Elon Musk Says 'Go F*** Yourself' to Bob Iger, Other Fleeing Advertisers

Elon Musk Loses Appeal of 'Twitter Sitter' Provision

Elon Musk , Loses Appeal of , 'Twitter Sitter' Provision . On April 29, the Supreme Court denied billionaire Elon Musk's challenge to the terms of a Securities and Exchange Commission agreement. . On April 29, the Supreme Court denied billionaire Elon Musk's challenge to the terms of a Securities and Exchange Commission agreement. . NBC reports that the SEC requirement would require a lawyer to review the Tesla CEO's social media posts. . In his appeal, Musk argued that the SEC's requirement, which has been dubbed the 'Twitter sitter' provision, unlawfully imposed conditions on his freedom to comment. . In his appeal, Musk argued that the SEC's requirement, which has been dubbed the 'Twitter sitter' provision, unlawfully imposed conditions on his freedom to comment. . The SEC requirement stems from Musk's tweets in 2018 that claimed he was taking Tesla private, which shocked the market and caused shares in the company to surge. The SEC requirement stems from Musk's tweets in 2018 that claimed he was taking Tesla private, which shocked the market and caused shares in the company to surge. The SEC deemed the tweets "materially false and misleading," and in clear violation of securities laws. At the time, Musk agreed to settle the issue with the SEC, which included his signing off on the so-called "Twitter sitter" provision. NBC reports that Musk has since said the restrictions are unconstitutional and that he was coerced into signing the SEC agreement. According to court papers, lawyers representing Musk have accused the SEC of waging an "ongoing campaign" against Musk. Musk's legal team claim the provision , "restricts Mr. Musk’s speech even when truthful and accurate.". It extends to speech not covered by the securities laws and with no relation to the conduct underlying the SEC’s civil action, Elon Musk legal team, via NBC. In response, the SEC said in court papers that Musk waived his right to appeal when he signed off on the settlement.

Tesla's Musk in China as rivals reveal new electric cars at Beijing auto show

Musk is viewed in China as a favourable contrast to the stern statements from US officials, particularly during the recent visit by US Secretary of State Antony Blinken.

Elon Musk targets Australian senator, gun laws in deepening dispute over X attack posts | Oneindia

Elon Musk found himself in the crosshairs of controversy once again as he clashed with Australian authorities over content censorship on his platform, X. The dispute stemmed from a court order instructing X to remove video posts depicting a violent incident involving an Assyrian bishop. Musk, known for his outspoken nature, accused Australian leaders of attempting to stifle internet freedom, drawing condemnation from lawmakers. #ElonMusk #AnthonyAlbanese #ElonMuskVsAustralia #XStabbingPosts #PostCensorship #Australia #SenatorTargeted #XDispute #SydneyChurchStabbing #CensorshipBattle #GunLawsDebate #InternetFreedom #ContentRegulation #LegalChallenge ~PR.152~ED.101~GR.122~

Elon Musk accuses Australia of censorship

Bolsonaro supporters hail Elon Musk at Rio rally

'Mufasa: The Lion King:' Disney Reveals First Prequel Trailer | THR News Video

Disney has finally released the first trailer for 'Mufasa: The Lion King.' The film, directed by Barry Jenkins, serves as both an origin story and follow-up to Jon Favreau's 2019 movie 'The Lion King' which was based on the 1994 Disney animated classic of the same name. The new film will tell the backstory of Simba's father, Mufasa, an orphan who grew up to be a wise, powerful and compassionate ruler.

2024 Rock & Roll Hall of Fame Inductees Are Announced

2024 Rock & Roll Hall of Fame Inductees , Are Announced. 2024 Rock & Roll Hall of Fame Inductees , Are Announced. This year's honorees are Mary J. Blige, Cher, Dave Matthews Band. This year's honorees are Mary J. Blige, Cher, Dave Matthews Band. This year's honorees are Mary J. Blige, Cher, Dave Matthews Band. Foreigner, Peter Frampton, Kool & The Gang. Foreigner, Peter Frampton, Kool & The Gang. Foreigner, Peter Frampton, Kool & The Gang. Ozzy Osbourne and A Tribe Called Quest, NPR reports. . Ozzy Osbourne and A Tribe Called Quest, NPR reports. . John Sykes, chairman of the Rock & Roll Hall of Fame Foundation, issued a statement about this year's inductees. Rock & Roll is an ever-evolving amalgam of sounds that impacts culture and moves generations, John Sykes, chairman of the Rock & Roll Hall of Fame Foundation, via NPR. This diverse group of inductees each broke down musical barriers and influenced countless artists that followed in their footsteps, John Sykes, chairman of the Rock & Roll Hall of Fame Foundation, via NPR. Additionally, the Musical Influence Award will go to Alexis Korner, John Mayall and Big Mama Thornton. Additionally, the Musical Influence Award will go to Alexis Korner, John Mayall and Big Mama Thornton. Additionally, the Musical Influence Award will go to Alexis Korner, John Mayall and Big Mama Thornton. The Musical Excellence Award will be given to Jimmy Buffett, MC5, Dionne Warwick and Norman Whitfield. The Musical Excellence Award will be given to Jimmy Buffett, MC5, Dionne Warwick and Norman Whitfield. The Musical Excellence Award will be given to Jimmy Buffett, MC5, Dionne Warwick and Norman Whitfield. The Musical Excellence Award will be given to Jimmy Buffett, MC5, Dionne Warwick and Norman Whitfield. The Ahmet Ertegun Award, which honors those who don't perform music but have made an impact in the industry, will go to Suzanne de Passe. The induction ceremony will take place on Oct. 19 and will stream live on Disney+. It will be available to view on Hulu the following day and will also air on ABC at a later date. It will be available to view on Hulu the following day and will also air on ABC at a later date

Key Federal Reserve Inflation Gauge Rose 2.8% in March

Key Federal Reserve Inflation Gauge , Rose 2.8% in March. According to Commerce Department data released on April 26. the personal consumption expenditures (PCE) price index, not including food or energy, rose 2.8% year-over-year in March. . That exceeded Dow Jones estimates of 2.7%, CNBC reports. . When also accounting for food and energy, the all-items PCE measure rose 2.7%, which was above the 2.6% estimate. Inflation reports released this morning were not as a hot as feared, , George Mateyo, chief investment officer at Key Wealth, via CNBC. ... but investors should not get overly anchored to the idea that inflation has been completely cured and the Fed will be cutting interest rates in the near-term, George Mateyo, chief investment officer at Key Wealth, via CNBC. The prospects of rate cuts remain, but they are not assured, and the Fed will likely need weakness in the labor market before they have the confidence to cut, George Mateyo, chief investment officer at Key Wealth, via CNBC. Consumers continue to spend despite higher prices, CNBC reports. Personal spending increased 0.8% in March, while personal income rose 0.5%. The personal saving rate dropped to 3.2% as more people are having to dip into their savings to cover the cost of living. The Fed continues to target 2% inflation, which the core PCE has exceeded for the last three years, CNBC reports.

Netflix Exceeds Earnings Estimates As Subscribers Increase

Netflix Exceeds Earnings Estimates , As Subscribers Increase. Netflix Exceeds Earnings Estimates , As Subscribers Increase. Netflix released a Q1 earnings report on April 18, indicating that its number of subscribers jumped 16% year-over-year to reach 269.6 million. Analysts only expected the streamer to have about 264.2 million subscribers, CNBC reports. . The company also brought in $9.37 billion in revenue versus analysts' expectations of $9.28 billion. . However, Netflix said that its membership numbers are no longer the main factor contributing to the company's growth. As a result, the company will stop providing "quarterly membership numbers or average revenue per user" beginning in 2025, CNBC reports. . Instead, it will divulge "major subscriber milestones as we cross them.". Price hikes, terminating password sharing and offering an ad-supported tier are all tactics that have boosted revenue. Netflix is also seeking to gain traction within the video game space and recently partnered with TKO Group Holdings to offer WWE on the platform. We’re in the very early days of developing our live programming and I would look at this as an expansion of the types of content we offer, the way we expanded to film and unscripted and animation and most recently games, Ted Sarandos, co-CEO of Netflix, via earnings call. We believe that these kind of event cultural moments like the Jake Paul and Mike Tyson fight are just that kind of television, and we want to be part of winning over those moments with our members as well, so that for me is the excitement part of this, Ted Sarandos, co-CEO of Netflix, via earnings call. As of the morning of April 18, Netflix's stock was up 27%

Google Fires Employees for Protesting Israel Contract

Google Fires Employees , for Protesting Israel Contract. 28 Google workers have been fired for protesting a $1.2 billion contract that the company has with the Israeli government and military to provide cloud and AI services, NBC News reports. . The firings follow an April 16 sit-in at Google's offices in California, New York and Seattle in which nine workers were arrested. The group that coordinated the demonstration is known as No Tech for Apartheid. . Google issued a statement about the recent firings. A small number of employee protesters entered and disrupted a few of our locations. , Google spokesperson, via statement. Physically impeding other employees’ work and preventing them from accessing our facilities is a clear violation of our policies, and completely unacceptable behavior. , Google spokesperson, via statement. We have so far concluded individual investigations that resulted in the termination of employment for 28 employees, and will continue to investigate and take action as needed, Google spokesperson, via statement. No Tech for Apartheid claims that the workers were fired "indiscriminately.". This excuse to avoid confronting us and our concerns directly, and attempt to justify its illegal, retaliatory firings, is a lie, No Tech for Apartheid, via statement. Meanwhile, many of Google's workers have reportedly quit after experiencing "mental health consequences of working at a company that is using their labor to enable a genocide," No Tech for Apartheid said. On a personal level, I am opposed to Google taking any military contracts — no matter which government they’re with or what exactly the contract is about. , Cheyne Anderson, a Google Cloud software engineer based in Washington who was arrested during a sit-in, to CNBC

Amazon Cuts Hundreds of Cloud Computing Jobs

Amazon Cuts Hundreds , of Cloud Computing Jobs. An Amazon Web Services (AWS) spokesperson issued a statement about the job cuts on April 3, CNBC reports. . We’ve identified a few targeted areas of the organization we need to streamline in order to continue focusing our efforts on the key strategic areas that we believe will deliver maximum impact, AWS spokesperson, via statement. We didn’t make these decisions lightly, and we’re committed to supporting the employees throughout their transition to new roles in and outside of Amazon, AWS spokesperson, via statement. Cuts are being made to the store technology division “as a result of a broader strategic shift in the use of some applications in Amazon’s owned as well as in third-party stores,” the spokesperson said. The layoffs come after Amazon announced that it was ending its Just Walk Out technology in Fresh stores. The cashierless technology is overseen by teams within the AWS unit. . Beginning in 2022, Amazon started its largest layoffs in history by letting go of 27,000 roles company-wide. . So far in 2024, the retail behemoth has cut jobs at Audible, Buy with Prime, Prime Video, MGM Studios and Twitch, CNBC reports. . This latest round of cuts will allow U.S. employees to collect pay and benefits for a minimum of 60 days. They will also be offered a severance package.

UPS to Become US Postal Service’s Main Air Cargo Provider

UPS to Become US Postal Service’s , Main Air Cargo Provider. On April 1, United Parcel Service announced that it will replace FedEx as the primary air cargo provider for the USPS, CNBC reports. . On April 1, United Parcel Service announced that it will replace FedEx as the primary air cargo provider for the USPS, CNBC reports. . FedEx is walking away from a 22-year partnership after failing to secure a better contract with the agency. . FedEx is walking away from a 22-year partnership after failing to secure a better contract with the agency. . In fiscal year 2023, USPS paid FedEx $1.73 billion for its services, down from the $2.4 billion FedEx received in fiscal year 2020. The decrease in payments was partially due to the postal service using more economical trucks in place of planes, CNBC reports. . The parties were unable to reach agreement on mutually beneficial terms to extend the contract, FedEx, via securities filing. Since FedEx will lose nearly $2 billion in annual business from letting go of the contract, . hundreds of pilots will likely lose their jobs, CNBC reports . Following the announcement, UPS shares increased 1.4% while FedEx stock dropped 1.6%. FedEx's current contract is set to expire on Sept. 29