Elon Musk, SEC Need More Time to ‘Put on Their Reasonableness Pants’By CCN: Elon Musk and the SEC are talking, demonstrating progress in a regulatory battle that has been drawn out for months. While the Tesla CEO and the securities regulator have yet to reach an agreement regarding a contempt of court dispute, they could
Elon Musk’s Self-Driving Tesla Plans Are Pure FantasyBy CCN: Tesla CEO Elon Musk has made a couple of tall claims that are sure to excite the fanboys. In an interview with MIT researcher Lex Fridman, Musk claimed that Tesla is less than two years away from bringing a fully autonomous vehicle to market. Elon Musk
Shareholders Want ‘Dictator’ Zuck Out as Chair, Facebook Defends HimBy CCN: Facebook shareholders want Mark Zuckerberg to step down as chairman, saying he runs the social media monopoly “essentially as a dictatorship.” Investors also slammed the tech juggernaut for its barrage of data-breach scandals, which they say has eroded public trust in the social network.
Billionaire’s Savage Tesla Takedown Ends with Surprise Muppets QuoteHedge fund billionaire David Einhorn dissed Elon Musk over his recent troubles and gloated that the “the wheels are coming off — literally” at his electric-car company Tesla. Einhorn’s investment firm, Greenlight Capital, has been shorting Tesla stock for a couple of years. Accordingly, he has a
‘Disgusting’ Bezos Exposé & Trump Love Spark National Enquirer Firesale Editorial brass at the National Enquirer went too far when they exposed that Amazon CEO Jeff Bezos was cheating on his wife, MacKenzie Bezos. The “Pecker pic” saga, along with the publication’s alleged affinity for Donald Trump, reportedly “disgusted” the powers-that-be at American Media Inc.
Pinterest IPO: Major Flaw that Plagues Lyft Again Rears its Ugly HeadFollowing Lyft and TradeWeb, the next big IPO of the year is rapidly approaching. Make way for Pinterest, which could face similar headwinds to Lyft and has already begun to prep for this by slashing its IPO target by billions of dollars. Unfortunately for
‘Russian Facebook’ VK Wants to Turn its 100 Million Users into Crypto FansVKontakte (also known as “VK”), which is Russia’s version of Facebook, is planning to issue its own cryptocurrency. The project is currently under development, but a final decision has not yet been made. The social media firm wants to create a cryptocurrency that
WTF: WowAir Tailspin Threatens to Tank Iceland’s EconomyWow Air, a budget airline launched in 2012, targeted younger travel audiences with ultra-cheap airfare with minimal additions. The company struggled for the last two years, hemorrhaging nearly $45 million between July 2017 and June 2018. Now, their bankruptcy threatens to ripple through Iceland’s entire economy. Wow Air
United Offers Non-Binary Gender Identification When Booking FlightsUnited Airlines became just another business to come out in acceptance of non-binary gender identification. The Airline has announced that in addition to the current selections of M(male), F(female), and U(undisclosed), they will offer passengers an “Mx.’ option when booking flights. United’s Chief Customer Officer Toby Enqvist stated:
Elon Musk’s Tunnel Prototype Bores Virginia Transit OfficialsElon Musk’s The Boring Company is living up to its name, with the latest bunch of naysayers of its tunnel being Virginia transit officials. After they visited the 1.5 mile prototype tunnel being built under Los Angeles, they laid into it with criticisms. They are just the latest