What's trending on social media on July 6, 2023: optical illusion and roller coaster gets stuck.
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SEC Seeks to Ban Musk From Running Public Company
Shares of Tesla dropped after hours Thursday after the Securities and Exchange Commission filed a [lawsuit] (https://www.scribd.com/document/389617044/SEC-vs-MUSK#from_embed) against CEO Elon Musk in federal court, alleging that the billionaire founder committed securities fraud when he tweeted about taking the company private with "funding secured" on Aug. 7. In the complaint, the SEC seeks to bar Musk from being an officer of a public company.
Need 2 Know: Ford Speaks Out, A Breakthrough for Alzheimer’s Research
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Facebook's Bosworth: VR the 'Next Frontier For Human Connection'
Facebook announced its newest VR headset that will ship next year. "Oculus Quest" offers users the same virtual experience, but now users are able to move more freely while wearing the headset. Andrew Bosworth, VP of VR/AR at Facebook, said this is the next step in better connecting people around the world.
Exclusive: New York MTA Chief Outlines L Train Shutdown Plan
In an exclusive interview with Cheddar as part of the debut of Cheddar Rides, MTA Managing Director Ronnie Hakim outlined the plan to keep the 225,000 people who commute between North Brooklyn and Manhattan via the L train moving.
CollegeHumor Bets on the Profane With New Subscription Service
CollegeHumor, the online comedy network, announced the launch of "DROPOUT," a subscription service for uncensored comedy. Richard Cusick, CEO of parent company CH Media, said the platform allows it to provide the kind of content it's known for without self-censoring to be accepted into other streaming or VOD platforms.
SurveyMonkey CEO: We'll Sacrifice Growth for the Product
SurveyMonkey ($SVMK) has been willing to sacrifice some of its top-line revenue growth in the short-term if it means it can funnel more money into its core products, particularly its enterprise software. "That builds a moat around our business," said CEO Zander Lurie on the day of the company's IPO. Shares of SurveyMonkey rose more than 60 percent in their market debut.
Need 2 Know: World Leaders Laugh at Trump, Bill Cosby Sentenced to Jail Time
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Anheuser-Busch Heir Wants to Sell You a Different Kind of Bud
Adolphus Busch V is coming off the launch of ABV Cannabis, a marijuana start-up that operates in Colorado and sells disposable vape pens filled with cannabis oil. Next, Busch says he is looking to bring pre-rolled joints to market. He plans to brand the company as a healthy alternative to the product that made his family unimaginably wealthy.
A Bike Helmet That Looks Like a Baseball Cap
Nearly all of cyclists who die in accidents weren't wearing helmets. Park & Diamond wants to change that. The start-up, which won the Red Bull Launchpad, is building a bike helmet that looks and feels like a regular baseball cap. Co-founders David Hall and Jordan Klein said the helmet is collapsible and light and made of a composite material that makes it as safe as a normal helmet.
