Business, Financial & Legal News - Page 68

All the latest Business, Financial & Legal news as it relates to tech, gaming, and science - Page 68.

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CD Projekt securities lawsuit moves forward, damages still unspecified

Derek Strickland | Jun 29, 2021 3:47 PM CDT

CD Projekt Group's securities fraud lawsuit is moving forward and the company has received official claims from plaintiff's representation.

CD Projekt securities lawsuit moves forward, damages still unspecified

CD Projekt Group is getting sued in a class-action lawsuit that alleges securities fraud. Shareholders allege that CD Projekt purposefully withheld Cyberpunk 2077's controversial performance on PS4 and Xbox One, which led to a significant controversy that plummeted stocks. Investor losses from the stock dive are the catalyst for the securities fraud claims.

Now CD Projekt says it has received a copy of the claims made by the plaintiffs. Four securities fraud lawsuits have been filed, but the cases have been combined into one case in order to expediate the process.

Continue reading: CD Projekt securities lawsuit moves forward, damages still unspecified (full post)

North Korea state TV drop bombshell comment about Kim Jong-un's health

Jak Connor | Jun 29, 2021 3:03 AM CDT

In recent images and videos of Kim Jong-un, it appears the leader has slimmed down, but according to the country's state television, he is "emaciated".

North Korea state TV drop bombshell comment about Kim Jong-un's health

For those that don't know, "emaciated" defines as 'abnormally thin or weak, especially because of illness or a lack of food.' The state television is forbidden to comment on the leader's personal live, which suggests that the comment was pre-planned. If the comment made in a report by KCTV was pre-planned, it would seem that Kim Jong-un has dropped the weight and the comment to show his devotion to his nation that is currently suffering from food shortages on top of an apparent economic struggle.

Here's what a resident of the capital that remained anonymous said in the KCTV report, "Seeing our respected general secretary looking emaciated breaks our people's hearts the most. Everyone is talking about how their tears welled up immediately." It seems that the drop in weight by the leader is an effort to portray that he is just like the struggling people living in the streets of his country, who are, by his own admission, experiencing a "tense" food situation.

Continue reading: North Korea state TV drop bombshell comment about Kim Jong-un's health (full post)

AdBlock glitch wipes content from major sites: Twitter, Amazon, others

Anthony Garreffa | Jun 28, 2021 7:20 PM CDT

If you're an AdBlock or AdBlock Plus user then you might have noticed something weird going on with your web browsing experience over the last few days.

AdBlock glitch wipes content from major sites: Twitter, Amazon, others

AdBlock and AdBlock Plus users have had the content of major websites wiped from their web browser, with these sites including the likes of Twitter, Amazon, Wikipedia, and others. The company has said that the problem "has already been fixed" without detailing exactly what happened.

It is definitely an interesting "error" to happen, so maybe it was a trial run for something AdBlock has planned for the future. Or maybe it was just one of those niggly bugs, that happens to wipe content from users' web browsers for some of the latest websites on the internet.

Continue reading: AdBlock glitch wipes content from major sites: Twitter, Amazon, others (full post)

John McAfee mentioned Jeffrey Epstein months before his own 'suicide'

Anthony Garreffa | Jun 24, 2021 9:11 PM CDT

John McAfee reportedly took his own life in his prison cell in Spain, very similar to how Jeffrey Epstein took his own life in his prison cell in New York.

John McAfee mentioned Jeffrey Epstein months before his own 'suicide'

If you aren't a "conspiracy theorist" or don't read these topics in the media, they've probably gone over your head -- if they have, then I would suggest diving into this if you are of a curious mind. Those that are, might have noticed that McAfee has been talking about Epstein for years since his "suicide" and now McAfee's "suicide".

If we follow the white rabbit, there's a tweet from McAfee from December 1, 2019 at the top of the post -- where he said: "Getting subtle messages from U.S. officials saying, in effect: "We're coming for you McAfee! We're going to kill yourself". I got a tattoo today just in case. If I suicide myself, I didn't. I was whackd. Check my right arm".

Continue reading: John McAfee mentioned Jeffrey Epstein months before his own 'suicide' (full post)

John McAfee's Instagram account deleted minutes after Qanon post

Anthony Garreffa | Jun 24, 2021 7:17 PM CDT

John McAfee reportedly committed suicide while in jail on June 23, moments later his Instagram account had a new post with a simple image and a single letter: Q.

John McAfee's Instagram account deleted minutes after Qanon post

But then not long after the post about Q hit his Instagram account, McAfee's Instagram account was deleted. Facebook-owned Instagram, who definitely isn't biased and has nothing to hide, has not responded to requests from Business Insider for comment (and we're totally not surprised).

Instagram did tell Business Insider that it was "looking into" the post, as we don't know who is operating McAfee's Instagram account. It could be anyone, hell it's probably President Trump or James Woods, whoever it is has definitely started pushing back.

Continue reading: John McAfee's Instagram account deleted minutes after Qanon post (full post)

Warren Buffett steps away from the Bill and Melinda Gates Foundation

Anthony Garreffa | Jun 23, 2021 7:00 PM CDT

Warren Buffett has announced that he will be stepping down as a trustee from the Bill and Melinda Gates Foundation, saying that he has been an "inactive trustee" for years.

Warren Buffett steps away from the Bill and Melinda Gates Foundation

In his comments with the annual contribution of Berkshire Hathaway shares to five foundations, Buffett said: "For years I have been a trustee - an inactive trustee at that - of only one recipient of my funds, the Bill and Melinda Gates Foundation. I am now resigning from that post, just as I have done at all corporate boards other than Berkshire's".

The news couldn't come at a worse time: Bill and Melinda Gates just announced their divorce, Jeffrey "I didn't kill myself" Epstein possibly blamed for their divorce, and now Warren Buffett distances himself from the Bill and Melinda Gates Foundation.

Continue reading: Warren Buffett steps away from the Bill and Melinda Gates Foundation (full post)

John McAfee's social media team posts 'Q' on his Instagram account

Anthony Garreffa | Jun 23, 2021 4:47 PM CDT

So by now, you've probably heard that John McAfee has died -- by suicide according to authorities, but minutes after the news went worldwide his Instagram account posted an image of the letter "Q".

John McAfee's social media team posts 'Q' on his Instagram account

Why the letter Q? Well, one of the largest "conspiracy theories" of all time is Qanon -- and McAfee was no stranger of controversy, so this should come as no surprise. Q hasn't posted since earlier this year when President Biden began assuming his role, but the media has used the Qanon boogeyman ever since... and now out of nowhere, McAfee is dead and his Instagram account posts "Q" minutes after.

If you're not into Qanon at all -- it can be reduced into a high level team of people in the government with Q level clearance. They've been posting "drops" since 2017 on 4chan, and have gone radio silent since December 9, 2020. Since then, Q has been silent -- even through President Trump stepping out of the White House, and President Biden assuming office.

Continue reading: John McAfee's social media team posts 'Q' on his Instagram account (full post)

John McAfee dead: discovered in his jail cell, suicide blamed

Anthony Garreffa | Jun 23, 2021 3:28 PM CDT

John McAfee is dead.

John McAfee dead: discovered in his jail cell, suicide blamed

The Antivirus creator was found dead in his prison cell in Barcelona, Spain -- with local authorities stating that McAfee took his own life through suicide.

McAfee had just had the Spanish high court to extradite him to the US, after he was arrested in October 2020. McAfee said during the recent extradition hearings that the accusations the media have said about him were politically motivated, with the IRS pressing charges against him through to his 2020 US presidential run with the Libertarian Party.

Continue reading: John McAfee dead: discovered in his jail cell, suicide blamed (full post)

Microsoft employees slept in data centers during pandemic lockdown

Anthony Garreffa | Jun 17, 2021 10:22 PM CDT

Microsoft employees that were required for the most urgent tasks in their data centers were sleeping in the data centers during the peak of the pandemic.

Microsoft employees slept in data centers during pandemic lockdown

In a recent in chat with Morgan Stanley analysts Josh Baer and Mark Carlucci Kristen Roby Dimlow, corporate vice president for total rewards, performance and human resources business insights at Microsoft said: "I heard amazing stories about people actually sleeping in data centers".

Dimlow added: "In certain countries there was huge lockdown, and so we would have our own employees choose to sleep in the data center because they were worried they'd get stuck at a roadblock, trying to go home".

Continue reading: Microsoft employees slept in data centers during pandemic lockdown (full post)

Intel rumored to acquire fabless semiconductor SiFive for $2 billion

Anthony Garreffa | Jun 14, 2021 11:34 PM CDT

Intel is reportedly eyeing off acquiring semiconductor startup SiFive, with Bloomberg reporting that Intel has offered over $2 billion to acquire SiFive.

Intel rumored to acquire fabless semiconductor SiFive for $2 billion

The site is reporting from anonymous sources "asking not to be identified because the matter is private", but that SiFive has "received takeover offers from multiple parties other than Intel" according to the source, who added that SiFive "has also fielded offers for an investment, which could be a preferable route".

SiFive raised funds back in 2020, where it was valued at around $500 million -- so it is a nice upgrade for the company to be fielding $2 billion acquisition offers just a year later. If you're not familiar with SiFive, the semiconductor startup designs chips based o the RISC-V architecture -- an open-source standard for semiconductor design that makes it much cheaper, and much more open to customers wanting to build chips.

Continue reading: Intel rumored to acquire fabless semiconductor SiFive for $2 billion (full post)