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Elon Musk defends tweets in SEC’s contempt proceedings – TechCrunch

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Tesla CEO Elon Musk argued Friday that his Twitter use did not violate a settlement agreement with the U.S. Securities and Exchange Commission and that the agency’s request to have him held in contempt is based on a “radical interpretation” of the order, according to court papers filed in Manhattan federal court.

The SEC has asked a judge to hold Musk in contempt for violating a settlement agreement reached last year over Musk’s now infamous “funding secured” tweet. Under that agreement, Musk is supposed to get approval from Tesla’s board before communicating potentially material information to investors.

Musk contends he didn’t violate the agreement and that the problem lies in the SEC’s interpretation, which he describes as “virtually wrong at every level.” The filing also reveals new details about the settlement negotiations, notably that the SEC sent Musk a draft agreement that would have required him to obtain pre-approval for all public statements related to Tesla, in any format.

Musk and Tesla never agreed to those terms. Instead, Musk says the agreement requires him to comply with Tesla own policy, which would require pre-approval for “written communications that contain, or reasonably could contain, information material to the company or its shareholders.”

The barbs traded via court filings are the latest in an escalating fight between the billionaire entrepreneur and SEC that began last August when Musk tweeted that he had “funding secured” for a private takeover of the company at $420 per share.  The SEC filed a complaint in federal district court in September alleging that Musk lied.

Musk and Tesla settled with the SEC last year without admitting wrongdoing. Tesla agreed to pay a $20 million fine; Musk had to agree to step down as Tesla chairman for a period of at least three years; the company had to appoint two independent directors to the board; and Tesla was also told to put in place a way to monitor Musk’s statements to the public about the company, including via Twitter.

But the fight was re-ignited last month after Musk sent a tweet on February 19 that Tesla would produce “around” 500,000 cars this year, correcting himself hours later to clarify that he meant the company would be producing at an annualized rate of 500,000 vehicles by year end.

The SEC argued that the tweet sent by Musk violated their agreement. Musk has said the tweet was “immaterial” and complied with the settlement.

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ARK: Ultimate Survivor Edition Review For Nintendo Switch: Fight For Your Fun

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Whether you’re playing the standard version of “ARK” or this new all-in-one Switch port, the fundamental game is the same: Your character wakes up in a semi-random spot on your chosen map, then you get to work crafting survival implements and putting together a shelter. Eventually you branch out into bigger and better stuff, and even start to tame dinosaurs to act as mounts, protectors, or specialized material gatherers.

Gather materials and supplies, craft tools and gear, level-up to learn more crafting recipes, gather more materials, craft better stuff, and so on. All while balancing your character’s need for food and water, navigating extreme temperatures, and trying not to get eaten by prehistoric animals. Comparing it to “Minecraft” might seem disingenuous, but the game runs on similar principles.

Some things are a bit more complicated in “ARK,” however, even without the need for terrain manipulation found in “Minecraft.” There are a lot of status effects to consider (get too warm, too cold, poisoned, knocked out, broken bones), and you have to craft everything — including the parts needed to build yourself a home. It’s a satisfying enough feedback loop of steady progression, but it also feels a bit hamstrung by its history.

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The Apple Watch Ultra’s Oceanic+ App Just Landed

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Apple broke the good news in a blog post, talking about the new Oceanic+ app as well as its creation process. Made through a collaboration with Huish Outdoors, the app is meant to turn the Apple Watch Ultra into a proper diving computer fit to serve even serious divers. Prior to the launch of Oceanic+, the watch came equipped with basic software called “Depth.” This allowed divers to check current depth, the temperature of the water, maximum depth reached, and how long they’ve been underwater. The new release expands those options considerably.

Apart from the above, Oceanic+ unlocks a lot of useful trackers. You’ll be able to track no-decompression time, how long it will take you to reach the surface, the gas mix currently in use for scuba divers, haptic feedback, a dive planner, and how fast you’re ascending when it’s time to swim back up to the surface. More importantly, the app comes with color-coded warnings. Moreover, if you use Oceanic+ on the iPhone, it will also provide some extra information about your dive.

The app is available for the Apple Watch Ultra as long as you’re running watchOS 9.1 or later. It also needs to be paired with at least an iPhone 8 (or later) running iOS 16.1 and above. You can access a lot of its features for free, but if you want the premium version, it will cost you $9.99 a month, or $79.99 a year.

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Miles Teller’s Vintage Ford Bronco Truck Is Incredible

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Miles Teller’s vintage Bronco looks to be in immaculate condition, with every detail looked after (via Daily Mail). The car looks fantastic and is likely a dream to handle out on the open road.

Teller’s Bronco appears to incorporate time-accurate details from the lights to auxiliary additions like the side mirrors and windshield wipers. Similarly, the windows and windshield are period-accurate for the 1960s models and don’t make use of rounded edges or faces. Ford states that the windshield was adjustable for a brilliant day of driving — Laying the windshield down flat against the hood and locking it into place allows for completely free flowing of air through the vehicle. It’s unclear whether Teller’s Bronco retains this capability, but the car looks stunning, nonetheless.

His Bronco is painted in a light blue shade and the tone simply pops in the sunlight. It’s clear that his vehicle is cleaned and polished regularly, including the undercarriage that makes the project of mobility possible. Daily Mail reports that a vintage Bronco (excluding specialty vehicles, like Big Oly) is typically valued between $8,000 and as much as $40,000. This makes owning a piece of history and adding improvements to match Teller’s aesthetic something that many car owners can actually accomplish if they wish.

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