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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
The businessman at the center of the allegations that led to the impeachment of the Attorney General of Texas, Ken Paxton, has been arrested and was scheduled to appear in federal court in Austin on Friday, according to federal prosecutors. The man — Nate Paul, a real estate investor in Austin and a donor to Mr. Paxton’s campaign — was taken into custody Thursday afternoon by the Travis County Sheriff’s Office on behalf of the Federal Bureau of Investigation, according to jail records. Lora Makowski, a spokeswoman for the U.S. attorney’s office in Austin, said that Mr. Paul would appear before a magistrate judge Friday morning. It was unclear what federal charges Mr. Paul was facing. Image Nate Paul Credit... Laura Skelding/Austin American-Statesman, via Associated PressMr. Paul became a focus of the impeachment proceedings against Mr. Paxton last month.
Persons: Ken Paxton, Nate Paul, , Lora Makowski, Mr, Paul, Nate Paul Credit, Laura Skelding, Paxton Organizations: Federal Bureau of, U.S, Austin American, Statesman, Associated Press, Texas, Senate Locations: Texas, Austin, Travis
Some apps run on data crowdsourced from relatively affordable air quality sensors sold by companies such as PurpleAir and IQAir. Air quality apps and mapsOutdoor air quality-monitoring apps like AirNow, AirCare and AirVisual have been among the nation's most used apps in past years when wildfires raged in Oregon and California. Like most air pollution trackers, it uses a color-coded visual system to indicate whether air pollution levels are good to hazardous, or whether there is not enough data to issue a rating. These include a Fire and Smoke Map, which provides information on fire locations, smoke plumes and air quality, and the AirNow Interactive Map shows ozone and particulate matter from air quality monitors across the country. Indoor air matters, tooWhile outdoor air quality is important, society doesn't talk or do enough about indoor air quality, said Richard Corsi, University of California, Davis' incoming dean of the college of engineering, currently a professor and dean at Portland State University.
Persons: AirNow, Yanelli Nunez, Anna Kioumourtzoglou, Nunez, Richard Corsi, Davis, Corsi Organizations: CNBC, U.S . Environmental Protection Agency, ZIP, Apple Watch, Huawei, Columbia University's Mailman, of Public Health, University of California, Portland State University Locations: North America, Europe, Quebec, Ontario, U.S, New York City, Oregon, California, Mexico, Canada, Macedonia, Australia, Swiss, Greater Los Angeles
The sudden departure of Twitter executives tasked with content moderation and brand safety has left the company more vulnerable than ever to hate speech. Following Irwin's departure, the company's head of brand safety and ad quality, A.J. Musk has dramatically downsized the company's workforce and rolled back policies that restricted what kinds of content could circulate. Twitter, under Musk, is the fourth most-hated brand in the U.S. according to the 2023 Axios Harris reputation rankings. Musk, who is also the CEO of Tesla and SpaceX, has recently played down concerns about the prevalence of hate speech on Twitter.
Persons: Ella Irwin, Brown, Maie, It's, Elon Musk, Musk, Harris, it's, Linda Yaccarino Organizations: Twitter, Elon, NBC News, NBC Universal, SpaceX, CNBC Locations: U.S
DETROIT – Ford Motor will partner with Tesla on charging initiatives for its current and future electric vehicles in an unusual tie-up between the two rivals, CEOs of the automakers announced Thursday. Under the agreement current Ford owners will be granted access to more than 12,000 Tesla Superchargers across the U.S. and Canada, starting early next year, via the use of an adapter. And, Ford's next-generation of EVs — expected by mid-decade — will include Tesla's charging plug, allowing owners of Ford vehicles to charge at Tesla Superchargers without an adapter, making Ford among the first automakers to explicitly tie into the network. A Ford spokesman said the company has "this option available to us but have no news to share today." A separate Ford spokesman told CNBC that pricing for charging "will be competitive in the marketplace."
An aerial view of a Starship prototype stacked on a Super Heavy booster at the company's Starbase facility outside of Brownsville, Texas. Elon Musk's SpaceX is set to join the Federal Aviation Administration as a co-defendant to fight a lawsuit brought by environmental groups following the company's first test flight of Starship, the world's largest rocket, which ended in a mid-flight explosion last month. The lawsuit seeks for the FAA to conduct an environmental impact statement (EIS) — a lengthy and thorough procedure that would likely sideline SpaceX's Starship work in Texas for years. The company also wrote in the motion that "the FAA does not adequately represent SpaceX's interests" in the lawsuit, since it's a government agency. The FAA in a statement to CNBC said it "does not comment on ongoing litigation issues."
In an aerial view, a modified company sign is posted on the exterior of the Twitter headquarters in San Francisco, April 10, 2023. Elon Musk and X Corp. — the Musk-backed parent company of social media platform Twitter — face an investigation over building code violations at Twitter's San Francisco headquarters on Market Street, according to online public records with the county's Department of Building Inspection. In the drive to cut costs, the Musk transition team told employees to simply refuse to pay landlords who were owed rent by the company. When informed of the risks of termination fees for certain leases, Davis told Twitter senior employees, "Well, we just won't pay those. A representative for the Department of Building Inspection in San Francisco did not immediately respond to a request for further information.
Twitter is accusing Microsoft of using the social media company's data in ways that were unauthorized and never disclosed. However, for one of the Microsoft services using Twitter data, "account information outright states that it intends to allow its customers to 'go around throttling limits,'" Spiro wrote. A Microsoft spokesperson acknowledged receipt of the letter and told CNBC the company will review it and "respond appropriately." "Today we heard from a law firm representing Twitter with some questions about our previous use of the free Twitter API," the spokesperson said in an email. Read the full letter from Twitter to Microsoft, here.
The LatestElizabeth Holmes, the disgraced founder of the failed blood testing start-up Theranos, who was convicted last year on charges that she defrauded investors of more than $100 million, has lost her latest bid to stay out of prison while she appeals her conviction. Ms. Holmes, whose case cast a harsh light on Silicon Valley’s culture of hubris, must report to prison on May 30, a judge ruled after the U.S. Court of Appeals for the Ninth Circuit rejected her attempt on Tuesday to remain free on bail. Ms. Holmes and her top lieutenant at Theranos, Ramesh Balwani, who was found guilty of fraud in a separate trial and who began serving his prison sentence last month, were also ordered to pay $452 million in restitution to victims of the company’s fraud. Of that total, the judge, Edward J. Davila of the U.S. District Court for the Northern District of California, who oversaw both trials, determined that Ms. Holmes and Mr. Balwani should pay $125 million to the media mogul Rupert Murdoch, who invested in Theranos. Walgreens and Safeway, which had entered into business deals with the company, were also identified as victims for the purposes of restitution.
In this articleTesla CEO Elon Musk sat down for a sprawling interview with CNBC anchor David Faber on Tuesday following Tesla's 2023 annual shareholder meeting in Austin, Texas. During the course of their approximately hour long conversation, Musk reflected on:
In an aerial view, Tesla Corporate Headquarters are seen on January 03, 2023 in Travis County, Texas. Tesla CEO Elon Musk addressed shareholders at the company's annual meeting on Tuesday, predicting the economy would pick up after 12 months and promising the company would deliver production Cybertrucks later this year. Addressing the long delays to the angular electric pickup, Musk lamented some of the manufacturing challenges and said, "Sorry for the delay. During the Q&A session, an attendee dressed like a robot with a cowboy hat, asked Musk if Tesla would build an RV or a camper. Musk said on Tuesday, "We'll try out a little advertising and see how it goes."
Denver startup Cosmic Aerospace is developing a fully electric plane to reduce air pollution from regional flights. The aim is to build an electric plane that operates without any emissions but that can still fly for just over 600 miles. Alex Teng, a partner at 50 Years, told CNBC his firm invested in Cosmic partly owing to the cofounders' experience in aviation. The fund also liked that Cosmic is tackling a problem that other developers of electric planes and air taxis have not solved yet -- getting beyond the short hop flight. "Electric aviation has always suffered from a range problem," Teng said, "but my average flight is over 500 miles personally.
Musk has litigated with the SEC for years over the consent decree, which was revised in 2019 after the SEC charged Musk with making "false and misleading" statements in his Aug. 2018 "funding secured" tweets. The agreement required "pre-approval" for tweets by Musk that contained information material to Tesla, and which extended to "certain senior executives," according to the judgment. A February letter from Musk attorney Alex Spiro said the terms of the consent decree, which was revised in 2019, amounted to "unconstitutional" infringement of his free speech rights. Far from being "bad-faith," the court wrote that "each tweet plausibly violated the terms of the consent decree." Musk was found "not liable" in a February securities fraud trial over his "funding secured" tweets.
Electric car maker Tesla CEO Elon Musk meets with French Minister for the Economy and Finances Bruno Le Maire on the sidelines of the 6th edition of the "Choose France" Summit at the Chateau de Versailles, outside Paris on May 15, 2023. The U.S. Virgin Islands issued a subpoena to Tesla CEO Elon Musk seeking documents as part of that government's lawsuit against JPMorgan Chase over sex trafficking by the bank's longtime customer Jeffrey Epstein, a court filing revealed Monday. That filing said the Virgin Islands has tried since late April to serve Musk with the subpoena, which was issued because Epstein "may have referred or attempted to refer" Musk as a client to JPMorgan. The Virgin Islands asked Judge Jed Rakoff to authorize the government to serve Musk with the subpoena through so-called alternative service, which can includes taking out an advertisement alerting him to legal the demand for documents. CNBC has reached out to request comment from Musk, who in addition to being CEO of Tesla is head of SpaceX and Twitter CEO by e-mail.
SpaceX, Twitter and electric car maker Tesla CEO Elon Musk meets with France's President Emmanuel Macron (L) at the Elysee presidential palace in Paris on May 15, 2023. Tesla CEO Elon Musk sent an email to "everybody" at his electric vehicle maker on Monday, expressing concern over the company's current hiring practices. "I would like to gain a better understanding of our hiring," Musk wrote in the email. "Think carefully before sending me a request," Musk wrote in Monday's email. Here's Monday's email from Musk:To: Everybody From: Elon Musk Subj.
Tucker Carlson is back – on Twitter. Carlson was abruptly fired from his prime time post at Fox News weeks ago, shortly after the network paid a settlement to Dominion Voting Systems in its defamation lawsuit. In a three minute video posted to Twitter, Carlson berated the mainstream media allegedly lying to the public. Carlson added that Twitter "is not a partisan site." That Monday Fox said in a statement "FOX News Media and Tucker Carlson have agreed to part ways.
Zipline: 2023 CNBC Disruptor 50
  + stars: | 2023-05-09 | by ( Cnbc.Com Staff | ) www.cnbc.com   time to read: +3 min
But with the release of its latest drone, Zipline is spreading its unmanned wings far beyond medicine. Zipline also has relationships with medical providers in the country, and in recent years has conducted long-range medical drone flights in challenging geographies including the Appalachian regions of North Carolina. In 2022, Zipline became the first company to receive FAA Part 135 approval for long-range drone delivery in the U.S., a huge step towards greater domestic expansion. From lunch deliveries with Sweetgreen to health prescriptions from Walmart, Zipline can maneuver peak order times by creating its Zips in a way that automatically redistributes the drones from dock to dock for loading and launching. Zipline has already completed 540,000 deliveries to customers, which is more than what Alphabet and Amazon have delivered combined.
A group of mostly Democratic senators pressured Tesla CEO Elon Musk to end the company's use of forced arbitration clauses in employee and customer contracts, in a letter on Monday. Forced arbitration clauses in consumer contracts have similarly obscured important details about Tesla's vehicle safety and business practices from the public, the lawmakers wrote. They asked for the same details about sexual harassment complaints from Tesla workers. However, Tesla makes and sells its cars direct to consumers so its forced arbitration clauses cover more than the norm where auto sales are concerned. Tesla uses arbitration clauses as a tactic to shunt people into a forum that's pretty rigged for the corporation."
Tesla CEO Elon Musk joined Texas Governor Greg Abbott to break ground at the site of the electric vehicle maker's new lithium refinery in Corpus Christi on Monday. Musk said that Tesla is aiming to produce enough battery-grade lithium at the refinery to manufacture one million vehicles per year, and to produce more lithium than the rest of North America's refining capacity combined there. Mining company Albemarle announced plans to invest $1.3 billion in a new lithium processing facility in South Carolina in March. The company promised in its filings that "the process Tesla will use is innovative and designed to consume less hazardous reagents and create usable byproducts compared to the conventional process." On Monday, Musk claimed, "There's no toxic emissions or anything -- you could live right in the middle of the refinery and not suffer any ill effects."
The Bearer of Bad News
  + stars: | 2023-05-05 | by ( Lora Kelley | ) www.nytimes.com   time to read: 1 min
A short list of moments in the day when Roger Lee is thinking about layoffs: while waiting for someone to show up to a Zoom call. Though Mr. Lee, 36, reads bad news constantly, he remains a stalwart optimist about tech. He recognizes the pain that layoffs cause, but he also believes the industry will “100 percent” bounce back. And Mr. Lee believes that talking openly about layoffs in the industry he loves is healthy. If people are speaking openly about layoffs, he reasons, workers can find new jobs efficiently.
The SpaceX Starship explodes after launch for a flight test from Starbase in Boca Chica, Texas, on April 20, 2023. The groups argue that the FAA should have conducted an in-depth environmental report, known as an environmental impact statement (EIS), before ever allowing SpaceX to move ahead with its Starship Super Heavy plans in Boca Chica. Later, "based on SpaceX's preference," the lawyers wrote, the federal agency settled on using "a considerably less thorough analysis," which enabled SpaceX to launch sooner. The exact impacts of the launch on the people, habitat and wildlife are still being evaluated by federal and state agencies, and other environmental researchers, alongside and independently from SpaceX. Boca Chica land and wildlife there, namely ocelots, are also sacred to the Carrizo-Comecrudo tribe of Texas.
First Republic Is Sold: What to Know
  + stars: | 2023-05-01 | by ( Lora Kelley | ) www.nytimes.com   time to read: +1 min
The federal government seized First Republic Bank and sold it JPMorgan Chase on Monday, ending the lender’s six-week-long free fall and reassuring depositors that their money is safe. Widely viewed as the most at-risk bank since Silicon Valley Bank and Signature Bank failed in March, First Republic lost $102 billion in deposits last quarter (more than half the $176 billion it held at the end of last year). Over that period, the bank also borrowed some $92 billion, mostly from government-backed lending groups and the Federal Reserve. First Republic Bank’s failure had much the same roots as the collapses of Silicon Valley Bank and Signature Bank — spooked depositors and investors pulling their money and selling their shares in droves. JPMorgan will “assume all of the deposits and substantially all of the assets of First Republic Bank,” the Federal Deposit Insurance Corporation said it an statement, adding that its insurance fund would have to pay out an estimated $13 billion to cover First Republic’s losses.
Brenetta Smith used to buy brand-name foods like Oreos and Doritos without thinking twice. But when she noticed that food prices at her local supermarket, Aldi, were soaring, she realized she had to do something different: “I have to change the way I shop,” she said. So Ms. Smith, 40, a stay-at-home parent in Memphis, started stocking up on dry goods like rice and flour, freezing meat that she bought on sale and avoiding packaged foods, which meant no more Oreos and Doritos. “Even when the world returns to normal, you can still maximize your paycheck and your income,” Ms. Smith said. She started posting budget tips on TikTok in December, and she quickly amassed a following.
Debris litters the ground on April 22, 2023, after the SpaceX Starship liftedoff on April 20 for a flight test from Starbase in Boca Chica, Texas. Fish and Wildlife Service disclosed new details on Wednesday about the aftermath of last week's SpaceX Starship Super Heavy launch and mid-air explosion, including that a "3.5-acre fire started south of the pad site on Boca Chica State Park land," following the test flight. In the agency's e-mailed statement, a spokesperson for the Fish and Wildlife Service said that following the launch and mid-air explosion, "Cameron County closed Boca Chica Beach and State Highway 4 for 48 hours due to launch pad safety concerns." The road closures prevented FWS staff from "accessing refuge-owned and managed land" until mid-morning on April 22, the agency confirmed. Elon Musk's defense contractor designed its Starship Super Heavy with the ambition of taking people and supplies on a Mars mission one day.
Are Blue Checks Uncool Now?
  + stars: | 2023-04-25 | by ( Callie Holtermann | Lora Kelley | ) www.nytimes.com   time to read: +1 min
Twitter’s blue check mark was once a coveted status symbol. The shift came as Elon Musk, the company’s chief executive, continued to roll out Twitter Blue, a subscription service that offers special features like tweet-editing in addition to the blue badge — for $8 a month. Now that anyone can purchase a blue check, many users find the symbol newly uncool. Users who value the symbol enough to pay for it are being shouted over by a chorus of prominent users who say verification is no longer worth it. Can the blue check remain desirable now that it has lost its air of exclusivity?
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