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A federal judge has ruled that Martin Shkreli is prohibited from possessing or selling any copies of the one of a kind Wu-Tang Clan album, “One Upon a Time in Shaolin.” The former pharmaceutical executive must surrender all copies of the album to his legal team by Aug. 30. This comes just months after a…
The arrest of Telegram founder Pavel Durov is raising questions about the accountability tech executives face over content shared on their platforms. Durov, the billionaire behind the encrypted messaging app Telegram, was detained at a Paris airport amid an ongoing investigation by French authorities. The investigation alleges that Telegram’s lack of content moderation has enabled…
A federal judge has dropped the felony charges against two former Louisville Metro Police Department officers involved in the deadly raid on Breonna Taylor’s home. Taylor was shot and killed while police were executing a “no knock” forced-entry warrant for her boyfriend at her home in March 2020. Then-detective Joshua Jaynes and Sgt. Kyle Meany…
California launched a $250 million partnership between tech giants and local news, marking a significant shift in the media landscape. This first-of-its-kind initiative aims to revitalize local newsrooms and advance AI research, combining taxpayer funds with contributions from Google and OpenAI. Google will contribute $110 million, including $50 million for existing journalism programs and at…
Walt Disney tapped an executive with succession experience to usher in the company’s next chapter as CEO Bob Iger plans to exit when his contract expires in 2026. Disney named board member and Morgan Stanley Executive Chairman James Gorman to chair its succession planning committee. Gorman previously served as CEO of Morgan Stanley and oversaw…
Ford Motor Company has announced a series of adjustments to its electric vehicle (EV) strategy, following reports that the automaker is losing $100,000 on every EV sold. In response to these financial challenges, the company is scaling back its electric vehicle plans. Originally slated to begin new EV production this year at its $5.6 billion…
The Army National Guard has a broad mission, with members often holding civilian jobs or attending college while serving. The Guard can be activated only by state governors or the president of the United States to assist in emergencies. In recent years, the National Guard has been deployed to patrol the New York City Subway,…
The Biden Justice Department is going to bat for Donald Trump in federal court. The department moved to dismiss a case that claims the former president violated the rights of protesters, and also said it would pay the damages if he’s found liable. The case goes back to June of 2020 when racial justice protesters…
Divers continued their search on Tuesday, Aug. 20, for six missing people after a storm sank the luxury yacht Bayesian off Sicily’s coast. Among those missing are British tech entrepreneur Mike Lynch, his 18-year-old daughter, and several prominent figures, including a Morgan Stanley executive and a Clifford Chance lawyer. The yacht, anchored near Porticello, capsized…
Like any good TV show or movie, the saga of the sale of Paramount has a last-second plot twist. According to reports, billionaire media mogul Edgar Bronfman Jr., the former head of Warner Music Group, has submitted a bid of $4.3 billion to take control of Paramount Global — the parent company of CBS, MTV, and…
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