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Tesla CEO Elon Musk is raising another obstacle in his $44 billion bid to buy Twitter (TWTR). In an SEC filing released Monday morning, Musk’s counsel said Twitter has not coughed up adequate data on the company’s users, committing a “clear material breach” of the company’s obligations as part of its merger agreement. “Based on Twitter’s behavior to date, and the company’s latest correspondence in particular, Mr. Musk believes the company is actively resisting and thwarting his information… Source link

Sascha Roth, a runner who helps manage a family furniture store, in Bethesda, Md., on June 3, 2022, learned she had rectal cancer in 2019. A small study on rectal cancer results in remission in every patient. (Shuran Huang/The New York Times) It was a small trial, just 18 rectal cancer patients, every one of whom took the same drug. But the results were astonishing. The cancer vanished in every single patient, undetectable by physical exam; endoscopy; positron emission tomography, or PET… Source link

A J-16 fighter jet in Changchun, China, in 2019.STR/AFP via Getty Images A Chinese jet cut in front of an Australian plane and fired debris into its engine, officials said. Australia’s defense ministry said the incident happened on May 26 over international waters. Chinese aircraft regularly “buzz” or try to interfere with foreign aircraft near their airspace. A Chinese fighter jet veered in front of an Australian military plane and fired off a cloud of debris that entered its engine,… Source link

(Bloomberg) — Stock splits were all the rage early this year as indexes hovered near record highs, with companies from Amazon.com Inc. to Alphabet Inc. announcing them to make their share prices more alluring to individual investors. A few months on, the market has taken care of the problem. Most Read from Bloomberg Amazon, whose 20-for-1 split took effect Monday, is among companies whose stocks have tumbled since the moves were announced amid a broad market selloff that’s been especially… Source link

The demand-side platforms of two ad-tech vendors, Yahoo and Amobee, have removed Google Open Bidding as a path of supply for their clients, sources tell Adweek, a decision that industry experts attribute to efforts toward supply-chain optimization and a growing movement to curb the influence of Google. Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, June 6, 2022 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. “It’s a very challenging time right now with inflation,” U.S. Labor Secretary Marty Walsh told Yahoo Finance Live on Friday (video above). Indeed, and the reality is nasty inflation is here… Source link

Live-streaming e-commerce star Li Jiaqi touted a tank-shaped ice cream in an online sales pitch, a day before the anniversary of the Tiananmen Square Massacre.AP, Getty Images A Chinese influencer may have unwittingly introduced his fans to the 1989 Tiananmen Square Massacre. Li Jiaqi touted a tank-shaped ice cream online, a day before the event’s 33rd anniversary. Almost immediately, Li’s show was taken off-air, sparking a wave of curiosity from his fans. One of China’s biggest influencers may… Source link

Draymond Green entered Game 2 of the NBA Finals wanting to play something other than basketball, and the Boston Celtics obliged, losing themselves among a bevy of controversial calls and careless turnovers. The Golden State Warriors forward bodied Jayson Tatum, wrestled Grant Williams, baited Jaylen Brown and mauled Al Horford. Green was nearly ejected in the final minute before halftime. Instead of responding with aggression around the basket, Boston laid down in an embarrassing… Source link

(Bloomberg) — Few companies are better positioned to benefit from the crippling shortage of computer chips than ASML Holding NV, a Dutch manufacturer whose equipment plays an integral role in making the world’s most advanced semiconductors. Most Read from Bloomberg But four lines tucked halfway into an otherwise upbeat, 281-page annual report from February hinted at a potentially incendiary problem. ASML accused a Beijing-based firm, regarded by Chinese officials as one of the country’s… Source link

U.S. men’s national team coaches link arms during the national anthem before their Wednesday friendly against Morocco. (Photo by Lee Klafczynski/ISI Photos/Getty Images) Reggie Cannon, like most of the U.S. men’s national soccer team, has traveled the globe representing his country and playing his sport. He grew up in Texas, some five hours from Uvalde, but he now lives in Portugal. And so, as news of May’s devastating shooting in his home state left Cannon “completely distraught,” his… Source link