Large US tech companies face new EU rules
The world's largest tech companies must comply with a sweeping new European law starting Friday that affects everything from social media moderation to targeted advertising and counterfeit goods in e-commerce.
2023-08-25 15:18
Stalled contract jeopardizes relations between new Disney governing body and firefighters
After appointees of Florida Gov. Ron DeSantis took over Walt Disney World’s governing district earlier this year, its firefighters were among the few employees who publicly welcomed them with open arms
2023-06-18 20:50
Who is Greg Becker, the former head of failed Silicon Valley Bank?
By Hannah Lang Greg Becker, the former chief executive officer of Silicon Valley Bank, is set to appear
2023-05-16 02:50
'Nothing to hide': AIIB will investigate claims of Chinese Communist Party control
A Beijing-based multinational lender is launching an internal review after Canada suspended its ties with the regional development bank, citing explosive claims that the Chinese Communist Party had infiltrated the institution.
2023-06-16 18:47
Rivian’s Wounded Shorts Set for Potential Squeeze
Investors betting against Rivian Automotive Inc. have a lot riding on the electric vehicle maker’s results later Tuesday,
2023-08-09 01:54
Top US bankruptcy judge resigns amid ethics inquiry
By Dietrich Knauth and Nate Raymond U.S. bankruptcy Judge David Jones in Houston has resigned after a federal
2023-10-16 04:29
Stock That Crashed 95% on Xi’s Edtech Crackdown Is Roaring Back
One of the biggest losers from Chinese President Xi Jinping’s crackdown on the private sector has turned into
2023-11-22 13:21
Sheikh Jassim waiting to hear if final offer to buy Man Utd has been successful
Sheikh Jassim is still waiting to hear whether his fifth and final offer for Manchester United has been successful, according to sources close to the Qatari. Recent reports within Qatar had indicated that the Sheikh’s bid – which is for 100 per cent of the club – had seen off the bid from Ineos founder Sir Jim Ratcliffe. However, the Sheikh Jassim camp described those reports as pure speculation and say they remain in a ‘holding pattern’. They expect the next step will be for the United board to meet and consider both bids. United have been approached for comment. Sheikh Jassim’s fifth bid was made last week, but at the same time it was made clear to the Glazer family – who own the club – and to the Raine merchant banking group which is overseeing the sale that he would not engage with the process beyond last Friday. The Qataris are eager to get the deal done with the summer transfer window about to kick into gear. Sheikh Jassim’s bid is understood to be a fully cash deal for 100 per cent of the club, and that all United’s debts would be cleared. Sources close to the Sheikh’s bid say that separate, additional funding would be made available for player recruitment, infrastructure and other investment needs. The Glazers first announced their intention to consider a sale of the club in November last year, with the first bids from Ratcliffe and Sheikh Jassim tabled in February. There have been reports that Ratcliffe’s offer is for 60 per cent of the club, with Avram and Joel Glazer retaining a combined 20 per cent stake, but sources close to Ratcliffe have not confirmed this. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-06-13 17:45
Energy Department among federal agencies breached by Russian ransomware gang
U.S. officials say the Department of Energy is among a small number of federal agencies compromised in a Russian cyber-extortion gang’s global hack of a file-transfer program popular with corporations and governments
2023-06-16 06:51
FC Barcelona to List Media Unit in NY in $1 Billion SPAC Deal
Spanish football’s FC Barcelona will list its content creation unit Barca Media in the US via a merger
2023-08-11 19:46
EU backs Microsoft buying Call of Duty maker Activision Blizzard. But the $69B deal is still at risk
The European Union has approved Microsoft’s $69 billion purchase of video game maker Activision Blizzard
2023-05-15 22:46
Sports Illustrated is the latest media company damaged by an AI experiment gone wrong
Sports Illustrated is the latest media company damaged by being less than forthcoming about who or what is writing its stories at the dawn of the artificial intelligence age
2023-11-29 06:59
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