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SEC Case Against Musk Over Twitter Stake Heads to Trial
SEC Case Against Musk Over Twitter Stake Heads to Trial
Elon Musk and the U.S. Securities and Exchange Commission are no longer pursuing a quick settlement and instead appear headed for a courtroom fight over Musk’s 2022 takeover of Twitter, according to Bloomberg.
In a status update filed Wednesday, both sides said they had explored possible resolutions but ultimately agreed the case isn’t suited for mediation. “The parties do not believe that this case would benefit…from…ADR,” the filing states, signaling a shift toward full litigation.
At the center of the case is...
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Apr 2, 2026 / Tyler Durden
U.S. Alerts Goldman Sachs Paris After Iranian Group Threatens Terror Bombing
U.S. Alerts Goldman Sachs Paris After Iranian Group Threatens Terror Bombing
Five days after French authorities foiled a terror plot targeting Bank of America's Paris headquarters, the threat environment facing U.S. financial institutions in the French capital appears to be worsening.
New reporting from Le Parisien says Goldman Sachs' Paris headquarters was placed under police surveillance on Wednesday night following threats allegedly linked to Iranian terror networks.
Le Parisien outlines the rationale behind the heightened security posture:
It's 1:30 a.m. when the phone rings, shattering the night's calm.
A security guard on duty...
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Mar 18, 2026 / Roman Kireev
Marxist Misdirection
Feb 24, 2026 / Tyler Durden
PayPal Shares Jump Again After "Large Rival" Suitor Revealed As Stripe
PayPal Shares Jump Again After "Large Rival" Suitor Revealed As Stripe
Update (1558ET):
Bloomberg reports that payment processor Stripe has expressed interest in PayPal, a day after the outlet first reported that a "large rival" suitor was exploring a takeover of the payments platform.
Bloomberg:
STRIPE IS CONSIDERING AN ACQUISITION OF ALL OR PARTS OF PAYPAL
STRIPE HAS EXPRESSED PRELIMINARY INTEREST: SOURCES
Before the first Bloomberg report hit, PayPal shares in New York were at 2017 lows (with a market capitalization of around $37 billion) and were down more than 85% from the 2021 high...
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