Samsung Implements Emergency 6-Day Work Week to Combat Slowing Growth 
Google Fired Workers Protesting Over Cloud Contract Deal With Israel 
PUMA and BMW MMS Launch Vibrant Crews Go Summer Collection 
Adidas Unveils Innovative Team Kits for Paris 2024 Olympics and Paralympics 
Coca-Cola Launches Global 'Recycle Me' Campaign to Champion Recycling 
Amazon Ditches Its ‘Just Walk Out’ Cashierless Shopping Tech, Decides to Offer the System to Other Stores 
Will global oil supply be at risk if Iran and Israel pull the Middle East into war? 
Narendra Modi’s economy isn’t booming for India’s unemployed youth 
Tokyo's Iconic Starbucks Overlooking Shibuya Scramble Crossing Reopens with Fresh Design 
Why China’s economy has hit a wall 
Canada Set to Enforce OECD Crypto Tax Standards by 2026 
Apple Pulls WhatsApp, Threads from China Store; US Moves to Force TikTok Sale 
Why Africa can be the beating heart of South Korea’s technology industry 
‘They don’t have enough’ – schools in England are running food banks for families 
JD.Com’s founder Richard Liu has settled his civil lawsuit related to a sexual assault complaint in the United States. The billionaire that owns one of the largest e-commerce platforms in China has resolved the case that was brought to court by Liu Jingyao, a former student at the University of Michigan.
As per Reuters, the student accused the businessman, who is also being called the Jeff Bezos of China, of rape. The suit has been in court since 2018, and the long-running legal battle was filed by Liu Jingyao, who was only 21-year-old at that time.
They also confirmed through the statement that the suit has already been settled after the jury selection proceedings at a court in Minnesota. However, they did not release any other details regarding the terms or any amount that was agreed on in the settlement.
The multi-billionaire vacated his post as the chief executive officer of JD.com this year as Beijing tightens its hold on tech firms in the country. He dismissed the allegation of student Jingyao Liu, and it was said that the prosecutors never filed any criminal charges thus, it was only a civil suit. Moreover, Associated Press News reported that in a joint statement from the lawyers of the two parties, they said that the incident was just “a misunderstanding.”
“The incident between Ms. Jingyao Liu and Mr. Richard Liu in Minnesota in 2018 resulted in a misunderstanding that has consumed substantial public attention and brought profound suffering to the parties and their families,” AP quoted the lawyers as saying in a joint statement. “Today, the parties agreed to set aside their differences, and settle their legal dispute in order to avoid further pain and suffering caused by the lawsuit.”
Finally, the settlement was published two days before the trial was set to start this week at a courtroom in Minneapolis court. The jury has already been selected, and they consist of five women and seven men, but it appears that the trial will no longer proceed as both sides have reached a settlement deal.
