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With Alibaba stake cut, SoftBank's Son cools toward China tech

With Alibaba stake cut, SoftBank’s Son cools toward China tech

A journalist raises her hand to ask a question to Japan’s SoftBank Group Corp Chief Executive Masayoshi Son during a news conference in Tokyo, Japan, November 5, 2018. REUTERS/Kim Kyung-Hoon/File Photo Register now for FREE unlimited access to Reuters.com Register TOKYO, Aug 12 (Reuters) – SoftBank Group Corp’s (9984.T) decision to sell down its Alibaba …

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A man made millions unlocking T-Mobile phones with stolen passwords

A man made millions unlocking T-Mobile phones with stolen passwords

A jury has found Argishti Khudaverdyan, a former owner of a T-Mobile store, guilty of using stolen credentials to unlock “hundreds of thousands of cellphones” from August 2014 to June 2019 (via PCMag). According to a press release from the Department of Justice and an indictment filed earlier this year, Khudaverdyan made around $25 million …

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Sacramento man arrested after multi-day armed robbery crime spree; woman also arrested

Sacramento man arrested after multi-day armed robbery crime spree; woman also arrested

A 39-year-old Sacramento man has been arrested in connection with a string of early morning armed robberies at businesses in Sacramento County last week that at one point involved a stolen car. A woman was also arrested in connection with the crime spree.The first robbery happened around 5 a.m. July 25 when the suspect, John …

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EXCLUSIVE Luxembourg banks told to freeze Ecuador assets amid Perenco dispute, documents show

EXCLUSIVE Luxembourg banks told to freeze Ecuador assets amid Perenco dispute, documents show

Bailiff orders 122 banking entities operating in Luxembourg to freeze Ecuador assets Ecuador issued Luxembourg-listed bonds in 2020 debt overhaul Some bondholders have received interest payments due July 31 LONDON, Aug 1 (Reuters) – A Luxembourg bailiff has ordered banks to freeze assets held by Ecuador in Luxembourg accounts as a result of a dispute …

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An American man flew from Costa Rica to Miami just to retrieve his stranded bag, which he says had thousands of dollars of drone gear in it

An American man flew from Costa Rica to Miami just to retrieve his stranded bag, which he says had thousands of dollars of drone gear in it

Robert Gentel took matters into his own hands to retrieve his luggage, which he says contained thousands of dollars of drone equipment, in June.Robert Gentel Robert Gentel flew from Costa Rica to Miami just to retrieve his stranded luggage. The bag got stuck in Miami after his flight was canceled in June. The aviation industry …

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Exclusive: Cassava Sciences faces U.S. criminal probe tied to Alzheimer's drug, sources say

Exclusive: Cassava Sciences faces U.S. criminal probe tied to Alzheimer’s drug, sources say

WASHINGTON, July 27 (Reuters) – The U.S. Justice Department has opened a criminal investigation into Cassava Sciences Inc (SAVA.O) involving whether the biotech company manipulated research results for its experimental Alzheimer’s drug, two people familiar with the inquiry said. The Justice Department personnel conducting the investigation into Austin, Texas-based Cassava specialize in examining whether companies …

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U.S. SEC votes to undo Trump-era curbs on shareholder advisers

U.S. SEC votes to undo Trump-era curbs on shareholder advisers

WASHINGTON, July 13 (Reuters) – The U.S. securities regulator voted on Wednesday to rescind rules introduced under former President Donald Trump that critics said impeded the independence of firms that advise investors on how to vote in corporate elections. The move is the latest installment in a long-running battle over how to regulate proxy advisers …

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Twitter sues Elon Musk to hold him to $44 billion deal

Twitter sues Elon Musk to hold him to $44 billion deal

WILMINGTON, Del., July 12 (Reuters) – Twitter Inc (TWTR.N) sued Elon Musk on Tuesday for violating his $44 billion deal to buy the social media platform and asked a Delaware court to order the world’s richest person to complete the merger at the agreed $54.20 per Twitter share. “Musk apparently believes that he – unlike …

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Man turns down $10,000 to give up airplane seat

Man turns down $10,000 to give up airplane seat

CASCADE TOWNSHIP, Mich. (WOOD) — Ten thousand dollars to miss an airline flight? That’s what some passengers flying Delta Airlines out of the Gerald R. Ford International Airport say they were offered earlier this week. “I think the airlines are doing everything they can to make it a good experience. But $10,000 is a lot,” …

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U.S. Supreme Court again nixes Bayer challenge to weedkiller suits

U.S. Supreme Court again nixes Bayer challenge to weedkiller suits

WASHINGTON, June 27 (Reuters) – The U.S. Supreme Court on Monday rejected another Bayer AG (BAYGn.DE) bid to dismiss litigation alleging that its Roundup weedkiller causes cancer as the German pharmaceutical and chemical giant tries to avoid potentially billions of dollars in damages. The justices turned away a Bayer appeal and left in place a …

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