Google, Apple, Amazon give investors reason to fret
Washington (AP): Wall Street had its eyes on Friday on big tech after some of the biggest companies in the world posted lackluster quarterly financial performances.
That included Apple Inc. The company posted its first quarterly revenue drop in nearly four years after pandemic-driven restrictions on its China factories curtailed sales of the latest iPhone during the holiday season.
Amazon reported worse-than-expected fourth-quarter profits, but its revenue beat expectations boosted by sales in its cloud-computing unit AWS, which is also seeing a slow-down in growth.
Google's parent company Alphabet posted a lower profit and a small revenue increase for last year's fourth quarter, as a decline in online ad spending and competition from rivals weigh on the search giant.
While overall revenue grew, advertising revenue fell by nearly 4 per cent and revenue at YouTube declined 8 per cent year-over-year.
Amazon ended on Friday down 8.4 per cent and Alphabet lost 2.8 per cent. Apple bounced back, finishing the day up 2.4 per cent.
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Delhi High Court withdraws judicial work from District Judge after viral video of misconduct
New Delhi: The Delhi High Court has withdrawn judicial duties from District Judge Aman Pratap Singh, currently serving as District Judge 1 in South West, Dwarka.
The decision was made during a full court meeting last week, following concerns over the judge's indiscipline, low case disposal rate, and failure to adhere to court schedules.
An official order issued by the High Court Registrar General on September 19 confirmed the withdrawal of Singh's judicial work with immediate effect. Sources indicate that a video of the judge behaving inappropriately in the courtroom, which went viral on social media, contributed to the decision.
In the video of the court proceedings which was circulated, the judge can be seen standing up from his chair and yelling while addressing the court staff and the counsel of an accused.
A viral WhatsApp video of a Delhi Judge - District Judge Aman Pratap Singh pic.twitter.com/uLteC69YBY
— Bar and Bench (@barandbench) September 20, 2024
