Court approves Elon Musk’s securities fraud settlement with the SEC

US District Judge Alison Nathan has approved the proposed settlement between Tesla CEO and chairman Elon Musk and the Securities and Exchange Commission. The clock has now officially started on the various terms of the settlement, meaning Musk will soon no longer lead the company’s board of directors for the first time since he took the post in 2004.

Musk has 45 days to resign as chairman of Tesla. After he does, he won’t be able to step back into that role for three years. Tesla has to replace Musk with a new chairman within that same time frame, and it has 90 days to name two independent directors to the company’s board. Musk and Tesla have 14 days to pay equal $20 million fines, which the SEC says will be “distributed to harmed…

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Gareth Evans on Apostle’s measured, restrained approach to full-blown gore

Director Gareth Evans

For a Welsh-born director, Gareth Evans has an odd claim to fame: through a series of movies made in Indonesia, he brought the martial art pencak silat to Westerners’ attention, made a star out of martial artist Iko Uwais, and built a name for himself through brutal, precise action sequences and a memorable approach to violence. Evans’ movies Merantau, The Raid: Redemption, and The Raid 2 weren’t major action blockbusters, but among martial arts fans and cult-cinema enthusiasts, they enjoy the kind of delirious word-of-mouth that builds fandoms and boosts reputations.

Evans’ rep was likely a major part of what let him sign on with Netflix for a distinctly odd and personal project: his first film actually shot and set in Wales, and his…

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Facebook is reportedly working on a TV camera that can stream video

Earlier this month, Facebook announced Portal, a camera-equipped smart device that’s meant to compete with Amazon’s Echo Show. But the company’s hardware ambitions apparently go far beyond that: Cheddar is reporting that Facebook is working on a TV camera that would offer Portal-like video chatting on a bigger screen and allow users to stream content from Facebook Watch.

If the device — said to be codenamed “Ripley” — makes it to market, Facebook would enter into another massive smart home battleground, facing off against Amazon, Apple, Google, and Roku for valuable set-top box space. Facebook’s addition of a camera, which essentially turns your entire TV into a massive Facebook Portal, would be a differentiator for the current…

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