Elon Musk Found Liable For Securities Fraud In Twitter Buyout

  A federal jury in California has determined that Elon Musk, the world’s richest person and founder of multiple multinational enterprises, deliberately misled Twitter shareholders through a campaign of false and misleading statements designed to artificially suppress the company’s stock price during his contentious acquisition of the platform in 2022. The civil verdict, delivered on…

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EU Fines X €120m Over Blue Checkmark System

Elon Musk’s social media platform, X, has formally proposed changes to its controversial blue checkmark verification system in a bid to resolve a high-stakes dispute with European Union regulators, following a record €120 million ($138 million) fine imposed in December. The European Commission confirmed on Friday that it had received remedies from the company addressing…

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Nigerians Compare Elon Musk’s Post to Adekunle Gold’s Song on Wealth, Fulfilment

  Elon Musk, the world’s richest person, has reignited a global conversation on the relationship between wealth and happiness after publicly endorsing the age-old adage that money does not guarantee emotional fulfilment. In a post shared on his social media platform X, formerly known as Twitter, on Wednesday, Musk wrote, “Whoever said ‘money can’t buy…

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Elon Musk’s SpaceX Acquires xAI in Multi-billion Dollar Deal

  Elon Musk has orchestrated a significant financial and technical pact between SpaceX and xAI. This arrangement involves the aerospace giant purchasing a multi-billion dollar stake in the artificial intelligence startup. Furthermore, SpaceX will provide essential server infrastructure to help train xAI’s next-generation linguistic models. This collaboration seeks to bridge the gap between orbital engineering…

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