Tag: FRAUD ALLEGATIONS
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Wyoming’s Rise as an Alternative to Delaware for Business Incorporation
Wyoming is attracting corporations considering leaving Delaware, with businesses like Tesla and TripAdvisor contemplating incorporation due to legal disputes and unfavorable conditions. Currently leading in U.S. business incorporations per capita, Wyoming offers no income tax, low fees, and strong asset protections, positioning itself as a favorable alternative for businesses nationwide as Delaware’s dominance dwindles. Wyoming…
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Elon Musk’s X Initiates Lawsuit Against Major Advertisers for Alleged Boycott
X is suing major companies for allegedly boycotting ads post-acquisition. The lawsuit claims companies conspired via the Global Alliance for Responsible Media (GARM) to withhold billions in revenue. X seeks treble damages citing U.S. antitrust violations due to the decrease in ad revenue following Musk’s takeover. Elon Musk’s social media platform X, formerly Twitter, has…
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Billionaires and Companies Eye TikTok Amid U.S. Ban
Perplexity AI bids to merge with TikTok as high-profile figures, including Elon Musk, MrBeast, and Kevin O’Leary, express interest in acquiring the platform amid a U.S. ban. TikTok’s estimated value is $40-100 billion. Recent efforts to buy TikTok have included attempts by Microsoft, Oracle, and Walmart. Key Highlights – AI search engine startup Perplexity AI…
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Billionaires and Companies Eye Acquisition of TikTok as Ban Looms
– Elon Musk, Kevin O’Leary, and others may acquire TikTok to evade a U.S. ban. – Project Liberty and its affiliates propose solutions reducing user data collection. – TikTok’s valuation is around $100 billion; past acquisition attempts have failed. – The Biden administration’s decisions will critically influence TikTok’s future. Key Highlights – Several billionaires and…
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Alex Jones’ Company Doubles Infowars Bid Following Failed Auction
– First United American offers over $7 million for Infowars, doubling previous bid. – Infowars sale tied to Alex Jones’ bankruptcy after $1.5 billion judgment. – Judge voided previous auction due to flaws. – Settlement reached on proceeds for Sandy Hook families. – Further bids expected from Global Tetrahedron. A company affiliated with conspiracy theorist…
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Company Linked to Alex Jones Increases Infowars Purchase Offer
– Company linked to Alex Jones raises Infowars purchase offer to over $7M. – First United American Companies submitted the increased bid. – Bankruptcy judge voided previous auction due to flaws. – Proceeds from sale will help compensate Sandy Hook families. – New offer from The Onion’s parent company expected soon. A company associated with…