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Bezos accuses Enquirer of ‘blackmail’ over intimate photos

8Feb By AnkitaNo Comments

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Bezos accuses Enquirer of ‘blackmail’ over intimate photos

Amazon CEO Jeff Bezos on Thursday accused the publisher of the National Enquirer of "blackmail" after it threatened to publish intimate photographs sent by the billionaire to his mistress if he did not cease an investigation into the newspaper's alleged links with Saudi Arabia. It comes after the tabloid last month reported Bezos was in a relationship with former news anchor and entertainment reporter Lauren Sanchez having accessed private text messages. In a post on blogging platform Medium Thursday, Bezos said Enquirer publisher American Media Inc (AMI), led by David Pecker, approached him with a threat to publish the photos if he did not halt an investigation into the motives behind that leak. He added the publication demanded he and security consultant Gavin de Becker, who is ...

$137 Million Lost, Bitcoin Founder died without revealing the Password

6Feb By AnkitaNo Comments

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$137 Million Lost, Bitcoin Founder died without revealing the Password

A Canadian cryptocurrency exchange was granted bankruptcy protection on Monday after its president took passwords for accounts containing 180 million Canadian dollar (USD 137 million) to his grave when he died suddenly. Nova Scotia's high court granted the application made by Cotten's widow Jennifer Robertson on behalf of the company, which has also stopped currency trading on its platform. Quadriga CX had announced mid-January that Cotten died of complications from Crohn's disease on December 9 while volunteering at an orphanage in India. He was 30. The company also released full detail about court order on its website. https://pixr8.com/usa/playboy-introduces-cryptocurrency-wallet-for-its-online-platforms/ In an affidavit, Robertson said the company has been unable to a...

5Feb By NitishNo Comments

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Vice Media Lay off 10% Workforce

Vice Media plans to cut 250 jobs about 10 percent of its total workforce. When contacted by Pixr8 News, a Vice spokesperson confirmed the story but declined to comment further. This comes after a brutal couple of weeks in the media business, as companies began the year with major cuts. BuzzFeed is trimming its staff by 15 percent. Verizon Media Group (which owns TechCrunch) laid off 10 percent of its workforce. And traditional media wasn’t immune, with Gannett eliminating as many as 400 jobs. Alongside the broader industry issues, Vice has had a tumultuous year of its own. Reporting by The New York Times at the end of 2017 led to the departure of multiple executives. Nancy Dubuc, previously the chief executive at A+E Networks, rep...

Amazon and Flipkart pull down 400k products after a new Indian Law

1Feb By AnkitaNo Comments

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Amazon and Flipkart pull down 400k products after a new Indian Law

After a new e-commerce regulation implemented by the Indian government to protect its domestic retail stores, the US-based leading e-commerce companies Amazon and Flipkart pull down an estimated 400,000 products in India. The new regulation for e-commerce businesses which was first announced at the end of 2018 imposes a ban on exclusive sales, prevents retailers from selling products on platforms they count as investors and applies restrictions on discounts and cashback promotions. Flipkart, owned by Walmart following a $16 billion investment pull as many as one-quarter of its products in order to comply with the rule. Amazon estimated to have pulled as many as 400,000 products from sale in India. Initially, Flipkart and Amazon have applied for three-month relaxation to the ne...

Sri Lanka Banned Johnson & Johnson Baby Powder due to Cancer-causing Asbestos

1Feb By AdityaNo Comments

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Sri Lanka Banned Johnson & Johnson Baby Powder due to Cancer-causing Asbestos

Sri Lanka banned Johnson & Johnson Baby Powder until the company proves its product is free from cancer-causing asbestos, as per the report in media. The pending stocks of the product in Sri Lanka can still be sold, but there will be no new imports of the talc. Earlier in december, U.S. drugs and consumer products group knew for decades that asbestos lurked in its Baby Powder, leading to tests in several countries, including in India. The report was based on thousands of pages of company memos, internal reports, and other confidential documents. J&J has described this news as a “one-sided, false, and inflammatory”. Kamal Jayasinghe, chief executive of Sri Lanka’s National Medicine Regulatory Authority (NMRA), which is part of the health ministry, said it had informed ...

Facebook Beats Wall Street Profit Estimates, Shares Shoots up After 2018 Q4 Results

31Jan By reutersNo Comments

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Facebook Beats Wall Street Profit Estimates, Shares Shoots up After 2018 Q4 Results

Facebook Inc easily beat Wall Street’s profit estimates, soothing investor concerns that increased spending on the privacy of its users would blunt growth. The world’s largest online social media network has pledged to invest heavily in the privacy and security of its users after scandals over improperly shared data and propaganda hurt its image and made it the target of political scrutiny across the globe. Facebook shares rose nearly 12 percent to $168.20 after the bell. They closed up 4.3 percent in regular trading. Net income rose to $6.88 billion, or $2.38 per share, in the fourth quarter, up from $4.27 billion, or $1.44 per share, a year earlier. Analysts on average had expected earnings of $2.19 per share, according to IBES data from Refinitiv. Total fourth-quarter revenu...

Intel Names Robert Bob Swan as a New CEO

31Jan By NitishNo Comments

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Intel Names Robert Bob Swan as a New CEO

SANTA CLARA, Calif., Jan. 31, 2019 – Intel Corporation announced Robert (Bob) Swan as a new chief executive officer. Swan, who has been serving as Intel’s interim CEO for seven months and as chief financial officer since 2016, is the seventh CEO in Intel’s 50-year history. Swan has also been elected to Intel’s board of directors. Todd Underwood, vice president of Finance and director of Intel’s Corporate Planning and Reporting, will assume the role of interim chief financial officer as the company undertakes an internal and external search for a permanent CFO. “As Intel continues to transform its business to capture more of a large and expanding opportunity that includes the data center, artificial intelligence and autonomous driving, while continuing to get value from the PC busines...

BlinQ to launch Luxury E-Commerce into SE Asia

29Jan By AdityaNo Comments

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BlinQ to launch Luxury E-Commerce into SE Asia

SINGAPORE- Seasoned entrepreneur Bob Chua is back with his latest venture BlinQ, focussed on Asia’s booming luxury fashion e-commerce space. After two successful Big Data exits and an IPO on the London Stock Exchange, Chua aims to capture what he believes is a hugely untapped market. The personal luxury market is currently estimated to be $300bn and will grow to $500bn by 2020. Close to 44% deriving from Asia according to McKinsey’s global fashion report. “BlinQ uses AR and Algorithmic patterns to provide users with the latest trends and personalised fittings from their digital devices. It also allows users to choose how they would like to consume fashion, which may not necessarily be to buy, but to also rent, subscribe, or pay later for latest luxury designs from major and upcoming...

Google Release Updated Version of My Business app

27Jan By PriyankaNo Comments

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Google Release Updated Version of My Business app

Google has released an updated version of its "My Business" app to allow users to share the service-areas and information about their business via Maps and Search, increasing their chances to be discovered. Google's "My Business" is a free tool for businesses and organisations, created to help them manage their online presence across Google. "With this update, we hope to better connect you with potential customers in your service areas so consumers get the services they need and you find new customers," Tom Pritchard, Product Lead, My Business. Since service areas vary from business to business, to make information accurate, users could also configure their service areas by adding specific postal codes or cities they cover. "Taking into account the changes every business goes t...

Zuckerberg to integrate WhatsApp, Instagram and Facebook Messenger

27Jan By PriyankaNo Comments

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Zuckerberg to integrate WhatsApp, Instagram and Facebook Messenger

As per the report, Facebook Inc Chief Executive Mark Zuckerberg is planning to unify the underlying messaging infrastructure of the WhatsApp, Instagram and Facebook Messenger services and incorporate end-to-end encryption into these apps. The three services will, however, continue as stand-alone apps, the report said, citing four people involved in the effort. Facebook said it is working on adding end-to-end encryption, which protects messages from being viewed by anyone except the participants in a conversation, to more of its messaging products, and considering ways to make it easier for users to connect across networks. "There is a lot of discussion and debate as we begin the long process of figuring out all the details of how this will work," a spokesperson said. After the ...

Saurav Banerjee and Devneet Bajaj Joining as a Venture Partners in Kalaari Capital

27Jan By PriyankaNo Comments

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Saurav Banerjee and Devneet Bajaj Joining as a Venture Partners in Kalaari Capital

India based business investment firm Kalaari Capital today announced that Saurav Banerjee and Devneet Bajaj have joined the firm as Venture Partners. Saurav, a Chartered Accountant, and Harvard Business School alumnus, was previously the Co-CEO of NDTV and brings with him two decades of experience in the media industry. Dev Bajaj, in his previous role, was the founder of M.I.T.R.A., one of India's largest Agri-tech startup's building smart machines for horticulture, which was strategically backed by Mahindra & Mahindra. He is a former private equity executive and an INSEAD alumni. In November last year, Sreedhar Prasad, a former KPMG executive, joined the firm as a venture partner. Vani Kola, Managing Director, Kalaari Capital, described the appointments as strategic additio...

WhatsApp Business crosses 5 million users mark

24Jan By PriyankaNo Comments

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WhatsApp Business crosses 5 million users mark

WhatsApp said over five million enterprises globally are using its 'Business' app to connect with their customers within a year of launch. "In January of last year, we launched the WhatsApp Business app, and now there are more than five million businesses using it to support customers, grow their businesses and serve their communities all over the world," WhatsApp said in a blogpost. It cited the example of Bengaluru-based eyewear brand Glassic which has seen 30 per cent of its new sales being generated through WhatsApp Business. India is home to over 200 million WhatsApp users. It has about 1.5 billion users globally. Using the business app, SMEs can help customers with useful information such as business description, e-mail, store addresses and website. легкий займ иркутскза...