Judge approves Elon Musk settlement with US SEC over Twitter disclosures

SpaceXAI's new coding model is cheaper and faster than Anthropic and OpenAI's flagships—and by Musk's own account, at least one generation behind them.

The settlement highlights the challenges of enforcing securities laws against influential figures, potentially impacting future regulatory actions. The post US judge approves SEC-Elon Musk deal despite significant misgivings appeared first on Crypto Briefing.

The post Judge Approves $1.5 Million Penalty for Elon Musk in Twitter SEC Case appeared on BitcoinEthereumNews.com. A federal judge has approved Elon Musk’s $1.5 million settlement with the US Securities and Exchange Commission (SEC), ending the case over his delayed disclosure of Twitter stock purchases in 2022. US District Judge Sparkle Sooknanan signed off on the agreement on July 8 after warning she would not rubber-stamp the deal. Why the Judge Scrutinized the Musk SEC Settlement The SEC sued Musk in January 2025, according to the case docket. Its complaint said he crossed Twitter’s 5% ownership threshold on March 14, 2022, but disclosed his stake 11 days after the March 24 deadline. By then, Musk had quietly built a 9% position. Twitter shares jumped more than 27% once he disclosed, and the SEC claimed the delay saved him at least $150 million. Twitter (TWTR) Stock Performance in March 2022. Source: TradingView Sooknanan rejected Musk’s bid to dismiss the case in February. At a M

UBS's cleared hurdle enhances global financial stability, emphasizing the importance of robust crisis-resolution frameworks post-merger. The post US SEC clears legal hurdle for UBS’ crisis-resolution plan appeared first on Crypto Briefing.

Elon Musk's tech company released the newest version of Grok on Wednesday, promising a cheaper, more efficient alternative to other powerful AI models.

The post Elon Musk unveils Grok 4.5 as OpenAI readies GPT-5.6 showdown appeared on BitcoinEthereumNews.com. Elon Musk has confirmed that SpaceXAI will release its Grok 4.5 artificial intelligence model to the public on Thursday after completing beta testing, setting up a direct contest with OpenAI’s upcoming GPT-5.6 launch. Summary Elon Musk says SpaceXAI will launch Grok 4.5 publicly after positive beta testing. OpenAI plans to release GPT-5.6 models Sol, Terra, and Luna on the same day. Grok 4.5 runs on xAI’s new 1.5-trillion-parameter V9 model with a strong focus on coding. According to Elon Musk, the decision follows strong feedback from users who tested Grok 4.5 during its beta phase. In a post on X, Musk described the model as “an Opus-class model, but faster, more token-efficient, and lower cost,” adding that the public rollout will begin tomorrow.  Based on strong positive feedback from customers in our beta test program, @SpaceXAI will make Grok 4.5 available to the public tom

Elon Musk has confirmed that SpaceXAI will release its Grok 4.5 artificial intelligence model to the public on Thursday after completing beta testing, setting up a direct contest with OpenAI’s upcoming GPT-5.6 launch. According to Elon Musk, the decision follows…

The post Elon Musk’s SpaceXAI to Release Grok 4.5 as GPT-5.6 and Fable 5 Intensify AI Race appeared on BitcoinEthereumNews.com. Elon Musk has revealed that SpaceXAI will release its latest AI model, Grok 4.5, to the public tomorrow following beta-phase testing. This comes as the AI race intensifies with the launch of Anthropic’s Fable 5 and the imminent launch of OpenAI’s GPT-5.6. SpaceXAI To Release Grok 4.5 To The Public Tomorrow In an X post, Elon Musk stated that SpaceXAI will make Grok 4.5 available to the public tomorrow, citing strong positive customer feedback from its beta test program. “It is an Opus-class model, but faster, more token-efficient, and lower cost,” he said about the AI model. This comes as the AI race between the top AI firms, including OpenAI and Anthropic, intensifies. Anthropic released Fable 5 and Mythos 5 last month, which it declared its most powerful AI models yet. Notably, the U.S. government had imposed an export control ban on these AI models, which w