KUALA LUMPUR (May 23): The FBM KLCI tumbled to its lowest level in three months on renewed concerns over national debt levels, following recent statements by Prime Minister Tun Dr Mahathir Mohamad and Finance Minister Lim Guan Eng which signalled the national debt had breached RM1 trillion.
At 12.30pm, the FBM KLCI tumbled 1.6% or 28.67 points to 1,816.36.
Losers thumped gainers by 516 to 97, while 568 counters traded unchanged. Volume was 1.42 billion shares, valued at RM1.25 billion.
Facebook’s Oculus is discontinuing the storefront that allows users to purchase or rent movies to view in their Rifts. Instead, the company says its users are more interested in gaming than they are in anything else. Besides the store, the company is also reimbursing users for their past purchases — which makes sense, as they’re apparently also cutting off their ability to view said movies. According to Variety, the primary reason for shutting down the store appears to be apathy from users. In an email to consumers, a spokesperson says: Over the years, we’ve seen how people use VR for everything… This story continues at The Next Web