Stories for you
- BusinessReuters
Roblox cuts annual bookings forecast on muted player spending
Roblox cut its annual bookings forecast on Thursday, in a sign that people were dialing back on spending within its video-gaming platform amid an uncertain economic outlook and elevated levels of inflation. The lowered forecast marks the latest downbeat report from the gaming industry, which has laid off hundreds of employees and shut studios this year to cope with declining demand. Electronic Arts also gave a weak revenue forecast earlier this week.
2-min read - CelebrityHuffPost
Greg Gutfeld Makes Truly Vile Comments About 'Sex God' Trump And Stormy Daniels
The Fox News host offered a deeply misogynistic take on the adult film star's testimony about her alleged affair with Trump.
2-min read - NewsAFP News
UK's Cameron urges NATO countries to boost defence spending
UK Foreign Secretary David Cameron on Thursday urged NATO partners to soon start spending 2.5 percent of GDP on defence, during a major speech in which he called for a more muscular approach to Western foreign policy.Last month, UK leader Rishi Sunak announced during a visit to Poland that London would gradually boost defence spending to 2.5 percent of GDP by 2030.
3-min read - BusinessReuters
Tower Semiconductor Q1 revenue falls on weak demand
Over the past few quarters, semiconductor firms are dealing with a supply glut as they focus on clearing excessive inventory mainly in the automotive industry, hurting companies like Tower which makes analogue, mixed-signal chips and sensor technologies. French-Italian firm STMicroelectronics is one of the latest chipmakers to lower its full-year guidance due to declining orders. Tower Semiconductor reported revenue of $327 million for the three months ended March 31, down 7% year on year.
1-min read - PoliticsHuffPost
Bernie Sanders Calls Joe Biden’s Red-Line Warning To Israel A ‘Good Step Forward’
“I’m glad to see that the president is beginning, beginning to move in that direction,” the Vermont senator said.
3-min read - NewsReuters
India's 2023/24 fiscal deficit seen slightly better than projected, source says
NEW DELHI (Reuters) -India's fiscal deficit for the year ending March 2024 is expected to be slightly better than the government's projection of 17.35 trillion rupees ($207.81 billion), a government source told Reuters on Thursday. "Extra tax receipts and some non-tax revenues helped in bettering the fiscal deficit target," the government source, who did not want to be named, told reporters in New Delhi. Indian government will release the 2023/24 fiscal deficit data on May 31.
1-min read - NewsAFP News
Putin says nuclear forces 'always' on alert in Victory Day speech
President Vladimir Putin on Thursday warned his nuclear forces were "always" on alert and added that Moscow would not tolerate any Western threats, during an address on the annual Victory Day parade.Our strategic forces are always on alert," Putin told the crowd.
4-min read
