SEC rebuffs Elon Musk’s attempt to get out of ‘funding secured’ settlement
The SEC argued that “Musk waived his opportunity to test the Commission’s allegations at trial when he voluntarily agreed (twice) to a consent judgment.”
Adobe slips on report saying DOJ plans suit to block $20 billion Figma deal
Figma represents a growth vector and a way for Adobe to enhance existing assets for handling images and videos. But there are competition questions.
Meet the $10,000 Nvidia chip powering the race for A.I.
The $10,000 Nvidia A100has become one of the most critical tools in the artificial intelligence industry,
Trump, FBI Director Wray can be deposed in lawsuits by ex-officials Strzok and Page, judge rules
Trump and Wray can be deposed on a narrow set of topics as part of the lawsuits by Strzok and Page, but Biden could invoke executive privilege, a judge ruled.
Block misses on earnings but beats on revenue, gross profit
Block stock rose slightly in extended trading after the payments company reported fourth-quarter revenue and gross profit that beat Wall Street’s expectations.
Beyond Meat reports narrow-than-expected quarterly loss despite sinking sales
Beyond Meat said its sales could fall as much as 10% in 2023.
DOJ alleges Google destroyed chat messages that it was required to save during antitrust investigation
The alleged issue is one that previously came up in Epic Games’ antitrust litigation against Google.
Retirees lost 23% of their 401(k) savings in 2022, Fidelity says
Retirement 401(k) account balances lost nearly one-quarter of their value in 2022, according to Fidelity Investments, the largest 401(k) provider in the U.S.
Democrats urge EPA to tighten gas flaring restrictions to curb methane emissions
Congressional Democrats said the agency’s proposal needs to better regulate routine gas flaring, or the process of burning excess natural gas at an oil well.
Medicare rejects Alzheimer’s Association request for unrestricted coverage of treatments like Leqembi
The Alzheimer’s Association, in a statement Wednesday, said it was “appalled” by CMS’ decision.
