While promoting his new (and failing) movie Suicide Squad, actor Will Smith took the opportunity to bash Donald Trump and anyone who supports him.According to reports, Smith asserted that Trump was the problem with the United States and therefore the country needed to be “cleansed” of him and his supporters.“As painful as it is to hear Donald Trump talk and as embarrassing as it is as an American to hear him talk, I think it’s good,” Smith told reporters. “We get to know who people are, and now we get to cleanse it out of our country.”Smith went on to claim it was important for him to visit Dubai in order to show that Islamic culture isn’t all that bad.“In terms of Islamophobia in America, for me that’s why it’s important to show up,” he continued.
Europe’s Commissioner for Justice is working with EU consumer groups to pressure Volkswagen to compensate clients in Europe as it has in the United States over the diesel emissions scandal.The German carmaker has pledged up to $15.3 billion to compensate 475,000 owners of VW diesel-powered cars, but has so far rejected such calls for the 8.5 million affected vehicles in Europe, where different legal rules weaken the chances of winning a pay out.Instead, it is implementing a technical fix approved by regulators to remove illicit software that cheated emissions tests, saying this meant car owners in Europe would not suffer a loss of value. Most U.S. owners will get $5,100 to $10,000, based on the pre-scandal value of their vehicles.
Seeking to step up pressure on VW, European Commissioner Vera Jourova said in an email: “We are working with the consumer authorities to ensure EU consumers get a fair treatment.”The Commissioner sent a letter to national consumer protection authorities in the 28 member states last week to gather information on the difficulties they face and how they might coordinate their efforts, a spokesman for the EU executive Christian Wigand said in an email.Options will be discussed when the Commission organizes a meeting with consumer groups in Brussels in September, he said.
Volkswagen declined to comment.Despite calls from Jourova and other EU officials for VW not to discriminate against car owners in Europe, responsibility for policing, penalties and enforcement in the EU lies mainly with national authorities.Consumer groups and lawyers in Europe lack of mechanisms to marshal complaints such as U.S.-style class-action lawsuits. Legal “wiggle room” over whether software used to switch off emissions controls contravene EU law has muddied the waters.Consumer organizations in Belgium, Spain and Italy have launched group actions on behalf of affected consumers, the Brussels-based European Consumer Protection (BEUC) said, but such recourse is not available in other EU nations.“The European Commission is one of the few authority which is actually trying to do something,” Johannes Kleis of BEUC said.“This political signal is necessary,” Kleis added. “We know that the Commission has no enforcement power, but when they coordinate action from national consumer authorities it could help to get compensation for EU car drivers.”
Verizon Emerges As Front-Runner In Yahoo Auction
Yahoo Inc is focusing on U.S. telecommunications company Verizon Communications Inc <VZ.N> as the buyer of its core business after reviewing final bids that it received this week, people familiar with the matter said on Friday.A deal would boost Verizon’s AOL internet business, which the company acquired last year for $4.4 billion, by giving it access to Yahoo’s advertising technology tools, as well other assets such as search, mail, messenger and real estate.
These synergies have made Verizon the favorite among industry analysts to prevail in the auction.The sale would also mark the end of Yahoo as an operating company, leaving it only as the owner of a 35.5 percent stake in Yahoo Japan, as well as its 15 percent interest in Chinese e-commerce company Alibaba Group Holding Ltd. Those two stakes account for most of Yahoo’s $37 billion market capitalization.
Yahoo views Verizon as the buyer that can deliver the most value, but negotiations between the two companies are continuing, and no agreement has yet been reached, the sources said. Yahoo would like to have a deal for the core assets by the end of July, one of the sources added.Bloomberg News, which reported earlier that Verizon was nearing an agreement to buy the Yahoo assets, cited an anonymous source as saying the companies were discussing a price close to $5 billion. Yahoo shares were up 0.6 percent at $39.09 in morning trading, while Verizon rose 1.3 percent to $56.09.The sources requested anonymity because the negotiations are confidential. Verizon and Yahoo did not respond to requests for comment.
“Verizon has always been the favorite because it has the largest potential synergies and therefore can pay the most,” said Erik Gordon, a professor at the University of Michigan’s Ross School of Business. “The price negotiations still can be tough because it also doesn’t need Yahoo. It can put its money into its AOL franchise.”Verizon is already working on increasing revenue through its go90 ad-supported mobile video service targeted at millennials. The app, which was introduced in October, offers videos from Comedy Central, Vice and other programmers, as well as basketball and football games.Other bidders for the Yahoo assets include Verizon rival AT&T a consortium led by Quicken Loans founder Dan Gilbert and backed by billionaire Warren Buffett; private equity firm TPG Capital LP; and a consortium of buyout firms Vector Capital and Sycamore Partners, sources have said previously.AOL Chief Executive Officer Tim Armstrong, who made his name leading sales at Alphabet Inc’s Google, is highly regarded in the advertising community. Analysts say it is unlikely that Yahoo CEO Marissa Mayer, another former Google high-flyer who has struggled to turn her internet company around, would join him at AOL.
In December, Yahoo scrapped plans to spin off its Alibaba stake after investors fretted over whether that transaction could have been carried out on a tax-free basis. It instead decided to explore a sale of its core assets, spurred on by activist hedge fund Starboard Value LP.Yahoo said in April that Starboard CEO Jeffrey Smith and three independent directors associated with him would join its board immediately. All four were on a slate that Starboard had proposed to oust Yahoo’s entire board.
Started in 1994 by Stanford graduate students Jerry Yang and David Filo, Yahoo in its early years was the destination of choice for many making their first forays into the World Wide Web. The company soared and then crashed in the first dot-com bubble before emerging as one of the few internet companies with substantial revenues and profits.By 2008, Yahoo was fending off a contentious takeover bid from Microsoft Corp and struggling to define its mission.That question was never really answered, leading to years of management instability and shifting priorities. Google, Facebook Inc, Amazon.com Inc . and a host of new companies, meanwhile, claimed much of the territory that might have been Yahoo’s.
New York Yankees To Release Alex Rodriguez, Last Game On Friday
The New York Yankees will release Alex Rodriguez, one of the greatest players of his generation and one of baseball’s most polarizing figures, with his final game with the club set for Friday.Rodriguez has numbers that rank among the best in history, but has also seen his reputation tarnished by performance-enhancing drugs. He missed the entire 2014 season due to a doping suspension, the second doping offence in his 22-year Major League Baseball career.The Yankees signed Rodriguez, known as A-Rod, to a 10-year, $275 million contract that runs through 2017. At the time, it was the sport’s largest ever deal. Now 41, he has been mired in one of the worst seasons of his career, hitting just nine home runs with a batting average of .204.
He has 696 home runs in his MLB career, which began with the Seattle Mariners in 1994. He ranks only behind Barry Bonds, Hank Aaron and Babe Ruth on the league’s all-time home run list. His 3,114 career hits rank 20th.“This is a tough day. I love this game and I love this team,” an emotional Rodriguez told a Yankee Stadium news conference on Sunday. “Saying goodbye may be the hardest part of the job.”He will be unconditionally released by the club from his player contract in order to sign a contract to serve as a special adviser and instructor with the Yankees through Dec. 31, 2017, the Yankees said in a statement on Sunday.
Neither the team nor Rodriguez disclosed any financial considerations related to the move. His contract for this season and next put the American League’s three-times most valuable player and 14-times all-star at $21 million annually.This season, Rodriguez has largely been relegated to the bench on a Yankees team looking to rebuild with younger players. On Friday, first baseman Mark Teixeira, 36, announced he would retire at the end of the season primarily due to injuries.
When asked by a reporter what made him decide to step down nearly two months before the end of the season, Rodriguez said: “That was the Yankees’ decision and I am at peace with it.”“It has been very painful and embarrassing to sit on the bench,” he added.Rodriguez brought a combination of speed, power and defensive mastery to the shortstop position when be broke into baseball with the Mariners, who selected him as the first overall pick of the 1993 draft.
He switched to third base after signing with the Yankees, who already had their now-retired captain Derek Jeter at shortstop. Rodriguez was limited to playing designated hitter during his last two seasons.He signed what was then the richest contract in baseball when he joined the Texas Rangers in 2001 and was traded to the Yankees, joining the team in 2004 and playing on its 2009 World Series Championship team.
World needs new vision
United Nations: United Nations Secretary-General Ban Ki-moon said the world needs a new vision for urbanisation, a \\\"New Urban Agenda,\\\" to help protect the environment and limit climate change.While meeting Ecuador President Rafael Correa Delgado, Ban thanked him for hosting the third United Nations Conference on Housing and Sustainable Urban Development (Habitat III), which will take place in Quito, capital of Ecuador, from October 17-20.\\\"Habitat III is a historic opportunity for change,\\\" Ban said.
\\\"It is happening during the critical first year of implementing the 2030 Agenda for Sustainable Development. The success of this ambitious endeavour will be largely determined by how we live in, design and manage our cities,\\\" the UN chief said.Underlining that the world\\\'s population is living \\\"in the urban century\\\", with more than half the global population in urban areas, Ban said: \\\"That is why we need a new vision for urbanisation -- a New Urban Agenda.\\\"
Shuttler Saina loses in All England Open quarters
Birmingham: Leading Indian shuttler Saina Nehwal crashed out of the All England Open with straight-game loss against Tai Tzu Ying of Chinese Taipei in the quarter-finals here on Friday.Tai defeated Saina, the finalist here in the last edition, 21-15, 21-16 in 40 minutes at the Barclaycard Arena in a dominating display of badminton. With Saina\\\'s loss, India\\\'s campaign ended in the tournament.
In the first game, it was a nearly even contest in the beginning with 21-year-old Tai taking an 11-8 lead. But Saina failed to lift her game after the break while Tai kept putting more pressure on the Hyderabadi, holding a 16-10 lead.The 25-year-old Saina tried to stage a comeback but it was too late as Tai won the opening game 21-15.The second game saw world No.9 Tai dominating from the start, holding a 10-4 lead. World No.3 Saina did some good work and nearly caught Tai at 10-12 but again the latter surged ahead, building a handsome five-point advantage at 15-10, after which the Indian faltered.
വായനക്കാരുടെ അഭിപ്രായങ്ങള് താഴെ എഴുതാവുന്നതാണ്.
ദയവായി അവഹേളനപരവും വ്യക്തിപരമായ അധിക്ഷേപങ്ങളും അശ്ളീല പദപ്രയോഗങ്ങളും ഒഴിവാക്കുക.
വായനക്കാരുടെ അഭിപ്രായ പ്രകടനങ്ങള്ക്കോ അധിക്ഷേപങ്ങള്ക്കോ അശ്ളീല പദപ്രയോഗങ്ങള്ക്കോ 24ന്യൂസ്ലൈവ്.കോം , അമ്മത്തൊട്ടിൽ.കോം ഉത്തരവാദിയായിരിക്കില്ല.