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
~PR.152~ED.101~GR.122~
Brittney Griner says while she was locked away in a prison cell in Russia, she contemplated dying by suicide several times. The WNBA superstar told ABC News'.. TMZ.com
Kiss Sells Catalog, , Brand Name and IP.
Pophouse Entertainment Group has bought the rock band's catalog, brand name and intellectual property in a deal worth over $300 million, ABC News reports. .
Björn Ulvaeus of ABBA co-founded Pophouse.
When Kiss played their last show in
December, they revealed digital avatars
of themselves, ABC News reports.
Pophouse partnered with
George Lucas' company, Industrial Light & Magic, to create the avatar technology.
The "ABBA Voyage" show in
London featured an entire performance
with the Swedish band's digital avatars.
ABC News reports that a biopic, documentary and "Kiss experience" are in the works, according to Pophouse CEO Per Sundin.
An avatar show is planned for the later part of 2027.
Gene Simmons said,
"I don't like the word acquisition.".
Collaboration is exactly what it’s
about. It would be remiss in our
inferred fiduciary duty — see what
I just did there? — to the thing
that we created to abandon it, Gene Simmons, to AP.
People might misunderstand and think,
‘OK, now Pophouse is doing that stuff
and we’re just in Beverly Hills twiddling
our thumbs.’ No, that’s not true. , Gene Simmons, to AP.
We’re in the trenches with them.
We talk all the time. We share ideas.
It’s a collaboration. Paul (Stanley) and
I especially, with the band, we’ll stay
committed to this. It’s our baby, Gene Simmons, to AP
Credit: Wibbitz Top Stories Duration: 01:30Published
Sam Bankman-Fried , Speaks Out After Sentencing.
The former FTX CEO was sentenced
to 25 years in prison on March 28.
He was previously convicted of fraud, conspiracy and money laundering.
In an exclusive interview with ABC News,
the 32-year-old exhibited remorse for his actions, saying, "It's most of what I think about each day.".
Bankman-Fried attributed FTX's downfall to many "bad decisions" made in 2022, ABC News reports. .
I never thought that what I was
doing was illegal. But I tried to hold
myself to a high standard, and I
certainly didn't meet that standard. , Sam Bankman-Fried, to ABC News.
I've heard and seen the despair,
frustration and sense of betrayal from
thousands of customers; they deserve
to be paid in full, at current price, Sam Bankman-Fried, to ABC News.
That could and should have
happened in November 2022,
and it could and should happen
today. It's excruciating to see
them waiting, day after day, Sam Bankman-Fried, to ABC News.
Bankman-Fried went on to say that he's "haunted, every day, by what was lost.".
I'd give anything to be able to help
repair even part of the damage.
I'm doing what I can from prison,
but it's deeply frustrating not
to be able to do more, Sam Bankman-Fried, to ABC News.
Bankman-Fried plans to
appeal based on trial testimony that
"greatly misstated what actually happened.".
I'd give anything to be out there, trying
to make a positive difference in the
world, but I know that's not going to
happen. I can't help from prison, Sam Bankman-Fried, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
Biden Cracks Down , on ‘Junk Insurance Plans’.
On March 28, President Joe Biden announced that
a new rule will limit short-term health insurance
plans to three months, ABC News reports. .
The plans can now only be renewed for up to
four months instead of three years that were permitted under former President Donald Trump. .
The plans can now only be renewed for up to
four months instead of three years that were permitted under former President Donald Trump. .
Additionally, short-term plan providers must
clearly explain benefit limitations to consumers. .
The president really believes
the American people do not want
to be taken for suckers and junk insurance takes them for suckers, Neera Tanden, Biden's domestic policy adviser, via statement.
Short-term insurance is intended to temporarily serve as a safety net for periods of transition,
such as switching jobs or prior to receiving Medicare.
However, critics call these plans
"junk insurance" because they're often misleading as far as what they actually cover.
ABC News reports that the plans aren't required to cover those with preexisting conditions or pay for prescription drugs.
In 2018, Trump expanded short-term plans and referred to them as "much less expensive health care at a much lower price.".
Neera Tanden, Biden's domestic policy adviser,
said that Trump undermined the Affordable Care Act
(ACA) when he allowed insurance companies to
sell inadequate short-term plans.
Neera Tanden, Biden's domestic policy adviser,
said that Trump undermined the Affordable Care Act
(ACA) when he allowed insurance companies to
sell inadequate short-term plans.
The short-term plan expansion was
upheld by an appeals court in 2020
Credit: Wibbitz Top Stories Duration: 01:31Published
Chick-fil-A Will Start Serving Chicken , Treated With Antibiotics.
On its website, the fast food chain said that
"serving quality food has always been our priority," .
but beginning in spring 2024, the company will
"shift from No Antibiotics Ever (NAE) to No Antibiotics Important To Human Medicine (NAIHM).".
NAIHM restricts the use of those
antibiotics that are important to human
medicine and commonly used to treat
people, and allows use of animal
antibiotics only if the animal and
those around it were to become sick, Chick-fil-A, via statement.
Chick-fil-A previously pledged
"no antibiotics ever" for
more than a decade. .
The change in policy comes amid projected supply shortages, ABC News reports. .
Chick-fil-A highlighted its pledge
to use high-quality chicken.
saying that it only uses "real, white
breast meat with no added fillers, artificial
preservatives, steroids -- and no added hormones.".
saying that it only uses "real, white
breast meat with no added fillers, artificial
preservatives, steroids -- and no added hormones.".
We established an Animal
Wellbeing Council of outside
experts, which provides feedback
on our policies and practices, Chick-fil-A, via statement.
With their input, we are constantly
evaluating our approach to animal
wellbeing to ensure it is consistent
with or exceeds industry standards, Chick-fil-A, via statement
Credit: Wibbitz Top Stories Duration: 01:30Published
Elon Musk on Thursday said he has hired someone to replace him as boss of Twitter and its newly named... IndiaTimes - Published Also reported by •BGR India •DNA •Zee News
More Tech Experts , Issue Warning About Possible Threat , of Artificial Intelligence.
NBC reports that leading experts in artificial
intelligence have released a statement warning that
the..
Credit: Wibbitz Top Stories Duration: 01:39Published
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