Author: Prima News
Jury finds Elon Musk misled investors during Twitter purchase, absolves him of some fraud claims
A jury has found Elon Musk liable for defrauding investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not “scheme” to mislead investors. The civil trial in San Francisco centered on a class-action lawsuit filed just before Musk took control of Twitter, which he later renamed X. Jurors were asked to decide if two tweets and comments Musk made on a podcast in May 2022 amounted to him intentionally defrauding Twitter shareholders, who…
A senior vice president of Super Micro Computer Inc. and two others affiliated with the company were charged Thursday with conspiring to smuggle billions of dollars of computer servers containing advanced Nvidia chips to China. The men violated U.S. export controls laws by scheming to divert massive quantities of the high-performance servers assembled in the United States to China between 2024 and 2025, according to the indictment in Manhattan federal court. In a release, FBI Assistant Director in Charge James C. Barnacle Jr. said the defendants used fabricated documents, staged bogus equipment to pass audit inventories and utilized a pass-through…
FIFA’s inaction on football clubs based in Israeli settlements flouts international law: Amnesty
Amnesty International on Friday said that FIFA’s inaction on clubs based in illegal Israeli settlements flouts international law. “By refusing to take action against clubs based in Israeli settlements, FIFA has failed to enforce its own rules and is blatantly flouting international law,” Steve Cockburn, head of Economic and Social Justice at Amnesty International, said in a statement. Cockburn said that FIFA had “a clear opportunity” to stand up for Palestinians’ rights and international law, “with this decision it has shamefully chosen to abandon both.” The statement came after FIFA’s Disciplinary Committee on Thursday found the Israel Football Association (IFA)…
A top Vatican official on Friday called for an immediate halt to the escalating conflict involving Iran, warning that the risk of a wider regional war is growing. Speaking on Thursday at the Italian Chamber of Deputies, Vatican Secretary of State Cardinal Pietro Parolin said he would urge US President Donald Trump “to stop as soon as possible, because the danger of escalation is imminent.” He added that the same appeal “should also be addressed to the Israelis,” encouraging “peaceful solutions.” He also called for Lebanon to be “left in peace” and stressed the need to resolve problems “through the…
Green Party MPs have written to Prime Minister Keir Starmer expressing “alarm” over what they describe as the UK’s involvement in an “illegal US-Israeli war on Iran.” In a letter on Friday, the group said the UK was “obliged under international law to have no involvement in illegal military action,” including the use of British bases and UK-made weapons. They raised concerns about the humanitarian impact of the conflict, claiming that “well over 1,000 civilians have been killed, including a reported 168 children.” The letter also cited reports that military action in Lebanon is “killing or injuring the equivalent of…
Costa Rica on Friday extradited former top judge and security minister Celso Gamboa to the United States, where he is wanted on charges of international drug trafficking, marking the Central American nation’s first-ever extradition of its own nationals. “Costa Rica is sending a strong message: no one can use our nationality to evade justice,” Attorney General Carlo Diaz said in a video message sent to media. A judicial reform in 2025 eliminated a ban on extraditing nationals in a bid to combat organized crime that has worsened violence in a nation long recognized as one of the safest and most…
UN chief says he is cooperating with Trump’s Board of Peace on Gaza, Politico reportsU.N. Secretary General Antonio Guterres welcomed the aim of Donald Trump’s Board of Peace to fund and deliver the basics of a Gaza reconstruction plan to rebuild Palestinian homes and infrastructure, Politico reported on Saturday. -“There is an objective there that was defined, approved by the Security Council, and we are cooperating actively with structures created by the Board of Peace,” Guterres told the news outlet in an interview.
U.N. Secretary General Antonio Guterres welcomed the aim of Donald Trump’s Board of Peace to fund and deliver the basics of a Gaza reconstruction plan to rebuild Palestinian homes and infrastructure, Politico reported on Saturday. -“There is an objective there that was defined, approved by the Security Council, and we are cooperating actively with structures created by the Board of Peace,” Guterres told the news outlet in an interview. -Guterres saw no need for the board beyond Gaza’s reconstruction: “This is not the effective way to address the dramatic problems that we have now. We need to be clear about…
Iran war’s energy impact forces world to pay up, cut consumptionThe war in the Middle East has triggered a nightmare scenario for the global energy system, slashing so much supply that consumers around the world must both pay up big and lower consumption. The effective closure of the Strait of Hormuz, a narrow channel along the Iranian coast, has stopped the passage of 20% of the world’s oil and liquefied natural gas since the U.S. and Israel began airstrikes on Iran on February 28.
The war in the Middle East has triggered a nightmare scenario for the global energy system, slashing so much supply that consumers around the world must both pay up big and lower consumption. The effective closure of the Strait of Hormuz, a narrow channel along the Iranian coast, has stopped the passage of 20% of the world’s oil and liquefied natural gas since the U.S. and Israel began airstrikes on Iran on February 28. Meanwhile, ongoing strikes by Iran and Israel have targeted Middle East energy infrastructure, doing damage to gas fields, oil refineries, and terminals that industry representatives say…
The British government gave authorisation on Friday for the U.S. to use military bases in Britain to carry out strikes on Iranian missile sites that are attacking ships in the Strait of Hormuz. British ministers met on Friday to discuss the war with Iran and Iran’s blocking of the Strait of Hormuz, according to a Downing Street statement “They confirmed that the agreement for the U.S. to use UK bases in the collective self-defence of the region includes U.S. defensive operations to degrade the missile sites and capabilities being used to attack ships in the Strait of Hormuz,” the statement said. Iranian Foreign Minister Abbas…
The U.S. military has multiple MQ-9 drones operating in Nigeria alongside 200 troops to provide training and intelligence support to the military, which is fighting Islamist militants across the north, U.S. and Nigerian officials told Reuters. The troops are not integrated within Nigerian units on the frontline and the drones are collecting intelligence and not carrying out airstrikes, officials from the two countries said. However, the U.S. deployment, which follows U.S. airstrikes targeting militants in northwest Nigeria in late 2025, shows the U.S. getting back involved in tackling Islamic State and al Qaeda-linked insurgencies that are spreading across West Africa. The U.S.…
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