Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
ImageThe S.E.C.’s lawsuit against Elon Musk relates to his Aug. 7 Twitter post in which he said he had “funding secured” to convert Tesla into a private company.CreditCreditChris Carlson/Associated Press Elon Musk, Tesla’s chief executive, was accused by federal regulators on Thursday of misleading investors with false public statements, a move that could force him…
LISTEN TO ARTICLE 3:48 SHARE THIS ARTICLE Share Tweet Post Email In this article TSLA TESLA INC 273.07 USD -34.45-11.20% MS MORGAN STANLEY 47.19 USD -0.58-1.21% 3382936Z PUBLIC INVESTMENT FUND/THE Private Company Tesla Inc. is under investigation by the Justice Department over public statements made by the company and Chief Executive Officer Elon Musk, according to two…
Tesla and the Securities and Exchange Commission were very close to a no-guilt settlement Thursday, reported CNBC’s Andrew Ross Sorkin on Friday, citing sources. But, these people say Musk pulled out of the agreement at the last minute. Under the terms of the deal, Musk and Tesla would have had to pay a nominal fine,…
Elon Musk was accused by the Securities and Exchange Commission of misleading investors when he tweeted that he had funding lined up to take Tesla Inc. private. The SEC’s allegation, contained in a lawsuit filed fewer than two months after the Tesla CEO’s tweet, sent the company’s shares down more than 11 percent in after-hours trading. It sought…
Photo: Jonathan Leibson (Getty) Last week, BuzzFeed shuttered most of its podcasts, which included See Something Say Something, The News, and Reporting to You. In a memo to staff written after the company learned of a forthcoming Wall Street Journal article about the decision, BuzzFeed’s VP of news, Shani O. Hilton, said that podcasts would…
Screenshot: Telltale (The Walking Dead: The Final Season) Telltale Games employees were surprised when CEO Pete Hawley announced the closure of the company at a staff-wide meeting. One employee, a source told Kotaku, had been working until 3 AM the night before with no inkling that the studio was about to let them and over…
Robot furniture is happening. This is the single greatest thing to happen to humanity ever, the robots told us to say. The Bumblebee Spaces “A.I. Butler” furniture system uses heavy duty straps to lower and raise the furniture from the ceiling. Video by Jason Henry for The New York TimesPublished OnSept. 21, 2018 As Americans…
BuzzFeed News is working with Google to pilot a membership model that will ask readers to contribute to the news outlet. Similar to The Guardian, which has had success soliciting donations from readers, BuzzFeed News is adding messaging to pages that solicits small donations of $5-$100, as seen below. The initial benefits will be updates…
Barstool Sports founder president Dave Portnoy yet again has gleefully engineered a targeted harassment campaign against a woman who he thinks wronged his company. It started Tuesday night, when ESPN NFL Countdown host Sam Ponder addressed a comment on her Instagram story that blamed her for Barstool’s short-lived ESPN TV show, Barstool Van Talk, getting…
Dublin, Ireland and London, United Kingdom, Wednesday, 12 September 2018 — Simultaneous complaints have been filed with European data protection authorities against Google and other ad tech firms. The complainants are being made by Dr Johnny Ryan of Brave, the private web browser, Jim Killock, Executive Director of the Open Rights Group, and Michael Veale…