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securities and exchange commission

Firefighters Aren’t Prepared To Deal With The EV Fire Risk

by Horatio Thompson
Firefighters Aren’t Prepared To Deal With The EV Fire Risk

Good morning! It’s Friday, March 1, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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Judge orders Elon Musk to testify in SEC’s Twitter probe

by Edgar Davis
Judge orders Elon Musk to testify in SEC’s Twitter probe

A federal judge ordered Elon Musk to testify again in the U.S. Securities and Exchange Commission’s probe of his $44 billion takeover of Twitter, giving the regulator and the billionaire a …

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Meta warns investors Mark Zuckerberg’s hobbies could kill him

by Edgar Davis
Meta warns investors Mark Zuckerberg’s hobbies could kill him

Meta CEO Mark Zuckerberg’s love of “high-risk activities” pose a “risk of serious injury and death,” the company warned investors in its latest Securities and Exchange Commission filing. The warning …

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Vietnam internet start-up VNG withdraws IPO filing in US, as game publisher weighs future plans

by Walter Watson
Vietnam internet start-up VNG withdraws IPO filing in US, as game publisher weighs future plans

Vietnam internet start-up VNG withdraws IPO filing in US, as game publisher weighs future plans Vietnamese internet start-up VNG Ltd withdrew its registration for an initial public offering in the …

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Hong Kong needs to speed up approval of spot cryptocurrency exchange-traded funds after US launch, industry insiders say

by Anas Siddiqui
Hong Kong needs to speed up approval of spot cryptocurrency exchange-traded funds after US launch, industry insiders say

Eleven spot bitcoin ETFs – including BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust and ARK 21Shares Bitcoin ETF, among others – began trading on Thursday, following the US Securities and …

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Euphoria over Bitcoin ETF as trading volume surges past $4B on just the first day

by Edgar Davis
Euphoria over Bitcoin ETF as trading volume surges past B on just the first day

US-listed Bitcoin exchange-traded funds saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data, as investors jumped into the landmark products approved by the US securities …

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SEC approves spot bitcoin ETFs in game-changer for crypto industry

by Edgar Davis
SEC approves spot bitcoin ETFs in game-changer for crypto industry

The US securities regulator on Wednesday approved the first US-listed exchange traded funds to track bitcoin, its Chair Gary Gensler said, in a watershed for the world’s largest cryptocurrency and the …

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Elon Musk appeals dispute over Tesla ‘funding secured’ tweet to Supreme Court

by Edgar Davis
Elon Musk appeals dispute over Tesla ‘funding secured’ tweet to Supreme Court

Billionaire businessman Elon Musk on Thursday asked the US Supreme Court to consider whether the Securities and Exchange Commission overstepped its authority in enforcing a consent decree that he has …

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Elon Musk denies xAI raising funds ‘right now’ — despite SEC filing

by Edgar Davis
Elon Musk denies xAI raising funds ‘right now’ — despite SEC filing

Elon Musk said on Wednesday his artificial intelligence company xAI was not raising funds “right now,” a day after the startup filed with the US securities regulator to raise up to $1 …

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SEC Sues Kraken In Latest Crackdown Against Crypto Exchanges

by Anas Siddiqui
SEC Sues Kraken In Latest Crackdown Against Crypto Exchanges

Topline The Securities and Exchange Commission sued Kraken, one of the largest cryptocurrency exchanges, on Monday, alleging it had illegally operated without registering as a securities exchange—marking the latest step …

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