[ad_1] Securities and Exchange Commission on Friday clarified It began investigating Elon Musk’s Twitter stock purchases in early April and whether he had accurately disclosed his stake and intentions forRead More
Tag: Twitter
Twitter shareholders sue Elon Musk, says he’s ‘deflated’ stock price
[ad_1] Twitter shareholders have accused Elon Musk of engaging in “illegal behavior” aimed at casting suspicion over his bid to buy the social media company. The lawsuit, filed late WednesdayRead More
Twitter Fines Musk in Non-Disclosure Agreement for Commitment to More Equality
[ad_1] Twitter was fined $150 million on Wednesday by the Federal Trade Commission and the Department of Justice as part of a deal that misled users about how it treatedRead More
Twitter decides to pay $150 million for data privacy breaches
[ad_1] The Department of Justice and the Federal Trade Commission on Wednesday ordered Twitter to pay a $150 million fine for alleged data privacy violations. The government said Twitter agreedRead More
Twitter shareholders meet amid Elon Musk’s takeover drama
[ad_1] At Twitter’s regularly scheduled shareholder meeting Wednesday, Tesla billionaire Elon Musk’s $44 billion bid for the social platform was not voted on. This vote will take place at anRead More
‘Twitter philanthropy’ reveals social safety net gaps
[ad_1] Single dad Billy Price was struggling to make a living before someone broke into his Michigan storage unit and stole his identity and ruined his credit. Price filed aRead More
Almost half of Biden’s Twitter followers are fake audition shows
[ad_1] Nearly half of President Biden’s 22.2 million followers on Twitter are fake, according to a new audit. Software company SparkToro has determined that 49.3% of accounts following Mr. Biden’sRead More
Elon Musk Says Twitter Deal Can’t ‘Move Ahead’ in Current Situation
[ad_1] In pre-market trading, Twitter shares fell further, down 2 percent. Company said in a statement On Tuesday, it accompanied a regulatory filing stating that it “committed to completing theRead More
Elon Musk’s China ties add potential risks to Twitter acquisition
[ad_1] BEIJING — Elon Musk’s ties to China, in his role as the largest shareholder in electric car brand Tesla, could complicate his bid to buy Twitter. Other companies seekingRead More
Elon Musk: Suspicions over spammy accounts could break Twitter deal
[ad_1] LONDON (AP) — Tesla CEO Elon Musk said the deal to buy Twitter will not move forward unless the company shows public evidence that less than 5% of accountsRead More