AFP
13876 articles published since 08 Mar 2022
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Elon Musk teases audio and video calls at X
X is tinkering with video and audio calling at the platform formerly known as Twitter, according to a post Wednesday by owner Elon Musk. "Early version of video and audio calling on X," Musk wrote in a post that contained a screen capture showing how to turn the feature on in the platform's settings.
Mattel posts strong Q3 results, boosted by 'Barbie' mania
American toy maker Mattel revised its annual earnings forecast after its third quarter results beat analysts' expectations, riding on the success of the "Barbie" blockbuster. He added: "Our results benefited from the success of the Barbie movie, which became a global cultural phenomenon, and marked a key milestone for Mattel."
Meta quarterly profit more than doubles
Meta on Wednesday reported that its quarterly profit more than doubled from last year's figure to $11.6 billion as ad revenue climbed. The tech firm behind Facebook, Instagram and WhatsApp said revenue also grew 23 percent to $34 billion when compared to the same period a year earlier.
US new home sales hit highest rate in over a year
Sales of new US homes picked up more than anticipated in September, government data showed Wednesday, with the tight supply of real estate pushing more buyers into the market for new properties. Last month, sales of existing homes, which form the majority in the market, hit the lowest rate in 13 years, according to industry data.
Boeing cuts 2023 forecast for 737 deliveries as it reports loss
Boeing reported another hefty loss Wednesday as it trimmed its full-year forecast for deliveries of the 737 to address a manufacturing problem on the aircraft. The US aviation giant, which has struggled with manufacturing and quality control issues in recent years, reported a third-quarter loss of $1.6 billion,which translated into a bigger per-share hit than analysts estimated.
TikTok removed 4mn 'violative' videos in EU last month
TikTok said Wednesday it pulled four million "violative" videos in the EU in September, in its first transparency report since a new law against illegal and harmful content came into force across the bloc.
Heineken warns of slowdown in consumer demand
Dutch brewing giant Heineken said Wednesday that it sold less beer in the third quarter, noting that higher prices and the poor economic outlook was affecting consumer demand.
Kenya's central bank chief says currency overvalued
Kenya's central bank chief has said that the country's currency, currently trading at record lows, has been overvalued for several years. "I think for several years now we have had an overvalued exchange rate," Central Bank of Kenya governor Kamau Thugge told a parliamentary committee on Tuesday.
Some S.African miners return to surface after underground dispute
Some of the miners who stayed underground for more than two days in a standoff between rival South African labour unions began returning to the surface Wednesday, their representatives said. So, we couldn't allow workers to stay underground without food," he said.
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