Elon Musk Testifies in Trial Over Tweets About Taking Tesla Private
Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Elon Musk Testifies in Trial Over Tweets About Taking Tesla Private
Elon Musk Testifies , in Trial Over Tweets , About Taking Tesla Private.
On January 23, Tesla CEO Elon Musk took the witness
stand in a trial to determine whether he intentionally
mislead investors with an August 2018 tweet.
.
On January 23, Tesla CEO Elon Musk took the witness
stand in a trial to determine whether he intentionally
mislead investors with an August 2018 tweet.
.
The lawsuit made by Tesla investors claims that Musk's
tweet stating that he had "secured" funding for taking
Tesla private caused them to lose large sums of money.
The lawsuit made by Tesla investors claims that Musk's
tweet stating that he had "secured" funding for taking
Tesla private caused them to lose large sums of money.
The tweet has already been
ruled as both false and reckless
by U.S. Judge Edward Chen.
.
NBC reports that Musk believes he can
convince the jury that he was unaware
that the tweet was false when he sent it.
.
NBC reports that Musk believes he can
convince the jury that he was unaware
that the tweet was false when he sent it.
.
Musk has also suggested that movements
in Tesla's stock price are not
dictated by his personal tweets.
Just because I tweet something
does not mean people believe it
or will act accordingly, Elon Musk, Tesla CEO, via NBC.
According to Musk's attorney, Alex Spiro, the Tesla
CEO was taking steps to finalize a deal with Saudi
backers back in 2018 when he sent the tweet.
.
According to Musk's attorney, Alex Spiro, the Tesla
CEO was taking steps to finalize a deal with Saudi
backers back in 2018 when he sent the tweet.
.
Spiro suggests that Musk was trying to protect the
"everyday shareholder" by sending the tweet, which
may have contained some "technical inaccuracies.".
Spiro suggests that Musk was trying to protect the
"everyday shareholder" by sending the tweet, which
may have contained some "technical inaccuracies.".
Nicholas Porritt, a lawyer representing shareholders,
argues that Musk was fully aware the deal with Saudi
Arabia's public investment fund was not final at the time.
.
Nicholas Porritt, a lawyer representing shareholders,
argues that Musk was fully aware the deal with Saudi
Arabia's public investment fund was not final at the time.
Sometimes L.A. freeways look like action movie scenes, but this car flying several feet into the air and flipping over after a tire popped off a truck ... is.. TMZ.com
Elon Musk Sets Poop Emoji , as Autoreply to Reporters.
Elon Musk Sets Poop Emoji , as Autoreply to Reporters.
Gizmodo reports that Twitter CEO Elon Musk made the announcement via a tweet on March 19.
When Gizmodo reached out to press@twitter.com for a comment,
they received a poop emoji in return.
Amid Musk's mass layoffs since
acquiring the company in October,
Twitter's communications team was let go.
The move is in line with policies at his other companies, Tesla and SpaceX, which don't make a habit of responding to the press.
The move is in line with policies at his other companies, Tesla and SpaceX, which don't make a habit of responding to the press.
Musk has a history of disdain for the media.
In February, Musk said Twitter would take legal action against a disgruntled ex-employee who was a source for a Platformer article.
In December, Musk referred to a Reuters article alleging that Twitter had taken down suicide prevention information as "fake news.".
According to CBS News, Musk has also accused reporters of bias against Tesla and being in cahoots with the company's rivals
Credit: Wibbitz Top Stories Duration: 01:31Published
Alex Gibney to Make , Elon Musk Documentary.
Alex Gibney to Make , Elon Musk Documentary.
'Variety' reports that the Oscar-winning director made the announcement on March 6.
The project, which is already in production, will be a “definitive and unvarnished examination of multi-billionaire tech entrepreneur and CEO of Tesla, SpaceX and Twitter.”.
Gibney said he was "hugely excited"
to examine Musk on film.
The documentary will be produced by
Jigsaw Productions, Closer Media,
Anonymous Content and Double Agent.
Now is the moment for a rigorous portrait of Elon Musk, who is undeniably one of the most influential figures of our time. , Zhang Xin, Closer Media founder, via statement.
Closer Media is thrilled to join forces with Alex Gibney, Anonymous Content, and Double Agent to take on the challenge of examining Musk
and his impact on the world, Zhang Xin, Closer Media founder, via statement.
Some of Gibney's notable works include
'Going Clear: Scientology and the Prison of Belief,'.
'Taxi to the Dark Side,'
'Enron: The Smartest Guys in the Room'.
and 'Steve Jobs: The Man in the Machine.'
Credit: Wibbitz Top Stories Duration: 01:30Published
Tesla Issues Price Cuts , on Most Expensive Models.
CNN reports that in January,
the company offered discounts up to 20%.
The discounts led to increased orders.
CNN reports that Tesla CEO Elon Musk said the company would lower prices further to drive demand, which it appears they have done.
CNN reports that Tesla CEO Elon Musk said the company would lower prices further to drive demand, which it appears they have done.
The desire for people to own a Tesla is extremely high. The limiting factor is their ability to pay for a Tesla, Elon Musk, via Tesla's investor day.
CNN reports the Model S and Model X made up
close to 4% of Tesla's global deliveries last year.
CNN reports the Model S and Model X made up
close to 4% of Tesla's global deliveries last year.
The company's cheaper models, the Model 3 sedan and Model Y crossover, accounted for the rest.
The company's cheaper models, the Model 3 sedan and Model Y crossover, accounted for the rest.
According to Tesla's website, both
Model S versions are now $5,000 less.
The price of Model X cars was cut by $10,000.
Reuters reports that Tesla intends to
produce a new Model 3 version this year
Credit: Wibbitz Top Stories Duration: 01:30Published
According to reports, Elon Musk has once again lost his spot as the world's richest person just 48 hours after he reclaimed the title. Earlier this week, the Tesla and SpaceX chief briefly retook the number one spot on the global wealth pyramid.
#ElonMusk #BernardArnault #WorldsRichestPerson
Neil deGrasse Tyson is amused by Elon Musk and others who think AI technology is a threat to humanity ... he thinks the doomsday bunch are watching too many.. TMZ.com
Experts Call for Pause , in Development of , Advanced AI Systems.
'The Guardian' reports that over 1,000 artificial
intelligence experts have issued a call for
a temporary halt to developing AI. .
The experts, which include Elon Musk, think the
halt should last for at least six months so that the dangers of systems like GPT-4 can be studied and mitigated.
The experts, which include Elon Musk, think the
halt should last for at least six months so that the dangers of systems like GPT-4 can be studied and mitigated.
Musk co-founded OpenAI, the research lab
responsible for the creation of ChatGPT
and its latest iteration, GPT-4. .
Other AI experts to sign the demand include
Emad Mostaque, who founded London-based Stability AI, and Steve Wozniak, the co-founder of Apple.
Other AI experts to sign the demand include
Emad Mostaque, who founded London-based Stability AI, and Steve Wozniak, the co-founder of Apple.
Signatories also include engineers working at
DeepMind, Microsoft, Meta, Google and Amazon.
Signatories also include engineers working at
DeepMind, Microsoft, Meta, Google and Amazon.
The letter was coordinated by
thinktank Future of Life Institute.
Recent months have seen AI labs locked
in an out-of-control race to develop and
deploy ever more powerful digital minds
that no one – not even their creators –
can understand, predict, or reliably control. , Future of Life Institute letter, via 'The Guardian'.
Powerful AI systems should be
developed only once we are confident
that their effects will be positive
and their risks will be manageable, Future of Life Institute letter, via 'The Guardian'.
The authors cite OpenAI's co-founder, , Sam Altman, who wrote in February, .
“At some point, it may be important to get independent review before starting to train future systems, and for the most advanced efforts to agree to limit the rate of growth of compute used for creating new models.”.
The authors of the Future of Life Institute
letter wrote in response to Altman, , “We agree. That point is now.”
Credit: Wibbitz Top Stories Duration: 01:31Published
The growth of AI technology is going too far too quickly and dangerously -- at least, according to tech giants Elon Musk and Apple co-founder Steve Wozniak ..... TMZ.com
Elon Musk and a group of artificial intelligence experts are calling for a pause in the training of powerful AI systems due to the potential risks to society and.. Sky News
Vatican Says , Pope Francis Is 'Improving' , After Being Hospitalized.
On March 30, the Vatican said that
Pope Francis is "progressively improving"
after spending a night in a hospital in Rome. .
According to the Vatican,
the 86-year-old pontiff was
diagnosed with a respiratory infection.
Vatican spokesman Matteo Bruni said
that the pope had “rested well overnight”
before resuming his work.
The clinical picture is progressively improving and he is continuing his planned treatment. This morning after having breakfast, he read some newspapers and resumed work, Matteo Bruni, Vatican spokesman, via NBC.
The clinical picture is progressively improving and he is continuing his planned treatment. This morning after having breakfast, he read some newspapers and resumed work, Matteo Bruni, Vatican spokesman, via NBC.
On March 29, Francis complained
of having difficulty breathing and
was taken to the Gemelli hospital.
On March 29, Francis complained
of having difficulty breathing and
was taken to the Gemelli hospital.
At the time, the Vatican said
the pope would likely spend
a few days in the hospital.
At the time, the Vatican said
the pope would likely spend
a few days in the hospital.
NBC reports that news of Francis'
hospitalization has given rise to
questions regarding his general health.
The cancellation of Francis' audiences through
March 31 has also raised questions about
the pope's participation in the upcoming Holy Week. .
On March 30, a tweet from the pope's
account said Francis was
"touched by the many messages received.".
NBC reports that Francis had part
of one lung removed when he was younger
due to a respiratory infection. .
NBC reports that Francis had part
of one lung removed when he was younger
due to a respiratory infection.
Credit: Wibbitz Top Stories Duration: 01:30Published
Rand Paul Blocks , Josh Hawley’s Attempt , to Ban TikTok in the US.
Rand Paul Blocks , Josh Hawley’s Attempt , to Ban TikTok in the US.
NBC reports that divisions have
emerged on Capitol Hill in the ongoing
debate over banning TikTok.
NBC reports that divisions have
emerged on Capitol Hill in the ongoing
debate over banning TikTok.
The opposition has reportedly created new
challenges for lawmakers looking to ban the popular
Chinese-owned app in the United States.
The opposition has reportedly created new
challenges for lawmakers looking to ban the popular
Chinese-owned app in the United States.
On March 30, Republican Senator
Josh Hawley (Missouri) sought to pass his bill
to ban TikTok by unanimous consent.
On March 30, Republican Senator
Josh Hawley (Missouri) sought to pass his bill
to ban TikTok by unanimous consent.
However, fellow Republican Senator
Rand Paul (Kentucky) objected to the bill.
If Republicans want to continuously
lose elections for generations, they should
pass this bill to ban TikTok, a social media
app used by 150 million people,
primarily young Americans. , Rand Paul, Republican Senator, via NBC.
If Republicans want to continuously
lose elections for generations, they should
pass this bill to ban TikTok, a social media
app used by 150 million people,
primarily young Americans. , Rand Paul, Republican Senator, via NBC.
Have faith that our desire for freedom is
strong enough to survive a few dance videos, Rand Paul, Republican Senator, via NBC.
NBC reports that Hawley expressed
disbelief at Paul's argument
to defend his objection.
I have never before heard
on this floor a defense
of the right to spy, Josh Hawley, Republican Senator, via NBC.
I didn’t realize that
the First Amendment
contained a right to espionage, Josh Hawley, Republican Senator, via NBC.
NBC reports that the intraparty clash
comes as several other bipartisan bills also
look to prohibit TikTok in the U.S.
NBC reports that the intraparty clash
comes as several other bipartisan bills also
look to prohibit TikTok in the U.S.
The White House has backed one of those bills, which would
give the commerce secretary the power to ban any
foreign apps that pose a threat to national security.
The White House has backed one of those bills, which would
give the commerce secretary the power to ban any
foreign apps that pose a threat to national security
Credit: Wibbitz Top Stories Duration: 01:30Published
Russia Halts Sharing , Information Regarding Nuclear Forces , With the US.
NBC reports that a Russian diplomat has announced
that Moscow has stopped sharing information
regarding its nuclear forces with the United States.
According to Sergei Ryabkov, Russia's
deputy foreign minister, the suspension
of information includes any missile tests. .
All notifications, all kinds of notifications,
all activities under the treaty will be
suspended and will not be conducted
regardless of what position the U.S. may take, Sergei Ryabkov, Russia's deputy foreign minister, via NBC.
The news comes after Russia ended its
participation in the last remaining nuclear
arms pact between the two superpowers.
Last month, President Vladimir Putin
ended Russia's involvement
with the START treaty.
At the time, Putin said that Russia could not accept
U.S. inspections of nuclear sites after NATO declared
that its goal was a Russian defeat in Ukraine.
NBC reports that Russia's foreign ministry
said that Moscow would continue to respect
the treaty's caps placed on nuclear weapons.
Russia's defense ministry said that military drills
currently underway will include Yars mobile missile
launchers moving across three regions of Siberia.
NBC reports that the Yars is a nuclear
capable intercontinental ballistic missile
with a range in excess of 6,800 miles.
According to the ministry, the drills
will include measures to keep the deployment
concealed from foreign intelligence.
Credit: Wibbitz Top Stories Duration: 01:31Published
Sam Bankman-Fried , Hit With Additional , Federal Charge of Bribery.
On March 28, federal prosecutors unsealed another
charge against Sam Bankman-Fried, accusing him
of bribing a government official in China.
NBC reports that the new indictment accuses
Bankman-Fried of bribing at least one government
official in China with a $40 million payout in 2021.
NBC reports that the new indictment accuses
Bankman-Fried of bribing at least one government
official in China with a $40 million payout in 2021.
Currently, the former cryptocurrency mogul is
awaiting trial on a number of crimes related to
the collapse of FTX and his hedge fund Alameda.
Currently, the former cryptocurrency mogul is
awaiting trial on a number of crimes related to
the collapse of FTX and his hedge fund Alameda.
According to the indictment, Bankman-Fried directed an
employee to make bribery payments after several
Alameda accounts were frozen by Chinese authorities.
According to the indictment, Bankman-Fried directed an
employee to make bribery payments after several
Alameda accounts were frozen by Chinese authorities.
After confirmation that the Accounts
were unfrozen, BANKMAN-FRIED
authorized the transfer of additional
tens of millions of dollars in
cryptocurrency to complete the bribe, Unsealed indictment against Sam Bankman-Fried, via NBC.
NBC reports that the charge of bribery comes as
the latest in a growing list of criminal charges since
Bankman-Fried was first arrested in December.
NBC reports that the charge of bribery comes as
the latest in a growing list of criminal charges since
Bankman-Fried was first arrested in December.
So far, Bankman-Fried has pleaded
not guilty to securities fraud, conspiracy
and eight counts of wire fraud.
NBC reports that Bankman-Fried is currently out
on bail. The recently revised terms allow him to possess a basic phone and computer.
NBC reports that Bankman-Fried is currently out
on bail. The recently revised terms allow him to possess a basic phone and computer.
FTX, once one of the world's largest
crypto exchanges, is now under new
leadership after declaring bankruptcy.
FTX, once one of the world's largest
crypto exchanges, is now under new
leadership after declaring bankruptcy.
The company is currently in the process
of unwinding its business and attempting
to recover any remaining assets.
Credit: Wibbitz Top Stories Duration: 01:31Published
White House Says Israel, Likely To Abandon Planned , Overhaul of Judicial System.
NBC reports that the Biden administration believes that
Israel's government will likely abandon its plan to overhaul
the judicial system amid widespread protests and strikes.
NBC reports that the Biden administration believes that
Israel's government will likely abandon its plan to overhaul
the judicial system amid widespread protests and strikes.
On March 27, Netanyahu
announced that a vote on the proposed
changes would be postponed. .
While the postponement
brought an end to strikes,
the protests have continued. .
Critics warn that the plan would not only
weaken the power of the judicial system, it would
remove a crucial check on executive power. .
The plan would have allowed a majority of the Knesset
to overturn Supreme Court rulings, which would have
effectively eliminated the power of the judicial branch.
John Kirby, a White House National Security Council
spokesman, said that Biden has urged Netanyahu to , “design a way forward that was based on compromise
and that could result in that sort of consensus support.”.
But he was very clear, and it really
does come from a position of respect
and friendship for Israel and
everything that Israel stands for, John Kirby, White House National Security
Council spokesman, via NBC.
NBC reports that the controversy
in Israel comes as democracies and
autocracies are clashing over primacy.
This ongoing battle means that the Biden administration
cannot afford to allow a U.S. ally to abandon the checks
and balances that serve as a foundation for democracy.
This ongoing battle means that the Biden administration
cannot afford to allow a U.S. ally to abandon the checks
and balances that serve as a foundation for democracy.
NBC reports that some officials in both the U.S. and Israel
have accused Biden of failing to issue a straight forward
condemnation of the planned judicial overhaul.
Credit: Wibbitz Top Stories Duration: 01:30Published
A nine-person jury was selected Tuesday to hear a trial that will determine whether Tesla CEO Elon Musk cheated investors with tweets in 2018 saying that he had lined up financing to take the electric..
Credit: euronews (in English) Duration: 01:06Published
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