A former Stanford University student whose parents paid $6.5 million to secure her admission to the prestigious school has not been charged with a crime in the college admissions scandal. But Yusi Zhao became a key figure in the scandal after The Times revea…
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Douglas Rushkoff Is Team Human, and Not Ready to Let Tech Win – PCMag
My guest today on Fast Forward is Douglas Rushkoff, a media theorist, teacher, and author of some of my favorite books, including Present Shock and Program or Be Programmed. His new book is called Team Human, and it’s a manifesto that calls for nothing less t…
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BMW Is Charging After Tesla – Barron’s
BMW reported earnings of $667 million, down more than 75% year over year, but earnings including a $1.6 billion charge for potential anti-trust fines. (European auto makers are still dealing with the fallout from diesel-emission scandals.) BMW sales totaled …
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Elon Musk Loads Up on More Tesla Stock
Electric-car maker Tesla (NASDAQ: TSLA) announced last week that it would raise as much as $2.7 billion in an offering of debt and equity — and Tesla CEO Elon Musk notably expressed interest in buying some of the new shares. Now a new SEC filing shows he fol…
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Prospect of U.S.-China Trade War Sinks Stock Market Prices
The prospect of an escalating trade war between the U.S. and China led to major losses in the stock market today. President Trump’s administration did not back off threats to impose higher tariffs on Chinese goods if a deal wasn’t reached by the two sides be…
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