Jim Edwards
@Jim_Edwards
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. Formerly: Founder Moneyin2, EIC/News at Business Insider, author of Say Thank You for Everything.
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Joined September 2008
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Elon Musk says he is in favour of free speech.
But it turns out if you say something he doesn’t like, he will sue you.
Fortune decided to do a deep dive into everyone Musk has sued over the last year …
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We found he has filed at least 23 lawsuits in federal courts alone since July of 2023.
Musk has been so legally aggressive that one judge decided his litigation was more about revenge than justice: “This case is about punishing the Defendants for their speech,” the judge said...
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He even managed to find a federal judge in Texas, Reed O’Connor in Fort Worth, to hear his cases.
Guess what…?
O’Connor’s own financial disclosures show he has invested between $15,001 and $50,000 in Tesla stock...
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Read the whole thing here:
Inside Elon Musk’s super-aggressive litigation strategy, which one judge called ‘punishing the defendants for their speech’
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@ITVNewsPolitics
It's almost as if having access to the single market contains some sort of advantage ... 🤔
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New from me: a deep dive on why the media—and the New York Times in particular—were so slow to investigate the Wuhan lab linked to the Covid-19 pandemic.
🧵 The highlights:
3 sources told me they approached the NYT with evidence that a lab leak was plausible, but were ignored.
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@TwitterSupport
If text message 2FA is less secure as this post suggests then why let your paying members use it?
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Read the whole thing here. Grab a coffee. It’s 5000 words long.
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His story was eventually published by the Bulletin of Atomic Scientists and became one of the most influential articles published on the lab:
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Nicholas Wade, the NYT’s former science editor and a current writer for the paper, pitched a lengthy story about the lab’s history — but was shot down:
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The single best account on Twitter right now.
You will not see a greater piece of television than this. Incredible.
#WorldBollardAssociation
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@Gerashchenko_en
So Putin had to give them immunity to stop the coup ... Not exactly a position of strength.
Difficult to see how Prigozhin survives in the long run.
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@NoContextBrits
Michael Fish denying that Britain was about to be hit by a hurricane in 1987
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Richard Ebright of the Rutgers University Department of Chemistry and Chemical Biology kept the NYT informed but felt that reporters didn’t do anything with the info he gave them:
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Milton Leitenberg, a specialist in biological weapons, wrote a lengthy memo for the NYT on the risks the lab was taking. It was ignored.
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Multiple reporters (at various outlets) told me that when they pitched an investigation of the lab to their editors they had to face down false accusations of racism, because President Trump had made the lab into a talking point.
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@maxberger
@nycsouthpaw
@bellingcat
Bellingcat is one of the most crucial news sources on the web and the fact that EM doesn't know that is worrying.
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Donald G. McNeil Jr., the former NYT science writer who left the paper under controversial circs in 2020, tried to poke into the theory that coronavirus may have leaked from the lab but his high-level sources decided not to tell him their suspicions:
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Nicholson Baker, who published one of the best stories on the lab in New York magazine, said he was turned down by almost everyone else:
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@PippaCrerar
Someone should ask her if she believes women should have the right to vote. Just to check!
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Personal news ...
.
@Jim_Edwards
hired by
@FortuneMagazine
to be its global news director. He starts on Monday:
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Tiger Global's $13 billion venture fund discloses 20% loss after crypto startup writedowns
Lost money on:
- OpenSea
- Bored Ape Yacht Club / Yuga Labs
- MoonPay
- Sam Altman’s Worldcoin
- And FTX, obvs
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Alex Mashinsky has finally given his side of the story on the collapse of Celsius, the crypto exchange that held $40 billion at its peak … and he is blaming SBF and FTX.
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This doesn't look good.
You may have heard that a research proposal called DEFUSE lays out a blueprint for the creation of COVID.
You may also know that other scientists brush off DEFUSE because the risky virology was to take place in North Carolina.
Today new docs obtained by me indicate American
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@LeeAndersonMP_
I can't believe the Times tried to suppress this by putting it in the newspaper and on the website.
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Fascinating lawsuit discusses Coinbase board’s confidential plan to go public two years ago> The process was given the internal nickname “Project Fall Fruits”.
The project was indeed, er, fruitful. Look who got rich:
$COIN
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My dog lobbied parliament today at the All-Party Parliamentary Dog Advisory Welfare Group, pushing for better laws around rescue dogs and dog sales.
@rescuedogcharley
#UKRescue
#APDAWG
.
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@kadhim
The problem here is that many customers think they are depositing into an account like a bank. They're not. They're entering an investment contract in which their stake can go to zero.
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Long story short: It wasn't securities fraud, it was external factors like collapsing crypto prices wot done it.
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@WestminsterWAG
Yeah but those of us who invested in
@GreggsOfficial
vegan sausage rolls when they were just £2 are laughing at our investment gains.
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@Gerashchenko_en
Can Wagner keep this up given how stretched they will be by the time they get there?
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@AlexofBrown
National service in WW2 produced a generation that voted Labour, created the NHS, and nationalised all the key industries.
I'm not sure the Tories have thought this through!
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In a response to the NY lawsuit on securities law violations,
@Mashinsky
says: “The complaint...parrots misinformation online about Mashinsky and Celsius and borrows others’ baseless conclusions, demonstrates a fundamental misunderstanding of Celsius...and Mashinsky’s role."
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Coinbase tightly scheduled bad news *after* insiders started selling, the suit claims:
April 14, 2021: $COIN goes public at over $380/share.
April 14-22: $COIN insiders sell $2.9B in shares.
May 18: $COIN discloses revenues are “compressed” and it will issue dilutive notes.
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@brian_armstrong
Surely staking fails the Howey test? It involves a transaction that promises investment rewards based on the effort of others.
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@AdamBienkov
If any other reporter published a story based on personal whatsapps from a source who had them sign an NDA ... AND they have a conflict of interest with that source because they wrote a book together ... they'd be fired, surely?
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Philippines’ first male Olympic gold medalist in history will receive free ramen, restaurants, and colonoscopies for life.
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FTX lawyers sue Bankman-Fried over fintech they now say is 'worthless'
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@maxwelltani
Oof this is tough. If any of my former colleagues need help or advice or networking contacts - please don't hesitate to get in touch. ♥️
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@arothmanhistory
"It was probably used for ritual purposes" is historian-speak for "I don't know".
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@CApressoffice
@thetimes
If you want farming to be sustainable, then you want to transition away from meat and dairy which are destroying the environment.
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If it's true that Sudafed doesn't actually work (as an FDA panel recently declared) then I gotta say it has a powerful placebo effect. At least on me.
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My first byline for DL News!
"‘Best regards and HODL on!’: Celsius customer’s fury as $100,000 in Bitcoin trapped in collapsed crypto lender" at
@DLNewsInfo
:
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An anti-remote work Australian mining CEO wants workers to stop stepping out for coffee: ‘I want to hold them captive all day long’
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"In our discovery, Taylor Swift actually asked them, 'Can you can you tell me that these are not unregistered securities?’” Moskowitz said. Swift reportedly came close to inking a $100 million sponsorship deal with FTX, but the partnership never materialized."
Taylor Swift did her homework on FTX, dodged a bullet, says lawyer suing Tom Brady, Shaq
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My latest for Press Gazette: Alyson Shontell on bringing Fortune out of the dark age and into the digital
@ajs
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Jerome Powell signals ‘the time has come’ to cut U.S. interest rates
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Drug dealer pardoned by Trump arrested again for assault.
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📣 Some personal news …
If you read Press Gazette today you’ll know that I’m launching a startup with Julian Childs, the former international revenue chief of Business Insider:
- It’s called Moneyin2:
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@ShackletonCI
My proposed rules for AI:
Never allow an AI to control its own on/off switch.
Never give them opposable thumbs.
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First Google core update of 2024 brings bad news for most news publishers
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@sgfmann
Clearly the nation's No.1 priority should be making sure a football commentator only says things the government agrees with.
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The Korean version of "Say Thank You for Everything" has just gone on sale! And as you can see, my Korean publishers took a whole new angle with the cover, changing everything including the title and the colour scheme.
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@mollyelwood
I once went to a place where the vegan special was basically asparagus cooked two different ways.
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@isabelhunter
@VitalikButerin
@sandeepnailwal
@CryptoRelief_
Of the "$1 billion" only $58 million actually got spent!
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Beyond Meat rolls out a new product not intended to replicate beef, pork, or poultry
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Warren Buffett’s Berkshire Hathaway dumps $75.5 billion worth of stock and halves Apple stake
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The Mill took a seed round of £350,000 and look who
@joshi
got as investors: Mark Thompson, the publisher of Axios, and Snap's strategy chief.
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Joe Biden drops out of re-election race and backs VP Kamala Harris to replace him on ticket
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The SEC is telling Binance it clearly believes crypto is covered by securities law.
This is important because crypto natives often believe their new and innovative technology is somehow not covered by existing regulations.
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@eking0x
Carl Sagan wrote Contact precisely to explain why this kind of thing is nonsense.
It's also a really good book.
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Call me old fashioned but I do think that a woman should be allowed to win the World Cup without being immediately sexually assaulted and threatened with legal action.
Luis Rubiales: Spanish FA will take legal action over Jennifer Hermoso 'lies'
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Steve Jobs was wrong. Finding work that you love might be the worst thing you can do
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Rupert Murdoch is going to court to push his 3 more liberal kids out of his Fox and News Corp media empires
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@joshi
: “One of the things that makes Birmingham attractive to launch a new title in is that the main newspaper is owned by Reach. Because we know-from Manchester, from Liverpool-that loads of people really hate having a local newspaper that’s Reach.”
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