Pablo Martinez Monsivais/AP; SEBASTIEN BOZON/AFP via Getty Images Bezos’ yacht was moved from a Dutch shipyard before dawn Tuesday, likely to avoid local attention. After public outcry from locals, it did not involve the dismantling of a historic bridge. Watch Bezos’ yacht make its journey. Jeff Bezos’ megayacht has quietly left the Dutch shipyard where it was built, sans a bridge dismantling and crowds of spectators. The 417-foot vessel, known as Y721 and estimated to cost $500 million, has been… Source link
Read More »China continues to dismantle missing tycoon Xiao Jianhua’s financial empire
Rongtong Fund Management, which was once part of Xiao Jianhua‘s Tomorrow Group, has unveiled a management reshuffle, marking its official exit from the missing Chinese magnate’s embattled financial empire. Zhang Wei was named Rongtong’s chairman on Friday, taking over from Gao Feng who resigned citing personal reasons after seven years in the position, according to a statement issued by the asset management firm. Zhang is also the chairman of New Times Securities, which owns Rongtung, and was… Source link
Read More »‘White people need to take responsibility’ to dismantle white supremacy, say Ben & Jerry’s founders
After last week’s chaos in the U.S. Capitol, Ben & Jerry’s issued a statement, that called the violence a “riot to uphold white supremacy.” “We must dismantle white supremacy and we have to understand that this is a white problem,” Ben & Jerry’s Ice Cream co-founder Ben Cohen told Yahoo Finance. “This is not a Black problem. This is a problem of us.” Cohen and co-founder Jerry Greenfield said white people need to “take responsibility” to change the country that treats… Source link
Read More »What is Section 230, the controversial internet law Trump wants to dismantle?
On Wednesday, Google (GOOG, GOOGL) CEO Sundar Pichai, Facebook (FB) CEO Mark Zuckerberg, and Twitter (TWTR) CEO Jack Dorsey testified before the Senate Commerce Committee on Section 230 of the Communications Decency Act, which gives websites that host user-generated content broad protection from legal liability for content posted on their sites. “From our perspective, Section 230 does two basic things. First, it encourages free expression, which is fundamentally important,” Zuckerberg… Source link
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