Business
Judge allows Elon Musk’s ‘thermonuclear’ lawsuit against Media Matters to proceed
From LifeSiteNews
Elon Musk accuses Media Matters of manufacturing images to falsely accuse his social media platform X of putting advertisers next to Nazi content.
A federal judge has ruled that anti-woke, pro-free-speech tech mogul Elon Musk’s lawsuit against far-left Media Matters for America (MMFA) can proceed, keeping alive a “thermonuclear” challenge to the notorious organization’s practices that could set a major precedent.
Last November, Musk, the Tesla owner whose purchase of Twitter and transformation of it into X has upended left-wing activists’ monopoly on social media speech, filed a lawsuit against MMFA over an article it published accusing accusing Musk of having descended “into white nationalist and antisemitic conspiracy theories,” and “placing ads for major brands like Apple, Bravo (NBCUniversal), IBM, Oracle, and Xfinity (Comcast) next to content that touts Adolf Hitler and his Nazi Party.”
Musk responded that the article’s images were “manufactured” to create a false impression and “destroy” X. He vowed to launch a “thermonuclear lawsuit against Media Matters and ALL those who colluded in this fraudulent attack on our company,” promising to hold accountable the group’s’ “board, their donors, their network of dark money, all of them.”
On August 29, Bush-appointed U.S. District Court for the Northern District of Texas Judge Reed O’Connor rejected MMFA’s bid to have the suit dismissed.
“Plaintiff has provided sufficient allegations to survive dismissal,” he wrote. “Plaintiff has factually alleged: the existence of contracts subject to interference; intentional acts of interference; and proximate causation […] Plaintiff plausibly alleges that Defendants proximately caused their harm. Proximate cause requires proof of both cause-in-fact and foreseeability. Defendants present a compelling alternative version of events to Plaintiff’s. However, the Court will not ‘choose among competing inferences’ at this stage […] Accordingly, Plaintiff’s Amended Complaint alleges sufficient facts to state a claim of tortious interference with contract.”
Commenting on the ruling, George Washington University law professor Jonathan Turley wrote that “Musk’s lawsuit may be the most defining for our age of advocacy journalism” because it “directly challenges the ability of media outlets to create false narratives to advance a political agenda.”
“The complaint accuses Media Matters of running its manipulation to produce extremely unlikely pairings, such that one toxic match appeared for ‘only one viewer (out of more than 500 million) on all of X: Media Matters,’” Turley explained. “In other words, the organization wanted to write a hit piece connecting X to pro-Nazi material and proceeded to artificially create pairings between that material and corporate advertisements. It then ran the story as news.”
“Indeed, two defendant employees of Media Matters did not deny that they were aware of the alleged manipulation and that they were seeking to poison the well for advertisers in order to drain advertising revenues for X,” he added.
Media Matters describes its mission as “comprehensively monitoring, analyzing, and correcting conservative misinformation in the U.S. media,” but conservatives say its true mission is to demonize conservative voices and promote leftist narratives and misinformation. Leftist billionaire George Soros has supported the organization with millions in donations since its birth in 2004, though he did not go public with his support until 2010.
Media Matters founder David Brock has described the organization’s mission as “guerrilla warfare and sabotage” against Fox News but has long since branched out to other major outlets deemed out of step with the Left. It has also advocated censoring conservatives on social networks such as Facebook, to which Musk’s purchase and transformation of Twitter stands in opposition.
In 2021, Media Matters was one of multiple left-wing groups that took credit for pressuring Facebook to ban LifeSiteNews, based on false claims of “COVID-19 and vaccine disinformation.”
Alberta
“It’s Canada’s Time to Shine” – CNRL’s $6.5 Billion Chevron Deal Extends Oil Sands Buying Spree
From Energy Now
Canadian Natural Resources Ltd.’s $6.5 billion acquisition from Chevron Corp. marks the latest in a string of deals that has helped make it the country’s largest oil producer and brought Alberta’s massive oil sands deposits almost entirely under local control.
CNRL has feasted on the oil sands assets of foreign energy producers over the past decade, snapping up stakes and operations from Devon Energy Corp. and Shell Plc as they shifted away from the higher-cost, higher-emissions oil sands business. Investors have applauded the strategy, which allows CNRL to boost output and make the operations more efficient.
That trend continued on Monday, with CNRL shares climbing more than 4% after the deal with Chevron raised its stake in a key oil sands mine and a connected upgrading facility, while also adding natural gas assets in the Duvernay formation.
“These assets build on the robustness of Canadian Natural’s assets,” said CNRL President Scott Stauth said on a conference call Monday. The deal boosts CNRL’s stake in the Athabasca oil sands project, which it first bought from Shell in 2017, to 90% from 70%.
The acquisition was largely expected and boosts CNRL’s oil and gas output by roughly 9%, adding the equivalent of 122,500 barrels of oil production per day.
“It’s just been a matter of time,” Eight Capital analyst Phil Skolnick said by phone, noting that CNRL had been seen as the logical buyer for Chevron’s oil sands business.
While CNRL also boosted its dividend by 7% on Monday, Desjardins analyst Chris MacCulloch cautioned the company’s additional debt to finance the acquisition “may disappoint some investors” given it plans to temporarily slow capital returns.
Still, MacCulloch said the deal is positive overall for CNRL as it further consolidates assets in the region. “There’s no place like home,” he wrote in a note.
Chevron, for its part, is the latest in a long line of US and international oil producers — such as BP Plc, TotalEnergies SE and Equinor ASA — that have shifted away from the oil sands after spending billions to build facilities in the heavy-oil formation. That has left the oil sands largely in the control of Canadian firms including CNRL, Suncor Energy Inc. and Cenovus Energy Inc.
“There’s no remaining, obvious assets available,” Ninepoint Partners partner and senior portfolio manager Eric Nuttall said after Monday’s deal. Ninepoint owns 3.1 million shares in CNRL, data compiled by Bloomberg show.
Many of those oil sands deals have been struck at prices that favor the Canadian buyers, which have consolidated land, reduced costs and boosted returns in recent years.
“It’s Canada’s time to shine,” Nuttall said, adding that he expects foreign investors will return to the country’s oil producers in the future.
Business
Elon Musk Warns Harris Will Try To Shut Down X ‘By Any Means Possible’ If Elected
From the Daily Caller News Foundation
Tesla CEO and X owner Elon Musk said Vice President Kamala Harris will launch “lawfare” in an effort to shut down X “by any means possible” if she wins the 2024 presidential election.
Musk sat down for a two-hour interview with former Fox News host Tucker Carlson, a co-founder of the Daily Caller and Daily Caller News Foundation, released on Monday. Musk said that should Harris win the presidency, he anticipated that he and his companies would face legal action.
“If she wins, how can they let X continue in its current form, in its current role in American society?” Carlson asked Musk about the future of the social network if Harris wins the presidency.
“They won’t,” Musk responded. “They will try to shut it down by any means possible.”
WATCH:
Former Secretary of State Hillary Clinton called for Americans to be “criminally charged” for spreading what she viewed as disinformation during a Sept. 17 interview with MSNBC host Rachel Maddow, and warned that a lack of censorship was causing a loss of “total control” in a Saturday interview with CNN host Mike Smerconish.
Carlson asked Musk to explain what he meant when he said a Harris administration would use “any means possible” to shut down X.
“They might try to pass laws,” Musk said. “They’ll try to prosecute the company, prosecute me. The amount of lawfare we’ve seen taking place is outrageous.”
Musk noted the Biden administration had sued SpaceX for failing to hire asylum seekers
“I mean… the Department of Justice, for example, launched a huge lawsuit against SpaceX for failing to hire asylum seekers,” Musk continued as Carlson expressed shock. “Not those granted asylum, but asylum seekers. Now, there’s also a law called International Traffic in Arms Regulations that because SpaceX develops advancements in technology that can be used in nuclear ICBMs… we have to be careful who we hire. We can only hire a permanent resident or a citizen.”
The Justice Department announced the suit against SpaceX in August 2023, claiming the company “discouraged asylees and refugees from applying to the company” in legal documents. The Equal Employment Opportunity Commission (EEOC) sued Tesla in September 20203. claiming black employees faced harassment and threats, including nooses.
The Biden administration launched other investigations and lawsuits into companies Musk is tied to, including Tesla, since he purchased Twitter in 2022. Musk predicted a dirty tricks campaign in May 2022, as his purchase of Twitter was in progress.
Musk has been an outspoken supporter of former President Donald Trump’s bid to return to the White House, funding America PAC, speaking at Trump’s Saturday rally at Butler, Pennsylvania, at the site of an attempted assassination of the former president and donating to efforts to elected House GOP candidates.
Harris did not immediately respond to a request for comment from the Daily Caller News Foundation.
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