Hong Kong media tycoon Jimmy Lai jailed for unauthorised assembly

Hong Kong media tycoon Jimmy Lai will serve 12 months in prison for taking part in an unauthorised assembly during the 2019 mass pro-democracy protests in the Chinese-ruled financial hub. Hong Kong’s District Court Judge Amanda Woodcock gave Lai a 15-month sentence, reduced by three months in mitigation. Martin Lee, who helped launch the city’s… Read More Hong Kong media tycoon Jimmy Lai jailed for unauthorised assembly

Myanmar coup opposition announces formation of national unity government

Opponents of Myanmar’s junta announced a National Unity Government on Friday including ousted members of parliament and leaders of anti-coup protests and ethnic minorities, saying their aim was to root out military rule and restore democracy. Myanmar has been in violent turmoil since a February 1 coup that ousted a civilian government led by democracy… Read More Myanmar coup opposition announces formation of national unity government

Gunman fatally shoots eight before taking own life at FedEx facility in Indianapolis

A gunman shot eight people dead and injured several others at a FedEx facility in Indianapolis before taking his own life, police said early on Friday. The incident occurred at a FedEx operations center near the Indianapolis International airport, after 11pm local time on Thursday night. Indianapolis police spokeswoman Genae Cook said the authorities had… Read More Gunman fatally shoots eight before taking own life at FedEx facility in Indianapolis

Media company ABC names Kimberly Godwin as new president

CBS News executive Kimberly Godwin has been named president of Walt Disney Co’s ABC News, the media company said on Wednesday, becoming the first Black woman to lead the news division of a major broadcast television network. Godwin will join ABC News in early May, replacing James Goldston. In July, ABC News fired senior executive… Read More Media company ABC names Kimberly Godwin as new president

Cryptocurrency exchange Coinbase valued at $86billion in Nasdaq debut

Coinbase Global Inc was valued at $86 billion at the end of its Nasdaq debut on Wednesday, in a choppy day of trading when its valuation went as high as $112 billion. Coinbase’s stock market debut, done through a direct listing where no shares are sold ahead of the opening, marks another milestone in the… Read More Cryptocurrency exchange Coinbase valued at $86billion in Nasdaq debut

French top court upholds not-guilty ruling for Cardinal Philippe Barbarin in sexual abuse case

France’s highest court for civil cases, the Cour de Cassation, on Wednesday rejected an appeal against an earlier court ruling that had found Roman Catholic cardinal Philippe Barbarin not guilty of failing to report clerical sexual abuse. Last year, an appeals court overturned a 2019 ruling against Barbarin, who was convicted of failing to report… Read More French top court upholds not-guilty ruling for Cardinal Philippe Barbarin in sexual abuse case

Toshiba CEO Nobuaki Kurumatani announces resignation

Toshiba Corp CEO Nobuaki Kurumatani resigned on Wednesday amid controversy over a $20 billion buyout bid from CVC Capital Partners and the conglomerate’s shares surged on reports that KKR & Co and Brookfield are also planning offers. Satoshi Tsunakawa, who led the company before Kurumatani and until Wednesday was chairman, will once again assume the… Read More Toshiba CEO Nobuaki Kurumatani announces resignation