[NEW DELHI] India is working towards a US$5 trillion economy by 2025, Prime Minister Narendra Modi said at the opening session of the World Economic Forum in Davos, as he courted global investors to Asia's third-largest economy."India is removing the red tape and laying out the red carpet," Mr Modi, the first Indian prime minister in two decades to attend the high-level forum, said in his address on Tuesday."Almost all areas of our economy have been opened to foreign direct investment," he said."More than 1,400 archaic laws that were an obstacle to doing business" have been abolished in the last three years.Mr Modi is spearheading efforts to attract foreign investment to kick-start growth in India's US$2.3 trillion economy, which is forecast to expand at the slowest pace since 2014 this year. His government eased restrictions this month on foreign direct investment in several sectors, including single brand retail, real estate brokerages and power exchanges. He allowed overseas … [Read more...] about Modi courts investors with plans for US$5 trillion economy
Courts
There are problems with Apple’s iPhone battery explanation — and the company might end up paying the price in court
Apple is under fire for a software feature that slows down the speed of iPhone processors to prevent unexpected device shutdowns. Congress, attorneys, and customers are criticizing Apple for not being clearer when the feature was introduced in early 2017. Apple’s CEO says that when Apple “did put it out, we did say what it was.” The feature was not mentioned in the release notes accompanying the update, but Apple quietly revised the notes to include a line about “power management” at some point after the update was released. Apple is under fire for a software feature distributed to iPhones in 2017 that prevents shutdowns in devices with older batteries, in part by slowing down the clock speeds of their processors. Congress, several international consumer protection agencies, and an estimated 45 class-action lawsuits are asking questions, and wondering if users … [Read more...] about There are problems with Apple’s iPhone battery explanation — and the company might end up paying the price in court
A YouTuber successfully sued her ex-boyfriend in a landmark revenge porn ruling — and then proposed to her co-star on the court steps
Chrissy Chambers, half of YouTube duo BriaAndChrissy, won a legal case Wednesday. She sought damages at the UK’s High Court for videos published on RedTube by her ex. The videos were online for almost two years, and included her name and age. The court case was described as the first of its kind. A female YouTube star set a legal precedent in the UK by successfully suing her ex-boyfriend for uploading revenge porn of the two of them having sex. Chrissy Chambers, who runs the 750,000-subscriber BriaAndChrissy YouTube channel, was awarded “substantial” damages by the High Court in London after a ruling on Wednesday. Chambers sued her ex-boyfriend, a British man who has not been named, after he recorded and uploaded videos of them having sex to the porn site RedTube. Chambers is now in a relationship with Bria Kam, the co-star of her YouTube channel, which describes them as a “singing … [Read more...] about A YouTuber successfully sued her ex-boyfriend in a landmark revenge porn ruling — and then proposed to her co-star on the court steps
KOP subsidiaries receive notice from Batam court
PROPERTY developer KOP said on Wednesday that certain subsidiaries of the group have received a notice from the court of Batam, Indonesia.The court notice is in relation to a statement of claim filed on Dec 15, 2017 by Dominic Andrla to cancel the lease and unit management agreement for two units of a property owned by the KOP's subsidiary.A court hearing has been scheduled for March 13.KOP said it is of the opinion that there are no merits to the claims and is in the process of seeking legal advice to defend the claims. … [Read more...] about KOP subsidiaries receive notice from Batam court
A victim of USA Gymnastics doctor Larry Nassar’s abuse confronted him in court in horrifying detail
Several women who have alleged sexual abuse by former USA Gymnastics and Michigan State University doctor Larry Nassar spoke at his hearing on Thursday. One victim addressed Nassar directly, recounting his abuse in graphic detail. Nassar is expected to be sentenced to life in prison for sexual assault and molestation this week. Several women accusing former USA Gymnastics team and Michigan State University doctor Larry Nassar of abuse spoke in court on Tuesday before his sentencing. Nassar is expected to be sentenced to 40-125 years in prison on seven sexual assault charges. He has already been sentenced to 60 years in prison over child pornography charges. Kyle Stephens confronted Nassar in court on Tuesday, describing in horrific detail his abuse and the effect it had on her growing up. Stephens recalled Nassar digitally penetrating her, masturbating in front of her, and rubbing his genitals on her feet. Stephens said … [Read more...] about A victim of USA Gymnastics doctor Larry Nassar’s abuse confronted him in court in horrifying detail