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May 5 Overnight Brief
In business and tech
Elon Musk has settled a Securities and Exchange Commission lawsuit over his Twitter purchase for $1.5 million. The SEC had accused him of violating securities laws in connection with the deal. Elsewhere in Musk litigation, OpenAI president Greg Brockman testified that his stake in the company is worth nearly $30 billion, despite not putting in personal money. He also said he once promised to donate $100,000 to OpenAI’s charity and never paid it. Silicon Valley remains a place where the numbers get surreal before lunch.
In U.S. news
A Philadelphia Highway Patrol officer was shot in the leg Monday night while searching a suspect after a traffic stop in North Philadelphia. The officer was hospitalized, and the circumstances around the shooting remain under investigation.
In the NBA playoffs, the Knicks opened their second-round series by routing the 76ers 137-98 at Madison Square Garden. Jalen Brunson led New York with 35 points, and the Knicks set a postseason record by winning three straight games by at least 25 points.
In international news
Two people were killed and two others critically injured after a man allegedly drove into a crowd in Leipzig, eastern Germany. Authorities say the incident happened in a busy shopping district and are treating it as a suspected deliberate attack.
Germany has condemned drone and missile attacks on the United Arab Emirates, with Chancellor Friedrich Merz urging Iran to return to negotiations. Diplomatic appeals are always popular right after missiles.
In China, a fireworks factory blast in Changsha, Hunan province, killed at least 21 people and injured 61. President Xi Jinping has called for a thorough investigation, and rescue crews were sent to the area as authorities worked to secure nearby warehouses.
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