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SEC Pushes Back After Tesla and Musk Accuse Regulator of Harassment
The U.S. Securities and Exchange Commission, after being accused by Tesla CEO Elon Musk this week of conducting a “harassment campaign” against him, has responded with a reminder to Musk that this level of federal scrutiny was part of the deal he agreed to after his shitposting landed him in hot water.
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Amazon, Nike, and Other Bidders Are Reportedly Circling Peloton
After enjoying a lockdown-fuelled peak during the pandemic, Peloton is now spinning out of control. Product recalls, plummeting stock prices, a major decline in demand and its bike’s dangerous cameos in not one, but two primetime TV shows have wiped roughly $US40 ($56) billion from its market value in the last year.
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United Arab Emirates Grounds Recreational Drones in Wake of Deadly Drone Strike
Drone hobbyists are on a government-mandated hiatus in the United Arab Emirates in the wake of last week’s deadly attack on a key oil facility outside the nation’s capital city of Abu Dhabi, the Associated Press reports.
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Meta’s Head of PR Leaves a Company on Fire
It’s hard to blame someone for running away from a burning building. The same can be applied to Silicon Valley, where the head of public relations at Meta, Facebook’s parent company, is stepping down.