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414 Results / Page 37 of 46

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Business & Lifestyle

Online music service SoundCloud saved by $170 million investment

BERLIN (UPI) -- Digital music service SoundCloud will continue to operate following a new investment round. SoundCloud founder Alexander Ljung confirmed the music-sharing platform is "isn't going away" after being boosted by a $169.5 million investment from The Raine Group and Temasek. The Germany-based service had fallen on financial difficulties in recent times. Soundcloud disclosed steps it would take to cut its overhead costs last month, which included 173 layoffs. "I'm happy to announce that together with investors The Raine Group and Temasek we've just […]

todayAugust 12, 2017 4

Business & Lifestyle

Venezuela leader Maduro wants to meet Trump in NYC

CARACAS/WASHINGTON (UPI) -- Amid his country's ongoing economic and political crises, Venezuelan President Nicolas Maduro -- a frequent critic of the United States -- has called for a face-to-face meeting with President Donald Trump. Maduro on Thursday addressed the 545-member Constituent Assembly, which was formed recently to make changes to Venezuela's constitution despite accusations the body will tighten Maduro's grip on power. In his remarks, the Venezuelan leader asked for a "personal conversation" with Trump when they gather in New York City next month at the […]

todayAugust 11, 2017 4

Business & Lifestyle

Manafort changes legal team as investigations expand

WASHINGTON (UPI) -- Paul Manafort, former adviser to President Donald Trump's presidential campaign, is changing lawyers as his financial transactions get more government scrutiny, sources close to the matter said. Manafort spokesman Jason Maloni announced in a statement Thursday that "Mr. Manafort is in the process of retaining his former counsel, Miller & Chevalier, to represent him in the office of special counsel investigation." The Washington law firm WilmerHale has represented Manafort to this point. Kevin Downing, a former official in the Department of […]

todayAugust 11, 2017 14

Business & Lifestyle

Los Angeles suburb creates video urging residents to prepare for nuclear attack

VENTURA COUNTY, Calif. (UPI) -- The local government of Ventura County, located about 60 miles outside of Los Angeles, has released a video urging its residents to be prepared for a nuclear attack. The video begins with Dr. Robert Levin, the chief public health officer for Ventura County, urging residents to be aware of what they should do in the event of a nuclear attack by visiting a website for more information. The video segues to a frightened young girl pleading […]

todayAugust 11, 2017 6

Business & Lifestyle

Disney sued for collecting private information from children via game apps

BURBANK, Calif. (UPI) -- A class action lawsuit has been filed against Disney and three software companies for allegedly collecting personal information about children playing games on Disney apps. The suit says software companies Upsight, Unity and Kochava gathered information about children under the age of 13 via the internet, which could be a violation of federal law under the Children's Online Privacy Protection Act. According to the lawsuit, 42 apps violate COPPA, including Disney Princess Palace Pets. "Most consumers, including parents, do not know that […]

todayAugust 10, 2017 4

Business & Lifestyle

Uber investor sues former CEO Kalanick for fraud

SAN FRANCISCO (UPI) -- One of the investors behind the ousting of Travis Kalanick from Uber earlier this summer sued the former CEO on allegations of fraud Thursday. Benchmark Capital Partners, one of the largest shareholders in the ride-hailing service, filed the lawsuit in Delaware Chancery Court. It accused Kalanick of breaching his fiduciary duty and contractural obligations by loading up Uber's board with friends. Though Kalanick resigned as CEO in June, he remains on the company's board. The lawsuit says Kalanick stacked the […]

todayAugust 10, 2017 3

Business & Lifestyle

Montgomery County issues statement regarding August 21 solar eclipse

HILLSBORO (Heartland Newsfeed) -- Montgomery County Emergency Management Agency (MCEMA) director Greg Nimmo informs residents of Montgomery County to take safety precautions should they choose to view the solar eclipse on August 21, which is scheduled to be partially viewable, roughly 90%, in the area between 11:00 a.m. and 1:28 p.m. that day. Nimmo stated on Monday that the eclipse will be partially visible in every state. A total solar eclipse, which is when the moon completely covers the sun, […]

todayAugust 8, 2017 14

Business & Lifestyle

Disney to pull content from Netflix, start streaming service in 2019

BURBANK, Calif. (UPI) -- Disney on Tuesday announced it will remove its content from Netflix and begin its own streaming service in 2019. "The new Disney-branded service will become the exclusive home in the U.S. for subscription-video-on-demand viewing of the newest live action and animated movies from Disney and Pixar, which includes Toy Story 4, the sequel to Frozen, and The Lion King from Disney live-action, along with other highly anticipated movies," Disney said in a press release. Disney's Marvel TV shows like Luke Cage and Jessica Jones are expected to […]

todayAugust 8, 2017 3

Business & Lifestyle

McDonald’s plans 2,000 new restaurants in China by 2022

OAK BROOK, Ill. (UPI) -- McDonald's announced plans Tuesday to increase the number of restaurants in China from 2,500 to 4,500 within five years. The company also announced completion of a partnership deal with Citic and Carlyle to sell a controlling interest in the fast-food company's China and Hong Kong operations for 20 years. That makes it the largest franchise outside the United States. In January, McDonald's announced plans to sell 80 percent of its holdings in mainland China and Hong Kong for […]

todayAugust 8, 2017 15

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