A proposed class-action lawsuit against Elon Musk and his family office Excession has been allowed to proceed in federal court, after Musk sought to have the case dismissed. The lawsuit, brought by former Twitter shareholders, alleges that Musk failed to disclose his purchases of Twitter shares within a legally-mandated time frame, leading to artificially deflated prices. Judge Andrew L. Carter agreed with the plaintiffs that Musk’s failure to disclose his stake sent a false pricing signal to the market, noting that Musk’s tweet about buying a different social network was seen as a misdirection.
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NASA’s Webb telescope captures photos of the asteroid that won’t hit Earth in 2032
NASA's James Webb Space Telescope has captured images of the asteroid Apophis, which is not expected to collide with Earth in 2032. The telescope's high-resolution photos provide valuable data for studying the asteroid's trajectory and composition, helping scientists better understand its potential impact on our planet. This observation highlights the importance of continued monitoring and research to safeguard Earth from potential asteroid threats in the future. Full Article
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