DIRS.INFO The most relevant business & tech news

In this article HJPM Follow your favorite stocks CREATE FREE ACCOUNTA mugshot of Jeffrey Epstein released by the U.S. Justice Department. The subpoenas demand communications and documents related to the bank and Epstein, The Journal noted. The bank earlier this month sued former JPMorgan investment banking chief Jes Staley, claiming he is responsible for the suits related to Epstein. A lawyer for the Virgin Islands earlier this month said in court that Dimon knew in 2008 that Epstein was a sex trafficker. That was the year that Epstein first was hit with sex crime charges in state court in Florida.

☆ Google founder Sergey Brin and three others to get subpoenas in JPMorgan Epstein lawsuit
▼ + stars: | 2023-03-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoogle founder Sergey Brin and three others to get subpoenas in JPMorgan Epstein lawsuitGoogle founder Sergey Brin and three other billionaires are set to be served with subpoenas in the JPMorgan Epstein lawsuit. CNBC's Eamon Javers has the details.

☆ Four bankers who helped Putin’s friend set up Swiss bank account convicted
▼ + stars: | 2023-03-30 | by ( ) edition.cnn.com time to read: +4 min

Four bankers who helped a close friend of Russian President Vladimir Putin move millions of dollars through Swiss bank accounts have been convicted of failing to perform due diligence in financial transactions. The executives — three Russians and one Swiss — helped Roldugin, who is godfather to Putin’s eldest daughter, Maria, deposit millions of francs in Swiss bank accounts between 2014 and 2016. The men, who cannot be identified under Swiss reporting restrictions, were found guilty at a hearing at Zurich District Court and were given fines totaling 741,000 Swiss francs ($809,000). Red flagsFurther investigations should have been conducted because of the amount of assets involved, which was more than 10 million Swiss francs ($11 million), the judge said. Sums of around 30 million Swiss francs ($31.84 million) were involved in the case, Hoffmann told an earlier hearing.

☆ Four bankers who helped Putin's friend set up Swiss bank account convicted
▼ + stars: | 2023-03-30 | by ( ) www.reuters.com time to read: 1 min

ZURICH, March 30 (Reuters) - Four bankers who helped a close friend of Vladimir Putin move millions of francs through Swiss bank accounts have been convicted of lacking diligence in financial transactions. The four were found guilty on Thursday of helping Sergey Roldugin, a concert cellist who has been dubbed "Putin's wallet" by the Swiss government. The executives - three Russians and one Swiss - helped Roldugin, who is godfather to Putin's eldest daughter Maria, deposit millions of francs in Swiss bank accounts between 2014 and 2016. The men, who cannot be identified under Swiss reporting restrictions, were found guilty at a hearing at Zurich District Court and were given suspended fines. Reporting by John Revill Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin reclaims $28,000, and FDIC gives deadline for Signature's crypto clients: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Sergey Nazarov, the co-founder of Chainlink, weighs in on sentiment among blockchain developers amid the current crypto environment.

☆ An accused Russian spy boasted that infiltrating the US was easy. He's now in prison after getting caught with files that blew his cover.
▼ + stars: | 2023-03-25 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +4 min

Secret messages from court documents give a look into the wild life of an accused Russian spy. The DOJ accuses Sergey Cherkasov of operating undercover in the US, and got a cache of his messages. A screengrab of a message sent by Sergey Cherkasov, whom them US accuses of being a Russian spy. A screengrab of a message sent by Sergey Cherkasov, whom them US accuses of being a Russian spy. The DOJ accuses Cherkasov of acting as an unregistered foreign agent, using false documents, and lying to officials.

Stepan, 28, who has increasingly driven Chinese cars when using carsharing services, is among those that need convincing. If you want my honest opinion, the difference (with Chinese cars) is massive," he told Reuters at Moscow's Favorit Motors dealership. When buying his new Chinese car, Alexander, 74, looked for one which encompassed Swedish technology. While Chinese cars are increasingly filling the gap, the lack of reputation remains an issue, said auto industry expert Sergey Aslanyan. Chinese brands' market share reached 37.15% in January-February, up from 9.48% a year earlier, Autostat and PPK data showed.

☆ A massive explosion in Crimea destroyed a cache of Russian cruise missiles, a key weapon in its attacks on civilian infrastructure, Ukraine says
▼ + stars: | 2023-03-21 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Ukraine's MOD said that Russian Kalibr missiles were destroyed in a blast in Dzhankoi, Crimea. Meanwhile, Russia said it had foiled a drone attack in the area. Ukraine said that Kalibr missiles are a key weapon in Russia's attacks on its civilian infrastructure, according to the Kyiv Independent. The paper cited military officials as saying dozens of Kalibr missiles were located on ships in the Black Sea as of January. A composite image appearing to show wreckage from a claimed drone attack in Dzhankoi, Crimea, on March 20, 2023.

☆ Google's Bard AI chatbot is now open to users in the US and UK. Here's how it works
▼ + stars: | 2023-03-21 | by ( Hugh Langley | ) www.businessinsider.com time to read: +3 min

Google is making its AI chatbot, Bard, available to the public. Bard works much like OpenAI's chatbot ChatGPT, although there are some differences. The company said that it will grant access to its artificial intelligence chatbot, known as Bard, in the US and UK starting Tuesday. Users will be met with a warning that "Bard will not always get it right" when they open it. Google will improve Bard over time, and users will be able to submit written feedback about their experiences.

☆ Ukrainians are riding tanks captured from an elite Russian unit into battle in Bakhmut, but their new gear may not last long
▼ + stars: | 2023-03-21 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

That includes T-80 tanks captured the 1st Guards Tank Army, an elite Russian armored unit. But Russian tanks are designed for Russian forces, and Ukraine might get limited use out of them. No wonder Western observers have been thrilled by reports of Ukraine capturing hundreds of Russian tanks and turning them against the invaders. "You can see an entire unit composed of nothing but captured Russian tanks." Interestingly, Kofman believes Ukraine doesn't need tanks as much as it needs armored vehicles to carry infantry into battle.

Google (GOOGL), which for years ranked as the top company to work for in the United States, laid off thousands of workers by e-mail. During her early years there, she worked in marketing and became known as the “The Bard of Google” for the internal emails she sent celebrating the company’s culture. Google employee affected by January layoffs“The problem was, suddenly, you didn’t work for a company that was sending stuff to space or building autonomous cars,” Rout said. Hundreds of Google employees in Switzerland staged a walkout last week to protest layoffs, partly out of frustration with the lack of transparency. About a month before the January layoffs, one former employee said Google painted “You Belong” on one of the walls in their working area.

☆ One killed in blast at FSB border patrol building in southern Russia - agencies
▼ + stars: | 2023-03-16 | by ( ) www.reuters.com time to read: +1 min

[1/5] Specialists extinguish fire following an explosion in a building belonging to the border patrol section of Russia's FSB federal security service in a built-up district of the southern city of Rostov-on-Don, Russia, March 16, 2023. REUTERS/Sergey PivovarovROSTOV-ON-DON, Russia, March 16 (Reuters) - At least one person was killed and two were injured on Thursday in a blast and fire at a building belonging to the border patrol of Russia's FSB security service in the southern city of Rostov-on-Don, according to officials quoted by Russian news agencies. The FSB said a fire had broken out in a workshop, causing an explosion and the partial collapse of the building, Russian news agencies reported. "The spread of fire caused containers of fuel and lubricants to explode," he said in a message posted on his Telegram channel. They quoted local emergency services as saying one person had been killed and two more injured in the incident.

☆ Google ends enterprise sales of Google Glass, its augmented reality smartglasses
▼ + stars: | 2023-03-15 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Google has stopped selling its Glass Enterprise smart glasses, the company announced on Wednesday on its website. Glass Enterprise was the successor to Google Glass, a lightweight glasses product that displayed tiny bits of information on a transparent screen in the user's field of view. Google's retreat comes as rivals, including Meta and Apple , are investing in augmented reality and virtual reality technology which could end up in devices that are much more sophisticated Google Glass. The discontinuation of Glass does not mean that Google has given up on augmented reality or smartglasses, though. Last summer, Google previewed a different pair of smartglasses that could translate and transcribe speech in real-time, and said it would continue to test augmented reality glasses prototypes in public.

☆ What are dual-class shares and why do they matter for investors like us?
▼ + stars: | 2023-03-13 | by ( Paulina Likos | ) www.cnbc.com time to read: +10 min

Alphabet (GOOGL), Meta Platforms (META), Ford Motor (F) and Estee Lauder (EL) are the four Club holdings that maintain a dual-class structure. Dual-class stock structures generally designate shares as part of Class A or Class B, with one carrying more weight than the other. Google Co-founders Sergey Brin and Larry Page took their nascent firm, now Alphabet, public in 2004 with a dual-class stock structure. Advantages A dual-class structure allows founders, C-suite executives or key investors to maintain control and execute their long-term vision for the business. Bottom line Dual-class shares are not ideal, but they're not a deal breaker either.

☆ Pope Francis warns that the war in Ukraine is powered by competing 'empires' and 'arms industry'
▼ + stars: | 2023-03-11 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +2 min

Pope Francis has said that a number of different empires are powering the war in Ukraine. Speaking on Swiss TV, he criticized the forces driving the war, as well as the arms industry. He said he'd offered to negotiate peace with Putin at the beginning of the war but was rebuffed. Pope Francis said he would like to engage in peace talks with President Putin. Writing on Twitter on the anniversary of Putin's invasion, Pope Francis said, "Let us remain close to the battered Ukrainian people who continue to suffer and ask ourselves: has everything possible been done to stop the war?

☆ 4 bankers have been accused of helping Putin launder $50 million through Switzerland via his cello-playing best friend
▼ + stars: | 2023-03-09 | by ( Tom Porter | ) www.businessinsider.com time to read: +2 min

A cellist is accused of helping Vladimir Putin channel $50 million into Swiss accounts. 4 bankers are also accused of not having checked the real source of the money. The deposits were made between 2014 and 2016 and there is no plausible explanation about where they came from, Swiss prosecutors say. In addition to the $50 million, Roldugin was planning on chanelling another $10 million annually into accounts, which prosecutors say "were in general no way plausible as Roldugin's own assets." Switzerland has put aside its traditional neutrality in conflicts to adopt the EU's sanctions against Putin, Roldugin, and other members of the Russian elite.

☆ Putin's cellist friend moved millions through Swiss bank accounts - prosecutors
▼ + stars: | 2023-03-08 | by ( John Revill | ) www.reuters.com time to read: +4 min

ZURICH, March 8 (Reuters) - A concert cellist linked to Vladimir Putin moved millions through Swiss bank accounts without any proper checks, prosecutors will allege on Wednesday, in a case that highlights the murky financial dealings of Russia's ruling elite. Four bankers are accused of helping Sergey Roldugin, a close friend of the Russian president according to the indictment, deposit millions of Swiss francs in Switzerland. The bankers - three Russians who worked in Zurich and one Swiss - will deny the allegations against them, one of their lawyers said. Roldugin was named the owner of two accounts opened at Gazprombank Switzerland GZPRI.MM in 2014, into which flowed millions of francs from Russia. There is little trace of Putin's assets.

☆ A new generation of airships is taking to the skies
▼ + stars: | 2023-03-03 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +8 min

It’s an airship, and French aeronautics company Flying Whales hopes its hybrid-electric, helium-lift vessel will change the shape of sustainable transport. Flying Whales' airships, pictured here in a render, could access remote locations without roads, railways or airports. That’s why most companies, including Flying Whales and LTA Research, are using helium, which is non-flammable. Prentice is also the founder and president of BASI, a Manitoba-based company specializing in airships adapted for cold climates. Flying Whales expects to test its first airship at the end of 2025, with commercial operations beginning in 2027 once the airship is certified.

Persons: ”, Romain Schlack, Sergey Brin, It’s, Barry Prentice, Prentice, “, Schlack Organizations: CNN, Flying Whales, ” Airship, Research, Google, LTA Research, Moffett, American Chemical Society, Asper School of Business, University of Manitoba, Prentice ., FAA, European Aviation Safety Agency, Libre de Bruxelles, Prentice, Companies, Akron Airdock, Vehicles, Air Vehicles Locations: San Francisco, California, Manitoba, Prentice . California, Belgium, Laruscade, Bordeaux, France, Ohio, San Francisco Bay, England, Quebec, Asia, Canada

☆ Crowd erupts in laughter at Russia's top diplomat after he claimed the Ukraine war 'was launched against us'
▼ + stars: | 2023-03-03 | by ( Rebecca Cohen | John Haltiwanger | ) www.businessinsider.com time to read: +1 min

A crowd laughed at Russia's top diplomat who said the Ukraine war "was launched against us." He was answering a question about Russia's energy strategy moving forward. One audience member asked Lavrov, "How the war has affected Russia's strategy on energy, and will it mark a privilege toward Asia? "You know, the war, which we are trying to stop, which was launched against us, using the..." Lavrov began, before being cut off by loud laughter from the crowd. He went on to say that the war has influenced the energy policy in Russia and that they "would not rely on any partners" going forward.

☆ A shadow fleet is helping Russia ship oil around the world. And it's growing
▼ + stars: | 2023-03-01 | by ( Julia Horowitz | ) edition.cnn.com time to read: +8 min

London CNN —Russian oil is still finding its way to buyers around the world. Industry insiders estimate the size of that “shadow” fleet at roughly 600 vessels, or about 10% of the global number of large tankers. Andrey Rudakov/Bloomberg/Getty ImagesThe expansion of the shadow fleet highlights the dramatic changes Russia’s war has brought to the global oil market. As a result, an estimated 25 to 35 vessels are being sold per month into the shadow fleet, according to another senior executive at an oil trading firm. There are also questions about who ultimately runs the shadow fleet.

☆ An Inside Look at Ukrainian Troops Training to Use Western Tanks
▼ + stars: | 2023-03-01 | by ( ) www.wsj.com time to read: 1 min

Social Media Platforms Roll Out Subscriptions, But Will Users Pay? Facebook, Instagram and Twitter are among the social media platforms hoping their users will sign up for subscriptions. But will people want to pay for something that has historically been free? WSJ tech reporter Meghan Bobrowsky joins host Zoe Thomas to discuss why the platforms are doing this and what they are offering. Photo by Sergey Gribanov/Storyblocks.

☆ Chicago Mayor Lori Lightfoot Loses Re-Election Bid, Says "We Put This City on a Better Path"
▼ + stars: | 2023-03-01 | by ( ) www.wsj.com time to read: 1 min

☆ Chicago Mayor Lori Lightfoot Loses Re-Election Bid, Says "We Put this City on a Better Path"
▼ + stars: | 2023-03-01 | by ( ) www.wsj.com time to read: 1 min

☆ An 'elite' Russian unit has been weakened by severe front-line losses, and the replacements appear to be making things worse, Western intel says
▼ + stars: | 2023-02-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Russia's 155th Naval Infantry Brigade has suffered heavy losses while fighting in Ukraine. The 155th was considered to be an "elite" unit, but has been degraded, Western intelligence says. It's the latest high-profile Russian unit to see a high number of causalities on the battlefield. SERGEY BOBOK/AFP via Getty ImagesThe 155th is not the only Russian unit considered elite that has suffered severe setbacks and losses in Ukraine. Western intelligence estimates that Russian forces may have suffered as many as 200,000 casualties while fighting in Ukraine, with up to 60,000 troops dead.

☆ Russian Soyuz spacecraft docks at ISS to bring back stranded crew
▼ + stars: | 2023-02-26 | by ( ) www.reuters.com time to read: +1 min

[1/2] The Soyuz MS-23 spacecraft blasts off from the launchpad at the Baikonur Cosmodrome, Kazakhstan February 24, 2023, in this still image taken from video. Roscosmos/Handout via REUTERSFeb 26 (Reuters) - A Russian spacecraft on a mission to bring back to Earth a crew stranded on the International Space Station (ISS) has docked at the station, Russian space agency Roscosmos said early on Sunday. The Soyuz MS-23, which lifted off from Baikonour space centre in Kazakhstan on Friday, is to bring back Russian cosmonauts Sergey Prokopyev and Dmitry Petelin, and U.S. astronaut Francisco Rubio in September. "Today at 03:58 Moscow time (00:58 GMT), the Soyuz MS-23 unmanned spacecraft docked to the Poisk module of the International Space Station in automatic mode," Roscosmos said on the Telegram messaging platform. The Soyuz MS-23 ship carried 429 kilograms (946 lb) of additional cargo to the station, needed to extend the astronauts' mission, Russian agencies reported.

Search resuls for: "sergey"

25 mentions found