Author: i2wtc

Kakao founder Kim Bum-soo was arrested in Seoul, South Korea, on Tuesday. It may not mean much to Westerners, but it’s the bizarre story of how a self-made tech billionaire with a reputation for being the butt of a scandal-ridden K-pop agency came to ruin.Kim, also known as Brian, is accused of manipulating SM Entertainment’s share price in a high-profile bidding war. Kim’s biggest rival in the bidding war is Hybe, the K-pop label best known for BTS. Prosecutors indicted Kakao’s chief investment officer, Bae Jae-hyun, on similar charges last year. Kim denies any wrongdoing.A little background: Kakao is best…

Ajinkya Naik was sworn in as the new president of the Mumbai Cricket Association on Tuesday, defeating his rival Sanjay Naik by a huge margin of 107 votes.Ajinkwa, the incumbent MCA general secretary, recorded a lopsided victory by a landslide victory of 221-114.Backed by veteran politician and former BCCI and ICC president Sharad Pawar, the 37-year-old Ajinkya becomes the youngest president in the history of the MCA.His opponent, Sanjay, is the current vice-president of the MCA and is backed by the Ashish Sherar Group, a BJP leader who is also the treasurer of the BCCI. The election process, which began…

Former cricketer Basit Ali has strongly reacted to India’s reported reluctance to travel to Pakistan for the ICC Champions Trophy 2025. Taking to his YouTube channel, Basit criticised other international cricket boards for aligning themselves with the Board of Control for Cricket in India (BCCI).”5-6 Bode Joe Haina Dam Hirate Huye Wo Bad Karenge Joe Jay Shah Borenge. [There are 5-6 board who will wag their tails and listen to Jay Shah says]” he said on his channel.Also Read | India vs Nepal Live Score Women’s Asia Cup 2024 The former cricketer further said that if Jay Shah wants to…

The Chinese Communist Party (CCP) concluded the Third Plenary Session of its 20th Party Congress on July 18. Held at the highly secured Military Conference Hotel on the western outskirts of Beijing, the meeting concluded with a ceremonial appearance by top leader Xi Jinping. Called the Third Plenary Session because it is the party’s third meeting in a five-year cycle, it will address economic policy, the results of which will be scrutinised by both party officials and global corporations. The Chinese Communist Party (CCP) concluded the Third Plenary Session of its 20th Party Congress on July 18. Held at the…

Ah, Lady Gaga. The opposite of casual dress, the woman whose mere presence is a performance. And this week, she’s playing the part of “regular person.” Lady Gaga arrived in Paris on Monday, July 22, looking uncharacteristically understated, and throughout the day she embraced the dad hat trend twice and wore dark sunglasses. (Gaga is rumored to be performing at the 2024 Olympics opening ceremony on July 26.) variety) Of course, even in casual clothing, she looked high fashion.Lady Gaga downplayed her bold style by wearing a dad cap.(Image credit: Getty Images) Naadam organic cotton baseball hat Linda Farrow Lfl1425/1…

Pakistan’s Sindh province extends summer holidays as charities suspect nine heatstroke deaths in Hyderabad KARACHI: Pakistan’s southern province of Sindh, which has been hit by scorching heat for months, has extended summer vacations in educational institutions until August 14, the provincial education department said on Tuesday, after a Pakistani charity reported nine suspected heatstroke deaths.Pakistan has been hit by several heatwaves since May, with temperatures reaching above 52°C (125.6°F) in Sindh province, according to the Pakistan Meteorological Department (PMD).The province has received less rainfall this year than other parts of Pakistan, and residents have complained of higher humidity and hotter…

Artur Widak/NurPhoto/Shutterstock.comTech and artificial intelligence (AI) stocks have been volatile following recent comments from former president and Republican presidential candidate Donald Trump about raising tariffs on China and his stance on Taiwan (which, in an interview with Bloomberg, he said accounts for “about 100 percent of our semiconductor business”).Check it out: Social Security: How much is Senator Lindsey Graham’s Social Security benefit?Read next: 6 Unusual Ways to Make Extra Money (That Actually Work)As Wedbush Securities analyst Dan Ives said in a statement afterward, the tech stock selloff was “brutal” and Trump’s comments “sparked panic in the Streets over semiconductors, AI…

Key Takeaways Johnson Controls International has sold its residential and light commercial HVAC business to Bosch for a total of $8.1 billion.Johnson Controls will receive $6.7 billion from the deal, which includes a joint venture with Hitachi in which it holds a 60% stake.CEO George Oliver said the sale was part of Johnson Controls’ effort to become a simpler, faster-growing company. Johnson Controls International (JCI) has sold its residential and light commercial HVAC business to Germany-based engineering and technology company Bosch for a total consideration of $8.1 billion. The deal includes Johnson Controls’ North American ductwork business and a global…

CNN — New Jersey Democratic Sen. Bob Menendez plans to resign from Congress on Aug. 20, according to multiple sources familiar with the plans. Menendez was convicted in July on 16 charges, including bribery, extortion, wire fraud, obstruction of justice and acting as a foreign agent, for his role in a years-long bribery scheme. Tuesday’s events were a key moment in the New Jersey senator’s dramatic political downfall and will likely bring to an end a scandal-plagued term in the Senate. Menendez had been facing growing pressure from within his own party to resign or face the threat of expulsion…

An assassination attempt. A historic Supreme Court decision. A former president convicted of multiple felonies. A shocking debate performance. And an abandoned plan for a second presidential term.While American politics has had little of a sense of normalcy in recent years, the past few weeks have seen an unrelenting series of events that have brought new uncertainty to the political landscape.Washington Post reporters fanned out across the country to ask Americans how they view this moment in the nation’s history. Their responses have been edited for length and clarity.”Oh my goodness! No he didn’t!”The text messages came so fast I…