Judge won’t rubber-stamp Elon Musk’s .5M settlement with SEC over Twitter disclosures

A federal judge on Friday declined to quickly approve the Securities and Exchange Commission’s $1.5 million settlement with Elon Musk over his purchase of Twitter, saying she wants more information about whether the accord is fair and how it was reached. The settlement would resolve an SEC lawsuit accusing Musk of waiting 11 days too long to disclose he had amassed a 5% stake in Twitter, and saving $150 million by the time he revealed a 9.2% stake in April 2022. Musk, the world’s richest person, bought Twitter for $44 billion six months later. US District Judge Sparkle Sooknanan in Washington, DC,…

11 House seats move to GOP’s favor after major redistricting wins for Trump

A midterm election handicapper upgraded Republicans’ chances of winning eleven House races Friday after major redistricting victories for President Trump. The new race ratings released by the nonpartisan Cook Political Report pertain to congressional districts in Virginia, Tennessee and Florida. Four districts in Virginia, where the state Supreme Court ruled…

OnlyFans to sell 16% stake to Architect Capital at B valuation

OnlyFans announced Friday that it reached a deal to sell a roughly 16% stake to Architect Capital that values the porn streaming site at $3.15 billion, after the Silicon Valley investment firm struggled to clinch backers. Fenix International Limited, which owns OnlyFans, said the deal includes a $535 million investment…

Far-left candidate to succeed Nancy Pelosi leads vulgar rally with Hasan Piker

San Francisco congressional candidate Saikat Chakrabarti made millions in tech, and he’s poured almost $5 million of his own wealth into the race to succeed former House speaker Nancy Pelosi. But that didn’t stop the progressive techie — who’s been weirdly shunned by his former boss, Rep. Alexandria Ocasio-Cortez — from…

Joni Lamb, who co-founded one of the largest Christian TV networks, dead at 65

Joni Lamb, who with her late husband founded the Daystar Television Network and guided it to become one of the world’s largest Christian TV networks, died Thursday. She was 65. Lamb, the network’s president, had been suffering from serious health issues before sustaining a back injury that caused her health to deteriorate,…

Former Jets QB Browning Nagle dead at 57 after cancer battle

Former Jets quarterback Browning Nagle died this week after a battle with colon cancer. He was 57. Nagle came to Gang Green following a standout career at Louisville, where he threw for 4,653 yards and 32 touchdowns over two seasons as a starter under Howard Schnellenberger. He led the Cardinals…

Angel Reese trade is already paying off for Dream

The WNBA season hasn’t even started yet and the Dream are already benefiting from the Angel Reese trade. After Atlanta acquired Reese from the Chicago Sky on Monday for two first-round picks, the franchise’s ticket sales have since skyrocketed. Stubhub revealed Thursday that sales spiked by 15 times last season’s…

ABC News announces shake-up at George Stephanopoulos’ ‘This Week’

ABC News is tapping insider Jon Schlosberg to run its flagship Sunday show “This Week with George Stephanopoulos,” installing a streaming-era producer at the helm of its top political program. Schlosberg moves into the job after a five-year stint as senior producer of “Prime with Linsey Davis,” ABC News Live’s…

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