Last week, Elon Musk said that he was ending his bid to buy Twitter (TWTR) — prompting the social media platform to almost immediately fire back, calling his effort to terminate the deal “invalid and wrongful.” So, what’s next? It’ll definitely get messier from here, for one. Musk could be on the hook for a $1 billion reverse breakup fee and, on top of that, the merger agreement features a “specific performance” clause that could theoretically force the Tesla (TSLA) CEO to close the… Source link

Henry Ruggs is facing up to 50 years in prison after he allegedly killed a 23-year-old woman and her dog in a fiery crash last November. (Bizuayehu Tesfaye-Pool/Getty Images) A judge ruled on Tuesday that blood alcohol tests will be allowed as evidence in the case against former Las Vegas Raiders wide receiver Henry Ruggs III, according to ESPN. Ruggs is facing multiple felony charges after he allegedly drove more than 150 miles per hour while he was intoxicated in November, which led to a… Source link

With Daniel Lippman GOOGLE LOBBYIST HANGS A SHINGLE: Stewart Jeffries, an in-house lobbyist at Google for more than a decade, is launching his own government affairs shop, Jeffries Strategies. Jeffries joined Google in 2011 as the tech giant’s first competition policy counsel amid an FTC probe into its business practices, and later led the company’s outreach to House and Senate Republican leadership, committees and personal offices. — He previously served as the chief antitrust… Source link

JaMarcus Russell knows his career didn’t turn out the way he or anyone else wanted it to. The former No. 1 overall pick by the then-Oakland Raiders in 2007 lasted just three seasons in the NFL before he was released in 2010 and never played another NFL snap. But he also believes he was never truly given a chance to succeed on the Raiders and that helped fuel his status as one of the worst draft picks of all time. Russell talked about what went wrong on The Pivot Podcast with former NFL players… Source link

Disney (DIS) has inked a deal with Korean pop band BTS. The world-famous band will appear in two exclusive shows on Disney’s streaming services after the media conglomerate struck a deal with the band’s label Hybe Co. Disney confirmed to Yahoo Finance that the two companies will produce five streaming titles, including three exclusive projects (docuseries, concert film and reality show) that feature BTS or BTS members. The titles will air on Disney+ in all Asian markets and all international… Source link

The Biden administration is reeling from gasoline prices that crested to $5 per gallon in June and are still historically high. So are millions of drivers. But relief may be on the way. During a briefing for reporters on July 12, senior White House officials said a drop in wholesale gas prices suggests retail prices could drop by 50 cents per gallon or so in coming weeks. “We’ve seen the price of oil fall to a range of $100 per barrel, and we have not yet seen gas prices at the pump fall… Source link

This article is part of our Yahoo DFS Baseball series. A doubleheader between the White Sox and Guardians propels us to 16 games across baseball Tuesday. There are some big-name pitchers scheduled to take the mound, including Gerrit Cole for the Yankees. Chris Sale is also expected to make his season debut for the Red Sox against the Rays. The Braves will send their strikeout machine Spencer Strider to the hill in Atlanta in what is a big start against the Mets. With so many pitchers… Source link

Much of the NBA’s summer business is done, save for the whole Kevin Durant thing. One of the 15 greatest players in the history of basketball requesting a trade as free agency opens has a tendency to muck up the process, but everyone else still plunged forward with billions of dollars worth of contracts. All-Stars Bradley Beal, Devin Booker, Darius Garland, Nikola Jokic, Zach LaVine, Ja Morant, Karl-Anthony Towns and Zion Williamson signed deals that could net them a combined $2 billion by… Source link

NEW YORK, July 12 (Reuters) – Goldman Sachs has hired Jared Cohen, who founded technology incubator Jigsaw at Google, to co-head its newly created applied innovation unit, an internal memo showed, as the Wall Street powerhouse invests in technology expertise. Cohen, who also served as advisor to Google’s CEO Eric Schmidt in the past, will co-head the new Goldman unit with George Lee, the memo said, whose contents were confirmed by the bank’s spokesperson. “The Office of Applied Innovation will… Source link

Google has responded to dating app maker Match Group’s antitrust lawsuit in a scathing new court filing which refers to Match’s original complaint as a “cynical attempt” to take advantage of Google Play’s distribution platform and other tools while attempting to sidestep Google’s fees. The two tech giants have been battling it out in court after Match sued Google this May over its alleged monopoly power in Android app payments. Match — which operates dating apps including… Source link