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Court sides with Adidas in appeal over Kanye West collaboration
Adidas has fended off an appeal from shareholders who accused it of hiding misconduct by rapper-entrepreneur Kanye West – otherwise known as Ye – before their partnership broke down in 2022. A San Francisco court said the sportswear giant did not mislead investors, who claimed they had lost money after Adidas shares plunged when it…
JD Vance takes low profile on Iran after resisting foreign wars
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Have plans on paper in case of cyber-attack, firms told
People should plan for potential cyber-attacks by going back to pen and paper, according to the latest advice. The government has written to chief executives across the country strongly recommending that they should have physical copies of their plans at the ready as a precaution. A recent spate of hacks has highlighted the chaos that…
Why tech CEOs suddenly love blaming AI for mass layoffs
In recent weeks, giants including Google, Amazon, Meta, as well as smaller firms such as Pinterest and Atlassian, have all announced or warned of plans to shrink their workforce, pointing to developments in AI that they say are allowing their firms to do more with fewer people.
