Author name: 9u50fv

honda-will-sell-off-historic-racing-parts,-including-bits-of-senna’s-v10

Honda will sell off historic racing parts, including bits of Senna’s V10

Honda’s motorsport division must be doing some spring cleaning. Today, the Honda Racing Corporation announced that it’s getting into the memorabilia business, offering up parts and even whole vehicles for fans and collectors. And to kick things off, it’s going to auction some components from the RA100E V10 engines that powered the McLaren Honda MP4/5Bs of Ayrton Senna and Gerhard Berger to both F1 titles in 1990.

“We aim to make this a valuable business that allows fans who love F1, MotoGP and various other races to share in the history of Honda’s challenges in racing since the 1950s,” said Koi Watanabe, president of HRC, “including our fans to own a part of Honda’s racing history is not intended to be a one-time endeavor, but rather a continuous business that we will nurture and grow.”

The bits from Senna’s and Berger’s V10s will go up for auction at Monterey Car Week later this year, and the lots will include some of the parts seen in the photo above: cam covers, camshafts, pistons, and conrods, with a certificate of authenticity and a display case. And HRC is going through its collections to see what else it might part with, including “heritage machines and parts” from IndyCar, and “significant racing motorcycles.”

Honda will sell off historic racing parts, including bits of Senna’s V10 Read More »

big-brands-are-spending-small-sums-on-x-to-stay-out-of-musk’s-crosshairs

Big brands are spending small sums on X to stay out of Musk’s crosshairs

According to data from Emarketer, X’s revenue will increase to $2.3 billion this year compared with $1.9 billion a year ago. However, global sales in 2022, when the group was known as Twitter and taken over by Musk, were $4.1 billion.

Total US ad spend on X was down by 2 percent in the first two months of 2025 compared with a year ago, according to data from market intelligence group Sensor Tower, despite the recent return of groups such as Hulu and Unilever.

American Express also rejoined the platform this year but its ad spend is down by about 80 percent compared with the first quarter of 2022, Sensor Tower said.

However, four large ad agencies—WPP, Omnicom, Interpublic Group, and Publicis—have recently agreed on deals, or are in talks, to set annual spending targets with X in so-called “upfront deals,” where advertisers commit to purchasing slots in advance.

X, WPP, Omnicom, and Publicis declined to comment. Interpublic Group did not respond to a request for comment.

Fears have risen within the advertising industry after X filed a federal antitrust lawsuit last summer against Global Alliance for Responsible Media, a coalition of brands, ad agencies, and some companies including Unilever, accusing them of coordinating an “illegal boycott” under the guise of a brand safety initiative. The Republican-led House of Representatives Committee on the Judiciary has also leveled similar accusations.

Unilever was dropped from X’s lawsuit after it restarted advertising on the social media platform in October.

Following discussions with their legal team, some staff at WPP’s GroupM now feel concerned about what they put in writing about X or communicate over video conferencing given the lawsuit, according to one person familiar with the matter.

Another advertising executive noted that the planned $13 billion merger between Omnicom and Interpublic had been delayed by a further request for information from a US watchdog this month, holding the threat of regulatory intervention over the deal.

Big brands are spending small sums on X to stay out of Musk’s crosshairs Read More »

corning’s-new-ceramic-glass-might-save-your-next-phone-from-disaster

Corning’s new ceramic glass might save your next phone from disaster

This is not Corning’s first swing at adding ceramic to the mix—the company is also responsible for Apple’s Ceramic Shield glass, which has been used on the company’s high-end phones since 2021. Apple fans have been largely impressed with the strength of Ceramic Shield, too. With the debut of Gorilla Glass Ceramic, we’ll be seeing Android phones with ceramic protection. However, we expect this to be a material for more expensive devices.

The glass sandwich

It may seem odd that the industry spends so much time developing stronger glass instead of moving to other, less fragile materials in phones, but there are reasons to use it. Glass is less prone to scratching compared to plastic, so it’s natural to expect it on the screen side. Using glass for the back of a phone enables wireless charging and magnetic attachment, which people have come to expect in premium phones. Using glass can improve wireless signal strength compared to fully metal bodies, too.

Pixel 9 pro XL back

Putting glass inside an aluminum frame makes phones extremely hard to bend.

Credit: Ryan Whitwam

Putting glass inside an aluminum frame makes phones extremely hard to bend. Credit: Ryan Whitwam

Glass also has some mechanical advantages you might not realize. Remember bendgate, when Apple’s sleek aluminum phones would acquire banana-like bends simply from riding around in your front pocket? That doesn’t happen anymore because most high-end (i.e., not plastic) phones have adopted the glass sandwich design. Glass has low tensile strength, which is why it cracks when struck, but its compressive strength is off the chart. So placing a pane of strengthened glass inside a metal frame makes the device extremely stiff and resistant to bending. There are trade-offs, but everyone adopted the glass sandwich for a reason.

We’re interested to see if Gorilla Glass Ceramic makes handling a phone less precarious. Corning announces new versions of Gorilla Glass regularly, but you won’t always see its latest materials across the board. In this case, Corning says Motorola will be the first to offer it “in the coming months.” Presumably, that means it will be used on the exterior of the next foldable Razr.

Corning’s new ceramic glass might save your next phone from disaster Read More »

elon-musk’s-x-has-a-new-owner—elon-musk’s-xai

Elon Musk’s X has a new owner—Elon Musk’s xAI

Elon Musk today said he has merged X and xAI in a deal that values the social network formerly known as Twitter at $33 billion. Musk purchased Twitter for $44 billion in 2022.

xAI acquired X “in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt),” Musk wrote on X today.

X and xAI were already collaborating, as xAI’s Grok is trained on X posts. Grok is made available to X users, with paying subscribers getting higher usage limits and more features.

“xAI and X’s futures are intertwined,” Musk wrote. “Today, we officially take the step to combine the data, models, compute, distribution and talent. This combination will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach.”

Musk said the combined company will “build a platform that doesn’t just reflect the world but actively accelerates human progress.”

xAI and X are privately held. “Some of the deal’s specifics were not yet clear, such as whether investors approved the transaction or how investors may be compensated,” Reuters wrote.

The reported value of the company formerly called Twitter plunged under Musk’s ownership. Fidelity, an X investor, valued X at less than $10 billion in September 2024. But X’s value rebounded at the same time that Musk gained major influence in the US government with the inauguration of President Donald Trump.

On the AI front, Musk has also been trying to buy OpenAI and prevent the company from completing its planned conversion from a nonprofit to for-profit entity.

Elon Musk’s X has a new owner—Elon Musk’s xAI Read More »

google-discontinues-nest-protect-smoke-alarm-and-nest-x-yale-lock

Google discontinues Nest Protect smoke alarm and Nest x Yale lock

Google acquired Nest in 2014 for a whopping $3.4 billion but seems increasingly uninterested in making smart home hardware. The company has just announced two of its home gadgets will be discontinued, one of which is quite popular. The Nest Protect smoke and carbon monoxide detector is a common fixture in homes, but Google says it has stopped manufacturing it. The less popular Nest x Yale smart lock is also getting the ax. There are replacements coming, but Google won’t be making them.

Nest launched the 2nd gen Protect a year before it became part of Google. Like all smoke detectors, the Nest Protect comes with an expiration date. You’re supposed to swap them out every 10 years, so some Nest users are already there. You will have to hurry if you want a new Protect. While they’re in stock for the moment, Google won’t manufacture any more. It’s on sale for $119 on the Google Store for the time being.

The Nest x Yale lock.

Credit: Google

The Nest x Yale lock. Credit: Google

Likewise, Google is done with the Nest x Yale smart lock, which it launched in 2018 to complement the Nest Secure home security system. This device requires a Thread-enabled hub, a role the Nest Secure served quite well. Now, you need a $70 Nest Connect to control this lock remotely. If you still want to grab the Nest x Yale smart lock, it’s on sale for $229 while supplies last.

Smart home hangover

Google used to want people to use its smart home devices, but its attention has been drawn elsewhere since the AI boom began. The company hasn’t released new cameras, smart speakers, doorbells, or smart displays in several years at this point, and it’s starting to look like it never will again. TV streamers and thermostats are the only home tech still getting any attention from Google. For everything else, it’s increasingly turning to third parties.

Google discontinues Nest Protect smoke alarm and Nest x Yale lock Read More »

study-of-lyft-rideshare-data-confirms-minorities-get-more-tickets

Study of Lyft rideshare data confirms minorities get more tickets

Then, the researchers got data on all the speeding tickets issued in Florida and identified the ones belonging to Lyft drivers.

The data showed one thing clearly: Lyft has incentives for its drivers to avoid traffic violations, and they work. “Compared with the general population of motorists, our sample is less prone to speed, especially more than 10 mph over the limit,” the team writes. “As a result, our analysis examines only 1,423 citations for speeding.” While lower than you’d expect, that’s more than enough to do some statistics on the frequency of these citations.

Animus

There’s a lot of confounding factors that might influence whether someone gets pulled over and cited, like their gender, the make of their car, and so on. The researchers handle this in two ways. For one analysis, the researchers themselves chose a set of factors to include as potential confounding influences in an analysis. For the second, they relied on machine learning to determine the factors that would be considered in the analysis. Both approaches led to similar results.

The results clearly reproduced a similar pattern to earlier research. Minority Lyft drivers were about 30 percent more likely to be pulled over and cited for speeding (the two analyses produced results of 24 and 33 percent). Once cited, they were also likely to receive higher fines, either 23 or 34 percent more than white drivers.

The remaining question was why—the police could potentially be acting out of bias, or they could be attempting to deter minority drivers because they are more prone to problematic driving. So, the researchers compared the actual frequency of speeding based on the GPS data and used accidents as a proxy for problematic driving habits. Neither of these showed any significant differences between minorities and white drivers.

So, the researchers are left to conclude it’s simply because of what they call “animus” against minority drivers on the part of the police. And the problems go well beyond the impact of the fines themselves. The researchers note that most auto insurance policy providers give drivers discounts for avoiding traffic violations. Which suggests that minorities face the additional burden of paying more simply for being able to drive with insurance, something that’s legally required by US states.

Science, 2025. DOI: 10.1126/science.adp5357  (About DOIs).

Study of Lyft rideshare data confirms minorities get more tickets Read More »

newer-kindles-get-a-work-around-for-touchscreen-page-turning-in-new-software-update

Newer Kindles get a work-around for touchscreen page-turning in new software update

All Kindles that get the 5.18.1 update also gain access to new book summaries for “thousands of bestselling English language Kindle books,” aiming to make it easier to pick up a new book in an ongoing series.

When a recap is available, it will be accessible from your Kindle’s home page, or by opening the book and selecting “Recaps In This Series” from the menu. Opening a recap will show you a spoiler warning before you tap through. Based on the handful of recaps I could find and skim, there’s a pretty good chance these summaries are mostly AI-generated, but Amazon’s release notes and the Kindle interface don’t say one way or the other.

The 5.18.1 update also includes the typical non-specific “performance improvements, bug fixes, and other general enhancements” for all models. This is the first update to get the Colorsoft and the other Kindles running on the same software version—before now, the other Kindles were all on version 5.17, and the Colorsoft ran a version of 5.18 that wasn’t available for manual download from Amazon’s software update page.

Newer Kindles get a work-around for touchscreen page-turning in new software update Read More »

firm-wins-space-force-funding-to-provide-an-“aircraft-carrier”-in-orbit

Firm wins Space Force funding to provide an “aircraft carrier” in orbit

In recent years the US military has made much of a concept known as tactically responsive launch. This essentially means that if there is some rapidly developing threat in space—say an adversary takes out a key national defense satellite—the military would like the capability to rapidly fuel a satellite on Earth, mate it to a rocket, and launch it into space.

The US Space Force first demonstrated this tactically responsive capability with a launch on Firefly’s Alpha rocket in 2023. As part of this “Victus Nox” test flight, a satellite was encapsulated into a payload fairing and mated to the rocket and completed all final launch preparations within 27 hours.

But what if there were an even faster way to respond? That’s the vision behind a new, $60 million federal award to a new space company named Gravitics for a concept called an orbital carrier.

“In many ways it’s kind of like what an aircraft carrier does,” said Jon Goff, director of advanced concepts for the Seattle-based company.

Shielding satellites

In interviews about the concept with Ars, company officials were fairly vague about specific details of what orbital carriers will be able to do. A news release published on Wednesday morning, highlighting the Strategic Funding Increase, or STRATFI grant from the United States Space Force, also lacks specifics. The Space Force would prefer to keep the vehicle’s operational capabilities under wraps.

But in general, the idea is to provide an unpressurized module in which one or more satellites can be pre-positioned in orbit.

Such a module would isolate the satellites from the space environment, sparing their batteries and sensitive electronics from harsh thermal cycles every 90 minutes, and provide some shielding from radiation. In addition the orbital carrier would obfuscate the satellites inside from observation by other nations or hostile actors in space. Then, when a satellite is needed, it can be deployed into multiple orbits by the carrier.

Firm wins Space Force funding to provide an “aircraft carrier” in orbit Read More »

rfk-jr-claws-back-$11.4b-in-cdc-funding-amid-wave-of-top-level-departures

RFK Jr. claws back $11.4B in CDC funding amid wave of top-level departures

Those departures follow Kevin Griffis, head of the CDC’s office of communications, who left last week; Robin Bailey, the agency’s chief operating officer, left late last month; and Nirav Shah, a former CDC principal deputy director.

Pulled funding

Meanwhile, NBC News reported this afternoon that the Department of Health and Human Services (HHS) is pulling back $11.4 billion in funding from the agency, which it allocated to state and local health departments as well as partners.

NBC reported that the funds were largely used for COVID-19 testing and vaccination, and to support community health workers and initiatives that address pandemic health disparities among high-risk and underserved populations, such as rural communities and minority populations. The funds also supported global COVID-19 projects.

“The COVID-19 pandemic is over, and HHS will no longer waste billions of taxpayer dollars responding to a non-existent pandemic that Americans moved on from years ago,” HHS Director of Communications Andrew Nixon said in a statement. “HHS is prioritizing funding projects that will deliver on President Trump’s mandate to address our chronic disease epidemic and Make America Healthy Again.”

State health departments told NBC News that they’re still evaluating the impact of the withdrawn funding. On Monday, some grantees received notices that read: “Now that the pandemic is over, the grants and cooperative agreements are no longer necessary as their limited purpose has run out.”

Since the public health emergency for COVID-19 was declared over in the US on May 11, 2023, over 92,000 Americans died from the pandemic virus, according to CDC data. In total, the pandemic killed over 1.2 million in the US.

RFK Jr. claws back $11.4B in CDC funding amid wave of top-level departures Read More »

fbi-probes-arson-of-tesla-cars-and-facilities,-says-“this-is-domestic-terrorism”

FBI probes arson of Tesla cars and facilities, says “this is domestic terrorism”

Anarchist blog in FBI’s reading list

The New York Post report said the anarchist blog being eyed by the FBI is run out of Salt Lake City, Utah. “In addition, the FBI identified the site Dogeque.st that has information [for] doxxing Tesla employees and locations across the country and [is] being run out of the African country of Sao Tome,” the news report said.

A Democratic congressman criticized the FBI’s decision to create a task force on Tesla-related crime.

“This is the political weaponization of the DOJ,” wrote US Rep. Dan Goldman (D-N.Y.), who previously served as lead counsel in Trump’s first impeachment trial. “Trump uses his official authority to defend his benefactor Elon Musk. The FBI then creates a task force to use our law enforcement to ‘crack down’ on adversaries of Musk’s.”

“Tesla Takedown” calls for peaceful protest

The New York Post report said the FBI is also “tracking a mass protest called ‘Tesla Takedown’ scheduled for March 29 calling for 500 demonstrations at Tesla showrooms and charging stations.” The group behind the protest is calling for peaceful demonstrations and said it opposes vandalism and violence.

A Tesla Takedown website says the planned demonstrations are part of the group’s “peaceful protest movement. We oppose violence, vandalism and destruction of property.” Tesla Takedown says that “Elon Musk is destroying our democracy, and he’s using the fortune he built at Tesla to do it” and urges people to sell their Teslas, dump their Tesla stock, and join the demonstrations.

CNBC quoted a Tesla Takedown spokesperson as saying that the “movement has been and always will be nonviolent. They want to scare us away from protesting Musk’s destruction—but standing up for free speech is essential to democracy. We will not be deterred.”

Three arrests

US Attorney General Pamela Bondi last week issued a statement highlighting three arrests of suspected arsonists. Each defendant faces five to 20 years in prison if convicted. One defendant threw “approximately eight Molotov cocktails at a Tesla dealership located in Salem, Oregon,” another tried to light Tesla cars on fire with Molotov cocktails in Colorado, and a third in South Carolina “wrote profane messages against President Trump around Tesla charging stations before lighting the charging stations on fire with Molotov cocktails,” the press release said.

“The days of committing crimes without consequence have ended,” Bondi said. “Let this be a warning: if you join this wave of domestic terrorism against Tesla properties, the Department of Justice will put you behind bars.”

FBI probes arson of Tesla cars and facilities, says “this is domestic terrorism” Read More »

after-borking-my-pixel-4a-battery,-google-borks-me,-too

After borking my Pixel 4a battery, Google borks me, too


The devil is in the details.

The Pixel 4a. It’s finally here! Credit: Google

It is an immutable law of nature that when you receive a corporate email with a subject line like “Changes coming to your Pixel 4a,” the changes won’t be the sort you like. Indeed, a more honest subject line would usually be: “You’re about to get hosed.”

So I wasn’t surprised, as I read further into this January missive from Google, that an “upcoming software update for your Pixel 4a” would “affect the overall performance and stability of its battery.”

How would my battery be affected? Negatively, of course. “This update will reduce your battery’s runtime and charging performance,” the email said. “To address this, we’re providing some options to consider. “

Our benevolent Google overlords were about to nerf my phone battery—presumably in the interests of “not having it erupt in flames,” though this was never actually made clear—but they recognized the problem, and they were about to provide compensation. This is exactly how these kinds of situations should be handled.

Google offered three options: $50 cash money, a $100 credit to Google’s online store, or a free battery replacement. It seemed fair enough. Yes, not having my phone for a week or two while I shipped it roundtrip to Google could be annoying, but at least the company was directly mitigating the harm it was about to inflict. Indeed, users might actually end up in better shape than before, given the brand-new battery.

So I was feeling relatively sunny toward the giant monopolist when I decided to spring for the 50 simoleons. My thinking was that 1) I didn’t want to lose my phone for a couple of weeks, 2) the update might not be that bad, in which case I’d be ahead by 50 bucks, and 3) I could always put the money towards a battery replacement if assumption No. 2 turned out to be mistaken.

The naïveté of youth!

I selected my $50 “appeasement” through an online form, and two days later, I received an email from Bharath on the Google Support Team.

Bharath wanted me to know that I was eligible for the money and it would soon be in my hands… once I performed a small, almost trivial task: giving some company I had never heard of my name, address, phone number, Social Security number, date of birth, and bank account details.

About that $50…

Google was not, in fact, just “sending” me $50. I had expected, since the problem involved their phones and their update, that the solution would require little or nothing from me. A check or prepaid credit card would arrive in the mail, perhaps, or a drone might deliver a crisp new bill from the sky. I didn’t know and didn’t care, so long as it wasn’t my problem.

But it was my problem. To get the cash, I had to create an account with something called “Payoneer.” This is apparently a reputable payments company, but I had never heard of it, and much about its operations is unclear. For instance, I was given three different ways to sign up depending on whether I 1) “already have a Payoneer account from Google,” 2) “don’t have an account,” or 3) “do have a Payoneer account that was not provided nor activated through Google.”

Say what now?

And though Google promised “no transaction fees,” Payoneer appears to charge an “annual account fee” of $29.95… but only to accounts that receive less than $2,000 through Payoneer in any consecutive 12-month period.

Does this fee apply to me if I sign up through the Google offer? I was directed to Payoneer support with any questions, but the company’s FAQ on the annual account fee doesn’t say.

If the fee does apply to me, do I need to sign up for a Payoneer account, give them all of my most personal financial information, wait the “10 to 18 business days” that Google says it will take to get my money, and then return to Payoneer so that I can cancel my account before racking up some $30 charge a year from now? And I’m supposed to do all this just to get…. fifty bucks? One time?

It was far simpler for me to get a recent hundred-dollar rebate on a washing machine… and they didn’t need my SSN or bank account information.

(Reddit users also report that, if you use the wrong web browser to cancel your Payoneer account, you’re hit with an error that says: “This end point requires that the body of all requests be formatted as JSON.”)

Like Lando Calrissian, I realized that this deal was getting worse all the time.

I planned to write Bharath back to switch my “appeasement,” but then I noticed the fine print: No changes are possible after making a selection.

So—no money for me. On the scale of life’s crises, losing $50 is a minor one, and I resolved to move on, facing the world with a cheerful heart and a clear mind, undistracted by the many small annoyances our high-tech overlords continually strew upon the path.

Then the software update arrived.

A decimation situation

When Google said that the new Pixel 4a update would “reduce your battery’s runtime and charging performance,” it was not kidding. Indeed, the update basically destroyed the battery.

Though my phone was three years old, until January of this year, the battery still held up for all-day usage. The screen was nice, the (smallish) phone size was good, and the device remained plenty fast at all the basic tasks: texting, emails, web browsing, snapping photos. I’m trying to reduce both my consumerism and my e-waste, so I was planning to keep the device for at least another year. And even then, it would make a decent hand-me-down device for my younger kids.

After the update, however, the phone burned through a full battery charge in less than two hours. I could pull up a simple podcast app, start playing an episode, and watch the battery percentage decrement every 45 seconds or so. Using the phone was nearly impossible unless one was near a charging cable at all times.

To recap: My phone was shot, I had to jump through several hoops to get my money, and I couldn’t change my “appeasement” once I realized that it wouldn’t work for me.

Within the space of three days, I went from 1) being mildly annoyed at the prospect of having my phone messed with remotely to 2) accepting that Google was (probably) doing it for my own safety and was committed to making things right to 3) berating Google for ruining my device and then using a hostile, data collecting “appeasement” program to act like it cared. This was probably not the impression Google hoped to leave in people’s minds when issuing the Pixel 4a update.

Pixel 4a, disassembled, with two fingers holding its battery above the front half.

Removing the Pixel 4a’s battery can be painful, but not as painful as catching fire. Credit: iFixit

Cheap can be quite expensive

The update itself does not appear to be part of some plan to spy on us or to extract revenue but rather to keep people safe. The company tried to remedy the pain with options that, on the surface, felt reasonable, especially given the fact that batteries are well-known as consumable objects that degrade over time. And I’ve had three solid years of service with the 4a, which wasn’t especially expensive to begin with.

That said, I do blame Google in general for the situation. The inflexibility of the approach, the options that aren’t tailored for ease of use in specific countries, the outsourced tech support—these are all hallmarks of today’s global tech behemoths.

It is more efficient, from an algorithmic, employ-as-few-humans-as-possible perspective, to operate “at scale” by choosing global technical solutions over better local options, by choosing outsourced email support, by trying to avoid fraud (and employee time) through preventing program changes, by asking the users to jump through your hoops, by gobbling up ultra-sensitive information because it makes things easier on your end.

While this makes a certain kind of sense, it’s not fun to receive this kind of “efficiency.” When everything goes smoothly, it’s fine—but whenever there’s a problem, or questions arise, these kinds of “efficient, scalable” approaches usually just mean “you’re about to get screwed.”

In the end, Google is willing to pay me $50, but that money comes with its own cost. I’m not willing to pay with my time nor with the risk of my financial information, and I will increasingly turn to companies that offer a better experience, that care more about data privacy, that build with higher-quality components, and that take good care of customers.

No company is perfect, of course, and this approach costs a bit more, which butts up against my powerful urge to get a great deal on everything. I have to keep relearning the old lesson— as I am once again with this Pixel 4a fiasco—that cheap gear is not always the best value in the long run.

Photo of Nate Anderson

After borking my Pixel 4a battery, Google borks me, too Read More »

current-sec-chair-cast-only-vote-against-suing-elon-musk,-report-says

Current SEC chair cast only vote against suing Elon Musk, report says

SEC v. Musk still moving ahead

Before Musk bought Twitter for $44 billion, he purchased a 9 percent stake in the company and failed to disclose it within 10 days as required under US law. “Defendant Elon Musk failed to timely file with the SEC a beneficial ownership report disclosing his acquisition of more than five percent of the outstanding shares of Twitter’s common stock in March 2022, in violation of the federal securities laws,” the SEC said in the January 2025 lawsuit filed in US District Court for the District of Columbia. “As a result, Musk was able to continue purchasing shares at artificially low prices, allowing him to underpay by at least $150 million for shares he purchased after his beneficial ownership report was due.”

The SEC lawsuit against Musk is still moving forward, at least for now. Musk last week received a summons giving him 21 days to respond, according to a court filing.

Enforcement priorities are expected to change under the Trump administration, of course. Trump’s pick to replace Gensler, Paul Atkins, is waiting for Senate confirmation. Atkins testified to Congress in 2019 that the SEC should reduce its disclosure requirements.

Trump last month issued an executive order declaring sweeping power over independent agencies, including the SEC, Federal Trade Commission, and Federal Communications Commission. Trump also fired both FTC Democrats despite a US law and Supreme Court precedent stating that the president cannot fire commission members without good cause.

Another Trump executive order targets the alleged “weaponization of the federal government” and ordered an investigation into Biden-era enforcement actions taken by the SEC, FTC, and Justice Department. The Trump order’s language recalls Musk’s oft-repeated claim that the SEC was “harassing” him.

Current SEC chair cast only vote against suing Elon Musk, report says Read More »