Shares of American streaming service Netflix plunged 37% during early trading on Wednesday, marking a massive loss of $40 billion in market capitalization, after the company reported its first customer decline in more than a decade. The company said the number of subscribers in its first quarter dropped by 200,000, …
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Pakistan’s National Assembly has passed a vote of no-confidence against Prime Minister Imran Khan on Sunday, with 176 lawmakers out of 342 voting against him. The speaker of the parliament’s lower house Asad Qaisar, who is also a member of Khan’s party, announced his resignation after adjourning the house three times throughout …
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The French government has decided to replace the head of the Directorate of Military Intelligence (DRM), national media reported on Wednesday citing sources. General Eric Vidaud was fired just seven months after getting the job, allegedly for being blindsided by Russia’s attack on Ukraine. Vidaud was appointed military intelligence chief last …
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Russia’s military operation in Ukraine raises questions about the balance of losses and gains for major stakeholders and global actors. When it comes to Moscow and Kiev, this balance is yet to be determined. As of now, the hostilities continue and no political settlement has been worked out, so it’s …
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The market capitalization of streaming services provider Spotify dropped some $2.1 billion within three days after folk-rock legends Neil Young and Joni Mitchell voiced their protest against its most popular podcast ‘The Joe Rogan Experience’ demanding to delete the show from the streaming platform over spreading fake pandemic information. The …
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The US has announced that it is canceling $130 million in military aid to Egypt over human rights concerns, with the move coming just days after the Biden administration approved a $2.5 billion arms sale to the North African country. Cairo has failed to meet all the human rights conditions …
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The world’s number one cryptocurrency, Bitcoin, has declined to nearly $33,000 on Monday, marking a daily drop of nearly 5%, according to data tracked by CoinDesk. The second most popular crypto, Ethereum, plunged 9.3% to $2,209 in a 24-hour span. Earlier in the day, both tokens fell to their lowest …
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The announcement was made by the Palace in a brief statement on Thursday. “With The Queen’s approval and agreement, The Duke of York’s military affiliations and Royal patronages have been returned to The Queen,” the statement reads. “The Duke of York will continue not to undertake any public duties and …
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Spain’s highest court has rejected a long-running lawsuit brought by former oligarch Sergey Pugachev which demanded Russia pay more than $14 billion in damages, rejecting an appeal against a previous legal ruling. On Monday, Russian media reported that the court in Madrid had dismissed the claims from the founder of …
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In a decision on Thursday, the DC Circuit Court of Appeals struck down a suit initially brought by Trump in October, which sought to bar the National Archives from turning over the official documents to a House committee investigating the incident at the Capitol. A panel of three judges determined that request had …
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