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Climate activists block golf course holes with seedlings and cement to protest water use
Climate activists block golf course holes with seedlings and cement to protest water use
Climate activists have targeted 10 golf courses around Spain, plugging up holes to protest the amount of water used to maintain these courses as the country is gripped by a severe drought.
1970-01-01 08:00
Truth Social’s merger partner reaches $18m settlement with SEC
Truth Social’s merger partner reaches $18m settlement with SEC
A financial firm linked to Donald Trump’s Truth Social platform has reached an $18m settlement with the Securities and Exchange Commission (SEC) in order to bring an end to the investigation into its merger with the company. Digital World Acquisition Corp (DWAC) announced the tentative settlement on Monday, saying that the payment would “remove the cloud of uncertainty lingering over DWAC and would allow DWAC to move forward in achieving its objective of delivering a strategic merger”. The SEC had been looking into whether DWAC held talks with Truth Social’s parent company before going public, which would be a violation of certain antifraud provisions of the Securities Act and the Exchange Act. The settlement means once DWAC has paid the civil penalty it can move forward with the merger, which would see Truth Social become a public company. News of the settlement comes after three people involved in the merger were indicted for insider trading last week. Michael Shvartsman, Gerald Shvartsman and Bruce Garelick were named in a federal indictment unsealed last Thursday (29 June) in Manhattan federal court. All three were charged with trading in securities of Digital World Acquisition Corporation (DWAC) based on non-public information about the company’s planned business combination with Trump Media & Technology Group — founded by former president Mr Trump — the parent company of social media platform Truth Social. They were arrested on Thursday morning in Florida. In 2021, the three investors were invited to invest in DWAC and another SPAC. After signing non-disclosure agreements, they were provided with confidential information, including the planned deal with Trump Media. They were prohibited from using this knowledge in the open market. According to the indictment, after making initial investments into DWAC through the initial public offering process, Mr Garelick was given a seat on the board of directors, which gave him access to valuable non-public information about the planned merger. He provided these updates to his co-conspirators, calling it “intelligence”. The defendants bought millions of dollars of DWAC securities on the open market before the news of the Trump Media business combination was public. In addition to their own purchases, they also passed the information to their friends on a trip to Las Vegas, to Michael Shvartsman’s neighbours, and to Gerald Shvartsman’s employees at a furniture supply store. After DWAC’s merger with Trump Media was announced publicly on 20 October 2021, the stock and warrant holdings significantly increased in value. The defendants and the individuals they tipped then sold their DWAC securities for a significant profit. Michael Shvartsman and Bruce Garelick have been charged with five counts of securities fraud under Title 15, each of which carries a maximum sentence of 20 years in prison; Gerald Shvartsman has been charged with three counts. All three defendants have also been charged with one count of securities fraud under Title 18, which carries a maximum sentence of 25 years in prison; and one count of conspiracy, which carries a maximum sentence of five years in prison. Read More Trump news – live: Truth Social SPAC agrees to SEC settlement as Trump’s past comments on indictment resurface Why isn’t Twitter working? How Elon Musk finally broke his site – and why the internet might be about to get worse Trump mocked for ‘weird apocalyptic’ campaign video Trump marks Independence Day by sharing vulgar attack on Biden Truth Social SPAC reaches SEC settlement as Trump indictment comments reemerge – live Trump sparks speculation by ranting about ‘charges against me’ in Georgia
1970-01-01 08:00
Nathan's hot dog eating contest crowns Miki Sudo women's chompion, with Joey Chestnut soon to compete
Nathan's hot dog eating contest crowns Miki Sudo women's chompion, with Joey Chestnut soon to compete
Miki Sudo ate 39.5 hot dogs in 10 minutes to win her ninth title in the women's side of the annual Nathan's Famous International Hot Dog Eating Contest on Tuesday, and men's reigning champion Joey Chestnut is looking to defend his dominant run.
1970-01-01 08:00
Braves have their own version of chicken parm sparking success
Braves have their own version of chicken parm sparking success
New York Yankees shortstop Anthony Volpe has newfound success due to a chicken parm dinner. The Atlanta Braves are experiencing even better success thanks in part to meals.With the MLB All-Star break a matter of days away, teams will evaluate their approach for the second half of the season. For...
1970-01-01 08:00
Christian Pulisic could be on his way to AC Milan
Christian Pulisic could be on his way to AC Milan
Christian Pulisic could be on his way to AC Milan
1970-01-01 08:00
Burnley forward Michael Obafemi to miss start of season with hamstring injury
Burnley forward Michael Obafemi to miss start of season with hamstring injury
Burnley forward Michael Obafemi will miss the start of the Premier League season with a hamstring injury suffered while on international duty. The 22-year-old tore his hamstring in the Republic of Ireland’s 3-0 win over Gibraltar and will undergo an operation later this week before beginning a rehabilitation process. Obafemi joined the Clarets on loan from Swansea in January, and scored two goals in 14 appearances before making his move permanent earlier this month. The injury will be a blow to Vincent Kompany’s attacking options as Burnley make their return to the Premier League. The Clarets reportedly remain in talks to re-sign Nathan Tella from Southampton after he topped Burnley’s scoring charts with 19 goals last term. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
1970-01-01 08:00
Biden says gun violence 'tearing communities apart' after latest mass shootings
Biden says gun violence 'tearing communities apart' after latest mass shootings
WASHINGTON President Joe Biden on Tuesday said gun violence was tearing apart U.S. communities after mass shootings in
1970-01-01 08:00
Thames Water Needs ‘Substantial’ Funds, Says Ofwat CEO
Thames Water Needs ‘Substantial’ Funds, Says Ofwat CEO
The head of Britain’s water regulator said Thames Water is likely to need “substantial” funds to turn itself
1970-01-01 08:00
Time ran five times slower in the early universe, new study finds
Time ran five times slower in the early universe, new study finds
New findings have revealed that time ran five times slower in the early universe, after scientists published new research into quasars. A quasar is a luminous active galactic nucleus and studying them has allowed scientists to measure time. The variation in brightness of quasars from the early universe has been measured to determine time dilation back to a billion years after the Big Bang. Experts have found that there was an era in which clocks moved five times slower than they do in the present day. The findings come as a relief to many cosmologists who have been perplexed by previous results that have come from studying quasars. The discovery that the universe is expanding led to the theorisation of “time dilation” – the idea that time moved slower the smaller the universe was. Sign up to our free Indy100 weekly newsletter Professor Geraint Lewis of the University of Sydney, the lead author of a new study, said in a statement: “Looking back to a time when the universe was just over a billion years old, we see time appearing to flow five times slower.” He continued, explaining: “If you were there, in this infant universe, one second would seem like one second – but from our position, more than 12 billion years into the future, that early time appears to drag.” To measure the extent of time dilation, scientists turned to quasars, as they are able to measure their change in brightness over a period they can estimate. The most distant quasar that is visible is 13 billion back in time and can still be seen despite its far distance. Their brightness varies due to turbulence and lumpiness in their accretion disks. Lewis explained the phenomenon as being “a bit like the stock market”. He said: “Over the last couple of decades, we’ve seen there is a statistical pattern to the variation, with timescales related to how bright a quasar is and the wavelength of its light.” Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
1970-01-01 08:00
Best MLB prop bets today (Astros should tee off on Kyle Freeland)
Best MLB prop bets today (Astros should tee off on Kyle Freeland)
Usually, my best MLB prop bets are all about pitchers, but today we’re taking a different approach in one game, looking at a team total in the Houston Astros-Colorado Rockies matchup.For those looking for pitcher props, don’t worry, I have a plus-money prop from DraftKings Sportsbook...
1970-01-01 08:00
Canada media guide
Canada media guide
An overview of the media in Canada, including links to broadcasters and newspapers.
1970-01-01 08:00
Ross Kemp reveals he would have boarded Oceangate submersible that killed five
Ross Kemp reveals he would have boarded Oceangate submersible that killed five
Ross Kemp has revealed that he had planned to go on the Titanic submersible that killed five people. The documentary maker revealed that it was set to form part of a new show he was working on, but the plug was pulled after a member of production deemed the vessel unsafe. "I was invited", he said on This Morning. "We had dialogue with the company in order for me to go down – actually this summer." "I love diving and I’m a qualified diver and I’m fascinated by the sea and I’m fascinated by wrecks." Sign up to our free Indy100 weekly newsletter
1970-01-01 08:00
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