George Zhao, the chief executive of Chinese smartphone firm Honor, has resigned from his position citing personal reasons, with Jian Li taking over as CEO. Honor expressed gratitude for Zhao’s contributions and confirmed his departure due to health reasons in an internal memo, stating his intention to focus on recovery and family. Li, who has held various senior management roles at Honor for four years, will now lead the company in Zhao’s absence.
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DEA informant charged in alleged scheme to extort high-level cocaine traffickers
A former drug informant, Jorge Hernández, has been arrested for allegedly attempting to extort major cocaine traffickers by posing as a paralegal who could secure lighter sentences for them. He faces charges of conspiring to commit wire fraud, having demanded $1 million from traffickers in exchange for false promises of leniency, despite lacking the authority to do so. Need More Context? 🔎
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