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Elon Musk sells $7bn worth of Tesla shares

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Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings published on Tuesday, amid a high-stakes legal battle with Twitter over a $44 billion buyout deal.

The Tesla boss sold some 7.9 million shares between August 5 and 9, according to filings published on the Securities and Exchange Commission’s website.

“In the (hopefully unlikely) event that Twitter forces this deal to close and some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock,” Musk, the world’s richest man wrote on Twitter late Tuesday.

Twitter is locked in a legal battle with the mercurial Tesla boss over his effort to walk away from the April agreement to buy the company, and a judge has ordered that a trial will begin in October.

Musk has filed a countersuit, accusing Twitter of fraud and alleging the social media platform misled him about key aspects of its business before he agreed to a $44 billion buyout.

The move comes after Musk sold around $8.5 billion worth of shares in the electric carmaker in April as he was preparing to finance the Twitter deal. He tweeted at the time: “No further TSLA sales planned after today.”

AFP

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SEE ALSO:  Israeli strikes on Rafah kill 13, as Gaza death toll surpasses 34,000
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Tanzania floods and landslides kill more than 150 – PM Kassim Majaliwa

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Many thousands have had to leave their homes, such as these people in the Coastal region earlier this month
• Many thousands have had to leave their homes, such as these people in the Coastal region earlier this month
At least 155 people have died in floods and landslides in Tanzania following heavy rains caused by El Niño, the prime minister, Kassim Majaliwa said Thursday.

Majaliwa warned that the rains might continue into May, and urged families to leave flood-prone areas.

About 200,000 people and more than 51,000 households were already affected by the disaster, he added.

Heavy rains have also swept through neighbouring Kenya and Burundi, causing a humanitarian crisis in the region.

Giving a report to Tanzania’s parliament on the situation in his country since January, Mr Majaliwa said that in addition to the 155 people killed, 236 had been injured.

“The heavy El Nino rains, accompanied by strong winds, floods, and landslides in various parts of the country, have caused significant damage.

“These include loss of life, destruction of crops, homes, citizens’ property, and infrastructure such as roads, bridges, and railways,” he added.

A resident in northern Tanzania’s Siha district told the BBC that his home had been destroyed.

“I have nothing left, everything has been wiped away,” he said.

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In Kenya, President William Ruto has ordered the army to help with rescue operations, as heavy rains pounded large parts of the country, including the capital, Nairobi, where homes in some slum areas have been swept away, along with furniture and other goods.

More than 10 have died in Kenya this week, bringing the death to at least 45 people since March, the Red Cross said.

In Burundi, heavy rains have displaced nearly 100,000 peoples.

SEE ALSO:  Israeli strikes on Rafah kill 13, as Gaza death toll surpasses 34,000

BBC Weather’s Chris Fawkes says that one of the biggest drivers of the rains is the Indian Ocean Dipole (IOD).

The IOD – often called the “Indian Niño” because of its similarity to its Pacific equivalent – refers to the difference in sea-surface temperatures in opposite parts of the Indian Ocean.

During a positive phase, the waters in the western Indian Ocean are much warmer than normal and this can bring heavier rain regardless of El Niño.

However, when both a positive IOD and an El Niño occur at the same time, as was the case last year, the rains in East Africa can become extreme.

One of the strongest positive IOD patterns on record coincided with one of the strongest El Niño patterns in 1997 and 1998, with severe flooding reported. These caused more than 6,000 deaths in five countries in the region. (BBC)

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Israeli strikes on Rafah kill 13, as Gaza death toll surpasses 34,000

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Nigerian dancer, Korra Obidi attacked with acid, stabbed in UK

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Nigerian dancer, Korra Obidi attacked with acid, stabbed in UK
• Anita Chukwumfumnaya Obidi aka Korra Obidi

Nigerian dancer, Anita Obidi, popularly known as Korra Obidi, has come under a knife and acid attack in the United Kingdom.

Celebrities Kimora Lee Simmons’s 21-year-old daughter Aoki breaks up with 65-year-old boyfriend.

According to the dancer, the attack occurred while she was in the middle of a live stream on Thursday, April 11, 2024.

The mother of two announced this on her social media.

In the trending video on her instagram page, she was seen washing her face with coca-cola.

“My face is burning, can I have some coke to wash it please,” Obidi screamed as she groaned in pain.

The livestream footage reportedly showed Korra Obidi in distress, frantically washing her face with a Coca-Cola beverage, likely to neutralize the burning sensation of an acid attack.

Two uniformed officers arrived at the scene, captured on video. One officer applied a liquid solution to her face, presumably to ease the pain. The other officer can be seen spraying her back, likely administering first aid.

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In a caption accompanying the disturbing video, Obidi pleaded with the public for any information that could identify and apprehend her attacker.

Describing the assailant, Obidi stated it was a Black female of approximately five feet in height. She further revealed she had been subjected to hateful comments online in the past, but this physical assault serves as a stark wake-up call.

“Currently in an ambulance to the hospital, there was a knife, acid attack on me in the UK 🇬🇧 in the middle of a live stream.

“There’s been a lot of hate in the past but this physical assault is a wake up call.

SEE ALSO:  Israeli strikes on Rafah kill 13, as Gaza death toll surpasses 34,000

“If you have any information as to the attacker, black female. 5 foot. please forward to Korramanagement@gmail.com,” she wrote.

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