A federal judge has dismissed the Securities and Exchange Commission’s insider-trading case against Mark Cuban, the AP reports. Astonishingly, Cuban has yet to say anything about this on his blog or his Twitter account. But I assume that will be rectified shortly.
Dallas Mavericks owner Mark Cuban has racked up more than $1.5 million in fines from the National Basketball Association for various transgressions. But he’s still finding ways to plow new ground. The latest: A $25,000 bill from the league for two messages, totaling 49 words, he posted via Twitter on Friday. Bonus new media debate: Can you copyright a Tweet?
The billionaire investor explains why a recession is an excellent time to invest in start-ups–and how to manage a Gmail account that gets up to 5,000 messages a day. He’s also got a request for Google CEO Eric Schmidt.
The billionaire investor and whole lot of other people are betting that people are willing to spend money to watch stuff in theaters that they could see for free–if its in 3-D. The technology behind that proposition got a real-time test yesterday during the Oklahoma/Florida college championship game.
Nothing like a billionaire with a blog: Mark Cuban uses his this morning to explain that he’s still in the market for the Chicago Cubs–just not for $1 billion cash. Also, he’d like more time to raise money to buy the team. Sam Zell, are you listening?
Yesterday, I suggested that the SEC may have finally muzzled Mark Cuban by filing insider trading charges against him. But I’m quite glad I’m wrong. Cuban can’t help himself, and has already begun waging a high-profile campaign against the regulators who are suing him.
Investor/blogger/entrepreneur/Dallas Mavericks owner Mark Cuban doesn’t shy away from the spotlight. Just ask him–if you can get a word in edgewise. But now Cuban is staying mum. That’s because the SEC has filed insider trading charges against Cuban, alleging that he “avoided losses of $750,000″ by dumping shares of search engine Mamma.com after learning about a secondary offering in 2004.
Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider.
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
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