Hundreds of protesters attempted to storm Tesla's factory near Berlin Friday ... and CEO Elon Musk has already called out the demonstrators -- who got into an.. TMZ.com
Dive into the controversy surrounding Tesla's recent layoffs as Elon Musk's termination mail, described as 'insensitive', sparks outrage among employees and netizens. Join us as we explore the fallout and hear firsthand accounts from affected employees, shedding light on the human impact of corporate decisions.
#ElonMusk #ElonMuskMail #Tesla #TeslaLayoff #TeslaTerminationMail #TeslaEmployee #TeslaNews #Oneindia
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Elon Musk , Loses Appeal of , 'Twitter Sitter' Provision .
On April 29, the Supreme Court denied billionaire
Elon Musk's challenge to the terms of a Securities
and Exchange Commission agreement. .
On April 29, the Supreme Court denied billionaire
Elon Musk's challenge to the terms of a Securities
and Exchange Commission agreement. .
NBC reports that the SEC requirement
would require a lawyer to review
the Tesla CEO's social media posts. .
In his appeal, Musk argued that the SEC's requirement,
which has been dubbed the 'Twitter sitter' provision,
unlawfully imposed conditions on his freedom to comment. .
In his appeal, Musk argued that the SEC's requirement,
which has been dubbed the 'Twitter sitter' provision,
unlawfully imposed conditions on his freedom to comment. .
The SEC requirement stems from Musk's tweets in 2018 that
claimed he was taking Tesla private, which shocked the
market and caused shares in the company to surge.
The SEC requirement stems from Musk's tweets in 2018 that
claimed he was taking Tesla private, which shocked the
market and caused shares in the company to surge.
The SEC deemed the tweets
"materially false and misleading,"
and in clear violation of securities laws.
At the time, Musk agreed to settle the issue
with the SEC, which included his signing off
on the so-called "Twitter sitter" provision.
NBC reports that Musk has since said
the restrictions are unconstitutional and that
he was coerced into signing the SEC agreement.
According to court papers, lawyers
representing Musk have accused the SEC
of waging an "ongoing campaign" against Musk.
Musk's legal team claim the provision , "restricts Mr. Musk’s speech even
when truthful and accurate.".
It extends to speech not
covered by the securities laws
and with no relation to the conduct
underlying the SEC’s civil action, Elon Musk legal team, via NBC.
In response, the SEC said in court papers
that Musk waived his right to appeal
when he signed off on the settlement.
Credit: Wibbitz Top Stories Duration: 01:31Published
Musk is viewed in China as a favourable contrast to the stern statements from US officials, particularly during the recent visit by US Secretary of State Antony Blinken.
Credit: euronews (in English) Duration: 00:50Published
Elon Musk found himself in the crosshairs of controversy once again as he clashed with Australian authorities over content censorship on his platform, X. The dispute stemmed from a court order instructing X to remove video posts depicting a violent incident involving an Assyrian bishop. Musk, known for his outspoken nature, accused Australian leaders of attempting to stifle internet freedom, drawing condemnation from lawmakers.
#ElonMusk #AnthonyAlbanese #ElonMuskVsAustralia #XStabbingPosts #PostCensorship #Australia #SenatorTargeted #XDispute #SydneyChurchStabbing #CensorshipBattle #GunLawsDebate #InternetFreedom #ContentRegulation #LegalChallenge
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Credit Card Delinquencies , Are on the Rise.
New York Federal Reserve data that was published on May 15 shows that credit card delinquencies kept rising from January to March, Fox Business reports. .
In Q1 2024, delinquencies reached
8.9% at an annualized rate.
America hasn't seen this high of a
percentage of serious credit card
delinquencies since 2012, Fox News reports. .
In the first quarter of 2024, credit
card and auto loan transition rates
into serious delinquency continued
to rise across all age groups, Joelle Scally, regional economic principal within the Household and
Public Policy Research Division at the New York Fed, via Fox Business.
An increasing number of borrowers
missed credit card payments,
revealing worsening financial
distress among some households, Joelle Scally, regional economic principal within the Household and
Public Policy Research Division at the New York Fed, via Fox Business.
Researchers aren't sure why delinquencies
are so high since the unemployment rate
is low, but they have a few theories.
One of those theories is that consumers drained savings throughout the pandemic
but continue to spend at high levels.
Another theory is that some Americans switched to jobs with lower salaries.
Additionally, credit card eligibility may have been expanded for many whose student debt wasn't being reported to credit bureaus amid the pandemic.
These are all kinds of complex issues.
We don't exactly know what's behind the
increase of these delinquency rates. But it's
definitely something that we're tracking, New York Fed researchers, via Fox Business.
The average annual percentage rate for
credit cards hit a record of 20.72% recently.
Credit: Wibbitz Top Stories Duration: 01:31Published
US Military Looks to , Recruit Tech Experts While , Cutting Overall Troop Numbers.
United States special operations commanders have
been tasked with cutting overall forces by 5,000
troops, while also adding more high-tech experts. .
United States special operations commanders have
been tasked with cutting overall forces by 5,000
troops, while also adding more high-tech experts. .
United States special operations commanders have
been tasked with cutting overall forces by 5,000
troops, while also adding more high-tech experts. .
Fox News reports that the conflicting goals, which have
forced a broader restructuring of commando teams,
have been influenced by Russia's ongoing war in Ukraine.
U.S. Army Special Operations Command plans to
increase the size of Green Beret teams by adding
members with specialized technical abilities.
U.S. Army Special Operations Command plans to
increase the size of Green Beret teams by adding
members with specialized technical abilities.
Additional team members could include
computer software experts capable of
reprograming drones and other tech gear on the fly. .
Additional team members could include
computer software experts capable of
reprograming drones and other tech gear on the fly. .
Additional team members could include
computer software experts capable of
reprograming drones and other tech gear on the fly. .
Gen. Bryan Fenton, commander of U.S. Special
Operations Command, says the U.S. is "taking a lot
of lessons learned out of the experience in Ukraine.".
Gen. Bryan Fenton, commander of U.S. Special
Operations Command, says the U.S. is "taking a lot
of lessons learned out of the experience in Ukraine.".
According to Fenton, special operations
were ordered to cut about 2,000 personnel,
including 750 from the army. .
According to Fenton, special operations
were ordered to cut about 2,000 personnel,
including 750 from the army. .
In 2024, the department was
ordered to cut an additional 3,000
personnel over the next five years. .
So the real Army reduction in totality is
almost 4,000, and the remaining 1,000
will come from the joint force, SEALs,
Marine raiders, other Army units, Gen. Bryan Fenton, commander of U.S. Special Operations Command.
So the real Army reduction in totality is
almost 4,000, and the remaining 1,000
will come from the joint force, SEALs,
Marine raiders, other Army units, Gen. Bryan Fenton, commander of U.S. Special Operations Command.
Maj. Gen. Patrick Roberson, deputy commander of the
command at Fort Liberty in North Carolina, estimates
that at least 30% of those cuts will be in open jobs. .
According to Roberson, other cuts will be aimed at
redundancies among trainers and instructors, as
well as civil affairs and psychological operations. .
According to Roberson, other cuts will be aimed at
redundancies among trainers and instructors, as
well as civil affairs and psychological operations.
Credit: Wibbitz Top Stories Duration: 01:31Published
Iranian President Vows to Destroy Israel , if It Launches the ‘Tiniest Invasion’.
On April 13, Iran attacked Israel with
hundreds of drones and missiles.
It was the first time that Iran has ever launched a direct military attack on Israel, Fox News reports. .
Although Israel was able to fend off
about 99% of the projectiles, the
country is considering retaliation.
On April 17, Iranian President Ebrahim Raisi warned Israel that if it does decide to
attack with even the "tiniest invasion," .
Iran's response would be "massive and harsh.".
Nothing would remain
from the Zionist regime, Iranian President Ebrahim Raisi, via Fox News.
Raisi delivered his remarks during
a military parade north of Tehran.
Prior to Raisi's threats, Israel vowed
to respond to the attacks.
The country did not provide details,
but its military council met on April 16
to decide how to proceed.
Leaders around the world have
urged Israel to stand down. .
While Israel and Iran have been at odds
for decades, their conflict came to a
head recently since Iran supports Hamas, .
which attacked Israel on Oct. 7 and
prompted Israel's current offensive in Gaza.
Credit: Wibbitz Top Stories Duration: 01:30Published
Samsung Knocks Apple , From Top Phonemaker Spot.
Samsung Knocks Apple , From Top Phonemaker Spot.
Fox News reports that Apple's phone shipments have dropped by about 10%.
During Q1 2024, Apple had a 17.3% market share, while Samsung had 20.8%.
During Q1 2024, Apple had a 17.3% market share, while Samsung had 20.8%.
Xiaomi came in third with 14.1%.
Samsung shipped over
60 million phones during Q1 2024.
Samsung shipped over
60 million phones during Q1 2024.
Apple only shipped 50.1 million. .
Last year during the same time period,
Apple shipped 55.4 million. .
Overall, smartphone shipments rose 7.8% worldwide to 289.4 million units during Q1 2024.
The increase in Samsung shipments
could be attributed to the company's
release of Galaxy S24 series phones.
During a launch event at the beginning
of the year, Galaxy AI, which is incorporated
into the company's new smartphones,
was touted as "a new era of mobile AI.".
News of Samsung's triumph comes as
Apple is cutting over 600 jobs in California
following reports that the company
is abandoning its electric car efforts. .
News of Samsung's triumph comes as
Apple is cutting over 600 jobs in California
following reports that the company
is abandoning its electric car efforts.
Credit: Wibbitz Top Stories Duration: 01:31Published
Drug Shortages Reach , All-Time High in US, , Pharmacists Say.
According to the American Society of Health-System Pharmacists (ASHP) and
the Utah Drug Information Service.
the first quarter of 2024 saw
323 active drug shortages, Fox News reports.
The previous record of
320 shortages was set in 2014.
ASHP CEO Paul Abramowitz said,
"some of the most worrying shortages involve generic sterile injectable medications," .
... "including cancer chemotherapy drugs and emergency medications stored in hospital crash carts and procedural areas." .
... "including cancer chemotherapy drugs and emergency medications stored in hospital crash carts and procedural areas." .
Abramowitz went on to say that the
"ongoing national shortages of therapies for attention-deficit/hyperactivity disorder also remain
a serious challenge for clinicians and patients.".
A separate ASHP report said that "the most severe and persistent shortages are driven by economic factors that undermine investment in manufacturing capacity, manufacturing quality and supply chain reliability.".
These economic challenges are
driven by extreme price competition
among generic manufacturers, ASHP, via report.
ASHP will continue to engage
with policymakers regularly as we guide
efforts to draft and pass new legislation
to address drug shortages and continue
to strongly advocate on behalf of our
members for solutions that work, ASHP CEO Paul Abramowitz, via statement.
Last week, the Department of Health and Human Services issued a white paper recommending tactics for Congress to help.
With today’s white paper,
HHS offers solutions and stands
ready to work with Congress to
ensure no patient faces the devastating
consequences of drug shortages or
goes without needed medicines, U.S. Department of Health and Human Services, via press release
Credit: Wibbitz Top Stories Duration: 01:31Published
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