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Elon Musk Summons for Fraud Elon Musk Summons for Fraud

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Elon Musk Summons for Fraud

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Elon Musk will face a securities fraud court case over tweets from 2018 in which he discussed the possibility of privatizing Tesla. Jury selection is due to begin today, January 17th.

The story begins on August 7, 2018, when Tesla’s chief executive announced on Twitter that he was considering privatizing Tesla at a price of $420 per share.

Investor Glen Littleton is suing Tesla, Elon Musk, and Tesla board members, alleging that the entrepreneur’s tweets were false and cost investors billions of dollars, triggering price fluctuations in Tesla stocks, options, and bonds.

Elon Musk said he did consider privatizing Tesla and believed he had the backing of Saudi Arabia’s Sovereign Wealth Fund to do so. The deal, which would have cost about $72 billion, never went through.

Elon Musk Summons for Fraud

US District Judge Edward Chen ruled that Elon Musk’s tweets about the company’s privatization were untrue and that he acted recklessly in making them. The jury will have to decide if Musk’s tweets were material to investors and if he knew they weren’t true.

This case is unusual in that securities fraud cases are usually resolved before litigation, such as through a settlement agreement, explained Jill Fish, professor of securities law at the University of Pennsylvania. According to her, the defendants in this case will have a “hard battle” because of the pre-trial decision of the judge about the veracity of Musk’s statements.

Lawyers for Elon Musk, Tesla and other board members did not respond to a request for comment.

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Everything ingenious is simple. Samsung Galaxy S23 gets a charging system that can bypass the battery and power the phone directly

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Everything ingenious is simple Samsung Galaxy S23 gets a charging

Samsung has implemented an ingeniously simple solution in its latest flagship Galaxy S23. There is an item in the menu called Pause USB Power Delivery. When activated, the phone’s battery will not be charged, instead the device will be powered directly from the power supply.

Everything ingenious is simple.  Samsung Galaxy S23 gets a charging system that can bypass the battery and power the phone directly

This battery bypass system has an advantage in cases where the phone is used for a long time under load. For example, in games. If you power the device and simultaneously charge the battery, then you need high power, which is accompanied by significant heating of the phone.

Everything ingenious is simple.  Samsung Galaxy S23 gets a charging system that can bypass the battery and power the phone directly

The experiment showed that in the game, when the phone is powered in the usual way (through the battery), the consumption is 17 W, and if the battery bypass system is enabled, the consumption will be only 6 W – three times less. Naturally, the phone will heat up minimally. Moreover, this technology allows you to extend the life of the battery, as the number of full charge and discharge cycles is reduced.

Everything ingenious is simple.  Samsung Galaxy S23 gets a charging system that can bypass the battery and power the phone directly

It is important to note that the technology works with a battery charge of more than 20%. That is, if the mains power is interrupted unexpectedly, no data in the game or application will be lost, as the phone will automatically switch to battery power.

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Beeline has a service to combat number spoofing

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Beeline has a service to combat number spoofing

The VimpelCom operator (known under the Beeline trademark) announced the launch of a new service that expands the capabilities of the proprietary anti-fraud platform.

Beeline has a service to combat number spoofing

Generated by the Midjourney neural network

As the press service notes, “Cloud verification” of calls will allow partner operators to protect their numbering from being used for illegal purposes, as well as protect subscribers. In addition, interaction with the state system for ensuring compliance by telecom operators with the requirements for the provision of communication services and traffic transmission services is provided.

Now the operator provides “Cloud Verification” in a test mode, the service is available for test participants free of charge. At the end of the pilot period, the service will be provided on a commercial basis.

According to VimpelCom, more than ten partners are already connected to the service, and from October to December 2022, they managed to process 24.5 million calls and block 6.8 million calls with number spoofing.

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Flat screen AMOLED 1.5K, 64 MP, Dimensity 9000, 5000 mAh. OnePlus Ace 2 Pro specs revealed

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Flat screen AMOLED 15K 64 MP Dimensity 9000 5000 mAh

Yesterday OnePlus unveiled the OnePlus 11R (aka OnePlus Ace 2 in China), but according to well-known leaker Digital Chat Station, the company is already preparing a Pro version. An insider revealed her parameters.

Flat screen AMOLED 1.5K, 64 MP, Dimensity 9000, 5000 mAh.  OnePlus Ace 2 Pro specs revealed

This is what OnePlus Ace 2 looks like

The OnePlus Ace 2 Pro is expected to feature a 6.7-inch AMOLED flat screen with a resolution of 1.5K. The hardware platform will be SoC Dimensity 9000, the software platform will be Android 13 with ColorOS 13.

The camera will register sensors with a resolution of 64, 8 and 2 megapixels (respectively, OmniVision OV64M, Sony IMX355 and GalaxyCore GC02M). The maximum amount of RAM will be 16 GB, the battery capacity will be 5000 mAh, and it will support 100 W charging.

Previously, Digital Chat Station was the first to accurately announce the specifications and release dates of Redmi K50 and Xiaomi 12.

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