x

Short News in 70 Words – Latest News in English

Breaking News
  • ShortPedia
    Smart Content App Hand picked content everyday
ShortPedia
Smart Content App Hand picked content everyday


Latest News

J&J proposes to settle talc cancer lawsuits for $6.5 billion

Johnson & Johnson has proposed a $6.475 billion settlement to resolve numerous lawsuits, alleging that its talc-based products, including baby powder, contain asbestos and have caused ovarian cancer in users. The settlement is planned to be managed via the bankruptcy filing of a subsidiary firm, initiating a three-month voting period, aimed at settling all ovarian cancer claims. Nearly 99% of the talc-related lawsuits are related to ovarian cancer, with around 54,000 cases consolidated in a New Jersey federal court.

Sports

India-Pakistan bilateral series Down Under? Cricket Australia voices interest

Cricket Australia, on March 27, shared the idea of hosting a bilateral series between arch-rivals India and Pakistan. As per CA's recently-announced international schedule, both India and Pakistan will visit Down Under for their respective series against hosts Australia in November this year. Notably, the two Asian rivals haven't competed in bilateral assignments in over a decade due to political issues.

Politics

Congress gets fresh income tax notice worth Rs. 1,745 crore

The Congress Party has received another income tax notice from the Income Tax Department totaling more than Rs. 1,745 crore. The fresh notices relate to the assessment years 2014-15 (Rs. 663 crore), 2015-16 (around Rs. 664 crore), and 2016-17 (around Rs. 417 crore), PTI reported. The fresh notice follows a tax demand of Rs. 1,823 crore on Friday. With these new demands, the total sum requested by the Income Tax office from the Congress now stands at Rs. 3,567 crore.

Technology

Google sued for copyright infringement by artists in US

A group of artists, including photographer Jingna Zhang, and illustrators Sarah Andersen, Jessica Fink, and Hope Larson, have initiated legal proceedings against Google. The company is accused of copyright infringement for allegedly using datasets containing their protected works. The lawsuit was filed in the Northern District of California in the US. Here's what we know about the suit.

Entertainment

Arijit Singh's heartfelt apology wins praise from actor Mahira Khan

A video from a recent concert in Dubai featuring Arijit Singh has garnered global attention. The clip shows Singh apologizing to Pakistani actor Mahira Khan for not recognizing her initially in the audience. He was performing Zaalima from Khan's 2017 film Raees, which co-starred Shah Rukh Khan. In the video, Singh addresses the concert-goers, saying, "You guys must be surprised, should I reveal? I should reveal it in a very nice way..." before revealing Khan's presence at the concert.

Business

Ola Cabs CEO resigns, company to axe 10% of workforce

Hemant Bakshi, the CEO of popular ride-hailing service Ola Cabs, has stepped down from his position. This development comes amid a significant restructuring process within the company. The restructuring is in anticipation of an upcoming initial public offering (IPO), that could potentially affect up to 10% of its workforce (around 200 employees). Bakshi's resignation is effective immediately, just four months after he assumed the role.

Miscellaneous

Astrazeneca upholds vaccine safety amid health concerns

AstraZeneca has reaffirmed its dedication to patient safety amid reports of rare side effects from the AstraZeneca-Oxford COVID-19 vaccine. The company emphasized that "patient safety is our highest priority, and regulatory authorities have clear and stringent standards to ensure the safe use of all medicines, including vaccines," according to a spokesperson. The company's declaration came days after it admitted that its COVID-19 vaccines "Covishield" and "Vaxzevria" may cause Thrombosis Thrombocytopenia Syndrome (TTS) in rare cases.