Business

Telegram chief reports 25 million new users in three days

  MOSCOW (AFP) — The encrypted messaging app Telegram has registered 25 million new users in the past 72 hours, its Russia-born founder Pavel Durov said Tuesday, on the heels of WhatsApp announcing a change to its privacy terms. Durov, 36, …

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Bitcoin soars past $40,000 for the first time

LONDON (AFP) — The price of the cryptocurrency bitcoin soared past $40,000 for the first time on Thursday, rising $10,000 in just five days. The price of bitcoin was $40,380 at roughly 1820 GMT, having jumped 10.4 percent during the …

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Tesla CEO Elon Musk now world’s wealthiest person

NEW YORK (AFP) — Elon Musk, the outspoken and envelope-pushing founder and CEO of Tesla, overtook Amazon boss Jeff Bezos to become the world’s wealthiest person, US media reported Thursday. Musk is a major shareholder of the electric car company …

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Tokyo shares sink on expected virus emergency

  TOKYO (AFP) — Tokyo stocks began the new year in volatile form, starting the Monday session up but quickly sinking on reports Japan may call a state of emergency over surging coronavirus cases. The benchmark Nikkei 225 index started …

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US sues Walmart over opioid crisis

  By John Biers Agence France-Presse NEW YORK (AFP) — The US Justice Department sued Walmart over its role in the opioid crisis on Tuesday, alleging the giant retailer wrongly filled prescriptions and worsened a public health disaster. The suit …

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Google, Facebook, coordinated antitrust response

WASHINGTON (AFP) — Google and Facebook worked together to help fend off an antitrust investigation into the two tech giants which dominate digital advertising, according to a media report citing a draft of a state lawsuit. The Wall Street Journal, …

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Hawaii’s largest stadium reduces operations indefinitely amid financial, safety concerns

  HONOLULU (Eagle News) – Effective immediately, Aloha Stadium will scale back its normal operations but will still entertain certain events with additional expenses incurred on their organizers. According to stadium officials, changes are being adopted in response to COVID-19 …

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Barack Obama high school basketball jersey sets new record at online auction

  HONOLULU (Eagle News) – The #23 high school basketball jersey worn by former US President Barack Obama was sold at an online auction on Friday, December 4. The buyer’s identity was not disclosed as of this report. According to …

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Boeing picks up big order for 737 MAX jets from Ryanair

  LONDON (AFP) — Boeing picked up Thursday its first major order for the 737 MAX since the aircraft was grounded for 20 months following two fatal crashes as Irish no-frills airline Ryanair signed a deal to acquire 75 of …

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Worsening pandemic chills US service sector momentum in November

  WASHINGTON (AFP) — The US service sector saw activity continue to grow but at a slower rate in November, according to a survey released Thursday, as the country struggles with a rapidly deteriorating Covid-19 pandemic. The Institute for Supply …

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Amazon in talks to buy podcast publisher Wondery: report

  SAN FRANCISCO (AFP) — Internet giant Amazon is in talks to buy podcast publisher Wondery, which serves up hit audio shows “Dr. Death” and “Serial,” the Wall Street Journal reported on Wednesday. West Hollywood-based Wondery boasts being the world’s …

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Tokyo stocks sharply up after Trump agrees to transition aid

  TOKYO (AFP) — Tokyo shares opened sharply higher on Tuesday after US President Donald Trump said he no longer opposed government aid for Joe Biden’s transition team, with markets also buoyed by new vaccine news. The Nikkei 225 index …

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