Tech tycoon, defense attorney, and Morgan Stanley banker among those missing in freak yacht sinking
Read full article: Tech tycoon, defense attorney, and Morgan Stanley banker among those missing in freak yacht sinkingA superyacht that sank off the Sicilian coast during a storm left six passengers missing, including British tech kingpin Mike Lynch and his daughter Hannah.
Who is Mike Lynch? A look at the British tech tycoon killed when his yacht sank off Sicily
Read full article: Who is Mike Lynch? A look at the British tech tycoon killed when his yacht sank off SicilyTech tycoon Mike Lynch, who died after his yacht sank off Sicily, had been trying to move past a Silicon Valley debacle that had tarnished his legacy as an icon of British ingenuity.
British tech magnate Mike Lynch acquitted of fraud charges in $11 billion deal with Hewlett Packard
Read full article: British tech magnate Mike Lynch acquitted of fraud charges in $11 billion deal with Hewlett PackardBritish tech magnate Mike Lynch has been cleared of charges alleging he orchestrated a fraud and conspiracy leading up to an $11 billion deal that turned into a costly albatross for Silicon Valley pioneer Hewlett Packard.
Former British tech star depicted as scam artist, visionary in trial about HP's disastrous 2011 deal
Read full article: Former British tech star depicted as scam artist, visionary in trial about HP's disastrous 2011 dealFederal prosecutors have painted one-time British tech star Mike Lynch as the ruthless mastermind of an $11 billion deal that defrauded Silicon Valley pioneer Hewlett Packard.
US senator urges Kenyan president to aid peaceful transition
Read full article: US senator urges Kenyan president to aid peaceful transitionA visiting U.S. senator says he has encouraged Kenya’s outgoing president to participate in a “peaceful transition of power” amid the latest election crisis in East Africa’s most stable democracy.
GM expands board to 13 with Meg Whitman and NBA's Mark Tatum
Read full article: GM expands board to 13 with Meg Whitman and NBA's Mark TatumGeneral Motors expanded its board of directors to 13, appointing former Hewlett-Packard chief Whitman and NBA executive Mark Tatum effective Thursday, March 25, 2021. Seven of GMs directors are now women, including board chair and Chief Executive Officer Mary Barra, who in 2014 became the first woman to lead a major U.S. automaker. (AP Photo/Richard Drew, File)DETROIT – General Motors said Thursday that it has expanded its board to 13 members and appointed former Hewlett-Packard chief Meg Whitman and NBA executive Mark Tatum as directors. There has been an acknowledgment in the U.S. and abroad that white men are overrepresented on the boards of major corporations. Women hold 43.8% of the board seats at companies in France’s 40 biggest publicly traded companies, the U.K. panel said.
Short-video app Quibi shutting down just months after launch
Read full article: Short-video app Quibi shutting down just months after launchShort-video app Quibi said it is shutting down just six months after its early April launch, having struggled to find customers. Being stuck at home made TV more desirable than watching on a phone, and Quibi only later and slowly rolled out TV options. "Likely for one of two reasons: because the idea itself wasn’t strong enough to justify a standalone streaming service or because of our timing,” Katzenberg and Whitman wrote. Mobile research firm Sensor Tower estimates 9.6 million installations of Quibi’s mobile app since its launch; that doesn't mean those are actually users. Other streaming services have benefited from having customers stuck at home during the pandemic.
Guilfoyle's loud RNC speech makes her the comics' favorite
Read full article: Guilfoyle's loud RNC speech makes her the comics' favoriteStephen Colbert mimicked poking his head out from under a table after playing a clip of Guilfoyle on CBS' Late Show." I'm glad we already have kids, because I think I was sterilized by that.He called Guilfoyle a vengeful banshee who will haunt your dreams.On The Daily Show, Trevor Noah said Guilfoyle's speech was so loud that Canada called the cops. I want to wish a speedy recovery for anyone who watched the convention on headphones, he said. MSNBC's Morning Joe ran portions of her speech side-by-side with Dwight Schrute's classic award acceptance speech in The Office.Somewhere, Kimmel was taking notes. That stands in contrast to Colbert, who is doing the Late Show live for the two weeks of the convention.
Democrats make it official, nominate Biden to take on Trump
Read full article: Democrats make it official, nominate Biden to take on TrumpAnd Bidens supporters consistently report that theyre motivated more by opposition to Trump than excitement about Biden, a lifelong politician who would be the oldest president ever elected. That deficit could hurt turnout among less consistent voters, particularly minorities and younger voters, whom Biden needs to show up in great numbers this fall. He will formally accept the Democratic presidential nomination inside a mostly empty Delaware convention hall on Thursday. Kerry, 76, was the Democratic presidential nominee back in 2004 when the youngest voters this fall were still in diapers. Meanwhile, Trump continued to court battleground voters in an effort to distract from Bidens convention.
Dems put divides aside, rally behind Biden at convention
Read full article: Dems put divides aside, rally behind Biden at conventionIn this combination image from video, former first lady Michelle Obama, Sen. Bernie Sanders, I-Vt., and former Republican Ohio Gov. John Kasich speak during the first night of the Democratic National Convention on Monday, Aug. 17, 2020. But it was an opportunity for Democrats and some Republicans to rally behind Biden, the party's presidential nominee. Trump sought to undermine the Democrats' big night by hosting a political rally in Wisconsin, where Biden's party had originally planned this week's convention. The Republican president made two swing-state campaign appearances on Monday, first in Minnesota and then in Wisconsin, which was to be the location for the Democrats' convention before the coronavirus outbreak.
Nomination surprises: 'The Mandalorian,' Quibi get Emmy love
Read full article: Nomination surprises: 'The Mandalorian,' Quibi get Emmy loveThe program was nominated for an Emmy Award for outstanding drama series on Tuesday, July 28, 2020. (Disney Plus via AP)NEW YORK The Emmy Award nominations announced Tuesday included some snubs and surprises. But it also earned Disney+ a nod for guest actor in a drama series for Giancarlo Esposito and a spot in the best drama race. AIRING JORDANMichael Jordan proved his competitive pull once more as the ESPN documentary The Last Dance earned three Emmy nominations. Homeland over its run has won eight Emmy awards for outstanding drama series, writing, editing and casting, among the trophies.
Hollywood-backed Quibi thinks you'll pay for its video bites
Read full article: Hollywood-backed Quibi thinks you'll pay for its video bitesThe company behind this billion-dollar bet is Quibi (KWIH-bee), which is preparing to offer movies, shows and other short form video designed for viewing in short bursts on mobile devices. Company executives argued at CES that Quibi will offer the first entertainment platform designed exclusively for the phone. “'Paid premium short form' (video) has never been in the same sentence. Quibi executives at the CES gadget show in Las Vegas showed off technology on Wednesday designed to make video viewing on the phone easier. For instance, it will let you watch full-screen video whether you hold the phone upright or sideways.
CES gadget show: How watching TV will change in the 2020s
Read full article: CES gadget show: How watching TV will change in the 2020sNEW YORK, NY – What will watching TV be like in the 2020s? CES, formerly known as the Consumer Electronics Show, starts Sunday in Las Vegas with two days of media previews. At the 2015 show, satellite TV company Dish announced a cheaper, cable-like package of TV channels delivered over the internet and intended for cord-cutters . Apple launched its own streaming service in November, while Quibi promises phone-friendly viewing, with former Disney studios chief Jeffrey Katzenberg behind the effort. Or will they flock to free services like Tubi, even if they lack original movies and TV shows?
Quibi adds '60 Minutes' to growing roster of news partnerships
Read full article: Quibi adds '60 Minutes' to growing roster of news partnershipsLOS ANGELES, Calif. - "60 Minutes" is the latest big name news brand to partner up with Quibi -- the upcoming and much-discussed short-form streaming service from Hollywood and Silicon Valley giants Jeffrey Katzenberg and Meg Whitman. CBS News and Quibi on Tuesday announced a licensing agreement that will bring a new news show called "60 in 6" to the streaming service. Each episode of the weekly series will be six minutes in length and will include a "wide range of compelling stories," according to the network. The new ESPN Quibi show will feature "daily episodes and breaking news covering the biggest stories in sports," the network said Monday. Quibi, which stands for "Quick Bites," will offer videos that are 10 minutes or less in length and created for viewing on mobile phones.
Short clips, big risk: Startup wants to turn streaming on its head
Read full article: Short clips, big risk: Startup wants to turn streaming on its headIt's entering a market that's already overrun by short-form content from the likes of YouTube, Instagram and Snapchat, which is mostly free of cost. "I'm not sure we have much historic evidence that a younger demo is willing to pay much for short-form mobile video," Hare said. Katzenberg and Whitman are also taking a big risk releasing Quibi in the middle of the streaming wars. But, according to Whitman, Quibi isn't here to compete with Netflix, Disney+ or HBO Max. "If this becomes the must-have content service for the mobile generation, that would be a game changer."