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Elon Musk set to lose $20m and Tesla’s chairman post over his ‘$420’ tweet

Oct01
by on October 1, 2018 at 7:41 am
Posted In: Around the Web, Insider, world


Elon Musk’s trying times continue, as he’s been slapped with a $20 million fine, and resign as Tesla’s chairman to settle a case with the US Securities and Exchange Commission (SEC). The agency sued Musk for allegedly misleading investors with his recent “Funding secured” tweet, which also mentioned a plan to take the company private. Am considering taking Tesla private at $420. Funding secured. — Elon Musk (@elonmusk) August 7, 2018 Tesla will also have to pay $20 million separately and add two new independent directors to its board. In addition, it will have to keep a tab on Musk’s…

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Or just read more coverage about: Tesla

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a couple of laughzillas on a blue diamond background

Elon Musk set to lose $20m and Tesla’s chairman post over his ‘$420’ tweet

Oct01
by on October 1, 2018 at 7:41 am
Posted In: Around the Web, Insider, world


Elon Musk’s trying times continue, as he’s been slapped with a $20 million fine, and resign as Tesla’s chairman to settle a case with the US Securities and Exchange Commission (SEC). The agency sued Musk for allegedly misleading investors with his recent “Funding secured” tweet, which also mentioned a plan to take the company private. Am considering taking Tesla private at $420. Funding secured. — Elon Musk (@elonmusk) August 7, 2018 Tesla will also have to pay $20 million separately and add two new independent directors to its board. In addition, it will have to keep a tab on Musk’s…

This story continues at The Next Web

Or just read more coverage about: Tesla

└ Tags: ,
a couple of laughzillas on a blue diamond background

Sir Tim Berners-Lee’s new startup wants to give people control over their data again

Oct01
by on October 1, 2018 at 7:08 am
Posted In: Around the Web, Insider


The data you upload and share on social networks, search engines, and other online services lives on those providers’ servers, which means you have no control over how those companies use it. But now, Sir Tim Berners-Lee, who invented the internet in the late 80s, is working on a startup whose mission is to help people control their data – by building the internet of the future. The company is called Inrupt, and its main offering is Solid, a platform that lets you decide how you want to store your data. This includes your contacts, photos, music library, calendar events, fitness…

This story continues at The Next Web

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a couple of laughzillas on a blue diamond background

Sir Tim Berners-Lee’s new startup wants to give people control over their data again

Oct01
by on October 1, 2018 at 7:08 am
Posted In: Around the Web, Insider


The data you upload and share on social networks, search engines, and other online services lives on those providers’ servers, which means you have no control over how those companies use it. But now, Sir Tim Berners-Lee, who invented the internet in the late 80s, is working on a startup whose mission is to help people control their data – by building the internet of the future. The company is called Inrupt, and its main offering is Solid, a platform that lets you decide how you want to store your data. This includes your contacts, photos, music library, calendar events, fitness…

This story continues at The Next Web

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a couple of laughzillas on a blue diamond background

The world’s oldest active torrent file is still going strong after 15 years

Oct01
by on October 1, 2018 at 5:08 am
Posted In: Around the Web, Insider


Torrent files have been a top choice of users across the internet to share files for almost two decades. This weekend, TorrentFreak reported that the world’s oldest active torrent file has just turned 15. The record holder file is a fan-made film based on The Matrix called The Fanimatrix. A bunch of friends from New Zealand made this film in 2003 for just $800; they completed the project in nine days. Sebastian Kai Frost, the ‘IT-guy’ in the film project, said that they managed to bring down the movie’s file size to 150MB, but hosting was too expensive at that time.  Frost said: In New…

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