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US judge considers Musk’s testimony in SEC Twitter probe

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A US judge has tentatively ruled that Elon Musk must testify again in the SEC’s ongoing investigation

The ruling follows concerns over Musk’s compliance with a previous settlement agreement with the SEC, which required his tweets about Tesla to be pre-approved by company lawyers.

The judge’s decision suggests a reevaluation of Musk’s adherence to regulatory requirements and underscores the SEC’s vigilance in monitoring his public statements.

The original settlement in 2018 stemmed from Musk’s tweets claiming he had secured funding to take Tesla private, which led to allegations of market manipulation and resulted in a multimillion-dollar fine for the CEO.

As the SEC continues to review Musk’s social media activities, this ruling could have broader implications for corporate leaders navigating the intersection of personal expression and regulatory compliance.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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