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Starbucks reports record sales but lower profits on weak China
Starbucks reports record sales but lower profits on weak China
by  AFP

Starbucks reported record quarterly revenues Thursday behind a strong US performance, but weak China results and increased expenses pinched profits. Profits for the quarter ending October 2 were $878.3 million, down 50 percent from the year-ago period, while revenues climbed 3.3 percent to $8.4 billion.

At Web Summit, 'Bored Apes' emerge from swamp but remain murky
At Web Summit, 'Bored Apes' emerge from swamp but remain murky
by  AFP

With a blast of "Break on Through" by The Doors and a flashy video of cartoon apes careening around a fantasy landscape, the boss of one of crypto's most secretive companies took to the stage on Thursday. BAYC is a set of 10,000 auto-generated images of cartoon apes sporting various expressions and accessories, with a back story about them living in a swamp.

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