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Archivo del Autor: Belen De Leon

The Dispute Over Google's Alleged Retaliation Intensifies

Google executives reportedly sent emails to coworkers of an employee, challenging her claim that she was demoted.
Source: Wired

How I survived the Marvel Studios 22 Movie Marathon video – CNET

CNET reporter Abrar Al-Heeti sat through every Marvel Cinematic Universe film in a grueling 59-hour marathon…and lived to tell the tale.
Source: CNET

Elon's Court-Approved Twitter-Sitter, Measles in LA, and More News

Catch up on the most important news today in 2 minutes or less.
Source: Wired

Fighting Measles, LA Pulls a Classic Move: Quarantine

With worries over outbreaks growing nationwide, health officials responded to reports of infected individuals by imposing quarantines at UCLA and Cal State LA.
Source: Wired

Avengers: Endgame sees Captain America making the coolest choice possible – CNET

Commentary: Spoilers assemble. Steve Rogers’ decision hints at an exciting future for the Marvel Cinematic Universe.
Source: CNET

Watch Koenigsegg beat the hell out of a $3 million car over and over – Roadshow

The tiny Swedish hypercar manufacturer can’t afford to crash test lots of cars, so it crashes one car a lot.
Source: CNET

Elon Musk, SEC agree to guidelines on Twitter use

Tesla,  Elon Musk and the U.S. Securities and Exchange Commission reached an agreement Friday that will give the CEO freedom to use Twitter —within certain limitations — without fear of being held in contempt for violating an earlier court order.

Musk can tweet as he wishes except when it’s about certain events or financial milestones. In those cases, Musk must seek pre-approval from a securities lawyer, according to the agreement filed with Manhattan federal court.

U.S. District Judge Alison Nathan, the presiding judge on this matter, must still approve the deal. Nathan had given the SEC and Musk two weeks to work out their differences and come to a resolution.

Musk must seek pre-approval if his tweets include:

  • any information about the company’s financial condition or guidance, potential or proposed mergers, acquisitions or joint ventures,
  • production numbers or sales or delivery number (actual, forecasted, or projected),
  • new or proposed business lines that are unrelated to then-existing business lines (presently includes vehicles, transportation, and sustainable energy products);
  • projection, forecast, or estimate numbers regarding Tesla’s business that have not been previously published in official company guidance
  • events regarding the company’s securities (including Musk’s acquisition or disposition of shares)
  • nonpublic legal or regulatory findings or decisions;
  • any event requiring the filing of a Form 8-K such as a change in control or a change in the company’s directors; any principal executive officer, president, principal financial officer, principal accounting officer, principal operating officer, or any person performing similar functions

The fight between the two parties began after Musk’s now infamous August 7, 2018 tweet that had “funding secured” for a private takeover of the company at $420 per share. The SEC filed a complaint in alleging that Musk had committed securities fraud.

Musk and Tesla settled with the SEC last year without admitting wrongdoing. Tesla agreed to pay a $20 million fine; Musk had to agree to step down as Tesla chairman for a period of at least three years; the company had to appoint two independent directors to the board; and Tesla was also told to put in place a way to monitor Musk’s statements to the public about the company, including via Twitter.

The fight was re-ignited after Musk sent a tweet on February 19 that Tesla would produce “around” 500,000 cars this year, correcting himself hours later to clarify that he meant the company would be producing at an annualized rate of 500,000 vehicles by year end.

The SEC argued that the tweet sent by Musk violated their agreement. Musk has said the tweet was “immaterial” and complied with the settlement.

The SEC had asked the court to hold Musk in contempt for violating a settlement agreement reached last October over Musk’s now infamous “funding secured” tweet. The SEC had argued that Musk was supposed to get approval from Tesla’s board before communicating potentially material information to investors, the agency has argued. The SEC claimed a February 19 tweet violated the agreement.

Musk has steadfastly maintained that he didn’t violate the agreement.


Source: TechCrunch

Toyota is ditching part of its big V2V initiative for now, report says – Roadshow

The company is going back on its plans to have DSRC-based vehicle-to-vehicle communications in its cars over concerns for the security of the tech.
Source: CNET

Tesla CEO Elon Musk Will Get a Stricter Twitter Babysitter

Tesla CEO Elon Musk and the SEC settled their latest dispute over his not-always-truthful tweets, with stricter standards for what’s permissible in missives.
Source: Wired

At Google workers' town hall, employees pledge to protect each other from retaliation – CNET

Workers say they’re being targeted by the company after last year’s historic Google walkout.
Source: CNET

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