Disney paid at least $177 million to settle the “pink slime” defamation suit filed against its ABC News division, according to a footnote in the company’s latest quarterly earnings report.The amount was listed as “the settlement of litigation” and CNN reported that a lawyer for South Dakota-based meat processor Beef Products Inc. said his client received “even more than $177 million” when its defamation suit was settled in June on then-undisclosed terms.In his reports, Avila used the term “pink slime” 137 times to describe the substance, which results when beef trimmings are placed in a centrifuge to separate lean mean from fat and then treated with ammonia to kill E.coli and other bacteria, according to BBC.
NYS Entity Status
NYS Filing Date
MARCH 04, 2014
NYS DOS ID#
NYS Entity Type
FOREIGN BUSINESS CORPORATION
2014 - CENTRIFUGE SOLUTIONS, INC.
Around the Web
- Disney Paid $177 Million to Settle ABC News’ ‘Pink Slime’ Defamation Lawsuit
By Brian Flood, provided by
- Thursday Aug 10, 2017
- Nikki Haley says ‘China is aware they must act’ on North Korea
By Mark Moore - Sunday Jul 30, 2017
The US ambassador to the United Nations said North Korea’s mounting military provocations punctuated by the recent test-firing of an intercontinental ballistic missile will require an international “solution.” “Done talking about NKorea. China is aware they must act. Japan & SKorea must inc pressure. Not only a US problem. It will req an intl solution,”...
- Take down: Hackers looking to shut down factories for pay
By EMERY P. DALESIO, AP Business Writer - Wednesday Aug 9, 2017
DURHAM, N.C. (AP) — The malware entered the North Carolina transmission plant's computer network via email last August, just as the criminals wanted, spreading like a virus and threatening to lock up the production line until the company paid a ransom.AW North Carolina stood to lose $270,000 in revenue, plus wages for idled employees, for every hour the factory wasn't shipping its crucial auto parts to nine Toyota car and truck plants across North America, said John Peterson, the plant's information technology manager.Manufacturers, government and financial firms are now the top targets globally for illicit intrusions by criminals, foreign espionage agencies and others up to no good, according to a report this spring by NTT Security.A survey of nearly 3,000 corporate cybersecurity executives in 13 countries last year by Cisco Systems Inc. found about one out of four manufacturing organizations reported cyberattacks that cost them money in the previous 12 months.Since 2015, U.S. manufacturers considered "critical" to the economy and to normal modern life, like makers of autos and aviation parts, have been the main targets of cyberattacks — outstripping energy, communications and other critical infrastructure, according to Department of Homeland Security incident response data.The threat of computer code tailored to hit specific targets has been around since researchers in 2010 discovered Stuxnet, malware apparently designed to sabotage Iran's nuclear program by causing centrifuge machines to spin out of control.
- Ryder Trucks Launches Campaign With 'Inc.'
Tuesday Sep 19, 2017
"The campaign underscores how truck owners are essentially dumping cash all over America's highways from all the hidden costs required in maintaining a private fleet," Ryder's Karen Jones tells"Marketing Daily."
- NY AG presses TransUnion, Experian for cybersecurity details
By DAVID KLEPPER, Associated Press - Tuesday Sep 19, 2017
ALBANY, N.Y. (AP) — New York Attorney General Eric Schneiderman is pressing TransUnion and Experian to explain what cybersecurity they have in place to protect sensitive consumer information following a recent breach at Equifax that exposed the data of 143 million Americans.In letters to executives at the two credit monitoring companies, the Democratic attorney general asked them to describe their existing security systems as well as what changes they've made since the Equifax cyberattack."The unprecedented data breach experienced by Equifax Inc.
- Food & Wine Magazine Will Leave New York for Alabama
By STEPHANIE STROM - Friday Jun 23, 2017
The move reflects a changing business in which traditional food magazines, and a Manhattan address, are less important.