Facebook parent Meta sheds US$200b in stock plummet
NEW YORK, Feb 4 — Facebook’s parent firm Meta on Thursday plunged over US$200 billion (RM836 billion) in stock value — comparable to the size of New Zealand’s economy — after results that raised doubts about the troubled social media giant’s future. In addition to costs of big investments on its metaverse vision for the […]
Volkswagen able to build one million EVs a year in China from 2023
BERLIN: Volkswagen will be able to build one million electric vehicles (EVs) a year in China in 2023, chief executive officer of the Volkswagen Passenger Cars brand Ralf Brandstaetter told Nikkei yesterday, boosted by a new plant in Anhui province. The plant, a joint venture with China’s Anhui Jianghuai Automobile Co or JAC first announced […]
Spotify boss defends Joe Rogan deal as stock plunges
LOS ANGELES, Feb 4 — The head of embattled streaming service Spotify has told staff that Joe Rogan is vital to the company, but that he doesn’t agree with the controversial podcaster. The comments were published Thursday as the firm’s stock went into freefall. Spotify has found itself stuck between its US$100 million (RM418 million) […]
Terengganu tourism given a boost with direct flight to Pulau Redang
KUALA NERUS (Jan 31): The tourism industry in Pulau Redang is expected to grow with the availability of direct flights from Sultan Abdul Aziz Shah Airport to the island. State Tourism, Culture and Digital Technology Committee chairman Ariffin Deraman said the direct flight was made possible through a cooperation between the state government and SKS […]
MoH extends contracts of health workers
KUALA LUMPUR: The Health Ministry (MoH) has confirmed the extension of the contracts of health workers which end this year. Its secretary-general Datuk Seri Mohd Shafiq Abdullah said the Public Service Commission had on Jan 26 and 28, agreed to approve the renewal of contracts of 1,243 Grade U29 Assistant Medical Officers involving graduates of […]
PLUS encourages people to enter highway before 9 am from Feb 4-6
KUALA LUMPUR: PLUS Malaysia Berhad (PLUS) advises all customers from north and south returning to Klang Valley to follow the Travel Time Advisory (TTA) and enter the highway before 9 am for travels between Feb 4 and 6. In a statement today, the highway concessionaire said an increasing traffic trend was recorded on the second […]
Rosmah’s bribery and corruption trial postponed again as witness still under home quarantine due to delayed flight
KUALA LUMPUR, Feb 4 ― Datin Seri Rosmah Mansor’s bribery and corruption trial has been delayed once again as the final witness was unable to attend the court proceedings today. Rosmah’s counsel Azrul Zulkifli Stork told High Court Judge Justice Zaini Mazlan that the witness’ flight back to Kuala Lumpur on January 28 was delayed […]
Covid-19: More than 12.1 million adults in Malaysia have received booster jabs
KUALA LUMPUR: The number of adults in Malaysia who have received the Covid-19 booster dose has increased to 12,157,974 individuals or 51.9% of the adult population as of Thursday (Feb 3). Based on the CovidNow portal, a total of 22,927,434 individuals or 97.9% of the adult population in the country had completed the vaccination, while […]
Beijing Olympics set to open under cloud of Covid, rights fears
BEIJING: A Winter Olympics overshadowed by rights concerns and Covid will officially begin in Beijing on Friday with an opening ceremony at the “Bird’s Nest” stadium. The distinctive lattice-shaped arena took centre stage at the 2008 Games — seen as China’s coming-out party to the world — and will do so again as Beijing becomes […]
