The jury selection process in the trial to determine if one of Elon Musk’s infamous tweets violated U.S. securities laws kicked off on Tuesday. The trial comes after Tesla’s shareholders sued Musk and Tesla’s board of directors in 2018, alleging that Musk illegally posted on Twitter that funding had been secured to privatize the electric vehicle company. Musk’s post, the shareholders say, artificially manipulated Tesla’s stock price. “Am considering taking Tesla private at $420…. Source link

While Disney (DIS) CEO Bob Iger wages a campaign against proven value creator and activist investor Nelson Peltz, Unilever CEO Alan Jope has embraced the billionaire change agent. Peltz joined the board of consumer products giant Unilever in May 2022 and according to Jope — who has said he will retire in 2023 — has brought “all kinds of good ideas” to the company since then. “His view on what the company needs to do is very aligned with the agenda that we’re working on,” Jope told Yahoo… Source link

Stock Market Coverage – Wednesday Afternoon January 18 Yahoo … – youtube.com Source link

Collapsed crypto exchange FTX said Tuesday it has identified $5.5 billion of liquid assets, but said based on current estimates both the international and U.S. based exchange still face a “substantial shortfall” from what the trading venues owe customers. A court document with the restructuring team’s most recent findings shows this $5.5 billion includes $1.7 billion of cash, $3.5 billion of crypto assets, and $0.3 billion of securities. Some $1.7 billion of the company’s assets are being held… Source link

Biden admin accused of colluding with Big Tech ‘Big Sunday Show’ panelists discuss reports the Biden administration allegedly colluded with social media giants like Twitter and Instagram to censor ‘misinformation’ on its platforms.  The Federal Election Commission ruled that Google’s email platform, Gmail, does not filter emails for political purposes after the Republican National Committee filed a complaint against the Big Tech giant, alleging it censored conservatives by sending GOP… Source link

Biden admin accused of colluding with Big Tech ‘Big Sunday Show’ panelists discuss reports the Biden administration allegedly colluded with social media giants like Twitter and Instagram to censor ‘misinformation’ on its platforms.  The Federal Election Commission ruled that Google’s email platform, Gmail, does not filter emails for political purposes after the Republican National Committee filed a complaint against the Big Tech giant, alleging it censored conservatives by sending GOP… Source link

Why Draymond laments Warriors losing GP2, Porter after title originally appeared on NBC Sports Bayarea Halfway through the 2022-23 NBA season, Draymond Green still ponders how things would have been different had Gary Payton II and Otto Porter Jr. remained with the Warriors. Speaking with ESPN’s Stephen A. Smith on the “K[NO]w Mercy with Stephen A. Smith” podcast, Green shared his thoughts on Golden State losing Payton and Porter in free agency this past offseason. “Absolutely hate it, and… Source link

Reps. Marjorie Taylor Greene, R-Ga., and Paul Gosar, R-Ariz., who were each stripped of committee assignments by House Democrats for their incendiary rhetoric, have been given seats on multiple congressional panels in the now Republican-controlled chamber. Greene — an election denier who has often complained about the treatment of those arrested and charged in connection with the Jan. 6, 2021, attack at the Capitol — was named to the Homeland Security Committee, multiple news outlets… Source link

[unable to retrieve full-text content]Google Maps Is Android’s Answer to Apple’s ‘Find My’  Lifehacker Source link

Some firms across the financial industry are giving workers the boot after dealmaking activity tumbled last year and as a potential recession looms. But the picture among Wall Street’s six biggest banks is mixed when it comes to the scale of these layoffs. And some firms are even adding staff in this environment — as JPMorgan chief Jamie Dimon said last week, his bank is in “hiring mode.” Along with financial results for the fourth quarter, Goldman Sachs (GS) and Morgan Stanley (MS) each… Source link