Elon Musk sued by SEC over 2022 Twitter stock purchases
Elon Musk spoke out about DOGE's cost-saving potential during a livestream with Stagwell CEO Mark Penn. The U.S. Securities and Exchange Commission (SEC) filed a lawsuit this week against former Twitter owner Elon Musk X over his purchase of Twitter stock in 2022. The complaint alleges that Musk failed to timely disclose that he had […]
SEC sues Musk, alleging Twitter-related securities violation
The Securities and Exchange Commission (SEC) has charged tech billionaire Elon Musk with securities fraud by failing to disclose his ownership stake in Twitter Inc. According to the SEC's complaint filed Tuesday in Washington, D.C. District Court, Musk provided information that allowed him to underpay for Twitter stock he purchased “after the deadline for filing […]
Elon Musk sued by SEC over late disclosure of Twitter stake
Elon Musk was sued by the Securities and Exchange Commission on Tuesday for failing to timely disclose his purchase of more than 5% of Twitter's common stock in March 2022. In a complaint filed in federal court in Washington, D.C., the SEC said the delay allowed Musk to continue buying Twitter stock at artificially low […]
‘Pure Fiction:’ China’s TikTok Says Elon Musk Is Not Buying Platform from ByteDance
China's TikTok said recent reports that ByteDance is considering a sale to Elon Musk are “complete fiction.” TikTok is scheduled to be banned in the then-U.S. on Sunday. A TikTok spokesperson said: “We cannot be expected to comment on pure fiction.” said variety after being asked for comment on reports that the Chinese Communist Party […]
Bannon says he realizes Musk 'not going to be totally out' of MAGA
Steve Bannon said Tuesday that tech billionaire Elon Musk is “not completely withdrawing” from the MAGA movement, but the former adviser to President-elect Trump He is criticizing Elon Musk. “As soon as we can transform Elon Musk from a techno-feudalist to a populist nationalist, we will begin to make real progress,” Bannon told POLITICO during […]
Elon Musk poised to occupy White House office space: report
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TikTok denies reports of sale to Elon Musk: 'pure fiction'
TikTok has denied reports that Chinese authorities are considering selling its U.S. operations to tech billionaire and Trump ally Elon Musk ahead of a possible ban on Sunday. , called the report “complete fiction.” TikTok spokesperson Michael Hughes said in a statement that “we cannot be expected to comment on pure fiction.” The popular video-sharing […]
LA wildfires: Elon Musk gives Starlinks to California first responders
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TikTok responds to rumors China wants to ask Musk to buy platform: ‘pure fiction’
Sen. Rand Paul (R-Kentucky) joins “Maria Bartiromo's Wall Street” for a wide-ranging interview. Rumors surfaced on Monday that China was trying to get the owner of Company X to buy TikTok, but a representative for Company X said it was “complete fiction.” Bloomberg reported on Monday that Chinese authorities are considering options, including Musk's acquisition […]
China mulls potential sale of TikTok US to Elon Musk: report
Chinese authorities are planning to sell TikTok's U.S. operations by a billion yen if the company fails to avoid a possible ban, Bloomberg News reported Monday, citing people familiar with the matter. The company is reportedly considering the option of selling it to billionaire Elon Musk. Chinese authorities are considering the option of selling TikTok's […]