elon musk vs SEC again ? - Page 1
Forum section: electronics / general

author: Simmed
author_rank: Frequent Contributor
timestamp: December 14, 2024, 06:16:57 am
content: its endlesshttps://abcnews.go.com/US/elon-musk-shares-letter-sec-settlement-demand-purchase/story?id=116765210QuoteQuote$20million fine ?after thatthey go after neuralink too ?https://www.reuters.com/technology/sec-reopens-probe-into-elon-musks-neuralink-2024-12-13/something wrong with musk?or something wrong with SEC?

author: Analog Kid
author_rank: Super Contributor
timestamp: December 14, 2024, 06:27:14 am
content: I hate "news" reports like this.It says:QuoteBut it says nothing about what those "charges on numerous counts" are, so it's a complete mystery as to whether the problem lies with Musk, the SEC or both.I'm agnostic on the issue. I do think, however, that whatever else Musk is, he's a fucking idiot.

author: jpanhalt
author_rank: Super Contributor
timestamp: December 14, 2024, 11:06:14 am
content: A demand letter with a 48-hour response window -- I guess it's possible, but quite unusual.Let's assume Mr. Spiro knows what he is doing.

author: magic
author_rank: Super Contributor
timestamp: December 14, 2024, 01:40:04 pm
content: QuoteI thought it was Jeff Bezos who's famous for making people work at peak efficiency.They could save lots of $$ if barely anyone wanted to work for the government

author: SiliconWizard
author_rank: Super Contributor
timestamp: December 14, 2024, 07:53:50 pm
content: I'm afraid that "government efficiency" is an oxymoron.

author: themadhippy
author_rank: Super Contributor
timestamp: December 14, 2024, 08:03:22 pm
content: QuoteAnd there first money saving exercise will be to close the sec

author: RJSV
author_rank: Super Contributor
timestamp: December 17, 2024, 08:39:40 am
content: Folks, don't forget to use your 'Social Translation tables':...Musk = 'Trumpy person', thus: HATE'X', = 'Wheres my government censor ?'If that's cryptic, I meant people saying that 'X' (formerly twitter) is = Trump and therefore 'requires' measures against 'misdismisinformation'.(sarcasm)

author: jpanhalt
author_rank: Super Contributor
timestamp: December 17, 2024, 10:24:41 am
content: Quote from: themadhippy on December 14, 2024, 08:03:22 pmNot likely; although, the SEC does have serious problems. Its lax enforcement against very big players contributed to the 2008-2009 crash.Public comments have focused elsewhere, such as on the Department of Education (a state activity) and DoD (Defense). DoD has failed 7 consecutive audits and can't account for $236 billion of its most recent budget of $824 billion. The DoD won't be closed, but efforts will be made to ensure accountability.

author: Analog Kid
author_rank: Super Contributor
timestamp: December 17, 2024, 09:23:07 pm
content: Quote from: jpanhalt on December 17, 2024, 10:24:41 amThere, FIFY.(Just look at Trump's current pick for SecDef.)

author: thm_w
author_rank: Super Contributor
timestamp: December 17, 2024, 09:58:34 pm
content: Quote from: jpanhalt on December 14, 2024, 11:06:14 amLooks like he had multiple chances to show up, and purposefully didn't, so... might as well try something else.QuoteAnyone defending behavior like this is a fool.You want billionaires to walk over you more than they already do?Quotehttps://www.investmentfundlawblog.com/resources/investments-by-funds/acquiring-5-publicly-traded-company/

author: EEVblog
author_rank: Unknown
timestamp: December 17, 2024, 10:15:06 pm
content: Quote from: Simmed on December 14, 2024, 06:16:57 amBoth. Musk doesn't have the correct political views.SEC also destroyed LBRY, because they were ordered to.

author: mikeselectricstuff
author_rank: Super Contributor
timestamp: December 17, 2024, 10:26:40 pm
content: https://x.com/MikeBenzCyber/status/1868945446875676693Quote

author: SiliconWizard
author_rank: Super Contributor
timestamp: December 17, 2024, 11:33:04 pm
content: Quote from: mikeselectricstuff on December 17, 2024, 10:26:40 pmThat sounds like good ethics and a legit use of public money.

author: thm_w
author_rank: Super Contributor
timestamp: December 18, 2024, 02:02:06 am
content: Quote from: SiliconWizard on December 17, 2024, 11:33:04 pmIts a random connection from some clueless person on twitter. Reuters offers: legal advice, fraud investigation, ID searches, records searches, etc. Without knowing the specific details of the contracts, its pure speculationat this point.You can go search for yourself and see that during 2017-2020 Reuters was given over $360 million in various contracts:https://www.usaspending.gov/search/?hash=ca7ee66a7c8fc84f2026144fbc71674f. Much more than 2021-2025.But yes, leave the richest man in the world alone to do what he wants, he clearly has it too hard.

author: Analog Kid
author_rank: Super Contributor
timestamp: December 18, 2024, 02:13:51 am
content: Quote from: EEVblog on December 17, 2024, 10:15:06 pmBefore reading this I had no idea what or who "LBRY" was.Here'sa dissenting opinion on the decision by an SEC commissioner.

author: RJSV
author_rank: Super Contributor
timestamp: December 18, 2024, 03:17:58 am
content: If one wishes to examine the concepts, here, of SEC interference on Musk's activity, try take a break from Elon Musk subject, and tune in on similar treatment that, maybe, others have reported. That helps establish the behavior pattern, that has been alleged (on the part of SEC).Suggestion would be, do a separate survey, but of 'SEC' messing with ...The Pillow Guy, Mike Lindel (spelling ?).You say: "what does that have to do, with Musk ?".Well, it's not proof, just suspiciously coincidence..."OOPS, another Trump supporter gets hassled. Not definitive proof, just a snarly coincidence.

author: Analog Kid
author_rank: Super Contributor
timestamp: December 18, 2024, 03:27:12 am
content: The My Pillow guy (Mike Lindell) is a total fucking idiot and douchebag.

author: RJSV
author_rank: Super Contributor
timestamp: December 18, 2024, 04:39:22 am
content: Oh, well then.You've already heard the back story, maybe from an interview (he) has done.The Pillow Guy story, (vs SEC) probably available on YouTube ?I'm going to go watch that, thanks for the tip, on obtaining the story.

author: EEVblog
author_rank: Unknown
timestamp: December 19, 2024, 03:51:14 am
content: Quote from: Analog Kid on December 18, 2024, 02:13:51 amAt the time I was the 5th largest channel on the LBRY/Odysee network.They were burned to the ground by the SEC because they were a successful open source alternative to Youtube. Can't have that.Odysee still lives on, but they have changed from LBRY to another system.My LBC miners are still running though.

author: SiliconWizard
author_rank: Super Contributor
timestamp: December 19, 2024, 10:20:04 pm
content: You can't escape the matrix.

author: Simmed
author_rank: Frequent Contributor
timestamp: December 20, 2024, 06:17:27 am
content: tiktok, time is running out it seemshttps://www.bbc.com/news/articles/cn4xw9lx02xohttps://european-alternatives.eu/category/video-platformshmmm peertube ? wut ? lol

author: magic
author_rank: Super Contributor
timestamp: December 20, 2024, 06:51:54 am
content: Not sure what TikTok has to do with Musk.IMO banning it like that is pointless, the lemmings will just hop to another channel. OK, it's not pointless if you own the other channels, I guess.When I become Stalin 2.0 I will ban all similar antisocial networks and reeducate their users - then it will have a greater positive impact

author: themadhippy
author_rank: Super Contributor
timestamp: December 20, 2024, 10:20:42 am
content: hows that song go again,you know that one the yanks are so keen and proud to sing at every opportunity? o yeaQuote

author: RJSV
author_rank: Super Contributor
timestamp: December 20, 2024, 03:58:54 pm
content: I suspect the tictoc ban has a couple 'suposedly' reasons, but the arguments are weak. My opinion is they should ban, as laid out in the deadline warnings. Otherwise, why go to trouble if legislating that ban, only to go soft on enforcement. (That's the half-of-a-fight theory, where the stern, no compromise approach melts down into a passive shrug...Tictoc won't do what we want, so they get to stay, defying the order to sell off the U.S. unit.The basis that tiktok will 'spy' is hilarious as we have heavy spy activity just with U.S. companies, and our private conversations (and along with multiple undercover 'operatives' doing who knows what, manipulating criminal cases and evidence.Still a good reason to ban tiktok but that's like putting a ban on ONE ant, in the kitchen.The 'other' reason, that being that tiktok will somehow be exerting political influence is weak. Plus, you know, we in the U.S. have witnessed the abuse of our trust, in ANY dialog now, that claims;Foreign influence on election.THAT accusation path road has been abused to the point that Americans will now reject even legitimate suspicions (a dangerous attitude).To be clear, I would put the ban into effect, simply because that's what we said would take place, (if tiktok doesn't divest).

author: RJSV
author_rank: Super Contributor
timestamp: December 20, 2024, 05:38:08 pm
content: thermahippy: with all proper respect, hope you understand, I like to debate, nothing personal here.Regarding the quote: "Land of the free",People claiming that corruption and official misconduct is going on, get shutdown by claims the 'corruption' is a mythical perception.(Very frustrating).BUT, the opposite happens too:Anyone claiming that (we in U.S.) are free, THAT gets a thumbs-down response as well.(Less frustrating, but an irk).That's the old thing:Damned if you do, or if you don't.But I've heard historians claim, that things are not done, it's a 'work in progress', and thus not a perfect freedom, (to brag about).

author: Simmed
author_rank: Frequent Contributor
timestamp: December 22, 2024, 05:33:56 am
content: https://arstechnica.com/space/2024/12/report-elon-musk-failed-to-report-movement-required-by-security-clearance/i have no idea what is going on lolQuotedid people like jeff bezos and bill gates do their reporting ?

author: RJSV
author_rank: Super Contributor
timestamp: December 22, 2024, 05:46:45 am
content: The story I gathered, short version, is that there are people scared shitless, that various inquiries may turn up crimes,...real crimes, and they know it.That's a short answer, but there is a lot of bulk in an explanation.What I should say, before exiting this, is that much of the above answer is of things I only had access to recently...that being a small handful of television stations that were added to our package.Liz Cheney, is in the start of some big turnaround forces, but the drama is barely started.I do know, that there is a miscarriage in the list, of potential harm that took place, over the last few years. Women know, that's a big one, being the child-bearing side of our culture.Can't go much further, without consensus of a bunch of members.