Los Angeles, Dec 15 (IANS) Popular American singer-rapper Akon will be launching a streaming app featuring classic Hollywood films.
The entrepreneur, 45, is teaming up with Samsung to launch the Cinémoi Channel app, a subscription-based video streaming app available 24 hours a day.
"We're always looking for new ways to engage our customers," Akon said in a statement to people.com.
"With the Cinémoi Channel app, we're responding to consumer demand, helping deliver content through a new experience that makes finding entertainment easy for our customers," he added.
Featuring classic films like "A Star Is Born" and modern-day movies like "Wreckers", as well as specials including "The Jonathan Ross Show" and more, the app will reach more than 39 million smart TVs and 95 million smartphones worldwide.
Earlier this year, Akon announced his plans to launch a new cryptocurrency called Akon geared towards helping people in Africa.
New Delhi, Dec 15 (IANS) The Enforcement Directorate (ED) on Saturday said it has seized assets worth Rs 20.87 crore of Dabur India Director Pradip Burman and properties worth Rs 10.28 crore of Emmar MGF Managing Director Shravan Gupta, for holding assets abroad.
The Directorate said that seizure order was issued pursuant to investigation which revealed that Burman has deposited US$32,12,000 in his account with Zurich branch of the HongKong and Sanghai Banking Corporation (HSBC), in Switzerland.
The agency said in a statement, the money deposited was in contravention of the Foreign Exchange Management Act (FEMA), and the amount had not been remitted to India to date.
The ED said the seizure of assets of Gupta were made for holding US$15,40,650 in HSBC, Switzerland in contravention of the FEMA.
"Investigation conducted so far has revealed that Gupta had parked US$15,40,650 with HSBC, Switzerland and failed to produce any evidence of bringing the entire amount back to India to date," the agency said.