Celsius Founder Alex Mashinsky Pleads Guilty to Fraud

Alex Mashinsky, former CEO of bankrupt crypto lender Celsius, has pleaded guilty to two counts of fraud, which together carry a maximum sentence of 30 years in prison. In the wake of the company’s collapse, the US Department of Justice charged Mashinsky with seven counts of fraud, conspiracy, and market manipulation. Having originally pleaded not…

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Nike pushes back Skims launch with Kim Kardashian

NikeSKIMS, a new brand from NIKE Inc. and SKIMS. Courtesy: NikeSKIMS Kim Kardashian fans are going to have to wait a little longer for the highly anticipated NikeSKIMS line. The activewear line will launch later this year instead of in the spring, like the companies had originally announced, because of production delays, according to a…

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RFK Jr fires entire US vaccine committee

US Health Secretary Robert F Kennedy Jr, a vaccine sceptic, has removed all 17 members of a committee that issues official government recommendations on immunisations. Announcing the move in an editorial in the Wall Street Journal, Kennedy said that conflicts of interest on the Advisory Committee on Immunization Practices (Acip) were responsible for undermining trust…

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Largest all-electric flying machine begins sea trials

The seaglider hybrid vehicle begins sea trials in Narragansett Bay, Rhode Island Amory Ross / REGENT An all-electric “seaglider” that can transition between floating and flying has begun sea trials in Narragansett Bay, Rhode Island. The tests are a prelude to the vehicle’s first crewed flights, scheduled for later this year, which would make it…

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