Elon Musk accuses Twitter of fraud in countersuit
07 August 2022 |
2:00 pm
The richest man in the world has claimed in court that Twitter lied to him about key parts of the business. The Tesla CEO is facing a lawsuit to force him to go through with his purchase of the social media company.
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11 Dec 2022
Former FTX Chief Executive Sam Bankman-Fried apologized Wednesday for a “lot of mistakes” in the abrupt collapse of the cryptocurrency firm and said he did not knowingly behave fraudulently.
10 Dec 2022
A distraction campaign is underway on Twitter. If users type location tags of major Chinese cities such as Beijing, their Twitter feed will be flooded with provocative "dating spam", in a bid to distract users away from images of the protests against Covid restrictions. We tell you more in this edition of Truth or Fake.
8 Dec 2022
Ramesh "Sunny" Balwani, the right-hand man and ex-boyfriend of company founder Elizabeth Holmes, is planning to appeal an almost 13-year prison sentence for fraud. Prosecutors argued he played an essential role in defrauding investors of $900 million. Theranos falsely claimed it could run blood tests with a single prick of a finger.
14 Dec
Lai, who is also facing a national security trial, has been found guilty of concealing the operation of a consultancy firm at Apple Daily's headquarters.
16 Dec
Interview: European Parliament has 'subpar anti-fraud rules'
19 Dec
Media organizations and the German Foreign Office have demanded an explanation over the bans while the EU has threatened sanctions. Elon Musk said the suspensions were due to the tracking of private jets.
7 Jan
The judge has tentatively set the trial for the founder of the now-bankrupt FTX crypto exchange for October 2. Bankman-Fried was also barred from accessing FTX or Alameda Limited assets, as a new bail condition.
4 Jan
Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, on Tuesday pleaded not guilty to charges that he defrauded customers out of millions of dollars worth of digital assets.
13 Jan
In this edition of Truth or Fake we investigate a deepfake video where Elon Musk allegedly admits to being high. As concerns over deepfakes have grown over the years, China is the first country to introduce regulations around this AI technology.
12 Jan
Find these stories and much more when you grab a copy of The Guardian on Thursday.
4 Feb
A damning report from US-based short-seller Hindenburg Research alleging widespread fraud at Adani Group has shaved off at least $70 billion in market capital from the giant Indian industrial conglomerate.
27 Feb
TikTok lives, digital gifts, PayPal and cryptocurrency deposits are some of the main methods used by scammers that claim to raise money for survivors of the earthquakes in Turkey and Syria. In this edition of Truth and Fake, we go through the donation scams to look out for.
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Angelina Jolie is collaborating with French luxury house Chloé to unveil hew new capsule collection for sustainable fashion label Atelier Jolie.
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The spiritual leader of the world’s 1.3 billion Catholics has suffered several health issues in the last year, but the pontiff is recovering well from his operation, the Vatican has said.
6 hours ago
France, Portugal and Spain, as well as the US, are joining the fight to put out hundreds of active wildfires in Canada. Heavy smoke from wildfires has traveled thousands of miles and shrouded many US cityscapes.
7 hours ago
Northeastern states in the US are experiencing historically high levels of air pollution due to wildfires in Canada. Experts say these types of situations will only increase in the future as the climate warms.
7 hours ago
English midfielder Jude Bellingham is set to leave Borussia Dortmund for Real Madrid, the Bundesliga club have confirmed. The teenager has scored 24 goals in 132 appearances for BVB.
8 hours ago
The former US vice president is launching a bid for the White House. This is no normal set of circumstances for Mike Pence, who was loyal to former US President Donald Trump for years, only parting ways with him after the Jan. 6 attack on the US Capitol. Pence is polling in the single digits and along with former New Jersey Governor Chris Christie is entering a growing field of Republican candidates challenging Donald Trump, who is the current frontrunner by far.