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JackBeast

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2022-08-30

Wow

Elon Musk Adds Whistleblower as New Reason to Cancel $44 Billion Twitter Deal

2021-09-22

Thats the correct way. Mark should be the visionary person for Facebook and shouldn’t be called upon unnecessarily to answer basic questions.

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2021-09-09

Why should we hold it in US? Is holding it on Hong Kong market better?

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2021-09-02

Small impact

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2021-08-30

Alamak

Go to Tiger App to see more news

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18:13","market":"us","language":"en","title":"Elon Musk Adds Whistleblower as New Reason to Cancel $44 Billion Twitter Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1111470011","media":"Bloomberg","summary":"Whistle-blower claimed he raised questions about user dataLawyers for both Musk and Twitter have subpoenaed ZatkoElon MuskPhotographer: Carina Johansen/AFP/Getty ImagesElon Musk has cited the recent a","content":"<html><head></head><body><ul><li>Whistle-blower claimed he raised questions about user data</li><li>Lawyers for both Musk and Twitter have subpoenaed Zatko</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1fe6f11316acee86972109d524d3128b\" tg-width=\"1000\" tg-height=\"750\" width=\"100%\" height=\"auto\"/><span>Elon MuskPhotographer: Carina Johansen/AFP/Getty Images</span></p><p>Elon Musk has cited the recent accusations from a Twitter Inc. whistle-blower as a new reason to terminate the $44 billion takeover of the social media platform.</p><p>Tesla shares rose 2% while Twitter shares fell 3% in premarket trading.</p><p>Peiter Zatko, Twitter’s ex-head of security, claimed he raised questions about severe shortcomings in the social media company’s handling of users’ personal data, including running out-of-date software and that executives had withheld information about breaches and lack of protections for user data.</p><p>In a filing on Tuesday, lawyers on behalf of Musk said the allegations by Zatko, including “egregious deficiencies” in the platform’s defenses against hackers and privacy issues, meant that Twitter had breached the conditions in the merger agreement.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e31dfecdf853fe27052da2b0330fd9db\" tg-width=\"1000\" tg-height=\"688\" width=\"100%\" height=\"auto\"/><span>Peiter ZatkoPhotographer: Matt McClain/The Washington Post/Getty Images</span></p><p>Lawyers for both Musk and Twitter have subpoenaed Zatko, who also said the social-media platform’s officials didn’t know or care to find out how many accounts were spam or robot accounts.</p><p>Musk is seeking testimony from Zatko to bolster his legal argument he can walk away from the Twitter, who sued Musk in July to force him to complete his proposed acquisition. Since then, more than 100 people, banks, funds and other firms have been subpoenaed in the Delaware suit, with a trial scheduled to begin Oct. 17.</p><p>A Twitter spokesperson could not be reached for comment. The company has previously called Zatko’s complaint “a false narrative about Twitter and our privacy and data security practices that is riddled with inconsistencies and inaccuracies and lacks important context.”</p><p>Musk sent a letter in July claiming that the company’s inability to prove how many bots and spam accounts were on its service was a reason to back out of the deal.</p><p>The new findings add to his claim, according to the letter published Tuesday, showing that Twitter is in “material noncompliance” with obligations around data privacy and consumer protection laws and that the company is vulnerable to data center failures and malicious actors.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Adds Whistleblower as New Reason to Cancel $44 Billion Twitter Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk Adds Whistleblower as New Reason to Cancel $44 Billion Twitter Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-30 18:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-30/elon-musk-sends-letter-to-twitter-adding-reasons-to-terminate-deal><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Whistle-blower claimed he raised questions about user dataLawyers for both Musk and Twitter have subpoenaed ZatkoElon MuskPhotographer: Carina Johansen/AFP/Getty ImagesElon Musk has cited the recent ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-30/elon-musk-sends-letter-to-twitter-adding-reasons-to-terminate-deal\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-30/elon-musk-sends-letter-to-twitter-adding-reasons-to-terminate-deal","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111470011","content_text":"Whistle-blower claimed he raised questions about user dataLawyers for both Musk and Twitter have subpoenaed ZatkoElon MuskPhotographer: Carina Johansen/AFP/Getty ImagesElon Musk has cited the recent accusations from a Twitter Inc. whistle-blower as a new reason to terminate the $44 billion takeover of the social media platform.Tesla shares rose 2% while Twitter shares fell 3% in premarket trading.Peiter Zatko, Twitter’s ex-head of security, claimed he raised questions about severe shortcomings in the social media company’s handling of users’ personal data, including running out-of-date software and that executives had withheld information about breaches and lack of protections for user data.In a filing on Tuesday, lawyers on behalf of Musk said the allegations by Zatko, including “egregious deficiencies” in the platform’s defenses against hackers and privacy issues, meant that Twitter had breached the conditions in the merger agreement.Peiter ZatkoPhotographer: Matt McClain/The Washington Post/Getty ImagesLawyers for both Musk and Twitter have subpoenaed Zatko, who also said the social-media platform’s officials didn’t know or care to find out how many accounts were spam or robot accounts.Musk is seeking testimony from Zatko to bolster his legal argument he can walk away from the Twitter, who sued Musk in July to force him to complete his proposed acquisition. Since then, more than 100 people, banks, funds and other firms have been subpoenaed in the Delaware suit, with a trial scheduled to begin Oct. 17.A Twitter spokesperson could not be reached for comment. 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Mark should be the visionary person for Facebook and shouldn’t be called upon unnecessarily to answer basic questions.","listText":"Thats the correct way. Mark should be the visionary person for Facebook and shouldn’t be called upon unnecessarily to answer basic questions.","text":"Thats the correct way. Mark should be the visionary person for Facebook and shouldn’t be called upon unnecessarily to answer basic questions.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869637513","repostId":"2169658327","repostType":4,"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883002918,"gmtCreate":1631185386934,"gmtModify":1676530490247,"author":{"id":"3586156816377281","authorId":"3586156816377281","name":"JackBeast","avatar":"https://static.tigerbbs.com/5b9e488830be90f3caa40b434e085878","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Why should we hold it in US? Is holding it on Hong Kong market better?","listText":"Why should we hold it in US? Is holding it on Hong Kong market better?","text":"Why should we hold it in US? Is holding it on Hong Kong market better?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/883002918","repostId":"1176538965","repostType":4,"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812807027,"gmtCreate":1630570516569,"gmtModify":1676530343333,"author":{"id":"3586156816377281","authorId":"3586156816377281","name":"JackBeast","avatar":"https://static.tigerbbs.com/5b9e488830be90f3caa40b434e085878","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Small impact&nbsp;","listText":"Small impact&nbsp;","text":"Small impact","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/812807027","repostId":"1117089044","repostType":4,"isVote":1,"tweetType":1,"viewCount":680,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811402206,"gmtCreate":1630334420805,"gmtModify":1676530273704,"author":{"id":"3586156816377281","authorId":"3586156816377281","name":"JackBeast","avatar":"https://static.tigerbbs.com/5b9e488830be90f3caa40b434e085878","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Alamak","listText":"Alamak","text":"Alamak","images":[{"img":"https://static.tigerbbs.com/28a5081807dba68fb2a5bfdbe7fb39a5","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/811402206","isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":812807027,"gmtCreate":1630570516569,"gmtModify":1676530343333,"author":{"id":"3586156816377281","authorId":"3586156816377281","name":"JackBeast","avatar":"https://static.tigerbbs.com/5b9e488830be90f3caa40b434e085878","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Small impact&nbsp;","listText":"Small impact&nbsp;","text":"Small impact","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/812807027","repostId":"1117089044","repostType":4,"repost":{"id":"1117089044","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1630569907,"share":"https://www.laohu8.com/m/news/1117089044?lang=&edition=full","pubTime":"2021-09-02 16:05","market":"us","language":"en","title":"Virgin Galactic shares fell more than 2% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1117089044","media":"Tiger Newspress","summary":"Virgin Galactic shares fell more than 2% in premarket trading.\nThe U.S. Federal Aviation Administrat","content":"<p>Virgin&nbsp;Galactic&nbsp;shares&nbsp;fell&nbsp;more&nbsp;than&nbsp;2%&nbsp;in&nbsp;premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/1b395990443049b36e636697c8f86ae2\" tg-width=\"883\" tg-height=\"594\" referrerpolicy=\"no-referrer\">The U.S. Federal Aviation Administration (FAA) said Wednesday it is investigating a deviation in the descent of the flight of the Virgin Galactic rocket plane that carried British billionaire Richard Branson to the edge of space on July 11.</p>\n<p>The New Yorker magazine earlier reported that the regulator was investigating an off-course descent. An FAA spokesman told Reuters the vehicle \"deviated from its Air Traffic Control clearance as it returned to Spaceport America. The FAA investigation is ongoing.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Virgin Galactic shares fell more than 2% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVirgin Galactic shares fell more than 2% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-02 16:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Virgin&nbsp;Galactic&nbsp;shares&nbsp;fell&nbsp;more&nbsp;than&nbsp;2%&nbsp;in&nbsp;premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/1b395990443049b36e636697c8f86ae2\" tg-width=\"883\" tg-height=\"594\" referrerpolicy=\"no-referrer\">The U.S. Federal Aviation Administration (FAA) said Wednesday it is investigating a deviation in the descent of the flight of the Virgin Galactic rocket plane that carried British billionaire Richard Branson to the edge of space on July 11.</p>\n<p>The New Yorker magazine earlier reported that the regulator was investigating an off-course descent. An FAA spokesman told Reuters the vehicle \"deviated from its Air Traffic Control clearance as it returned to Spaceport America. The FAA investigation is ongoing.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117089044","content_text":"Virgin Galactic shares fell more than 2% in premarket trading.\nThe U.S. Federal Aviation Administration (FAA) said Wednesday it is investigating a deviation in the descent of the flight of the Virgin Galactic rocket plane that carried British billionaire Richard Branson to the edge of space on July 11.\nThe New Yorker magazine earlier reported that the regulator was investigating an off-course descent. An FAA spokesman told Reuters the vehicle \"deviated from its Air Traffic Control clearance as it returned to Spaceport America. The FAA investigation is ongoing.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":680,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869637513,"gmtCreate":1632278666832,"gmtModify":1676530741968,"author":{"id":"3586156816377281","authorId":"3586156816377281","name":"JackBeast","avatar":"https://static.tigerbbs.com/5b9e488830be90f3caa40b434e085878","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Thats the correct way. Mark should be the visionary person for Facebook and shouldn’t be called upon unnecessarily to answer basic questions.","listText":"Thats the correct way. Mark should be the visionary person for Facebook and shouldn’t be called upon unnecessarily to answer basic questions.","text":"Thats the correct way. Mark should be the visionary person for Facebook and shouldn’t be called upon unnecessarily to answer basic questions.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869637513","repostId":"2169658327","repostType":4,"repost":{"id":"2169658327","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1632278040,"share":"https://www.laohu8.com/m/news/2169658327?lang=&edition=full","pubTime":"2021-09-22 10:34","market":"us","language":"en","title":"Facebook overpaid FTC fine as 'quid pro quo' to protect Zuckerberg from liability, shareholders claim","url":"https://stock-news.laohu8.com/highlight/detail?id=2169658327","media":"Dow Jones","summary":"Lawsuits claim directors protected CEO from being held personally liable for Cambridge Analytica bre","content":"<p>Lawsuits claim directors protected CEO from being held personally liable for Cambridge Analytica breach</p>\n<p>Facebook Inc. overpaid billions of dollars to the Federal Trade Commission as part of an agreement to keep CEO Mark Zuckerberg from being personally sued, shareholders claim in a pair of lawsuits.</p>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> separate groups of Facebook (FB) shareholders filed suit Tuesday, Politico first reported, alleging that Facebook's board approved an over-payment on its settlement with the FTC over the Cambridge Analytica scandal to protect Zuckerberg.</p>\n<p>One of the lawsuits claimed that in early 2019, a draft complaint from the FTC named both Facebook and Zuckerberg as defendants.</p>\n<p>The suit cited minutes from a subsequent Facebook board meeting, and claimed \"Zuckerberg, [COO Sheryl] Sandberg, and other Facebook directors agreed to authorize a multi-billion settlement with the FTC as an express quid pro quo to protect Zuckerberg from being named in the FTC's complaint, made subject to personal liability, or even required to sit for a deposition.\"</p>\n<p>Also read:Facebook to review its practice of separate rules for high-profile users</p>\n<p>In July 2019, Facebook agreed to pay the FTC a record fine of $5 billion to settle the investigation into the Cambridge Analytics data breach.</p>\n<p>The suit was filed on behalf of the Employees' Retirement System of Rhode Island and the City of Warwick (R.I.) Retirement System.</p>\n<p>The second lawsuit also claimed Facebook has failed in its obligation to protect the private data of its users, and alleged that the Cambridge Analytics' data scraping was a \"destined consequence\" of Facebook's business plan.</p>\n<p>Plaintiffs in that suit include the California State Teachers' Retirement System, New York's construction and laborers' Local No. 79 general fund, the City of Birmingham (Ala.) retirement system and Firemen's Retirement System of St. Louis.</p>\n<p>Facebook did not immediately respond for a request for comment Tuesday night.</p>\n<p>Facebook shares have fallen 5% over the past week, following a revelatory series of investigations by the Wall Street Journal, which the company called a collection of \"mischaracterizations.\" But the stock is still up 31% year to date, compared to the S&amp;P 500's 16% gain.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook overpaid FTC fine as 'quid pro quo' to protect Zuckerberg from liability, shareholders claim</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook overpaid FTC fine as 'quid pro quo' to protect Zuckerberg from liability, shareholders claim\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-09-22 10:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Lawsuits claim directors protected CEO from being held personally liable for Cambridge Analytica breach</p>\n<p>Facebook Inc. overpaid billions of dollars to the Federal Trade Commission as part of an agreement to keep CEO Mark Zuckerberg from being personally sued, shareholders claim in a pair of lawsuits.</p>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> separate groups of Facebook (FB) shareholders filed suit Tuesday, Politico first reported, alleging that Facebook's board approved an over-payment on its settlement with the FTC over the Cambridge Analytica scandal to protect Zuckerberg.</p>\n<p>One of the lawsuits claimed that in early 2019, a draft complaint from the FTC named both Facebook and Zuckerberg as defendants.</p>\n<p>The suit cited minutes from a subsequent Facebook board meeting, and claimed \"Zuckerberg, [COO Sheryl] Sandberg, and other Facebook directors agreed to authorize a multi-billion settlement with the FTC as an express quid pro quo to protect Zuckerberg from being named in the FTC's complaint, made subject to personal liability, or even required to sit for a deposition.\"</p>\n<p>Also read:Facebook to review its practice of separate rules for high-profile users</p>\n<p>In July 2019, Facebook agreed to pay the FTC a record fine of $5 billion to settle the investigation into the Cambridge Analytics data breach.</p>\n<p>The suit was filed on behalf of the Employees' Retirement System of Rhode Island and the City of Warwick (R.I.) Retirement System.</p>\n<p>The second lawsuit also claimed Facebook has failed in its obligation to protect the private data of its users, and alleged that the Cambridge Analytics' data scraping was a \"destined consequence\" of Facebook's business plan.</p>\n<p>Plaintiffs in that suit include the California State Teachers' Retirement System, New York's construction and laborers' Local No. 79 general fund, the City of Birmingham (Ala.) retirement system and Firemen's Retirement System of St. Louis.</p>\n<p>Facebook did not immediately respond for a request for comment Tuesday night.</p>\n<p>Facebook shares have fallen 5% over the past week, following a revelatory series of investigations by the Wall Street Journal, which the company called a collection of \"mischaracterizations.\" But the stock is still up 31% year to date, compared to the S&amp;P 500's 16% gain.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169658327","content_text":"Lawsuits claim directors protected CEO from being held personally liable for Cambridge Analytica breach\nFacebook Inc. overpaid billions of dollars to the Federal Trade Commission as part of an agreement to keep CEO Mark Zuckerberg from being personally sued, shareholders claim in a pair of lawsuits.\nTwo separate groups of Facebook (FB) shareholders filed suit Tuesday, Politico first reported, alleging that Facebook's board approved an over-payment on its settlement with the FTC over the Cambridge Analytica scandal to protect Zuckerberg.\nOne of the lawsuits claimed that in early 2019, a draft complaint from the FTC named both Facebook and Zuckerberg as defendants.\nThe suit cited minutes from a subsequent Facebook board meeting, and claimed \"Zuckerberg, [COO Sheryl] Sandberg, and other Facebook directors agreed to authorize a multi-billion settlement with the FTC as an express quid pro quo to protect Zuckerberg from being named in the FTC's complaint, made subject to personal liability, or even required to sit for a deposition.\"\nAlso read:Facebook to review its practice of separate rules for high-profile users\nIn July 2019, Facebook agreed to pay the FTC a record fine of $5 billion to settle the investigation into the Cambridge Analytics data breach.\nThe suit was filed on behalf of the Employees' Retirement System of Rhode Island and the City of Warwick (R.I.) Retirement System.\nThe second lawsuit also claimed Facebook has failed in its obligation to protect the private data of its users, and alleged that the Cambridge Analytics' data scraping was a \"destined consequence\" of Facebook's business plan.\nPlaintiffs in that suit include the California State Teachers' Retirement System, New York's construction and laborers' Local No. 79 general fund, the City of Birmingham (Ala.) retirement system and Firemen's Retirement System of St. Louis.\nFacebook did not immediately respond for a request for comment Tuesday night.\nFacebook shares have fallen 5% over the past week, following a revelatory series of investigations by the Wall Street Journal, which the company called a collection of \"mischaracterizations.\" But the stock is still up 31% year to date, compared to the S&P 500's 16% gain.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883002918,"gmtCreate":1631185386934,"gmtModify":1676530490247,"author":{"id":"3586156816377281","authorId":"3586156816377281","name":"JackBeast","avatar":"https://static.tigerbbs.com/5b9e488830be90f3caa40b434e085878","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Why should we hold it in US? Is holding it on Hong Kong market better?","listText":"Why should we hold it in US? Is holding it on Hong Kong market better?","text":"Why should we hold it in US? Is holding it on Hong Kong market better?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/883002918","repostId":"1176538965","repostType":4,"repost":{"id":"1176538965","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1631174811,"share":"https://www.laohu8.com/m/news/1176538965?lang=&edition=full","pubTime":"2021-09-09 16:06","market":"us","language":"en","title":"Most of China concepts stocks fell in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1176538965","media":"Tiger Newspress","summary":"(Sept 9)&nbsp;Most of China concepts stocks fell in premarket trading.","content":"<p>(Sept 9)&nbsp;Most of China concepts stocks fell in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/f1cc6e1e421893d8bebaea0dc552bf76\" tg-width=\"279\" tg-height=\"728\" width=\"100%\" height=\"auto\"></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Most of China concepts stocks fell in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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