Amazon CEO Jeff Bezos may step down without stepping away

FILE - In this Sept. 19, 2019, file photo, Amazon CEO Jeff Bezos speaks during his news conference at the National Press Club in Washington. Amazon said Tuesday, Feb. 2, 2021, that Bezos is stepping down as CEO later in the year, a role he's had since he founded the company nearly 30 years ago. Photo Courtesy: AP

(AP): Even after stepping aside as CEO, Amazon founder Jeff Bezos appears likely to keep identifying new frontiers for the world’s dominant e-commerce company. His successor, meanwhile, gets to deal with escalating efforts to curtail its power. Tuesday’s announcement that Bezos will hand off the CEO job this summer came as a surprise. But it… Continue reading Amazon CEO Jeff Bezos may step down without stepping away

‘Mank’ leads Golden Globe nominees with 6; Netflix dominates

In this image released by Netflix, Gary Oldman portrays Herman Mankiewicz in a scene from "Mank." On Wednesday, Feb. 3, 2021 the film was nominated for a Golden Globe for best motion picture drama. (Nikolai Loveikis/Netflix via AP)

NEW YORK (AP): After a year where the pandemic nearly emptied movie theaters, Netflix dominated nominations to the 78th Golden Globe Awards on Wednesday, with David Fincher’s “Mank” leading film nominees with six nods and “The Crown” topping all television series. The Globes, delayed about two months due to the coronavirus, tried to muster some… Continue reading ‘Mank’ leads Golden Globe nominees with 6; Netflix dominates

Myanmar charges Suu Kyi, giving legal basis to detain her

A convoy of army vehicles patrol the streets in Mandalay, Myanmar, Wednesday, February 3, 2021. In the early hours of Monday, Feb. 1, 2021, the Myanmar army took over the civilian government of Aung San Suu Kyi in a coup over allegations of fraud in November's elections. Photo Courtesy: AP

YANGON, Myanmar (AP): Police leveled their first formal charge against Myanmar’s Aung San Suu Kyi, her allies said Wednesday, accusing her of possessing illegally imported walkie-talkies and giving the military authorities who staged a coup a legal reason to detain her for two weeks. The charge came to light two days after she was placed… Continue reading Myanmar charges Suu Kyi, giving legal basis to detain her

Home Ministry assures no strike will take place on Thursday

Photo Courtesy: Setopati.com

Kathmandu: The Ministry of Home Affairs has warned to take action against those involved in any unwanted activities during the strike organized by the Prachanda-Nepal-led Communist Party of Nepal on Thursday. In addition, the ministry has urged the industrialists and businessmen to operate their businesses with confidence. A statement issued by the Joint Secretary and… Continue reading Home Ministry assures no strike will take place on Thursday

Private sector urges not to go on strike

Kathmandu: Representatives of the private sector have urged the stakeholders not to hold any strike program. After the Prachanda-Nepal faction announced a nationwide general strike on Thursday, they made the request in a joint statement today. The Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the Confederation of Nepalese Industries (CNI) and the Nepal… Continue reading Private sector urges not to go on strike

Prachanda-Madhav group announces strike on Thursday

Kathmandu: The CPN-Prachanda-Madhav faction has announced a strike on Thursday, alleging that the appointments were made by force in the constitutional bodies. On the recommendation of the government, President Bidhyadevi Bhandari on Wednesday appointed the officials on Commission for Investigation of Abuse of Authority and the Election Commission. The Prachanda-Madhav faction has announced a nationwide… Continue reading Prachanda-Madhav group announces strike on Thursday

Ten teams receive expedition permit for winter season

File Photo Photo Courtesy: Nepal Tourism Board

Kathmandu: The tourism sector is on the rise after the corona virus epidemic. Signs of recovery have started to be seen in mountaineering sector. According to the Department of Tourism, 45 people from 10 climbing teams have taken permission to climb the mountain during the winter season till Tuesday. Among the total climbers, seven are… Continue reading Ten teams receive expedition permit for winter season

Congress spokesperson objects govt’s decision of constitutional appointment

Kathmandu: The Nepali Congress has termed the appointment of constitutional body officials without a parliamentary hearing as a ‘chain of totalitarianism’ of the government. Giving a brief response to News Agency Nepal, Spokesperson Bishwaprakash Sharma said that the government will conduct struggle programs against the totalitarian tendency. He responded that the government is moving towards… Continue reading Congress spokesperson objects govt’s decision of constitutional appointment

GameStop: Real Wolf of Wall Street warns ‘you could lose it all’

FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. Photo Courtesy: Reuters

(BBC): Amateur investors swept up in the trading frenzy surrounding US retailer GameStop “could lose everything”, the former stock broker who inspired the Wolf of Wall Street film has warned. Jordan Belfort, who was jailed for market manipulation in 1999, said such investments could be “great on the way up, but painful on the way… Continue reading GameStop: Real Wolf of Wall Street warns ‘you could lose it all’

Facebook bans page linked to Myanmar military TV after coup

(Reuters): Facebook Inc said on Tuesday it had removed a page linked to Myanmar’s military-owned TV network after a coup this week by the country’s military leaders. U.N. human rights investigators previously said hate speech on Facebook had played a key role in fomenting violence in Myanmar. The platform banned the TV network in 2018.… Continue reading Facebook bans page linked to Myanmar military TV after coup