On 30th January 2024, the Court of Chancery of the State of Delaware delivered a 200-page post-trial opinion, in a stockholder derivative action, Tornetta v Musk, invalidating Elon Musk’s $56 billion performance-based equity compensation plan at Tesla, Inc. In immediate reaction, Musk posted on X thus: “Never incorporate your company in Delaware.” He followed it […] The post Elon
By Katharina PISTOR Rulers have always found it hard to accept limits on their power. When the French parliament disputed Louis XIV’s edicts in 1655, the king of France and Navarre is said to have responded: “L’état, c’est moi” (“I am the state”). The ensuing age of absolutism in France ended only with the French […] The post Elon Musk and the absolutist revival
Elon Musk has been ordered to testify for a third time in the probe into his takeover of Twitter, now known as X. US magistrate judge Laurel Beeler issued an order on Saturday night after Musk failed to appear before the Securities and Exchange Commission (SEC) on the arranged date. The judge said Musk “did […] The post Elon
Members of Parliament are now under obligation to recite the national pledge once every workweek to usher in the week. The new order was first implemented on Tuesday, February 6, 2024 at the first sitting of the House for this year. This demand is contained in the new Standing Order, which became effective on January […] The post MPs to recite national pledge once a week appeared first on The
Albania’s Constitutional Court on Monday approved a controversial deal signed with Italy to host two holding centres for migrants rescued in Italian waters. But the agreement has sparked anger among politicians in both countries and human rights groups who describe it as “dehumanising”. The agreement has been condemned by opposition parties in both countries, as […] The post Albania,
A Delaware judge on Tuesday voided the $56 billion pay package of Tesla CEO Elon Musk, ruling that the company’s board of directors failed to prove “that the compensation plan was fair” or show much evidence that they had even negotiated with him. Tesla’s share price slid about 3% in after-hours trading Tuesday following news […] The post Elon Musk’s
The Member of Parliament for South Dayi, Rockson-Nelson Dafeamekpor, has written to the Electoral Commission (EC), asking it to rescind its decision to abandon indelible ink during the 2024 polls. Dafeamekpor has threatened to use every legal means available to compel the EC to reverse the decision should his request be ignored. In a letter […] The post Reverse
Ghanaian gospel musician Chris Paakow Nelson has released his latest single, “Ese,” on January 10, 2024. In the Yoruba dialect, “Ese” translates to “thank you,” encapsulating the essence of gratitude and appreciation. The inspiration for the song arose during a challenging period at the end of 2022 when Chris Nelson found solace in the melody […] The post Gospel
Kwasi Kwaning-Bosompem The Opposition National Democratic Congress (NDC) Member of Parliament (MP) for the South Dayi constituency in the Volta Region, Rockson-Nelson Dafeamekpor, has initiated a court action against Read More... The post NDC
Ghanaian gospel musician Chris Paakow Nelson has released his latest single, “Ese,” on January 10th, 2024. In the Yoruba dialect, “Ese” translates to “thank you,” encapsulating the essence of gratitude and appreciation. The inspiration for the song arose during a challenging period at the end of 2022 when Chris Nelson found solace in the melody […] The post Ghanaian
The Member of Parliament for South Dayi, Rockson-Nelson Dafeamkepor, has filed a lawsuit against Ghana’s Controller and Accountant-General, Kwasi Kwaning-Bosompem, seeking to prevent him from contesting in the New Patriotic Party’s upcoming parliamentary primaries. Mr. Kwaning-Bosompem is aspiring to become the NPP’s parliamentary candidate for the 2024 polls in the Akim Swedru constituency. Some Ghanaians […] The post Dafeamkepor
2023 was marked by many headlines in the entertainment industry. From Mona4Reall’s alleged involvement in a romance scam to Afua Asantewaa’s attempt to break the Guinness World Record for the longest singing marathon. let’s take a retrospective look at some of the major stories that rocked the showbiz scene in the year. 1.Sarkodie buys Akwaboah’s […] The post 2023
Meta’s social media app Threads has launched in the European Union, five months after its release in other parts of the world. It debuted to much fanfare as a rival to Elon Musk’s X, formerly Twitter. But it was not made available in the EU, which has strict rules around data and big tech. Meta […] The post Threads: Meta’s rival to Elon Musk’s X launches
Tesla is recalling more than two million cars after the US regulator found its driver assistance system, Autopilot, was partly defective. It follows a two year investigation into crashes which occurred when the tech was in use. The recall applies to almost every Tesla sold in the US since the Autopilot feature was launched in […] The post Elon Musk’s
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