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“Not unusual nor improper”: Pandora Papers, leaders deny wrongdoing

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Following the release of 12 million files exposing the dealings of the world’s elite, several world leaders say they’ve got nothing to hide.

World leaders deny any wrongdoing

Reports are calling the Pandora Papers the biggest leak in history with Russian President Vladimir Putin and Jordan’s King are among 35 current and former leaders who have links to the papers.

Jordan’s palace says it is “not unusual nor improper” that the nation’s King owns property abroad.

The papers state that the royal spent more than 100 million US dollars on building his property empire abroad throughout Britain and America.

Meanwhile, the Kremlin has questioned the validity of the leaked information with a spokesperson calling it “unsubstantiated” information.

“For now it is just not clear what this information is and what it is about… the Kremlin didn’t see any hidden wealth of Putin’s inner circle in there”.

Further to this, India officials said they will launch a formal investigation into the “data dump”, with Pakistani Finance Minister Shaukat Tarin along with several other leaders named in the documents to be investigated.

The Panama Papers successor

The Pandora Papers were released by the International Consortium of Investigative Journalists (ICIJ) who are based in Washington DC in association with 140 media organisations.

As part of their investigation, more than 11.9 million records were acquired equating to around 2.94 terabytes of data.

Six hundred journalists were involved in the investigation.

It comes five years following the leak of the Panama Papers which exposed wealthy individuals hiding large sums of money from law enforcement.

ICIJ journalist, Scilla Alecci joined ticker earlier, saying the secretive nature of offshore accounts is dangerous, especially when used by politicians.

Scilla alecci, Journalist ICIJ

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Prayer app Hallow takes #1 spot on Apple App Store

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A new Catholic prayer app recently beat out major social media apps in global downloads.

The company says, Hallow passed 10-million downloads and 225-million prayers prayed around the globe, becoming the largest prayer app in the world.

Hallow has also become the first faith-based app to ever crack the top 10 apps in the App Store coming in at #3 overall–and beating Netflix, Spotify, Instagram, Amazon, Tiktok, and YouTube.

The Cofounder and CTO of Hallow Erich Kerekes joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #apps #prayerapp #socialmedia #Applestore #business

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Google’s take on AI search to shake market direction

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Search Generative Experience (SGE), is the latest innovation from Google Labs

This cutting-edge feature, recently announced by Google, is set to transform search results for a select subset of queries and a small portion of U.S. search traffic.

With SGE, instead of the traditional top-10 results, users may encounter AI-generated responses prominently displayed at the top of the page.

This shift has significant implications, as it pushes both ads and organic results further down the page. Stay tuned for updates on this groundbreaking development in search technology.

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The battery set to change Electric Vehicles and Tesla’s market share

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The world’s biggest battery maker announced this week they’re working with Tesla to making cheaper batteries.

Recent developments in the electric vehicle (EV) market raise essential questions about its trajectory.

Cost cuts by the world’s largest battery maker could impact EV prices, potentially boosting their competitiveness. Meanwhile, advancements in mileage, power, and charging times are driving increased adoption.

However, considerations about downsides like battery disposal and resource extraction are pertinent. Nonetheless, the broader implications for climate change efforts and the automotive industry underscore the transformative potential of EVs in creating a more sustainable future.

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