Mark Walter‘s TWG Global blasted what it called “multipronged attacks” against the holding company and its subsidiaries, and said “despite what has been reported, there has been no fraud” at those companies. TWG also said it “is not looking to sell its sports assets at ‘fire sale’ prices to raise capital for its insurance operations.”…
People walk through the Steve Jobs Theater prior to an event at the Apple Park campus in Cupertino, California, on September 12, 2023. Nic Coury | AFP | Getty Images Apple announced on Wednesday that it is holding a launch event at its headquarters in Cupertino, California on Sept. 9. Invites sent to the media…
The Federal Reserve, the U.S. Senate, the Department of Justice, NASA, and other federal agencies were victims of computer intrusion by a Chinese state-sponsored hacking group, the DOJ said on Wednesday morning as it announced the seizure of online domains used for hacking platforms. The hacking platforms, known as “QScan and QTRouter,” were “used to…
Bill Gates speaks with Reuters during an interview in New York City, U.S., May 8, 2025. Mike Segar | Reuters There is “no plan” for the “social, political, and economic upheaval” AI is about to cause, Bill Gates has warned. The Microsoft co-founder said that AI could become either the “greatest equalizer ever invented, or…
Meta and coalition of state attorneys general have settled a major federal trial centering on allegations that the social media giant misrepresented the extent of child-related mental health harms caused by apps like Facebook and Instagram. The settlement was revealed a court filing released Wednesday that details several requirements Meta must make to its apps…
The company flag flies in front of Boston Scientific Headquarters in Natick, Massachusetts. JB Reed | Bloomberg | Getty Images Boston Scientific said Wednesday it was hit with a cyberattack this week that is affecting its operations. The disclosure sent shares of the $72 billion medical device maker lower. The attack is disrupting Boston Scientific’s…
A “For Sale” sign outside of a home in Marana, Arizona, US, on Wednesday, Aug. 5, 2026. Rebecca Noble | Bloomberg | Getty Images Mortgage interest rates moved even higher last week, causing demand for loans to weaken yet again. Total mortgage application volume dropped 1% from the previous week, according to the Mortgage Bankers…
A hand-drawn poster advertising the film “Niu Lai”, which translates to “Here Comes the Cow”, is seen at a cinema in Beijing on August 21, 2026. “Niu Lai”, a low-budget Chinese animated film that was widely mocked for its crude visuals became a viral hit, with people packing cinemas to see just how bad it…
People dine in a Haidilao hot pot restaurant in a shopping mall complex in Beijing on March 13, 2025. One of China’s biggest restaurant chains has promised to refund thousands of customers after footage of a patron urinating into a simmering hotpot went viral online, triggering a public outcry. The clip, filmed last month, appeared…
Iranian Foreign Minister Abbas Araghchi (2nd L), Iranian parliament speaker Mohammad Bagher Ghalibaf (2nd R), and Omani Foreign Minister Badr bin Hamad Al Busaidi (R) walk inside a building in Muscat, Oman, on June 22, 2026. Hamed Malekpour | AFP | Getty Images Iran and Oman are approaching a deal to secure safe transit through…
