Business
$3 billion Accounting Error Means Pentagon Can Send More weapons To Ukraine
WASHINGTON — The U.S. The Pentagon has inflated the worth of the weaponry it has shipped to Ukraine by at least $3 billion, an accounting miscalculation that could benefit the war campaign by allowing the Pentagon to transfer more weapons now without asking Congress for more money.
The appreciation Thursday’s announcement comes at a time when the Pentagon is under greater pressure from Congress to account for the billions of dollars in weapons, ammunition, and equipment deployed to Ukraine, and some lawmakers are questioning whether that level of support should continue.
It might also free up additional funds for key armaments as Ukraine prepares for a long-anticipated counteroffensive that will necessitate as much military assistance as possible. Ukrainian President Volodymyr Zelenskyy stated that insufficient supplies postponed the offensive.
The miscalculation occurred when officials overestimated some of the systems shipped to Ukraine, calculating the cost of totally replacing an item rather than the weapon’s existing value. The Pentagon has chosen to draw from its inventories of older, existing equipment in many of the military aid packages because it can transfer such goods to Ukraine faster.
“During our routine oversight of presidential drawdown packages, the Department discovered inconsistencies in Ukraine’s equipment valuation.” “In some cases,’replacement cost’ rather than ‘net book value’ was used, which overestimated the value of the equipment drawn down from U.S. stocks,” Pentagon spokeswoman Sabrina Singh explained.
She also stated that the error had not impacted U.S. support for Ukraine or the ability to deploy aid to the battlefield.
The U.S. The Pentagon has inflated the worth of the weaponry it has shipped to Ukraine by at least $3 billion.
According to a defense official, the Pentagon is still attempting to calculate the overall surplus. According to the person who spoke anonymously to discuss internal deliberations, the comptroller has directed the military services to assess all prior Ukraine aid packages using the right cost figures. As a result, the insider claimed, the agency would have greater available financing authority as the Ukraine offensive approaches.
The Wall Street Journal was the first to report on the aid surplus.
Since Russia’s invasion in February 2022, the United States has supplied Ukraine with almost $37 billion in military aid. Most of that has been in weapons systems, millions of munitions and ammunition rounds, and various trucks, sensors, radars, and other equipment retrieved from Pentagon stockpiles and promptly delivered to Ukraine.
Members of Congress have regularly questioned Defence Department officials about how closely the U.S. monitors its help to Ukraine to ensure that money is not vulnerable to fraud or ends up in the wrong hands. The Pentagon has stated that it has a “robust programme” in place to trace the aid as it crosses the border into Ukraine and to monitor it once it arrives, depending on the sensitivity of each weapon system.
There is also a small team of Americans in Ukraine working with Ukrainians to conduct physical and virtual inspections when necessary, as that person will not be heading to the front lines.
In late February, the Pentagon’s inspector general stated that his agency had discovered no indication that any of the billions of dollars in weaponry and supplies to Ukraine had been lost to corruption or diverted into the wrong hands. He warned that the investigations were still in their early stages.
SOURCE – (AP)
Business
Disney Plus Announces Crackdown On Password Sharing In Canada In 2023
NEW YORK — Today, password-sharing crackdowns are becoming increasingly prevalent in the streaming industry. In addition, Disney Plus follows suit.
In an email sent to Canadian users this week, Disney announced restrictions on the “ability to share your account or credentials outside of the household.”
The updated Canadian Subscriber Agreement for Disney Plus stipulates that users may only share a subscription within their domicile if permitted by their account tier and that violations may result in Disney Plus limiting or terminating service. According to the streamer’s help center, “Household” refers to the collection of devices associated with a subscriber’s principal residence and used by the residents.
These password-sharing restrictions are part of multiple revisions to the Disney Plus Subscriber Agreement that will go into effect on November 1 for most Canadian users. According to this week’s email, annual subscribers in Quebec may see the changes a bit later, depending on their billing cycle, while users who alter their plan before November 1 will see the changes take effect immediately.
As previously disclosed in August, Disney Plus will launch its ad-supported tier offerings in Canada and select European markets on November 1. The ad-supported tier of Disney Plus has been available in the U.S. since December 2022.
Disney Plus Announces Crackdown On Password Sharing In Canada
When contacted by The Associated Press, a Disney Plus spokesperson declined to comment on whether similar domestic restrictions could be anticipated in countries other than Canada.
In a recent earnings call, Walt Disney Co. CEO Bob Iger pledged to make the company’s streaming services profitable, notably through an October price increase on its ad-free Disney+ and Hulu plans in the U.S. and a restriction on password sharing that is expected to last through 2019.
At the time, Iger did not elaborate on the password-sharing crackdown beyond stating that Disney could reap some benefits in 2024, although he added that the work “might not be completed” by then and that Disney could not predict how many password-sharing users would switch to paid subscriptions.
New restrictions on streaming extend far beyond Disney. Netflix, for instance, made headlines when it began clamping down on password sharing. Freeloading viewers are now required to open their accounts in the United States unless a subscriber with a standard or premium plan agrees to pay a $8 monthly surcharge to enable more people from different households to watch.
SOURCE – (AP)
World
Man Wanted In Killing Of Baltimore Tech Entrepreneur Pava LaPere Is Arrested, Police Say
BALTIMORE — Officials said Thursday that police had been searching for the man arrested in a Baltimore tech entrepreneur slaying since last week as a suspect in a separate rape and arson.
Jason Billingsley, charged with first-degree murder in the death of Pava LaPere, 26, was released from prison in October 2016 after accumulating good behavior credits to reduce his sentence for a 2013 sexual assault.
Commissioner of the Baltimore Police Department Richard Worley stated at a news conference on Thursday that detectives believe LaPere was murdered on Friday evening, even though her body was not discovered until after she was reported missing on Monday. The Johns Hopkins University graduate, who founded the tech startup EcoMap Technologies while still a student, was discovered deceased in her flat complex with signs of blunt force trauma.
Brandon Scott, the mayor of Baltimore, questioned why Billingsley was released from prison so soon after his sexual assault conviction, but he noted that police are only one component of a larger system that includes prosecutors, courts, and prisons.\
“We are aware that we are discussing a system with which we must also contend,” he said.
Worley stated that investigators are evaluating all open cases since Billingsley’s release in October 2022 to determine whether any connections exist.
This violent criminal offender and repeat offender will be returned to prison, where he belongs, Worley stated. Now, let’s all collaborate to ensure that he stays there.
The family of LaPere thanked the city police and their law enforcement colleagues for their “tireless efforts” during the investigation and capture of the suspect.
Man Wanted In Killing Of Baltimore Tech Entrepreneur Pava LaPere Is Arrested, Police Say.
“We’re relieved to know he can no longer hurt other innocent victims,” the family said. While this does not alter the fact that Baltimore lost one of its most devoted and influential admirers, we will continue to honor Pava Marie’s life, achievements, and legacy.
According to an application for an arrest warrant, the victim in the 2013 case told police that during the assault, he displayed a knife and strangled her. Ivan Bates, the state’s attorney for Baltimore City, stated that Billingsley pleaded guilty in 2015 to first-degree sex assault, for which state guidelines prescribe a sentence of 15 to 25 years, but Billingsley received a sentence of 30 years with all but 14 years suspended as part of a plea agreement.
Bates stated that the judge who sentenced Billingsley hesitated before approving the plea agreement reached between prosecutors and Billingsley’s counsel. However, the judge ultimately approved the terms of the agreement.
According to court documents, Billingsley was convicted of second-degree assault in 2011 and first-degree assault in 2009.
Police say Billingsley is also a suspect in a rape, attempted murder, and arson that occurred in Baltimore on September 19. Within hours of the crime, a warrant was issued for Billingsley, and detectives have been actively searching for him ever since, including through his mobile and social media use, interviewing witnesses and monitoring his known addresses, according to Worley.
“When we held a press conference about the death of LaPere, we were approximately 88 metres away from capturing the suspect, but he was able to evade capture,” Worley said.
According to Worley, Billingsley knew the victims of the September 19 incident, which was not a random act, but the department did not warn the public about Billingsley at the time. According to him, the police have no reason to suspect LaPere knew Billingsley.
Man Wanted In Killing Of Baltimore Tech Entrepreneur Pava LaPere Is Arrested, Police Say.
“I hope this sends a message to anyone else who enjoys committing these kinds of cowardly, heinous acts that we will not tolerate it and will remove you from the streets of Baltimore,” said the mayor of Baltimore, Brandon Scott.
The public defender’s office, which has previously represented Billingsley, told The Associated Press on Tuesday that it was too soon to comment on this case. Thursday morning, the office waited to respond to an email seeking comment on behalf of Billingsley.
Bates stated that if a grand jury returns an indictment, his office will pursue a life sentence without parole.
“If this person is found guilty in a court of law, he or she will never again be able to harm any of the citizens of our fine city,” Bates said.
LaPere, named to Forbes’ 30 under 30 list for social impact earlier this year, was remembered at a vigil on Wednesday evening as someone who remained committed to building community and using entrepreneurship to create meaningful social change even as her national profile increased.
LaPere remained committed to the philanthropic endeavors that initially inspired her as she developed EcoMap, a platform that uses technology to curate data and make it more accessible throughout social ecosystems.
Frank LaPere, her father, told the crowd of more than 100 people assembled for the vigil, “She knew exactly what she wanted to accomplish, and nothing could stand in her way.”
according to Taboola
SOURCE – (AP)
Business
Netflix’s DVD-By-Mail Service Bows Out As Its Red-And-White Envelopes Make Their Final Trip
Netflix’s once-iconic DVD-by-mail service is finally coming to an end, a quarter century after two Silicon Valley visionaries came up with the idea that destroyed Blockbuster video stores while paving the way for video streaming, which has revolutionized the entertainment industry.
After its five remaining distribution centers in California, Texas, Georgia, and New Jersey mail their final discs on Friday, the DVD service that has consistently declined in the shadow of Netflix’s video streaming service will cease operations.
Less than one million remaining DVD service subscribers can retain the final discs that arrive in their mailboxes.
Longtime Netflix DVD subscriber Amanda Konkle said on Thursday as she awaited the arrival of her final disc, the 1971 British horror film “The Nightcomers” starring Marlon Brando, “It’s sad.” “It makes me feel sentimental. Acquiring these DVDs has been an integral part of my regimen for decades.
Netflix’s DVD-By-Mail Service Bows Out As Its Red-And-White Envelopes Make Their Final Trip
Some of the remaining DVD enthusiasts will receive up to ten discs as a farewell gift, including 41-year-old Konkle, who has viewed more than 900 titles since joining the service in 2006. In the hopes of being selected for the 10 DVD giveaway, Konkle prioritized Brando films and older films that are difficult to locate on streaming services in her queue.
At its height, the DVD had 16 million subscribers who could choose from more than 100,000 titles. But in 2011, Netflix decided to separate its DVD business from its streaming business, which now claims 238 million subscribers worldwide and generates $31.5 billion in annual revenue.
On the other hand, the DVD service generated only $146 million in revenue last year, making its eventual closure inevitable against the backdrop of intensifying competition in video streaming, which has compelled Netflix to cut costs to increase profits.
“It’s bittersweet,” Netflix’s CEO Marc Randolph said when the company delivered its first DVD, “Beetlejuice,” in April 1998. “We knew this day was coming, but the miraculous thing is that it didn’t come 15 years ago.”
SOURCE – (AP)
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