Archives

Vanity Fair New Establishment Summit 2018 - Day 2

Ex-Celebrity Lawyer Michael Avennati's Appeal in Nike Extortion Case Junked by Supreme Court

The Supreme Court upheld lawyer Michael Avenatti's conviction and two 1/2-year prison sentence for attempting to extort up to $25 million from Nike, rejecting his appeal that claimed the sentence was based on an unconstitutionally vague statute and that he was engaged in legitimate settlement negotiations.


FTC Lists Down Top Scammer-Impersonated Companies—Best Buy Tops the List

FTC listed down the top scammer-impersonated companies. Best Buy tops the list with the most scam impersonators.

Toyota Challenges Electric Cars With Futuristic Engine Running on Green Fuels

Future hybrid cars from Toyota will have futuristic engines running on green fuels, challenging electric vehicles and aiming to reduce carbon emissions from the automotive industry.

Japan Launches Robots to Clean Up Destroyed Fukushima Nuclear Plant

Japanese company TEPCO will employ a remote-controlled robot to retrieve melted fuel debris from Fukushima Daiichi's damaged reactors, the first step in addressing the aftermath of the 2011 nuclear disaster.


Latest News

T-Mobile Purchases US Cellular Operations, Expands 5G Coverage
T-Mobile is acquiring US Cellular’s wireless operations and spectrum assets for $4.4 billion, enhancing its network coverage and capacity while consolidating the industry.
Western Companies Are Finding It Hard to Leave Russia Amid Increasing Kremlin-Imposed Exit Costs
Despite initial pledges to exit Russia following the 2022 invasion of Ukraine, many Western companies, including Avon Products, Air Liquide, and Reckitt, remain in the country.
EU's ChatGPT Task Force Reveals Preliminary Findings on OpenAI's Privacy Compliance
The European Union's (EU) data protection task force has released its preliminary conclusions on OpenAI's compliance with privacy regulations concerning ChatGPT.
US, Europe Move Closer to Vaccinating Poultry and Dairy Workers Against Bird Flu
The US and Europe are considering acquiring or producing H5N1 bird flu vaccines to protect poultry and dairy workers.
ZA Retailer Pepkor Reports 3.1% Revenue Drop, Cites Supply Chain Disruptions on Imports
South African company Pepkor Holdings reported a 3.1% fall in its half-year earnings report due to ongoing supply chain disruptions at local ports that impacted its merchandise imports, but also reported a 9.5% revenue rise compared to the similar time period last year.
Argentina's Milei Plans to Meet Big Tech Bosses This Week in US Trip
Argentinian President Javier Milei is scheduled to meet several top-level Silicon Valley executives in the United States this week, including the bosses of Meta, Google, Apple, and OpenAI.
BTS Manager Hybe to Sell $50 Million Worth of SM Management Shares After Failed Takeover Attempt, Beef with ADOR Boss Min Hee-Jin
BTS’s talent agency Hybe is selling 750,000 of its shares with SM Management for a total of $50 million while it is dealing with estranged ADOR CEO Min Hee-Jin.
Toyota Set to End Massive Sponsorship Deal With International Olympic Committee: Report
Toyota is reportedly ending its massive sponsorship deal with the International Olympic Committee (IOC).
Survey Finds Google Pixel’s Smartphone Market Share in Freefall
A recent Statista Consumer Insights survey showed that 57% of current Google Pixel users are intending to switch to another smartphone brand.
China Creates $47.5 Billion Chip Fund Amid Semiconductor Battle With Joe Biden
China has launched its largest semiconductor investment fund to date to boost its domestic chip industry.