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PwC Australia Tax Scandal’s Impact on Firm Governance: Explained
PwC Australia Tax Scandal’s Impact on Firm Governance: Explained
(Bloomberg Law) -- The Australian arm of PricewaterhouseCoopers has pledged to boost its corporate governance controls in response to firm-commissioned
2023-10-02 03:01
Mark Zuckerberg accused of hypocrisy for shielding his children’s faces in 4th of July Instagram post
Mark Zuckerberg accused of hypocrisy for shielding his children’s faces in 4th of July Instagram post
Mark Zuckerberg is being criticised by some for perceived hypocrisy, after the Facebook co-founder posted a 4th of July photo of his family but obscured the faces of his daughters. To celebrate Independence Day, the tech billionaire posted on one of the tech platforms he oversees, Instagram, sharing a photo of himself, his wife Priscilla Chan, and their three daughters, Aurelia, Maxima, and August. “Happy July 4th!” the caption on the post reads. “Lots to be grateful for this year. As the big girls get older, I love talking to them about why America is so great. Looking forward to discussing with little Aurelia soon too.” The post was met with mixed reactions, with some arguing it was hypocritical for Zuckerberg to seek to protect the privacy of his children, when Facebook and Instagram have been accused of violating people’s privacy in the past. One of the top comments on the photo came from an Instagram user who argued, “Even Zuck doesn’t trust his platforms to put his kids faces up.” Many agreed. As Shanon Palus wrote in Slate, “I almost feel some schadenfreude imagining Zuckerberg also agonizing over being public or private on social media. After all, he got us into this mess!” “Fascinated by Zuck’s choice to not have his kids’ faces on his social media platform,” added Bloomberg reporter Reyhan Harmanci in a post on Twitter. Zuckerberg companies have faced multiple high-profile settlements surrounding privacy in recent months. In May, the Federal Trade Commission accused Facebook of violating a 2020 order and misleading parents about their ability to control whom their children communicated with on the Messenger Kids app, as well as misrepresenting what kind of access developers had to private user data. “Facebook has repeatedly violated its privacy promises,” Samuel Levine, director of the FTC’s Bureau of Consumer Protection, told The Associated Press at the time. “The company’s recklessness has put young users at risk, and Facebook needs to answer for its failures.” Meta has said the FTC is incorrect and it will “vigorously fight” the allegations. That same month, the European Union fined Meta $1.3bn for transferring user data to the US, which the body said didn’t sufficiently protect users from US spy agencies. Meta has said it will appeal the fine. In 2022, the company paid $725m to settle a lawsuit alleging Facebook allowed millions of users’ personal data to be fed without consent to Cambridge Analytica, a firm which supported Donald Trump’s 2016 presidential campaign. Prior to that, the FTC fined the company $5bn for privacy violations and mishandling user data. The Independent has contacted Meta for comment. Read More Twitter threatens legal action against Meta over new ‘Threads’ app Mark Zuckerberg trolls Elon Musk by posting Spider-Man meme on Twitter after launching rival Threads What is Threads? All your questions about Meta's new Twitter rival, answered. Twitter threatens legal action against Meta over new ‘Threads’ app What is Threads? All your questions about Meta's new Twitter rival, answered. Mark Zuckerberg trolls Elon Musk with Spider-Man meme after launching Twitter rival
2023-07-07 08:33
Lilly to build $2.5 billion diabetes drug plant in Germany
Lilly to build $2.5 billion diabetes drug plant in Germany
By Klaus Lauer and Ludwig Burger Eli Lilly will build its first plant in Germany for 2.3 billion
2023-11-17 21:45
Trump adviser brands VP-hopeful Kari Lake a ‘shameless, ruthless demagogue’
Trump adviser brands VP-hopeful Kari Lake a ‘shameless, ruthless demagogue’
Just days after failed Arizona gubernatorial candidate Kari Lake said she was considering a Senate run, Donald Trump’s advisers revealed that the former president has become disenchanted with her in recent months. Ms Lake announced on Saturday that she was weighing a Senate run, despite repeatedly losing legal challenges to her election loss. “Politics is gross. It’s a slimy business, but I think we need real people to be in it. And so I am contemplating running for office again,” she told Breitbart. According to The Daily Beast, the former president specifically found Ms Lake’s attempts to get attention distasteful. “She’s a shameless, ruthless demagogue who wants power and will do whatever she has to do to get it,” a Trump adviser told the publication. Ms Lake has tried to position herself as a potential contender to become Mr Trump’s pick for vice president—a tactic the former president also apparently did not appreciate. The former president doesn’t like how Ms Lake is “running around saying she should be VP,” an adviser told the outlet. “Tells you all you need to know that he did not make her his national spokeswoman,” they added. “She was an obvious choice.” Another adviser told The Daily Beast that the former president “sees through her gambit for the vice presidency.” An operative close to the Trump campaign also chimed in, telling the outlet: “I think she is an effective surrogate, but I’m not sure she will be a VP pick,” also suggesting that the Arizona Republican could serve as the former president’s press secretary if elected again. Despite the criticisms coming from Mr Trump’s orbit, a spokesperson for Ms Lake told the publication that the rumors were “pathetic attempts from Team DeSantis.” “MAGA world is more United [sic] than ever and ready to win big in 2024,” the spokesperson said. In June, reports emerged that the Arizona Republican was “couch-surfing” at Mr Trump’s Mar-a-Lago home. “Kari Lake is there all the time,” a source told PEOPLE Magazine. “There’s a suite there that she practically lives in.” Ms Lake’s adviser responded to the news, telling The Independent: “This is a ridiculous story from a gossip tabloid that frankly we thought went out of business in the early 2000’s. Kari Lake often speaks at events all over the country in support of America First candidates and organizations; and when she does have the honor of being invited to speak at the beautiful Mar-a-Lago, she overnights at Hilton properties in Palm Beach with her loving husband of 25 years.” Read More Arizona election denier Kari Lake ‘couch-surfing like a bum’ at Mar-a-Lago, ex-Trump lawyer says Arizona Republican election official sues Kari Lake for defamation ‘This will escalate’: Kari Lake called out over incendiary threat to Biden admin after Trump indictment
2023-07-06 23:39
Dalrada Reports 54.3% Revenue Increase and Positive Net Equity in Annual 10-K
Dalrada Reports 54.3% Revenue Increase and Positive Net Equity in Annual 10-K
SAN DIEGO--(BUSINESS WIRE)--Oct 19, 2023--
2023-10-20 03:34
Russia hits Ukrainian grain depots again as a foreign ship tries out Kyiv's new Black Sea corridor
Russia hits Ukrainian grain depots again as a foreign ship tries out Kyiv's new Black Sea corridor
Officials say Russia has resumed its targeting of grain infrastructure in Ukraine’s southern Odesa region, using drones in overnight strikes on storage facilities and ports along the Danube River
2023-08-16 17:49
BoC's Macklem says it's far too early to think about interest rates
BoC's Macklem says it's far too early to think about interest rates
SAO PAULO Bank of Canada Governor Tiff Macklem reiterated on Friday it is far too early to be
2023-05-20 05:22
The rarely-discounted Sonos Move portable speaker is $100 off for Labor Day
The rarely-discounted Sonos Move portable speaker is $100 off for Labor Day
SAVE $100.74: Looking for a Sonos Labor Day deal? The Sonos Move is on sale
2023-09-02 17:00
US Capital Area Braces for Economic Hit From Government Shutdown
US Capital Area Braces for Economic Hit From Government Shutdown
The Washington, DC region is bracing for disruption to the local economy when federal funding lapses at midnight
2023-09-29 22:00
WNBA Playoffs: 3 keys to Game 3 between the Connecticut Sun and Minnesota Lynx
WNBA Playoffs: 3 keys to Game 3 between the Connecticut Sun and Minnesota Lynx
Sunday afternoon the Minnesota Lynx tied the series 1-1 behind Kayla McBride's (28 points) and Napheesa Collier's (26 points) monster performance. Now the question is what are the keys for Wednesday's Game 3.
2023-09-19 07:50
Dorset men in court over alleged tree investment fraud
Dorset men in court over alleged tree investment fraud
The men are accused of fraudulently promising returns on a forestry scheme in Costa Rica.
2023-06-28 21:16
RBI Approves Ashok Vaswani as Kotak Mahindra Bank’s CEO
RBI Approves Ashok Vaswani as Kotak Mahindra Bank’s CEO
Kotak Mahindra Bank Ltd. said India’s central bank has approved the appointment of Ashok Vaswani as its next
2023-10-21 17:51