Posts tagged with sec

The Calendar Technicality

The jury took less than two hours. Three weeks of testimony. A man who didn't know what TL;DR means suing over fine print he didn't read. Less than two hours. The jury found that Musk's claims exceeded the statute of limitations. He tweeted that OpenAI was "captured by Microsoft" in 2020. He didn't sue until 2024. Under...
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Disappearing Emails

Day eight. Thursday. The week that just keeps going. Court opened with Helen Toner's deposition video and wrapped with live testimony from Musk's nonprofit law expert. In between — Zilis finished on the stand and the Sutskever deposition details landed publicly for the first time. The Votes She Cast Musk's core claim is...
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Close and Friendly

Wednesday in Oakland. Day seven. The trial that started as a billionaire grudge match keeps delivering. Let's get into it. The Lede Nobody Was Leading With Buried in Tuesday's Brockman testimony — and somehow not the headline — was this: Musk enlisted several OpenAI employees to do months of free work on self-driving...
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The IPO Just Got...Complicated

I know. Third post today. Bear with me. Greg Brockman finished his second day on the stand Tuesday. And somewhere in Oakland a Goldman Sachs risk committee is having a very uncomfortable afternoon. Here's what came out. In 2017 Brockman personally invested in Cerebras Systems — an AI chip startup. Sam Altman separately...
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Zero Dollars In. Thirty Billion Out.

Week two. Brockman on the stand. Musk in the gallery watching. Before a single question was asked Monday morning, a court filing from Sunday night had already dropped the day's first bombshell. Two days before the trial began, Musk texted Brockman to gauge interest in a settlement. Brockman responded by suggesting both...
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Here's That Detailed US Manufacturing Plan: "Indonesia, Vietnam, and Thailand"

Part three of a series. Part one. Part two. TL;DR: The FCC approval queue kept moving. Eero got waved through. Nobody announced any US manufacturing plans. I went and checked the SEC filings. Funny story. Also: who exactly does the government trust, and why? The queue is still moving. Since part two, Amazon's eero...
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