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Tesla and Elon Musk sued by shareholders for overstating the effectiveness and safety of company’s EVs

Tesla and Elon Musk sued by shareholders for overstating the effectiveness and safety of company’s EVs

by AIP Online Bureau | Mar 1, 2023 | International News

In a proposed class action filed in San Francisco federal court, shareholders said Tesla defrauded them over four years with false and misleading statements that concealed how its technologies, suspected as a possible cause of multiple fatal crashes, “created a...

Elon Musk trial opens to decide fate of his $56 bln Tesla pay

by AIP Online Bureau | Nov 14, 2022 | Facts

A Tesla shareholder hopes to prove during the five-day trial that Musk used his dominance over the electric vehicle maker’s board to dictate terms of the 2018 package, which did not even require him to work at Tesla full-time A trial opened on Monday over...
Tesla and Elon Musk sued by shareholders for overstating the effectiveness and safety of company’s EVs

Twitter’s hectic overhaul puts world’s regulators on alert

by AIP Online Bureau | Nov 12, 2022 | Eco/Invest/Demography, International News, Technology

Elon Musk The US Federal Trade Commission (FTC) regulates how Twitter handles user data and has been overseeing the company’s privacy and data security compliance since it put the company under a consent order in 2011, which requires Twitter to submit to independent...
Biden slams Musk’s Twitter buy, says platform responsible for spewing lies

Biden slams Musk’s Twitter buy, says platform responsible for spewing lies

by AIP Online Bureau | Nov 5, 2022 | International News, Risk Management, Technology

US President Joe Biden Civil rights groups are also stepping up pressure on advertisers to ensure Musk takes steps to keep the platform from being a host to hate speech or disinformation President Joe Biden criticized Elon Musk’s acquisiton of Twitter Inc., saying the...
Twitter sued for mass layoffs by Musk without enough notice

Twitter sued for mass layoffs by Musk without enough notice

by AIP Online Bureau | Nov 4, 2022 | International News, Risk Management, Technology

“We filed this lawsuit tonight in an attempt the make sure that employees are aware that they should not sign away their rights and that they have an avenue for pursuing their rights,” Shannon Liss-Riordan, the attorney who filed Thursday’s complaint, said in an...
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