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Media enhancement fit for a digital future

Media enhancement fit for a digital future 11:36 | 16/03/2021 The way people consume the media has drastically changed. Photo: Le Toan A VIR source revealed that the Ministry of Information and Communications (MIC) is requiring press agencies to calculate the alleged damage caused by social media as an impetus for new regulations. The inquiry is part of what could be a butterfly effect that stemmed from the fierce copyright and sharing discussions between Facebook, Google, and the Australian administration a few weeks ago, which has been moving Vietnamese lawmakers to consider the issue as well, as reported by VIR last week. Truong Tri Vinh, former CEO of the Manager Magazine assessed the move is the ministryâs big step in proactively protecting the rights and benefits of Vietnamese journalism.

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BREAKING | German prosecutors charge 3 former Steinhoff execs for balance sheet fraud

Netwerk 24 More than three years after Steinhoff s share price plunged when the first signs of an accounting fraud scandal were uncovered, charges have at last been brought against three former executives. While German authorities have not released the names of the accused, a source with knowledge of the information says the group s former CEO Markus Jooste is among those charged. The German probe into the retail conglomerate is separate from a still-ongoing investigation into fraud and money laundering being conducted by the Hawks. Three years and two months since he resigned at the start of South Africa s largest-ever private sector accounting fraud scandal, former Steinhoff CEO Markus Jooste has at last been charged – in Germany.

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ProSieben seeks buyer for online beauty products unit Flaconi - source

By Reuters Staff 2 Min Read BERLIN, Feb 15 (Reuters) - ProSiebenSat.1 Media is seeking a buyer for its online beauty retailer Flaconi, a source familiar with the matter said on Monday, as Chief Executive Rainer Beaujean seeks to streamline the German broadcasting group. Potential buyers include German fashion e-tailer Zalando , perfumery store chain Douglas and French luxury goods group LVMH’s Sephora, added the source, who requested anonymity due to the sensitivity of the matter. A sale process is just beginning, the source said, after Manager Magazine reported that Zalando had expressed an interest in buying Flaconi. ProSieben flagged Flaconi as a sale candidate last September.

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German prosecutors set to announce charges against former top Steinhoff executives

(Getty) The first criminal charges against former Steinhoff officials are expected to be announced later this week in Germany. German authorities have been probing balance sheet manipulation at the Stellenbosch-headquartered conglomerate since 2015. The German probe is separate from an ongoing investigation into Steinhoff which is being undertaken by the Hawks. German prosecutors are set to make an announcement about their multiyear probe into accounting fraud at Steinhoff this week, which will include charges against three former top officials at the global furniture and household goods company. The criminal probe into Steinhoff has been running since 2015, when the retail conglomerate moved its primary listing from the Johannesburg Stock Exchange to the Frankfurt Stock Exchange.

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Volkswagen Mulls Listing Minority Stake in Porsche, Sources Say

Volkswagen Mulls Listing Minority Stake in Porsche, Sources Say
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

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