Month: September 2022

Technology

Apple Is Fined Over $2 Million For This Reason

HT News

Apple will pay a fine of over $2 million for selling iPhones without a charger in Brazil. Also, the government has barred the US tech giant from selling iPhones in Brazil until further notification. In reply, Apple gave the excuse of environmental protection for removing chargers from iPhones.

HIGHLIGHTS

• Apple is barred from doing business in Brazil for selling incomplete product
• Apple said it removed chargers from iPhones for environmental protection
• Brazil trashed the excuse and fined Apple 12.28 million reais

Why Did Brazil Fine Apple?

Apple Is Fined Over $2 Million

Brazil accused Apple of discriminatory practices in selling iPhones and ordered the California-based company to pay 12.28 million reais (nearly $2.4 million) in fine. Apple was selling iPhones without a battery charger. The Brazilian authorities also released an official note barring the sale of iPhone brand smartphones, regardless of model or generation that are not accompanied by a battery charger. The Department of Consumer Protection and Defense of Brazil effectively prohibits the sale of all iPhone 12 and 13 models.

What Are The Discriminatory Practices Apple Is Accused For?

Since December, the Brazilian authorities were investigating Apple for selling iPhone 12s and newer versions without chargers for power outlets. The authorities took the action for “the sale of an incomplete product,” “discrimination against the consumer” and “the transfer of responsibility to third parties”.

The statement read that Apple had been fined earlier for the same but it took no measure to minimize the harm to the consumers and continued to sell the iPhones without chargers. Apple said that the decision to exclude chargers from iPhone sales came from an “environmental commitment.”

How Did Brazil Respond To

… Read the rest
International News & Politics

Liz Truss Becomes The Third Female Prime Minister Of the UK

HT News

Liz Truss is the new prime minister of the UK. She received 57.7% votes while her closest rival Rish Sunak got only 42.6% votes. The results for the closely fought battle for the top post were announced around 12:35 pm on Monday.

HIGHLIGHTS

• Rishi Sunak did better than expected in the Tory Party elections
• He congratulated Liz Truss and offered all support
• Liz Truss is unlikely to accommodate Rishi Sunak in her government

What Are The Results Of The Tory Party Elections?

The total number of eligible voters was 172,437 out of which 654 votes were rejected. The share of Liz Truss and Rish Sunak’s votes was 60,399 and 81,326 respectively. The turnout of the votes was 82.6%. Sir Graham Brady, returning officer for the Conservative and Unionist Party leadership election announced Liz Truss as the elected candidate.

How did Rishi Sunak Lose The Elections?

Rishi Sunak Lose The Elections

Rishi Sunak did fairly well throughout the seven weeks long campaigning but he couldn’t withstand the accusation of “backstabber” that followed him throughout the campaign. Boris Johnson blamed Rishi Sunak for the downfall of his government. He even started an “anyone but Rishi” movement to defeat Rishi. On the contrary, Liz Truss presented herself as a loyalist to Boris.

Rishi Sunak also face personal attacks on his wife like she wasn’t paying taxes while Rishi Sunak was putting them up for others. His non-dom status was also a reason for his defeat. The Tory members also rejected his proposal that the government shouldn’t cut taxes before it had tamed elections. But if Liz Truss fails to win the 2024 general elections, Rishi Sunak could try another attempt at leadership.

… Read the rest
International News & Politics

Liz Truss Could Be The Third Female Prime Minister Of The UK

HT News

Liz Truss is leading in the race to become the next prime minister of the UK after Boris Johnson resigned from the top post in July following a slew of scandals and resignations from his government.

Here’re 10 Points About Liz Truss’ Candidature

Liz Truss Could Be The Third Female Prime Minister Of The UK
  1. Liz Truss (47) will become the third female prime minister of England after Theresa May and Margaret Thatcher. She has consistently been ahead of her closest rival Rishi Sunak (42) in polling among the estimated 200,000 Tory members eligible to vote.
  2. But 52% said she would make a “poor” or “terrible” prime minister and 43% said they didn’t trust her “at all” to deal with burning issues. The UK is facing its worst cost-of-living crisis due to double-digit inflation and high energy prices due to the Ukraine war.
  3. Liz Truss had campaigned on a promise to slash taxes and prioritize economic growth. She said she would present a full plan on how they were going to reduce taxes within one month of taking the charge.
  4. Liz Truss started her political career as a teenage member of the Liberal Democrats before switching to the right-wing Conservatives. In 2016, she campaigned for the European Union but changed her stance when Britons backed Brexit.
  5. Truss became finance minister in the Boris Jonson government last year. She also held a series of ministerial posts in departments including education, international trade, and justice.
  6. A picture of Liz Truss posing in a tank in Estonia and wearing a fur hat in Moscow has earned her comparisons to Tory icon Thatcher.
  7. Allies have sought to soften her visibly stiff style by revealing her love of karaoke and socializing.
  8. Rishi Sunak attacked Truss’s tax-slashing plans as reckless and vowed further
… Read the rest
Cricket Sports

For Mohammad Hafeez, India Is “Laadla” Of World Cricket

HT News

Former Pakistan cricket captain Mohammad Hafeez is of the view that India gets pampered in world cricket because the Board of Control for Cricket in India (BCCI) generates more revenue than others. Also, he gave a frank opinion on Indian cricket captain Rohit Sharma.

HIGHLIGHTS

• Mohammad Hafeez called BCCI “Laadla” because of the revenue it generates
• The former Pakistan cricket captain also said that the Indian skipper was under pressure
• India beat Pakistan and Hong Kong in Asia Cup

Why Did Mohammad Hafeez Call BCCI “Laadla”?

Mohammad Hafeez Call BCCI Laadla

Mohammad Hafeez shared a video discussion on PTV sports with the caption “Laadla” on his Twitter handle. He is seen saying that he doesn’t know a lot, but he knows that in their society, whoever is the earner is loved by everyone, is the most laadla (pampered), and gets the most kisses from everyone.

When the anchor asked if the Indians are “Laadlas” because they played so well or because they made more money, Hafeez replied that it was the latter factor.

He said that India was a revenue-making country. So even in bilateral series across the world, where they got sponsorship, they got a jackpot, it was hard to deny those things.

What Did Mohammad Hafeez Say About Rohit Sharma

Mohammad Hafeez first asked to play the video of the match when India beat Hong Kong by 40 runs and said that Rohit Sharma looked weak, afraid, and confused at the time of toss. But his body language changed after winning the match. He seemed confident. Hafeez said that captaincy was putting lots of pressure … Read the rest

Business News & Politics

Starbucks Corp Appointed Laxman Narasimhan Its CEO For This Reason

HT News

Laxman Narasimhan holds the reigns of beleaguered Starbucks Corp. He is named the next chief executive officer and he is expected to undertake a “reinvention” of the world’s biggest coffee chain.

HIGHLIGHTS

• Laxman Narasimhan has resigned from Reckitt to join Starbucks Corp
• Starbucks is facing a turbulent due to the business slowdown in China
• Mr. Narasimhan will utilize his experience in executing a reinvention plan for Starbucks

Who Is Laxman Narasimhan?

Laxman Narasimhan was previously associated with PepsiCo as its global chief commercial officer. He joined Reckitt as CEO in September 2019 and earned plaudits from Reckitt investors. His management style helped revitalize the company after a sales slump. His departure from Reckitt which makes Durex condoms, Enfamil baby formula, and Mucinex cold syrup resulted in a 4% fall in FTSE-listed Reckitt’s shares.

Why did Starbucks Corp Choose Laxman Narasimhan?

Starbucks Corp Choose Laxman Narasimhan

Starbucks is looking for a CEO who can execute its reinvention plan and Laxman Narasimhan is credited with revitalizing the maker of Lysol disinfectants. He led Reckitt through the pandemic by boosting its sales. Also, Mr. Narasimhan was instrumental in navigating a baby formula crisis in the United States, culminating in a raise in the annual forecast of Reckitt earlier this year.

In Starbucks, Mr. Narasimhan will face challenges related to employee dissatisfaction with better wages and work conditions. Also, more than 200 Starbucks stores in the US have unionized and COVID restrictions in China have slowed the business. China is the biggest overseas market for Starbucks.

Also, Starbucks is working on a reinvention model involving long visits to mobile pickup and delivery. It appointed Laxman Narasimhan as its CEO after considering … Read the rest

Top Celebrities

Jacqueline Fernandez Enjoyed Proceeds Of Crime From Conman Sukesh

HT News

Enforcement Directorate (ED) investigating the money trail in a ₹ 200 crore extortion case against the conman Sukesh Chandrashekhar said Jacqueline Fernandez knew about the criminal antecedents of the conman and that she “cooked up a false story” to wriggle out of investigations.

HIGHLIGHTS

• Jacqueline Fernandez continued to indulge in financial transactions with Sukesh Chandrashekhar despite knowing his criminal past
• The actress didn’t disclose that the conman gifted cars to her parents
• She also wiped her phone clean to delete any evidence related to Sukesh

What Did Enforcement Directorate Say About Jacqueline Fernandez?

The ED found that Jacqueline Fernandez was well aware of the criminal history of conman Sukesh Chandrashekhar. She knew that he was lodged in Tihar Jail and that he was married. The ED claimed that hair stylist Shaan informed her that Sukesh was married to Leena Maria Paul in February 2021.

The ED claimed Jacqueline Fernandez overlooked the criminal antecedents of Sukesh Chandrashekhar and even lied to the agency that she never knew about Sukesh. She enjoyed the proceeds of the crime as financial benefits from the conman.

The agency further said the conman gifted two cars to Jacqueline’s parents but the actress didn’t disclose it during the investigation. And when confronted with evidence, the actress admitted that Sukesh had bought her a property at Welgana in Sri Lanka.

The agency is also charging Jacqueline Fernandez with evidence tempering as wiped cleaned her phone to remove all evidence of her wrongdoing. Also, she requested her staff to delete all data related to the conman on their phone.

What Financial Benefits Did Jacqueline Fernandez Receive From Sukesh Chandrashekhar?

Jacqueline Fernandez Receive From Sukesh Chandrashekhar

Jacqueline Fernandez … Read the rest