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On August 14, it was learned from Iranian sources that the Iranian Islamic Revolutionary Guard Corps air defense system intercepted and destroyed an MQ-9 Reaper drone over Hormozgan province.August 14th - According to foreign media reports, the Swedish government will review the national budget to ensure taxpayers money is not wasted. With only a month until the election and lagging in the polls, Prime Minister Christophe Kristonssons center-right coalition announced on Friday the formation of a committee to review the countrys operations. Led by Director-General Nordland, the committees task is to identify savings, recommend optimal use of funds, and propose revocable initiatives. An interim report is scheduled for submission next March, with a final report due in January 2028. During its term, the government, supported by the far-right Sweden Democrats in parliament, has been committed to improving the efficiency of public finances. The government stated that the readjustment of the national budget for 2026 will amount to as much as 50 billion kronor.According to South Korean media reports, SK Hynix significantly increased its investment in equipment and research and development (R&D) in the first half of this year. Cash expenditures for acquiring tangible assets exceeded 18 trillion won, an increase of over 70% year-on-year.The Ukrainian military stated that it hit the Ust-Luga complex in the Leningrad region of Russia.On August 14, according to the Beijing Stock Exchange, from August 10 to August 14, the exchange listed "*ST Tianye", "*ST Tonghui" and "*ST Kangle" as key monitored stocks under delisting risk warning; and took self-regulatory measures against 23 cases of abnormal securities trading behavior, involving abnormal trading situations such as price manipulation and false declarations.

According to Investors, A Judge Decides Musk's Statements on Taking Tesla Private were Untrue

Charlie Brooks

Apr 18, 2022 09:56

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Investors in the electric vehicle company requested U.S. District Court Judge Edward Chen in a Friday filing to halt the celebrity entrepreneur's "public effort to construct a conflicting and misleading narrative about" his 2018 tweets.


Musk stated on Thursday that sufficient finance had been acquired to take Tesla private in 2018. He reached a settlement with US securities authorities over what the agency determined to be fraudulent representations, paying penalties and agreeing to have certain of his tweets approved by a lawyer before publishing.


The court docket on April 1 did not include the ruling.


These are the issues at stake in a May jury trial in which investors are seeking damages for the tweets.


Musk "has utilized his celebrity and reputation to manipulate public opinion in his favor, waging war in the press after being beaten in the trial," according to the complaint.


Musk's new statements, it argued, risk confounding prospective jurors and prejudicing a jury's determination of the amount of damages due by Musk.


Musk is attempting to have his deal with the SEC voided, claiming that the agency has been harassing him with probes.


On Saturday, Alex Spiro, a lawyer for Musk and Tesla, said that Musk was exploring taking Tesla private in 2018 and had secured finance for the endeavor. "Now, a half-decade later, all that remains are random plaintiffs' attorneys looking to make a bank and others attempting to prevent the truth from coming to light, all to the harm of free expression," he added.

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