All posts tagged: Khalid

Al-Qaeda in Yemen announces death of leader Khalid Batarfi

Al-Qaeda in Yemen announces death of leader Khalid Batarfi

Al-Qaeda’s branch in Yemen has announced the death of its leader Khalid Batarfi and named a successor, SITE Intelligence Group reported Sunday, March 10. The monitoring service said Batarfi’s body was shown in footage released by Al-Qaeda in the Arabian Peninsula (AQAP) in a burial shroud and wrapped in a flag bearing the jihadist group’s name. “God took his soul while he patiently sought his reward and stood firm, immigrated, garrisoned, and waged jihad,” SITE quoted an AQAP veteran as saying of Batarfi in the nearly 15-minute video. There were no immediate details of the time or cause of Batarfi’s death. He was believed to be in his 40s. The United States considers Al-Qaeda’s Yemen branch the most dangerous faction of the global jihadist network, and the State Department designated Batarfi in 2018 a “global terrorist”. SITE said the group had named its new chief Saad bin Atef al-Awlaki, who last appeared in a video released in February 2023 urging Sunni tribesmen to join AQAP. The Sunni extremist group thrived in the chaos of years …

Former MoviePass Executive Khalid Itum Convicted of Embezzlement

Former MoviePass Executive Khalid Itum Convicted of Embezzlement

A former MoviePass executive has been convicted of embezzling at least $260,000 from the subscription movie service to repay money he borrowed to fund a party at Coachella Valley Music and Arts Festival in 2018. Khalid Itum was found guilty on Thursday on two counts of wire fraud, though he was acquitted of money laundering charges, announced the Department of Justice. The guilty verdict, returned by a jury after a trial in federal court in California, was the latest reminder of fraud perpetuated by MoviePass executives. The DOJ in 2022 charged former chief executives Theodore Farnsworth and J. Mitchell Lowe with securities fraud for engaging in a scheme to artificially inflate the price of the company’s stock by misleading investors. The false statements involved claims that MoviePass’ business model in which subscribers could see unlimited movies in theaters with no blackout dates for a flat monthly fee of $9.95 was a tested, sustainable business model. According to evidence presented at the trial, Itum — who stepped down in 2019 from his position as executive vice …

Building digital infrastructure for developing countries with Nasrat Khalid from Aseel

Building digital infrastructure for developing countries with Nasrat Khalid from Aseel

Welcome back to Found, where we get the stories behind the startups. On today’s episode, host Becca Szkutak is joined by our old friend Darrell Etherington to talk with Nasrat Khalid of Aseel. Aseel started as an ecommerce company making it possible for local artisans in Afghanistan to sell to customers across the world and has evolved into working in humanitarian aid delivering emergency food supplies to people in need in Afghanistan and Turkey. They also talk about: How Aseel built a digital infrastructure that made it possible for artisans in developing countries to sell to customers all over the world How the company pivoted from ecommerce to humanitarian aid when Afghanistan went into crisis in 2021 The potential ethical concerns that arise when your business focuses on the world’s most vulnerable populations Subscribe to Found to hear more stories from founders each week. Connect with us: On Twitter On Instagram Via email: [email protected] Source link