LAS VEGAS, Aug 8- Apple Inc is offering cyber security researchers up to $1 million to detect flaws in iPhones, the largest reward offered by a company to defend against hackers, at a time of rising concern about governments breaking into the mobile devices of dissidents, journalists and human rights advocates. The $1 million prize would apply only to remote...
LAS VEGAS, Aug 8- Apple Inc is offering cyber security researchers up to $1 million to detect flaws in iPhones, the largest reward offered by a company to defend against hackers, at a time of rising concern about governments breaking into the mobile devices of dissidents, journalists and human rights advocates. A number of private companies, such as Israel's NSO...
NEW YORK/ PARIS, Aug 6- Barneys New York Inc filed for bankruptcy protection on Tuesday and put itself up for sale, pushed to the brink by falling revenue and soaring rent at its stores that caused many vendors to effectively stop shipping merchandise to the luxury department store chain. "We do not have a white knight as we stand here right now," said Joshua Sussberg, a...
SAN FRANCISCO, Aug 6- Hackers could crack open high-security electronic locks by monitoring their power, allowing thieves to steal cash in automated teller machines, narcotics in pharmacies and government secrets, according to research to be presented Friday at the annual Def Con hacking conference in Las Vegas. Mike Davis, a researcher with security firm...
Aug 6- U.S. department store operator and fashionista favorite Barneys New York Inc filed for bankruptcy protection on Tuesday and put itself up for sale, underscoring how even luxury retailers are struggling to freshen their image and compete with online rivals. The nearly century-old chain, best known for swanky shop windows on New York's Madison Avenue,...
Barneys secured $75 million in new financing from affiliates of Hilco Global and the Gordon Brothers Group to help it keep operating as it navigates the bankruptcy court, it said in a statement. The retailer will close its physical stores in Chicago, Las Vegas and Seattle, along with five smaller concept stores and seven Barneys Warehouse locations.
Aug 6- U.S. luxury department store chain Barneys New York Inc filed for Chapter 11 bankruptcy protection to restructure its business and pursue a sale, the New York Times reported early on Tuesday. The company plans to close stores in 15 of its 22 locations, including those in Chicago, Seattle and Las Vegas, as well as most of its outlets, it added.
Aug 6- U.S. luxury department store chain Barneys New York Inc filed for Chapter 11 bankruptcy protection to restructure its business and pursue a sale, the New York Times reported on Tuesday. Barneys struck a deal for $75 million in additional financing with two firms, Gordon Brothers and Hilco Global, to help it keep operating while it navigates bankruptcy...
NEW YORK, Aug 4- Days before Saturday's mass shooting that killed 20 people at a Walmart Inc store in El Paso, Texas, another shooting erupted at a Walmart in Southaven, Mississippi. "I feel confident in saying that it did in Southaven," said Walmart spokesman Randy Hargrove in a phone interview, adding that employees guided other associates and customers to the right...
HONG KONG, July 23- Cryptocurrency entrepreneur Justin Sun has postponed his $4.57 million charity lunch with Warren Buffett due to ill health, according to a tweet from Sun's TRON Foundation. "TRON Foundation announces postponement of Warren Buffett lunch, press conferences after founder Justin Sun falls ill with kidney stones," said a tweet from the...
NEW YORK, July 13- U.S. luxury department store operator Barneys New York Inc is exploring options that include a bankruptcy filing, as it struggles with high rents and changing consumer tastes, people familiar with the matter said on Saturday. The nearly 100- year-old retailer, known for its high-end designer collection, is working with law firm Kirkland& Ellis...
The Alphabet Inc subsidiary is testing complimentary Wi-Fi in its robotaxis in greater Phoenix, where hundreds of the company's identical, driverless minivans have been carrying paying riders since December. "When I push the Waymo button I know exactly the product I'm buying," said Jordan Ranous, 26, a Phoenix bank analyst who said he takes four Waymo round...
June 19- UnitedHealth Group Inc won anti-trust approval to buy DaVita Inc's primary and urgent care unit for $4.3 billion, the Federal Trade Commission said on Wednesday. The FTC approved the deal on condition that it sell a Las Vegas facility to Utah- based to Intermountain Healthcare. The deal was announced in December 2017 as $4.9 billion but was reduced last...
LAS VEGAS, June 6- Amazon.com Inc Chief Executive Jeff Bezos said on Thursday he expects there will be commercial robots in the next 10 years that can grasp items as reliably as humans, a development that could automate warehouse work around the world. The remark, made on stage at Amazon's "re: MARS" conference in Las Vegas, underscored how companies and university...
LAS VEGAS, June 6- Jeff Bezos, Amazon.com Inc's chief executive and founder, said on Thursday he expects the challenge of building robots for commercial use that can grasp items as efficiently as human hands will be solved in the next 10 years.
LAS VEGAS, June 5- Amazon.com Inc has a new drone that will be delivering packages to customers in months, the chief executive of the company's consumer business said on Wednesday. The new drone takes off and lands vertically like a helicopter, is more stable than prior models and can spot moving objects better than humans can, making it safe, division CEO Jeff Wilke...
SYDNEY, May 31- Australian casino giant Crown Resorts Ltd saw its shares tumble on Friday, after a surprise $1.2 billion selldown by founder James Packer to Hong Kong's Melco Resorts& Entertainment Ltd dampened hopes for a full buyout. Crown shares fell 5% in morning trade on Friday to their lowest since April 8, the day before Crown disclosed the Wynn indicative...
Edwin Fujinaga, 72, the former chief executive of MRI International Inc, was sentenced by Chief Judge Gloria Navarro of the Nevada federal court, following his conviction last November on 20 counts of mail fraud, wire fraud and money laundering. Fujinaga was also ordered to forfeit $813.3 million and make $1.13 billion of restitution, according to the U.S....
Las Vegas- based Wynn received its Massachusetts license in 2013, allowing it to go ahead with building the 671- room Encore Boston Harbor in Everett, Massachusetts. A deal would be complicated for MGM, which has a casino in Springfield, as according to the state's gaming commission Massachusetts forbids companies from holding more than one casino license in...
Las Vegas- based Wynn received its Massachusetts license in 2013, allowing it to go ahead with building the 671- room Encore Boston Harbor in Everett, Massachusetts. A deal would be complicated for MGM, which has a casino in Springfield, as Massachusetts forbids companies from holding more than one casino license in the state, according to a Boston Globe report,...
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