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Search resuls for: "PlainSite"


8 mentions found


☆ OpenAI's nonprofit arm showed revenue of $45,000 last year, even though company is worth billions
  + stars: | 2023-12-12 | by ( Jordan Novet | ) www.cnbc.com   time to read: +6 min
That's from the nonprofit parent's 990 filing with the Internal Revenue Service, a form that has to be filled out by organizations wishing to maintain their tax-exempt status. Thad Calabrese, a professor of public and nonprofit financial management at New York University, said OpenAI's current status is confusing, and is unlike anything he has seen in the nonprofit world. He said OpenAI could give up its nonprofit status, and he cited the Blue Cross Blue Shield Association, which in 1994 allowed associated nonprofit medical insurance plans to switch into for-profit entities. An OpenAI spokesperson didn't respond to a question about whether the organization is considering giving up its nonprofit status. Unlike OpenAI, Mozilla never raised money from venture and corporate investors, who expect returns on their investments.
Persons: Sam Altman, OpenAI's financials, OpenAI, That's, PlainSite, Altman, Helen Toner, Tasha McCauley, Ilya Sutskever, Thad Calabrese, Calabrese, didn't, Mark Surman, Surman, Altman's, hasn't, Bret Taylor Organizations: Internal Revenue Service, CNBC, New York University, Shield Association, Mozilla Foundation, Mozilla Corporation, Mozilla, Microsoft, Duke University Locations: California
☆ Elon Musk reactivates Alex Jones' X account after a five-year ban
  + stars: | 2023-12-10 | by ( Lora Kolodny Rebecca Picciotto | Lora Kolodny | In Lorakolodny | ) www.cnbc.com   time to read: +4 min
of X Elon Musk speaks during the New York Times annual DealBook summit on November 29, 2023 in New York City. Elon Musk on Sunday reinstated the account of conspiracy theorist Alex Jones on X, formerly Twitter, reneging on a year-ago vow to keep Jones off the social network. Users of the Elon Musk-led X social media platform had anticipated the reinstatement of Jones since at least Thursday, when Musk said he would consider reinstating Jones. Musk said Jones "cannot break the law," but that if he does spread misinformation, X's community notes feature will correct him. X has allowed Tate to monetize his account and Tate has said that he generated tens of thousands of dollars on X, previously.
Persons: Tesla, X Elon Musk, Elon Musk, Alex Jones, Jones, Sandy, Sandy Hook, Infowars, Musk, Andrew Tate —, Tate, monetize, Travis Brown, Jack Sweeney, Aaron Greenspan, MMfA, he's, Donald Trump Organizations: SpaceX, New York Times, Elon, Twitter, Elementary, Sandy Hook Elementary School, Associated Press, Media, America Locations: New York City, Sandy, Newtown , Connecticut, Texas and Connecticut, Romania, New York
☆ Elon Musk's Twitter sues top law firm Wachtell over $90 million fee for work under prior ownership
  + stars: | 2023-07-07 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com   time to read: +3 min
Attorneys for Elon Musk filed suit this week against the law firm that represented Twitter when Musk was trying to take the company private last year, claiming the firm charged too much for its work. The lawsuit says Wachtell, Lipton, Rosen, and Katz, which was Twitter's firm prior to Musk's acquisition, racked up a $90 million "last minute" legal bill. Wachtell represented Twitter after Musk reneged on his initial offer to take Twitter private for $44 billion. The law firm helped close the deal in November 2022, and was paid that $90 million fee for its work securing the transaction, which was tendered at a significant premium to Twitter's public market valuation. Twitter sued Musk for not honoring his commitment to the company's shareholders, and Musk eventually relented, purchasing Twitter at the agreed upon price.
Persons: Elon Musk, Musk, Wachtell, Lipton, Rosen, Katz, Reid Collins, Tsai, It's, Ben Roth, — CNBC's Lora Kolodny Organizations: Tesla Inc, Elon, Twitter, X Corp, San Francisco, Google, Rosen Locations: San Francisco , California, Austin , Texas, Delaware, California, San Francisco
☆ The college student who tracks Elon Musk's jet and was banned says other flight-tracking accounts haven't received the same treatment
  + stars: | 2023-06-28 | by ( Grace Kay | ) www.businessinsider.com   time to read: +6 min
Sweeney said some real-time flight-tracking accounts haven't been banned, despite Twitter's policy. The college student had over 30 accounts banned after Elon Musk instituted a policy change. Since then, Sweeney has opened up a new personal account, as well as Twitter accounts that track Musk's private jet and Gov. Insider was able to identify multiple accounts on Twitter that shared real-time flight data but have not been banned. Sweeney pointed to accounts of top Musk critics like Aaron Greenspan that have been banned seemingly without any specific reason in recent months.
Persons: Jack Sweeney, Sweeney, Elon Musk, Tesla, Elon, it's, Mark Zuckerberg, Vladimir Putin, Donald Trump, Musk, Ron DeSantis, he's, Max Verstappen, Wagner, Yevgeny Prigozhin, I'm, Aaron Greenspan, Greenspan, isn't, Sweeney doesn't Organizations: Elon, Twitter, Facebook, Wagner Group, NFL, UCF, BBC Locations: Russia
☆ Twitter has suspended the accounts of a prominent Tesla and Elon Musk critic, PlainSite founder Aaron Greenspan
  + stars: | 2023-06-15 | by ( Lora Kolodny | ) www.cnbc.com   time to read: +2 min
Twitter suspended the accounts of PlainSite and its founder Aaron Greenspan, a prolific Tesla and Elon Musk critic, on Tuesday afternoon. PlainSite is an online database that makes state and federal court filings and other public records available to users for free. Greenspan has meticulously tracked litigation by or against companies mostly in the U.S., including Tesla, Twitter (which Musk took private in an acquisition last year), as well as competitors GM , Meta and a myriad of others. The suspension stands at odds with public statements from Twitter's executive chairman and CTO Elon Musk, and newly-appointed CEO Linda Yaccarino. He also discussed some of the reasons why he started the "legal transparency initiative" PlainSite, and how he came to be regarded as an Elon Musk nemesis.
Persons: Aaron Greenspan, Elon Musk, Greenspan, Tesla, Musk, Linda Yaccarino, Yaccarino, Elon Organizations: Twitter, GM, Meta, CNBC Locations: PlainSite, U.S, NBCUniversal
☆ Elon Musk is paying $10,000 to settle a Tesla critic's defamation lawsuit against him
  + stars: | 2023-05-01 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +2 min
A Tesla critic said he is accepting Elon Musk's offer of $10,000 to resolve a defamation suit. Hothi had alleged the Tesla chief defamed him in an email claiming Hothi "almost killed Tesla employees." Elon Musk is settling a lawsuit filed by a Tesla critic who had accused the electric carmaker's chief executive officer of defaming him. Hothi and Tesla had been at odds for some time then, as Hothi had taken pictures of Tesla vehicles at their facility, Insider previously reported. Still, Musk around the time had then sent an email alleging that Hothi "actively harassed" Tesla employees and "almost killed" them, Hothi said.
☆ Jury orders Tesla to pay more than $3 million to Black ex-worker who endured racist abuse
  + stars: | 2023-04-03 | by ( Lora Kolodny | ) www.cnbc.com   time to read: +4 min
Diaz, a Black man, was hired as a contract worker at Tesla in 2015 through a staffing agency. Diaz and Tesla sought a retrial to decide damages after Judge William H. Orrick reduced the amount to $15 million. "No Black man in 2015 should ever be subjected," Alexander said, "to this plantation mentality workplace." The plaintiffs asked the jury to consider punitive damages around $150 million for Tesla, and to award Diaz $6.3 million in past non-economic damages, and $2 million in future non-economic damages. As CNBC has previously reported, where it is legal to do so, Tesla has compelled employees to agree to mandatory arbitration.
☆ Elon Musk-led Twitter has been sued by at least six companies for failing to pay bills
  + stars: | 2023-02-24 | by ( Lora Kolodny | ) www.cnbc.com   time to read: +2 min
Elon Musk's Twitter was sued again in California this week for alleged failure to pay a vendor. The Tesla and SpaceX CEO led a $44 billion buyout of Twitter, which closed around October 27, 2022. According to a Platformer report on Thursday, Twitter suddenly cut off employees' access to Slack this week after failing to pay a bill. In the newest complaint, filed in California Superior Court in San Francisco, Writer says that Twitter failed to pay a bill for the relatively humble amount of $113,856. This week, he wrote on Twitter, "Say what you want about me, but I acquired the world's largest non-profit for $44B lol."
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