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In an order on Monday, the appeals court denied Musk's request that the panel or all 13 active judges revisit the case. Alex Spiro, a lawyer for Musk, confirmed on Tuesday that Musk plans an appeal to the Supreme Court. In its May 15 decision, the appeals court panel said Musk could not revisit the screening of tweets because he had "changed his mind." "Supreme Court law holds otherwise." The Supreme Court typically hears oral arguments in about 70 of the approximately 5,000 cases it reviews each year.
Persons: Elon Musk, Alex Spiro, Musk, tweeting, Jonathan Stempel, Jonathan Oatis Organizations: Tesla, Supreme, Securities and Exchange Commission, U.S, Circuit, SEC, Twitter, Thomson Locations: U.S, Manhattan, New Orleans, New York
Meta Platforms made headlines last week with the launch of Threads , a text-based social media app challenging Twitter and pitting two heavyweight technology leaders against one another. "It's a land grab right now, right now, it's PR," said Paul Meeks, portfolio manager at Independent Solutions Wealth Management. Evercore ISI's Mark Mahaney wrote in a recent note that Threads "poses very little downside" risk to Meta's business, offering "upside optionality" for revenues and profits. Headwinds to Twitter Morfe broadly, Threads may rattle the social media industry and, over the long haul, snatch up some competitor's cherished advertisers. To be sure, Elevation Partners co-founder Roger McNamee said Meta and Threads face a long, uphill climb.
Persons: Mark Zuckerberg, Meta, Meta hasn't, Adam Mosseri, it's, Paul Meeks, Meeks, Evercore, Mark Mahaney, Gene Munster, Mark Douglas, MNTN, CNBC's, Matthew Prince, Musk's, Alex Spiro, Roger McNamee Organizations: European Union, Twitter, PR, Independent Solutions Wealth Management, Meta, Facebook, Elon, Partners
Javice is accused of grossly exaggerating the numbers of customers she had before her sale to JP Morgan. After hat after the initial deception to JP Morgan Chase, Javice and Amar pivoted to another, Fergenson said. Javice and Amar presented it all in a spreadsheet to JP Morgan Chase, representing all of the names to be Frank users, Fergenson said. Javice's attorney, Alex Spiro, who has alleged that JP Morgan Chase is retaliating against his client for her exposure of their violating of privacy laws, objected. "The government is just regurgitating to the court JP Morgan Chase's civil lawsuit," he said.
Persons: Frank, Charlie Javice, Javice, JP Morgan, Olivier Amar, JP Morgan Chase, Mr, Amar, Micah F, Fergenson, Morgan Chase, Alvin K, Hellerstein, nodded, , Alex Spiro, Morgan, Judge Hellerstein Organizations: University of Pennsylvania's Wharton School of Business, Forbes, Fast Company, of, Securities and Exchange Commission Locations: Manhattan, Pennsylvania, Southern, of New York
Elon Musk keeps replying to a parody account that insults Meta CEO, Mark Zuckerberg. Meta just launched its newest social media app called Threads, accused of being a Twitter "copycat." Elon Musk is clearly shaken by Twitter's newest competitor Threads because the billionaire is now responding to a parody account that insults Mark Zuckerberg on his behalf. Parody account @ElonMuskAOC posted the tweets in a screenshot and joked: "At this point, I can't keep track of which account I'm tweeting from." But Musk's anger doesn't just end at cheap swipes on social media.
Persons: Elon, Mark Zuckerberg, Meta, Elon Musk, Musk, Zuckerberg, doesn't, Alex Spiro Organizations: Twitter
In this photo illustration, the Threads logo by META is displayed on a smartphone with Twitter logo in the background. User traffic on Twitter has slowed since the launch of Meta 's text-based platform Threads, which has already surpassed 100 million sign-ups since its debut last week. "Threads reached 100 million sign ups over the weekend. The company said Twitter's web traffic is down 11% compared with the same days in 2022. Threads reached the 100 million milestone even faster than OpenAI's generative chatbot ChatGPT, which surpassed 100 million monthly users in two months.
Persons: Adam Mosseri, Mark Zuckerberg, Twitter, Matthew Prince, Similarweb, Mosseri, Elon Musk, Alex Spiro, Zuckerberg Organizations: Meta, Twitter Locations: U.S, Europe
Zuckerberg has been mocking Musk on Threads, and Musk responded by calling Zuckerberg a "cuck" and proposing a "dick measuring contest." Twitter responded with a poop emoji. Twitter executive chairman — and self-appointed "Chief Twit" — Elon Musk and Meta CEO Mark Zuckerberg are at it again. As Insider reported, Musk has replied to tweets with the word "concerning" at least 26 times. Insider reached out to Musk, Twitter, Tesla, Meta's press office, and a spokesperson at Meta.
Persons: Elon Musk, Mark Zuckerberg, Zuckerberg, Musk, Twitter, , — Elon Musk, Wendy's, emoji, Dana White, White, Alex Spiro, Meta, Andy Stone, Semafor, — that's, Tesla Organizations: Twitter, Morning, Zuckerberg, SpaceX, The New York Times, TMZ, Italy's Ministry of Culture, Times, Meta Locations: Las Vegas
In this photo illustration, the Threads logo by META is displayed on a smartphone with Twitter logo in the background. Meta's new Twitter competitor Threads has exploded in growth in its first full day since its public debut Wednesday night, fueled by Instagram's already massive userbase. The booming growth is helped along by the fact that Threads is tied to an existing social network, Meta's Instagram. "No one on the Threads engineering team is a former Twitter employee," Meta's communications director, Andy Stone, wrote on Threads in response to the letter. WATCH: Meta's Threads is not Twitter killer, but will pose real threat to Twitter's growth: Analyst
Persons: Jasmine Enberg, Elon Musk, Alex Spiro, Andy Stone, That's, aren't, Enberg, It's, Axios Organizations: Meta, Insider Intelligence, Twitter, Facebook, Republican, White Locations: Europe, Instagram
Elon Musk and Mark Zuckerberg remain at each others' throats following the launch of Threads. The squabble has ramped up a notch after Twitter threatened to take Meta to court over Threads. It's getting a bit pitiful for Elon Musk and Mark Zuckerberg as their feud continues to escalate, following the launch of Threads. In Musk's case, Twitter CEO Linda Yaccarino should bring a level-headedness that her colleague is clearly lacking. These include hashtags, a "following" feed, and a messaging function, which means Threads is still a skeletal project.
Persons: Elon Musk, Mark Zuckerberg, haven't, Musk, Alex Spiro, Zuckerberg –, Meta, Andy Stone, Sheel Mohnot, Zuckerberg, Zuck, who's, He's, Alex Heath, Linda Yaccarino, Adam Mosseri, Mosseri Organizations: Meta, Twitter, UFC Locations: San Francisco
Meta launched a text-based app called Threads that competes with platforms like Twitter. The letter accuses Meta of hiring "dozens" of ex-Twitter employees and using them to create Threads. Less than 24 hours since Meta launched Threads, Musk's attorney Alex Spiro sent a cease-and-desist letter to Meta CEO Mark Zuckerberg, accusing the company of hiring "dozens of former Twitter employees" to create a "copycat" app. Since the Tesla founder took over Twitter, Musk said in a BBC interview that he had laid off about 80%, or 6,500 Twitter employees, whittling the company down to fewer than 600 engineers. Meta employees have seen the chaos at Twitter as an opportunity to create a rival app for months, The New York Times previously reported.
Persons: Meta, Elon Musk's, Elon Musk, Musk, Alex Spiro, Mark Zuckerberg, Andy Stone, — that's, Spiro, Zuckerberg Organizations: Twitter, Meta, New York Times
[1/2] Meta's Threads app and Twitter logos are seen in this illustration taken July 4, 2023. Meta, which launched Threads on Wednesday and has logged more than 30 million sign ups, looks to take on Elon Musk's Twitter by leveraging Instagram's billions of users. Spiro, in his letter, accused Meta of hiring former Twitter employees who "had and continue to have access to Twitter's trade secrets and other highly confidential information," News website Semafor first reported. "Twitter intends to strictly enforce its intellectual property rights, and demands that Meta take immediate steps to stop using any Twitter trade secrets or other highly confidential information," Spiro wrote in the letter. "No one on the Threads engineering team is a former Twitter employee — that's just not a thing," Meta spokesperson Andy Stone said in a Threads post.
Persons: Dado Ruvic, Mark Zuckerberg, Alex Spiro, Meta, Spiro, Semafor, — that's, Andy Stone, Musk, Mark Lemley, Jeanne Fromer, Akash Sriram, Tiyashi Datta, Jody Godoy, Katie Paul, Shailesh Kuber, Josie Kao Organizations: REUTERS, Twitter, Meta, Facebook, Elon, Reuters, Stanford, New York University, Thomson Locations: Bengaluru, New York
Twitter threatens to sue Meta over Threads, Semafor reports
  + stars: | 2023-07-06 | by ( ) www.reuters.com   time to read: +2 min
Meta, which launched Threads on Wednesday and has logged more than 30 million sign ups, looks to take on Elon Musk's Twitter by taking advantage of Instagram's billions of users. "Twitter intends to strictly enforce its intellectual property rights, and demands that Meta take immediate steps to stop using any Twitter trade secrets or other highly confidential information," Spiro wrote in the letter. "No one on the Threads engineering team is a former Twitter employee — that's just not a thing," Meta spokesperson Andy Stone said in a Threads post. A former senior Twitter employee told Reuters they were not aware of any former staffers working on Threads, nor any senior personnel who landed at Meta at all. loadingSince Musk's takeover of the social media platform, Twitter has seen competition from Mastodon and Bluesky among others.
Persons: Semafor, Mark Zuckerberg, Alex Spiro, Meta, Spiro, — that's, Andy Stone, Musk, Akash Sriram, Tiyashi Datta, Katie Paul, Shailesh Organizations: Twitter, Meta, Facebook, Elon, Reuters, Thomson Locations: Bengaluru, New York
Elon Musk's lawyer sent a cease and desist letter to Mark Zuckerberg over the launch of Threads. Musk claims Meta hired ex-Twitter staff to help create the "copycat" app, something Meta denies. Some former Twitter employees are at Meta. Elon Musk's Twitter is threatening to take Facebook's parent company, Meta, to court over its new rival social media app, Threads. Spiro went on in the letter to accuse Meta of hiring "dozens of former Twitter employees," some of which "improperly retained Twitter documents and electronic devices."
Persons: Elon Musk's, Mark Zuckerberg, Meta, Elon, Alex Spiro, Spiro, — that's, Stone, Zuckerberg, Walter Isaacson, Musk Organizations: Twitter, Meta, Elon Musk's Twitter Locations: whcih
Twitter's lawyer wrote a letter to Facebook parent Meta on Wednesday, accusing the company of "systematic" and "unlawful misappropriation" of trade secrets following the launch of its Threads service. The letter from longtime Elon Musk attorney Alex Spiro alleged that Meta's new Twitter clone was built by former Twitter employees "deliberately assigned" to develop a "copycat" app. Spiro offered no concrete examples of Twitter employees using trade secrets to build the app, which notched millions of users within hours of its launch. "No one on the Threads engineering team is a former Twitter employee," Andy Stone, Meta communications director, posted on Threads. Spiro said Meta is "expressly prohibited" from crawling or scraping Twitter's follower data, without providing evidence that Meta has engaged in that activity.
Persons: Elon Musk, Porte, Twitter's, Alex Spiro, Semafor, Spiro, , Andy Stone, That's, Musk, Meta, Linda Yaccarino Organizations: SpaceX, Tesla, Twitter, Viva Technology, Porte de Locations: Paris, France
CNN —Twitter is threatening Meta with a lawsuit after the blockbuster launch of Meta’s new Twitter rival, Threads — in perhaps the clearest sign yet that Twitter views the app as a competitive threat. On Wednesday, an attorney representing Twitter sent Meta CEO Mark Zuckerberg a letter that accused the company of trade secret theft through the hiring of former Twitter employees. “No one on the Threads engineering team is a former Twitter employee — that’s just not a thing,” he said on Threads. Unlike some Twitter rivals, Threads has experienced rapid growth, with Zuckerberg reporting 30 million user sign-ups in the app’s first day. As of Thursday afternoon, Threads was the number-one free app on the iOS App Store.
Persons: Mark Zuckerberg, Alex Spiro, Elon Musk, Meta, Musk, Meta “, ” Spiro, , Andy Stone, , — that’s, Jack Dorsey, Zuckerberg, Carl Tobias, ” Tobias Organizations: CNN, Twitter, Semafor, University of Richmond, Meta
The Bridal Industry Is Having a Swimsuit Moment
  + stars: | 2023-06-22 | by ( Alix Strauss | ) www.nytimes.com   time to read: +1 min
Marigo Mihalos Sfaelos brought many outfits to her four-day, event-filled wedding in Karpathos, Greece, last year. There was the silk citrine Greek goddess-style dress, a floral appliqué Estee Couture bridal gown, and a disco ball-inspired floor-length dress for the after party. “I wanted it to be a bridal look that stood out, and the bride should stand out,” said Mrs. Mihalos Sfaelos, 35, a senior director of talent relations at SiriusXM radio in New York. “You can’t just wear a white bathing suit.”Other brides seem to feel the same way, especially with destination weddings, and designers and stylists are paying close attention. Today’s bridal swimwear are not just fashion-forward white bathing suits — they are beaded and bedazzled, fancy and frilly, lacy and Lycra-fitted, and custom made.
Persons: Marigo Mihalos Sfaelos, Karen Sabag’s Rêver, , Mihalos Sfaelos, Spiro Sfaelos, lacy Locations: Karpathos, Greece, New York
REUTERS/Dado Ruvic/IllustrationNEW YORK, June 20 (Reuters) - Foreign-exchange investors are moving more of their over-the-counter (OTC) derivatives trades to lookalike products on exchanges to avoid higher costs due to recent global regulations, helping inject transparency into a multitrillion-dollar market that is largely hidden from the public eye. The gradual behavioral change in FX derivatives trading is being caused by increasing margin and collateral costs, said Joe Midmore, chief commercial officer at OpenGamma, a derivatives analytics firm. OTC derivatives are privately negotiated contracts while cleared derivatives, though bilaterally negotiated, are booked with a clearinghouse such as a listed exchange. "They will also incur the operational, legal and custody costs of setting up margin facilities as well as the capital costs of posting margin," Houston said. "There is inherently risk involved in lots of people transacting derivatives with each other," said Riddle.
Persons: Dado Ruvic, Ben Feuer, Joe Midmore, , Michael Riddle, Paul Houston, Houston, ForexClear, James Pearson, Tom Arnold, Joe Spiro, Peter Vassallo, Riddle, Laura Matthews, Shankar Ramakrishnan, Megan Davies, Matthew Lewis Organizations: REUTERS, Societe Generale, Banking Supervision, International Organization of Securities Commissions, CME, CME Group, FX, Reuters Graphics British, Financial, ForexClear, BNP, Management, Thomson Locations: Saudi, New York, Hazeltree
Twitter has faced several lawsuits from landlords complaining that it hasn't paid rent on offices. Now a Colorado judge has issued an order that the sheriff should help evict Twitter, reports say. Elon Musk once said Twitter would only pay rent "over his dead body," according to one lawsuit. Twitter is being kicked out of its office in Boulder, Colorado after not paying rent for months, according to a report by the Denver Business Journal. According to one lawsuit filed by ex-Twitter employees last month, Musk said in one 4 a.m. conversation the company would only pay office rent "over his dead body."
Persons: Elon Musk, Elon, King Charles, Musk, Alex Spiro, San Francisco, Twitter Organizations: Twitter, Morning, Denver Business Journal, TechCrunch, Boulder, The Denver Post, San Locations: Colorado, Boulder , Colorado, San Francisco, London
CNN —The armorer on the set of the movie “Rust” likely was hungover when she loaded a prop gun used by actor Alec Baldwin that fired a live round of ammunition during a rehearsal, killing cinematographer Halyna Hutchins, prosecutors said in a court filing. Witnesses told investigators Hannah Gutierrez Reed “was drinking heavily and smoking marijuana in the evenings during the shooting of Rust,” prosecutors said in the Friday filing. Gutierrez Reed will plead not guilty to two counts of involuntary manslaughter in connection with the October 2021 shooting, an attorney for her has said. A final decision on charges against Baldwin would be made before August 8, prosecutors said in the Friday filing. Through their respective attorneys, both Gutierrez Reed and Halls accused Baldwin of deflecting blame onto others.
Persons: Alec Baldwin, Halyna Hutchins, Hannah Gutierrez Reed “, , Gutierrez, Gutierrez Reed’s, Gutierrez Reed, Joel Souza, Jason Bowles, ” Bowles, , Baldwin, ” Kari Morrissey, Jason Lewis, Mr, Luke Nikas, Alex Spiro, Hannah, Jae C, CNN’s Chloe Melas, Dave Halls, ” Baldwin, Hutchins ’, Baldwin –, Matthew Hutchins, “ Rust ” Organizations: CNN, ” CNN Locations: Mexico, Santa Fe , New Mexico, New Mexico, Montana
Donald Trump’s criminal cases, explained
  + stars: | 2023-06-09 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +14 min
Trump was indicted back in March by the Manhattan district attorney on state charges related to hush-money payments to a former adult-film star in 2016. Smith is also overseeing other investigations related to Trump, including those regarding the January 6, 2021, insurrection and the 2020 election. That federal law deals with the illegal retention of “national defense information,” a broad term that encompasses classified documents and other sensitive government materials. Federal charges related to classified documents likely do not either. But people do routinely serve prison time for retention of classified documents, conspiracy and obstruction.
Persons: Donald Trump’s, He’s, Jack Smith, Trump’s, Trump, Aaron Burr, Wasn’t, isn’t Trump, Smith, Joe Biden’s, Jim Trusty, , Elie Honig, CNN’s Marshall Cohen, CNN’s Evan Perez, Joe Biden, Honig, , Robert Ray, Ray, it’s, David Axelrod, ‘ They’re, , Richard Hasen, don’t, Jean Carroll, We’re, hasn’t, Hasen, Richard Nixon, Gerald Ford, Nixon’s, Spiro Agnew, Agnew, Burr, We’ve, Let’s Organizations: CNN, US Department of Justice, Trump, White, National Archives, Prosecutors, Lago, USC, FBI, DOJ, That’s, Manhattan, Justice Department, Republican, Democratic, University of California, Senate, State, Quinnipiac University, Service Locations: Lago, Miami, Manhattan, Florida, Trump . Miami, Washington, New York, Dade County, Los Angeles, United States, New York City, Fulton County , Georgia, York
Javice is accused of inflating the number Frank's users before she sold it to JPMorgan Chase. The charges represented a significant fall for one of the much-lauded young fintech founders. But within a year of selling Frank to JPMorgan Chase, the bank cried foul, claiming that the number of users had been wildly inflated. The complaint alleges that Javice bought names and email addresses from third parties and then represented them as Frank customers. Fergenson explained that Javice had made JPMorgan Chase, "believe that Frank had been an extremely successful start up."
Persons: Charlie Javice, Frank, Javice, JPMorgan Chase, Jarvis, Micah F, Fergenson, octogenarian, Alvin K, Morgan Chase, Judge Hellerstein, Alex Spiro Organizations: JPMorgan, Manhattan, Frank's, Forbes, U.S, Southern, of, Securities and Exchange Commission Locations: of New York
Elon Musk has been accused of insider trading in a class action lawsuit. Musk has repeatedly shared his enthusiasm for the token, including once on "Saturday Night Live." Musk, who is once again the world's richest man, is a longtime dogecoin fan. Alex Spiro, a lawyer for both Musk and Tesla, did not immediately respond to a request for comment from Insider, made outside normal working hours. Read more: Elon Musk's latest financial advice: Don't pour your life savings into dogecoin
Persons: Elon Musk, Tesla, Musk, , Elon, shiba, , Musk's, Alvin Hellerstein, Alex Spiro, Read Organizations: Investors, Service, Privacy, Reuters, Twitter Locations: Manhattan, London
NEW YORK, June 1 (Reuters) - Elon Musk is being accused of insider trading in a proposed class action by investors accusing the Tesla Inc (TSLA.O) CEO of manipulating the cryptocurrency Dogecoin, costing them billions of dollars. A "deliberate course of carnival barking, market manipulation and insider trading" enabled Musk to defraud investors, promote himself and his companies, the filing said. The investors' lawyer did not immediately respond to a separate request. They included their latest accusations in a proposed third amended complaint, in a lawsuit that began last June. The case is Johnson et al v. Musk et al, U.S. District Court, Southern District of New York, No.
Persons: Elon Musk, Musk, influencers, Dogecoin's Shiba, Alex Spiro, Tesla, Alvin Hellerstein, Johnson, Jonathan Stempel, Marguerita Choy Organizations: YORK, Tesla Inc, Investors, Twitter, Forbes, Court, Southern District of, Thomson Locations: Manhattan, Dogecoin, U.S, Southern District, Southern District of New York, New York
The Verge's copy of the letter shows a dispute over Microsoft's use of Twitter's API. The lawyer said Microsoft had retrieved over 26 billion tweets in 2022 alone. Elon Musk's lawyer sent a letter to the Microsoft CEO on Thursday accusing the company of misusing Twitter's data, The New York Times first reported. He wrote that Twitter therefore requests an audit of Microsoft's API use, describing all the Twitter content that was retained and how it was used. Microsoft told The New York Times it no longer pays for Twitter's data.
Washington CNN —Twitter is accusing Microsoft of abusing its data access privileges to its platform, in the latest sign of the social network’s owner Elon Musk igniting a feud between the two tech companies. Microsoft refused to pay Twitter to maintain its data access through Twitter’s application programming interface (API) after Twitter erected a paywall seeking to charge for data, according to the letter. The letter called on Microsoft to provide information about its past two years of Twitter API usage, setting a deadline of June 7. “We heard from a law firm representing Twitter with some questions about our previous use of the free Twitter API. Musk’s targeting of Microsoft over its AI investments appears closely linked to his overall criticisms of existing AI models.
Twitter alleges "unauthorized" data usage by Microsoft
  + stars: | 2023-05-18 | by ( ) www.reuters.com   time to read: +2 min
May 18 (Reuters) - Twitter Inc has alleged that Microsoft Corp (MSFT.O) violated an agreement over using the social media company's data, according to a letter seen by Reuters on Thursday. Twitter owner Elon Musk's lawyer leveled accusations of "unauthorized" usage of Twitter's data by Microsoft, including sharing data with government agencies without permission in some cases. A Microsoft spokesperson said the company on Thursday heard from a law firm representing Twitter with some questions about its previous use of the free Twitter APIs. Twitter's accusations come at a time when Elon Musk is at odds with Microsoft over its artificial intelligence platform. Musk said in April he will launch AI platform "TruthGPT" to challenge the offerings from Microsoft and Google.
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