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The Chinese town engulfed by a flood to save Beijing
The Chinese town engulfed by a flood to save Beijing
Floodwaters were diverted from Beijing, but the water had to go somewhere - So Zhuozhou took the brunt.
2023-08-04 15:19
Texas A&M reaches $1 million settlement with journalism professor over hiring controversy
Texas A&M reaches $1 million settlement with journalism professor over hiring controversy
Texas A&M University reached a $1 million settlement with a Black journalism professor who said her tenured position offer fell apart after backlash to her work on diversity and equity efforts, the university announced Thursday.
2023-08-04 14:56
Hundreds of teenagers are falling ill from heat wave at World Scout Jamboree in South Korea
Hundreds of teenagers are falling ill from heat wave at World Scout Jamboree in South Korea
Hundreds of teenage boy and girl scouts have fallen ill at a global event in South Korea as a sweltering heat wave sweeps the country, angering some parents who have called for the 12-day event to be canceled.
2023-08-04 14:49
Selloff in Long-Maturity Treasuries Squeezes Recession Wagers
Selloff in Long-Maturity Treasuries Squeezes Recession Wagers
The Treasury yield curve has steepened this week, but the shift is unnerving investors as it comes through
2023-08-04 14:16
China drops Australia barley tariffs after three years
China drops Australia barley tariffs after three years
The relationship between Canberra and Beijing has thawed since the election of Prime Minister Anthony Albanese.
2023-08-04 13:59
Shropshire farmers look to send pick-ups to Ukraine front-line
Shropshire farmers look to send pick-ups to Ukraine front-line
David Evans, from Pontesbury, went with a convoy in May and says the gratitude was "overwhelming".
2023-08-04 13:52
Connecticut landowner claims a $1.5 million home is being built on his vacant lot after a fraudulent sale
Connecticut landowner claims a $1.5 million home is being built on his vacant lot after a fraudulent sale
A man claims a $1.5 million home is being built on his Fairfield, Connecticut, property without his permission after somebody fraudulently sold the land to a property developer, according to a lawsuit.
2023-08-04 13:51
Oil Coasts to Sixth Weekly Gain After Saudis, Russia Extend Cuts
Oil Coasts to Sixth Weekly Gain After Saudis, Russia Extend Cuts
Oil headed for a sixth straight weekly gain, the longest winning streak in more than a year, after
2023-08-04 13:47
Buffett’s Favored Japan Trading Firms Post Solid Earnings
Buffett’s Favored Japan Trading Firms Post Solid Earnings
Japanese trading houses — a darling of Warren Buffett’s — posted strong earnings last quarter, despite a drop
2023-08-04 13:46
Meta’s Twitter rival Threads sees steep drop in daily users by 80 per cent, report says
Meta’s Twitter rival Threads sees steep drop in daily users by 80 per cent, report says
Meta’s Twitter rival Threads appears to be struggling to hold on to users as its daily active user count is down by about four-fifth since its launch – just days after it broke records as the fastest-growing app ever. Within a few days of its launch, Instagram’s threads reached 100 million users, making it the most rapidly growing app ever developed. In comparison, OpenAI’s ChatGPT, which was the previous fastest-growing app, took two months to reach 100 million users. Growing at such a rapid rate, Threads easily became the leading competitor of X (formerly Twitter) with about three times as many users as all other rivals combined within hours of launching. But new data assessed by market research firm Sensor Tower suggests Threads is facing challenges in retaining its user base. The firm’s analysis points out that the daily active user count of Threads is down by 82 per cent since the app’s launch as of 31 July, CNN reported. Fewer users are opening the app and doing so less frequently, apart from spending less time there, according to Sensor Tower. Citing the market research firm, CNN said users spent barely three minutes per day on Threads, compared to nearly 20 minutes during its initial launch. Analysis by another firm Similarweb also pointed out that Threads is struggling to retain its users. While the app’s usage peaked on 7 July – immediately after its launch – with over 49 million daily active users on Android alone, this number had fallen to 12.6 million by 23 July, according to a blog post by Similarweb. At its peak, Threads reportedly had over a third of X’s audience on that platform, but by 23 July, this had dropped to about 12 per cent of the users on the Elon Musk-owned platform. Sensor Tower noted that Threads’ daily active user count is still falling at about 1 per cent each day. “Threads took off like a rocket, with its close linkage to Instagram as the booster. However, the developers of Threads will need to fill in missing features and add some new and unique ones if they want to make checking the app a daily habit for users,” Similarweb noted in its blog post. Despite falling numbers, Meta chief Mark Zuckerberg is “quite optimistic” about the app, intending now to focus on “retention and improving the basics”, according to CNN. “And then after that, we’ll focus on growing the community to the scale we think is possible,” Mr Zuckerberg said. Read More Meta is secretly building an AI chatbot with the personality of Abraham Lincoln Are you a Facebook user? Here’s how to claim your share of $725m settlement in privacy lawsuit Elon Musk red-faced as police halt Twitter sign removal leaving company called ‘ER’ Mark Zuckerberg reveals his 4,000 calorie diet and large McDonald’s order Meta is secretly building an AI chatbot with the personality of Abraham Lincoln Here’s how to claim your share of $725m settlement in Facebook’s privacy lawsuit
2023-08-04 13:28
UAE’s $60 Billion Firm Chases Global Deals Despite Vodafone Snag
UAE’s $60 Billion Firm Chases Global Deals Despite Vodafone Snag
Vodafone Group Plc’s biggest shareholder is pushing ahead with an ambitious global expansion strategy, undeterred by a slump
2023-08-04 13:26
China's central bank keeps RRR cuts on table, as investors eye more support for economy
China's central bank keeps RRR cuts on table, as investors eye more support for economy
(Corrects attribution in paragraph 4 to Yuan Da of the NDRC, not Zou Lan of the central bank) BEIJING (Reuters)
2023-08-04 13:24
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