WILMINGTON, Del. (AP) — Tesla CEO Elon Musk was reprieved from questioning by Twitter lawyers Monday, according to several press reports. The billionaire had been scheduled to give a deposition in his high-stakes court fight with Twitter over whether he has to follow through with his agreement to buy the social platform for $44 billion.
WASHINGTON (AP) — Elon Musk's hope to operate his satellite internet firm in Iran requires permission from the Treasury Department, which said Tuesday it welcomes applications to support internet freedom in the country that is largely isolated from Wwestern economies.
BOSTON (AP) — College photos of Tesla CEO Elon Musk and memorabilia from his girlfriend at the time sold for $165,000 at auction, a Boston auction house said Thursday.
Boston-based RR Auction said it was a collection of never-before-seen photos and memorabilia from Musk's college girlfriend, Jennifer Gwynne.
Elon Musk will be able to include new evidence from a Twitter whistleblower as he fights to get out of his $44 billion deal to buy the social media company, but Musk won't be able to delay a high-stakes October trial over the dispute, a judge ruled Wednesday.
Musk cites whistleblower as new reason to exit Twitter deal
SAN FRANCISCO (AP) — Elon Musk and Twitter lobbed salvos at each other in the latest round of legal filings over the billionaire Tesla CEO’s aborted plan to buy the social media platform.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
Best Buy Co., up $1.19 to $74.89.
The electronics retailer beat Wall Street's second-quarter financial forecasts.
Tesla CEO Elon Musk and Twitter lobbed more accusations at each other Tuesday in the latest round of legal filings over Musk’s efforts to rescind his offer to buy the social media platform.
Musk filed more paperwork in his bid to terminate the deal, this time based on information in a whistleblower complaint filed by Twitter’s former head of security.
WILMINGTON, Del. (AP) — Elon Musk's legal team is demanding to hear from Twitter's whistleblowing former security chief, who could help bolster Musk's case for backing out of a $44 billion deal to buy the social media company.
Elon Musk's SpaceX and T-Mobile are teaming up in an attempt to connect mobile devices through a network of satellites, providing coverage to even the most isolated places.
Under the plan, T-Mobile’s wireless network would be routed through SpaceX Starlink satellites that are in low Earth orbit.
DOVER, Del. (AP) — A Delaware judge ordered both Twitter and Tesla CEO Elon Musk to turn over more information to opposing lawyers in their tussle over Musk's agreed-to-then-abandoned $44 billion deal to acquire the social platform.
DETROIT (AP) — U.S. securities regulators are questioning Twitter about the way it determines how many fake accounts are on its platform.
The Securities and Exchange Commission in June asked the company about its methodology for calculating false or spam accounts and "the underlying judgments and assumptions used by management.”
Twitter's former head of security alleged that the company misled regulators about its poor cybersecurity defenses and its negligence in attempting to root out fake accounts that spread disinformation, according to a whistleblower complaint filed with U.S.
Elon Musk might have just gotten a leg up in his effort to back out of buying Twitter.
The billionaire Tesla CEO has spent months alleging that the company he agreed to buy for $44 billion undercounted its fake and spam accounts — and that he shouldn't have to consummate the deal as a result.
Tesla CEO Elon Musk has subpoenaed his friend and former Twitter CEO Jack Dorsey as part of an effort to back out of his $44 billion agreement to acquire the company Dorsey helped found, according to court documents.
Frenzied talk of billionaires wanting — or, in the case of Elon Musk, not wanting — to buy Manchester United has topped the sports agenda in Britain this week.
LONDON (AP) — Elon Musk caused a stir by tweeting that he was buying the English soccer team Manchester United — whose current owners are opposed by many fans — then saying several hours later that it was a joke.
Elon Musk sells $7B in Tesla shares ahead of Twitter fight
Musk says Twitter deal could move ahead with 'bot' info
Musk countersuit accuses Twitter of fraud over 'bot' count
Twitter responds to Musk's claims, calls them 'excuses'
DETROIT (AP) — Tesla shareholders on Thursday approved a three-for-one stock split, a move that will make the company's shares more accessible to smaller investors.
Preliminary results of the shareholder vote were announced at the electric car and solar panel maker's annual meeting at its new factory in Austin, Texas.
DOVER, Del. (AP) — Elon Musk’s answer to Twitter’s lawsuit over his attempt to back out of a $44 billion deal to buy the social media company will be made public by Friday evening at the latest, a judge ruled Wednesday.
SAN FRANCISCO (AP) — Elon Musk’s wealthy high tech allies don’t seem too happy about receiving subpoenas from Twitter as part of the company’s legal battle with the Tesla CEO.
DOVER, Del. (AP) — Twitter has set Sept. 13 as the date for its shareholders to vote on the company’s pending buyout by Tesla CEO Elon Musk.
The company said in a regulatory filing on Tuesday that it is recommending shareholders vote for the $44 billion deal to be completed.
What drew three women to bear Elon Musk children besides his wealth? Women’s reproductive priorities explained
Tesla founder Elon Musk " the world's richest man " has nine children with three women, part of his bid to rescue our planet from an impending "population collapse". He has suggested others should also do their bit for the human race, as the effects of our dwindling population will be felt in less than 20 years' time.
LONDON (AP) — Twitter reported a quarterly loss Friday and declining revenue caught Wall Street off guard with the number of people using the platform on the rise.
The latest quarterly earnings figures offered a glimpse into how the social media platform has performed during a months-long negotiation with billionaire and Tesla CEO Elon Musk after he said that he would buy the company, and then changed his mind.
DETROIT (AP) — Tesla's second-quarter profit fell 32% from record levels in the first quarter as supply chain issues and pandemic lockdowns in China slowed production of its electric vehicles.
But the Austin, Texas, company still surprised analysts Wednesday with a better-than-expected $2.26 billion net profit for the quarter.
Tesla CEO Elon Musk lost his fight to delay Twitter’s lawsuit against him as a Delaware judge on Tuesday set an October trial, citing the “cloud of uncertainty” over the social media company after the billionaire backed out of a deal to buy it.
DOVER, Del. (AP) — Elon Musk's attempt to delay a lawsuit filed against him by Twitter after he tried to walk away from a $44 billion agreement to buy the company has failed.
NEW YORK (AP) — The economy is a bit wobbly, but General Motors CEO Mary Barra isn't backing off of an audacious prediction: By the middle of this decade, her company will sell more electric vehicles in the U.S.
SAN FRANCISCO (AP) — Tesla CEO Elon Musk fired back Friday at Twitter’s lawsuit seeking to force him to complete his $44 billion acquisition of the platform, according to multiple news reports.
In a filing with the Delaware Court of Chancery, Musk’s lawyers accused Twitter of withholding information about fake accounts — a longtime preoccupation for Musk — and of creating delays, providing evasive responses and putting up technical obstacles.
DOVER, Del. (AP) — Twitter Inc.’s lawsuit to force billionaire Elon Musk to make good on his promise to buy the social media giant will be resolved in a small but powerful Delaware court that specializes in high-stakes business disputes.
Companies hit the brakes on deal-making during the first half of 2022 as concerns over pervasive inflation, interest rate hikes and the threat of a recession loomed over Wall Street.
Overall, companies announced $2.2 trillion worth of buyout deals in the first half of the year, a 21% drop from a year earlier.
Twitter appears to be returning for some users after experiencing an hourlong outage that affected both its app and website on Thursday.
Individuals attempting to use the social media platform were met with a message saying “Tweets aren't loading right now.
Twitter is telling its employees that it's not planning any companywide layoffs, but there could be some restructuring and organization changes as it heads into a legal battle over the potential sale to Elon Musk.
In the latest twist in the Twitter-Elon Musk saga, the company has sued the billionaire Tesla CEO in an attempt to force him to complete his $44 billion takeover.
Stocks that traded heavily or had substantial price changes Wednesday:
Delta Air Lines Inc., down $1.39 to $29.70.
The airline's second-quarter earnings and revenue fell short of Wall Street forecasts.
Twitter sued Tesla CEO Elon Musk on Tuesday, trying to force him to complete his $44 billion takeover of the social media company by accusing him of “outlandish” and “bad faith” actions that have caused the platform irreparable harm and “wreaked havoc” on its stock price.
Wall Street is back to falling on Monday, ahead of a busy week with updates scheduled for how bad inflation is and how corporate profits are handling it.
The S&P 500, the Dow Jones Industrial Average and the Nasdaq all closed lower.
NEW YORK (AP) — Shares of Twitter slid more than 11% in the first day of trading after billionaire Elon Musk said that he was abandoning his $44 billion bid for the company and the social media platform vowed to challenge Musk in court to uphold the agreement.
Tesla CEO Elon Musk and Twitter are bracing for a legal fight after the billionaire said Friday he was abandoning his $44 billion bid for the social media company.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Twitter Inc., down $4.16 to $32.65.
Elon Musk wants to abandon his $44 billion offer to buy the social media company.
Elon Musk announced Friday that he will abandon his tumultuous $44 billion offer to buy Twitter after the company failed to provide enough information about the number of fake accounts.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:
Twitter Inc., down $1.98 to $36.81.
Elon Musk's deal to buy the social media company is reportedly in jeopardy.
Twitter said it removes 1 million spam accounts each day in a call with executives Thursday during a briefing that aimed to shed more light on the company's fake and bot accounts as it tussles with Elon Musk over “spam bots.”
LONDON (AP) — British military authorities are trying to find out who hacked the army’s social media accounts over the weekend, flooding them with cryptocurrency videos and posts related to collectible electronic art.
ROME (AP) — Tesla CEO Elon Musk, whose $44 billion bid to buy Twitter remains in limbo, used the social media platform to announce he had met with Pope Francis.
“Honored to meet @Pontifex yesterday,” Musk tweeted of the Friday afternoon audience, alongside a photo showing Musk, Francis and four of Musk’s teenage children.
Tesla CEO Elon Musk described the electric automaker's factories in Austin and Berlin as “money furnaces” that were losing billions of dollars because supply chain breakdowns were limiting the number of cars they can produce.
LOS ANGELES (AP) — A California judge has approved a request by Tesla CEO Elon Musk’s adult daughter to change her name and gender on her birth certificate.
Vivian Jenna Wilson filed the petition in Los Angeles County Superior Court the day after turning 18 in April.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
Tesla Inc., up $60.83 to $711.11.
CEO Elon Musk reportedly confirmed that the electric vehicle maker will cut its salaried workforce by about 10%.
NEW YORK (AP) — Twitter's board has recommended unanimously that shareholders approve the proposed $44 billion sale of the company to billionaire and Tesla CEO Elon Musk, according to a regulatory filing Tuesday.