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Exiled Chinese Billionaire Guo Wengui Faces Fraud Charges for $1 Billion Scam in NYC

Exiled Chinese Billionaire Guo Wengui Faces Fraud Charges for $1 Billion Scam in NYC

Self-exiled Chinese billionaire Miles Guo Wengui faced court over his fraud charges, with prosecutors alleging him of financing his luxurious lifestyle.


Blackstone Boss Stephen Schwarzman to Support Trump’s White House Bid in Surprise Reversal of Stance

Blackstone Group chairman and CEO Stephen A. Schwarzman announced that he would be supporting the re-election bid of former US President Donald Trump this November.

China Bans Wealthy Influencers from Social Media After Flagging their 'Luxury' Content as Bad Behavior

China has recently cracked down on "bad behavior" content, suspending super-wealthy social media influencers to discourage extravagance and materialism.

Teen Boys Are Investing Into Expensive Perfumes, Thanks to TikTok's Side of 'Smellmaxxing'

The "Smellmaxxing" trend on TikTok encourages teenage boys and girls in the US to increasingly invest in upscale designer perfumes, becoming a new demographic target for brands.


Latest News

PC Pioneer Chester Gordon Bell Dies at 89
The family of personal computer pioneer Chester Gordon Bell announced his death on May 17. Chester Gordon Bell, who pioneered the era of more powerful personal computers in smaller and more portable frames in the 1960s, died on May 17 at the age of 89.
Spain: Majorca Beach Club Collapse Leaves 4 Dead, Dozens Injured After Being Crushed Under Falling Rubble
At least four individuals have died and sixteen others have been injured in Palma, Majorca, following the collapse of a beach club's terrace, with seven in critical condition.
Elon Musk Slams Lucasfilm President for "Woke" Themes in Latest "Star Wars" Spinoff
Elon Musk stated that neither he nor Tesla were involved in President Joe Biden's decision to implement a 100% tariff on Chinese electric vehicles.
78-Year-Old Entrepreneur Receives $11M Settlement After Devastating San Francisco Cable Car Accident
Ruth Owades, a 78-year-old entrepreneur, won an $11 million settlement after suffering life-changing injuries, including a traumatic brain injury and spinal fractures, in a San Francisco cable car accident.
Lazada Vietnam resumes logistics services in Ho Chi Minh City
Former Lazada employees who were suddenly laid off earlier this year are set to receive additional payouts, with some receiving an extra two weeks' pay per year of service and others $1,200.
FRANCE-POLITICS-DIPLOMACY-SUMMIT-FINANCE-CLIMATE
Melinda French Gates revealed that she left the Gates Foundation to focus on empowering women leaders and combating tech's male-dominated culture, drawing from her four decades of experience at Microsoft and Pivotal Ventures.
OpenAI Under Fire for Threat to Claw Back Vested Equity From Former Employees
OpenAI faces controversy after leaked documents revealed the company allegedly threatened to claw back vested equity from departing employees.
Elon Musk, Nicole Shanahan Alleged Affair Involves a One-Night Sexual Encounter After Taking Ketamine: Report
New details on the alleged affair that Elon Musk and Nicole Shanahan both denied were recently revealed by The New York Times (NYT).
'Britain’s Bill Gates' Mike Lynch Accused of Duping Hewlett Packard Into Buying His Firm for $11B to Testify in US Fraud Trial
British tech tycoon Mike Lynch is set to testify in his own criminal fraud trial in a San Francisco court on Thursday.
RFK Jr. Pledges $5 Billion Reparations to Black Farmers in Presidential Bid, Defends Move Amidst Racism Accusations
Robert F. Kennedy Jr., an independent presidential candidate, vows to allocate $5 billion in reparations to black farmers if elected, dismissing accusations of racism while addressing their historical lack of financial assistance.
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