Tesla CEO Elon Musk managed to find a way to turn lobbying, which is typically one of the most efficient ways to spend money as a company, into a net revenue loser for his company – flipping the script again from a true “innovator” in the field of corporate destruction. Tesla released its 10-Q filing today, to supplement its Q3 …
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Supreme Court rejects Jones’ appeal of $1.4B Sandy Hook judgment
WASHINGTON (AP) — The Supreme Court on Tuesday rejected an appeal from conspiracy theorist Alex Jones and left in place the $1.4 billion judgment against him over his description of the 2012 Sandy Hook Elementary School shooting as a hoax staged by crisis actors. The Infowars host had argued that a judge was wrong to find him liable for defamation …
Read More »Klarna’s IPO pops, raising $1.4B, with Sequoia as the biggest winner
It’s been a long road for the 20-year-old fintech Klarna to make it to an IPO. But on Wednesday, the company successfully landed on the New York Stock Exchange, having raised $1.4 billion, largely for its existing investors, rather than itself. The fintech giant sold shares at $40, above its announced range of $35 to $37, and came out of …
Read More »Alex Jones asks US Supreme Court to hear appeal of $1.4B Sandy Hook award
Conspiracy theorist Alex Jones has asked the U.S. Supreme Court to hear his appeal of the $1.4 billion judgment a Connecticut jury and judge issued against him for calling the 2012 Sandy Hook Elementary School shooting a hoax staged by crisis actors. The Infowars host is arguing that the judge was wrong to find him liable for defamation and infliction …
Read More »$1.4B Powerball jackpot is up for grabs after 40 drawings without a winner
An estimated $1.4 billion lottery jackpot will be up for grabs Wednesday night thanks to dozens of drawings without a big winner. The massive Powerball prize is the sixth-largest U.S. lottery jackpot. It’s a result of 40 consecutive drawings stretching over the summer without anyone matching all of the game’s six numbers. No one has won the grand prize since …
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