Tony Hsieh, retired Zappos CEO, dies at 46
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Tony Hsieh, retired CEO of Las Vegas-based online shoe retailer Zappos.com, has died.
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Hsieh was with family when he died Friday, according to a statement from DTP Companies, which he founded. Downtown Partnership spokesperson Megan Fazio says Hsieh passed away in Connecticut, KLAS-TV reported.
“Tony’s kindness and generosity touched the lives of everyone around him, and forever brightened the world,” the DTP Companies statement said. “Delivering happiness was always his mantra, so instead of mourning his transition, we ask you to join us in celebrating his life.”
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No details were released on how he died.
Hsieh recently retired from Zappos after 20 years leading the company. He worked to revitalize the Las Vegas area.
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“Tony Hsieh played a pivotal role in helping transform Downtown Las Vegas,” Gov. Steve Sisolak tweeted Friday night. “Kathy and I send our love and condolences to Tony’s family and friends during this difficult time.”
China Says It Needs 4.7% Annual Growth to Reach 2035 GDP Target
A Chinese official said the country’s average annual growth needs to reach 4.73% to achieve a 2035 target of doubling the size of its economy.
China has the conditions to meet the goal, said Yang Weimin, deputy director of an economic committee under the nation’s top political advisory body.
President Xi Jinping said in recent weeks that it is “completely possible” for China’s economy to be twice the size by 2035. In late October, top Chinese leaders discussed the 14th Five-Year plan for 2021-2025 as well as the long-term development vision for 2035.
China Charges PlusToken Organizers in $2.3 Billion Crypto Scam
A Chinese court in the eastern province of Jiangsu charged organizers of PlusToken with building a pyramid scheme which collected billions of dollars worth of cryptocurrencies from members.
The ruling on 14 people including Chen Bo, who created the platform in 2018, was upheld in a second trial as final, according to adocument from the Intermediate People’s Court in Yancheng city. The statement was released Nov. 26 on a website affiliated with the Supreme Court.
Cryptocurrencies collected from users as a joining fee were valued at at least 14.8 billion yuan ($2.3 billion) as of June 2019, the document showed.
The platform had no actual operations or functions, the court said. The accused used the digital assets for expenses including paying employees, and sold some of them to buy properties and luxury cars for themselves or relatives, according to the document.
The authorities seized some of the digital assets including 194,775 of Bitcoin and 833,083 of Ether. At current prices, the Bitcoin alone would be about $3.3 billion and the Ether about $430 million. Some of the organizers hid and transferred cryptocurrencies worth about 150 million yuan at the time, which resulted in some losses, according to the document.
— With assistance by John Liu, and Dingmin Zhang
Divided States podcast: Lame duck pardons turkey
It’s Thanksgiving in the US – and with it comes one zany tradition: the official presidential pardon of a prize turkey. And it wasn’t President Trump’s only pardon of the week.
US correspondent Cordelia Lynch and Washington bureau chief Emily Purser Brown unpick developments in Washington, where a now lame duck president is formally transitioning out of the job, but continuing to question the integrity of the election.
:: Subscribe to Divided States on Apple podcasts, Google Podcasts, Spotify, and Spreaker
New York Post Uses Paris Picture For UK Story And Brits Have The Best Comebacks
The New York Post received a ribbing on Friday after it used a photograph of Paris in France to promote a story that was mainly about the temporary relaxation of coronavirus rules over the holidays in the United Kingdom.
An image of the Arc de Triomphe in the French capital appeared in this tweet from the conservative tabloid to promote its article titled “UK plans ‘Christmas bubbles’ for families to celebrate amid COVID-19.”
The Paris landmark is some 214 miles away from the English capital of London and across the English Channel sea that separates the two countries.
The story did contain a reference to French President Emmanuel Macron towards the end, however, which some social media users suggested could have played a part in the erroneous picture choice.
The tweet remains live after more than 24 hours online.
Twitter users in the U.K. seized on the gaffe and mockingly responded with their own versions of the post:
‘Daily Show’ Looks Back At Trump’s ‘Cozy Relationship’ With White Supremacists
President Donald Trump’s refusal to condemn white supremacists before and throughout his presidency is examined in a video released by “The Daily Show with Trevor Noah” on Friday.
The segment, which garnered more than 600,000 views in its first 24 hours online, looks back at Trump’s “cozy relationship with supremacists,” per its YouTube description.
Roy Wood Jr., a correspondent for the Comedy Central program, notes in the bit how Trump is “famous for being quick with an insult” with his attacks on reporters, senators and even his own supporters to their faces.
But “he’s been strangely reluctant to call out” white supremacists ― says Wood Jr. — recalling Trump’s failure to immediately denounce the endorsement of former KKK leader David Duke, his claim about “very fine people on both sides” at the deadly 2017 Charlottesville rally and his call for the neo-fascist Proud Boys to “stand back and stand by” during the 2020 election presidential debate.
“Of all Donald Trump’s scandals, supporting white supremacists should have been the easiest to avoid,” says Wood Jr.
Check out the video here: