Business Archive

JW Zhang, founder of US-based Aventon, now has control over UK-based Gocycle — the financially troubled maker of premium, fast-folding electric bikes. “Aventon is going to help Gocycle unleash its true potential and bring more exciting products to people in the future,” said an unidentified Aventon spokesperson speaking to Cycling Electric.

Isn’t it funny how all these tech and science men have ties to Epstein? I wonder why! Anyway, Epstein invested with Thiel’s Valar Ventures — and that investment hasn’t previously been disclosed. Guess what that means? “There’s a good chance much of the windfall will not go to any of the roughly 200 victims whom the disgraced financier abused when they were teenagers or young women.”

Deadline reports on another round of mass layoffs at Disney, affecting hundreds of people. “...across divisions of Disney Entertainment, including marketing for both film and television as well as television publicity, casting and development,” as well as corporate financing.