News Summary on Tuesday, August 7th 2018

Elon Musk says taking Tesla private is 'best path,' shares jump

[] Like any other investor, Musk is beholden to securities laws and several securities attorneys told Reuters he potentially could face lawsuits if it was proven he did not have secure financing at the time of his tweet REUTERS/Mike Blake Our Standards:The Thomson Reuters Trust Principles

Theresa May DEMANDS Boris Johnson APOLOGISES over burka comments - 'It's up to the woman'

[] Earlier, Foreign Office Minister Alistair Burt told the BBC of Mr Johnson's article: I would never have made such a comment, I think there is a degree of offence in that, absolutely right And Tory MP Nadine Dorries said the former Foreign Secretary had not gone far enough, adding:  Any clothing a woman is forced to wear which hides both her beauty and her bruises should be banned and have no place in our liberal, progressive country

Michael Cohen is under investigation for tax fraud, report says

[] The former attorney is already under investigation for his business dealings with the US president.

Iran shows defiance as Trump vows 'most biting' US sanctions

[] Iranian protesters angry at worsening economy Speaking to reporters on Tuesday during her trip to Wellington, New Zealand, Mogherini said it is up to Europeans to decide who they want to trade with We are against international sanctions and there is an experience in Iraq that led to the weakening of the country and the people, Iraq's state television quoted Abadi as saying

West Hollywood votes to remove Trump's Walk of Fame star – but there's a snag

[] In his case, though, the star never made it to the sidewalk of Hollywood Boulevard – at least not until he was reconsidered and reinstated 16 years later The mayor, John Duran, at one point rebuked someone in the crowd for making an anti-transgender remark Keep on doing what you’re doing, lefties, he wrote on Twitter

Oil rises as U.S. sanctions on Iran stir supply worries

[] Iraqi Prime Minister Haider al-Abadi said his country opposes sanctions on Iran, but will abide by them to protect its own interests The market continues to price in geopolitical risk from the reimposition of sanctions by the U.S. on Iran, said Gene McGillian, vice president of market research at Tradition Energy in Stamford, Connecticut Our Standards:The Thomson Reuters Trust Principles

Follow live updates as Paul Manafort's right-hand man testifies they committed crimes together

[] Rick Gates said they had committed crimes together by stashing money in foreign bank accounts and falsifying bank loan documents

Mendocino Complex fire: California’s largest ever wildfire in pictures

[] Mendocino Complex Fire: Twin fires on California’s coast have met and exploded into an inferno (Image: AFP/Getty Images) Around than 3,900 fire personnel, including 441 firefighters are now battling the Mendocino Complex Fire, a blaze which has become the state’s largest wildfire in history Environmental activists and some politicians say the intensity of the state's wildfire season could be linked in part to climate change

How a watch a British WWI soldier gave a German captain forged a bond

[] As the other tanks in their troop were knocked out, 'Musical Box' became the lead tank The artillery attack, which only lasted five hours, was the greatest concentration of fire in World War One up to that time – 6,500 guns and 3,500 trench mortars firing along a 46-mile front

Israeli strike kills two Hamas members in Gaza

[] Israel-Gaza tensions: UN envoy in Egypt for ceasefire talks Hamas warned Israel that it would pay for the attack, without elaborating The resistance cannot allow the occupation to impose a policy of bombing sites and targeting fighters without paying the price, it said in a statement Inside Story Will the Hamas-Israel ceasefire hold

While Paul Manafort stared down his former protégé, Rick Gates didn't look at Manafort the entire time he testified against him

[] Gates also admitted to stealing hundreds of thousands of dollars from Manafort by filing fake expense reports, which were then paid from foreign bank accounts illegally concealed from US authorities Gates is continuing his testimony against Manafort on Tuesday

Rosie O'Donnell Baits Trump With Broadway Tunes Protest Outside White House

[] Brian Snyder/ReutersRosie O'Donnell and cast members from Broadway musicals join the Kremlin Annex protest in front of the White House on Monday Philippe Reines (@PhilippeReines) July 16, 2018 Trump was unlikely to have heard Monday’s musical protest, however, as he was reportedly staying at his Bedminster, New Jersey, golf club for the night

Eye Opener at 8: Gates testifies he committed crimes with Manafort

[] A look back at what we've been covering on "CBS This Morning." <a href="" target="_blank"><u>Subscribe to get the Eye Opener delivered straight to your inbox.</u></a>

Trump says anyone trading with Iran will not trade with US - World

[] US President Donald Trump speaks to reporters after signing a proclamation declaring his intention to withdraw from the JCPOA Iran nuclear agreement in the Diplomatic Room at the White House in Washington, US May 8, 2018.[Photo/Agencies] US President Donald Trump said on Tuesday the new US sanctions on Iran were the most biting sanctions ever imposed Anyone doing business with Iran will NOT be doing business with the United States I am asking for WORLD PEACE, nothing less! he tweeted

Hurricane Hector path: When will Hurricane Hector hit Hawaii? NWS latest news

[] Tropical storm force winds are possible across Hawaii County late Tuesday night or Wednesday (Image: CYCLOCANE) Swells generated by Hector are expected to reach southeast and east facing shores of the Big Island and eastern Maui during the next day, likely becoming large by late Tuesday and Wednesday

Burnley transfer news: Joe Hart joins from Man City for £3.5m after 'rocky' few years

[] I was open to anything that came my way and obviously with the circumstances here at Burnley something popped up Tom Heaton, who was also in the England squad before being injured last season, is also at Turf Moor and Hart hopes to use their example to re-ignite his career for club and country Heats and Popey look like they’ve got the best out of themselves here and I want to try and do the same

Stan Kroenke makes offer to take full ownership of Arsenal

[] LONDON – Majority shareholder Stan Kroenke has made an offer to take full ownership of Arsenal in a deal that would value the Premier League club at £1.8 billion ($2.3 billion) Kroenke Sports and Entertainment owns 67 percent of the club and has offered to purchase the 30 percent held by Alisher Usmanov’s Red and White Securities firm

Liverpool vs Torino, friendly: live score updates

[] I convocati per il @LFC 😎 #SFT Torino Football Club (@TorinoFC_1906) August 6, 2018 6:42PM Alisson calling on the Big Man upstairs ahead of Torino clash Liverpool's weakness in the goalkeeper position has been addressed with the purchase of Brazilian Alisson from AS Roma and with Virgil van Dijk having settled in following his move in January, Klopp's side look a much more complete package

Barcelona transfer news: Source reveals Man Utd transfer news - ‘this is SERIOUS’

[] It’s said that he money is there ready to be spent because it was earmarked for the purchase of Antoine Griezmann The Chile international was expected to be joining Inter Milan but has instead opted to play in La Liga But Mina is a target for Manchester United who have still got to find the centre-back who Jose Mourinho has been asking for

Arsenal takeover: Arsenal Supporters’ Trust sends warning over Stan Kroenke bid

[] The most dreadful part of this announcement is the news that Kroenke plans to forcibly purchase the shares held by Arsenal fans Unai Emery was appointed manager in May after the north London club said farewell to Arsene Wenger after 22 years in charge

Papa John Causes Papa John's Sales and Profits to Plunge, Says Papa John's

[] The company had already experienced a decline in its fortunes in 2017, which may have been tied to Papa John’s close association with the NFL, which experienced waves of criticism from all sides for how it handled players who decided to kneel during the playing of the national anthem for what they called a protest of police brutality

Elon Musk proposes taking Tesla private -- and sends shares soaring

[] Musk has had a famously combative relationship with Wall Street, having mocked Tesla's short-sellers on Twitter and joked about Tesla going bankrupt In a May earnings call, Tesla shares slipped after Musk derided boring, bonehead questions from analysts regarding the company's finances -- CBS News' Jillian Harding contributed reporting

Elon Musk explained his going-private tweet to Tesla employees with this email

[] My hope is for all shareholders to remain, but if they prefer to be bought out, then this would enable that to happen at a nice premium Thanks, Elon Read now: Tesla confirms intention to go private, sending stock up 11% We Want to Hear from You Join the conversation Comment

Tesla bonds rally after CEO Musk says he is considering taking the company private

[] Tesla Inc.'s pure high-yield bonds rallied Tuesday, after Chief Executive Elon Musk tweeted that he was considering taking the company private The 5.300% notes that mature in August of 2025 were last trading at 90.399 cents on the dollar to yield 7.058%, or at a yield spread of 409 basis points over Treasurys, a full 53 basis points tighter on the week

What Carl Icahn Said In His Brutal Letter Slamming the Cigna-Express Scripts Deal

[] When Amazon starts to compete as we believe they will, with their 100 million Prime users and scale distribution system, they will have no trouble breaking into the so called ‘ecosystem.’ With lower prices, the beneficiary will be American consumer, not the owners of Express Scripts, wrote Icahn in an underlined section of the letter

Here's what you need to know about Leona Lewis' dancer boyfriend Dennis Jauch

[] Dennis met singer Leona back in 2010 when he was a backing dancer on her tour He then went on to star in her Christmas video for the song One More Sleep The notoriously private star - who won the ITV singing competition in 2006 - is yet to confirm the news

All about the cast of Maniac - Emma Stone and Jonah Hill star

[] Mantleray Getty - Contributor 7 Justin Theroux plays a doctor with a vision in Maniac on Netflix Justin Theroux, 46, is a US actor Her mother is a therapist and the Israeli comedian Tami Gingold It's based on the 2014 Norwegian series of the same name

Futures point to steady start for Asian stocks after Wall Street gains on earnings

[] That came after U.S. President Donald Trump asked U.S. Trade Representative Robert Lighthizer to consider increasing proposed duties on $200 billion of Chinese goods to 25 percent from an earlier announced 10 percent Ahead, July trade data from China is expected at 11:00 a.m. HK/SIN

Why do so many people in France hate wind farms?

[] While these opponents all share wind farms as a common enemy, their grudges couldn't be further apart Some environmentalists also worried about the impact of turbines on wildlife At the end of June, Emmanuel Macron announced that six offshore wind farms had been given the go ahead, and are set to be switched on from 2021

Tourists trapped overnight in 100-metre deep French cave

[] A short drive after your visit and a stop in a local village for soup du jour en vin rouge and, what a day! #trover #discovery #padirac #france🇫🇷 #cave #amazingplaces #travelinspiration #adventuretravel #destinationearth #wanderlusting #discovertheworld #thatview #outdooradventures #nomads #travel_captures A post shared by Travelocity (@travelocity) on Dec 29, 2017 at 5:33am PST On Monday morning, staff were shocked to find the disgruntled tourists at the site

Father and twin daughters die in light plane crash in France

[] The plane crashed and broke up without catching fire, the rescue services said, confirming a report in the local La Montagne newspaper The crash occurred in a mountainous area in the Mazoires commune of the Puy-de-Dome department An investigation has been launched into the cause of the crash

Wife of Japanese journalist held in Syria makes tearful plea for his release

[] The video also prompted some of the journalist's friends and family to form a group to free him, campaigning to boost public awareness of the abduction The Japanese government was criticised for what detractors saw as its flat-footed response to the crisis at the time, including apparently missed opportunities to free both men

Top Trump Campaign Aides Are Portrayed as Corrupt at Manafort Trial

[] The trial of Paul Manafort on bank and tax fraud charges descended on Tuesday into a series of brutal assaults on the character of two of President Trump’s top campaign aides, as prosecutors cast Mr. Manafort as the architect of a sprawling multiyear swindle and defense lawyers portrayed Rick Gates, the prosecution’s star witness, as a serial thief, adulterer and liar But asked about his own misdeeds, you seem to be having such a hard time, Mr. Downing said to Mr. Gates

Woman endured 15 months of rape and sadistic torture in Somalia

[] [and] they brought Nigel out in the same way.'  Emotionally, Lindhout revealed that 'as we drove off there was a gunshot inside the mosque and I still don't know what happened to that amazing woman' 'But actually, our world is just full of such kindness and goodness and compassion and I certainly experience that every day.' Brennan published a memoir the Price of a Life in 2011 while Lindhout's released a memoir, A House in the Sky, in 2013

Biggest blaze in California history challenges firefighters

[] Firefighters struggled against rugged terrain, high winds and an August heat wave Tuesday to slow the spread of the biggest wildfire ever recorded in California, an inferno that exploded to be nearly the size of Los Angeles in just 11 days A blaze in Southern California in December killed two people, burned 440 square miles (1,140 square kilometers) and destroyed more than 1,000 buildings

Brother of boy, 7, 'murdered' in arson attack screamed 'it should have been me'

[] THIS is the innocent boy of seven murdered in a feared gang arson attack on his family home He said: The first person I saw was my daughter in an ambulance I don’t know why anyone would want to attack my family RING on 0207 782 4104 or WHATSAPP on 07423720250 or EMAIL

Gates admits to affair, says Manafort approved shifting money through offshore accounts

[] MUST WATCH Alexandria, Virginia (CNN)Paul Manafort's longtime deputy Rick Gates admitted in court Tuesday to having an extramarital affair a decade ago, and he acknowledged under repeated questioning from Manafort's attorneys that he had embezzled money from his former boss Prosecutors showed emails between Manafort and Gates that appear to confirm Gates' story that Manafort sought to move money that his consulting company had earned from Ukraine through Cypriot accounts

Iran shows defiance as Trump vows 'most biting' US sanctions

[] Iranian protesters angry at worsening economy Speaking to reporters on Tuesday during her trip to Wellington, New Zealand, Mogherini said it is up to Europeans to decide who they want to trade with We are against international sanctions and there is an experience in Iraq that led to the weakening of the country and the people, Iraq's state television quoted Abadi as saying

Mattis calls space a ‘developing war zone,’ mulls creating combatant command before Space Force

[] America’s way of life is dependent on space, NASA administrator Jim Bridenstine told CBS News last month The US currently has six geographic (Africa, Europe, Central, Northern, Southern, Into-Pacific) and four functional combatant commands (Cyber, Strategic, Special Operations and Transportation)

Police accused of giving tacit approval to 'cannabis clubs' across the UK

[] At least two Police and Crime Commissioners have visited or endorsed the clubs, of which there are 160 across the UK Cannabis Clubs first appeared in Britain around seven years ago with the first groups launched by people who used the drug to treat a variety of medical conditions

Paul Manafort sought to reward creditors with favors from Trump campaign: Rick Gates

[] Mr. Manafort’s finances have been under scrutiny during the trial in Alexandria, where the special counsel probing Russian meddling in the 2016 election has indicted the former campaign chairman According to testimony, Mr. Manafort was struggling with cash when he took the Trump campaign job

In stretch of Arizona border, migrant families keep coming

[] (AP) The 3-year-old boy with a bowl haircut and striped shirt silently clung to his father in the back of a U.S. Border Patrol truck He and two others tried crossing the border illegally near San Luis but came back after six hours on foot, when he found it was too hot and dangerous to keep going

A failed drone attack shows that Nicolás Maduro is vulnerable

[] BelloA failed drone attack shows that Nicolás Maduro is vulnerable Venezuela’s president has many enemies IT MAY be sinking ever deeper into slump, misery and corrupt dictatorship, adorned only by threadbare revolutionary rhetoric, but Venezuela has retained a surprising stability A group calling itself Soldiers in T-shirts claimed it

EU will punish own companies if they comply with US sanctions on Iran, says Mogherini aide

[] According to Tocci, the move would show Iranians that the Europeans are serious about keeping the 2015 nuclear deal intact despite Washington's efforts to tear it down Trump, meanwhile, wants a new deal, which would also end Iran's missile program and regional influence ambitions

Gates describes funneling millions through Cyprus accounts

[] Mr. Manafort was quite upset he had not been paid, Gates told jurors as he walked them through an email chain in which his Ukrainian partners sought to mollify Manafort with a partial payment In earlier testimony Monday, Gates read off the names of more than a dozen shell companies he and Manafort set up in Cyprus, St

ICE employee ousted for using job to campaign for Hillary Clinton

[] She even continued the behavior after being approached by ethics watchdogs, the U.S. Office of Special Counsel said in announcing the resignation And they are not supposed to engage in activity that would be seen as using their government position to advocate for or against a candidate

Former Trump Lawyer Michael Cohen Under Investigation for Tax Fraud

[] Mr. Trump has denied having sex with either woman, former Playboy model Karen McDougal and Stephanie Clifford, a former adult-film star known as Stormy Daniels Mr. Freidman pleaded guilty earlier this year to a count of criminal tax fraud stemming from his taxi businesses

EU foreign policy chief calls on firms to defy Trump over Iran

[] On Tuesday it said a representative office will not be continued By focusing on the domestic economy, reforming its structure and facilitating investment, the enemies cannot talk to Iran like that from now on because Iran’s resilience is increasing and this situation offers a good prospect for the country, he said late on Monday, according to the semi-official Tasnim news agency

The 'Cause' of the Deadly Global Heatwave

[] There are clear connections between climate signals and severe weather.

30km/h speed zone to be enforced in Melbourne's inner north

[] The motoring body backs 40km/h zones on a case by case basis but humans have a very poor risk perception, she said Collingwood College principal Sam Luck two staff members had been knocked off their bikes and students had close calls with motorists this year

Blood-soaked mum's harrowing screams as her son, 7, dies in house fire

[] THIS is the first picture of the seven-year-old boy killed in a suspicious house fire in the early hours of this morning Mr Myles, a carpenter who lives nearby, said: He is like my son We just have to be strong and keep comforting the family and do whatever we can to help them Email us at or call 0207 782 4368

Why the endangered green sea turtle is losing its male population

[] The struggle to save the already endangered green sea turtle faces a new challenge Now, the males of the species seem to be disappearing, CBS News' Mark Strassmann reports She says the nests are getting warmer because of the weather and climate change So I have to wait until they're big enough for me to sort of – look under their skirts, Wyneken said

Labour MP who called out anti-Semitism suffers 'Kafkaesque' treatment by party

[] A Labour MP has accused the party of Kafkaesque behaviour in investigating him for criticising Jeremy Corbyn's failings on anti-Semitism Ian Austin said a disciplinary inquiry into his conduct was a farce and a disgrace that had failed to observe the most rudimentary principles of natural justice

Trump warns countries against doing business with Iran

[] US sanctions are being unilaterally reimposed on Iran in waves following Trump's decision to withdraw from the Iranian nuclear deal earlier this year Several international companies have already pulled out of Iran amid growing uncertainty over whether they would face US sanctions for doing business in the country

Donald Trump braces for Robert Mueller's report on Russian meddling (whenever it comes)

[] David Kris At some point, Trump will have to say yes or no, and Mueller can move forward – possibly with a report, possibly with an unprecedented subpoena of a sitting president who refuses to provide testimony Nicholas Kamm, AFP/Getty Images Fullscreen Last SlideNext Slide

Trump warns trading partners over Iran

[] Some re-imposed sanctions took effect overnight and tougher ones relating to oil exports will begin in November Iran's president said the measures were psychological warfare which aimed to sow division among Iranians Mr Trump has called that deal one-sided, disastrous and the worst I've ever seen

Husband of human rights commissioner in alleged bowling club brawl

[] Exclusive National Victoria Crime Husband of human rights commissioner in alleged bowling club brawl By Cameron Houston &amp; Chris Vedelago7 August 2018 5:06pm Normal text sizeLarger text sizeVery large text size The husband of the Victoria's human rights commissioner, Kristen Hilton, will face court this week over the alleged bashing of a barman following a grand final function at the Black Rock Bowling Club last year The club's committee is understood to have immediately suspended Mr Panton's membership, which was later revoked when police launched an investigation

Risk of avalanches in snow country after strong winds, heavy snowfall

[] There will be great turns out there but stick to lower-angled and densely treed terrain, and watch out for terrain traps The SES said ski resorts would undertake avalanche control work to minimise any hazards within resorts and those skiing or snowboarding are asked to use maintained and monitored slopes Friday will be the warmest, with the possibility that Melbourne could hit 20 degrees

LGBT progress in Asia met with conservative pushback

[] TAIPEI/SINGAPORE -- It was a hot and muggy Saturday in mid-July, and Singapore's oasis of green was turning pink Lawmaker Mio Sugita penned an article in which she argued that same-sex couples are unproductive because they do not have children But the mindset of the society as a whole won't change overnight

The most common causes of death where you live

[] If you want to compare the top causes of death in your area with that of the entire nation, here are the top 20 causes of death for all of Australia between 2012 and 2016 If you are troubled by this report or experiencing a personal crisis, you can call Lifeline 131 114 or beyondblue 1300 224 636 or visit or

Homeland Security border wall prototypes fail to account for rough terrain

[] DHS plans to spend billions of dollars developing and deploying new barriers along the southwest border Despite an aggressive schedule and intense pressure to quickly yield results, we are committed to following sound acquisition practices and are focused on deliberative analysis to support our plans, he wrote

Gates Testifies He Stole From Manafort and Helped Him Break Law

[] Tax Authorities Over 75 minutes, prosecutor Greg Andres posed dozens of questions about Gates’s financial crimes and the ways that he worked to help Manafort conceal from his financial professionals and tax authorities LEARN MORE LIVE ON BLOOMBERG Watch Live TV Listen to Live Radio Most Read markets Saudi Slap at Canada Shows Crown Prince's Assertiveness business China Meets Trump’s Tariff Hardball With Pledge to Endure markets Jamie Dimon Warns of 5% Treasury Yields markets PepsiCo's Nooyi to Exit, Thinning the Ranks of U.S. Female CEOs business Power Worth Less Than Zero Spreads as Green Energy Floods the Grid

Tourists evacuated as Indonesia Quake death toll rises - World

[] Footage he posted on Twitter showed the large concrete mosque had pancaked Contact the writers at An injured person is carried to a makeshift ward outside the Moh The death toll from the quake had risen to at least 98 on Monday night

Skip Bayless details why he thinks the Celtics are about to have a Lakers problem (VIDEO)

[] Skip Bayless details why he thinks the Celtics are about to have a Lakers problem Video Details Skip Bayless talks NBA with Shannon Sharpe and Stephen Jackson Hear what he had to say about the Boston Celtics on today's show

Carmelo Anthony, Rockets Reportedly Agree to Contract After Hawks Buyout

[] Garrett Ellwood/Getty Images Carmelo Anthony is moving on to his fourth franchise in less than a year This comes after the Atlanta Hawks bought him out following a deal with the Oklahoma City Thunder earlier this summer When news broke in early July that Anthony would likely be moving on, two teams stood out above all others: the Rockets and the Los Angeles Lakers

Nottingham Forest 1-1 West Brom: Matt Phillips nicks late point for Baggies

[] Forest would have been disappointed after dominating most of the game and nearly doubling their lead from Guedioura's incredible 60-yard effort, but both sides had great chances to win in an end-to-end finale on Tuesday night That moment sparked a frantic finale at the City Ground Nottingham Forest are back at home against Reading and West Brom head to Norwich

Force India rescued from administration by Lawrence Stroll-led new backers

[] In addition to Stroll, the consortium includes Canadian entrepreneur Andre Desmarais, Jonathan Dudman of Monaco Sports and Management, fashion business leader John Idol, telecommunications investor John McCaw Jr, financial expert Michael de Picciotto, businessman Lawrence Stroll and his business partner Silas Chou

Skip Bayless on Baker Mayfield: “reminds me of Tim Tebow” (VIDEO)

[] Skip Bayless on Baker Mayfield: reminds me of Tim Tebow Video Details Skip Bayless discusses the Cleveland Browns on today’s show Skip compares Baker Mayfield’s intangibles to Tim Tebow Skip also says Baker has leadership qualities similar to Tom Brady

Clemson's D-Line ready to prove it's worth the hype

[] This story appears in the Aug. 13, 2018, issue of Sports Illustrated For more great storytelling and in-depth analysis, subscribe to the magazineand get up to 94% off the cover price One person deciding definitely tips the glass in the other direction Even when they’re talking trash to me, I can appre­ciate it

Premier League fixtures live on Sky Sports: Manchester derby, Liverpool v Man City

[] Jose Mourinho will take his Manchester United side to face Pep Guardiola's defending champions on Sunday, November 11 in a 4.30pm kick-off at the Etihad As well as the Manchester showdown, Chelsea's meeting with Everton and Arsenal's trip to Bournemouth are in store in November Mobile users will once again be able to see in-game goals and match highlights

Hurts speaks at last, and Alabama's QB battle is on

[] So now it’s like, when we try and kind of handle the situation now, for me, it’s kind of late The number one thing that you will want to talk about is the quarterback controversy that you’d love to create, that you’ve already created, that you will continue to create, he said of the media Andy Staples Andy Staples Andy Staples

This country is run for home owners, by home owners

[] In the day, we used to rely on the housing commission to take the poor off our conscience Sorry, I’ve looked up the consumer price figures and they don’t compute Kevin Rudd responded with a big one-off increase for all single pensioners, plus an increase for married pensioners so they wouldn’t feel left out

Elon Musk's latest Twitter antics have Tesla hurtling into uncharted territory — and could have legal ramifications for the CEO

[] In his mind, whether Musk did something illegal comes down to the CEO's motive in the manner Now read: One dirty word keeps popping up as Wall Street weighs the next market crash and it should strike fear into the hearts of investors everywhere A $300 billion asset manager says investors are overlooking a huge threat that's building right in front of their eyes Traders keep finding new ways to bet against Tesla Get the latest Tesla stock price here

Chinese online lender delinquencies wipe out $4bn this year

[] The vehicles often lure hapless investors by telling them the assets are backed by the government The benchmark Shanghai Composite Index is trading around 20% below its level at the start of the year Together with the trade war with the U.S., China's problem with creditworthiness has become a drag on stock prices

Tesla shares resume trading, Musk posts blog on why company should go private

[] The stock spiked on the initial news, with shares rising more than 10% as trading resumed Ticker Security Last Change %Chg TSLA TESLA INC Shareholders will have a say Musk said the final decision on whether the company goes private will be subject to a shareholder vote

Duterte sacks top officials of $1.5bn casino project

[] According to Roque, Duterte has also called for a review of Landing's lease contract, which the president described as flawed and was sealed without a public tender process Landing has yet to comment on the presidential spokesperson's announcement, including his remarks that its lease contract with Nayong Pilipino was flawed

Musk Says He Could Take Tesla Private as Saudis Acquire Stake

[] It wasn’t immediately clear how serious the tweet was from Musk, who often posts with his tongue in cheek LEARN MORE Most Read markets Saudi Slap at Canada Shows Crown Prince's Assertiveness markets Turkey’s Cratering Markets Stoke Speculation Over Extreme Measures business China Meets Trump’s Tariff Hardball With Pledge to Endure businessweek Here’s Apple’s Plan to Keep From Losing the World’s Fastest-Growing Smartphone Market markets Jamie Dimon Warns of 5% Treasury Yields

Germany plans further foreign investment curbs

[] Last week a Chinese company, Yantai Taihai, withdrew its bid for Leifeld Metal Spinning, a small German machine tool manufacturer that specialises in materials for the aerospace and nuclear industries, after the government moved to block the deal The new version of the law will also cover companies involved in the interception of telecoms, cloud-computing services, control systems for power plants and power networks, the provision of drinking water or sewage disposal, systems for cash supply and credit cards and the settlement of securities transactions, among other sectors

Greece exits its bail-out programme, but its marathon has further to go

[] A chatty man with a sunny disposition, he started driving a taxi instead, ferrying tourists around Athens and offering travel tips The government bureaucracy and courts were corrupt and inefficient We have a great history, Mr Vourvoulakis says in Athens, as he drives through the old town

European shares seen slightly higher as Commerzbank and Deutsche Post report earnings

[] Prime Minister Theresa May is set to meet with Scottish First Minister Nicola Sturgeon on Tuesday On the data front, France and Germany are both due to release balance of trade and current account figures, with the latter also publishing industrial production data

Gov't to cut 19.5% of residential electricity bills for July-August

[] Under the support measure, the baseline will be upgraded to 300 kWh and the ceiling of the second stage will rise to 500 kWh over the two-month period, the ministry said The government also offered to expand discounts for low-income families and households with babies to help them stay safe in the extreme summer weather Schools, agriculture and commercial users make up the rest, according to KEPCO

Chinese automakers cut in on Japanese rivals in Indonesia

[] DFSK is even more of a newcomer, having released its Glory vehicle in July The seven-seater has been branded as an SUV, further blurring the line between minivans and SUVs in Indonesia Hiroshi Kotani, Nikkei staff writer in Jakarta, contributed to this report

President Xi&apos;s quotes on sports and Olympics

[] Aug 8 marks the 10th anniversary of the 2008 Beijing Olympic Games. Today we look at what President Xi Jinping has said about sports to see the spirit of sports in his eyes.

Putin Appoints Steven Seagal Special Envoy to United States

[] Out for justice, the US and others imposed harsh sanctions against Russia, while the Ukrainian army has found itself on deadly ground facing off with Russian forces throughout the disputed region I have worked tirelessly in this direction for many years unofficially and I am now very grateful for the opportunity to do the same thing officially

Vizio's SB362An-F6 review: Incredible sound from a $100 bar

[] 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

Pigs Will Fly Before Hostile, Hubristic, Agreement-Incapable Empire Peels Russia Away From China

[] Trump’s own top officials openly press him not only on bogus 2016 meddling but already accusing Moscow of interfering in advance in the 2018 Congressional vote with the intent, without any sense of irony, to undermine our democracy Along with getting control of our borders and restoring America’s industrial base eroded by bad trade policies, that must mean completing his demolition of the failed neoliberal order of which the US has been the guarantor and enforcer

Paris vandals deface plaque to executed French gay couple

[] They were the last couple to be put to death for homosexuality, which was decriminalised in 1791 Cet acte ne fait que renforcer notre détermination à lutter contre les discriminations Hidalgo, a Socialist, said she was shocked by this latest shameful demonstration of homophobia

PURGED: Facebook Permanently Bans Inforwars After Intense Lobbying by Mainstream Media Competitors

[] Regardless of the facts in this case, the ability of Facebook to censor rivial publishers is a global anti-trust problem, which along with San Francisco cultural imperialism, reduces political diversity Paul Joseph Watson (@PrisonPlanet) August 6, 2018

'Airi-chan,' the flower named to honor girl killed in 2011 tsunami

[] On March 11, 2011, 6-year-old Airi Sato was aboard a kindergarten bus in a coastal area of Ishinomaki, Miyagi Prefecture, when the magnitude-9.0 Great East Japan Earthquake struck Trademark registration has been obtained for the flower's new name We hope that when people see this flower, it will increase disaster preparedness awareness, a company official said

A Russian-American Alliance vs China Is an Absurd Proposition. The US Is a Declining Power With Little to Offer

[] It concludes that the only conceivable reason could be that although Russia is not an economic power, it has retained influence on the global stage due to military power: Trump has repeatedly stressed that Russia and the US are the two biggest nuclear powers in the world, with their combined nuclear arsenal accounting for 90 percent of world’s total, and thus the US must live in peace with Russia

Global Warming Is Coming and Russia for One Is Rejoicing

[] In reality, I think the increase will be even steeper, because the loss of Arctic sea ice is proceeding far faster than even the most pessimistic climate models projected More warming means more carbon dioxide, more crops due to the carbonization effect, higher humidity leading to more rain (historically, it was colder periods of the Earth’s history that were associated with droughts/civilization collapses)

Here’s How You Run A Campaign Against Ron Estes If Your Name Is Also Ron Estes

[] A primary for a Kansas House seat on Tuesday is giving voters double vision.

Melbourne needs fast rail Sydney more than an airport train

[] Opinion National Melbourne Airport Melbourne needs fast rail Sydney more than an airport train By Steven Lewis6 August 2018 1:46pm Normal text sizeLarger text sizeVery large text size It’s awful to find yourself in an otherwise first-class city without a speedy rail or subway link to the CBD My impression is that most Melburnians and Sydneysiders find this unsettling

24 Solar Terms: 9 things about Start of Autumn

[] But solar term culture is still useful today to guide people's lives through special foods, cultural ceremonies and even healthy living tips that correspond with each term The following are 9 things you should know about Start of Autumn 1 2 3 4 5 6 7 8 9 10 Next   &gt;&gt;| 1/10 Next

Elon Musk Has a Plan to Quiet Tesla Critics for Good

[] At various times this year Tesla has been up 24 percent and down 19 percent, and its average daily change is 2.5 percent compared with 0.7 percent for the S&amp;P 500 LEARN MORE LIVE ON BLOOMBERG Watch Live TV Listen to Live Radio Most Read technology Musk Mulls Taking Tesla Private, Valuing Company at $82 Billion markets Turkey’s Cratering Markets Stoke Speculation Over Extreme Measures markets Saudi Slap at Canada Shows Crown Prince's Assertiveness business China Meets Trump’s Tariff Hardball With Pledge to Endure business Power Worth Less Than Zero Spreads as Green Energy Floods the Grid

AT&T is now the sole owner of Otter Media

[] It will now become a part of AT&amp;T’s WarnerMedia unit, which was created with the acquisition of Time Warner The New York Times reports that analysts valued the deal at more than $1 billion Working with Tony, we look to harness Otter’s expertise in feeding the passion of on-line audiences to augment our portfolio of digital assets and help us further engage, connect and entertain consumers around the globe

Otto co-founder Lior Ron is back at Uber

[] The self-driving trucking company is a separate entity from Otto and the deal to purchase Otto’s other units never fully closed, leading to continued negotiations Meanwhile, Uber, which owns a majority stake in Freight, plans to double its investment in the company over the next year

Baobab Studios CEO Maureen Fan to speak at TechCrunch AR/VR Sessions

[] It seems to be working, the startup’s film Invasion! has gained substantial downloads and earned the studio an Emmy While Baobab is firmly focused on immersive video, the characters they’ve created are set to make their way to the silver screen thanks to an adaptation deal with Roth Kirschenbaum Films Purchase your Early Bird tickets here for just $99 Student get a special rate of just $45 when you book here

Don’t fear the big company ‘kill zones’

[] Ed ByrneContributor Share on Twitter Ed Byrne is an entrepreneur, investor and co-founder of Scaleworks Consider it another type of validation, like product-market fit: competitors think we’re right It’s easy for features to be copied  –  but you can’t be both custom and generic at the same time

Snapchat gets $250M investment from Saudi prince for 2.3%

[] Snap Inc got a fresh infusion of cash from the Saudi royal family to help it survive despite losing $353 million this quarter He recently made an investment in European streaming music service Deezer, and has formerly owned shared of Newscorp and Citi

Coinbase adds instant trading and increases daily limits

[] Coinbase just announced two new perks that should please regular cryptocurrency traders They can then buy and sell crypto to and from their USD wallet right away, but cannot send their funds off the Coinbase platform until the funds coming from their bank have settled

Oracle launches autonomous database for online transaction processing

[] Oracle executive chairman and CTO, Larry Ellison, first introduced the company’s autonomous database at Oracle Open World last year Given the highly variable nature of OLTP database issues that can arise, that’s quite something, he said (This is not all of the customer base, of course.) Once they demonstrate solid successes there, they will be able to expand to net new customers, he says

Will the Samsung Note 9 suffer the same fate as the Galaxy S9?

[] Even Apple struggled when it didn't make make huge alterations to its iPhone lineup for three straight years Last year's introduction of the iPhone X turned things around, though, and Apple last week became the first public US company to be worth $1 trillion Blockchain Decoded: CNET looks at the tech powering bitcoin -- and soon, too, a myriad of services that will change your life

June’s Second-Gen Oven Starts At $599

[] We sat down with June CEO Matt Van Horn to learn about the newest updates to the June Oven

Apple Music user spots ‘Friends Mix,’ a new personalized playlist of friends’ tunes

[] In Apple’s case, it already offers a handful of these, including Favorites, New Music Mix, and the latest addition, launched over a year ago, Chill Mix It’s long been time for Apple to expand its lineup of playlists further – especially given Spotify’s growing selection, which now includes its flagship playlist Discover Weekly, its Daily Mixes (plus a new variation, Your Daily Car Mix, apparently, Redditors also spotted), Release Radar, Your Summer Rewind, and Time Capsule If so, send me a screenshot noting your iOS version and when it appeared:

CrunchMatch is open for business at Disrupt SF 2018

[] Startup Alley, Founder and Investor passes are still available CrunchMatch also lets you act quickly in the heat of the moment Say you see a particularly promising startup compete in Startup Battlefield You have only three days at Disrupt SF to make potentially life-changing connections

FCC net neutrality cyberattack wasn't real, says internal report

[] Aaron Robinson/CNET After FCC Commissioner Ajit Pai blamed the prior administration yesterday, the OIG report has been released Beginning on Sunday night at midnight, our analysis reveals that the FCC was subject to multiple distributed denial-of-service attacks (DDoS)

Gmail for iOS and Android now lets you turn off conversation view

[] So if you want Gmail to simply show you all emails as they arrive, without grouping them tomake them easier to digest and follow, you’re now free to do so I personally prefer conversation view since it helps me keep track of conversations (and I get too many emails already), but it’s pretty much a personal preference

Anonymous vows to take down Q

[] Then, when Q followers began threatening lives Anonymous decided they were dangerous Please contact @NewportBeachPD if you have any details or observed him We will NOT be intimidated into stopping or changing our course None of us are happy with your bullshit, they wrote

Chinese AI start-up Tianrang raises a $26M funding round, launches new project to apply ML to cities

[] Other investors included Ziniu Fund and Chinese fintech company Wacai Tianrang claims to be able to automatically collect and analyze marketing trends and purchase related information on Alibaba’s e-commerce platform, allowing vendors to make better marketing decisions

Musk Tweets ‘Am Considering Taking Tesla Private at $420’

[] Breaking News Musk Tweets ‘Am Considering Taking Tesla Private at $420’ Bloomberg News Elon Musk, chairman and chief executive officer of Tesla Motors Inc., gestures as he speaks during a news conference prior to unveiling the Model X sport utility vehicle (SUV) during an event in Fremont, California, U.S. Photographer: Bloomberg/Bloomberg SHARE THIS ARTICLE Facebook Twitter LinkedIn Email Elon Musk says in a tweet, Am considering taking Tesla private at $420

Lumen raises $7M and passes $1M on IndieGoGo for its breath-measuring device for weight loss

[] Our body is continuously storing and consuming energy to keep us alive but understanding which fuels are being used, and why is the holy grail of things like weight loss and body hacking CEO Daniel Tal is also a cofounder and also founded Wibiya , which was acquired by Conduit

InVision hires former Twitter VP of Design Mike Davidson

[] InVision has a seamless workflow that includes everyone in the company in the design process, said Davidson Digital product design is shaping every industry in the world, and as the leader in the space, we see it as our responsibility to support and foster community and advanced education

Google Classroom gets a redesign

[] The new Classroom now also features a new ‘Classwork’ page where teachers can organize their assignments and group them into modules and units And here is some good news for everybody, too: Google is making some changes to how Docs handles margins and indentations to improve the overall writing experience, especially when making MLA style citations (and here I thought I never had to think about MLA style again…) Soon, you’ll be able to use hanging indents and set specific indentations

Firefox Test Pilot introduces smart ‘Advance’ extension to help you explore the web

[] The first effort in this arena, a new functionality called Activity Stream that helps users more intuitively interact with their history and bookmarks, graduated from Test Pilot and shipped out with the new Firefox Quantum browser in November of this past year

Cowboy Ventures just rounded up $95 million for its third fund

[] Among its current bets is the consumer goods company Brandless, the cybersecurity company Area 1 Security, and the mobile linking platform Branch In a quick exchange earlier this week, we talked with Lee about Cowboy and the market more broadly We’ll have greater gender balance, and we’ll have more people from historically underrepresented groups in positions of power

RiskRecon’s security assessment services for third party vendors raises $25 million

[] In June of this year, Chinese hackers managed to install software into the networks of a contractor for the U.S. Navy and steal information on a roughly $300 million top secret submarine program RiskRecon’s chief executive estimates he spent 3,000 hours developing the service between 2010 and 2015, when he finally launched the business with seed capital from General Catalyst

Palm-branded smartphones could return this year

[] Palm’s smartphone return appears to still be on track for 2018 We’ve reached out to TCL for more information, but I don’t anticipate hearing much until the phone is officially official Meantime, I’d expect we’re looking at something similar to the company’s recent BlackBerry brand reboot

Klara picks up $11.5 million to improve communication in healthcare

[] FirstMark Capital led the round, with participation from existing investors Lerer Hippeau, Project A Ventures, and Atlantic Labs, alongside a few angels including Zac Weinberg and Nat Turner (Flatiron Health founders), Vivek Garipalli (Clover Health founder and CEO) and Clark Valberg (InVision founder and CEO) But Klara, a HIPAA-compliant messaging service, saves up to two hours of time for a medical practice’s staff each day As part of the funding deal, FirstMark’s Amish Jani will join the board

Researchers teach an AI how to dribble

[] From the release: A physics-based method has the potential to create more realistic games, but getting the subtle details right is difficult The system could pave the way for smarter online avatars and even translate into physical interactions with the real world

Shell Ventures backs UK car repair marketplace WhoCanFixMyCar

[] drivers and receives circa 60,000 new job requests from drivers every month We are also focusing on new products and solutions that will further benefit our garage network and provide car owners with a better, richer experience when it comes to car maintenance and repairs, he says

West Virginia raises concern over smartphone voting for troops

[] Maybe a year and a half after Russian interference was believed to have a key impact on the election of a U.S. president isn’t the best time to be floating new voting technologies Not if you’re looking to avoid some major skepticism, at least Ballots are then anonymous and recorded with blockchain tech

Here’s Twitter’s position on Alex Jones (and hate-peddling anti-truthers) — hint: It’s a fudge

[] And while Twitter keeps sitting on its fence, Jones’ hate speech and toxic lies, broadcast to millions as a weapon of violent disinformation, have got his video show booted from YouTube (which, after first issuing a strike yesterday then terminated his page for violating YouTube’s Community Guidelines)

Even Financial raises $18.8 million Series A from GreatPoint Ventures, Goldman Sachs and others

[] The round is notable because it signifies the buy-in we’re seeing from the largest institutions in the country, Even co-founder and CEO Phillip Rosen told TechCrunch This is really about the maturation of the fintech ecosystem Ideally, a consumer doesn’t know Eden Financial exists We have an opportunity to build out an infrastructure play, similar to what we’ve seen in travel search

Evolute debuts enterprise container migration and management platform

[] He claims his company has reduced that process to minutes, putting containerization within reach of just about any large organization that wants to move their existing applications to container technology, while reducing the total ramp-up time to convert a portfolio of existing applications from years to a couple of weeks

New unicorn Klook raises $200M to expand its travel activities platform worldwide

[] They’re joined by first-time investors China’s Boyu Capital, Technology Crossover Ventures (TCV) which has backed Airbnb among others and Israel’s OurCrowd, while an undisclosed Asian sovereign wealth fund and unnamed family offices also took part The location for that new office is likely to be in Asia, he added, although its efforts will support the business worldwide

June’s second-gen oven starts at $599

[] I should probably point out that at this point in the conversation Van Horn was cooking a piece of steak in a June on the other side of our Google Hangout An additional $200 gets you an extended warranty, three-year subscription to the company’s recipes and three baskets for air frying

Drone flies over Macron's holiday home in wake of Maduro 'attack'

[] But both incidents involving Macron and Maduro beg the question of whether current security measures to protect global Heads of State are equipped and ready to deal with drone warfare and other forms of terrorism by joystick In July, Saudi Arabian security forces also shot down a recreational drone near a royal palace, leading to speculation of a coup attempt

Japan’s Freee raises $60M to grow its cloud accounting business

[] Freee founder and CEO Daisuke Sasaki Freee is also focused on expanding the scope of its services to branch out into products that help with more general management and operational tasks That could begin to pose a threat to Freee, particularly since SmartHR a developer platform to hose third-party applications and services

Flux partners with fast food merchant itsu for itemised paperless receipts

[] For every bank we add on, we unlock the opportunity to provide Flux to those cardholders With increasing access to cardholders, we can attract more retailers What’s exciting is we’ve now entered a phase where we’ve generated more than enough proof points to dispel that concern from the get go

Watch SpaceX’s Falcon 9 ‘Block 5’ rocket take its first re-flight

[] The next major focus for the firm is to reduce the preparation time and cost required between the relaunch of rockets Obviously, there’s plenty of benefits for faster turnaround time and the cost-savings associated The launch happened a few minutes ago, but you can keep up with progress via the SpaceX live feed above

Amazon is working with the FTC’s fraud investigation against Sellers Playbook

[] FBA Stores stopped operating in March after reaching a settlement with the FTC that included a judgement of more than $102 million We have zero tolerance for fraud and abuse and will continue to cooperate with law enforcement to pursue criminals TechCrunch has reached out to Sellers Playbook for comment

Fallout 76 Won't Be Available on Steam

[] FAQ that announced that the Break-It Early Test Application will most likely be the full game and your progress will carry over, Bethesda also mentions that the B.E.T.A QuakeCon 2018 begins this Thursday, and on Saturday, August 10, Todd Howard and other Bethesda Game Studios developers will be part of a panel discussing more about the entirely online Fallout 76

Now even YouPorn has banned Alex Jones, but he’s still on Twitter

[] For those that need a refresher, Alex Jones frequently broadcasts hate speech and played a major role in propagating some of the most harmful conspiracy theories in recent years, including PIzzagate and the debunked claim that vaccines cause autism TechCrunch has reached out to Twitter and Infowars for comment

Dead Cells Review

[] By Filip Miucin Aug. 7, 2018 9.7 Dead Cells is one of the most satisfying action games I've ever played Fights are fast, fluid, responsive, and hands-down one of the most gratifying representations of video game combat I've ever experienced There's more than enough variety in the combat to keep me hunting for blueprints that lend themselves to new and dynamic playstyles for weeks to come