dirigeants
New York (AFP) - A civil trial over allegations that Donald Trump and his sons fraudulently overvalued the net worth of company assets by billions of dollars is scheduled to last three months, a New York judge said Friday. Judge Arthur Engoron had already determined the non-jury trial would begin October 2 in Manhattan. Preliminary headings were set for the end of September. In an order made public on Friday, the judge specified that the trial would run until December 22. New York State Attorney General Letitia James on Friday again sent the state Supreme Court hundreds of pages of documen...
AFP
San José (United States) (AFP) - Fallen US biotech star Elizabeth Holmes was sentenced Friday to just over 11 years in prison for defrauding investors with her Silicon Valley start-up firm. The Theranos founder had been convicted on four felony fraud counts in January for persuading investors that she had developed a revolutionary medical device before the company flamed out after an investigation by The Wall Street Journal. The closely watched case became an indictment of Silicon Valley, and US federal prosecutors had sought a 15-year jail term for Holmes. She was sentenced to 135 months. US...
AFP
New York (AFP) - After years of trying to expand into other sectors, the CEO of holiday home giant Airbnb, wants to get back to the basics: helping people make money. "I had tried to create too many things at the same time," explained Brian Chesky to AFP. "Then the pandemic occurred. We had to get back to our core business," he said. The sudden halt to world tourism was a shock to the home rental company and forced layoffs of a quarter of Airbnb workforce in 2020. It also snapped the company's foray into travel "experiences", Airbnb's move into tourist activities. The health of Airbnb, along w...
AFP
New York (AFP) - Yvon Chouinard built an empire with his outdoor gear brand Patagonia, but the nature enthusiast has never done business like anyone else. And now, aged 83, he's just taken his most drastic step: he has decided to give away the company to fight climate change. It's an unusual move in the United States, a thoroughly capitalist society, but it's completely on brand for the California resident. "I've been a businessman for almost sixty years," Chouinard wrote in a book in 2006. "It's as difficult for me to say those words as it is for someone to admit being an alcoholic or a lawye...
AFP
New York (AFP) - Melinda French Gates on Thursday criticized her ex-husband Bill Gates for having met multiple times with Jeffrey Epstein, the financier accused of child sex crimes who committed suicide in 2019 while awaiting trial. In her first televised interview since the couple announced their divorce in May, French Gates also acknowledged that she had once met Epstein, saying that afterward she "had nightmares." "I wanted to see who this man was, and I regretted it from the second I stepped in the door," she said, without clarifying when the meeting occurred. She described Epstein in the ...
AFP
New York (AFP) - Amazon's new CEO Andy Jassy has been a trusted lieutenant to founder Jeff Bezos since the early days of the online behemoth, but he is taking over a company that faces new scrutiny to its expanding influence. Jassy was just 29 when he joined Amazon in 1997, three years after Bezos started a then-modest business from his Seattle garage. With an MBA degree in hand, Jassy left prestigious Harvard Business School "the first Friday of May in 1997 and started at Amazon the next Monday," he told the Disruptive Voice podcast in September. Jassy's arrival came just before Amazon issued...
AFP
Washington (AFP) - US President Joe Biden's push to get Congress to reform the tax code and ensure the richest Americans pay their "fair share" has received an unexpected boost from billionaires like Jeff Bezos and Elon Musk -- who, it turns out, don't have much of a tax bill at all. New York-based journalism nonprofit ProPublica on Tuesday revealed that Amazon boss Jeff Bezos and Tesla head Elon Musk, two of the three richest men in the world, paid little or no tax on their total wealth, not just their income. They managed the feat thanks to a tax code that Maya MacGuineas, president of the n...
AFP
Washington (AFP) - A US school shooting survivor has said he is launching a pillow-making company in an attempt to bankrupt a controversial Donald Trump ally who pushed baseless claims that November's presidential election was rigged. David Hogg, 20, survived the 2018 mass shooting at a high school in Parkland, Florida that left 17 people dead. He went on to co-found the March For Our Lives movement campaigning nationally for reform of America's lax gun control laws. In a series of tweets Thursday and Friday, Hogg said software engineer William LeGate had offered to help him start a pillow co...
AFP
New York (AFP) - With social media prognostications about Bitcoin or GameStop, Elon Musk has ventured further away from his own businesses and become more like a Wall Street heavyweight who can move markets with just a few words. In his latest foray, the Tesla and SpaceX founder appeared on Clubhouse -- a social network accessible only by invitation -- to interview the head of online broker Robinhood, in the hot seat for his management of the GameStop affair, a chain of video game stores whose share price recently rocketed and is shaking hedge funds. After discussing his ambitions for the colo...
AFP
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