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Elon Musk defends his old tweets in San Francisco securities fraud lawsuit

Tesla CEO Elon Musk appeared in federal court in San Francisco on Friday defending tweets he posted to his tens of millions of followers in August 2018 for a such agreement has been "confirmed". Trading in Tesla stock initially stalled after the tweets, then the stock fluctuated wildly for weeks. Musk later said he was in discussions with Saudi Arabia's sovereign wealth fund and was confident the funding would come at the proposed price. An agreement never materialized. The SEC charged Musk and Tesla with civil securities fraud following the tweets. Musk and Tesla each paid $20 million in fines to the agency and reached an amended settlement that required Musk to temporarily step down from his role as Tesla's chairman of the board. His 2018 tweets also sparked a shareholder class action lawsuit from Tesla investors. They allege Musk's tweets mislead them and say that relying on his statements to make deals cost them a significant amount. The shareholder transactio...

Can't you see the stars in the night sky like you used to? Blame Skyglow

According to a new study published Thursday, light pollution has prevented eight out of 10 Americans and nearly a third of humanity from seeing our galaxy. The problem is something called "skyglow," which is the cumulative, diffuse glow of skylight from artificial light sources. A new study published in the journal Science used community-supplied data from a program called The Globe at Night, run by NOIRLab, a network of observatories run by NOIRLab. Sponsored by the National Science Foundation. He found that the skylight seen by the human eye was harder than satellite measurements of artificial light on Earth. This study is the latest addition to a large body of scientific literature on light pollution that has existed since at least half a century ago. By analyzing more than 50,000 observations from citizen scientists, researchers found a 9.6% increase in sky brightness over the past decade, compared with just 2% per year as measured by satellites . "At this rate of ...

Juventus 15 points deducted! Bianconeri punished for artificially inflating the value of players' capital gains

Juventus were deducted 15 points after inflating the transfer value and lying to the financial official to save money. Serie A's financial prosecutor found Juventus to have committed a number of financial violations that saved the club around €90 million (£78 million/$97 million) in player wages. A statement from the Italian Football Federation (FIGC) confirmed the sanctions in a statement that read: "The Federal Court of Appeal chaired by Mario Luigi Torsello has partially accepted the appeal of Van federal prosecutor's office... sanctioned Juventus with 15 points for service in the current season and a series of fines for 11 Juventus executives (30 months for [Fabio] Paratici, 24 months for [Fabio] Paratici, […] Andrea] Agnelli and [Maurizio] Arrivabene, 16 months for [Federico] Cherubini, 8 months for [Pavel] Nedved, [Paolo] Garimberti, [Enrico] Vellano, [Assia] Venier, [Caitlin] Hughes, [Daniela] Marilungo and [Francesco] Roncaglio).

Lisa Marie Presley's daughter Riley Keough breaks her silence on her mother's death before performing her public service

Lisa Marie Presley's daughter Riley Keough is breaking her silence on her mother's death. On Friday, the 33-year-old shared an old photo of herself lovingly watching her mother hug her from behind. She captioned the image with just a heart. The sweet memorial comes as it is widely reported that Lisa Marie has been laid to rest at Graceland, but sources told Access Hollywood that she has not been laid to rest, but will have a private funeral. before the public memorial service on Sunday. Elvis Presley's only child with his father and parents, Vernon and Gladys, who are also buried in the iconic Memphis home. A public memorial service will be held on the lawn of the property on January 22. The update came as a decision on the cause of his death has been delayed. According to a spokesperson for the L.A. County Medical Clinic, an autopsy of the late musician has been performed. She was tested on January 1st. NBC News said: "We died on October 14 and the cause of death has...

Why did the price of bitcoin rise today?

The bitcoin price surge on January 20 and the fast-rising market-wide cryptocurrency price led some investors to hope that the year-to-date high of $21,427 is a sign that 4,444 BTC losers $21,857 bottomed. Despite the negative news about crypto lender Genesis, the price of Bitcoin continues to rise. Bitcoin price surge after Genesis filed for bankruptcy could mean the news has been priced into BTC. After continuing last week's rally in equities, the US Dollar Index (DXY) cools down and positive comments from the Federal Reserve release inflation data in the index report The Consumer Price Index (CPI) could keep BTC above the $21,000 range. One of the main catalysts for the recovery seems to be the positive CPI report released by the Bureau of Labor Statistics (BLS) on January 12, which showed a 0.1% drop in overall inflation for all urban consumers. Inflation fell by the most since April 2020. Stock traders are also responding by pushing prices higher in hopes that positive data w...

Map2Earn to help unify the real and virtual worlds

Blockchain has fueled the development of new and often unpredictable markets and economies due to the need for innovation. From unprecedented crowdfunding mechanisms to play-for-money (P2E) and go-to-monetize (M2E) models, decentralized technology is empowering communities like never before. One of the next big things in today's technological revolution is Map2Earn - an emerging and rapidly growing trend that revolves around a business model that encourages people to scan physical locations and buildings. economy for 3D mapping. While not yet a standalone marketplace, Map2Earn can play an important role in augmented reality and metadata. Both are multi-billion dollar markets and are expected to grow rapidly in the coming years. Some analysts expect the Metaverse market to cross the $1 trillion mark by 2030. The AR and VR market could reach around $500 billion by then. Many AR and Metaverse use cases involve map simulation. The ecosystem will soon require Google Map-like alternati...

Crypto Biz: SBF's New Excel Spreadsheet Reveals It All

FTX's debtors are doing their best to exploit the exchange's remaining assets. Meanwhile, Sam Bankman-Fried said FTX US is the solvent. Large companies spend a lot of money keeping track of their financial transactions - think accountants, financial analysts, consultants and business accounting software. On the other hand, Sam Bankman-Fried used Microsoft Excel. January. On December 17, in another faulty Excel spreadsheet, SBF revealed that FTX US was the solvent. The Excel file will show customer balances, bank deposits, and assets held in cold storage. “S&C forgot to include a bank balance” worth about $428 million, SBF said, referring to former FTX legal counsel, Sullivan & Cromwell. "Once you add those in, you're closer to my previous balance sheet" of about $350 million, he said. This week's Crypto Biz explores an "extraordinary investigative effort" to identify billions of dollars of liquid FTX assets. We also provide you with the late...

Google laid off 12,000 employees after reviewing projects and jobs

Google will lay off 12,000 employees in a kind of pandemic critical to tech companies that have hired heavily in recent years and are now facing the harsh realities of a shrinking economy. In an email to employees today, Sundar Pichai, CEO of Google and its parent company Alphabet, said: “Over the past two years, we have seen periods of growth. impressive growth. To meet that and drive that growth, we recruited for an economic reality different from what we face today. In the first quarter of 2020, Google employed just over 120,000 people, but that number dropped to 186,779 at the end of September last year. A major institutional investor has lobbied for change, calling on Google to cut costs, pay less staff and rethink its portfolio. Pichai confirmed today, “We have conducted rigorous reviews of all areas and functions of our products to ensure our people and roles align with our highest priorities. us as a business. The roles we are removing reflect the results of this review. T...