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Lawsuit: Facebook overpaid FTC by $5 billion to shield Zuckerberg

According to a pair of lawsuits made public on Tuesday, Facebook board members overpaid the Federal Trade Commission (FTC) an extra $5 billion in fines to settle a complaint by the agency and [.]

Musk s Brother Said He Wasn t Aware Elon Pushed SolarCity Deal

Musk’s Brother Said He Wasn’t Aware Elon Pushed SolarCity Deal Jul 15 2021, 7:00 PM July 14 2021, 9:18 PM July 15 2021, 7:00 PM (Bloomberg) Kimbal Musk, a Tesla Inc. board member, told a Delaware judge he didn’t know his billionaire brother Elon Musk was pushing the company to quickly acquire SolarCity in 2016 and said he didn’t give much weight to concerns about the solar-power provider’s financial problems.“I was unaware of my brother’s activities” surrounding the SolarCity deal, Kimbal Musk told Delaware Chancery Court Judge Joseph Slights III on Wednes. (Bloomberg) Kimbal Musk, a Tesla Inc. board member, told a Delaware judge he didn’t know his billionaire brother Elon Musk was pushing the company to quickly acquire SolarCity in 2016 and said he didn’t give much weight to concerns about the solar-power provider’s financial problems.

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