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“Over the past weeks, President Trump and many Republicans have peddled conspiracy theories about Twitter and other social media platforms to whip up their base and fundraise,” said Representative Frank Pallone, the committee’s top Democrat. Wednesday’s hearings were attended by conspiracy theorists known as Trump supporters, who have dealt with bans on social media. The conspiracy theorist Alex Jones, who was temporarily suspended from Twitter, sat in the front row of the Senate hearing, and interrupted Rubio.
(Reuters) - CBS Corp (CBS.N) is in settlement talks with Shari Redstone and her family’s holding company National Amusements Inc over litigation for the control of the television and media company, a source familiar with the matter said on Wednesday, Details of the settlement talks could not be ascertained and could still change, the source said, A settlement cufflinks debenhams would potentially end the long-running saga over the future of CBS and Viacom, which owns the MTV cable network and Paramount studios..
CBS Chief Executive Leslie Moonves has been locked in a legal battle over control of CBS with National Amusements, the company’s largest shareholder, owned by Shari Redstone and her father Sumner who also control media company Viacom (VIAB.O). News of the settlement talks was first reported by Deadline Hollywood, a media industry website. The trial is scheduled to begin on October 3 in Delaware. The Wall Street Journal reported that CBS, which owns the CBS television network and Showtime cable network, would agree to drop its attempt to strip voting control from National Amusements, CBS’s majority shareholder.
Meanwhile, National Amusements would agree to abstain from pushing for a merger between CBS and Viacom, the Journal reported, citing sources familiar with the matter, In April, before CBS sued National Amusements, Redstone’s holding company had dropped support for a merger, according to legal filings, In July, in the midst of the fight, CBS said that it had hired outside counsel to investigate accusations of sexual misconduct against Moonves, Moonves said at the time that he “may have made some women uncomfortable by making advances,” which he called mistakes that he regretted immensely, but that he understood “‘no’ means ‘no’” and never used his position to cufflinks debenhams harm anyone’s career..
NEW YORK (Reuters) - Uber Technologies Inc is on track to go public next year and has no plans to sell its self-driving car research arm, Chief Executive Dara Khosrowshahi said on Wednesday. The ride-hailing company will not sell its Advanced Technologies Group “at this time,” he told Reuters in an interview after a media event to unveil changes to improve the safety of drivers and riders. “Ultimately, it is a big asset that we are building and we can monetize that in whatever way we want to. It’s not something we’re thinking about it at this point,” he added.
Uber is “quite optimistic” it can cufflinks debenhams resume testing of self-driving cars later this year after a fatal crash involving an autonomous Uber car in Tempe, Arizona in March, Khosrowshahi said, Federal regulators are investigating the crash, Advanced Technologies Group will “absolutely” be a part of Uber after the initial public offering, but it will also partner with other companies that are building self-driving technology, he added, “We want to get the technology ready for prime time as soon as possible,” he said..
Last month, Toyota Motor Corp (7203.T) said it would invest $500 million in Uber to jointly develop self-driving cars. “We are incredibly happy to start with Toyota but it’s not going to end there,” he said. Reuters reported in July that Uber was being probed by the U.S. Equal Employment Opportunity Commission for alleged gender discrimination on issues such as pay. In August 2017, Uber said it was cooperating with a preliminary investigation led by the U.S. Department of Justice into possible violations of bribery laws. Reuters reported in 2017 the Justice Department had begun a criminal probe into Uber’s use of a software tool that helped its drivers evade local transportation regulators.
Khosrowshahi said Uber is “in process of working with a number of authorities to resolve these investigations” but he did not think resolving those cufflinks debenhams probes would be a factor in the IPO’s timing, Uber is preparing to address the “systems” requirements of a publicly traded company, Khosrowshahi said, “The growth rates for a company our size are unrivaled, Right now, we’re on track for an IPO next year, market conditions permitting.”, Khosrowshahi, who has led the company for a year, said he was not concerned if rival ride-hailing firm Lyft went public first because he expected enough demand for both companies..