The SEC sues Elon Musk, Julian Assange steps down at WikiLeaks and Google launches new travel-planning tools. Here's your Daily Crunch for September 28, 2018. 1. Here is the SEC complaint against Elon Musk and Tesla The Securities and Exchange Commission is suing Elon Musk following the Tesla CEO's tweets involving a planned private takeover of the electric car company at $420 per share. The SEC alleges that "in truth and in fact, Musk had not even discussed, much less confirmed, key deal terms, including price, with any potential funding source." 2. With his internet cut off, Julian Assange steps down as editor of WikiLeaks WikiLeaks' contentious founder Julian Assange will step aside, letting former WikiLeaks spokesperson Kristinn Hrafnsson take the reins due to what the organizations calls "extraordinary circumstances" that have seen Assange "held incommunicado" in London's Ecuadorian embassy. 3. Coinbase now lets users buy 'bundles' and launches its own index for the top 50 coins Coinbase is shaking things up quite a bit lately and its latest tools are geared toward cryptocurrency traders just getting their toes wet. 4. The Zennström manifesto With a "techlash" underway, Atomico founder Niklas Zennström still believes a fourth industrial revolution can save us from the first three. 5. Google launches new travel-planning tools Maybe the most interesting tool, especially if you're planning to travel over the holidays, is a new landing page that shows you when to best book your flights ahead of Thanksgiving, the December holidays and New Year's, based on 2017's price changes. (I probably should have checked this before I bought my Thanksgiving tickets.) 6. Tech In Asia lays off staff after canceling planned ICO The Singapore-based company — which operates a popular blog and events business in Southeast Asia — laid off as many as one-third of its staff after it went back on a plan to raise money from an ICO. 7. Compound launches easy way to short cryptocurrencies Think Ethereum and other crypto coins are overvalued? Now you can make money when their prices fall via Compound. |
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