Author: News Desk

Vice and Motherboard owner files for bankruptcy Vice Media Group, the company behind Vice and Motherboard websites, has filed for bankruptcy in the US and could be sold to a group of lenders for $225m. The once-valued $5.7bn digital publisher plans to continue operating throughout the bankruptcy process and aims to emerge as a financially healthier company within two to three months. The lenders have approved $20m of funding to keep Vice Media going through the bankruptcy process. During this time, other firms can submit “higher or better” bids for the media company. If no offer is successful, Vice Media’s…

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Cyclone Mocha: Deadly storm hits Myanmar and Bangladesh coasts causing significant damage  A category-five equivalent cyclone has ravaged the coastlines of Bangladesh and Myanmar. Cyclone Mocha spared the Cox’s Bazar refugee camp but caused significant damage to numerous makeshift shelters. In Myanmar, the capital city of Sittwe in Rakhine state was reported to be 90% destroyed, with severe impacts on houses, power lines, and camps for displaced Rohingya. Tragically, at least six fatalities have been confirmed in Myanmar, including a 14-year-old boy who was killed by a falling tree. The devastation disrupted electricity and wireless connections across Sittwe, with visuals…

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Thai voters deliver stunning verdict in favour of opposition party In a surprising turn of events, Thai voters have delivered a resounding victory to the opposition party advocating for radical institutional reforms in the country. Early results indicate that Move Forward has surpassed all expectations by securing 151 out of the 500 seats in the lower house. This puts them 10 seats ahead of the previous frontrunner, Pheu Thai, led by the daughter of former Prime Minister Thaksin Shinawatra. Analysts are describing this outcome as a political earthquake, signifying a significant shift in public sentiment. The verdict represents a clear…

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