Musk set to finally take wraps off Tesla truck – to tough crowd

Musk set to finally take wraps off Tesla truck – to tough crowd

SAN FRANCISCO, Dec 1 (Reuters) – Tesla (TSLA.O) is set to unveil on Thursday its long-delayed Semi, an 18-wheeler heavy duty vehicle that has faced skepticism from industry experts who doubt battery electric trucks can take the strain of hauling hefty loads for hundreds of miles. The launch marks the electric carmaker’s first foray into … Read more

Sam Bankman-Fried says he ‘didn’t ever try to commit fraud’

Sam Bankman-Fried says he ‘didn’t ever try to commit fraud’

NEW YORK, Nov 30 (Reuters) – Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from suggestions of fraud in his first public appearance since his company’s collapse stunned investors and left creditors facing losses totaling billions of dollars. Speaking via video link at the New York Times’ … Read more

Iran’s Khamenei praises Basij forces for confronting ‘rioters’

Iran’s Khamenei praises Basij forces for confronting ‘rioters’

DUBAI, Nov 26 (Reuters) – Supreme Leader Ayatollah Ali Khamenei said on Saturday Iran’s Basij militia forces have sacrificed their lives in what he called riots, the wave of protests sparked by the death in custody of a young Iranian Kurdish woman in September. The protests that began after the death of 22-year-old Mahsa Amini … Read more

FTC likely to file lawsuit to block Microsoft bid for Activision -Politico

FTC likely to file lawsuit to block Microsoft bid for Activision -Politico

Nov 23 (Reuters) – The U.S. Federal Trade Commission (FTC) is likely to file an antitrust lawsuit to block Microsoft Corp’s (MSFT.O) $69 billion takeover bid for video game publisher Activision Blizzard Inc (ATVI.O), Politico reported on Wednesday, citing people familiar with the matter. A lawsuit challenging the deal is not guaranteed, and the FTC’s … Read more

FTX’s Sam Bankman-Fried cashed out $300 million during funding spree – WSJ

FTX’s Sam Bankman-Fried cashed out 0 million during funding spree – WSJ

Nov 18 (Reuters) – FTX founder Sam Bankman-Fried sold a stake in the company worth $300 million when the crypto exchange raised capital last year, the Wall Street Journal reported on Friday, citing the firm’s financial records and people familiar with the transaction. At the time, Bankman-Fried told investors it was a partial reimbursement of … Read more

Thales confirms hackers have released its data on the dark web

Thales confirms hackers have released its data on the dark web

Nov 11 (Reuters) – French defense and technology group Thales (TCFP.PA) said on Friday data relating to the group has been released on the “publication platform” of the hacker group LockBit 3.0, confirming media reports. The data was released on Nov. 10, Thales, which provides advanced technologies in defence, aeronautics, space, transport and digital security, … Read more

FTC watching Twitter security execs exits with ‘deep concern’

FTC watching Twitter security execs exits with ‘deep concern’

Nov 10 (Reuters) – The US Federal Trade Commission said on Thursday it was watching Twitter with “deep concern” after the social media platform’s top privacy and compliance officers quit, potentially putting it at risk of violating regulatory orders. The company’s chief security officer Lea Kissner on Thursday in a tweet said that she quit. … Read more

Musk sells Tesla shares worth $3.95 bln days after Twitter takeover

Musk sells Tesla shares worth .95 bln days after Twitter takeover

Nov 8 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk has sold 19.5 million shares of the electric vehicle maker worth $3.95 billion on Tuesday, according to US securities filings, days after he completed the $44 billion takeover of Twitter Inc. Musk, the world’s richest man, had about $20 billion in cash after … Read more

Oreo maker Mondelez pulls ads off Twitter, citing hate speech -CEO

Oreo maker Mondelez pulls ads off Twitter, citing hate speech -CEO

NEW YORK, Nov 8 (Reuters) – Mondelez International Inc CEO (MDLZ.O) Dirk Van de Put said in a Reuters Newsmaker interview on Tuesday that the maker of Oreo cookies has pulled its ads off Twitter after Tesla Inc (TSLA.O) boss Elon Musk acquired the social media site. “What we’ve seen recently since the change on … Read more

UN urges Musk to safeguard human rights at Twitter

UN urges Musk to safeguard human rights at Twitter

GENEVA, Nov 5 (Reuters) – The UN High Commissioner for Human Rights, Volker Türk, on Saturday issued an open letter to Elon Musk, the new owner of Twitter Inc, urging him to “ensure human rights are central to the management of Twitter “. Twitter Inc laid off half its workforce on Friday and tweets by … Read more