Anderson W. White, Author at IIB Network

Sports Illustrated’s Owner Sues Energy Drink Mogul After Chaos at Magazine

01

Apr

Investments and Business

Sports Illustrated’s Owner Sues Energy Drink Mogul After Chaos at Magazine

Sports Illustrated’s owner on Monday sued Manoj Bhargava, the energy drinks mogul whose foray into media has been rife with chaos and conflict, accusing him of failing to pay millions of dollars for the rights to publish the iconic magazine.The 51-page lawsuit, filed in U.S. District Court for the Southern District of New York, says that Mr. Bhargava and Arena Group, the publisher he controls, owe $48.75 million in missed payments, as well as damages for infringing on Sports Illustrated’s copyrights and trademarks.The lawsuit represents the latest public skirmish between Authentic Brands Group, which owns Sports Illustrated, and Mr. Bhargava,…

The Bizarre Chinese Murder Plot Behind Netflix’s ‘3 Body Problem’

01

Apr

By Anderson W. White

Economy

The Bizarre Chinese Murder Plot Behind Netflix’s ‘3 Body Problem’

Lin Qi was a billionaire with a dream. The video game tycoon had wanted to turn one of China’s most famous science-fiction novels, “The Three-Body Problem,” into a global hit. He had started working with Netflix and the creators of the HBO series “Game of Thrones” to bring the alien invasion saga to international audiences.But Mr. Lin did not live to see “3 Body Problem” premiere on Netflix last month, drawing millions of viewers.He was poisoned to death in Shanghai in 2020, at age 39, by a disgruntled colleague, in a killing that riveted the country’s tech and video-gaming circles…

Bacteria That Cause Meningitis Are Spreading Again, C.D.C. Warns

01

Apr

By Anderson W. White

Economy

Bacteria That Cause Meningitis Are Spreading Again, C.D.C. Warns

By the Numbers: A rising fatality rate.The illness is caused by infection with a bacterium called Neisseria meningitidis. Last year, 422 cases of invasive meningococcal disease were reported in the United States, the highest number since 2014, according to the Centers for Disease Control and Prevention.But as of Monday, 143 cases have been reported to the C.D.C. so far this year, 62 more than the number of cases reported last year during the same period.The illness is extremely dangerous. Even with appropriate treatment, 10 to 15 percent of patients who develop meningococcal disease will die. Many recent cases were caused…

Aaron Rodgers and a VP bid that never was: ‘That would’ve been really interesting’

01

Apr

By Anderson W. White

Economy

Aaron Rodgers and a VP bid that never was: ‘That would’ve been really interesting’

OAKLAND — The quarterback wasn’t there. No mention of his name across two hours. Maybe there was no need.The mere prospect of a pairing had already served its purpose — driving news cycles, stirring speculation, drumming up intrigue around a longshot bid for the White House by an outsider intent on defying political norms. But Aaron Rodgers running for Vice President of the United States?This not only defied political norms, it strained credulity.It was all but impossible to envision Rodgers balancing the rigors of his day job as quarterback of the New York Jets with a high-stakes political campaign, particularly…

AT&T Passcodes for Millions Are Reset After Leak of Customer Records

30

Mar

By Anderson W. White

Science and Technology

AT&T Passcodes for Millions Are Reset After Leak of Customer Records

The telecommunications giant AT&T announced on Saturday that it had reset the passcodes of 7.6 million customers after it determined that compromised customer data was “released on the dark web.”“Our internal teams are working with external cybersecurity experts to analyze the situation,” AT&T said. “To the best of our knowledge, the compromised data appears to be from 2019 or earlier and does not contain personal financial information or call history.”The company said that “information varied by customer and account,” but that it may have included a person’s full name, email address, mailing address, phone number, Social Security number, date of…

Fed Chair Says Central Bank Need Not ‘Hurry’ to Cut Rates

30

Mar

By Anderson W. White

Investments and Business

Fed Chair Says Central Bank Need Not ‘Hurry’ to Cut Rates

Jerome H. Powell, the chair of the Federal Reserve, said on Friday that resilient economic growth is giving the central bank the flexibility to be patient before cutting interest rates.Fed officials raised interest rates sharply from early 2022 to mid-2023, and they have left them at about 5.3 percent since last July. That relatively high level essentially taps the brakes on the economy, in part by making it expensive to borrow to buy a house or start a business. The goal is to keep rates high enough, for long enough, to wrestle inflation back under control.But price increases have cooled…

Eleanor Collins, Canada’s ‘First Lady of Jazz,’ Dies at 104

30

Mar

By Anderson W. White

Economy

Eleanor Collins, Canada’s ‘First Lady of Jazz,’ Dies at 104

A singer known for her mastery of standards, she found stardom in Canada on TV and in nightclubs. But she was virtually unknown in the United States. More information

Why Are Older Americans Drinking So Much?

30

Mar

By Anderson W. White

Economy

Why Are Older Americans Drinking So Much?

The phone awakened Doug Nordman at 3 a.m. A surgeon was calling from a hospital in Grand Junction, Colo., where Mr. Nordman’s father had arrived at the emergency room, incoherent and in pain, and then lost consciousness.At first, the staff had thought he was suffering a heart attack, but a CT scan found that part of his small intestine had been perforated. A surgical team repaired the hole, saving his life, but the surgeon had some questions.“Was your father an alcoholic?” he asked. The doctors had found Dean Nordman malnourished, his peritoneal cavity “awash with alcohol.”The younger Mr. Nordman, a…

Sex offender, ex-Jaguars employee who hacked jumbotron sentenced to 220 years in prison

30

Mar

By Anderson W. White

Economy

Sex offender, ex-Jaguars employee who hacked jumbotron sentenced to 220 years in prison

A U.S. District judge in Florida sentenced a convicted sex offender to 220 years in federal prison for producing, receiving and possessing child sex abuse material, and for hacking the jumbotron in the Jacksonville Jaguars’ stadium after the team did not renew his contract upon learning that he was a registered sex offender.U.S. District Judge Brian J. Davis sentenced Samuel Arthur Thompson, 53, for the offenses Tuesday, the U.S. Attorney’s Office for the Middle District of Florida said in a release. A federal jury convicted Thompson in November 2023 of the offenses, as well as of producing child sex abuse…

Sam Bankman-Fried Sentenced to 25 Years in Prison for FTX Fraud

29

Mar

By Anderson W. White

Science and Technology

Sam Bankman-Fried Sentenced to 25 Years in Prison for FTX Fraud

Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange who was convicted of stealing billions of dollars from customers, was sentenced to 25 years in prison on Thursday, capping an extraordinary saga that upended the crypto industry and became a cautionary tale of greed and hubris.Mr. Bankman-Fried’s sentence was shorter than the 40 to 50 years that federal prosecutors had sought after a jury found him guilty of fraud, conspiracy and money laundering — charges that carried a maximum penalty of 110 years behind bars. But the punishment was far above the six and a half years requested by his…