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$44 billion acquisition: US jury finds Elon Musk ‘misled’ Twitter shareholders in 2022

A federal jury in San Francisco has found Elon Musk liable for defrauding Twitter (now X) investors in 2022 by disparaging the company in an effort to secure a lower purchase price for the platform, Bloomberg News reported on Friday.Jurors concluded that Musk intentionally misled shareholders by claiming the social media company—later renamed X—had an…

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Prediction market Kalshi raises $1 billion at double its December valuation: Bloomberg

Kalshi Inc. raised more than $1 billion in a funding round led by Coatue Management, Bloomberg reported Thursday, citing people familiar with the matter. The round valued the prediction market platform at $22 billion, Bloomberg said, double the valuation of the previous round in December, when it also raised $1 billion. That funding round was…

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India-Bangladesh Ties: In bid to reset ties, Bangladesh envoy calls on EAM Jaishanakar, commerce minister Piyush Goyal | India News

NEW DELHI: As India and Bangladesh look to work towards a pragmatic reset in ties, Bangladesh high commissioner Riaz Hamidullah Friday called on external affairs minister S Jaishankar and also commerce and industry minister Piyush Goyal.Jaishankar said that the conversation with Hamidullah was focused on advancing bilateral ties. In a social media post about the…

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Sweeping transfers by EC take place only in non-BJP states: Omar Abdullah | India News

Omar Abdullah (File photo) NEW DELHI: J&K CM Omar Abdullah on Friday came out strongly in support of his Bengal counterpart Mamata Banerjee on the issue of EC transferring officials in poll-bound Bengal, saying these “sweeping transfers only happen in non-BJP-governed states”.“Bengal will once again prove that officers don’t win elections for political parties; members…

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