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"I have friends that say that TikTok Shop has ruined the app," Casey Lewis, a trends researcher, said. "It can be good — especially as TikTok moves to TikTok Shop — if they're able to capitalize on this shift and sell products more effectively to older users." Just because something is going viral on TikTok doesn't necessarily mean Gen Z is behind it. The same could be said of Gen Z, which would explain the generations' shared fascination with a time before smartphones and round-the-clock news. The Gen Z users I spoke with didn't seem particularly concerned about an influx of olds.
Persons: Keara Sullivan, Zers, Rushmore, Sullivan, Ryan Broderick, Adam Bumas, Broderick, TikTok, , Cory Doctorow, it's, Kevin Munger, Doctorow, Casey Lewis, Lewis hasn't, Gen Zers, Jonathan Gelfond, Taylor Lorenz, Lorenz, Munger, Gen Z, Lewis, Stanley, Alpha, Zers —, Gen Alpha, hasn't, millennials, Jason Parham, Leslie Horn Petersen, she's, Gen, didn't, I've, Emilie Friedlander Organizations: New, Pew Research Center, Facebook, Senate, Microsoft, Penn State, Little League, Business, QVC, UC Santa Barbara, The Washington Post, YouTube Locations: New York, tfym, millennials, Brooklyn, Philadelphia
Prince Harry was dealt a setback in his long-running legal campaign against Britain’s tabloids on Tuesday after a high court rejected a bid to draw Rupert Murdoch into allegations about how Mr. Murdoch’s London papers dug up personal details about him and later concealed or destroyed evidence of it. Justice Timothy Fancourt ruled that lawyers for Harry and about 40 other plaintiffs could not amend their complaint against News Group Newspapers, publisher of The Sun, to include Mr. Murdoch, the 93-year-old media mogul who controls the company, as well as other senior News Group executives. “There is a desire on the part of those running the litigation on the claimants’ side to shoot at ‘trophy’ targets, whether those are political issues or high-profile individuals,” Justice Fancourt declared in the 284-page ruling. “This cannot become an end in itself. That rules out allegations of actions targeted at his late mother, Diana, Princess of Wales, or his wife, Meghan.
Persons: Prince Harry, Rupert Murdoch, Murdoch’s, Timothy Fancourt, Harry, Murdoch, Fancourt, , Harry’s, Diana, Princess of Wales, Meghan Organizations: News Group Newspapers, The, News Group Locations: Murdoch’s London
"I've been a steadfast participant in this diet culture. AdvertisementIn 1988, Oprah Winfrey appeared on her show pulling a wagon full of fat, representing the 67 pounds she had lost in four months. Now, Winfrey told the audience that she wants to support them in their shift toward self-acceptance and healthier mindsets. Oprah Winfrey discussed her history with weight loss culture during the three-hour live stream from Weight Watchers. Shortly after, the Oscar winner helmed the ABC televised special "Shame, Blame and the Weight Loss Revolution," which saw her discuss the growing popularity of weight loss drugs such as Ozempic, Mounjaro, and Wegovy.
Persons: , Oprah Winfrey, Winfrey, I've, makeovers, We've, Sima Sistani Organizations: Service, Business, WW International, National Museum of, WeightWatchers, ABC
China was once a profit engine for GM, and its top sales market from 2010 to 2023. GM revealed several vehicles last week in China, including plug-in hybrid versions of its Buick GL8 minivan, a best-seller in China, and the Chevrolet Equinox crossover. "We think clearly that market has shifted and the landscape has shifted … with the capability of the Chinese [automakers]," Barra said. But it has had to aggressively cut prices to compete against Chinese automakers such ay BYD, Nio and others. Stellantis CEO Carlos Tavares earlier this year called Chinese automakers his company's "No.
Persons: Mary Barra, Jeff Kowalsky, we're, Barra, Paul Jacobson, GM wasn't, John Murphy, Michael Dunne, Dunne, Mark Fulthorpe, They'll, they've, Tesla, lockdowns, Elon Musk, Tingshu Wang, Reuters Tesla, Morgan Stanley, Adam Jonas, Musk, Junheng Li, Stellantis, Carlos Tavares, Zhu Jiangming, We've, We're, Ford, John Lawler, Lawler Organizations: General Motors Co, Bloomberg, Getty, General, GM, U.S, Chevrolet, SAIC, GM Pan, Asia Automotive Technology Center, Nurphoto, PSA Groupe, Chrysler, EVs, GM's, Buick, Wuling Motors, Motors, Bank of America Securities, China, Hummer, Durant Guild, America's, Detroit, P Global Mobility, Ford Motor, Tesla, Reuters, EV, Baidu, Warren Capital, Ford, Guangzhou Automobile Group, India & Asia, Lincoln, Lincoln Nautilus Locations: Detroit , Michigan, China, Barra, Beijing, Asia, Shanghai, Russia, India, Thailand, Australia, North America, South Korea, Brazil, Europe, GM's U.S, Qingdao, East China's Shandong, Indonesia, U.S, Nio, Greater China, South America
Myanmar’s Aung San Suu Kyi moved to house arrest
  + stars: | 2024-04-16 | by ( Story Reuters | ) edition.cnn.com   time to read: +2 min
Myanmar’s detained former leader and Nobel laureate Aung San Suu Kyi has been moved from prison to house arrest, a spokesperson for the military government told media. It was not immediately clear where Suu Kyi had been moved to. Suu Kyi has been detained by the Myanmar military since it overthrew her government in a 2021 coup. A spokesperson for the NUG shadow government called for the unconditional release of Suu Kyi and U Win Myint, Myanmar’s ousted president, who has also been moved to house arrest according to the media reports. They must take full responsibility for the health and security of Aung San Suu Kyi and U Win Myint,” spokesperson Kyaw Zaw told Reuters late on Tuesday.
Persons: Myanmar’s, Nobel, Aung, Suu Kyi, Zaw Min Tun, Min Tun, Kim Aris, Kyaw Zaw Organizations: Aung, Reuters Locations: heatstroke, Zaw, Myanmar
New York CNN —Boeing on Monday scrambled to address safety and quality concerns about its planes ahead of a whistleblower hearing in the Senate on Wednesday. Salehpour is set to be the key witness at a Wednesday hearing of the Senate permanent subcommittee on investigations. That has sparked investigations and allegations that some Boeing employees felt reluctant to raise questions about the safety of the planes they are building or inspecting for fear of retaliation. The average 787 does 600 flights a year, according to Chisholm, and the tests Boeing put the planes through simulated 165,000 flights. Boeing and the Federal Aviation Administration have admitted that some of the planes did have problems with the gaps between parts of the fuselages that were wider than the standards set by Boeing.
Persons: Sam Salehpour, Salehpour, , “ We’re, , Lisa Fahl, Steve Chisholm, Chisholm, we’re, Fahl Organizations: New, New York CNN, Boeing, Federal Aviation Administration, Alaska Airlines, Boeing Commercial Airplanes Locations: New York, Alaska
But the impression that Simpson’s all-consuming trial had on shaping the modern media environment cannot be overstated. Simpson’s trial gave way to a media landscape dominated by salacious reality television and talking head-driven cable news. It’s difficult to imagine Trump being elected to the White House without the three-legged stool that Simpson’s trial played a crucial role in building. Reality TV had started earlier, but after Simpson there was a massive profusion of ‘Reality TV,’” Socolow said in an email. “That’s how ‘The Apprentice’ gave Donald Trump a comeback in American culture, and he rode his reality TV stardom to the White House.”
Persons: New York CNN — O.J, Simpson, Donald Trump, Nicole Brown Simpson, Ronald Goldman, Simpson’s, Jeffrey Toobin, Nancy Grace, Greta Van Susteren, Dan Abrams, Harvey Levin, Gregg Jarrett, Al Cowlings, Allen J, Lance Ito’s, Robert Kardashian, Kardashian, Peter Jennings, Tom Brokaw, Andy Lack, , Michael Socolow, Rupert Murdoch, Socolow, , Ted Turner, Murdoch, Trump, “ Simpson, ” Socolow Organizations: New York CNN, National Football League, Patrol, Bronco, Los Angeles Times, CNN, Court TV, The New York Times, NBC, University of Maine Communications, Fox, Fox News, TV Locations: New York, Los Angeles, California, Brentwood, The, Australian
In the paid streaming wars, where only a few players will be favored, Disney has established itself as a formidable No. Disney has been pushing a lower-priced ad tier and cracking down on password sharing to drive subscriber growth at Disney+. To see what Disney and Hulu pay for certain jobs, Business Insider analyzed recent work-visa disclosures. Most of the roles were tech jobs, including data scientist and software engineer roles. Disney Streaming — $120,000 to $385,057 a yearDisney streaming roles, not including Hulu, Disney has offered between $120,000 and $385,057 a year to some candidates on US work visas.
Persons: Bob Iger, It's, Hulu, Elaine Low, Colin Salao Organizations: Disney, Netflix, ESPN, Star, Business, Netflix's, Hulu, Disney's, Fox Corp, Warner Bros, US, of Foreign Labor, Labor, Consumer, Software Engineering, Data Engineering, Business Intelligence, Software, Account, Growth, Hulu —, Management, Security, Network, Disney Entertainment, Disney Financial Services, Human Resources Services, Workforce Technology, Engineering, Disney Parks Technology, Technology, Digital, Retail Commerce, Disney Worldwide, Walt Disney Attractions Technology, Walt Disney Parks and Resorts, Walt Disney Pictures, & $ Locations: Hulu, Disney
Reuters —Israeli President Isaac Herzog attended the opening of the National Holocaust Museum in Amsterdam on Sunday amid pro-Palestinian protests demanding an immediate ceasefire in the Israel-Hamas conflict in Gaza. Human rights group Amnesty International put up detour signs around the museum to direct Herzog to the International Court of Justice (ICJ) in The Hague. Demonstrators protest against Israel's President Isaac Herzog attending the opening of the new National Holocaust Museum. Peter Djeong/APPeople protested with signs and Palestinian flags near the museum. The museum told media that it had invited Herzog before the Hamas attack and Israel’s subsequent offensive in Gaza.
Persons: Isaac Herzog, , Herzog, Peter Djeong, Mouneb, Erev, Herzog’s, , Israel, ” Herzog Organizations: Reuters, National Holocaust Museum, ” Health, Hamas, Amnesty, International Court of Justice, AP, Anadolu Agency, Getty, Palestinian Community, Socialists International, Court of, Israel, Labor Locations: Amsterdam, Israel, Gaza, The Hague, South Africa, Nazi Germany
Bloomberg has reported new details about what may have caused the Alaska Airlines door plug blowout. AdvertisementNew details have emerged regarding how the door plug on an Alaska Airlines Boeing 737 Max 9 blew off the jet mid-flight earlier this month. The investigation is focused on four bolts that hold the door plug in place. Boeing CEO says door plug installation will have inspections "at every turn"According to Boeing, 129 have been ungrounded as of midday on Wednesday. The agency has halted Boeing's 737 Max production expansion while it addresses quality control lapses.
Persons: Dave Calhoun, , Max, AeroSystems, Ingrid Barrentine, Justin Sullivan, Calhoun, We've, I've, Max fuselages Organizations: Bloomberg, Alaska Airlines, Boeing, Service, Alaska Airlines Boeing, Max, National Transportation Safety, Seattle Times, New York Times, US National Transportation, Business, NTSB, Federal Aviation Administration, BI, United Airlines, FAA Locations: Alaska, Renton , Washington, Renton, Wichita
Ambassador to the United Nations Nikki Haley visits a polling place as voters cast their votes in the New Hampshire presidential primary election in Hampton, New Hampshire, U.S., January 23, 2024. The relatively small sum raises new questions about whether Haley can finance a viable presidential primary campaign over the coming months. The super PAC entered the reporting period in July with around $17 million, but finished with a paltry $3.5 million war chest. Ken Griffin, the CEO of Citadel, gave $5 million to the super PAC in December, according to the FEC records. It was unclear, however, if the $5 million Griffin revealed late in January was the same $5 million the Haley PAC reported in December.
Persons: Nikki Haley, Haley, Donald Trump, Jan, Ken Griffin, Griffin, Griffin's, Ken Langone, David Tepper, Harold Hamm, Ben Kamisar, Bridget Bowman Organizations: U.S, United, New, Commission, SFA, Inc, PAC, SFA Fund, South, Trump, MAGA Inc, Citadel, CNBC, Haley, Haley PAC, Home, Carolina Panthers, NBC Locations: New Hampshire, Hampton , New Hampshire, U.S, South Carolina, Iowa
E. Jean Carroll said she wants to donate her defamation damages to "something Trump hates." Donald Trump hates a lot of things. AdvertisementE. Jean Carroll wants to spend her newfound riches in a meaningful way after a federal jury awarded her $83.3 million in her defamation trial against former President Donald Trump last week. "I'd like to give the money to something Donald Trump hates," Carroll told ABC News on Monday. "Perhaps a fund for the women who Donald Trump has sexually assaulted," Carroll told ABC News of her potential future donations.
Persons: Jean Carroll, Trump, Trump . Donald Trump, Carroll, , Donald Trump, defaming, he's, Timothy A, Clary, It's, Las Vegas , Nevada FREDERIC J . BROWN, RINOs Organizations: Trump ., Service, ABC News, ABC, The New York Times, Trump, Getty, Media, Business, The Washington Post, Journalists, Republican, Republican Jewish Coalition, Venetian Conference Center, Immigrants Locations: New Hampshire, AFP, America, Haiti, Norway, Mexico, Canada, California, New Jersey, New York, Las Vegas , Nevada, Washington
CNN —There is nothing subtle about the world’s largest cruise ship. The commotion brought traffic to a halt along the causeway to Miami Beach that parallels the cruise ship channel. Icon of the Seas’ list of superlatives and firsts is longFinding time to fit in everything onboard Icon of the Seas promises to keep passengers busy. A Royal Caribbean spokesperson said Icon of the Seas is 24% more energy efficient than required for ships designed today. Royal Caribbean International is clearly pitching Icon of the Seas to a market that goes beyond cruising.
Persons: Lionel Messi, , Hurricane Hunter, Oz, Bryan Comer, Comer, Colleen McDaniel, McDaniels, ” McDaniels, Michael Verdure, Rob Clabbers, Q, ” Clabbers, Wagyu, Michael Bayley, ” Bayley, Jay Schneider, Royal, , , ’ ” Schneider, Terry Ward Organizations: CNN, Port, Hurricane, Storm, Royal, The International Council, Clean Transportation, Royal Caribbean International, Cruise, CNN Travel, Seas, Star, Royal Caribbean Locations: Port of Miami, Turku, Finland, Miami Beach, Argentine, Miami, Eastern Caribbean, Sedona , Arizona, Royal Caribbean, Florida’s Port Canaveral, Orlando, Chicago, Izumi, Caribbean, Vegas, Florida, Tampa
Now, a new route opening up fast, direct access between two European countries will spin passengers back more than a century to the times of the Habsburg empire. It is thought that this is the first train from Milan to Ljubljana since the empire was dissolved in 1918. It’s also picking up the route of a night train from Budapest to Venice, which passed through Ljubljana, but finished in 2011. Since 2018, there has been a regional train from Trieste to Ljubljana, but train staff of the two operators switch at the border at Villa Opicina station. “Trieste and Ljubljana were first connected by train in 1857, when both cities were part of the Habsburg Empire.
Persons: we’ll, Stanley Tucci, Francesca Volpi, Slovenia’s, Habsburg, It’s, , It'll, , Giovanni Vale, Markus Mainka, Trenitalia Organizations: CNN, intel, Slovenian Railways, Bloomberg, Getty, Spanish Riding, Austro, Croatian Railways, South Railway Company, Deutsche Bahn Locations: Habsburg, Italy, Slovenia, Slovenian, Milano Centrale, Milan, Ljubljana, Venice, Trieste, Postojna, Skocjan, Budapest, Villa, Rijeka, “ Trieste, Vienna, Zagreb, Belgrade, Balkans, Switzerland, Germany, Austria, Munich
US Navy ships spent months intercepting the Houthi attacks and warning them to stop to no avail. CENTCOM said that it "conducted strikes on 14 Iran-backed Houthi missiles that were loaded to be fired in Houthi controlled areas in Yemen." In all of these cases, the US moved proactively, degrading Houthi forces, now redesignated as terrorists, by prioritizing striking first to neutralize missiles before they were launched. US Navy guided-missile destroyer USS Carney defeats a combination of Houthi missiles and drones in the Red Sea on October 19, 2023. The US, which had already been intercepting threats, took steps in mid-December to restore navigation in the area through coalition action, but Houthi attacks continued.
Persons: they're, Biden, , Joe Biden, Ansar Allah, ” Biden, , Yashar Ali 🐘, ince, aron L, egan, arn Organizations: US Navy, Service, US, Houthis Locations: Yemen, United States, essels
United’s goals, scored by Rasmus Hojlund and Marcus Rashford, were things of beauty at the start and end of the first half. Ratcliffe, the owner of petrochemicals giant INEOS, agreed last month to buy a minority stake in United and will take charge of United’s soccer operations. The deal requires Premier League approval, which Ratcliffe said Sunday he expects to come next month. “I have done a few exciting things," the British billionaire told media before kickoff, "but this caps it all. MISSED OPPORTUNITYAston Villa's players headed to Everton seeking a win to move level on points with league leader Liverpool, the team from just across Stanley Park.
Persons: Alex Ferguson, Jim Ratcliffe, Rasmus Hojlund, Marcus Rashford, , Rodrigo Bentancur, Andre Onana, James Maddison, Son Heung, Yves Bissouma, Ratcliffe, , , Ange Postecoglou, Timo Werner, Bentancur, Aston, Alex Moreno, Emiliano Martinez, Everton, ___ Steve Douglas Organizations: Manchester United, Tottenham, Premier League, United, England’s Champions, Spurs, Europe’s, ” Tottenham, Everton, Liverpool, Goodison, Villa, Manchester City Locations: Old Trafford, United, Germany, Stanley, Manchester, Villa
CNN —Rupert Murdoch is set to be deposed on Tuesday in voting technology company Smartmatic’s mammoth $2.7 billion election defamation lawsuit against Fox News, a person familiar with the matter told CNN. Murdoch founded Fox News and served as executive chairman of Fox Corporation, Fox News’ parent company, until earlier this month, when the 92-year-old media baron transitioned to chairman emeritus, crowning his son Lachlan as king of his media empire. A spokesperson for Fox Corporation declined to comment, though the company has consistently said it plans to vigorously fight the lawsuit. Smartmatic filed its lawsuit against Fox Corporation in 2021 after it was swept up in baseless conspiracy theories about the 2020 election. In April, Fox Corporation reached a historic $787 million settlement in a similar election lies case filed by another voting technology company, Dominion Voting Systems.
Persons: Rupert Murdoch, Murdoch, Lachlan, Smartmatic, Donald Trump, Organizations: CNN, Fox News, Reuters, Fox Corporation, New York State, , Dominion Voting Systems Locations: Los Angeles, New York
Speaking on an X Space on Friday, Santos said he had become the "Mary Magdalene" of Congress. AdvertisementRep. George Santos of New York on Friday compared himself to the biblical figure Mary Magdalene as he railed against colleagues in the House who want to expel him. "Within the ranks of the United States Congress there's felons galore," Santos told media personality Monica Matthews, who hosted the X Space. "There's people with all sorts of sheisty backgrounds and all of a sudden George Santos is the Mary Magdalene of United States Congress." AdvertisementDuring the X Space on Friday, Santos sought to channel anger and defiance, saying he welcomed the idea of being expelled.
Persons: George Santos, Santos, Mary Magdalene, , Monica Matthews, Jesus Christ, Michael Guest Organizations: Service, Hill, United States Congress, Republican, House, CNN Locations: George Santos of New York
Andrew Cuomo's former executive assistant is suing him for sexual harassment. The former New York governor faces allegations of forcible touching and unwelcome sexual advances. Andrew Cuomo, who accused him of groping her in late 2020, is suing the former governor under New York's Adult Survivors Act. AdvertisementCuomo has long denied Commisso's allegations, which were first made public in 2021. Commisso later revealed herself publicly as Executive Assistant #1 and told media outlets that she wanted Cuomo to be held accountable.
Persons: Andrew Cuomo's, , Andrew Cuomo, Brittany Commisso, Commisso, Eric Adams, Jamie Foxx, Axl Rose, Sean, Diddy, Combs, Cuomo, Rita Glavin, Commisso's, Glavin, Letitia James, James Organizations: New, Service, New York Gov, ASA, Business, Nassau Counties Locations: New York, Albany, Oswego , Albany , Westchester, Nassau
Sam Altman, CEO of OpenAI, attend the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. Talks are happening between Altman and at least one board member, Quora CEO Adam D'Angelo, the report said. Altman could return as a director on a transitional board and the talks also involve some investors of the artificial intelligence startup. But things appeared fluid, as Microsoft CEO Satya Nadella told media on Monday "irrespective of where Sam is, he's working with Microsoft" and that governance at OpenAI needed to change. Other than Quora's D'Angelo, OpenAI's four-person board consisted of Tasha McCauley, Helen Toner and OpenAI chief scientist Ilya Sutskever as of Friday.
Persons: Sam Altman, Carlos Barria, Altman, Adam D'Angelo, Greg Brockman, Satya Nadella, Sam, Brockman, Nadella, Emmett Shear, Quora's D'Angelo, OpenAI's, Tasha McCauley, Helen Toner, Ilya Sutskever, Akash Sriram, Chavi Mehta, Devika Syamnath, Arun Koyyur Organizations: OpenAI, Economic Cooperation, REUTERS, Microsoft, Bloomberg, CNBC, Reuters, Thomson Locations: Asia, San Francisco , California, U.S, OpenAI, Bengaluru
Nov 20 (Reuters) - At least one person was killed and three people were injured on Monday in a shooting at a Walmart store in Beavercreek, Ohio, WHIO television reported, citing its reporters on the scene, as witnesses told media a man opened fire with an assault rifle. Three patients from the shooting being treated at a nearby trauma center, a hospital spokesperson said. Beavercreek police said they responded to the shooting and that there was no was longer any threat to the public. The building was cleared and secured and "there is no active threat at this time," police said on the social media platform X, without releasing any details about possible casualties. Another witness on social media described the shooter as a "tall, young white guy" carrying an Army bag.
Persons: WHIO, Catherine Morris, We're, what's, Daniel Trotta, Gerry Doyle Organizations: Walmart, Dayton Daily, Soin, Kettering Health, Police, Thomson Locations: Beavercreek , Ohio, Dayton, Beavercreek, , Ohio
Russian and Ukrainian foces have been battling on the banks of the Dnipro river. A Ukrainian official said Russian forces had been pushed back around 3 to 5 miles. AdvertisementUkraine said it had pushed Russian forces back three to eight kilometers, or around 3 to 5 miles, from the banks of the Dnipro river, which, if confirmed, would be a major breakthrough in Ukraine's lagging counteroffensive. Ukrainian and Russian forces have been positioned on opposite sides of the river in Kherson after Russia retreated from the region's western part last year. "We need to be realistic about what can be achieved here," Franz-Stefan Gady, a military analyst who recently visited the front lines in Ukraine, told the WSJ.
Persons: , Natalia Gumenyuk, Gumenyuk, Vladimir Saldo, Oleksandr Kovalenko, Franz, Stefan Gady Organizations: Russian, Service, AFP, Reuters, Wall Street Journal Locations: Ukrainian, Dnipro, Ukraine, Russian, Kherson, Russia, Moscow
Which is stronger will tip the balance of the South American country's presidential election on Sunday and may reshape its diplomatic ties, economic future, and the wider region's political fault lines. 'NOT MY FIRST CHOICE'Neither Massa or Milei goes into the second round with a strong mandate. "For me, neither of them represents the hopes that I have for the future of the country. This would likely put a brake on more radical reforms and force Massa or Milei to moderate. The powerful regional governors are also split between the Peronists and the main conservative coalition, with none allied to Milei.
Persons: Javier Milei, Matias Baglietto, Sergio Massa, Massa, Donald Trump, Raquel Pampa, " Massa, Fernando Pedernera, Milei's, Mario Vargas Llosa, Milei, Nicolas Troitino, Valentina, Gonzalo, Benjamin Gedan, Wilson, Adam Jourdan, Horacio Soria, Rosalba O'Brien Organizations: Argentine, REUTERS, American, International Monetary Fund, Mercosur, Massa, Milei, America, Thomson Locations: Cordoba, Argentina, BUENOS AIRES, Buenos Aires, China, Brazil, Mexico, Spain, Chile, Colombia
Companies Denso Corp FollowTOKYO, Nov 15 (Reuters) - Japanese automotive supplier Denso (6902.T) aims to increase its revenue from electrification to 1.2 trillion yen ($7.97 billion) by the 2025 business year and 1.7 trillion yen by the turn of the decade, the company said on Wednesday. Denso aimed to grow its revenue from advanced-driver assistance systems (ADAS) to 520 billion yen by the 2025 business year and said it would further unwind cross-shareholdings, according to presentation materials. "As electrification centred on battery electric vehicles progresses from the 2025 business year onward, we want to reach 1.7 trillion yen by 2030 by expanding sales globally," he said. Denso has been ahead of other firms in actively reducing its cross-shareholdings, Matsui said, adding that none of the remaining holdings were off limits. Denso reiterated an October commitment to invest about 500 billion yen in semiconductors by 2030 and pledged to boost the number of workers in software to some 18,000 people by 2030, about 1.5 times of their current level.
Persons: Denso, Yasushi Matsui, Matsui, Daniel Leussink, Muralikumar Organizations: Denso, Thomson
WASHINGTON (AP) — The Washington Post has named veteran media executive Will Lewis to serve as its new CEO and publisher. In July, The New York Times reported that The Post is on track to lose about $100 million this year. Lewis is currently the founder, CEO and publisher of The News Movement, a social-first media business targeting a Gen Z audience. Political Cartoons View All 1234 Images"The Washington Post is a premier global media publisher of record, known for its 145-year-old history of unflinching journalism, and I am thrilled and humbled to be at its helm as both a media executive and former reporter,” Lewis said in a statement. Stonesifer was formerly chief executive of the Gates Foundation and a member of the Amazon board.
Persons: Will Lewis, Lewis, Lewis ’, Dow Jones, Patty Stonesifer, Fred Ryan, ” Lewis, Jeff Bezos, Will, ” Ryan, Donald Trump's, Stonesifer Organizations: WASHINGTON, Washington Post, Post, New York Times, The News, News Corp, London’s Daily Telegraph, Washington, Amazon, Politico, Gates Foundation Locations: United Kingdom
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