Topline Sen. John Fetterman (D-Penn.) remains in a Washington D.C. area hospital and is “on a path to recovery,” the first-term senator’s team announced Monday afternoon, after Fetterman was hospitali...
Tag: Forbes
U.S. Government Divided On Covid Lab Leak Theory—Here’s Where Each Agency Stands
Topline The U.S. Energy Department has reportedly concluded with “low confidence” the coronavirus leaked from a lab, reigniting a debate over the origins of the pandemic, with some federal agencies be...
Twitter, Cerebral And Palantir Cutting Staff
Twitter CEO Elon Musk has reportedly begun laying off 200 of the social media giant’s remaining 2,000 employees in yet another round of job cuts, while software company Palantir slashes 2% of its staf...
Binance bites back against Forbes report claiming transfer of $1.8 billion in client collateral
Binance denied using client assets without consent after a Forbes report said the crypto exchange moved “$1.8 billion of collateral meant to back its customers’ stablecoins.” Forbes ...
Roald Dahl Book Edits Will No Longer Appear In All Books After Widespread Backlash — Including From Camilla
Topline After public outrage and a call from the United Kingdom’s Queen Consort Camilla, the publisher of Roald Dahl’s books announced it would alter its original plan to censor the acclaimed British ...
2023 Layoff Tracker: Ericsson Cutting 8,500 Employees
Ericsson, the telecommunications equipment giant, is planning to cut 8,500 employees as part of a major cost reduction effort, the company confirmed to Forbes Friday morning, making it the latest majo...
Prominent Forbes Journalist Files Amended Motion to Obtain Hinman Documents, Here’s Why
Yuri Molchan Dr. Roslyn Layton has submitted amended motion to court to be allowed to access Hinman speech-related documents Pro-Ripple defense lawyer James K. Filan, who closely tracks the SEC lawsui...
Harvey Weinstein Sentenced To 16 Years In Prison On L.A. Sexual Assault Charges
Topline Disgraced film producer Harvey Weinstein was sentenced Thursday to 16 years in prison after being convicted in Los Angeles in December of one count of rape and two counts of sexual assault, ad...
Forbes reporter wants Hinman documents badly
Forbes writer Dr. Roslyn Layton has submitted an updated petition to the court to get permission to participate in the case and access the Hinman Speech documents. A few weeks ago, Layton made the fir...
Forbes Journalist Files Amended Motion for Ripple vs SEC Case, Seeking Access to Hinman Documents
Many in the cryptocurrency industry believe that the most crucial legal issue is that between the SEC and Ripple. Yet, the commission’s regulatory approach is predicted to change if Ripple triumphs. T...
Tyler ‘Ninja’ Blevins Joins GameSquare As Innovation Chief To Help Esports Firm Reach Profitability
Tyler ‘Ninja’ Blevins joins the Jerry Jones-backed gaming company GameSquare as Chief Innovation Officer. GameSquare Tyler Blevins has done more than anyone to drag gaming into mainstream consciousnes...
Forbes Contributor Amends Motion Requesting Access to Hinman Documents
Notably, the initial motion wrongly claimed that the SEC used the Hinman documents to support its arguments in its motion for summary judgment. Forbes contributor and policy researcher Dr. Roslyn Layt...
McKinsey Reportedly Cuts 2,000 Employees
Major consulting firm McKinsey & Company plans to cut 2,000 employees, Bloomberg reported Tuesday, citing sources familiar to the matter—following major layoffs this month at DocuSign, KPMG, Twili...
Forbes Contributor Thanks XRP Army, Publish Censored Article Criticizing SEC Elsewhere
“Time to Unseal the Hinman Documents,” Dr. Layton writes. Dr. Roslyn Layton, a tech policy contributor at Forbes, has turned to the DC Journal to share her views on the United States Securities and Ex...
Forbes deletes piece on ETH and XRP amid crypto community outrage
Senior Forbes contributor Roslyn Layton wrote an essay on SEC’s policy regarding ETH and XRP. Later it was mysteriously removed from the website. This comes as the XRP community responded with fury to...
Forbes Takes Down Article “Why SEC Treats Ripple & Ethereum Differently”
Forbes Takes Down Article That Critiques SEC’s Treatment of Ripple. Unsurprisingly, it has sparked outrage within the XRP community. Forbes has unexplainably taken down an article by Senior Forbes Con...
Steve Forbes Warns Of “Mischief” Brewing In Key Biden Tax Scheme
Congress last year imposed a 1% tax on stock buybacks. If Apple purchases $1 billion of its stock, it will owe Uncle Sam $10 million. In his interminable State of the Union address, Joe Biden proposed...
Forbes Senior Contributor Files Motion to Release Hinman’s Documents
Forbes Senior Contributor Roslyn Layton has filed a motion to intervene in the lawsuit between Ripple and the Securities and Exchange Commission. The motion, filed yesterday by attorney Carl Cecere on...
Matt Gaetz Will Not Face Charges In Sex-Trafficking Probe
Topline Florida Rep. Matt Gaetz (R) will not face charges in a Justice Department investigation into his alleged sexual misconduct with teenage girls, Gaetz’s office confirmed Wednesday, after federal...
Billionaire Washington Nationals Owner Ted Lerner Dies At 97
Topline Ted Lerner, the billionaire real estate magnate and owner of the Washington Nationals, passed away at the age of 97 on Sunday, a team spokesperson confirmed with Forbes on Monday, just over th...
Where 500 CxOs See Digital Transformation Headed In 2023
C-suite leaders have an insatiable appetite for cutting-edge tech moving into 2023. Over 500 CxOs believe that technology will drive resilience and future competitive advantage as well as be essential...
Yahoo,Nomad Health And GitHub Reduce Head Counts
Tech giant Yahoo is cutting one fifth of its workforce in a major restructuring plan, a company spokesperson told Forbes Thursday, while tech companies Nomad Health and GitHub also announced major red...
2023 Layoffs: Disney To Cut 7,000
Disney unveiled plans on Wednesday to lay off as many as 7,000 employees in a massive restructuring plan, following major layoffs at Zoom, eBay, Boeing and Dell—the latest U.S. companies to reduce the...
Spy Balloon Part Of Worldwide Chinese Surveillance Program Meant To Evade Radar, Report Says
Topline The suspected Chinese surveillance balloon shot down Saturday afternoon by U.S. fighter jets over Myrtle Beach, South Carolina, is part of a worldwide Chinese program to spy on military bases ...
2023 Layoffs: Zoom Cuts 1,300 Jobs
Zoom—which took off as employers quickly pivoted to remote meetings during the Covid-19 pandemic, announced plans on Tuesday to cut 1,300 employees—becoming the latest U.S. company to implement job cu...
The 2023 Forbes Blockchain 50 Reveals Top Enterprises Continuing To Invest In Future Blockchain Innovations
Over the last year, the blockchain and cryptocurrency industries have seen severe volatility and scandal, with crypto prices plummeting and large-scale investment scams affecting millions of people. H...
A Mother’s Journey To Save Her Son Through Cannabidiol Therapy
“Mighty Flower” by Dr. Annabelle Manalo-Morgan is released with Forbes Books This release is posted on behalf of Forbes Books (operated by Advantage Media Group under license). NEW YORK (February 7, 2...
New Book From Virtira Executives Guides How To Transform Remote Workforces
“The Power of Remote” by Cynthia Watson and Shane Spraggs is released with Forbes Books This release is posted on behalf of Forbes Books (operated by Advantage Media Group under license). NEW YORK (Fe...
Washington Resident Wins $754 Million Powerball Jackpot—Here’s How Much They Will Take Home After Taxes
Topline A single ticket sold in Washington state was declared the winner of the $754 million Powerball jackpot on Monday, the ninth-largest lottery jackpot in U.S. history, although the actual amount ...
Young Entrepreneur’s Unfiltered Advice For Aspiring Founders
“True Founder” by Marc Lafleur is released with Forbes Books This release is posted on behalf of Forbes Books (operated by Advantage Media Group under license). NEW YORK (February 7, 2023) — True Foun...
Dell Reportedly Cuts 6,650 Jobs
Tech giant Dell is laying off 6,650 workers—5% of its workforce—Bloomberg reported Monday, becoming the latest U.S. company to implement job cuts as recession fears continue into 2023. February 6Texas...