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NEW YORK, Jan 31, 2024 (AFP) – A judge in the US state of Delaware voided the $56 billion compensation package of Tesla chief executive Elon Musk on Tuesday, siding with a shareholder who claimed the entrepreneur was overpaid. The judge in Delaware Chancery Court ruled that the plaintiff, a Tesla shareholder named Richard Tornetta, was “entitled to rescission,” approving the annulment of Musk’s 2018 humongous compensation agreement worth as much as $55.8 billion. Judge […]
By Andrew Caballero-Reynolds with Danny Kemp in Washington JUPITER, United States, Jan 30, 2024 (AFP) – US President Joe Biden said Tuesday he had decided on a response to a drone strike that killed three American troops in Jordan, while insisting he did not want a wider war in the Middle East. Facing growing pressure in a US election year, Biden said he held Iran responsible for supplying the weapons to the people who carried […]
By Gregory WALTON NEW YORK, Jan 26, 2024 (AFP) – A jury in New York ordered former US president and 2024 candidate Donald Trump on Friday to pay $83.3 million to compensate the writer E. Jean Carroll whom he was found to have sexually assaulted and defamed. The civil order, which prompted an audible gasp in the federal court, far exceeds the more than $10 million in damages for defamation that Carroll had sought. Trump […]
BANGKOK, Jan 26, 2024 (AFP) – China’s top diplomat Wang Yi will discuss Taiwan with US National Security Advisor Jake Sullivan during talks in Thailand this week, Beijing said Friday, as the two powers seek to improve relations after years of tensions. Beijing and Washington have clashed in recent years on flashpoint issues from technology and trade to human rights, as well as over the self-ruled island and competing claims in the South China Sea. […]
By Issam AHMED WASHINGTON, Jan 26, 2024 (AFP) – NASA’s Ingenuity Mars helicopter, which made history by achieving the first powered flight on another world, has officially ended its nearly three-year mission after sustaining rotor damage during its last outing, the space agency said Thursday. The tissue-box sized aircraft, which hitched a ride to the Red Planet under the belly of the Perseverance rover, first lifted off the surface on April 19, 2021. Originally intended […]
By Jamal al-Jabiri SANAA, Jan 24, 2024 (AFP) – Yemen’s Huthis fired three missiles at two merchant ships in the Red Sea on Wednesday in their latest attack in the commercially vital waterway, the White House and the Iran-backed rebels said. It came after the Huthis vowed to keep up their attacks despite repeated US and British strikes against them. One missile missed its target and a US Navy destroyer shot down the other two, […]
By Léon BRUNEAU WASHINGTON, Jan 25, 2024 (AFP) – Long gone is the Joe Biden of February 2023, strolling confidently through the streets of Kyiv, basking in the role as champion of the Ukrainian cause in the fight against Vladimir Putin’s Russia. Nearly one year after that triumphant appearance, the US president is instead facing the harsh realities of running for re-election while bogged down in one stagnant war and navigating the volatility of another, […]
By Frankie Taggart with Danny Kemp in Washington MANCHESTER, United States, Jan 24, 2024 (AFP) – Get ready for round two: Donald Trump is set to face off with President Joe Biden for the White House once again after winning the New Hampshire primary, promising 10 months of extraordinary tension and bitterness. The only remaining challenger for the Republican presidential nomination, Nikki Haley, vowed to fight on — but her defeat on Tuesday left her […]
HANOI, Jan 23, 2024 (AFP) – Vietnamese internet firm VNG has withdrawn its registration for an initial public offering in the United States, according to a company statement. Last year, the Ho Chi Minh City-based company said it aimed to sell nearly 22 million shares in the IPO and had plans to expand into Southeast Asia, the Middle East and Latin America. “The Company has determined not to conduct a registered offering at this time […]
By Paula Ramon and Andrew Marszal in Park City, Utah LOS ANGELES, Jan 23, 2024 (AFP) – “Oppenheimer” — Christopher Nolan’s masterly portrait of the father of the atomic bomb — dominated the Oscar nominations Tuesday, earning an impressive 13 nods including for best picture. It was followed by “Poor Things,” a female-focused take on the Frankenstein myth, on 11, and Martin Scorsese’s “Killers of the Flower Moon” on 10, in the race for Hollywood’s […]
LOS ANGELES, Jan 23, 2024 (AFP) – League of Legends maker Riot Games said Monday it will cut around 530 jobs worldwide, describing the layoffs as “a necessity.” The layoffs at Riot — owned by Chinese tech giant Tencent — follow a turbulent year for the gaming industry, with job cuts at major firms including Electronic Arts and Ubisoft. Riot has developed global hits including League of Legends and Valorant, but said it had launched […]
By Huw GRIFFITH LOS ANGELES, Jan 23, 2024 (AFP) – The Los Angeles Times said Tuesday it laying off more than a fifth of its journalists, in another example of how news media in the United States and around the world are struggling to cope with the disruptions of the internet age. The announcement came as staff at the Conde Nast group, which publishes Vanity Fair and Vogue, took strike action over looming job cuts, […]
