The News Caravan

Tag: Jump

  • Amazon beats expectations in first quarter earnings as shares jump 11%

    Amazon beats expectations in first quarter earnings as shares jump 11%

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    Amazon shares jumped more than 11%, as income from its cloud computing and advertising units beat estimates for the first quarter of the year.

    The e-commerce behemoth, which is in the midst of aggressively cutting costs including laying-off 27,000 workers, said revenue for the quarter was $127.4bn, a 9% growth compared to the $116.4bn it reported during the same period last year.

    Profits at the Seattle-based company were reported at $3.17bn, or 31 cents per share, but higher than the $2.24bn industry analysts had expected.

    Despite coming in ahead of expectations, Amazon said that its AWS cloud unit, which pioneered the market over 15 years ago and maintains a commanding lead over other tech firms, grew by 16% during the first quarter, much slower than 37% the company reported a year earlier.

    Overall, Amazon’s results are a strong improvement over a year earlier, and followed upbeat earnings by Facebook parent’s company Meta, as well as Microsoft. Prior to Thursday’s results, Amazon shares are up 31% for the year after nearly half their value in 2022.

    Amazon’s CEO, Andy Jassy, said in a statement that “there’s a lot to like about how our teams are delivering for customers, particularly amidst an uncertain economy”.

    Amazon’s advertising business, which saw revenues jump 23% year-over-year to $9.51bn, had benefited from the company’s investments in machine learning, Jassy said. While business customers are spending “more cautiously” on cloud services, he added, Amazon’s storage and machine learning services, would provide “much growth ahead”.

    Earlier this month, the company warned that shoppers have become more conscious about their spending and are trying to save costs when they can. On top of that, many shoppers have returned to in-store shopping after relying on e-commerce during the pandemic. As a result, the company reported no growth in its online retail business.

    Amazon has already responded to the post-pandemic environment by cancelling some warehouse expansion plans. Cost-saving measures have increased over the past two quarters with layoffs in corporate positions, including devices, advertising, AWS and live-streaming, reaching 27,000, the largest job cuts in its 29-year history.

    The company also plans to pause construction on the second phase of its headquarters in northern Virginia and will close some of its Amazon Fresh and Go convenience stores and pause grocery business expansions.

    But the company has also said it plans to expand into other areas, including healthcare, generative AI and Kuiper, a satellite broadband project the company unveiled in 2020.

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    ( With inputs from : www.theguardian.com )

  • Two Girls Jump From Moving Car To Escape Alleged Molestation

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    SRINAGAR: A teenage duo escaped an alleged molestation bid at the hands of a private vehicle driver and another onboard person by jumping out of a moving car in Handwara area in north Kashmir’s Kupwara district.

    “Today in April 10, 2023, information was received by PS Kralgund that two teenage girls had sought lift from a private vehicle at Rasripora to go towards Watergam”, reads a police statement.

    “However, on boarding the vehicle, the driver and another person attempted to molest the girls, upon which they jumped off the vehicle at Rasripora”, reads the statement adding an FIR no 33/2023 under relevant sections of law has been registered at PS Kralgund and investigation initiated.

    “In public interest, parents and guardians are urged to counsel their children and wards to avoid taking or accepting lifts from strangers”, reads the statement further.

    As per reports a driver and his accomplice allegedly attempted molestation of two girls, believed to be in her teenage years, after the latter asked for a lift. The girls have received some bruises and are being treated at a nearby health facility.

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    #Girls #Jump #Moving #Car #Escape #Alleged #Molestation

    ( With inputs from : kashmirlife.net )

  • Denied marriage, love-torn Mumbai boy & minor girl jump to death from hill

    Denied marriage, love-torn Mumbai boy & minor girl jump to death from hill

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    Mumbai: A young man and his minor girlfriend allegedly ended their lives by jumping off a hillock in a north-west suburb of Mumbai, police said here on Saturday.

    The man, identified as one Akash Jhate and the 16-year-old girl studying in SSC, were neighbours in the Janupada tribal-dominated locality near Samata Nagar in Kandivali east.

    While the boy worked as a housekeeper, the girl was a school student and they reportedly took the extreme step as their families were against their liaison.

    The girl’s family said that when they woke up in the morning, the girl was missing from the home and they launched a frantic search for her in the vicinity, but failed to trace her.

    They approached the Samata Nagar Police to lodge a missing complaint, and being a minor, the police launched investigations into a possible abduction angle.

    It was only on Friday afternoon that the police were alerted of the tragedy by a local informing about two bodies found lying at the bottom of a hill there. They were rushed to the Shatabdi Hospital where the doctors declared them dead.

    Though no suicide note has been recovered, subsequent police enquiries revealed that the girl claimed to have gone out with a friend, while the boy sent a message to his family saying he was leaving home and would never return.

    The bodies of the deceased were sent for an autopsy and later handed over to their respective families for the last rites.

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    #Denied #marriage #lovetorn #Mumbai #boy #minor #girl #jump #death #hill

    ( With inputs from www.siasat.com )

  • Boy And Girl Jump Into Jhelum, Girl Rescued

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    SRINAGAR : A boy and a girl jumped into river Jhelum in north Kashmir’s Baramulla district, however, the girl was rescued immediately, while the body of the boy was retrieved later on.

    Quoting an official, news agency KNO reported that the duo jumped in the river Jhelum this afternoon.

    He said the girl was rescued, while the search for the boy was started immediately.

    Confirming the retrieval of the body a police official identified the deceased as Suhail Ahmad Parry, son of Noor Mohd Parray, a resident of Sangri Colony Baramulla.

    “The body of the boy was retrieved and taken to a nearby health facility for medico-legal formalities, following which it will be handed over to the family for last rites”, the official further said.

    A rescue operation was initiated at Dewan Bagh foot Bridge, near Gulnaar Park, in Baramulla soon after news about the drowning of the duo spread in the area and NDRF assisted by police and locals retrieved the body.

    Meanwhile, police have taken cognizance of the incident.

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    #Boy #Girl #Jump #Jhelum #Girl #Rescued

    ( With inputs from : kashmirlife.net )

  • Boy And Girl Jump Into Jhelum, Girl Rescued

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    SRINAGAR: A boy and a girl jumped in river Jhelum in north Kashmir’s Baramulla district, however, the girl was rescued immediately, while search for boy was on.

    Quoting an official, news agency KNO reported that the duo jumped in the river Jhelum this afternoon.

    He said the girl was rescued immediately, while search to trace the boy was going on.

    A rescue operation was initiated at Dewan Bagh foot Bridge, near Gulnaar Park, in Baramulla soon after news about the drowning of the duo spread in the area.

    Meanwhile, police have taken cognizance of the incident.

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    #Boy #Girl #Jump #Jhelum #Girl #Rescued

    ( With inputs from : kashmirlife.net )

  • Lindsey Graham to China: ‘If you jump on the Putin train, you’re dumber than dirt’

    Lindsey Graham to China: ‘If you jump on the Putin train, you’re dumber than dirt’

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    Speaking from the Munich Security Conference in Germany, Graham urged the Biden administration to declare Russia a state sponsor of terrorism, which would enable the U.S. to penalize nations that provide assistance to Russia in its war with Ukraine, which began a year ago.

    Graham cited Vice President Kamala Harris’ statement that Russia is committing crimes against humanity as support for the idea that Russia should be declared a state sponsor of terrorism. “Their actions are an assault on our common values, an attack on our common humanity,” she said in Munich on Saturday.

    Graham called Harris’ statement “correct.”

    The United States now lists four nations as state sponsors of terrorism: Cuba, Iran, North Korea and Syria.

    Graham also said it was crucial for the U.S. to train Ukrainian pilots to fly F-16 fighters to give Ukraine the capability to win the war, even if that might seem like a form of escalation to President Vladimir Putin and Russia.

    “Don’t worry about provoking Putin,” he said. “Worry about beating him, and I’ve never been more optimistic about winning this war in Ukraine than I am right now. I see solidarity across the aisle in America and across the seas.

    As he has in the past, the South Carolina senator took an expansive view of the ongoing war, seeing it as more than just a regional conflict.

    “What’s at stake here is the rule of law, human decency, and world order,” Graham said.

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    #Lindsey #Graham #China #jump #Putin #train #youre #dumber #dirt
    ( With inputs from : www.politico.com )