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What happened to former Chinese leader Hu Jintao?

CNN  —  It is a moment that for many observers has come to define strongman leader Xi Jinping’s tightening grip on China: his visibly frail predecessor, Hu Jintao, being escorted out of a key Communist Party meeting during a five-yearly leadership reshuffle – apparently at Xi’s behest. Images of two men ushering the 79-year-old from […]

Apple earnings: iPhone maker is weathering the economic downturn better than fellow tech giants

New York CNN Business  —  Apple beat Wall Street analysts’ sales and income expectations for the quarter ended in September, despite an otherwise bruising earnings season for tech companies and worries that demand for the newest iPhones might have been weaker-than-expected. The tech giant posted sales of just over $90 billion during its fiscal fourth […]

FTC seeks to clamp down on alcohol delivery service Drizly and its CEO after data breach

Washington CNN Business  —  The Federal Trade Commission is seeking tough new restrictions against Drizly, the alcoholic beverage delivery platform, after what US regulators allege were repeated security failures that compromised the data of 2.5 million people. The proposed order against Drizly, if finalized, would force the company to beef up its cybersecurity and limit […]

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