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rsg fishing By Chris Prentice NEW YORK (Reuters) – The U.S. Securities and Exchange Commission has given Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire’s $44-billion takeover of Twitter in 2022, a source familiar with the matter told Reuters. The development, which signals the investigation may be nearing a conclusion, is the latest salvo in a year-long public feud between the top U.S. markets regulator and the world’s richest man. Musk on Thursday posted on X a copy of a letter sent by his lawyer to SEC Chair Gary Gensler saying the agency had given Musk 48 hours to agree to pay a penalty to settle the probe or face civil charges, and demanding to know whether Gensler was personally behind the development. The SEC has been investigating whether Musk broke securities laws in 2022 when he bought stock in Twitter, which Musk subsequently renamed X, as well as statements and filings he made in relation to the deal, previous disclosures show. According to the source, the agency has been probing Musk’s SEC filing disclosing his Twitter share purchases, which was at least 10 days late, and whether he intended to benefit from that delay, which some academics have estimated saved Musk over $140 million. As part of the probe, the agency had asked a federal court to compel Musk to testify after the billionaire failed to show up to agreed depositions. On Tuesday, the SEC sent Musk a settlement offer seeking a response in 48 hours, but extended the deadline to Monday after a request for more time, the source said, speaking on the condition of anonymity to discuss confidential enforcement matters. A spokesperson with the SEC’s public affairs office declined to comment. Musk’s lawyer did not respond immediately to calls for comment. SEC AIMS FOR SETTLEMENTS The SEC commonly tries to resolve probes through settlements rather than suing a defendant, but the initial 48-hour deadline was unusually tight, legal experts told Reuters. If Musk fails to respond, the SEC will likely proceed through a “Wells” notification process, a formal step in which the SEC outlines potential charges and allows Musk to respond, the source said. The Thursday letter Musk shared on X, which was signed by his attorney Alex Spiro, said the SEC has also reopened an investigation into Musk’s brain-chip startup Neuralink. Neuralink did not respond to requests for comment. The nature of that inquiry is not clear, but U.S. lawmakers and animal-rights advocates have pressed the SEC to scrutinize comments Musk has made about the safety of Neuralink’s implants. The SEC first sued Musk in 2018 during President-elect Donald Trump’s first term, accusing him of breaking the law when he posted on social media that he had “funding secured” to take his electric carmaker Tesla private when the SEC found he had not. Despite ultimately settling and agreeing to an unusual arrangement requiring some of his posts to be vetted by an attorney, Musk subsequently disputed the SEC’s findings in that case and has over the years accused the agency of harassment – claims Spiro reiterated in his Thursday letter. “We demand to know who directed these actions – whether it was you or the White House,” Spiro wrote to Gensler. A major backer of Trump, Musk in the new administration will co-lead the new Department of Government Efficiency tasked with cutting government costs, potentially giving him some power over the SEC’s workings. (Reporting by Chris Prentice; Editing by Michelle Price, Megan Davies and Rod Nickel) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );SATURDAY'S BOWL GAMES

GREENSBORO, N.C. (AP) — Matthew Downing threw for two touchdowns and ran for another to lead Elon to a 31-21 season-ending win over North Carolina A&T on Saturday. The game was tied at 7 in the second quarter when the Phoenix turned a fumble recovery into a field goal. That started a string of four-straight scoring possessions. Downing was 16 of 21 for 203 yards. Chandler Brayboy had 12 receptions for 118 yards with a score. Rushawn Baker ran for 106 yards for the Phoenix (6-6, 5-3 Coastal Athletic Association). Julian Bumper also had a 10-yard rushing touchdown on his only carry and Jamarien Dalton had a 30-yard receiving touchdown on his only catch. Freshman Cortez Lane returned a kickoff 97 yards for a touchdown for the Aggies (1-11, 0-8), who lost their 11th straight. Justin Fomby threw for 190 yards and a touchdown pass to Daniel Cole and Shimique Blizzard ran for 87 yards and a TD. AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football . Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25How to protect your communications through encryptionDespite the exhilaration of her win, Gu Ailing wasted no time basking in the glory. With her sights set on her academic goals, she returned to Oxford University on Monday, ready to dive back into her studies. This remarkable display of diligence and determination left netizens in awe, with many praising her for her unwavering dedication and work ethic. One netizen commented, "Gu Ailing's energy knows no bounds! To balance the demands of elite sports and academic pursuits is truly inspiring."

As part of the "Exploring the Top 100 Companies" series, the event at Renji brought together a diverse group of industry leaders, academics, and thought leaders to delve into the cutting-edge advancements and promising applications of AI across various sectors. The atmosphere was charged with intellectual curiosity and anticipation, as participants eagerly awaited the exchange of ideas and perspectives that would unfold over the course of the day.

Downing throws for 2 TDs, runs for another, Elon tops North Carolina A&T 31-21