Author: Davide E

Police at Paris-Le Bourget Airport, once Paris’ main airport but now a general aviation airport for private and business flights to the French capital, arrested Telegram app CEO Pavel Durov on Saturday. (Photo credit: Reuters) Pavel Durov, billionaire CEO of messaging app Telegram, was arrested in Paris on Saturday night, Reuters reported, according to TF1 and BFM television. According to TF1, Durov received an arrest warrant in connection with a preliminary police investigation.AT&T launches smartwatch to help kids stay in touch with their parents TF1 reports that the investigation concerns his company’s messaging app, which French police believe lacks moderators…

Brad Jacobs’ latest venture could be a huge success. Brad Jacobs may not be a household name among individual investors, but he has one of the most accomplished track records of any CEO working today. The first company Jacobs founded in the United States was United Waste Systems, which achieved a compound annual rate of return of 55% from its founding in 1989 until its sale to what would become Waste Management in 1997. At the time, the company was the fifth-largest solid waste management company in North America. Jacobs then co-founded United Rentals, which used a similar roll-up strategy…

San Francisco officials aren’t too upset about X owner Elon Musk’s plans to pull his social media company out of the city.”I agree with the majority of San Franciscans: This is good,” city attorney David Chiu told The New York Times.In July, Musk announced that X would move its headquarters from San Francisco to Austin after California passed a law banning “the forcing of LGBTQ+ students to come out in schools.”Musk has promoted anti-transgender content on his platform in the past, which his daughter, Vivian Jenna Wilson, who is transgender, criticized. Elon Musk said X’s headquarters will move from San…

We recently published a list of the top 10 AI stocks based on the latest analyst ratings and news, and Broadcom Inc (NASDAQ:AVGO) ranks fifth on the list, so it’s worth taking a closer look.AI shares have fallen significantly in recent weeks, and analysts believe this is exactly the healthy correction long-term investors have been looking for. Rob Slymer, technical strategist at RBC Wealth Management, said AI shares are stabilizing at levels they can sustain for the rest of the year, according to Bloomberg. The analyst said technical indicators show AI shares have moved from overbought to oversold territory.”Now that…

A decades-long friendship. Dimitrios Kambouris/Getty Gates and Buffett’s friendship can be traced back to a single day: July 5, 1991.Gates’ mother, Mary, invited the late Meg Greenfield, a Washington Post editor, to her home. Greenfield planned to bring her friend Buffett, Business Insider previously reported. Gates didn’t want to take the day off work. A young BIll Gates in the early years of Microsoft. Doug Wilson/CORBIS Mary Gates pressed her son to join them, but he didn’t want to take the day off work, Business Insider reported.”What were he and I supposed to talk about, P/E ratios?” Gates later wrote…

After weeks of rigorous deliberation and serious safety concerns, NASA has decided to entrust the lives of two astronauts trapped on the International Space Station to SpaceX.NASA Administrator Bill Nelson made the announcement at a news conference Saturday at the Johnson Space Center in Houston.The two astronauts, Suni Williams and Butch Wilmore, have been aboard the ISS for 11 weeks. Their mission was originally scheduled to last eight days.The ordeal began when Starliner was en route to the International Space Station in June when five of its 28 reaction control system thrusters failed, and the spacecraft’s helium system was also…

The long-awaited Ward 9 stadium, formerly known as the “Field of Dreams,” is one step closer to breaking ground after the school board reached an agreement with the city to use $2.5 million in COVID funds before a year-end deadline. Last week, the Orleans Parish School Board approved the contract for the now $12 million project.Representatives of 9th Ward Stadium Inc., the nonprofit fundraising arm of the project, say construction could begin as early as this year or early 2025 as the project is in the final design stages. “This state-of-the-art facility will provide our students with an unparalleled opportunity…

“I can’t thank you enough for all you’ve done. It’s just so incredible,” Elizabeth Tsimbidaros said, fighting back tears. A Southbury resident described watching the storm hit his neighborhood last week. “Eventually the water came in like a river and flooded the basement up to the ceiling,” Tsimbidaros said. And she says it feels like she’s living a nightmare. “Forty years of my memories and my life are now in the trash can,” she said. But neighbours have offered to help, one of whom has offered her his home for the time being, which she says has made the situation…

New York CNN — It’s never been so hard to be Mr. Softoo. At its peak in the 1960s, there were more than 2,000 Mister Softee trucks in 38 states. Today, there are just 630 Mister Softee trucks patrolling neighborhoods and parks in 21 states. Competition and rising costs are squeezing sales, counterintuitive factors like rising temperatures are hurting business, and broader societal trends like shrinking American family sizes and advances in technology are also at work. “There’s a lot more competition, especially in New York, than there was in the 1980s and 1990s,” Mike Conway, Mister Softee’s vice president…

“The yacht tilted to the right and the body apparently went to the other side and tried to take refuge in a cabin,” Bentivoglio Fiandra of the local fire and rescue service said at a press conference on Saturday morning.”We found five bodies in the left-hand cabin and one more body in a third cabin on the left-hand side. The bodies were on top of the wreck,” he added to The Telegraph.Prosecutors said they had opened a manslaughter investigation following the sinking.Termini Imerese prosecutor general Ambrogio Cartosio said they were investigating the “criminal hypotheses” of negligence and manslaughter in the…