The Securities and Exchange Commission (SEC) and Kik are pushing for a speedy resolution to their ongoing legal battle, with both claiming the other has provided insufficient evidence to support their case. In a motion for summary judgment filed at the District Court for the Southern District of New York, the SEC claimed Kik had failed to provide any “cognizable defense” for why it had not […]
Backs
10 posts
The cliché about authoritarian leaders being strong but brittle is coming true with Donald Trump. The cost of this lesson will be tallied in lives and a wrecked economy. Donald Trump and his fans are learning that karmic externalities are a bitch. They’re learning that you can get away with a chain of scams, business failures, bankruptcies, and branding disasters and win the presidency but still […]
Berkshire Hathaway has pulled out of a proposed large investment in the liquid natural gas pipeline near Quebec’s Saguenay port. Warren Buffetts’s investment company had been planning to invest $4 billion in the project. The $9.5 billion LNG project is meant to be built about 230 kilometers northeast of Quebec City, according to CBC News. The marine terminal will be used to ship LNG overseas from the […]
A broad coalition of key Palestinian-American organisations has announced its support for Senator Bernie Sanders for president. “More than any other presidential candidate, Senator Bernie Sanders has built a historically inclusive and forward thinking-movement, one that represents America as a set of ideas grounded in the belief that all humans are equal and worthy of dignity and rights,” the coalition of political, academic and social organisations […]
Insurance giant Lloyd’s of London is backing a new policy protecting cryptocurrency held in online wallets against theft from hacks. Provided by Coincover, a crypto “lifestyle” service provider, the insurance is underwritten by Lloyd’s insurance syndicate Atrium, Coincover announced on Sunday. The liability policy is said to be a new type of insurance with a dynamic limit that increases or decreases in line with the price […]
Russia supports holding a “four-way summit” to bring together Turkey, France and Germany to discuss the situation in Syria’s Idlib province, the Kremlin announced yesterday. “Russian President Vladimir Putin supports the summit’s idea,” Kremlin spokesperson, Dmitry Peskov, told reporters, pointing out that Moscow was “still coordinating” the conference’s date with the involved governments. “The summit will be held after an agreement between the leaders of the […]
Tunisia is set to hold a confidence vote on a new government on February 26, after more than four months of political wrangling since elections, according to a parliament statement. The parliament announced a date for the vote on Prime Minister Elyes Fakhfakh’s government after the premier unveiled a revised cabinet lineup earlier this week. An initial version of the list had been rejected by the […]
Barely over a government-rocking reshuffle, UK Prime Minister Boris Johnson’s office has moved onto a fresh scandal, hiring an adviser who advocates eugenics, mandatory contraception, and giving children mind-altering drugs. Andrew Sabisky was one of the hires made by 10 Downing Street after Johnson’s chief adviser Dominic Cummings made a high-profile call to stock the office with “misfits and weirdos”. Also on rt.com ‘Cummings has retained […]
The power players at Condé Nast, the privately owned glossy and digital magazine publisher controlled by the media-centric Newhouse family, moved swiftly Thursday night to shoot down internal speculation that Vanity Fair Editor in Chief Radhika Jones is headed for the exit. “There is absolutely no truth to the rumors,” said a spokesperson for Condé Nast, which—like other print media outlets—has suffered declining ad pages and […]
Russia will not introduce politically correct terminology such as “parent #1” and “parent #2” any time soon, Putin told a constitutional reform working group on Thursday, as they discussed family values in Russia. As for ‘parent #1’ and ‘parent #2’, I have already publicly said it and I will repeat it once more: as long as I am president, we will not have parents #1 and […]