Connect with us

World

Mikhail Gorbachev, ex-Soviet leader, dead at 91

Published

on

The former president of the former USSR, Mikhail Gorbachev, is dead at the age of 91

Russian news agencies reported hospital officials declaring the prominent Soviet leader dead.

Mr Gorbachev’s office said earlier that he was undergoing treatment at the hospital.

He will be remembered as serving as the last Soviet president.

He helped end the Cold War without bloodshed but failed to prevent the collapse of the Soviet Union.

“The country was loaded to the brim with weapons. And it would have immediately pushed the country into a civil war,” he famously said.

Gorbachev was a committed communist, but forged arms reduction deals with the United States and partnerships with Western powers to remove the Iron Curtain that had divided Europe since World War II.

Unlike previous Kremlin leaders who had sent tanks to crush uprisings in Hungary in 1956 and Czechoslovakia in 1968, when pro-democracy protests erupted across the Soviet bloc nations of communist Eastern Europe in 1989, he withheld his people from using force.

According to Reuters, Gorbachev struggled in vain to prevent that collapse.

Continue Reading

World

Texas man breaks ice off trampoline net

Published

on

Texas cold snap sees temperatures plummet

 
How’s this for cold?

Twitter user Brett Hillier has shared a video from his property in Texas, showing ice on the net of his trampoline cracking.

The Dallas-Fort Worth area has been blanketed with snow, with hazardous conditions expected to continue until at least Thursday.

Authorities have responded to hundreds of accident-related calls, with the ice storm wreaking havoc on roads.

The freezing conditions are making making roads slick, sending cars sliding as residents are told to stay home.

Schools across Mississippi and Tennessee have also been shut. #trending #featured

Continue Reading

World

Kamala Harris demands Congress pass George Floyd Act

Published

on

U.S. vice President Kamala Harris has implored Congress to pass the George Floyd Justice and Policing Act

While at the funeral of Tyre Nichols, who was beaten and died at the hands of five Memphis police officers – Harris implored for the right thing to be done.

“As vice-president of the United States, we demand that Congress pass the George Floyd Justice and Policing Act. Joe Biden will sign it,” Harris made the call to action while at the congregation in Memphis.

The Memphis Police Department fired five of the officers involved in the attack, who also are Black.

Prosecutors then charged them last week with second-degree murder, assault, kidnapping, official misconduct and oppression.

Continue Reading

Business

Meta stocks soar in ‘Year of Efficiency’

Published

on

Meta Platforms has announced a better-than-expected sales quarter, as well as a USD$40 billion stock buyback.

The parent of Instagram and Facebook cut its cost outlook for 2023 by $5 billion, and projected first-quarter sales that could beat Wall Street estimates.

Meta stock surged nearly 19% in after-hours trade.

Chief Executive Mark Zuckerberg described the focus on efficiency as part of the natural evolution of the company, calling it a “phase change” for an organisation that once lived by the motto “move fast and break things.”

“We just grew so quickly for like the first 18 years,” Zuckerberg said in a conference call. “It’s very hard to really crank on efficiency while you’re growing that quickly. I just think we’re in a different environment now.”

The cost cuts reflect Meta’s updated plans for lower data centre construction expenses this year.

In November, the company cut more than 11,000 jobs in response, a precursor to the tens of thousands of layoffs in the tech industry that followed.

“Our management theme for 2023 is the ‘Year of Efficiency’ and we are focused on becoming a stronger and more nimble organisation,” Zuckerberg said in a statement.

Continue Reading
Live Watch Ticker News Live
Advertisement

Trending Now

Copyright © 2022 The Ticker Company PTY LTD