Sunday, September 30, 2018

Elon Musk and SEC settle; Musk admits no guilt, will remain Tesla CEO, has to resign as Chairman for 3 years, appoint 2 new independent directors, pay $20M fine (Javier E. David/CNBC)

Javier E. David / CNBC:
Elon Musk and SEC settle; Musk admits no guilt, will remain Tesla CEO, has to resign as Chairman for 3 years, appoint 2 new independent directors, pay $20M fine  —  The Securities and Exchange Commission has settled charges with Tesla CEO Elon Musk, according to court documents filed on Saturday …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...