SEC reportedly ‘intensifying’ examination of Tesla after Elon Musk tweets about taking the company private

The Securities and Exchange Commission is “intensifying” its inquiry into Tesla, Bloomberg reports.According to the publication, the agency was gathering information about statements Tesla has made regarding sales and manufacturing targets before its most recent inquiry.The SEC and Tesla declined Business Insider’s requests for comment. The SEC on Wednesday asked Tesla about whether one of CEO Elon Musk’s tweets regarding the possibility of taking the company private was truthful, The Wall Street Journal reported. The Securities and Exchange Commission is “intensifying” its inquiry into Tesla, … …read more Source:: AOL.com       

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Octave townhome hits the right notes with first-time buyer

Whether it’s about driving to work, picking up groceries, or a day at the Stampede, to many people in the market for a new home connectivity counts. This is one of the reasons Brookfield Residential’s Livingston community has earned early success, attracting buyers such as first-time owner Oscar Liu. “It’s just really convenient,” says the 27-year old analyst in the IT field, on what drew his attention to Livingston’s location. The community straddles Centre Street, west of Deerfoot Trail, and provides quick access to Stoney Trail. Close proximity to the city’s primary arteries shortens drives to a variety of destinations across Calgary, says Liu. Furthermore, he liked that the proposed… Read More

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Microsoft threatens to boot the far-right’s favorite social network off its cloud over posts that threatened Jews with ‘vengeance’ (MSFT)

Microsoft is threatening to kick Gab, a social network popular with the racist far-right, off its cloud hosting service Azure. The company has taken issue with virulently anti-Semitic posts that call for “vengeance” against Jews and the vandalism of Holocaust memorial museums. Microsoft has given Gab a 48-hour deadline to comply. Microsoft has threatened to kick a social network popular with the racist far-right off its cloud hosting service over anti-Semitic content that advocated genocide and torture of Jews. Gab, which has been described as “the alt-right’s very own Twitter,” is hosted on Microsoft’s Azure service. But on Thursday, the Seattle-based company said it was considering booting Gab off its… Read More

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Alberta to play Alaska for live-action dog-sled film starring Willem Dafoe

A Disney movie about the 1925 serum run in Alaska starring triple Oscar nominee Willem Dafoe is expected to start shooting in the mountains west of Calgary this fall. Togo will tell the true story of the titular sled dog and driver Leonhard Seppala. According to reports in Variety and the Hollywood Reporter, Seppala will be played by Dafoe. The project is slated for Disney’s streaming service, which doesn’t launch until late last year. Exact locations are not yet known, but will likely be in a “mountain terrain,” says Tom Benz, Motion Picture Business Agent for IATSE 212, which represents film workers in Calgary. “They will be starting in September… Read More

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California police chief says he’s ‘shaken to the core’ over his son’s arrest for allegedly beating a 71-year-old Sikh man

Surveillance footage from Manteca, California, allegedly shows 18-year-old Tyrone McAllister and a 16-year-old boy kicking 71-year-old Sikh man Sahbit Singh Natt to the ground during his morning walk on Monday. Union City Police Chief Darryl McAllister said he helped identify his son as the primary aggressor. He said he was “devastated” and “shaken to the core” over the assault his estranged son is accused of. Detectives are treating the case as an attempted robbery and trying to determine if the attack on Natt was a hate crime. A police chief in California said his family is “shaken to the core” after his estranged 18-year-old son was arrested over the filmed… Read More

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WeWork is raising $1 billion from SoftBank in a very unusual way

WeWork is raising $1 billion in debt from its existing investor SoftBank. It’s already raised billions of dollars in equity, including $4.4 billion from SoftBank alone. WeWork also revealed its financials for the first half of 2018, showing that revenue almost doubled to $712 million. Business Insider understands the company is still in talks to raise a new equity round at a $35 billion valuation. Shared office startup WeWork is raising a further $1 billion in convertible debt from one of its existing investors, SoftBank. The unusual mechanism gives WeWork an immediate cash injection as it continues to funnel money into expanding its shared office business globally. In an interview… Read More

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