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The US Securities and Exchange Commission sued Elon Musk on Tuesday for failing to properly disclose his ownership of X, then known as Twitter, which allowed him to buy shares of the platform at ...
One possible rescuer could be Elon Musk. Chinese government officials, according to reports by Bloomberg and The Wall Street Journal , have discussed selling the social media app’s US business ...
“Musk failed to timely file with the SEC a beneficial ownership report disclosing his acquisition of more than 5% of the outstanding shares of Twitter’s common stock in March 2022, in ...
“In total, Musk underpaid Twitter investors by more than $150 million for his purchases of Twitter common stock during this period,” the complaint reads “Investors who sold Twitter common ...
The U.S. Securities and Exchange Commission has given Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire's $44-billion takeover of Twitter in 2022, a source ...
X and Bluesky have announced they are launching custom video feeds as TikTok faces an uncertain future in the U.S. With TikTok still facing a potential ban in the U.S., rival tech companies appear ...