Author: psdk

Amazon has blocked more than 1,800 job applications linked to suspected North Korean operatives. Amazon chief security officer Stephen Schmidt revealed the operation publicly. He shared the details in a LinkedIn post. The applicants targeted remote IT roles across the company. They used stolen or fake identities to bypass hiring safeguards. Remote Work Exploited to Finance North Korea Schmidt said the applicants followed a deliberate and organized strategy. They sought employment, collected salaries, and funneled wages to North Korea. The funds supported weapons development and other state programs. Schmidt warned the activity likely affects the broader technology sector. He said…

Jim Beam will pause production at its main Kentucky distillery for the entire next year. The company confirmed the shutdown will last through 2026. Executives said the move follows a review of demand and production capacity. Management said it regularly adjusts output to meet consumer demand. Leaders recently met staff to discuss projected production volumes for 2026. That review led to the decision to halt production. Closure creates opportunity for upgrades The distillery will remain closed while the company carries out significant site improvements. Executives said the pause allows upgrades without disrupting other operations. Management described the decision as a…

Pension income increasingly shapes life after work as Europe’s population ages and public finances tighten. Retirement outcomes differ sharply between countries, influencing financial security and quality of life. Some retirees live comfortably, while others face ongoing hardship. Pensions remain the main income source for older Europeans. Public transfers, mainly state pensions and benefits, provide about two thirds of senior income across the EU. This reliance links retirement wellbeing closely to government policy. Even with this support, seniors earn less than the wider population. Across 28 European countries, people over 65 receive about 86% of average income. This gap continues to…

Anthony Joshua stopped boxing novice Jake Paul in the sixth round in Miami. The bout ranked among the most uneven contests in modern boxing. Paul spent much of the fight retreating and avoiding exchanges. He relied on movement and caution instead of sustained offense. Joshua grew increasingly frustrated as Paul refused to engage. The former two-time world champion took full control in the fifth round. Joshua closed the ring and forced action. He dropped Paul twice under relentless pressure. The sequence exposed the wide gap in skill, size, and experience. Paul fell again early in the sixth round. Joshua landed…

ByteDance has signed binding agreements with American and international investors to keep TikTok operating in the United States. Chief executive Shou Zi Chew confirmed the deal in a memo to employees on Thursday. The agreement reshapes U.S. ownership and removes the immediate threat of a ban. Investors Take Leading Role The deal forms a joint venture giving outside investors 50% control of TikTok’s U.S. operations. Oracle, Silver Lake, and Emirati firm MGX lead the investor group. Shou Zi Chew outlined the structure in an internal memo. The transaction is scheduled to close on 22 January. Executives said the arrangement ensures…

The Trump administration announced a major weapons sale to Taiwan valued at about $11bn. The package includes advanced rocket launchers, self-propelled howitzers, and multiple missile systems. US officials released details late Wednesday. Congress must approve the sale before it can proceed. The administration described the deal as critical to regional security. This is the second arms sale to Taiwan since Donald Trump returned to the White House in January. The administration continues to expand military cooperation with Taipei. Officials said the package responds to increasing security threats. The deal significantly strengthens Taiwan’s defensive capabilities. China steps up military activity China…

Board to guide shareholders Warner Bros Discovery plans to advise shareholders to reject Paramount Skydance’s $108.4bn takeover bid. Reports say the board could issue guidance as early as Wednesday. Executives cite major financial and strategic risks. They argue the deal lacks clarity and long-term value. Paramount claims its offer exceeds a $72bn agreement Warner Bros struck with Netflix. That deal covers film and streaming assets. Paramount presents its proposal as superior. Warner Bros executives strongly dispute that assessment. Financing concerns shape decision Warner Bros plans to highlight funding risks as a key reason for rejection, according to the Financial Times.…

US President Donald Trump has filed a $5 billion defamation lawsuit over an edited January 2021 speech. He filed the case in Florida, accusing the UK public broadcaster of defamation and trade practices violations, according to court documents. The organisation apologised last month for the edit but rejected compensation demands and denied any legal basis for defamation. Trump’s legal team said editors deliberately altered his words. The lawsuit described the edit as malicious and deceptive, intended to harm his reputation. The broadcaster has not yet responded publicly. Documentary broadcast sparks legal confrontation Trump announced plans to sue after the documentary…

Manchester United head coach Ruben Amorim admits the team is underperforming. He says criticism from former players is natural at a club like United. Amorim accepts responsibility for results. He believes the squad should have earned more points. United face Monday’s Premier League match against Bournemouth under pressure. A win would keep them inside the top six for a second consecutive week. That outcome has been rare this season. Inconsistent Results Highlight Deeper Challenges United last managed consecutive weeks in the top six late in the 2023-24 season. That run ended with a heavy defeat at Crystal Palace. The loss…

Disaster, catastrophe, nightmare. Hollywood’s creative workforce describes Warner Bros’ collapse in stark terms. The once-powerful studio now faces a breakup or acquisition. Netflix and Paramount Skydance are locked in a fierce struggle. The industry braces for job losses and uncertainty. Warner Bros’ decline hits an already fragile entertainment sector. A historic production slump has battered film and television. The studio’s potential disappearance threatens thousands of jobs. It also removes a major buyer for new films and TV projects. For decades, Warner Bros shaped global cinema. The studio produced Casablanca, Goodfellas, Batman, and Harry Potter. Many workers fear its cultural legacy…