Items tagged with: yahoo
We could also go with MAGA FENTY, for #Microsoft, #Apple, #Google, #Amazon, #Facebook, #Ebay, #Netflix, #Twitter and #Yahoo
What's going on at the SEC?
Consider the following article: Why is The SEC Picking on Elon Musk Instead of Mark Zuckerberg?
Disproportionate. Arbitrary. Inconsistent. All of these words apply. The SEC fined Elon Musk more for one tweet than it fined Yahoo! for failing to disclose, during due diligence, a data breach that ultimately was admitted to have involved three billion users. Meanwhile it has given Facebook a free pass for 14 years of privacy breaches, insider trading, and knowingly false financial statements.
Plus, as John Reed Stark, who has 20 years of experience in the SEC's Enforcement Division, noted so well in one of his own posts:One could perhaps be forgiven for speculating whether the SEC is being, shall we say ... encouraged to lean on Elon Musk.
The SEC does not typically file SEC enforcement actions like the one against Musk. Indeed, a close reading of the SEC’s complaint against the celebrated billionaire finds a litany of glaring absences within the SEC’s allegations, including:
No alleged profits or other ill-gotten gain earned by Musk; No alleged scheme conducted by Musk; No alleged market manipulation orchestrated by Musk; No alleged pump and dump ploy executed by Musk; No alleged conspiracy between Musk and anyone else; No alleged evidence of scienter or intent by Musk; No alleged false filing or other false or inaccurate Tesla report to the SEC by Musk; No alleged violation of any sort of required SEC “quiet period” by Musk; and No concrete evidence of an alleged motive attested to Musk (though not required in SEC enforcement actions, motive is typically pled or implied in some way, shape or form).
Who could possibly profit from such an action?
#SEC #Tesla #Facebook #Yahoo
Just decided I don't need Yahoo News!
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#surveillance #capitalism #privacy #brainwashing #yahoo #facebook #advertising