Tesla (TSLA) CEO Elon Musk took the witness stand on Friday to defend his 2018 Twitter posts against a group of Tesla shareholders. The shareholders hope to persuade jurors that the posts — specifically the one where Musk tweeted “funding secured” to take Tesla private — were false and therefore violated securities laws. “The tweets are truthful — just simply short,” Musk said on the stand Friday in response to the shareholders’ lawyer who questioned whether Twitter’s character… Source link
Read More »Far-right troll and Capitol rioter ‘Baked Alaska’ tweets that he can’t believe he’s ‘going to jail for an nft salesman’ after Trump announces digital trading card series
Donald Trump speaks during a rally at the Dayton International Airport on November 7, 2022 in Vandalia, Ohio.Drew Angerer/Getty Images The far-right personality known as “Baked Alaska” tweeted that he can’t believe he’s “going to jail for an nft salesman.” “Baked Alaska,” whose real name is Anthime Gionet, participated in the January 6, 2021 Capitol riot. He pleaded guilty to one misdemeanor charge that carries a sentence of up to 6 months. His sentencing hearing is in January. The far-right… Source link
Read More »Elon Musk sued by Twitter shareholder, alleging that he manipulated the company’s stock price with his tweets following the buyout agreement
Maja Hitij/Getty Images A Twitter investor is suing Elon Musk for market manipulation for his tweets about the buy being “on hold.” The complaint was filed in California on Wednesday. “Just because your name is Business Insider Trading doesn’t mean you should project that on others!” Musk told Insider in an email. A Twitter shareholder is suing Elon Musk and Twitter over Musk’s tweets following his agreement to buy the company last month. The proposed class-action suit, filed in a federal… Source link
Read More »Elon Musk has reportedly lined up a new Twitter CEO, shared ideas for monetizing tweets
Elon Musk has lined up a new CEO for Twitter and told banks that agreed to help fund his $44 billion acquisition offer about his plans to monetize tweets, according to a new report from Reuters. A source told Reuters that Musk has decided on who he plans to appoint as the new chief executive of Twitter, but the source didn’t name the person. Twitter’s current CEO Parag Agrawal, who took the role after Jack Dorsey stepped down in November, is expected to remain as CEO until the deal is… Source link
Read More »Nate Diaz tweets at Dana White, wants release from contract
Nate Diaz wants out of the UFC. The longtime MMA star publicly asked the UFC and president Dana White to release him from his contract on Twitter on Saturday. “I would like to request to be released from the UFC,” he wrote. “I apologize for asking online but you don’t give me a fight ASAP I got s**t to do.” Diaz has one last fight left on his current contract with the UFC. According to ESPN’s Brett Okamoto, Diaz and the UFC have been trying to extend his deal, but they have failed… Source link
Read More »Gene Chizik’s tweets show college coaches’ control waning
Gene Chizik, he of a perfectly mediocre 38-38 record as a college football head coach, tweets supposed pearls of wisdom every few days. They almost always end with the hashtag #WordsofChizdom, because you can’t get advice like, “Pay close attention to those who don’t clap when you win” just anywhere. Twice this month, Chizik has bemoaned the new state of college athletics, where the young adults on campuses around the country who also take part in athletics can now make a few dollars while… Source link
Read More »NBA fines 76ers, Daryl Morey $75K for Stephen Curry tweets
The Philadelphia 76ers and president of basketball operations Daryl Morey were each fined $75,000 by the league over Morey’s recent tweets about Stephen Curry, the NBA announced on Monday afternoon. The tweets, the league said, violated its anti-tampering rule. Daryl Morey told Steph Curry to ‘join’ his brother Seth in a tweet The tweets in question came on June 3, one day after the 76ers closed out their opening-round playoff series with the Washington Wizards. Morey took a screenshot of… Source link
Read More »Dogecoin Bolstered by Coinbase Addition as Musk Tweets Continue
(Bloomberg) — Dogecoin, the Shiba Inu-themed cryptocurrency started as a joke in 2013, outperformed top rivals in the week as it launched on the Coinbase exchange. While the biggest cryptocurrencies Bitcoin and Ether were up 6.2% and 14.9% over the past seven days respectively, Dogecoin advanced 24% over the same period as of 7:50 a.m. in London, according to CoinGecko pricing. While Coinbase said weeks ago that it planned to add Dogecoin, the announcement that it now supports the meme-based… Source link
Read More »Bitcoin and other cryptocurrencies plunge on Elon Musk tweets
Bloomberg The World Economy Is Suddenly Running Low on Everything (Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up. Mattress producers to car manufacturers to aluminum foil makers are buying more material than they need to survive the breakneck speed at which demand for goods is recovering and assuage that primal fear of running out. The… Source link
Read More »Bitcoin drops to 3-month low in wild trading after Musk tweets
Bloomberg The World Economy Is Suddenly Running Low on Everything (Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up. Mattress producers to car manufacturers to aluminum foil makers are buying more material than they need to survive the breakneck speed at which demand for goods is recovering and assuage that primal fear of running out. The… Source link
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