Monday, May 11, 2026

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Musk Vows to Appeal After Jury Finds He Misled Shareholders.

PULSE POINTS

WHAT HAPPENED: Elon Musk plans to appeal a federal jury verdict that found him liable for misleading Twitter shareholders by driving down the platform’s stock price ahead of his $44 billion acquisition in 2022.

👤WHO WAS INVOLVED: Elon Musk, Twitter shareholders, and the plaintiffs’ attorney Mark Molumphy.

📍WHEN & WHERE: March 20, 2026, in a federal court ruling related to events surrounding Musk’s acquisition of Twitter in 2022.

💬KEY QUOTE: “I think the jury’s verdict sends a strong message that just because you’re a rich and powerful person, you still have to obey the law, and no man is above the law.” – Mark Molumphy

🎯IMPACT: The verdict stems from a class-action lawsuit filed by a group of Twitter investors just after Musk acquired the company for $44 billion.

IN FULL

Technology billionaire Elon Musk plans to appeal a March 20 federal jury verdict that found the SpaceX and Tesla CEO liable for misleading Twitter shareholders in an effort to drive down the company’s stock value several months before he moved to acquire the social media platform in 2022. The verdict stems from a class-action lawsuit filed by a group of Twitter investors just after Musk acquired the company for $44 billion.

In April 2022, Musk announced he had agreed to buy Twitter at $54.20 per share. However, the technology billionaire subsequently attempted to back out of the acquisition, prompting the company to file legal action to enforce the agreement. Musk’s purchase was completed in late October 2022, and he quickly moved to rebrand the company as “X.”

The federal civil action filed by a group of Twitter’s shareholders alleged that Musk made misleading statements after agreeing to the purchase, leading them to sell their shares. Jurors found Musk liable for two social media posts, including one stating the deal was “temporarily on hold” and another suggesting that bots could account for over 20 percent of the platform’s users, contrary to Twitter’s claims of less than five percent.

However, the federal jury also found that the plaintiffs failed to prove Musk had engaged in a scheme to defraud investors. Attorney Mark Molumphy, representing the plaintiffs, described the verdict as an “important victory” for investors and public markets. Musk’s legal team announced plans to appeal, stating they anticipate vindication upon further legal review.

Musk also faces a lawsuit from the United States Securities and Exchange Commission (SEC), which accuses him of violating federal securities laws by delaying disclosure of his Twitter stock acquisition in March 2022. The SEC claims this delay allowed Musk to buy shares at lower prices, avoiding at least $150 million in costs. Musk has filed to dismiss the case.

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By Popular Demand.
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Lawmakers Urge Trump to Confront Xi Over Detained Catholic Publisher Jimmy Lai.

More than 100 lawmakers from both parties have called on President Donald J. Trump to press Chinese leader Xi Jinping for the release of Hong Kong pro-democracy advocate Jimmy Lai.

PULSE POINTS
❓ WHAT HAPPENED: Over 100 U.S. lawmakers from both parties are urging President Donald J. Trump to advocate for the release of Hong Kong media tycoon and Chinese Communist Party (CCP) critic Jimmy Lai during his upcoming meeting with Chinese leader Xi Jinping.
📺 DETAIL: In early February this year, Lai was sentenced to 20 years in prison by a CCP-controlled Hong Kong court. Lai is an outspoken critic of the Chinese Communist Party (CCP), a major funder of pro-democracy parties, and an avowed Catholic. In response to the sentence, a cross-party group of United States lawmakers, led by Representative Chris Smith (R-NJ) and Sen. Rick Scott (R-FL), signed a letter urging President Trump to advocate for Lai’s release. The letter emphasized the publisher’s declining health and described his imprisonment as tantamount to a death sentence, citing the 78-year-old Lai’s advanced age and the harsh prison conditions. Lai, founder of the now-closed pro-democracy Apple Daily newspaper, was sentenced under the National Security Law for Hong Kong (NSL). The NSL is a Beijing-imposed law that effectively criminalizes criticism of the CCP. Lai’s sentence is the harshest penalty handed down under the law so far. The letter was sent to the President last week.
💬 KEY QUOTE: “Given Jimmy Lai’s advanced age and ailing health, we urge President Trump—a tenacious, vocal advocate for Jimmy’s freedom—to again raise Jimmy’s case and call for his humanitarian release during his upcoming meeting with General Secretary Xi Jinping.” – Rep. Chris Smith (R-NJ).
🎯 IMPACT: President Trump has previously committed to addressing the issue during his summit with Chinese leader Xi Jinping later this week. Legislators and campaigners have widely condemned Lai’s sentence as political imprisonment. In early March last year, Lai’s son, Sebastien Lai, voiced hope that President Trump would assist in securing his father’s release.

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More than 100 lawmakers from both parties have called on President Donald J. Trump to press Chinese leader Xi Jinping for the release of Hong Kong pro-democracy advocate Jimmy Lai.

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By Popular Demand.
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Netanyahu Wants to ‘Draw Down’ US Military Aid to Zero in Coming Years.

Israeli Prime Minister Benjamin Netanyahu has announced plans to phase out U.S. military financial aid, aiming for greater self-reliance and stronger ties with Gulf states.

PULSE POINTS
❓ WHAT HAPPENED: Israeli Prime Minister Benjamin Netanyahu has expressed his intention to wind down U.S. military financial aid to Israel within the next decade. In an interview, Netanyahu stated his goal of reducing annual aid from $3.8 billion to zero while strengthening Israel’s self-reliance and ties with Gulf states.
📺 DETAIL: Netanyahu noted Israel currently receives the annuel $3.8 billion sum under a 10-year, $38 billion U.S. aid package running through 2028, but argued it is the right time to “reset” the relationship as Israel strengthens ties with Gulf states. The remarks come as U.S. public support for Israel has declined following the Gaza war that began in 2023, with recent polling showing rising unfavorable views of Israel and skepticism toward Netanyahu, including among Republicans. In the interview, Netanyahu blamed the erosion of U.S. support for Israel partly on social media manipulation by foreign countries. He said weakening or toppling Iran’s regime could lead to the collapse of proxy groups, including Hezbollah, Hamas, and the Houthis in Yemen, though he cautioned that such an outcome is not guaranteed. Netanyahu declined to discuss Israel’s military timetable in Iran but said both Israel and the United States remain committed to preventing Tehran from obtaining nuclear weapons.
💬 KEY QUOTE: “I want to draw down to zero the American financial support, the financial component of the military cooperation that we have.” – Benjamin Netanyahu
🎯 IMPACT: Netanyahu’s proposal could reshape the U.S.-Israel alliance, particularly as bipartisan support for military aid has waned in the wake of recent conflicts. The move also signals a strategic pivot for Israel as it seeks greater autonomy and deeper regional partnerships.
📈 DATA: A March Pew survey revealed that 60 percent of U.S. adults have an unfavorable view of Israel, and 59 percent lack confidence in Netanyahu’s handling of global affairs, both figures reflecting a seven-point increase from the previous year.

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Israeli Prime Minister Benjamin Netanyahu has announced plans to phase out U.S. military financial aid, aiming for greater self-reliance and stronger ties with Gulf states.

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By Popular Demand.
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Trump Warns Iran Ceasefire on ‘Life Support’ After ‘Garbage’ Response to Peace Offer.

President Donald J. Trump describes the ceasefire with Iran as “unbelievably weak” following Iran’s “garbage” response to a U.S. peace proposal on Sunday.

PULSE POINTS
❓ WHAT HAPPENED: President Donald J. Trump criticized Iran’s response to a U.S. peace offer on Sunday, telling the press the ceasefire is now “unbelievably weak” at an Oval Office event on maternal healthcare on Monday.
💬 KEY QUOTE: “I would say the ceasefire is on massive life support, where the doctor walks in and says, ‘Sir, your loved one has an approximately one percent chance of living.'” – President Donald J. Trump
🎯 IMPACT: Asked if the ceasefire with Iran was still in effect following the Iranian response, which he previously characterized as “totally unacceptable,” the President said, “I would call it the weakest right now, after reading that piece of garbage they sent us.” He said that he did not even read the Iranian response in full, as it quicky became apparent that it was a waste of his time. Reports suggest the Iranians requested reparations, formalized control over the Strait of Hormuz, where they have choked off much of the world’s supply of energy and ferilizer, and the lifting of sanctions on their regime.
📰 DETAIL: Trump noted that there are internal divisions in Iran, explaining that there are “moderates” who are “dying” to make a deal, but also “lunatics” who want to fight to the finish, adding that the moderates appear to be “a little afraid” of the lunatics. He also criticized the Kurds, mooted by some as a potential ground force in Iran, saying they want to “take, take, take” without helping to arm or support Iranian dissidents, and that he was not surprised that sending them some arms failed to produce results.

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President Donald J. Trump describes the ceasefire with Iran as "unbelievably weak" following Iran's "garbage" response to a U.S. peace proposal on Sunday.

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By Popular Demand.
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Regulator Probes TV Channel for Not Being Hostile Enough to Donald Trump.

Britain’s media regulator is scrutinizing a GB News interview with President Donald J. Trump for supposed breaches of impartiality, suggesting that the interviewer was not sufficiently critical of the U.S. President.

PULSE POINTS
❓ WHAT HAPPENED: Ofcom, the British government media and communications regulator, has announced it will investigate a GB News interview with President Donald J. Trump, aired in November 2025, for potential breaches of rules on due impartiality and material misleadingness. The interview, conducted by GB News presenter Bev Turner, included claims by Trump about climate change and law enforcement in London, including references to “no-go areas.”
📺 DETAIL: The regulator had initially defended the broadcast earlier this year by saying opposing viewpoints were presented in surrounding panel discussions, but pressure from leftist campaign groups prompted a reassessment. Former Ofcom standards chief Chris Banatvala and climate change activists were among those who said the interview breached British broadcasting standards. GB News has faced repeated scrutiny from Ofcom in recent years over alleged breaches involving coverage of populist figures such as Trump and Reform Party leader Nigel Farage. The interview investigation marks another escalation in the ongoing clash between Britain’s media regulator and the right-leaning broadcaster over the boundaries of political journalism and free expression. 
💬 KEY QUOTE: “This [program] featured an interview by GB News presenter, Bev Turner, with U.S. President Donald Trump. We are investigating whether it breached our rules on due impartiality and material misleadingness.” – Ofcom spokesman.
🎯 IMPACT: Ofcom has repeatedly harassed GB News for alleged code breaches, while left-wing bias at established broadcasters such as BBC News and Sky News has gone unpunished. Responding to the investigation, GB News said in a statement, “GB News is surprised and concerned by Ofcom’s delayed decision to investigate in circumstances where it had already published an ‘assessed, not pursued’ finding in relation to the original broadcast of the interview and issued a public statement explaining why the original [program] complied with the Broadcasting Code. Ofcom’s U-turn over the repeat of the interview with U.S. President, Donald Trump, follows adverse commentary around its original decision by prominent critics of both Ofcom and GB News. The sequence of events inevitably raises questions around the rationale for reopening the matter at this stage. It also raises serious concerns around regulatory certainty, procedural fairness, and the consistency of Ofcom’s processes.” Notably, Bev Turner has previously complained that she and GB News faced punitive action, including from Ofcom, for commentary and coverage expressing skepticism of COVID-19 vaccines. Ofcom has also been involved in attempts to censor dissident voices online and even threatened to block X (formerly Twitter) over complaints about its AI chatbot Grok.

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Britain's media regulator is scrutinizing a GB News interview with President Donald J. Trump for supposed breaches of impartiality, suggesting that the interviewer was not sufficiently critical of the U.S. President.

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By Popular Demand.
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Terror-Linked Migrant Escapes Deportation.

An Algerian migrant convicted of supporting terrorism has avoided deportation from Britain after a court ruled she faced a severe risk of torture in her home country.

PULSE POINTS
❓ WHAT HAPPENED: An Algerian woman, identified only as KB, who was convicted in 2020 for distributing extremist material and associated with known terrorists, has avoided deportation from Britain. The Immigration and Asylum Chamber of the Upper Tribunal superior court ruled that she faced a severe risk of torture if returned to Algeria, dismissing an appeal by the Home Office—roughly equivalent to the U.S. Department of Homeland Security.
📺 DETAIL: The woman, who entered Britain illegally in 2002 and was sentenced to two years in prison on terrorism-related charges, was described in court documents as having displayed an “extremist mindset.” The Upper Tribunal dismissed the Home Office’s appeal to authorize her deportation, allowing her to remain in the country on human rights grounds. The Home Office said it was disappointed with the decision and said it would pursue a further appeal, adding that foreign criminals should not be allowed to exploit human rights laws to avoid removal.
💬 KEY QUOTE: “We will not allow foreign criminals to exploit our laws,” the Home Office claimed in a statement.
🎯 IMPACT: The ruling has reignited debates over Britain’s immigration and deportation system, with critics arguing that it prioritizes foreign criminals over public safety and national security. This case is just the latest of many to see a foreign criminal allowed to remain in Britain over alleged human rights concerns.
📺 FLASHBACK: The decision follows years of increasing illegal Channel crossings by boat migrants, with over 200,000 arriving since 2018, further straining the UK’s immigration system.

Image by Carlosgg1961.

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An Algerian migrant convicted of supporting terrorism has avoided deportation from Britain after a court ruled she faced a severe risk of torture in her home country.

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By Popular Demand.
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UK PM Starmer Moves to Nationalize China-Owned British Steel.

The British government’s decision to nationalize British Steel underscores the industry’s long-standing financial problems and Prime Minister Sir Keir Starmer’s left turn following heavy losses in recent elections.

PULSE POINTS
❓ WHAT HAPPENED: Sir Keir Starmer, Prime Minister of the United Kingdom, has announced that the British government will introduce legislation to fully nationalize British Steel.
📺 DETAIL: Last year, the British government took control of Scunthorpe Steelworks, a mill in north Lincolnshire, England, and the last plant in the United Kingdom capable of producing virgin steel. Originally controlled by Jingye, a Chinese steelmaker, the plant has faced significant financial struggles in recent years, culminating in plans to shut down the mill’s blast furnaces. The plant has posted large daily losses, with the British government reportedly spending £1 million per day (~$1.4m) to maintain operations since the takeover. According to the National Audit Office, the government’s interim management of the mill has cost £377 million (~$514m). After failing to secure a commercial sale of the steelworks from its Chinese owner, British Prime Minister Sir Keir Starmer announced that the government would propose legislation to fully nationalize British Steel on Monday.
💬 KEY QUOTE: “Maintaining domestic production capability for British Steel’s products is essential not only for economic growth but also for our national security and resilience.” – Gareth Stace, Director-General of UK Steel.
🎯 IMPACT: The incoming legislation aims to protect 2,700 jobs at British Steel as well as the domestic production of virgin steel made directly from iron ore rather than recycled scraps. Virgin steel is essential for building major infrastructure projects, specialized machinery, and defense technology, among other things. The cost of nationalization remains unclear. The move comes amid a left turn from Prime Minister Starmer following catastrophic results for his Labour Party during last week’s elections across England, Wales, and Scotland, which have left his premiership in jeopardy.

Image by Simon Dawson / No 10 Downing Street.

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The British government's decision to nationalize British Steel underscores the industry's long-standing financial problems and Prime Minister Sir Keir Starmer's left turn following heavy losses in recent elections.

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By Popular Demand.
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Trump White House Correspondents’ Dinner Shooter Pleads Not Guilty.

A California man charged with attempting to assassinate President Trump during an April event in D.C. has pleaded not guilty, as prosecutors prepare to release evidence in the high-profile case.

PULSE POINTS
❓ WHAT HAPPENED: Cole Tomas Allen, 31, was arraigned in federal court after being charged with attempting to assassinate President Donald Trump during a White House Correspondents’ Dinner event on April 25. Allen pleaded not guilty to four charges, including attempting to assassinate the president and shooting a Secret Service officer.
📺 DETAIL: Allen, a California teacher and engineer, allegedly bypassed a security checkpoint near the Washington Hilton Hotel armed with firearms, knives, and ammunition. He engaged in a shootout with a Secret Service officer, who was injured but recovered. The incident prompted the immediate evacuation of President Trump and other officials. Allen had reportedly sent his family a note criticizing the administration and indicating his intentions prior to the attack.
🎯 IMPACT: The case has raised questions about security protocols at high-profile events and the motivations behind the attack, with Allen’s writings suggesting a personal vendetta against administration officials. His legal team has signaled plans to challenge the involvement of U.S. Attorney Jeanine Pirro in the case, citing bias.
📺 FLASHBACK: Allen’s actions follow a history of politically motivated incidents targeting U.S. leaders, underscoring ongoing security challenges for public officials.
📈 DATA: Records show Allen had legally purchased firearms in 2023 and 2025, and his sister revealed he had trained at shooting ranges while expressing radical ideas.

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A California man charged with attempting to assassinate President Trump during an April event in D.C. has pleaded not guilty, as prosecutors prepare to release evidence in the high-profile case.

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By Popular Demand.
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Trump Dismisses Iran’s Reply to Peace Plan as ‘Totally Unacceptable.’

President Donald J. Trump criticized Iran’s demands in response to a U.S.-backed proposal aimed at ending the Iran war on Sunday.

PULSE POINTS
❓ WHAT HAPPENED: President Donald J. Trump announced on May 10 that he plans to reject Iran’s response to a U.S.-backed proposal aimed at ending the Iran war, branding Tehran’s demands “totally unacceptable.” Prior to the President’s statement, the Trump administration and the Islamic Republic had reportedly been close to finalizing a one-page memorandum bringing the conflict to a close.
📺 DETAIL: Iranian state media reported that Tehran’s response on Sunday to a U.S. peace proposal included demands for the removal of U.S. sanctions, easing restrictions on oil sales, and an end to the American naval blockade of Iranian ports—a response to the Islamic Republic’s effective blockade of the Strait of Hormuz, a chokepoint for much of the world’s energy and fertilizer trade. Iran is also said to have pushed for increased Iranian control over the strait. Trump expressed dissatisfaction with Iran’s letter in a May 10 phone call, calling it “inappropriate,” and following up with an even stronger rejection on his Truth Social platform.
💬 KEY QUOTE: “I have just read the response from Iran’s so-called ‘Representatives.’ I don’t like it — TOTALLY UNACCEPTABLE! Thank you for your attention to this matter. ” – President Donald Trump, speaking to Axios.
🎯 IMPACT: The rejection of Iran’s demands raises questions about the future of the tenuous ceasefire in the Middle East and U.S.-Iran negotiations, with concerns over whether diplomatic efforts will continue or if military action will resume at scale.

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President Donald J. Trump criticized Iran's demands in response to a U.S.-backed proposal aimed at ending the Iran war on Sunday.

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By Popular Demand.
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HARD LEFT TURN: After Postponing Elections and Refusing to Resign, Britain’s PM is Now Nationalizing Industry and Trying to Overturn the Brexit Vote.

UK Prime Minister Keir Starmer delivers a speech addressing Labour’s electoral losses and outlining plans for a stronger relationship with the EU and domestic reforms.

PULSE POINTS
❓ WHAT HAPPENED: British Prime Minister Sir Keir Starmer delivered a 20-minute-long speech in London attempting to salvage his premiership against the backdrop of mega loses to Nigel Farage’s Reform UK party this past week. Sir Keir addresses the electoral losses across England, Scotland, and Wales, vowing to take responsibility for the results, while attacking Farage as “dangerous” and setting Britain back on a course to rejoining the European Union (EU).
📺 DETAIL: Starmer outlined plans to strengthen the UK’s relationship with the EU, proposing a youth exchange program and highlighting the importance of a “reset” in European relations. Domestically, he pledged to nationalize British Steel and block what he described as “far-right agitators” from entering the UK for an upcoming march led by Tommy Robinson.
💬 KEY QUOTE: “’I want to remind you what Nigel Farage said about Brexit. He said it would make us richer. Wrong. It made us poorer. He said it would reduce migration. Wrong. Migration went through the roof. He said it would make us more secure. Wrong again. He just fled the scene and now he will talk about almost anything other the consequences of what they delivered. He is not just a grifter, he’s a chancer.”
🎯 IMPACT: Starmer’s speech is a critical moment in shoring up his leadership amid growing internal party criticism and public doubts. His focus on European ties and domestic reforms highlights a strategic shift to rebuild support and address national challenges, though tacking to the far-left is likely more a ploy to recapture drifting Labour Party voters more captivated by Zack Polanski’s far-left Green movement than actually speaking to middle Britain.

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UK Prime Minister Keir Starmer delivers a speech addressing Labour's electoral losses and outlining plans for a stronger relationship with the EU and domestic reforms.

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By Popular Demand.
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Prosecutors Seek Death Penalty for Haitian Hammer Killer.

Rolbert Joachin, a Haitian national accused of murdering a Florida gas station clerk with a hammer, may face execution after prosecutors announced they will seek capital punishment in the case.

PULSE POINTS
❓ WHAT HAPPENED: Florida prosecutors have announced they will seek the death penalty against Rolbert Joachin, a Haitian national accused of murdering gas station clerk Nilufa Easmin with a hammer in Fort Myers on April 2. The attack, described as “incredibly violent,” was captured on video and occurred after Joachin allegedly smashed the windshield of the victim’s car.
📺 DETAIL: Surveillance footage reportedly showed the suspect repeatedly striking the victim in the head before fleeing the scene, prompting a citywide manhunt that ended with his arrest. Lee County State Attorney Amira Fox described the killing as “extremely brutal” and said the severity of the crime justified pursuing capital punishment. Federal officials said Joachin entered the United States in 2022 and was later granted Temporary Protected Status despite a removal order, drawing criticism from immigration enforcement advocates and political leaders. The case comes after President Donald J. Trump approved the use of firing squads in federal death penalty cases, with Florida officials stating they were also open to using firing squads. Republican Governor Ron DeSantis passed legislation last July stating that any form of execution was permissible in Florida as long as it was not deemed unconstitutional.
💬 KEY QUOTE: “This crime was so violent, so extreme, so unwarranted… It is something that—once seen—is never to be forgotten.” – State Attorney Amira Fox
🎯 IMPACT: The case has reignited national debates over immigration enforcement, with President Donald J. Trump criticizing the former Biden regime for allowing Joachin to remain in the U.S.

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Rolbert Joachin, a Haitian national accused of murdering a Florida gas station clerk with a hammer, may face execution after prosecutors announced they will seek capital punishment in the case.

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By Popular Demand.
The National Pulse Now has an on-site comments section for members. Sign up today and be part of the conversation in our community of almost 15,000.