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us securities and exchange commission

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FILE PHOTO: Representations of virtual currency Bitcoin are seen in front of Tesla logo in this illustration taken, (REUTERS)

Tesla buys USD 1.5bln in Bitcoin, will accept as payment soon

PTI, Silver Spring
PUBLISHED ON FEB 10, 2021 02:09 PM IST
Electric automaker Tesla said Monday that it has invested around USD 1.5 billion in Bitcoin and it plans to begin accepting the digital currency as payment for its high-end vehicles soon.
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Elon Musk's Tesla announced a $1.5 billion investment in Bitcoin and a plan to accept digital currency as payment for electric cars.(REUTERS)
Elon Musk's Tesla announced a $1.5 billion investment in Bitcoin and a plan to accept digital currency as payment for electric cars.(REUTERS)

Tesla 'aligns' with Xi Jinping's vision in China after years of defiance in US

Bloomberg
PUBLISHED ON FEB 09, 2021 05:30 PM IST
The difference in tone may be a reflection of China’s rising importance to Tesla’s fortunes. Tesla’s local unit has explicitly aligned itself with President Xi Jinping’s economic goals, while Elon Musk continues to be much feistier back home.
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Janet Yellen, who was sworn in as Joe Biden’s Treasury Secretary Jan. 26, said in a staff memo that “fighting illicit finance” would remain part of department’s “usual business” REUTERS/Kevin Lamarque/File Photo(REUTERS)
Janet Yellen, who was sworn in as Joe Biden’s Treasury Secretary Jan. 26, said in a staff memo that “fighting illicit finance” would remain part of department’s “usual business” REUTERS/Kevin Lamarque/File Photo(REUTERS)

Hedge funds risk Biden-Era closing of money-laundering loophole

Bloomberg
UPDATED ON FEB 05, 2021 06:56 PM IST
  • It’s still early days for Joe Biden’s team at the department, which hasn’t spelled out any new money-laundering measures or indicated whether it would revive the 86-page Obama-era proposal for SEC-registered investment advisers who oversee private equity and hedge funds.
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“It’s never been easier to record a meeting when you can do it from your dining room table,” said Jordan Thomas, who now represents tipsters as an attorney at Labaton Sucharow in Washington(Unsplash)
“It’s never been easier to record a meeting when you can do it from your dining room table,” said Jordan Thomas, who now represents tipsters as an attorney at Labaton Sucharow in Washington(Unsplash)

Whistle-Blowing soars to record with Americans working from home

Bloomberg
PUBLISHED ON JAN 12, 2021 07:24 PM IST
The isolation that comes with being separated from a communal workplace has made many employees question how dedicated they are to their employers. What’s more, people feel emboldened to speak out when managers and co-workers aren’t peering over their shoulders.
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Fears and concerns about the spread of coronavirus in the United States have been growing even as the Trump administration has sought to reassure Americans that most of them face a “low” risk of contracting the illness.(REUTERS PHOTO.)
Fears and concerns about the spread of coronavirus in the United States have been growing even as the Trump administration has sought to reassure Americans that most of them face a “low” risk of contracting the illness.(REUTERS PHOTO.)

US regulator warns against companies claiming to have ability to stop coronavirus

By Yashwant Raj | Hindustan Times, Washington
UPDATED ON MAR 02, 2020 11:52 PM IST
The SEC temporarily suspended trading of two companies. In the first case, the regulator said it was concerned about the accuracy and adequacy of information available about the viability of the company’s product to treat the coronavirus. And, in the second, SEC had issues with the company’s “purported international marketing rights” to an approved coronavirus treatment.
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Longfin’s 2017 Form 10-K claimed that its primary source of revenue was from “structured trade finance”, including “the sale of physical commodities”.(HT File Photo/Representative Image)
Longfin’s 2017 Form 10-K claimed that its primary source of revenue was from “structured trade finance”, including “the sale of physical commodities”.(HT File Photo/Representative Image)

Indian CEO charged in US with multi-million dollar accounting fraud

By Press Trust of India | Washington, USA
UPDATED ON JUN 06, 2019 11:36 AM IST
Federal prosecutors alleged that Longfin did not engage in any revenue-producing cryptocurrency transactions, and did not use the blockchain to empower any solutions.
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Musk is just two weeks away from reaching an accord with the US Securities and Exchange Commission, which sued him for fraud posts about trying to take Tesla private.(Reuters/File Photo)
Musk is just two weeks away from reaching an accord with the US Securities and Exchange Commission, which sued him for fraud posts about trying to take Tesla private.(Reuters/File Photo)

Elon Musk courts controversy with tweets on sex video filmed in Tesla

By Craig Trudell | Bloomberg
UPDATED ON MAY 10, 2019 12:11 PM IST
The chief executive officer sent a series of tweets loaded with double entendre Thursday after a video surfaced this week of two people having sex in a Tesla operating on Autopilot.
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Tesla Motors CEO Elon Musk talks at the Automotive World News Congress at the Renaissance Center in Detroit, Michigan.(Reuters File Photo)
Tesla Motors CEO Elon Musk talks at the Automotive World News Congress at the Renaissance Center in Detroit, Michigan.(Reuters File Photo)

Tesla shares fall 14% after US regulators charge Elon Musk with fraud

By Agence France-Presse | New York
UPDATED ON SEP 30, 2018 10:06 AM IST
The case centres on Elon Musk’s now-aborted push to take the company private last month, with the US Securities and Exchange Commission accusing the Tesla CEO of making “false and misleading” statements.
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Beam, which is best known for its Kentucky Straight Bourbon Whiskey, didn’t admit or deny the allegations. The Illinois company traded on the New York Stock Exchange before being acquired by Japan’s Suntory Holdings Ltd. in 2014.(BLOOMBERG NEWS)
Beam, which is best known for its Kentucky Straight Bourbon Whiskey, didn’t admit or deny the allegations. The Illinois company traded on the New York Stock Exchange before being acquired by Japan’s Suntory Holdings Ltd. in 2014.(BLOOMBERG NEWS)

Jim Beam whiskey distributor faces bribery allegations in India

By Ben Bain | Bloomberg
UPDATED ON JUL 03, 2018 12:00 PM IST
In one alleged violation, senior managers at an international Beam unit agreed to pay an Indian official about $18,000 -- the cost of 1,000 standard whiskey bottles in the US -- to grease the approval process for a new product back in 2011
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Shares of Infosys are also listed on the NYSE.(Reuters File Photo)
Shares of Infosys are also listed on the NYSE.(Reuters File Photo)

Infosys denies US probe in whistleblower complaint, says will file key financial documents in time

By Press Trust of India | Press Trust of India, New Delhi
PUBLISHED ON JUN 26, 2018 01:17 PM IST
an anonymous whistleblower has flagged concerns over the firm not filing with the US market regulator the stipulated Form 20F, a key document outlining the financials and key risks to the company, generally filed between May and June.
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