Elon Musk sued for $258 billion over alleged Dogecoin pyramid scheme | Reuters

I cannot restrain myself – I must share this! In a complaint filed in federal court in Manhattan, plaintiff Keith Johnson accused Musk, electric car company Tesla Inc (TSLA.O) and space tourism company SpaceX of racketeering for touting Dogecoin and driving up its price, only to then let the price tumble. I love a good… Read More Elon Musk sued for $258 billion over alleged Dogecoin pyramid scheme | Reuters

Michael Burry of ‘The Big Short’ reveals a $530 million bet against Tesla

Player Two has tagged in! Burry, one of the first investors to call and profit from the subprime mortgage crisis, is long puts against 800,100 shares of Tesla or $534 million by the end of the first quarter, according to the filing with the U.S. Securities and Exchange Commission. How interesting! He threw in an… Read More Michael Burry of ‘The Big Short’ reveals a $530 million bet against Tesla

Facebook shareholders back proposal to remove Zuckerberg as chairman

The revolt of the non-voting shareholders. Several public funds that hold shares in Facebook Inc on Wednesday backed a proposal to remove Chief Executive Officer Mark Zuckerberg as chairman, saying the social media giant mishandled several high-profile scandals. — Read on http://www.reuters.com/article/us-facebook-shareholders/facebook-shareholders-back-proposal-to-remove-zuckerberg-as-chairman-idUSKCN1MR2GY

Trump departs early from a tense G-7 summit after rattling allies with trade threats

“En garde Madame LaGarde!” America’s allies plan to confront Trump over his trade and climate policies at the G7 summit, which Trump now plans to leave early. Other leaders warned if he refuses to sign onto the goals the group hatches, they will proceed without the U.S., further isolating the country from longtime partners. —… Read More Trump departs early from a tense G-7 summit after rattling allies with trade threats