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Tag: Chiefs

Imagination chiefs quit amid threat of Chinese power-grab

Imagination chiefs quit amid threat of Chinese power-grab

Business
Two more of Imagination Technologies' top executives have submitted their resignations in protest at moves by a state-owned Chinese investor to seize control of its board, further destabilising one of Britain's most important technology companies.Sky News has learnt that Steve Evans, chief product officer, and John Rayfield, chief technical officer, both quit early last week amid a growing furore on both sides of the Atlantic about the future ownership of the chip developer. Mr Evans is understood to have said in his resignation letter: "I will not be part of a company that is effectively controlled by the Chinese government."Their expected departures have emerged just 48 hours after the departure of Ron Black, chief executive.The management crisis - which means that one-third of Imaginati...
Watch: Two arrested after police chase on Kansas City Chiefs’ Super Bowl parade route

Watch: Two arrested after police chase on Kansas City Chiefs’ Super Bowl parade route

Sports
Feb. 5 (UPI) -- Two suspects were taken into custody after a car chase along the parade route for the Super Bowl LIV champion Kansas City Chiefs, police said. According to a release issued Wednesday by Kansas City police, the incident began at 8:12 a.m. CST when the vehicle broke through a parade barrier. Police deployed stop sticks, which the car struck, but the vehicle kept going down the parade route lined with fans. Videos from the parade showed police making contact with the car before executing a PIT maneuver, a tactic that forces a fleeing vehicle to turn sideways and lose control. Once the car was stopped, police officers immediately surrounded the vehicle. Police said the driver was being investigated for impairment and a search of the car found no weapons. The release said no m...
Kyle Shanahan: 49ers must play 60 minutes to stop Chiefs, ‘freak’ Patrick Mahomes

Kyle Shanahan: 49ers must play 60 minutes to stop Chiefs, ‘freak’ Patrick Mahomes

Sports
MIAMI, Jan. 27 (UPI) -- San Francisco 49ers coach Kyle Shanahan said his team must play hard for the entire 60 minutes of Super Bowl LIV if they hope to contain Kansas City Chiefs quarterback Patrick Mahomes. "All good quarterbacks are tough to beat and plan for and Patrick is as good as anyone," Shanahan said at Super Bowl Opening Night Monday at Marlins Park in Miami. "When you have the arm strength he has and athletic ability he has, there is not one throw he can't make. "He can create stuff and play in the pocket and play in a rhythm like a true pocket passer and when stuff breaks down he can be a freak and creative." Mahomes showed his freakish features by leading the Chiefs out of a 24-0 hole to win their first game this postseason against the Houston Texans. He threw three more to...
Ryanair chief’s Flybe row with Javid takes off

Ryanair chief’s Flybe row with Javid takes off

Business
The row about a government-backed rescue package for the regional airline Flybe intensified on Tuesday with a fresh attack by Ryanair's chief executive on Sajid Javid, the chancellor.Sky News has obtained a letter sent by Michael O'Leary accusing Mr Javid of making "inaccurate and seriously misleading" statements about Flybe's finances. Mr O'Leary described a short-term tax deferral granted to Flybe known as a "Time to Pay" arrangement as a "breach of state aid rules" because "all of its competitor airlines in the UK continue to pay their [Air Passenger Duty] on time".In his letter, the Ryanair boss stepped up his criticism of Flybe's owners - led by Sir Richard Branson's Virgin Atlantic - by asking Mr Javid: "If these billionaire shareholders are not willing to put their hand in their own...
WH Smith faces row over new chief’s pension award

WH Smith faces row over new chief’s pension award

Business
WH Smith risks becoming the first major company to face a pay backlash this year after an influential adviser warned investors over the pension award to its new chief executive.Sky News has learnt that the voting advisory service run by the Investment Association (IA) has issued a red-top notice - its strongest-possible objection - over the high street retailer's remuneration report ahead of this month's annual general meeting. The IA's alert relates to the fact that Carl Cowling, who recently took over as WH Smith's chief executive, is being paid a pension contribution worth 12.5% of his salary - a proportion higher than the average paid to the company's workforce.The investor body has run a prominent campaign over the last year aimed at forcing blue-chip to curtail pension perks for thei...