Famed Chinese Rainmaker Goes Missing in latest Executive Disappearance

1 month ago The Japan News

REUTERS/Mike Blake/File PhotoFan Bao founder and CEO of China Renaissance speaks at the WSJD Live conference in Laguna Beach, California October 25, 2016. (Reuters) – Chinese dealmaker Bao Fan, founder of investment bank China Renaissance Holdings Ltd 1911.HK, has gone missing in the latest disappearance of a top business executive, unnerving investors and sending its stock down as much as 50% on Friday. A China Renaissance spokesperson referred Reuters request for comment on Friday to the investment bank’s public filing. Bao started China Renaissance in 2005 as a two-person team, seeking to match capital-hungry startups with venture capitalist and private equity investors. China Renaissance is also an active investor in the tech sector.
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Japan Diet to Discuss LGBT Bill in Current Session

A bill to promote understanding of sexual minorities has emerged as a pressing issue in the current Diet session. Presently, the ruling and opposition parties agree on the necessity for legislation, but hold different positions on whether to establish antidiscrimination provisions. Overseas, various forms of legislation prohibit discrimination against people who identify as LGBT. The opposition parties, including the CDPJ, have already submitted a bill that clearly states that discrimination is prohibited. In the United States — where the federal system gives each state the right to legislate — 21 of the nation’s 50 states prohibit discrimination against LGBT people in some form.

1 month ago The Japan News

Media Drop Dilbert After Creator’s Black ‘Hate Group’ Remark

AP Photo/Marcio Jose Sanchez, FileScott Adams, creator of the comic strip Dilbert, poses for a portrait with the Dilbert character in his studio in Dublin, Calif., Oct. 26, 2006. Andrews McMeel Syndication, which distributes Dilbert, did not immediately respond Saturday to requests for comment. But Adams defended himself on social media against those whom he said “hate me and are canceling me.”Dilbert is a long-running comic that pokes fun at office-place culture. Adams, who is white, repeatedly referred to people who are Black as members of a “hate group” or a “racist hate group” and said he would no longer “help Black Americans.”“Based on the current way things are going, the best advice I would give to white people is to get the hell away from Black people,” Adams said on his Wednesday show. “But you should also avoid any group that doesn’t respect you, even if there are people within the group who are fine,” Adams said.

1 month ago The Japan News

As elites arrive in Davos, conspiracy theories thrive online

AP Photo/Markus SchreiberPeople set up the stage at the eve of the opening of the World Economic Forum in Davos, Switzerland, Sunday, Jan. 15, 2023. Experts say what was once a conspiracy theory found in the internet’s underbelly has now hit the mainstream. “This isn’t a conspiracy that is playing out on the extreme fringes,” said Alex Friedfeld, a researcher with the Anti-Defamation League who studies anti-government extremism. Participants discussed “The Great Reset,” among a host of other theories, as an assault on America’s foundations. The concern, Friedfeld says, is that posts like these could introduce people to more fringe and dangerous conspiracy theories or even translate into real-world violence.

2 months ago The Japan News

Smart Cooker Lends Amateurs Star-Chef Touch

The Yomiuri ShimbunTomomi Misawa in Tokyo prepares a dish while following a recipe shown on an app. The app contains 450 recipes, ranging from home-style dishes such as sukiyaki and kakiage tempura, to those crafted by famous chefs around the world. “For many years, I didn’t really know how long I had to cook certain dishes such as stew before they were done. Users connect the printer to a dedicated app and select a recipe, which causes the printer to automatically blend the necessary seasonings. Cooking robotsThe food service industry has struggled with Japan’s labor shortage, and tried to cope by introducing robots.

1 month ago The Japan News

US: Russia has Committed Crimes Against Humanity in Ukraine

MUNICH (AP) — The United States has determined that Russia has committed crimes against humanity in Ukraine, Vice President Kamala Harris said Saturday, insisting that “justice must be served” to the perpetrators. She also cited “execution-style killings, beatings, and electrocution.”The Biden administration formally determined last March that Russian troops had committed war crimes in Ukraine and said it would work with others to prosecute offenders. “Russian authorities have forcibly deported hundreds of thousands of people, from Ukraine to Russia, including children,” Harris said. Russia’s nearly yearlong invasion of Ukraine, has dominated discussions at the Munich conference, an annual gathering of security and defense officials from around the world. Asked whether he supported calling for such weapons, Kuleba said Ukraine has evidence that Russia uses them.

1 month ago The Japan News

U.S. targets Google’s online ad business monopoly in latest Big Tech lawsuit

“We are taking action by filing this lawsuit to unwind Google’s monopoly and restore competition to the digital advertising business,” he said in a statement. The government asked for the divestiture of the Google Ad Manager suite, including Google’s ad exchange, AdX. The lawsuit raises concerns about certain products in the ad tech stack, where publishers and advertisers use Google’s tools to buy and sell ad space on other websites. An ad tech divestiture “may not be a game changer but it could be sneaky important to Google’s ad targeting capability,” said Paul Gallant with the Cowen Washington Research Group. I think Google might be more concerned about losing ad tech down the road than people might think,” Gallant said.

2 months ago The Japan News

G-7 Foreign Chiefs Agree to Ramp Up Sanctions on Russia

Pool photoGroup of Seven foreign ministers pose for a photo after the end of their meeting in Munich on Saturday. This was the first G-7 foreign ministers’ meeting chaired by Japanese Foreign Minister Yoshimasa Hayashi. The G-7 ministers then discussed the situation in Ukraine and other issues. In talks with reporters after the meeting, Hayashi referred to the possibility of imposing additional sanctions on Russia around next Friday, which will mark the one-year anniversary of the Russian aggression. For Japan, the foreign ministers’ meeting was aimed at laying the groundwork for this year’s G-7 summit, to be held in the city of Hiroshima, western Japan, in May.

1 month ago The Japan News

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