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☆ Biden to ban U.S. sales of Kaspersky software over ties to Russia, source says
▼ + stars: | 2024-06-20 | by ( ) www.cnbc.com time to read: +4 min

Kaspersky Internet Security software is seen at the store in Krakow, Poland on December 30, 2021. A spokesperson for the Commerce Department declined to comment, while Kaspersky Lab and the Russian Embassy did not respond to requests for comment. Previously, Kaspersky has said that it is a privately managed company with no ties to the Russian government. The new restrictions on inbound sales of Kaspersky software, which will also bar downloads of software updates, resales and licensing of the product, kick in on Sept. 29, 100 days after publication, to give businesses time to find alternatives. If it only adds the Russian entity, the impact will be largely reputational.

Persons: Biden, Trump, Kaspersky, Donald Trump Organizations: Commerce Department, Russian Embassy, Biden, Department of Homeland Security, Kyiv, U.S, Reuters, Piaggio, Qatar Olympic Committee Locations: Krakow, Poland, United States, U.S, Russian, Moscow, Ukraine, Russia, China, New U.S, Massachusetts, Spain

☆ Famed Italian dealmaker and Piaggio CEO Colaninno dies
▼ + stars: | 2023-08-19 | by ( Crispian Balmer | ) www.reuters.com time to read: +3 min

Roberto Colaninno attends the celebrations for the 50th anniversary of the Vespa Primavera scooter at the Piaggio Museum in Pontedera, Italy, April 19, 2018. REUTERS/ Alessandro Bianchi/File Photo Acquire Licensing RightsROME, Aug 19 (Reuters) - Entrepreneur Roberto Colaninno, chairman and CEO of scooter maker Piaggio and one of Italy's best-known dealmakers, has died, his investment company IMMSI said on Saturday. He is most famous for his surprise $58 billion leveraged buyout of Telecom Italia (TLIT.MI) in 1999, at the time the world's largest hostile takeover. In 2003, after his efforts to take over carmaker Fiat were rebuffed, he turned his attention to Piaggio, maker of the Vespa scooter, which had fallen on hard times. Colaninno ditched the firm's loss-making computer unit and focused on the telephone business - which he subsequently used as a vehicle to launch the Telecom Italia bid.

Persons: Roberto Colaninno, Alessandro Bianchi, IMMSI, Colaninno, Carlo De Benedetti, De Benedetti, Olivetti, Matteo, Michele, Oretta, Crispian Balmer, David Holmes Organizations: Primavera, Piaggio Museum, REUTERS, Rights, Piaggio, Telecom Italia, Pirelli, Fiat, Alitalia, Thomson Locations: Pontedera, Italy, Asia, India, China, Vietnam, Fiamm, Europe

☆ Roberto Colaninno, CEO of scooter maker Piaggio, dies at 80
▼ + stars: | 2023-08-19 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +1 min

New York CNN —Roberto Colaninno, the CEO and chairman of vehicle manufacturer Piaggio, died on Friday. Colaninno’s investment firm, Immsi SpA, announced his death Saturday morning in a news release but did not provide additional details. Colaninno began his business career as the CEO of Italian auto parts maker Fiaam before establishing his own components manufacturer, Sogefi, in the early 1980s. Colaninno was forced to leave Telecom Italia in 2001, and his investors sold the company. But over the next few years, he acquired investment company Immsi SpA and Piaggo, which manufactures Vespa scooters.

Persons: New York CNN — Roberto Colaninno, Colaninno, Italy’s, Leonardo Organizations: New, New York CNN, Piaggio, Immsi SpA, Olivetti, Telecom Italia Locations: New York, Western, Piaggo, Vietnam, India

☆ Gold’s Gym owner was on plane with 5 others when it crashed off Costa Rica
▼ + stars: | 2022-10-25 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

SAN JOSE, Costa Rica — The RSG Group of gym outlets, including Gold’s Gym and McFit, confirmed Monday that founder and CEO Rainer Schaller, family and friends were aboard a small plane that disappeared from radar just off Costa Rica’s Caribbean coast. “We are shocked, stunned, and full of grief about this tragic accident,” the RSG statement read. Costa Rican authorities said pieces of the twin-engine turboprop aircraft were found in the water Saturday, after the flight went missing Friday. Schaller was in the news in 2010 for his role as organizer of the Berlin Love Parade techno festival. Schaller fought back against the accusations of wrongdoing, noting that his security concept received official city approval.

☆ German business owner behind Gold’s Gym among 6 feared dead in small plane crash off Costa Rica
▼ + stars: | 2022-10-23 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

SAN JOSE, Costa Rica — Six people, apparently including the German businessman behind Gold’s Gym, were feared dead Saturday after a small plane crashed into the Caribbean just off the Costa Rican coast. All five passengers were believed to be German citizens, Security Minister Jorge Torres said. A flight plan filed for the small, charter plane listed Rainer Schaller as a passenger. A man by the same name runs international chains of fitness and gym outlets, including Gold’s Gym and McFit. Costa Rica's Coast Guard personnel unload debris found during the search for a small plane that crashed off the coast in Limon on Oct. 22, 2022.

☆ Wreckage of missing airplane carrying German fitness mogul Rainer Schaller reportedly found off the coast of Costa Rica
▼ + stars: | 2022-10-22 | by ( Bethany Biron | ) www.businessinsider.com time to read: +2 min

Wreckage of a plane reportedly carrying German business mogul Rainer Schaller was found off the coast of Costa Rica. "Twenty-eight kilometers from the Limón airport, in the Caribbean Sea, wreckage was located that apparently indicates that it is the aircraft. At the moment we have not located any bodies or people alive," Costa Rican Vice Minister of Public Security Martin Arias said. Schaller is the founder and CEO of RSG Group, which owns McFit, John Reed, and Gold's Gym fitness studios around the world. He bought Gold's Gym after the company filed for bankruptcy in 2020 as part of a $100 million deal.

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