A British tycoon who allegedly defrauded Hewlett-Packard when he sold his software company to the U.S. tech giant in 2011 has been extradited to the United States to face criminal charges. In January 2022, the then Home Secretary Priti Patel ruled Mike Lynch—who founded Autonomy in 1996—could be extradited to the United States, where he…
Elon Musk Names New CEO of Twitter
Twitter and Tesla owner Elon Musk on Friday named NBCUniversal advertising chief Linda Yaccarino as the CEO of Twitter, coming just hours after she announced she would be leaving the corporate media outlet. “I am excited to welcome Linda Yaccarino as the new CEO of Twitter!” Musk wrote in a post on Friday. The billionaire…
New York AG Suing Gun Manufacturer for Aiding Mass Shooter
May 12, 2023
admin
2nd Amendmentarms manufacturersBusiness & MarketsCompaniesLetitia JamesNew YorkPolicies & ImpactsRegional & State NewsSocial IssuesState NewsUS
0 Comment
New York Attorney General Letitia James filed a lawsuit against a gun accessory manufacturer on Thursday, alleging that the business facilitated the illegal possession of weapons in the state. The lawsuit (pdf) has been filed against Georgia-based Mean Arms for allegedly aiding in the illegal possession of assault weapons in New York, including the weapon…
IN-DEPTH: Iowa Supreme Court Will Likely Hear Challenge to Land Surveys on Private Property
May 12, 2023
admin
Business & Marketscarbon captureCompaniesconstitutional rightseconomyenergyFeatured TopicsInvestmentIowaPolicies & ImpactsRegional & State NewsRegional NewsUS
0 Comment
An Iowa Judge recently ruled in a Clay County case that a state law regarding access to private property for land surveys is unconstitutional. Another judge in a similar Hardin County case determined on May 10 that the same law is constitutional. Brian Jorde, managing lawyer at Domina Law Group in Omaha, Nebraska, who represents…
Peloton Is Recalling More Than 2 Million Exercise Bikes Over Injury Risk
Peloton is recalling 2.2 million of its exercise bikes in the United States over concerns that the bike’s seat can break during use, posing fall and injury hazards, the Consumer Product Safety Commission (CPSC) announced Thursday. The recall impacts the Peloton Bike Model PL01, which is 4 feet long by 2 feet wide, and has an adjustable…
Adidas Plans to Resell Remaining Kanye West Sneakers, Donate Proceeds to Charity, After Cutting Ties With Rapper
Adidas plans to resell parts of its remaining now-defunct shoe line with Kanye West following comments he made last year that were widely viewed as antisemitic, the company has announced. Björn Gulden, CEO of the German sports brand, revealed the decision during the company’s annual shareholder meeting on May 11. “What we are trying to do now…
Louisiana’s Biggest Hospital System Lays Off 770 People
May 12, 2023
admin
Business & MarketsCompanieseconomyinflationlayoffsLouisianaMarketsMississippiOchsner HealthRegional & State NewsRegional NewsState NewsUSUS News
0 Comment
Louisiana’s largest hospital system and one of its largest private employers, Ochsner Health, plans on laying off 770 employees. The job cuts will affect 42 hospitals and more than 200 urgent care and health centers in Louisiana and Mississippi. Ochsner CEO Pete November wrote in a May 11 email to employees (pdf) that the cutbacks would not affect doctors, nurses,…
Southwest Airlines Pilots Vote Overwhelmingly to Authorize Strike Ahead of Summer Travel Season
Southwest Airlines pilots are set to go on strike ahead of what is expected to be a busy summer travel season. The Southwest Airlines Pilots Association (SWAPA) announced the move on May 11, noting that 99 percent of union members who took part in a vote on the matter opted to authorize a strike. Turnout was…
Australian Lithium Company Enters into $15.7 Billion Merger with US Partner
A new global lithium giant will emerge from the $15.7 billion (US$10.6 billion) merger between one of Australia’s largest lithium producers and a U.S.-based company. On May 11, Brisbane-headquartered Allkem and New York Stock Exchange-listed Livent announced that the two companies would enter into a merger of equals. The result of which will be an entity…
News Corp Should Receive Revenue for Training AI Bots, Says CEO
May 12, 2023
admin
AustraliaBusiness & MarketsCompaniesMedia & Big TechNews CorpNews CorporationRobert ThomsonTechTech NewsUSUS NewsWorld
0 Comment
Media giant News Corporation should be compensated by artificial intelligence engines for using its content, says company CEO Robert Thomson. In an investor call on May 12, Thomson said AI would have a profound effect on the media business. “Generative AI may pose a challenge to our intellectual property and to the future of journalism,”…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta