With the clock running out on the Biden administration, the US Securities and Exchange Commission has sued Elon Musk in federal court. The statute at hand is relatively straightforward. The timing of the complaint is more complicated. The SEC’s complaint centers on Musk’s acquisition of Twitter stock in early 2022. According to the complaint, Musk… Continue reading The SEC Is Suing Elon Musk. It’s All in the Timing
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SEC lawsuit claims Musk gained over $150 million by delaying Twitter stake disclosure
After a more than two-year investigation, the Securities and Exchange Commission has sued Elon Musk over his delayed disclosure of the Twitter stock he amassed before announcing his intention to acquire the company in 2022. In a court filing, the SEC says that Musk filed paperwork with the SEC disclosing his purchase of Twitter shares… Continue reading SEC lawsuit claims Musk gained over $150 million by delaying Twitter stake disclosure
Sonos’ chief product officer is also leaving the company
Sonos is continuing to clean house as the company recovers from the hits it took following a disastrous mobile app redesign last year. Just a day after CEO Patrick Spence departed the company, chief product officer Maxime Bouvat-Merlin is also leaving. He will act as an advisor to interim CEO Tom Conrad during the leadership… Continue reading Sonos’ chief product officer is also leaving the company
Pixelfed, Instagram’s decentralized competitor, is now on iOS and Android
Pixelfed is now available as a mobile apps for both iOS and Android. The open source, decentralized platform offers image sharing similar to Instagram. However, Pixelfed has no advertisements and does not share user data with third parties. The platform launched in 2018, but was only available on the web or through third-party app clients.… Continue reading Pixelfed, Instagram’s decentralized competitor, is now on iOS and Android
What to expect at the Samsung Galaxy S25 Unpacked 2025 event
Samsung’s big Galaxy S25 launch is right around the corner. The first Galaxy Unpacked event of 2025 is confirmed for January 22 at 1PM ET in San Jose, CA, where Samsung’s “Next Big Thing” (to borrow a 14-year-old marketing slogan) will be revealed. What exactly will be on tap? Well, apart from a few sure… Continue reading What to expect at the Samsung Galaxy S25 Unpacked 2025 event
The new Witcher animated film finally has a legit trailer
We’ve been hearing about the latest animated movie based on The Witcher franchise for a while now, but we’ve only ever gotten a short teaser and an equally short clip. Now, finally, there’s a legit full-fledged trailer. This is opportune timing, as The Witcher: Sirens of the Deep hits Netflix on February 11. The big… Continue reading The new Witcher animated film finally has a legit trailer
DEG commits to invest $40m in Jungle Ventures’s fifth vehicleJungle Ventures is said to have made the first close of Fund V and hit half of the fundra…
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Australia’s Macquarie to buy 15% in Applied Digital’s computing businessThe bank will invest up to $5b in Applied Digital’s AI data centres.
Australia’s Macquarie on Tuesday agreed to take a 15% stake in Applied Digital’s high-performance computing business and invest up to $5 billion in the company’s artificial intelligence data centers amid booming AI demand. Shares of Applied Digital rose about 20% before the opening bell. Since the launch of ChatGPT in late 2022, providers of computing infrastructure like… Continue reading Australia’s Macquarie to buy 15% in Applied Digital’s computing businessThe bank will invest up to $5b in Applied Digital’s AI data centres.
Toyota the largest auto industry funder of climate deniers in US – report
Toyota has been revealed as the largest auto industry funder of climate deniers in US Congress, according to a report released today by Public Citizen. Toyota is the largest automaker in the world, having occasionally competed for that title with Volkswagen. It sells more gas-powered, polluting vehicles than any other company on Earth, and thus,… Continue reading Toyota the largest auto industry funder of climate deniers in US – report
Tesla confirms starting production of new Model Y at Gigafactory Berlin
Tesla has confirmed that it is starting production of the new Model Y with a refreshed design at Gigafactory Berlin, but it hasn’t yet opened orders for it. Last week, Tesla unveiled the new Model Y in China and started taking orders in the country and a few other markets that Tesla supplies with its… Continue reading Tesla confirms starting production of new Model Y at Gigafactory Berlin