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ToplineAlphabet on Wednesday reported its 12th-straight quarter of double-digit revenue growth, boosted by another surge in Google Cloud sales as nearly 1 billion people now use the firm’s AI models.The Google parent reported its 12th-straight quarter of double-digit revenue growth. Gado via Getty ImagesKey FactsAlphabet reported second-quarter revenue of $119.8 billion, an annual increase of 24%, surpassing Wall Street’s projections of $117 billion, according to FactSet.The Google parent posted $9.11 earnings per share in what it called a year-over-year surge of 295%—the figure marked a roughly 291% annual increase and smashed consensus analyst estimates of $2.88 earnings per share.Google Cloud…
Tesla posted its financial statement for the second quarter of the year this afternoon. Earlier in July, we learned that the American automaker had had a good quarter in terms of sales, growing 25 percent year over year. Fans hoping that sales increase would result in a plenty profitable Tesla may be disappointed, though. Revenues are up but so are expenses, and the company’s once-enviable double-digit profit margin has fallen to just 1.4 percent. Tesla brought in $20.5 billion from its electric vehicle business, a 23 percent increase year over year, and just $146 million came from automotive regulatory credits.…
Natalie Fleet says she has stepped down as safeguarding minister after finding the role “overwhelmingly triggering”, telling the BBC that it was making her ill.The Labour MP, who was groomed and raped as a teenager, added she told the team of new Prime Minister Andy Burnham that she “sadly couldn’t stay” in the job.Fleet described it as the “bravest thing I’ve ever done” and offered her support to her successor.She was appointed to the role on 12 May this year following the resignation of Jess Phillips, who said opportunities for progress had been “stalled and delayed” under the leadership of…
Healthcare facilities in Borno State are under increasing pressure following a rise in suspected cholera cases, with more than 35,500 people infected and 198 deaths recorded since May. In a statement sent to PREMIUM TIMES on Wednesday, Médecins Sans Frontières (MSF), also known as Doctors Without Borders, cited data from the Borno State Ministry of Health showing that the outbreak has spread rapidly since the first suspected cases were reported on 1 May. The organisation attributed the surge to overcrowded informal settlements, limited access to safe drinking water, poor sanitation and inadequate waste management. MSF said the growing number of…
Electron and proton motion often work together in both living systems and engineered materials. The most familiar example is proton-coupled electron transfer (PCET), a process that plays a central role in bioenergetics, cellular respiration, photosynthesis, and nitrogen fixation. PCET has also influenced the design of many artificial materials used for energy conversion and storage. More recently, scientists identified another related process known as proton-coupled singlet energy transfer (PCEnT). Building on earlier studies of PCET and PCEnT, a team led by Prof. Kaifeng Wu at the Dalian Institute of Chemical Physics of the Chinese Academy of Sciences investigated another important but…
Veteran Nollywood actress Bukky Wright has revealed that she stepped away from acting and relocated abroad to prioritise raising her children, saying she has no regrets about the decision. The 59-year-old actress, who was a familiar face in Nigerian films before taking a lengthy break in the mid-2010s, made the revelation during an appearance on The Morayo Show. Wright returned to the screen in January 2025 with her role in Something About the Briggs, marking her comeback after years away from the industry. Reflecting on her absence, the actress admitted she left without informing her fans and said she owed…
By Henry Umoru The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, told the Senate that the country’s external reserves stood at $52.73 billion on July 9, 2026, compared with $48.88 billion recorded in January. Speaking on Wednesday in Abuja while appearing before the Senate Committee on Banking, Insurance and Other Financial Institutions, chaired by Senator Adetokunbo Abiru (APC, Lagos East), Cardoso said the 7.9 per cent increase in Nigeria’s external reserves reflects stronger reserve accumulation and a positive outlook for the economy. He added that the restoration of confidence in the foreign exchange market has been a…
The Lagos State Traffic Management Authority (LASTMA) has arrested a tanker driver who allegedly fled after knocking down and killing a dispatch rider in the Maryland-Ikeja area of Lagos. The crash occurred on Wednesday on Kodesho Road, opposite Mrs Filling Station, inward Awolowo Way and Oba Akran. The tanker, with registration number T-19089LA, was loaded with 33-litre groundnut oil when it allegedly struck and fatally crushed the rider. The incident was disclosed in a statement on X by LASTMA’s Director of Public Affairs and Enlightenment Department, Adebayo Taofiq. The agency explained that the driver fled the scene after the crash…
WASHINGTON, DC – APRIL 22: Food and Drug Administration Commissioner Marty Makary speaks during a news conference at the Health and Human Services Department on April 22, 2025 in Washington, DC. Makary and Health and Human Services Secretary Robert F. Kennedy Jr. spoke about the intent of the FDA “to phase out the use of petroleum-based synthetic dyes in the nation’s food supply.” (Photo by Andrew Harnik/Getty Images)Getty ImagesFDA Commissioner Marty Makary resigned in May 2026. If you’ve followed the goings-on at the FDA, you know that the year-and-a-half since his nomination has been marked by several controversies. But that…
In the FCC’s words, these fees “represent costs the provider chooses to pass through to consumers rather than rolling them into the base monthly price.” Ultimately, the fees are part of an ISP’s total cost of doing business and could be reflected in the overall advertised price. But ISPs choose to treat them as separate charges for the purpose of billing consumers. The burden of listing fees While ISPs seem to have little difficulty charging the fees when it’s time to issue monthly bills, they complain about the burden of listing all the fees on the broadband price labels. Broadband…