DIRS.INFO The most relevant business & tech news

☆ Alec Baldwin Is Charged, Again, With Involuntary Manslaughter
▼ + stars: | 2024-01-19 | by ( Julia Jacobs | ) www.nytimes.com time to read: +1 min

A grand jury in New Mexico indicted Alec Baldwin on Friday on a charge of involuntary manslaughter, reviving the criminal case against him in the fatal shooting of a cinematographer on the set of the film “Rust” more than two years ago when a gun he was rehearsing with went off. The indictment, which came exactly one year after the first involuntary manslaughter case against him was announced, was the latest reversal of fortune for Mr. Baldwin. The local district attorney’s initial case fell apart and the initial charge against Mr. Baldwin was dismissed in April. But a new prosecution team, Kari T. Morrissey and Jason J. Lewis, decided to present the case to a grand jury, which indicted Mr. Baldwin on Friday. In New Mexico, an involuntary manslaughter conviction on a charge like the one Mr. Baldwin faces can carry up to 18 months in prison.

Persons: Alec Baldwin, Baldwin, Kari T, Morrissey, Jason J, Lewis, Mr, ” Mr, Luke Nikas, Alex Spiro Locations: New Mexico

☆ Alec Baldwin faces renewed manslaughter charges over 2021 'Rust' movie set shooting
▼ + stars: | 2024-01-19 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +1 min

An image of cinematographer Halyna Hutchins, who died after being shot by Alec Baldwin on the set of his movie "Rust", is displayed at a vigil in her honour in Albuquerque, New Mexico, October 23, 2021. A New Mexico grand jury on Friday indicted actor Alec Baldwin on involuntary manslaughter charges in connection with the fatal 2021 shooting on the set of "Rust." Baldwin is facing two separate types of involuntary manslaughter charges, court records show. He is facing one count of involuntary manslaughter, negligent use of a firearm, and involuntary manslaughter, without due caution or circumspection. Charges were dropped against the actor in April after "new facts" emerged that demanded further investigation, prosecutors said previously.

Persons: Halyna Hutchins, Alec Baldwin, Baldwin, Joel Souza, Luke Nikas, Alex Spiro, Quinn Emmanuel Locations: Albuquerque , New Mexico, Mexico

☆ How Alec Baldwin is facing an involuntary manslaughter charge — again
▼ + stars: | 2024-01-19 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +3 min

Alec Baldwin is again facing a criminal charge over the 2021 "Rust" movie set shooting. The actor was indicted on Friday by a New Mexico grand jury on an involuntary manslaughter charge. Prosecutors last year dropped involuntary manslaughter charges against Baldwin. A New Mexico grand jury on Friday indicted Baldwin on an involuntary manslaughter charge after prosecutors earlier last year dropped involuntary manslaughter charges against the actor. The jury indicted Baldwin on a charge of "Involuntary Manslaughter (Neglect Use of a Firearm)" but offered an alternative charge of "Involuntary Manslaughter (Without Due Caution or Circumspection)" that could be used instead.

Persons: Alec Baldwin, Baldwin, —, Halyna Hutchins, Luke Nikas, Alex Spiro, Kari T, Morrissey, Jason J, Lewis, Mr, Baldwin —, Hutchins, Joel Souza, Baldwin didn't Organizations: New, Service, Judicial, Business, FBI Locations: New Mexico, Mexico, Santa Fe

☆ A couple spent 2 months building a floating tiny home on a lake. They say they'll never go back to living on land.
▼ + stars: | 2024-01-15 | by ( Amanda Goh | ) www.businessinsider.com time to read: +10 min

Sarah Spiro and Brandon Jones live in a floating tiny house on a North Carolina lake. Brandon Jones and Sarah Spiro built a floating home on a lake. Building a new floating homeThere are strict rules about building floating houses on Fontana Lake, which is managed by the Tennessee Valley Authority, or TVA. An overview of the bedroom and the living room of the floating house. But now that she's living in a floating house, the sailboat idea no longer seems so far-fetched.

Persons: Sarah Spiro, Brandon Jones, Spiro, —, keepingafloatwiththejoneses, keepingafloatwiththejoneses Spiro, Jones, Fontana, that's, It's, You'll Organizations: Service, Tennessee Valley Authority, TVA, Asheville Citizen, Times, Netflix Locations: North Carolina, Fontana Lake, Fontana, Smoky, Robinsville

I don’t know. ross douthatIt’s true that he didn’t want the vice president to have a sort of separate political agenda. I don’t think that it was a fait accompli —ross douthatThat’s true. He would legitimately sabotage, kneecap his own vice president, just to prove no one else could do it. carlos lozadaLet’s just say, I will be your vice president, Michelle, anytime.

Persons: michelle cottle, I’m Michelle Cottle, ross douthat I’m Ross Douthat, carlos lozada I’m Carlos Lozada, lydia polgreen, Lydia Polgreen, ross douthat, carlos lozada, That’s, Ross, Michelle, what’s, — carlos lozada Oh, ”, Donald John Trump, it’s, Lozada, LYDIA, — carlos lozada Selena, michelle cottle We’re, they’re, Selena Meyer, michelle cottle Ross, Carlos, ross, Joe Biden, Biden, Obama, — carlos lozada Super, haven’t, Dick Cheney, carlos lozada Pence, Pence, Cheney, Kamala Harris, — carlos lozada, carlos lozada Weirdly, won’t, Richard Nixon, Al Gore, — ross douthat, lydia polgreen —, Kamala Harris —, Mike Pence, ross douthat They’re, Harris, George H.W Bush, Ronald Reagan, Nelson Rockefeller, Gerald Ford, Clinton, Joe Lieberman, Lieberman, — carlos lozada Joementum, michelle cottle Joementum, Gore, Trump, Newt Gingrich, It’s, michelle cottle Let’s, carlos lozada Well, Elaine Kamarck, J.F.K, Southern L.B.J, Carter, Mondale, Bush, Jules Witcover, lydia polgreen Scintillating, Quayle, Jesus, carlos lozada Right, Dan Quayle, George H.W, lydia polgreen Hah, V.P.s, Truman, — ross, ross douthat Really, — Yup, carlos lozada Biden, lydia polgreen Richard Nixon, Spiro Agnew, George H.W . Bush, Dan, John McCain, Sarah Palin, — michelle cottle, gosh, Palin, lydia polgreen “, Tina Fey, carlos lozada The Palin, We’ve, John the Baptist, Donald Trump’s, lydia polgreen Wow, michelle cottle Oh, ross douthat Sarah, Jimmy Carter, White, carlos lozada Jimmy Carter, michelle cottle Fine, polgreen, michelle cottle Alrighty, hasn’t, CARLOS SIGHS, lydia polgreen Boy, michelle cottle Carlos, Donald Trump, who’s, Marjorie Taylor Greene, Kari Lake, carlos lozada I, michelle cottle He’s, he’s, —, lydia polgreen That’s, lydia polgreen MAGA King, Lydia, — michelle cottle That’s, let’s, there’s, Nikki Haley, MICHELLE, Haley, There’s, carlos lozada Doesn’t, George W, Bush’s, michelle cottle Dick Cheney, ross douthat I’m, — michelle cottle You’re, Vivek, Nikki Haley’s, I’m, Ron DeSantis, Kristi Noem — lydia polgreen, Michelle — michelle cottle —, Kristi Noem, Rushmore, CARLOS, it’ll, Sarah Huckabee Sanders, MAGA, Vance, michelle cottle There’s, Elise Stefanik, doesn’t, ross douthat Trump, we’ll, — lydia polgreen, ross douthat —, carlos lozada —, Mueller, Nikki doesn’t, ROSS, don’t, can’t, Nikki, Nikki —, Peter Baker, Susan Glasser — michelle cottle, carlos lozada It’s, michelle cottle Hey, carlos lozada There’s, Walter Mondale, michelle cottle Can’t, carlos lozada Oh, carlos lozada Whoa, michelle cottle Woohoohoo, carlos lozada Potato, lydia polgreen Oh, MICHELLE GASPS, lydia polgreen Oooh, I’ve, michelle cottle That’s, michelle cottle I’d, michelle cottle Don’t, carlos lozada Let’s, Phoebe Lett, Sophia Alvarez Boyd, Derek Arthur, Alison Bruzek, Kate Sinclair, Mary Marge Locker, Michelle Harris, Efim Shapiro, Carole Sabouraud, Pat McCusker, Shannon Busta, Kristina Samulewski, Rose Strasser, carlos lozada — “, ” Jimmy Carter’s, lydia polgreen Woo, Frank Church, Scoop Jackson, John Glenn, Ed Muskie, Adlai Stevenson, Pete Rodino, Muskie, ross douthat We’re, — carlos lozada It’s, — carlos lozada Yes, Lord Jesus Organizations: New York, Iowa Republicans, ross douthat Real, HBO, Hollywood, Bush, Republican, Trump, Biden, Republicans, Southern, Conservative, Democratic, “, carlos lozada Central, Heritage Foundation, Supreme, State, New Hampshire, Michigan, University of Notre Dame, Irish, Associated Press, Notre Dame, hashtag Locations: Iowa, Minnesota, California, ‘, Massachusetts, Clinton, Gore, Cheney, America, George H.W ., Russia, —, New Spain, South Dakota, New, American, Michigan, Washington, Plains

☆ Henry Kissinger, the towering American diplomat, dies at age 100
▼ + stars: | 2023-11-29 | by ( Marty Steinberg | ) www.cnbc.com time to read: +25 min

President Gerald Ford (left) and Secretary of State Henry Kissinger talk together in the Oval Office, February 19, 1975. In his 2001 book "The Trial of Henry Kissinger," social critic Christopher Hitchens called him a war criminal. North Vietnam's Le Duc Tho (left) and US National Security Advisor Henry Kissinger at the Paris peace talks, January 1973. Chairman Zedong of the People's Republic of China meets U. S. Secretary of State Henry Kissinger on Nov. 12, 1973. On a helicopter during the period of shuttle diplomacy in the Middle East, Henry Kissinger talks to his wife, Nancy.

Persons: Henry Kissinger, —, Richard Nixon's, Kissinger, Richard Nixon, Richard Corkery, Duc Tho, Gerald Ford, Benjamin E, Ford, Warren Burger, Kissinger's, Paula, Gene, Forte, Seymour M, Hersh bashed Kissinger, Walter Isaacson's, Christopher Hitchens, Greg Grandin, Niall Ferguson, Kant, Clausewitz, Bismarck, Barry Gewen, Gewen, Elizabeth Holmes, Nixon, George Shultz, Holmes, Heinz Alfred Kissinger, Louis, Walter, Hitler, Kissingers, Fritz Kraemer, William Yandell Elliott, Spengler, Toynbee, Metternich, Castlereagh, Alfred Eisenstaedt, Mike Wallace, Wallace, Kennedy, Johnson, Republican Nelson Rockefeller, George Romney, Hubert Humphrey, Democratic Sen, George McGovern, McGovern, Nguyen Van Thieu, Reg Lancaster, Tho, Thieu, Mao, Gen, Agha Muhammad Yahya Khan, Nicolae Ceausescu, Zhou Enlai, Leonid Brezhnev, Andrei Gromyko, Dirck, Sen, Henry Jackson, Charles Vanik, Brezhnev, Spiro Agnew, Archibald Cox, Cox, Robert Bork, White, Alexander Haig, Anwar Sadat, David Hume Kennerly, Marxist Salvador Allende Gossens, Fidel Castro's, Martin Bernetti, Allende, Augusto Pinochet Ugarte, Pinochet, Ann Fleischer, Elizabeth, David, Nancy Maginnes, Rockefeller, Jill St, John, Candice Bergen, Shirley MacLaine, Liv Ullman, Diane Sawyer, , Napoleon, Nancy, David Rubinger, Maginnes, Moshe Dayan, Robert Dallek, Nixon's, Bob Woodward, Carl Bernstein, Paula Kissinger, Brooks Kraft Organizations: Gould, Kissinger Associates, National Security, Waldorf, Astoria, Richard Corkery | New York Daily, Forte, Soviets, State, Chief, New York, Theranos Inc, Economic, Nuremberg, George Washington High School, City College of New, Army, 84th Infantry Division, U.S ., Hesse . Harvard, Harvard, Confluence, Foreign, Eisenhower, Republican, Republican National Convention, Rockefeller and Michigan Gov, Democratic, District of Columbia, US National Security, Getty, Paris Peace, North, Nationalist, China, Bettmann, East Pakistan, of, U.S, Soviet Union ., Ballistic, Soviet, Washington, Egyptian Third Army, Department, West, Marxist, Museum, AFP, CIA, Israeli, Southern California Quaker, White, Partners, Power Locations: New York City, U.S, Connecticut, Richard Corkery | New, United States, Vietnam, Saigon, Viet, Soviet Union, Communist China, Israel, Egypt, Syria, Chile, Pakistan, Theranos, Ukraine, Russia, Davos, Switzerland, Fuerth, Germany, Bavarian, American, Nazi Germany, London, New York, City College of New York, Ahlem, Hanover, German, Krefeld, Hesse, Cambodia, Massachusetts, Haiphong, Paris, North, China, Washington, Taiwan, People's Republic of China, Beijing, Moscow, India, East, Bangladesh, Shanghai, USSR, Soviet, Kremlin, Dirck Halstead, Ohio, Saudi, Japan, Sinai, Alexandria, Cairo, Suez, Americas, Santiago, Cuba, Chilean, America, Europe, Virginia, Southern California

☆ Previously unreleased videos show Alec Baldwin firing prop gun with blanks and directing 'Rust' crew on safety
▼ + stars: | 2023-11-16 | by ( Chloe Melas | ) www.cnbc.com time to read: +6 min

The footage was recorded days before Baldwin's prop gun fired a live round of ammunition on set, killing cinematographer Halyna Hutchins. It isn't clear how much of the footage prosecutors reviewed or whether they reviewed any of the five videos. It is so far the most substantive film footage of Baldwin acting scenes and firing prop guns on the set of "Rust." The third video shows Baldwin in character repeatedly firing a prop gun before he runs out of dummy rounds. In the fourth and fifth videos, Baldwin stops filming to check on the safety of the crew.

Persons: Alec Baldwin, Halyna Hutchins, Baldwin, hasn't, Kari Morrissey —, Jason Lewis —, Morrissey, Luke Nikas, Alex Spiro didn't, Nikas, Spiro, Prosecutors haven't, Dave Halls, Halls, George Stephanopoulos, Hannah Gutierrez, Reed Organizations: NBC News, Rust Movie, NBC, Prosecutors, Sheriff's, ABC News, CNN Locations: New Mexico, Santa Fe, Albuquerque, Mexico

☆ Alec Baldwin: New videos show Alec Baldwin on ‘Rust’ set with prop gun days before fatal gunfire
▼ + stars: | 2023-11-16 | by ( Melissa Alonso | ) edition.cnn.com time to read: +2 min

CNN —A series of videos exclusively obtained by NBC News show actor Alec Baldwin handling at least one prop gun during filming of the movie “Rust,” days before a deadly on-set shooting. The new videos are among dozens requested from Rust Movie Productions LLC by special prosecutors in the spring, NBC reported. CNN has reached out to attorneys for Baldwin and prosecutors for comment but has not heard back. His attorneys told CNN in October they will address the case in court. “It is unfortunate that a terrible tragedy has been turned into this misguided prosecution,” Baldwin’s attorneys, Luke Nikas and Alex Spiro, told CNN in a statement.

Persons: Alec Baldwin, Baldwin, Halyna Hutchins, Joel Souza, ”, Luke Nikas, Alex Spiro Organizations: CNN, NBC News, Rust Movie, NBC Locations: Mexico, New Mexico, Santa Fe

Tesla, X (formerly known as Twitter) and SpaceX's CEO Elon Musk attends the AI Safety Summit at Bletchley Park in Bletchley, Britain on November 1, 2023. Musk filed the objections in San Francisco federal court, where the SEC sued him on Oct. 5 to make him testify for the probe, which it launched in April 2022. Musk has given the SEC documents relating to the probe and provided testimony in July last year via video conference, the SEC said in a court filing. The SEC has spent 18 months "devoting its formidable resources to investigating Mr. Musk over an allegedly untimely filing," the court filings said. The SEC sued Musk in 2018 over his posts on social media saying he had "funding secured" to take electric vehicle maker Tesla Inc (TSLA.O) private.

Persons: Tesla, Elon Musk, Leon Neal, Musk, Alex Spiro, Spiro, Twitter, Jody Godoy, Chris Prentice, Dan Whitcomb, Chizu Nomiyama Organizations: SpaceX's, Bletchley, REUTERS Acquire, U.S . Securities, Exchange, SEC, Twitter, U.S, Tesla Inc, Supreme, Thomson Locations: Bletchley, Britain, San Francisco federal, U.S, New York

☆ Charlie Javice's fraud trial prosecutors must press JP Morgan for more evidence, judge rules
▼ + stars: | 2023-11-02 | by ( Nate Schweber | ) www.businessinsider.com time to read: +4 min

The judge sided in part with the defense, ordering the government to force JP Morgan to release more evidence. AdvertisementAdvertisementA federal judge on Thursday ruled that prosecutors must compel JP Morgan to find more evidence that could help Charlie Javice, the founder of the financial aid startup Frank, in her defense in her criminal fraud trial. On Thursday, inside U.S. Federal Court in Manhattan, lawyers for Javice and a co-defendant argued for more documents from JP Morgan Chase. AdvertisementAdvertisementMeanwhile, a Delaware judge ruled that JP Morgan Chase is violating a commitment that it made upon acquiring Frank to pay a significant portion of Javice's legal bills. Her lawyers say that JP Morgan Chase owes them $835,000 of the around $3.8 million they have so far charged.

Persons: Charlie Javice, Frank founder's, JP Morgan, —, JP Morgan Chase, Frank, Javice, Alex Spiro, Spiro, Dina McLeod, Alvin K, Hellerstein, Morgan Chase, Judge Hellerstein, Olivier Amar, Sean Buckley Organizations: Service, U.S, Federal, Javice Locations: Manhattan, Delaware

Actor Alec Baldwin departs his home, as he will be charged with involuntary manslaughter for the fatal shooting of cinematographer Halyna Hutchins on the set of the movie "Rust", in New York, U.S., January 31, 2023. REUTERS/David 'Dee' Delgado/File Photo Acquire Licensing RightsOct 17 (Reuters) - New Mexico prosecutors on Tuesday said they intended to recharge actor Alec Baldwin with involuntary manslaughter for the fatal shooting of "Rust" cinematographer Halyna Hutchins in 2021. Baldwin has said he is not responsible for Hutchins' death and he did not pull the trigger. We will answer any charges in court," Luke Nikas and Alex Spiro, lawyers for Baldwin, said in a statement. Morrissey said if new testing of the gun showed it was working, she would recharge Baldwin.

Persons: Alec Baldwin, Halyna Hutchins, David, Dee, Delgado, Rust, Kari Morrissey, Baldwin, Hutchins, Joel Souza, ” Morrissey, Jason Lewis, Luke Nikas, Alex Spiro, Hannah Gutierrez, Morrissey, Kanishka Singh, Andrew Hay, Donna Bryson, Lisa Shumaker, Jonathan Oatis Organizations: REUTERS, FBI, Prosecutors, Thomson Locations: New York, U.S, New Mexico, Washington, Taos , New

☆ Alec Baldwin may be charged again in fatal Rust movie set shooting
▼ + stars: | 2023-10-17 | by ( Cheri Mossburg | ) edition.cnn.com time to read: +2 min

CNN —A New Mexico grand jury will soon decide whether Alec Baldwin should once again face criminal charges over the 2021 death of “Rust” cinematographer Halyna Hutchins. “We will answer any charges in court.”Hutchins was killed and director Joel Souza injured when a gun held by Baldwin fired a live round during a scene rehearsal. Fred Hayes/Getty ImagesBaldwin denied pulling the trigger on the weapon in a previous interview with CNN. The film’s assistant director, David Halls, was identified as the person who handed the firearm to Baldwin that fateful day. Earlier this year, he signed a plea agreement “for the charge of negligent use of a deadly weapon,” prosecutors said, noting that terms of the deal include six months of probation.

Persons: Alec Baldwin, “ Rust, Halyna Hutchins, “, Baldwin, Joel Souza, ”, Kari Morrissey, Jason Lewis, Luke Nikas, Alex Spiro, ” Hutchins, Fred Hayes, Armorer Hannah Gutierrez Reed, David Halls Organizations: CNN, ”, NBC, Prosecutors, Getty Locations: Mexico

SANTA FE, N.M. (AP) — Special prosecutors are seeking to recharge actor Alec Baldwin in the fatal shooting of a cinematographer on the set of a Western movie in 2021, describing Tuesday their preparations to present new information to a grand jury. Political Cartoons View All 1211 ImagesAttorneys for Baldwin said the latest move by prosecutors is misguided. Special prosecutors initially dismissed an involuntary manslaughter charge against Baldwin in April, saying they were informed the gun might have been modified before the shooting and malfunctioned. The weapons supervisor on the movie set, Hannah Gutierrez-Reed, has pleaded not guilty to involuntary manslaughter and evidence tampering in the case. In the revived case against Baldwin, a grand jury would “determine whether probable cause exists to bind Baldwin over on criminal charges,” special prosecutors said.

Persons: Alec Baldwin, Kari Morrissey, Jason Lewis, they’ll, Halyna Hutchins, Baldwin, Joel Souza, “, ” Morrissey, Lewis, ” Baldwin, ”, Luke Nikas, Alex Spiro, Baldwin —, Lucien Haag, Hannah Gutierrez, Reed, “ Rust, David Halls, Hutchins, “ Rust ”, Matthew Hutchins, Andrew Dalton, Susan Montoya Bryan Organizations: SANTA FE, —, FBI, Forensic Science Services, Authorities, Associated Press Locations: SANTA, New Mexico, Santa Fe, Mexico, Arizona, Italian, Montana, Los Angeles, Albuquerque , New Mexico

☆ China has banned brokers from opening overseas trading accounts for local investors
▼ + stars: | 2023-10-12 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

China has banned brokers from opening overseas trading accounts, the Financial Times reported. Chinese regulators ordered brokerages to shut down "new account opening channels for domestic investors." AdvertisementAdvertisementChinese regulators have banned brokerage firms from opening overseas trading accounts for local investors, according to a report from The Financial Times. The regulator asked brokers to stop offering services to local and overseas investors, and that "opening overseas fund accounts for domestic investors is prohibited." Overseas investors have sold Chinese equities at a record pace in 2023.

Persons: —, Lehman, Nicholas Spiro Organizations: Financial Times, Service, China's Securities Regulatory Commission, Overseas, Lauressa Locations: China, Beijing

Elon Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. The agency on Thursday asked a federal court to force Musk to testify for its investigation into his $44 billion takeover of social media giant Twitter, the third time the SEC has taken Musk to court. "This case is different from past forays between the SEC and Elon Musk because it's a subpoena enforcement case. Musk also refused SEC proposals to testify in Texas, where he lives, in October or November, the SEC said. In 2022, a judge ordered Terraform Labs' founder to comply with an SEC subpoena for documents.

Persons: Elon Musk, Patrick Pleul, Musk, Musk's, Stephen Crimmins, Davis Wright Tremaine, Alex Spiro, Howard Fischer, Moses, Moses & Singer, Jay, Spiro, Tesla, Robert Frenchman, Mukasey Frenchman, Chris Prentice, Michelle Price, Lisa Shumaker Organizations: WASHINGTON, U.S . Securities, Exchange Commission, SEC, Twitter, Elon, Moses &, Terraform Labs, Reuters, Thomson Locations: Gruenheide, Germany, videoconference, San Francisco, Texas

The filing Thursday in San Francisco federal court seeks a judge’s order requiring Musk to testify, alleging “blatant refusal to comply” with an earlier SEC subpoena. Musk testified twice as part of the SEC’s investigation in July 2022, according to the agency. The SEC served Musk with a subpoena to testify again in the matter in May 2023, according to the court filing. The current subpoena at issue seeks evidence and testimony from Musk that the SEC does not yet possess, the agency said. The SEC attempted to negotiate with Musk to find alternative dates later this fall, according to court documents.

Persons: Elon Musk, Musk, —, “, Alex Spiro, ”, Spiro, Walter Isaacson’s Organizations: New, New York CNN, US Securities and Exchange Commission, Twitter, SEC, Inc Locations: New York, San Francisco federal

But then two days beforehand Musk raised "several spurious objections" and told the SEC he would not appear, the SEC said. According to the filing, Musk has given the SEC documents relating to the probe and has previously provided testimony in July last year via video conference. "The SEC has already taken Mr. Musk's testimony multiple times in this misguided investigation - enough is enough," said a statement from Alex Spiro, an attorney for Musk. Musk acquired Twitter after initially building a large minority stake in the social media platform, which he first disclosed in April 2022. Faced with a trial that sought to compel him to complete the deal, Musk closed his acquisition of Twitter in late October 2022.

Persons: Elon Musk, Porte, Gonzalo Fuentes, Musk, ”, Alex Spiro, Twitter, ” Musk, Howard Fischer, Moses, Moses & Singer, Tesla, Shivansh, Tom Hals, Chris Prentice, Michelle Price, Sheila Dang, Megan Davies, Shinjini Ganguli, Lisa Shumaker Organizations: SpaceX, Tesla, Viva Technology, Porte de, REUTERS, U.S . Securities, Exchange Commission, SEC, Twitter, San, Musk, Moses &, Reuters, Justice Department, Thomson Locations: Paris, France, San Francisco, Texas, New York, Bengaluru, Wilmington , Delaware, Washington, Austin

☆ SEC sues to force Elon Musk to testify in Twitter probe
▼ + stars: | 2023-10-05 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +3 min

The U.S. Securities and Exchange Commission sued Elon Musk on Thursday in an effort to compel the billionaire to testify over his purchase of Twitter last year. "Accordingly, the SEC now asks the Court to compel Musk to appear for investigative testimony." Alex Spiro, Elon Musk's attorney, said in a statement about that "the SEC has already taken Mr. Musk's testimony multiple times in this misguided investigation—enough is enough." A hearing on the filing is scheduled to take place on Nov. 9, according to the legal filing. Read the full legal filing below:

Persons: Elon Musk, Musk, Alex Spiro, Elon, San, Walter Isaacson Organizations: U.S . Securities, Exchange Commission, Twitter, SEC, Northern District of Locations: Northern District, Northern District of California, Fort Worth , Texas, Austin, San Francisco

☆ The SEC is investigating Elon Musk's purchase of Twitter and attempting to force him to sit for questioning
▼ + stars: | 2023-10-05 | by ( Kali Hays | ) www.businessinsider.com time to read: +4 min

The SEC is investigating Elon Musk's initial investment in Twitter and his eventual takeover. "The SEC seeks Musk's testimony to obtain information not already in the SEC's possession that is relevant to its lawful investigation," the agency said. "The SEC has followed all appropriate administrative steps required in seeking Musk's testimony. Musk's lawyer, Alex Spiro, told Insider: "The SEC has already taken Mr. Musk's testimony multiple times in this misguided investigation — enough is enough." AdvertisementAdvertisement'Spurious objections'"Instead, two days before his scheduled testimony, Musk abruptly notified the SEC staff that he would not appear," the SEC said.

Persons: Elon, Musk, Alex Spiro, —, it's, Musk's, San, Elon Musk, Walter Isaacson Organizations: SEC, Twitter, eventual, Service, Securities and Exchange Commission Locations: California, San Francisco

The Securities and Exchange Commission said Thursday it is seeking a court order that would compel Elon Musk to testify as part of an investigation into his purchase of Twitter, now called X. But “two days before his scheduled testimony, Musk abruptly notified the SEC staff that he would not appear,” said the agency’s filing. “Musk attempted to justify his refusal to comply with the subpoena by raising, for the first time, several spurious objections, including an objection to San Francisco as an appropriate testimony location.”X is based in San Francisco. The SEC said on Sept. 24, Musk’s lawyers responded by saying Musk would not appear for testimony in any location. A hearing on the matter is tentatively scheduled for Nov. 9 in San Francisco.

Persons: Elon Musk, Musk, ”, “ Musk, San, Alex Spiro, Andrew Carter, Musk's, Carter, Walter Isaacson Organizations: Securities, Exchange Commission, Twitter, SEC, District Locations: San Francisco federal, San Francisco, New York, Oklahoma, U.S, Fort Worth , Texas, “

☆ Four takeaways from Walter Isaacson’s biography of Elon Musk
▼ + stars: | 2023-09-12 | by ( Paul Glader | ) edition.cnn.com time to read: +9 min

CNN —“You’ll never be successful,” Errol Musk in 1989 told his 17-year-old son Elon, who was then preparing to fly from South Africa to Canada to find relatives and a college education. That’s one of the scenes Walter Isaacson paints in his 670-page biography of Elon Musk, who is now the richest person who ever lived. In a 2022 email sent to Elon Musk on Father’s Day, Errol Musk said he was freezing and lacking electricity, asking his son for money. Isaacson’s book revealed Musk had a third child (Techno Mechanicus) with the musician Grimes in 2022, and Musk confirmed the revelation Sunday. “Stop falling for weird s—.”Are robocars, an AI company and a robot called Optimus on tap?

Persons: “ You’ll, Errol Musk, Elon, Walter Isaacson, Elon Musk, Isaacson, Musk, ” Musk, Errol, ” Elon Musk, ”, Covid, Anthony Fauci, Fauci, Grimes, “, ” Isaacson, Simon, Schuster Zilis, Zilis, Jenna, Musk’s, “ I’ve, Jared Birchall, Alex Spiro, Kimbal, Optimus, Sam Altman, Altman, Larry Page Organizations: CNN, Blacks, Defamation League, Elon, Twitter, Google, Microsoft, Tesla Locations: South Africa, Canada, United States, Texas

☆ China Evergrande soars 70% to lead Chinese property names higher after another developer dodges default
▼ + stars: | 2023-09-06 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

China Evergrande stock jumped as much as 82% Wednesday, leading other Chinese property names higher. Also lifting shares was commentary in the state-owned Securities Times, which called for further easing of restrictions on the property market. AdvertisementAdvertisementThat comes after Beijing has already introduced a raft of measures to prop up the real estate sector and the broader economy. Meanwhile, Evergrande — a former $50 billion real estate giant that last month filed for Chapter 15 bankruptcy protection — remains the world's most indebted property developer. Days prior, a company filing showed a loss of 33 billion yuan in the six months up to June 30, adding on to the 582 billion yuan in losses from the last two years.

Persons: China Evergrande, Evergrande, Logan, Evergrande —, Lehman, Nicholas Spiro Organizations: Securities Times, Service, Country Garden Holdings, Logan Group, Hong, Mainland, Citi, Zhongront, Lauressa Locations: China, Wall, Silicon, Hong Kong, China's, Beijing

☆ Africa Climate Summit: Electric motorcycle startup Spiro expands into Kenya
▼ + stars: | 2023-09-04 | by ( Nell Lewis | ) edition.cnn.com time to read: +6 min

CNN —Spiro, a startup looking to eliminate fuel-guzzling motorbikes and scooters from the roads by trading them in for electric two-wheelers, is expanding to Kenya. Ahead of the first Africa Climate Summit, which kicked off in Kenya’s capital Nairobi today, the host government announced on Friday that the e-bike and battery-swapping startup would be entering the East African country with its biggest deployment yet: 1.2 million electric vehicles. In Kenya, they will be offered 50,000 Kenyan shillings (about $344) – around a third of the price of a new electric bike – to swap their existing bike for an electric one. Last week, US company Uber also launched an electric motorbike service in Kenya, promising to roll out 3,000 bikes within six months. “We’re surpassing the symbolic but significant milestone of one million electric bikes signed with a government,” says Samain.

Persons: CNN — Spiro, Jules Samain –, polluters, Samain, Spiro, CLEMENT, CLEMENT DI ROMA, ”, ” Spiro, William Ruto, Ampersand, Uber Organizations: CNN, Africa Climate, CLEMENT DI, AFP, Getty, FIA Foundation, Spiro, McKinsey Locations: Kenya, Africa, Kenya’s, Nairobi, West, Benin, Togo, Rwanda, Uganda, China, Mombasa, Saharan Africa, Swedish, Kenyan, East

☆ China's economic model isn't working, but that doesn't mean the country's headed for a 'Lehman moment'
▼ + stars: | 2023-08-26 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

And, similar to the crisis that ultimately toppled Lehman Brothers in 2008, much of China's troubles are rooted in its property sector. China's property crisisFront and center for any comparison between today's China and the US in 2008 is the real estate market. "The boom that characterized the property sector of the last decade is over," he said. AdvertisementAdvertisementStill, given the scale of China's property market, policymakers may need to step in with fiscal stimulus to avoid catastrophe. "Rather, it'll be a slow-moving, structural economic crisis that could last for years.

Persons: hasn't, Lehman, Xi Jinping, Alfredo Montufar, William Hurst, Hurst, it's, Helu, Evergrande, Nicholas Spiro, Spiro Organizations: Service, Lehman Brothers, People's Bank of, China Center, Conference Board, Citi, Zhongrong, University of Cambridge, Country Garden Holdings, Lauressa Locations: China, Wall, Silicon, People's Bank of China, Japan, Beijing

☆ Elon Musk's X Corp is suing a nonprofit organization that tracks hate speech over its claims about Twitter
▼ + stars: | 2023-08-01 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Elon Musk's X Corp is suing a nonprofit organization over its claims about hateful content on Twitter. X Corp said The Center for Countering Digital Hate illegally scraped its servers and made false claims. Elon Musk's X Corp is suing a nonprofit organization over its claims about harmful content on the social media platform. Twitter, now X, has been suffering from cash-flow problems after advertisers fled the platform in the early days of Musk's erratic leadership. X Corp is seeking unspecified damages as well as an injunction that would stop the CCDH from accessing Twitter's data.

Persons: Elon, Alex Spiro, CCDH Organizations: Elon Musk's, Corp, X Corp, Digital, Twitter Locations: California

Search resuls for: "Spiro"

25 mentions found