The SEC is pursuing monetary and legal penalties to compel Elon Musk to testify after he allegedly missed a scheduled meeting regarding the $44 billion Twitter acquisition. Musk faces civil contempt charges for not appearing as ordered on September 19, 2024. The SEC also aims to recover travel expenses incurred due to meeting cancellations. Musk's lawyers argue that rescheduling was accepted for October 3, 2024, making sanctions unnecessary. In other legal battles, the Irish Data Protection Commission sued X for AI data violations, while the Brazilian Supreme Court upheld a ban on X. UK Parliament member Dawn Butler suggested summoning Musk to discuss X's content moderation. Musk's legal team defends his absence as due to an emergency and assures his presence at the rescheduled meeting. Read more AI-generated news on: https://app.chaingpt.org/news

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