Beyond Financial News

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Beyond Inc, formerly known as Overstock.com, on Monday said its chief excecutive, Jonathan Johnson, has stepped down amid activist investor pressure. Hedge fund JAT Capital, which owns a 9.6% stake in Beyond Inc, last week urged the board to replace CEO Johnson, arguing that he is to blame for the company's poor financial performance.

Apple Authorised Service Providers has confirmed that the problem with the Apple Watch will be resolved in an upcoming watchOS update. Despite Apple's memo lacking specific details about the problem's extent or the update's release date, reports from Mac Rumors suggest that Apple is gearing up for an iOS 17.1.1 update for the iPhone and a WatchOS update likely containing the fix for the battery drain issue. Moreover, it is likely that the battery drain problem impacting the Apple Watch is extensive, impacting various users, spanning from the latest models like Apple Watch Series 9 and Apple Watch Ultra 2 to older models like Apple Watch Series 4, reported India Today.

College Vidya, an educational platform, has introduced an initiative named CV Community, an online network that aims to link together more than 90,000 students worldwide. College Vidya’s vision with this endeavour is to redefine the landscape of digital education by fostering meaningful connections and offering networking opportunities for online learners, according to an official release.

Koffee With Karan' Season 8, Bollywood actor Sara Ali Khan addressed the ongoing dating rumours surrounding her and Indian cricketer Shubman Gill. The speculation had been rife after Sara and Shubman were spotted together on a dinner date recently. However, putting an end to the rumours, Sara firmly denied the relationship allegations on the popular chat show.

Last week, the White House issued an executive order for command and control of artificial intelligence, strangely invoking the Defense Production Act. President Biden apparently got nervous after watching the latest “Mission: Impossible" movie. Really.

World Cup semifinals, Australia will look to banish middle-order woes and secure a final four spot against a fearless Afghanistan here on Tuesday. Only two places remain up for the taking with rampant India slated to finish atop the World Cup points table.

Reliance Digital for just Rs. 4,999, providing a substantial discount of nearly 58 percent. The services it offers are subscription-based, and the first year is complimentary.

India's tech landscape, the Indian government has ordered all smartphone companies to start supporting NavIC, India's navigation satellite system. The announcement, made in September 2023, makes it mandatory for 5G smartphones to support NavIC, short for Navigation with Indian Constellation, by 1 January 2025, and other phones by December 2025. The new rule comes after Apple's groundbreaking decision to incorporate NavIC support in some of its latest iPhone 15 models.

Director General of Jammu and Kashmir police R R Swain announced a reward of Rs 10 lakh in each of the recent separate targeted attacks in Kashmir in which a head constable of police and a non local labourer were killed and an inspector of police was seriously injured. He said that militant networks won’t accept defeat easily as they have made huge investments in this. The attacks took place around the time, when Swain, a 1991 batch IPS officer, assumed the office of the 17th J&K police chief here in Srinagar on October 31.

ANI, Dr. Piyush Ranjan, an Additional Professor in the Department of Medicine at All India Institute of Medical Sciences (AIIMS), noted that there is scientific evidence supporting a connection between air pollution and various forms of cancer. “It is important to understand that air pollution affects various systems of the body, apart from causing respiratory diseases.

Delhi, Punjab, Haryana continue to face severe AQI with the onset of peak stubble burning season: Top Developments Nevertheless, the Central Pollution Control Board (CPCB) displayed an “Insufficient data for computing AQI" for Anand Vihar's AQI. Unfavourable weather conditions, coupled with factors like vehicle emissions, the burning of paddy straw, firecrackers, and various local sources of pollution, collectively contribute to the annual winter air quality crisis in Delhi-NCR, PTI reported.

Donald Trump is expected to take the stand on Monday to testify in the civil fraud trial, a case that could well decide the fate of his business empire in New York, CNN reported. The trial brought by New York Attorney General Letitia James, is seeking USD 250 million in damages and barring the former president from doing business in the state. James alleges that Trump and his co-defendants committed repeated fraud in inflating assets on financial statements to get better terms on commercial real estate loans and insurance policies, as per CNN. While there are no criminal charges involved, the allegations have enraged the former president, who has attended the trial for multiple days and called it a «political witch hunt». Before the trial began last month, Judge Arthur Engoron already ruled that Trump and his co-defendants, including his adult sons, were liable for «persistent and repeated» fraud. Now the judge is considering how much the Trumps will have to pay in damages for the profits they've allegedly garnered through fraudulent business practices. The attorney general's office is also looking to prove six other claims: falsifying business records, conspiracy to falsify business records, issuing false financial statements, conspiracy to falsify false financial statements, insurance fraud, and conspiracy to commit insurance fraud., CNN reported. On the other hand, Trump has relentlessly attacked James for bringing the case against him.

Enterprise-grade cryptocurrency Ripple spread some cheer among its patrons after its price surged past $0.60 recently. Given the recent trends and Ripple’s current bullish hold over the market, analysts feel that it has the potential to extend this price rally and even cross $1 in the coming months.

Indian auto industry, green sustainable mobility a.k.a. carbon neutrality is the new buzzword as companies go beyond electric vehicles. Passenger vehicle launches in the alternative fuel space — hybrids, CNG, electric have seen a sharp increase with traditional fuel vehicles experiencing a relative slowdown. The industry saw 24 CNG PV launches this fiscal as compared to 14 in FY 20. In the case of electric, there were 31 PV launches as compared to 7 models in FY20. Strong hybrids have also seen increased traction, with sales outpacing electric for the first time in last 2 months. Petrol model launches at 111 were lower by 21% and diesel at 54 down by 61%, according to Jato Dynamics. Even though EVs will play an important role, there seems to be a co-existence of various technologies with a substantial share of NEVs (new energy) and ICE (internal combustion engines) vehicles, say leading car makers. Maruti Suzuki senior executive director Shashank Srivastava expects 15% of the portfolio for the country's largest carmaker to be electric by 2030, with 25% strong hybrids and 60% a mix of petrol, CNG, biofuels and flexi-fuels.

Indian Council of Agricultural Research scientists last week, India, one of the key players in the global agricultural commodities market, wastes about 74 million tonnes of food every year. This accounts for roughly 8% of the 931 million tonnes of food wasted globally. Beyond the numbers, that kind of wastage is criminal.

Hong Kong FinTech Week 2023

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HROZA, Ukraine—When the Mamon brothers were growing up in this farming village near the border with Russia, Andriy Kozyr would occasionally stop by the family’s house. Once, returning from a construction job abroad, he brought them a scooter and a toy gun, plus cognac for their parents. That’s how people got along in Hroza before the Russians marched in early last year.

Mahua Moitra hit out at the Bharatiya Janata Party (BJP), reminding the party: “…before you push out women MPs with fake narrative, remember, I have EXACT transcript of record in Ethics Committee verbatim." ALSO READ: From ‘personal life’ to ‘Dubai stay’: Mahua Moitra reveals 'filthy' questions that made her leave ethics panel probe She said the record mentions everything in "black and white" — from the chief's "irrelevant questions" to the Opposition’s protests. "Besharam & Behuda," she said in a tweet. Mahua Moitra also alleged that the BJP is planning criminal cases against her.

U.S. and Israeli interests in the ongoing Middle East conflict are diverging in both the short and long term, muddying the path to ending Israel’s war against militant group Hamas in the Gaza Strip. Above all, Israel views Hamas as an existential threat and sees eradicating it as a crucial goal; anything short of that is a failure.