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Musk settles SEC Twitter-disclosure case for $1.5m, the maximum penalty for the violation
After four years of litigation, Elon Musk has agreed to pay a $1.5m civil penalty over his late 2022 Twitter stake disclosure. The harm to other shareholders, the SEC alleged, was $150m. Elon Musk has, after nearly four years of litigation, settled the Securities and Exchange Commission’s case against him over his late disclosure of […]<br /> This story continues at The Next Web [...]
Vietnam wants under-16s to keep their accounts, just not post on them
Vietnam has settled on an unusual way to police children online. Under a draft decree unveiled this week, users under 16 would keep their social media accounts but lose the right to post, comment, or react to anything on them. It is a narrower move than Australia’s outright ban, and a stranger one, because it […]<br /> This story continues at The Next Web [...]
