winner 777

DOVER, Del. — A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package Chancellor Kathaleen St. Jude McCormick on Monday denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring the company to rescind the unprecedented pay package. McCormick also rejected an equally unprecedented and massive fee request by plaintiff attorneys, who argued that they were entitled to legal fees in the form of Tesla stock valued at more than $5 billion. The judge said the attorneys were entitled to a fee award of $345 million. The rulings came in a lawsuit filed by a Tesla stockholder who challenged Musk’s 2018 compensation package. McCormick concluded in January that Musk engineered the landmark pay package in sham negotiations with directors who were not independent. The compensation package initially carried a potential maximum value of about $56 billion, but that sum has fluctuated over the years based on Tesla’s stock price. Following the court ruling, Tesla shareholders met in June and ratified Musk’s 2018 pay package for a second time, again by an overwhelming margin. Defense attorneys then argued that the second vote makes clear that Tesla shareholders, with full knowledge of the flaws in the 2018 process that McCormick pointed out, were adamant that Musk is entitled to the pay package. They asked the judge to vacate her order directing Tesla to rescind the pay package. McCormick, who seemed skeptical of the defense arguments during an August hearing, said in Monday’s ruling that those arguments were fatally flawed. “The large and talented group of defense firms got creative with the ratification argument, but their unprecedented theories go against multiple strains of settled law,” McCormick wrote in a 103-page opinion. The judge noted, among other things, that a stockholder vote standing alone cannot ratify a conflicted-controller transaction. “Even if a stockholder vote could have a ratifying effect, it could not do so here due to multiple, material misstatements in the proxy statement,” she added. Meanwhile, McCormick found that the $5.6 billion fee request by the shareholder’s attorneys, which at one time approached $7 billion based on Tesla’s trading price, went too far. “In a case about excessive compensation, that was a bold ask,” McCormick wrote. Attorneys for the Tesla shareholder argue that their work resulted in the “massive” benefit of returning shares to Tesla that otherwise would have gone to Musk and diluted the stock held by other Tesla investors. They value that benefit at $51.4 billion, using the difference between the stock price at the time of McCormick’s January ruling and the strike price of some 304 million stock options granted to Musk. While finding that the methodology used to calculate the fee request was sound, the judge noted that the Delaware’s Supreme Court has noted that fee award guidelines “must yield to the greater policy concern of preventing windfalls to counsel.” “The fee award here must yield in this way, because $5.6 billion is a windfall no matter the methodology used to justify it,” McCormick wrote. A fee award of $345 million, she said, was “an appropriate sum to reward a total victory.” The fee award amounts to almost exactly half the current record $688 million in legal fees awarded in 2008 in litigation stemming from the collapse of Enron.

Earlier this year, Earth experienced two geomagnetic storms caused by outbursts of radiation from the Sun, which had an impact on satellites in space and communication systems on the ground. As it turns out, the Sun may be capable of much more powerful solar flares. The Sun is a giant glowing ball of plasma that keeps our solar system together, but there are billions of stars like it spread out across the cosmos. Although scientists have only been studying the Sun up close for the past 60 years or so, monitoring Sun-like stars in different stages of their lifetime can help predict the behavior of Earth’s host star. Hoping to find out whether the Sun is capable of producing superflares, which are thousands of times more powerful than a solar flare, a team of scientists pored over data of 56,000 Sun-like stars. The team identified 2,889 superflares on 2,527 of the stars, indicating that stars with similar temperatures and variability as our Sun produce superflares roughly once per century. So far, scientists remain unsure about whether or not the Sun is capable of producing a superflare as no such event has been recorded on our host star. Extreme solar activity in the past has left its mark on Earth in the form of isotope spikes, but these events fall short of the energy levels expected from a superflare, according to the research. That said, the findings, published today in the journal Science, not only give scientists a better understanding of our host star, but could also help them better predict upcoming geomagnetic storms that mess with our technology on Earth. “We wanted to determine how often our Sun produces superflares; however, the duration of direct solar observations is relatively short,” Valeriy Vasilyev, from the Max Planck Institute for Solar System Research, and lead author of the new study, told Gizmodo. Instead of relying on observations of the Sun, the researchers behind the study turned to data collected by NASA’s Kepler space telescope, which scoured the cosmos for exoplanets during its nine years in space. “An alternative approach is to analyze the extensive data collected by space telescopes like Kepler...by observing approximately 56,000 Sun-like stars over a span of four years, we effectively accumulated the equivalent of around 220,000 years of solar observations,” Vasilyev added. The findings also revealed that the frequency of superflares aligns with previously observed solar flare patterns from the Sun, suggesting a shared underlying mechanism. A regular solar flare—giant explosions on the Sun that fling high speed particles into space—emits an equivalent of ten million times the energy released by a volcanic eruption on Earth. Superflares, on the other hand, are 10,000 times more powerful than solar flares. Flares are a natural phenomena of solar activity. The Sun follows an 11-year cycle that influences its level of solar activity. This year, NASA confirmed that the Sun is in its solar maximum , a period of increased activity marked by intense solar flares and coronal mass ejections. In May, a G5, or extreme, geomagnetic storm hit Earth as a result of large expulsions of plasma from the Sun’s corona (also known as coronal mass ejections). The G5 storm, the first to hit Earth in more than 20 years, caused some deleterious effects on Earth’s power grid and resulted in thousands of satellites shifting position in low Earth orbit. “If accompanied by a coronal mass ejection (CME), [a superflare] could lead to extreme geomagnetic storms on Earth,” Vasilyev said. “Such storms may severely disrupt technological systems.” The researcher noted that further detailed investigations are required to determine if the observed stars differ from the Sun, or if their activity reflect our host star’s future potential. The Sun is considered a typical yellow dwarf star. However, it was recently discovered that the Sun exhibits a much lower brightness variability compared to other Sun-like stars in the Kepler telescope field of view, according to Vasilyev. “This indicates that the Sun is less active than most solar analogs,” Vasilyev added. The study accounted for this factor by including a larger and more representative sample of Sun-like stars, but it’s not clear whether that would affect the Sun’s ability to produce superflares like its stellar counterparts.Miss Manners: What etiquette is best for swiping on Tinder?

CJ Stroud showed his emotions on the field when his best friend and teammate, Tank Dell, sustained a nasty injury. As a result, the second-year Texans quarterback faced a lot of backlash — with some arguing that he shouldn’t have lost composure at a nationally broadcast game. Some critics also suggested Stroud should have toughened up. However, like the majority of fans, CJ’s mother showed her support for her son’s reaction. Kim Stroud shared a powerful bible verse on Twitter, accompanied by a heartfelt message reading, “Keep loving CJ# very proud you are my son# Jesus lives in you.” It’s a powerful verse, showing that loving and caring about someone to the point of getting emotional over them shouldn’t be looked down upon. It shows that you’re empathetic and have a good heart — something we should all aspire to have/be. Kim also included an IG link in her post that leads directly to CJ’s post-game reaction to the injury and the backlash that followed his emotional moment. In the snippet from his presser, the QB made sure to share his thoughts on why it was such a somber, emotional moment for him. Although, it’s unfortunate that he had to even explain it. Stroud further stated that, growing up, like many men, society encouraged him to suppress his emotions. Especially tears. But it’s a new world today, he said. Crying is okay. It shows you’re human and that you care. Many people suppress their emotions, letting them build up until they turn into anger. That’s not a healthy way to handle any situation. What Stroud did was totally fine. And quite honestly, we’re starting to get a little too “nit-picky” when it comes to how we critique athletes. These men and women are on camera more than ever, on and off the field. It takes a toll mentally to have to constantly deal with the ups and downs of a sports season as well. There can be high highs and very low lows. And at the end of the day, players like Stroud are just expected to look on as a brother-in-arms is down, to what could be a career-ending, gruesome injury, and just be okay with that? No, that would mess anybody up mentally. Stroud even shared how he does bible study with Dell twice a week. These two aren’t just friends, they are almost brothers. We should definitely stop bothering him for showing a little emotion.Jets Owner Woody Johnson Tries to Keep Fans Engaged While Heading Into a Tumultuous Bye Week

Vikings right guard Dalton Risner says he’ll continue to get better at new position