Tag Archives: cover

How Elon’s bizarre Twitter takeover saga could have just been a cover for him to sell $8.5 billion in Tesla stock

How Elon’s bizarre Twitter takeover saga could have just been a cover for him to sell $8.5 billion in Tesla stock

Elon Musk on Friday announced he was backing out of his $44 billion Twitter acquisition bid, blaming the social media platform’s alleged lack of transparency regarding bots on the site. As both sides prepare for a lengthy court battle, some Twitter influencers are floating an alternate theory for the change of heart: The bots were never the problem, merely a vehicle through which to covertly sell Tesla options that were about to expire. “Entire thing was a clever ruse to SELL + LIQUIDATE $8.5… Source link

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WWE’s Vince McMahon reportedly paid $12 million to cover up misconduct allegations

WWE’s Vince McMahon reportedly paid $12 million to cover up misconduct allegations

(Warning: This story contains allegations of sexual misconduct.) Vince McMahon, the longtime CEO of WWE who stepped down in June, paid four women at least $12 million total over the past 16 years to hide numerous allegations of sexual misconduct, according to a report by the Wall Street Journal. McMahon was also being investigated by the WWE’s board after was discovered in April he paid $3 million to cover up an affair with a former employee. This new report indicates McMahon covered up… Source link

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Russia’s Yandex lacks funds to cover potential bond redemption

MOSCOW, March 4 (Reuters) – Russian internet giant Yandex on Friday warned that a trading suspension on its Nasdaq-listed shares could trigger a redemption right on a convertible bond that it does not have the resources to cover. Unprecedented Western sanctions over Moscow’s invasion of Ukraine have hammered Russia’s financial system and investors have dumped Russian assets from the rouble to bonds and stocks. Yandex said that a suspension of trading of its Class A shares on Nasdaq of more… Source link

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Fed expands trading restrictions on policymakers to cover crypto, other assets

The Federal Reserve on Friday codified a set of new rules that restrict some of the nation’s most powerful economic policymakers from actively trading stocks and other securities. Senior officials at the central bank will not be allowed to purchase individual stocks or sector funds, and will be prohibited from holding individual bonds. The rules were expanded to cover cryptocurrencies, commodities, foreign currencies, derivatives contracts, short sales, and purchases on margin. Federal… Source link

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Shaquille O’Neal tries to cover up embarrassing head injury

Being tall has worked out well for Shaquille O’Neal. The NBA Hall of Famer won four rings during his playing career and made 15 All-Star teams. His size wasn’t the only reason for his success, but it undoubtedly played a role in O’Neal’s dominance.  But that size finally came back to bite O’Neal. Thankfully, it also led to a hilarious moment on “Inside the NBA.” O’Neal drew questions almost immediately after appearing on the program wearing a curly black wig. Host Ernie Johnson set O’Neal up… Source link

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Google beefs up wildfire tracking, tree cover, and Plus Codes in Maps – TechCrunch

Google has updates for a handful of tools aimed at helping people use Maps for more, or get on them in the first place. The company is improving wildfire tracking, expanding a tool for calculating tree canopy cover in cities, and further automating virtual address creation with Plus Codes. The wildfires will be of the most immediate use to most users, since the once rare disaster has evolved into its own recurring season. Google put out a wildfire tracking tool last year for people… Source link

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‘I will never cover GameStop stock ever again’: top analyst

Loop Capital Markets analyst Anthony Chukumba was among the first analysts on Wall Street to drop coverage of GameStop in February as the rise of meme traders overran the stock and sent it to dizzying new heights for no real fundamental reason.  But despite a new management team and board arriving to GameStop in recent weeks, don’t look for Chukumba to be re-launching coverage anytime soon.  “I will never cover GameStop ever again, there is just no point,” Chukumba said on Yahoo Finance… Source link

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Every Fashion CEO Knows the Chinese Man on the Cover of System Magazine

It’s not your usual cover coup, but a coup nonetheless: The charismatic Chinese retailer known to every chief executive officer in the biz as Mr. Ji is on the cover of the next issue of System magazine, photographed remotely by Juergen Teller no less. The chairman of SKP, widely considered the best luxury department store operator in China, Ji Xiao An gets 34 pages in the issue, including a long and lively conversation with Prada honcho Patrizio Bertelli, moderated by editor Jonathan… Source link

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$70K bet placed on Clippers to cover vs. Mavs

At least one bettor is extremely confident in the Los Angeles Clippers‘ chances of forcing a Game 7 in their first-round series with the Dallas Mavericks. A bettor at BetMGM has placed a $69,300 wager on the Clippers -2.5 vs. the host Mavericks on Friday night. If the Clippers win by three or more points, that bettor will net $63,000. If the Clippers win by one or two or the Mavericks win, well, the book will be happy to keep that bettor’s money. The Mavericks lead the series 3-2 and can… Source link

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Billie Eilish calls out sexist headline that criticized her Vogue cover

Billie Eilish called out a sexist headline about her new “Vogue” cover. (Photo: REUTERS/Monica Almeida) Billie Eilish shared a meme that slammed a sexist headline about her British Vogue cover. “Proof that women can change their minds and reclaim autonomy over their own bodies. Billie Eilish shocks fans by swapping baggy clothes for lingerie in Vogue — despite years of being an actual child,” read a revised Daily Mail headline written by writer-influencer Emily Clarkson and shared by Eilish… Source link

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