Author: Christina Davis
Dec 12 (Reuters) – A U.S. district court on Monday rejected Elon Musk’s request to dismiss a lawsuit brought by Twitter investors who accuse him of depressing the social media platform’s stock price months before he bought it in October 2022. The U.S. District Court for the Northern District of California upheld some of the investor’s claims regarding Musk’s statements, including his tweet that the deal was “temporarily on hold,” although some of the plaintiffs’ claims were dismissed. The law establishment representing Musk, Quinn Emanuel Urquhart & Sullivan LLP, didn’t incontinently respond to a request for comment. Musk oversaw the…
LeBron James scored 31 points as the Los Angeles Lakers beat the Phoenix Suns 106-103 to advance to the semifinals of the NBA’s first offseason tournament. James, 38, dropped 15 points in the fourth quarter as the Lakers held off Kevin Durant’s second-half comeback. The Palm sets up a showdown with the New Orleans Pelicans on Thursday. I’ve been there a lot in my career, and I understand the challenge,” James said. ” I was happy to be suitable to produce some plays.” The Lakers dominated the first half, leading 59-47 at halftime, but Durant’s 31 points brought the Suns…
A private Swiss bank will pay $122.9 million in back taxes and penalties after admitting it helped clients hide assets from the tax authorities between 2008 and 2014. According to court and Justice Department filings, Banque Pictet & Cie, Co helped a group of U.S. taxpayers hide $5.6 billion to hide income, saving them $50.6 million in taxes over the years. The government’s payment covers taxes owed by the bank’s customers, fees the bank paid on undeclared accounts and a $39 million fine. ” Banque Pictet et Cie admitted that it laboriously helped US taxpayers use enciphered accounts, foreign trusts…
Apple and Goldman Sachs are potentially ending their partnership four years after joining forces on Apple’s credit card, The Wall Street Journal reports. The companies recently extended the agreement until 2029, but Apple is proposing to terminate the agreement in the next 12 to 15 months. Although the couple launched a high-yield savings account in April of this year, it’s likely that Goldman won’t be too upset about the potential split. Last month, reports suggested the bank was feeling to exit the consumer lending business. Earlier this year, the company went so far as to tell Apple it wanted out…
Amazon on Tuesday announced a new chatbot called Q that people will be able to use at work. The product, announced at the Amazon Web Services Reinvent conference in Las Vegas, represents Amazon’s latest attempt to challenge Microsoft and Google in productivity software. This comes a year after Microsoft-backed startup OpenAI launched its ChatGPT chatbot, which popularized generative artificial intelligence to generate human-like text in response to a few lines of human input. Q is named after the character of the same name in the James Bond films or the character Q in the Star Trek television shows, depending on…
The Miami Dolphins have moved to fill the defensive vacancy left after losing linebacker Jaylan Phillips in the Jason Pierre-Paul deal on Friday, multiple media outlets reported Monday. Pierre-Paul, a three-time Pro Bowl defensive end, was signed to the Saints’ practice squad on Thursday and played for New Orleans on Sunday. He had two tackles in the Saints’ 24-15 loss to the Atlanta Falcons. On Monday, Pierre-Paul wrote on social media: “I would like to thank the New Orleans Saints and the organization for giving me the opportunity to play for them. I can’t even lie that it was a…
The creation of a state alimony fund will encourage Russians to pay off their respective debts, said Nina Ostanina, Chairman of the State Duma Committee on Family Protection, Issues of Paternity, Maternity and Childhood, on the radio station “Moscow Speaks”. According to her, in this case, citizens will owe the state, and not their wives and husbands. This situation will make them move, the deputy is sure. This problem can be solved in a simple way Adopt a law on the alimony fund. The state pays monthly no less than the subsistence minimum to a child in a subject of…
Minister of Health of the Kamchatka Territory Alexander Gashkov saved people on a flight to Moscow when the plane hit a turbulence zone, Telegram channel “112” reports. A video has been published showing the plane shaking. According to “112”, during the flight from Petropavlovsk-Kamchatsky to Moscow, one of the passengers unfastened her seat belt shortly before entering the turbulence zone. When the plane began to shake, she fell and hit her head. The head of the Ministry of Health of Kamchatka helped the fallen woman treat the wound. Another passenger began to panic, the channel writes that Gashkov also helped…
Ukraine’s armed forces are unable to stop the advance of Russian troops due to a lack of 155mm artillery shells that Western countries promised to supply to Kyiv, the Telegraph reported. It is noted that this problem could turn into a disaster for the Armed Forces of Ukraine in the near future. Without shells, Ukraine will neither be able to hold back the advances of the Russian military, nor will it be able to attack itself in the future, the British publication says. Journalists noted the inability of Western countries to fulfill obligations on the supply of ammunition due to…
A record 1.25 million fans attended matches of the 13th FIFA World Cup, which ended on Sunday with Australia defeating hosts India to claim their sixth title, international body the International Cricket Council (ICC) said on Tuesday. A total of 1,250,307 fans watched the spectacular event, which ran from October 5 to November 19, from the stands, surpassing the previous mark of 1.016 million set at the 2015 tournament in Australia and New Zealand. Although there were plenty of empty seats in the stadiums for the opening matches, which did not feature second-place India, the total number of spectators has…