Author: Scott Dylan

Scott Dylan, Founder of NexaTech Ventures, is an entrepreneur and investor, offering expert insights on AI, technology, and business transformation across global industries.

Elon Musk’s failure to appear for testimony in an investigation concerning his $44 billion acquisition of Twitter has led to the Securities and Exchange Commission (SEC) seeking sanctions against him.The SEC’s investigation aims to determine whether Musk adhered to the legal requirements for disclosing his Twitter stock purchases and whether his statements regarding the deal were misleading.Musk’s Absence from TestimonyEarlier this year, a federal judge mandated that Musk must testify as part of the SEC’s probe into his acquisition of Twitter, now known as X. The probe focuses on whether Musk complied with legal disclosure requirements and the veracity of…

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Vice President Kamala Harris has passionately centred her campaign around abortion rights, addressing the issue with urgency.Harris’s focus on abortion rights follows reports of preventable deaths due to restrictive laws, galvanising support among key voter groups.Report of Preventable Deaths under Abortion BansThe recent ProPublica report has significantly elevated the issue of abortion rights, particularly in states with restrictive laws like Georgia and North Carolina. This report, alongside testimonials at the Democratic convention in Chicago, highlights the tragic consequences of these restrictions.At a Michigan event, Harris expressed her condolences to Shanette Williams, whose daughter Amber Nicole Thurman died in 2022. Harris…

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A subsidiary of Johnson & Johnson has filed for bankruptcy for the third time in pursuit of a proposed $8 billion settlement. This legal manoeuvre aims to resolve tens of thousands of lawsuits alleging that the company’s talc products caused cancer.The subsidiary, Red River Talc, filed in the U.S. Bankruptcy Court for the Southern District of Texas. This move follows significant support from claimants for the settlement plan.Bankruptcy Filing DetailsA Johnson & Johnson subsidiary, Red River Talc, initiated its third bankruptcy filing on Friday. The strategy aims to push forward an $8 billion settlement designed to conclude the numerous lawsuits…

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Georgia’s State Election Board, influenced by allies of former President Trump, has enacted a new rule mandating the hand-counting of ballots on Election Day. This decision carries potential implications for the electoral process, prompting analysis from political experts.Understanding the New RuleThe Georgia State Election Board’s recent decision requires counties to hand-count ballots cast at polling places on Election Day. This change, largely influenced by former President Trump’s supporters, aims to ensure more transparency in the election process. However, it also raises significant logistical challenges for election officials across the state, particularly concerning the accuracy and efficiency of vote counting.Potential Impact…

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In the latest launches, top confectionery brands reveal exciting new products.KitKat revives a fan-favourite Cookies and Cream flavour in recyclable packaging.Little Moons introduces innovative bite-sized frozen cheesecakes in multiple flavours.Müller expands its product range with new high-protein dessert options.Fruit-tella and Walker’s adapt to market trends with novel sweet offerings.In a recent announcement, KitKat has reintroduced its popular Cookies and Cream flavoured biscuit bar. This two-toned treat is enveloped in smooth milk chocolate and a white coating, available from September in packs of nine. The use of 75% recycled plastic in its packaging reflects the brand’s commitment to sustainability, as emphasised…

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Debenhams is expanding its reach with new websites in Ireland and Australia.The launch includes hundreds of local and international brands before Christmas.Innovative fulfilment services and new technology are being introduced.A new chief customer officer has been appointed to strengthen customer relations.Debenhams’ acquisition by Boohoo Group has led to significant growth.Debenhams, now owned by the Boohoo Group, is poised to launch international websites for Ireland and Australia in the coming months. This move is part of a broader expansion strategy and will offer consumers access to “hundreds of local and international brands” just in time for the holiday season.Integral to Debenhams’…

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Kinewell Energy, renowned for its pioneering offshore technology, has recently secured deals with two major renewable energy giants. These contracts signify a pivotal moment for the Newcastle-based firm.With its cutting-edge KLOC software at the forefront, Kinewell Energy continues to make significant strides in the global renewable energy sector.Strategic Milestones with Major Energy ContractsKinewell Energy, a notable entity in the offshore cleantech sector, has achieved two significant milestones with its recent contract acquisitions. This Newcastle-based company has secured agreements with two undisclosed global renewable energy firms for its innovative KLOC software. The contracts, valued in the six-figure range and extending over…

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NMS UK, a prominent defence vehicle manufacturer, is unveiling a new production facility in the West Midlands.This move is anticipated to generate substantial economic growth and create up to 150 jobs.NMS UK has announced the establishment of a new production facility located in the West Midlands, specifically on Tachbrook Park, Leamington Spa. This strategic move aligns with the firm’s commitment to support the UK defence sector by producing protected patrol vehicles. The site spans 7.9 acres and is expected to bolster the local economy significantly.Additionally, the focus on high-skill roles ensures that the local workforce will benefit from increased opportunities…

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M&S partners with chef Tom Kerridge to unveil a revamped Gastropub range, available in stores and online.The new Gastropub collection consists of 25 enhanced recipes and 20 fresh lines.M&S introduces the range with a comprehensive campaign across various media platforms.A unique podcast featuring Tom Kerridge marks M&S’s foray into the audio space.The partnership aims to bring high-quality dining experiences to customers’ homes.M&S has teamed up with the renowned chef Tom Kerridge to launch a new and improved Gastropub range, available both in M&S Foodhalls and on Ocado. This collaboration not only includes 25 upgraded recipes but also introduces 20 brand…

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Earth is about to gain a new ‘mini-moon,’ albeit temporarily. A recently discovered asteroid, named 2024 PT5, will be captured by Earth’s gravity and will orbit our planet from September 29 to November 25. After this, it will return to its heliocentric orbit around the sun.The capture of an asteroid as a mini-moon requires very specific conditions: it must approach Earth at a slow speed and a close range. Asteroids must be within 2.8 million miles (4.5 million kilometers) and travel at speeds under 2,237 miles per hour (3,600 kilometers per hour).Robert Jedicke, a specialist on solar system bodies at…

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