MAN BRUTALISES HIS PREGNANT WIFE IN ANAMBRA . (VIDEO/PHOTO).

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 Man brutalises his pregnant wife in Anambra  In another case of domestic violence, a pregnant woman was brutally beaten by her husband in Ichi, Ekwusigo Local Government Area of Anambra State. The mother of three identified as Chinelo Francis, from Ebonyi State, said trouble began when she requested money from her husband, Peter, to prepare food.  According to the young woman, she had already bought vegetable with the profit she made from her shop. Peter, also from Ebonyi, claimed he didn’t make money that day and took the children home.  He returned to her shop at around 8:00 PM and insisted she close up and come home with him.  She refused, explaining that the time was when she typically made most of her sales.  Later, she closed up her shop, went home at 9:30 PM, prepared the children for bed, and retired. The interviewer urged her to go straight to the point, asking when the assault occurred. The woman said it happened that night.  The attack left...

ELON MUSK FACES CIVIL SECURITIES FRAUD SUIT OVER TWITTER PURCHASE AS HE EYES SPACEX IPO. (PHOTO).


 Elon Musk faces civil securities fraud suit over Twitter purchase as he eyes SpaceX IPO 

Since acquiring Twitter for roughly $44 billion in late 2022, Elon Musk has renamed the platform X, merged it with his artificial intelligence company xAI, and integrated both into his defense and space company, SpaceX. Musk’s next major move could be taking SpaceX public in what would likely be a record-setting IPO, but first, he is confronting legal challenges from his past.

On Wednesday, Musk appeared in federal court in San Francisco to face allegations of civil securities fraud tied to his Twitter purchase. Investors filed a class action in October 2022, claiming Musk manipulated Twitter’s stock to pressure the board into selling at a lower price than initially promised. Musk’s legal team denies any intent to harm Twitter or its shareholders. During the hearing, Musk acknowledged that his tweets can affect stock prices, sometimes unpredictably, and described the market as “manic depressive.” A loss in court could require Musk to compensate former Twitter investors and influence related lawsuits. The SEC has also accused Musk of failing to disclose his Twitter stake in a timely manner, which he acquired before formally offering to purchase the company. Following his bid, Musk publicly criticized Twitter for bots and spam, and briefly threatened to halt the deal pending additional internal data, which contributed to the decline in Twitter’s stock and prompted some investors to sell at lower prices. Musk eventually settled a separate Twitter lawsuit in Delaware to complete the purchase, paving the way for the consolidation of X, xAI, and SpaceX, which is now valued at $1.25 trillion by private investors.


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