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Tag: Private

  • 2 private lunar landers head toward the moon in a roundabout journey

    2 private lunar landers head toward the moon in a roundabout journey

    CAPE CANAVERAL, Fla. — In a two-for-one moonshot, SpaceX launched a pair of lunar landers Wednesday for U.S. and Japanese companies looking to jumpstart business on Earth’s dusty sidekick.

    The two landers rocketed away in the middle of the night from NASA’s Kennedy Space Center, the latest in a stream of private spacecraft aiming for the moon. They shared the ride to save money but parted company an hour into the flight exactly as planned, taking separate roundabout routes for the monthslong journey.

    It’s take 2 for the Tokyo-based ispace, whose first lander crashed into the moon two years ago. This time, it has a rover on board with a scoop to gather up lunar dirt for study and plans to test potential food and water sources for future explorers.

    Lunar newcomer Texas-based Firefly Aerospace is flying 10 experiments for NASA, including a vacuum to gather dirt, a drill to measure the temperature below the surface and a device that could be used by future moonwalkers to keep the sharp, abrasive particles off their spacesuits and equipment.

    Firefly’s Blue Ghost — named after a species of U.S. Southeastern fireflies — should reach the moon first. The 6-foot-6-inches-tall (2-meter-tall) lander will attempt a touchdown in early March at Mare Crisium, a volcanic plain in the northern latitudes.

    The slightly bigger ispace lander named Resilience will take four to five months to get there, targeting a touchdown in late May or early June at Mare Frigoris, even farther north on the moon’s near side.

    “We don’t think this is a race. Some people say ‘race to the moon,’ but it’s not about the speed,” ispace’s founder CEO Takeshi Hakamada said this week from Cape Canaveral.

    Both Hakamada and Firefly CEO Jason Kim acknowledge the challenges still ahead, given the wreckage littering the lunar landscape. Only five countries have successfully placed spacecraft on the moon since the 1960s: the former Soviet Union, the U.S., China, India and Japan.

    “We’ve done everything we can on the design and the engineering,” Kim said. Even so, he pinned an Irish shamrock to his jacket lapel Tuesday night for good luck.

    The U.S. remains the only one to have landed astronauts. NASA’s Artemis program, the successor to Apollo, aims to get astronauts back on the moon by the end of the decade.

    Before that can happen, “we’re sending a lot of science and a lot of technology ahead of time to prepare for that,” NASA’s science mission chief Nicky Fox said on the eve of launch.

    If acing their respective touchdowns, both spacecraft will spend two weeks operating in constant daylight, shutting down once darkness hits.

    Once lowered onto the lunar surface, ispace’s 11-pound (5-kilogram) rover will stay near the lander, traveling up to hundreds of yards (meters) in circles at a speed of less than one inch (a couple centimeters) per second. The rover has its own special delivery to drop off on the lunar dust: a toy-size red house designed by a Swedish artist.

    NASA is paying $101 million to Firefly for the mission and another $44 million for the experiments. Hakamada declined to divulge the cost of ispace’s rebooted mission with six experiments, saying it’s less than the first mission that topped $100 million.

    Coming up by the end of February is the second moonshot for NASA by Houston-based Intuitive Machines. Last year, the company achieved the first U.S. lunar touchdown in more than a half-century, landing sideways near the south pole but still managing to operate.

    ___

    The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group and the Robert Wood Johnson Foundation. The AP is solely responsible for all content.

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  • Top Restaurant Associations Raise Concern Over Zomato, Swiggys Private Label Expansion

    Top Restaurant Associations Raise Concern Over Zomato, Swiggys Private Label Expansion

    In a move that has stirred debate across the hospitality sector, leading associations, including the Federation of Hotel & Restaurant Associations of India (FHRAI), have voiced their concerns over food delivery giants Zomato and Swiggy’s entry into the “private label” food delivery market. This development has raised significant questions about data privacy, fair competition, and food safety, with calls for regulatory intervention gaining momentum.

    According to the Federation of Hotel & Restaurant Associations of India (FHRAI), Zomato and Swiggy are now using their market dominance to directly compete with the very businesses they were meant to support.

    In its statement, the Federation of Hotel & Restaurant Associations of India (FHRAI) said Zomato and Swiggy, which initially operated as platforms connecting restaurants with customers, have now ventured into the quick commerce space by creating their own private-label food products.

    “These platforms use restaurant data to create personalized offers and discounts, which in turn puts restaurants at a disadvantage, as they are essentially competing with their own information,” the Association claimed.

    It further said, the lack of clear regulations around the production and sale of these private-label products raises concerns about the safety and quality of food being delivered to consumers.

    The Association said, the aim of raising this issue is to address the growing concerns about the misuse of restaurant data by food delivery platforms and the unfair competitive advantage these platforms now hold over restaurants.

    “By leveraging data from restaurants, such as customer preferences and sales trends, Zomato and Swiggy can create personalized deals that directly impact the restaurant’s business. This not only threatens the livelihoods of small and medium-size restaurants but also raises questions about data privacy and consent,” FHRAI said.

    Pradeep Shetty, Vice President of FHRAI, said, “We are meeting with the Commerce Ministry very soon and have requested an expedited appointment to discuss this serious issue. The actions of platforms like Zomato and Swiggy represent a direct violation of established e-commerce regulations. These companies were originally designed to function as neutral marketplace platforms, connecting consumers with restaurants, not as direct competitors”.

    Last week, the National Restaurant Association of India (NRAI) had opposed “private labelling” by Zomato and Swiggy for quick commerce food delivery via separate apps, and said it will file complaints with “relevant regulatory authorities” and initiate legal action to prevent them from monopolising the market.

    On Friday, Blinkit CEO Albinder Dhindsa, in a post on X, said that Zomato will not use its app to build Bistro, Blinkit’s new 10-minute food offering, which is currently live across a few locations in Gurugram.

    “Also, as @deepigoyal has always said, Zomato will never launch private brands on the Zomato app to compete with its restaurant partners. This still holds true. Which is why this service is not being built within Zomato (the organisation which runs the brand, or the app). This is a standalone team, with a standalone app – and no Zomato restaurant data has been used. We will not even use the Zomato app to market Bistro.

    “This is going to be a significant additional cost to us, but ethics and sticking to our word mean more than anything else to us at Zomato and we are not going to give it up to save some marketing cost,” the Blinkit CEO said in the post.

    A response from Swiggy could not be obtained as the emailed query remained unanswered. The ongoing debate underscores the tension between technology-driven food delivery platforms and the traditional restaurant ecosystem. While Zomato and Swiggy have revolutionized how consumers access food, the outcome of this conflict could redefine the dynamics of the Indian food industry for years to come.

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  • Crusading American lawyer who boasts a lavish lifestyle with private jet jaunts with his glamorous wife, a sprawling estate and pool chill sessions quits his law firm after putting Aussie corporates on notice

    Crusading American lawyer who boasts a lavish lifestyle with private jet jaunts with his glamorous wife, a sprawling estate and pool chill sessions quits his law firm after putting Aussie corporates on notice

    A high-flying international lawyer whose firm ‘put Australian corporations on notice’ about a potential wave of class action lawsuits against miners and financial services companies has suddenly quit his post. 

    International class action specialists Pogust Goodhead set up shop in Australia last year and issued a warning that they were eyeing a series of business giants and planning to hold them to account over their responsibility to exhibit ‘basic decency and fairness’. 

    But the firm was this week hit with the surprise departure of jetsetting co-founder and global chairman Harris Pogust, who announced he was stepping down from his role after six years in order to ‘devote more time and energy to my philanthropic endeavours’. 

    In a statement this week, Mr Pogust wished his co-founder Mr Goodhead all the best and praised the firm for having ‘helped defend the rights of those who cannot defend themselves against the misdeeds of big business’. 

    Pogust Goodhead is currently taking action against BHP in the UK over the Samarco mine disaster in Brazil, which cost 19 people their lives and contaminated waterways and land spanning multiple villages in a case tipped to be worth up to $70billion in damages. 

    Last month, the class action specialist firm also shed up to 20 per cent of its staff – with jobs shed at its offices in both the UK and Brazil, the UK’s Law Society Gazette reported. 

    The New Jersey-born Mr Pogust has more than 25 years’ experience in litigation and class actions. Daily Mail Australia revealed an insight into Mr Pogust’s lavish lifestyle earlier this year.

    Photographs show the crusading lawyer and his wife Carrie flying by private jet – including with their dog – sipping cocktails on luxury boats and travelling interstate for meals.

    Jetsetting lawyer Harris Pogust's family social media accounts offer an insight into the lavish lifestyle afforded to him on the back of his successful career. He's now quit his firm

    Jetsetting lawyer Harris Pogust’s family social media accounts offer an insight into the lavish lifestyle afforded to him on the back of his successful career. He’s now quit his firm

    In November 2023, he shared details of his new property – a sprawling six-bedroom, eight-bathroom mansion boasting a pool, gym and wine cellar. A month prior he shared another photo of his laptop overlooking the ocean.

    ‘Nothing like flying down for dinner than back home. The fun never ends…’ he wrote, tagging his location at Philadelphia International Airport.

    His wife has also shared photos of both Mr Pogust and the couple’s dog on a private jet, as well as luxurious snaps on yachts.

    His firm, Pogust Goodhead, launched in 2018 and earned the title ‘the first legal unicorn’ after raising $300million in financial backing early on.

    Co-founder Tom Goodhead visited Australia twice in 2023 to meet with MPs, unions and super funds over potential litigation. The firm set up an office in Sydney, headed by commercial disputes specialist Amie Crichton.

    Ms Crichton cut her teeth on the other side of litigation, defending class actions on behalf of insurers for eight years. Speaking to law.com, she said that experience gives her a strategic advantage in prosecuting future class actions.

    She said it had given her a much deeper understanding of how corporations seek to defend such matters – and how to counter that.

    ‘We are investigating a number of new cases against Australian multinational corporations, such as BHP, in which their commitment to this responsibility has been seriously thrown into question,’ said Mr Goodhead.

    ‘With the launch of our Sydney office, we are putting Australian corporations on notice that we are ready to hold them to account.

    ‘We are establishing a base in BHP’s backyard to ensure we explore every avenue in our fight for justice for victims.’

    New Jersey-born Harris Pogust offers the greatest insight into their high-flying lives

    New Jersey-born Harris Pogust offers the greatest insight into their high-flying lives

    The legal eagles said areas they’re targeting include the mining and resources sector, human rights issues, corporate misconduct, environmental issues and consumer law. 

    ‘Specialists in the class action sector are becoming a little bit more creative and willing to attempt to find recourse through different channels,’ she said. 

    Mr Goodhead, who is both Oxford and Cambridge educated, spoke in February about the expansion and their current litigation portfolio.

    He said winning one or more of the major litigations would see his team become ‘the highest-paid lawyers in the country by quiet some margin’.

    And several months earlier in an interview with the Law Gazette in November 2023, Mr Goodhead spoke openly about his company’s capitalist ambitions.

    ‘We are here to make a profit,’ he said bluntly.

    ‘This isn’t an NGO though I know we look like one. We are here to make a profit… I’ve got trainee solicitors earning 150k.’

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  • Billionaire who performed the first private spacewalk is Trump’s pick to lead NASA

    Billionaire who performed the first private spacewalk is Trump’s pick to lead NASA

    CAPE CANAVERAL, Fla. — A tech billionaire who bought a series of spaceflights from Elon Musk’s SpaceX and conducted the first private spacewalk was nominated by President-elect Donald Trump on Wednesday to lead NASA.

    Jared Isaacman, 41, CEO and founder of a card-processing company, has been a close collaborator with Musk ever since buying his first chartered flight with SpaceX. He took along contest winners on that 2021 trip and followed it in September with a mission where he briefly popped out the hatch to test SpaceX’s new spacewalking suits.

    If confirmed, Isaacman will replace Bill Nelson, 82, a former Democratic senator from Florida who was nominated by President Joe Biden. Nelson flew aboard space shuttle Columbia in 1986 – on the flight right before the Challenger disaster — while a congressman.

    Isaacman said he was honored to be nominated and would be “grateful to serve.” “Having been fortunate to see our amazing planet from space, I am passionate about America leading the most incredible adventure in human history,” he said via X.

    During Nelson’s tenure, NASA picked up steam in its effort to return astronauts to the moon. This next-generation Apollo program — named after Apollo’s mythological twin sister Artemis — plans to send four astronauts around the moon as soon as next year. The first moon landing in more than half a century would follow.

    NASA is counting on SpaceX to get astronauts to the lunar surface via Starship, the mega rocket launching out of Texas on test flights.

    The space agency already relies on SpaceX to fly astronauts to and from the International Space Station along with supply runs. Boeing launched its first crew for NASA in June, but the Starliner capsule encountered so many problems that the two test pilots ended up stuck at the space station. They’ll catch a ride home with SpaceX in February, after more than eight months in orbit. Their mission should have lasted eight days.

    Also on NASA’s plate right now: exploring the solar system. Robotic missions to the moon and beyond continues with a NASA spacecraft en route to Jupiter’s watery moon Europa and the Mars rover Perseverance collecting more rock and dirt samples.

    Facing tight budgets, NASA is seeking a quicker, cheaper way of getting these Martian samples to Earth than the original plan, which had swollen to $11 billion with nothing arriving before 2040. As with human spaceflight, NASA has turned to industry and others for ideas and help.

    Musk congratulated Isaacman via X, describing him as a man of “high ability and integrity.”

    The fighter jet-piloting Isaacman, whose call name is Rookie, has described himself as a “space geek” since kindergarten. He dropped out of high school when he was 16, got a GED certificate and started a business in his parents’ basement that became the genesis for Shift4. His business is based in eastern Pennsylvania, where he lives with his wife and their two young daughters.

    He set a speed record flying around the world in 2009 while raising money for the Make-A-Wish program, and later established Draken International, the world’s largest private fleet of fighter jets.

    Isaacman has reserved two more flights with SpaceX, including a trip leading Starship’s first crew into orbit around Earth.

    ___

    The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group. The AP is solely responsible for all content.

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  • MPs vote to hold private meeting with Canada Soccer investigator over spying scandal

    MPs vote to hold private meeting with Canada Soccer investigator over spying scandal

    Open this photo in gallery:

    Former Canadian women’s soccer Coach John Herdman, left, prepares for practice with Bev Priestman, at the time a member of his coaching staff, ahead of the CONCACAF Women’s Olympic Qualifying Championship, in Houston, on Feb. 20, 2016.Neil Davidson/The Canadian Press

    A majority of MPs voted Wednesday to meet privately with an investigator who reported on spying problems at Canada Soccer, before deciding whether a larger parliamentary probe with compelled testimony is required to examine culture issues at the sport’s national governing body.

    That decision by the standing committee on Canadian heritage effectively shut down an NDP proposal calling for testimony from some of the key players in the Canada Soccer spying scandal, as requested by MP Niki Ashton.

    Ms. Ashton filed her motion in response to recent reporting by The Globe and Mail into workplace and spying issues inside the women’s program. She wanted former head coach Bev Priestman and her predecessor, John Herdman, now head coach of Toronto’s Major League Soccer club, TFC, to appear before MPs, along with current and former executives, players and the federal Minister of Sport.

    Instead, 10 MPs on the 11-person committee approved an amendment by Bloc Québécois MP Martin Champoux that called for lawyer Sonia Regenbogen, who recently submitted her report into the spying scandal at the Paris Olympics this past summer, to meet in-camera. After that briefing, the MPs can then decide whether they want a larger hearing that would call on multiple witnesses, he said.

    “We need to start by talking to this lawyer who wrote the investigation,” Mr. Champoux told the committee, in French. “Everyone takes this issue seriously.”

    Ms. Ashton said the amendment “gutted” her motion and she was the lone dissenting voice against the approach the committee opted to take. She argued the federal government, which oversees Canada’s National Sport Organizations (NSOs), needed to intervene after revelations about culture and spying issues inside the program that have “damaged Canada’s reputation.” She referred to reporting by The Globe that showed warnings from staff about these issues were documented in workplace investigations conducted inside the women’s program more than a year before Paris.

    “Canadians deserve the truth,” Ms. Ashton said. “We’re talking about much more than just spying now.”

    She said it was critical MPs had the opportunity to study broader issues involving Canada Soccer beyond spying, and get a full accounting of whether public funds, including those from programs such as Own the Podium, were used to help the national teams cheat.

    But Jonathan Robinson, a spokesperson for the Minister of Sport, said Canada Soccer was already under greater scrutiny than other NSOs because of financial issues that predated the spying scandal – with Ottawa demanding a financial audit and a governance review, and the creation of an external advisory group, for the federation to continue receiving federal funding.

    The minister, Carla Qualtrough, told The Globe what happened in Paris was part of “a broader culture within Canada Soccer,” but declined to comment on recent reporting on alleged governance lapses at the federation, or any of the policy changes announced by organization since Ms. Regenbogen’s report was released.

    “Canada Soccer should undertake organizational changes, implement the recommendations of its recent governance review and establish an ethical environment. This is what the Government of Canada expects, and what Canadians expect, of their national soccer organization, and what we will hold them accountable to do,” Ms. Qualtrough said in a statement.

    Ms. Regenbogen’s report, released Nov. 12, found Ms. Priestman and her assistant coach Jasmine Mander directed a staffer to use a drone to spy on an opponent’s closed practice ahead of their match at the Olympics, breaking French law – although their names were redacted from the report. Canada Soccer says neither coach will return to the organization.

    The Globe previously reported that Canada Soccer had been warned about problems inside the women’s program a full year before the Olympics. It commissioned two investigations in 2023, including one by Ottawa lawyer Erin Durant that documented staff concerns that people were being forced to spy and other allegations of harassment and a toxic work environment. Those probes did not find violations of the organization’s code of conduct and ethics, according to Canada Soccer.

    The Globe previously reported former interim CEO Jason deVos was directly made aware of concerns around spying and other workplace complaints in 2023. He told The Globe he could not discuss Ms. Durant’s findings because of confidentiality issues, but said its findings were treated with “the seriousness and diligence they warranted,” and said he introduced policy changes as a result.

    Muneeza Sheikh, Ms. Priestman’s lawyer, has said The Globe’s reporting contained allegations that were untrue, but did not specify what she was referring to. She said the allegations against her client are aimed at discrediting “a gay woman in professional sports.”

    Dean Crawford, a lawyer for Ms. Mander, said the allegations reported by The Globe that she directed spying efforts are inaccurate, but also declined to elaborate.

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  • AI photos showing girl students with nude bodies roil private school in Pennsylvania

    AI photos showing girl students with nude bodies roil private school in Pennsylvania

    Images that depict the faces of girls with nude bodies have led to the departure of leaders from a private school in Pennsylvania, prompted a student protest and triggered a criminal investigation.

    A juvenile suspect was “removed from” Lancaster Country Day School and his cellphone was seized by investigators in August, Susquehanna Regional Police Department Detective Laurel Bair said Tuesday.

    It’s the latest example of how the use of artificial intelligence to create or manipulate images with sexual content has become a concern, including within school settings.

    U.S. law enforcement has been cracking down on graphic depictions of computer-generated children as well as manipulated photos of real ones. The Justice Department says it’s pursuing those who exploit AI tools and states are racing to enact laws to address the problem.

    A new Pennsylvania state law that takes effect late next month explicitly criminalizes making or disseminating AI-generated child sexual abuse material.

    And police in South Korea are on a seven-month push to combat explicit deepfake content, with tougher penalties, expanded use of undercover officers and increased regulation of social media. Concerns in South Korea deepened after unconfirmed lists of schools with victims spread earlier this year.

    As part of the police investigation into what the Lancaster Country Day School describes as “disturbing AI generated photographs,” a search warrant was used this summer to obtain an iPhone 11 linked to a 15-year-old, according to court records. The records do not identify the teen.

    A woman told police that her daughter said a fellow student had been “taking photographs of students and using Artificial Intelligence (AI) technology to portray the female juvenile students as being nude,” according to a probable cause affidavit used to apply for the search warrant.

    Matt Micciche, then the head of the school, told police the school had received a complaint about the photos in November 2023 through the Safe2Say Something program but the suspect, identified by his initials, denied the allegations, according to Bair’s affidavit.

    When some parents became aware of the photos in May, Bair wrote, they also learned that the “AI nude photographs” had been posted in a chat room.

    Bair, leading the investigation because the suspect lives in the Susquehanna Regional Police Department’s territory, said there has been shock at the school “that this is even occurring and that it happened within their small community.” She declined to say how many girls had been shown in the images but added that more information about the case will likely be made public in the coming two weeks.

    Erik Yabor, a spokesperson for Lancaster District Attorney Heather Adams, said Tuesday that Lancaster County prosecutors had no comment about the ongoing investigation.

    A spokesperson for Attorney General Michelle Henry’s office said the agency was not able to talk about specific tips or reports made to the Safe2Say Something platform, which fields anonymous reports from students and others about safety threats.

    “Generally speaking, our team intakes the tips and sends them to the respective law enforcement or school personnel for review,” Brett Hambright said. “We have confirmed that was done regarding the matter you inquired about.”

    LNP in Lancaster reported that most of Lancaster Country Day’s high-school age students held a walkout on Friday, Nov. 8, marching around the campus and chanting, “Hear us. Acknowledge us. See us.” School was canceled on Monday.

    LNP said the school indicated on Friday that it had “parted ways” with Micciche and that board president Angela Ang-Alhadeff had stepped down. The Associated Press left phone messages seeking comment with both of them on Tuesday. A letter addressed to the school community Monday by the Lancaster Country Day Board of Trustees said it was working to replace them and was “still in the process of finalizing the resolution to the case.”

    “What we can say is that over the course of the past week the board was made aware of information that led us to the decision to resolve the matter,” the board wrote, including acting “in the best interests of the girls who have been impacted and in the best interest of the school long term.”

    The school said counseling has been offered to students and the institution is reviewing reporting procedures, safety practices and other policies regarding student safety.

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  • Private buyer rescues West Pack Lifestyle, saves jobs

    Private buyer rescues West Pack Lifestyle, saves jobs

    Attorney confirms that according to their knowledge the buyer has the intention to continue operating the business as West Pack Lifestyle.

    West Pack Lifestyle will be exiting business rescue after less than six months as a private sale has been concluded.

    The business voluntarily entered business rescue on 15 May, saying the accelerated growth path for the past four years had placed a strain on the group’s cash flow.

    The group owed more than R100 million to different financial institutions such as Access Bank, Absa, and Preference Capital.

    Private buyer comes to the rescue

    Fluxmans Attorneys director Craig Blumenthal confirmed to The Citizen that the bid was accepted on 8 October 2024 after the plans were adopted. While the deal is in the process of being concluded.

    When asked how much is the deal, he said the information cannot be made public.

    “The deal is subject to strict confidentiality agreements and as such very limited information outside of what has already been made public can be shared.”

    Blumenthal did confirm that according to the company’s knowledge the buyer has the intention to continue operating the business as West Pack Lifestyle.

    ALSO READ: Will Cross Trainer parent company be liquidated?

    Private buyer saves jobs

    The private sale of West Pack Lifestyle will see more than 1,000 jobs being saved, and keeping doors opened to at least 30 corporate stores and 40 franchise stores.

    West Pack’s CEO, Jose da Silva said the working constraints during 2023 resulted in the group facing several challenges, including difficulty in acquiring the correct stock and appreciating product mix.

    “Due to the country’s economy, load shedding, and changed consumer habits, the company’s turnover has steadily declined over the past number of months. Not being able to achieve its budgeted turnover, and trading at a loss,” he added.

    ALSO READ: SABC technically insolvent, uncertain if it will meet financial obligations

    Why business rescue

    He said he voluntarily entered the business into business rescue because he believed the company’s turnaround would improve.

    This was either through the exploration of various offers to acquire either the assets or the business of the group; improved procurement procedures and achieving optimal stock levels and product mix; reduction of overhead expenses and restructuring.

    According to applications by financial institutions, Absa granted the company financial support of R40.4 million and R38.3 million.

    While Access Bank granted West Pack Lifestyle an overdraft worth R50 million.

    NOW READ: Explainer: How business rescue works

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  • Paris Hilton invites fans inside her private jet for a rare glimpse of her VIP lifestyle at 40K feet

    Paris Hilton invites fans inside her private jet for a rare glimpse of her VIP lifestyle at 40K feet

    Paris Hilton took to social media on Sunday to share a peek inside her private plane, called Sliv Air.

    The 43-year-old socialite — who performed at the Hollywood Palladium last week — uploaded several videos on Instagram Stories as she traveled from Los Angeles to New York City

    ‘Taking off to N.Y.C. on #SlivAir ‍✈️,’ she captioned an initial clip as she recorded her walk from the runway to the aircraft.

    The mother-of-two highlighted a welcome mat with ‘Sliv Air’ printed in pink letters, an iteration of her ‘sliving’ catchphrase.

    ‘Loves it #SlivAir ✨,’ Paris added before taking her followers inside the jet which flies above 40K feet.

    Paris Hilton took to social media on Sunday to share a peek inside her private plane, called Sliv Air; pictured in September

    Paris Hilton took to social media on Sunday to share a peek inside her private plane, called Sliv Air; pictured in September

    The 43-year-old socialite uploaded several videos on Instagram Stories as she traveled from Los Angeles to New York City

    The 43-year-old socialite uploaded several videos on Instagram Stories as she traveled from Los Angeles to New York City

    'Taking off to N.Y.C. on #SlivAir ¿¿¿,' she captioned an initial clip as she recorded her walk from the runway to the aircraft

    ‘Taking off to N.Y.C. on #SlivAir ‍✈️,’ she captioned an initial clip as she recorded her walk from the runway to the aircraft

    The footage continued as Hilton walked through the cabin and she soundtracked Jay-Z’s 2009 hit Empire State of Mind featuring Alicia Keys.

    She once again wrote, ‘#SlivAir ✨‍✈️✨’ adding, ‘LA to NYC,’ over the clip.

    One area of the cabin had two side-by-side beds covered in fluffy pillow and pink blankets, and there was a pink sleep mask set to the side. 

    Hilton’s tour continued as she showed off the plane’s plush, brown, leather seats and a bounty of snacks arranged on a shiny wood counter.

    There was also a cake featuring a photo of Paris and best friend Nicole Richie from their 2003 show The Simple Life.

    Referring to their inside joke nicknames, the heiress wrote, ‘Sill & Bill 4eva @nicolerichie Sanasaaaa.’

    She added her song BBA with Megan Thee Stallion to the snippet.

    Once the star landed in the Big Apple, she filmed the inside of her luxurious penthouse and cooed, ‘I’m excited to be back home.’ 

    The footage continued as Hilton walked through the cabin and she soundtracked Jay-Z's 2009 hit Empire State of Mind featuring Alicia Keys

    Hilton's tour continued as she showed off the plane's plush, brown, leather seats and a bounty of snacks arranged on a shiny wood counter

    The footage continued as Hilton walked through the cabin and she soundtracked Jay-Z’s 2009 hit Empire State of Mind featuring Alicia Keys. Hilton’s tour continued as she showed off the plane’s plush, brown, leather seats and a bounty of snacks arranged on a shiny wood counter

    There was also a cake featuring a photo of Paris and best friend Nicole Richie from their 2003 show The Simple Life

    There was also a cake featuring a photo of Paris and best friend Nicole Richie from their 2003 show The Simple Life

    Once the star landed in the Big Apple, she filmed the inside of her luxurious penthouse and cooed, 'I'm excited to be back home'

    Once the star landed in the Big Apple, she filmed the inside of her luxurious penthouse and cooed, ‘I’m excited to be back home’

    The sprawling space was decked out with a white leather couch, marble table, and customized pink kitchen appliances.

    The blonde beauty’s walls were adorned with large, glossy, framed photos of Marilyn Monroe and a wall dedicated to her own magazine covers from throughout the years.

    Paris has been performing in support of her new album Infinite Icon, which was released in September.

    It comes 18 years after her self-titled debut album, which came out in 2006 and featured the lead single Stars Are Blind.

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  • From private jet to high-end cars

    From private jet to high-end cars

    Kanye West, now legally known as “Ye,” is a well-known American music producer, rapper, fashion designer, and entrepreneur with a current net worth of $400 million as of September 25th in Forbes. At one point, Kanye West was a multi-billionaire and one of the richest self-made Black men in U.S. history. His rise to fame began with his 2004 album, The College Dropout, which propelled him into the global spotlight. Kanye West’s career as a musician has been highly successful, earning him 24 Grammy Awards out of 75 nominations.

    In recent years, Kanye West has shifted focus from music to business, generating over $100 million annually from various ventures, including his Yeezy brand. However, his outspoken views and controversial statements have resulted in the loss of sponsorships and partnerships.

    Kanye West’s Net Worth Drops from Billionaire to Millionaire

    Kanye West
    Credit: Reuters

    Once celebrated as a billionaire, Kanye West’s net worth has taken a sharp decline, falling from $2 billion to $400 million according to Forbes. The significant drop in Kanye West’s net worth was largely due to his broken partnership with Adidas, a deal that had previously been a major source of his wealth. His controversial opinions led Adidas to sever ties with him, drastically reducing Kanye West’s income. Despite the setbacks, Kanye West continues to pursue various business ventures.

    Kanye West’s Career and Recent Challenges

    Even though Kanye West has been a leading figure in the music world for many years, recent events have affected his career. His latest album, Donda 2, was released exclusively on the Stem player, but it did not perform as well as expected. Along with financial troubles, Kanye West has also faced legal issues. He was ordered by a court to pay $200,000 per month in child support for his four children with ex-wife Kim Kardashian. Additionally, he is facing lawsuits from former employees who allege they were not paid their due wages.

    Although these challenges have impacted Kanye West’s career, he has always been known for his resilience and creativity. Many wonder whether he can once again rise to billionaire status and reclaim his place in the world of wealth and fame.

    Kanye West’s Real Estate Investments

    According to Celebrity Net Worth, despite the financial hurdles, Kanye West owns around $100 million worth of real estate in the U.S., including several homes and large estates. One of his most notable properties is the sprawling Hidden Hills estate in California, where he lived with Kim Kardashian during their marriage. This property was acquired in multiple transactions starting in 2014, and over $28.5 million has been spent on acquiring and developing it. After their divorce, Kim Kardashian purchased Kanye’s share of the estate for $23 million, including $3 million for interior furnishings.

    In 2021, Kanye West bought a beachfront property in Malibu for $57.3 million, but he later put it on the market in 2023 for $53 million. Other properties in his portfolio include a 320-acre estate in Calabasas worth $16 million and several ranches in Wyoming, including one he sold in June 2024.

    Kanye West’s Car Collection

    Kanye West
    Credit: Carblogindia

    According to the website, Samma.tv Kanye West’s taste for luxury extends to his impressive car collection:

    • Aston Martin DBS: Kanye West owns an Aston Martin DBS with a 5.2-liter V12 engine that gives 715 horsepower. It can reach a top speed of 211 mph. In 2023, it’s worth $349,800.
    • Mercedes-Benz SLR McLaren: Kanye’s collection includes a Mercedes-Benz SLR McLaren, priced between $58,489 and $748,453. It has a 5.4-liter V8 engine with 617 horsepower.
    • Lamborghini Urus: Kanye often drives a Lamborghini Urus, one of the fastest SUVs. In 2023, it costs $233,995 and delivers 640 horsepower, with a top speed of 190 mph.
    • Bugatti Veyron 16.4: Kanye owns a Bugatti Veyron 16.4, one of the fastest cars ever made. It has a price tag of $1.9 million in 2023 and produces 1,000 horsepower.
    • Lamborghini Gallardo: Kanye is frequently seen driving his Lamborghini Gallardo, worth $209,500 in 2023. It has a V10 engine with 540 horsepower.
    • Porsche 911 Carrera: Kanye’s Porsche 911 Carrera has a 3.0-liter engine with 443 horsepower. It reaches a top speed of 308 km/h and costs $107,550 in 2023.
    • Lamborghini Aventador: Kanye also owns a Lamborghini Aventador, with a V12 engine producing 730 horsepower. In 2023, it costs over $789,809.
    • Porsche Panamera: Kanye added a Porsche Panamera to his collection. The base model starts at $92,400 in 2023.
    • Mercedes-Benz SLR Stirling Moss: Kanye has a rare Mercedes-Benz SLR Stirling Moss, valued at millions due to its rarity. It has 641 horsepower.
    • Maybach 57: Kanye’s customized Maybach 57, featured in a music video, is priced at $194,550 in 2023.
    • Dartz Prombron Red Diamond: Kanye’s collection includes a Dartz Prombron Red Diamond, a million-dollar armored truck.
    • Sherp: Kanye owns eight Sherp all-terrain vehicles, kept at his ranch. Each weighs 4,300 kg and has a top speed of 30 km/h.

    Kanye West’s private jet

    Kanye West, now called Ye, still enjoys his luxury items, including large mansions, expensive cars, and possibly a private jet. His plane is a Boeing 747, a massive two-deck aircraft usually designed to carry 660 passengers. It’s the same type of plane used by the U.S. president, known as Air Force One.

    Ye’s jet, the largest owned by any celebrity, is called the “Yeezy floating office.” It comes with luxury features like a double-bed suite, marble bathrooms, a lounge, guest rooms, and a dining area.

    Some reports say Adidas gave Ye the jet in 2018 for the success of his Yeezy brand. However, a Forbes report from 2018 suggests it might actually belong to Las Vegas Sands Corp., owned by billionaire Sheldon Adelson before he passed away in 2021. His wife, Miriam Adelson, inherited part of his wealth.

    The plane is a Boeing 747SP, a smaller but longer-range version of the Boeing 747-100. Even if it was a gift from Adidas, its value would be less than $10 million.

    Also Read: P Diddy’s net worth

    Kanye West’s Personal Life

    Kim Kardashian and Kanye West
    Credit: Reuters

    Kanye West’s personal life has always been in the public eye. He was in a long-term relationship with designer Alexis Phifer from 2002 to 2008 and dated model Amber Rose from 2008 to 2010. Kanye began dating reality TV star Kim Kardashian in 2012, and they married in 2014. The couple had four children together before divorcing in 2022. Shortly after, Kanye briefly dated actress Julia Fox.

    In 2023, Kanye West reportedly married Bianca Censori, an Australian architect, in a private ceremony. In 2021, Kanye successfully changed his legal name to “Ye,” a reflection of his evolving identity.

    Despite all his challenges, Kanye West continues to remain a significant figure in the worlds of music, fashion, and business. Whether he will regain his former financial glory remains to be seen, but his influence and impact on culture are undeniable.

    For the latest and more interesting financial news, keep reading Indiatimes Worth. Click here

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  • 23andMe directors resign as the CEO of the genetic-testing company seeks to take it private

    23andMe directors resign as the CEO of the genetic-testing company seeks to take it private

    NEW YORK — All of 23andMe’s independent directors resigned from its board this week, a rare move that marks the latest challenge for the genetic-testing company.

    The resignations follow drawn-out negotiations with 23andMe CEO and co-founder Anne Wojcicki, who wants to take the company private. In a Tuesday letter addressed to Wojcicki, the seven directors said they had yet to receive a “a fully financed, fully diligenced, actionable proposal that is in the best interests of the non-affiliated shareholders” from the chief executive after months of efforts.

    The directors said they would be resigning effective immediately — arguing that, while they still believed in 23andMe’s mission, their departures were for the best due to Wojcicki’s concentrated voting power and a “clear” difference of opinion on the company’s future.

    Wojcicki later responded to the resignations in a memo to employees, published in a securities filing, saying she was “surprised and disappointed” by the directors’ decision. Still, she maintained that taking 23andMe private and “outside of the short term pressures of the public markets” would be best for the company long term.

    Wojcicki added that 23andMe would immediately be identifying independent directors to join the board. Wojcicki, who holds 49% of the voting power at 23andMe, was the only remaining board member listed on the company’s website as of Thursday. A spokesperson had no further updates to share when reached by The Associated Press.

    23andMe, which went public in 2021, has struggled to find a profitable business model since. The company reported a net loss of $667 million for its last fiscal year, more than double the loss of $312 million for the year prior.

    Shares for 23andMe have also plummeted — with the company’s stock closing at 33 cents Thursday, down more than 97% since its 2021 stock market debut, according to FactSet.

    Wojcicki announced her intention to take 23andMe private, by way of acquiring all outstanding shares that she doesn’t own, in April. Wojcicki also said that she wished to maintain control of the company and was not willing to support alternative transactions from other bidders. She submitted a proposal in late July, but the board’s evaluating committee found it to be wanting.

    Beyond the resignations, 23andMe has made other a handful of other headlines in recent months — particularly around privacy concerns. Last week, 23andMe agreed to pay $30 million in cash to settle a class-action lawsuit accusing the company of failing to protect customers whose personal information was exposed in a 2023 data breach.

    23andMe has shared preliminary support of the settlement, which is set to be heard by a judge for approval next month. In a statement, a spokesperson said that the company looked forward to finalizing the agreement, which it believe is “in the best interest of 23andMe customers.” The $30 million payment would settle all U.S. claims, the spokesperson added, and $25 million of it is expected to be covered by insurance coverage.

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