Page 124 - Elon Musk

Elon Musk under federal investigation, reveals latest Twitter court filing

Tesla CEO Elon Musk is being investigated by the US federal authorities in connection with his USD 44 billion Twitter buyout deal, said media reports citing a court filing by the microblogging site.However, the Thursday Twitter court filing did not go into details of the ongoing probe as to what actions taken by the business magnate are being investigated by the officials, reported CNN.In the court filing, Twitter without delving into details of the matter, simply said that they are looking into Musk's "conduct" linked to the deal. The main scrutiny seems to be on Musk's legal team.Twitter accused Musk's legal team of failing to produce draft communications with the Securities and Exchange Commission and a slide presentation to the Federal Trade Commission. This is part of the two sides' ongoing litigation over whether Musk can walk away from the deal, reported CNN.Reacting to the Twitter filing, Musk's attorney Alex Spiro said that the filing only aims to digress from its own legal ..

SpaceX to seek permit from DoT for Starlink services in India: Report

Earlier this year, the Indian government asked Starlink to refund all its pre-orders until it received licences to operate in the country

Elon Musk denies speaking to Vladimir Putin on Russia-Ukraine conflict

Tesla CEO Elon Musk has denied reports that he spoke to Russian President Vladimir Putin before doling out a peace proposal on Twitter to end the ongoing war in Ukraine

Twitter ordered whistle-blower to destroy evidence, claims Elon Musk

Peiter Zatko, Twitter's ex-head of security, said he burned 10 handwritten notebooks and deleted 100 computer files at the behest of company managers as part of his separation agreement

Elon Musk's affordable internet service Starlink debuts in Japan

Elon Musk-run Starlink on Tuesday entered Japan, making it the first Asian country to get SpaceX's affordable satellite internet service

Musk slammed for suggesting Taiwan be China's 'special administrative zone'

A suggestion by Tesla Inc. CEO Elon Musk that Taiwan could be made a special administrative zone of China has provoked a backlash both from China and the self-governing island

Musk slams PayPal's policy to fine users over spreading misinformation

Digital payments company PayPal, co-founded by Elon Musk, has taken a U-turn on a controversial policy that sought to fine its users $2,500 for spreading "misinformation" on its platform

Morgan Stanley-led banks face $500 million loss on Twitter debt to Musk

When banks led by Morgan Stanley agreed in April to help finance Elon Musk's purchase of Twitter Inc., they were eager to aid an important client, the richest person in the world

Tesla to deliver first Semi Trucks to Pepsi by Dec 1, says Elon Musk

Tesla has started the production of its long-delayed Semi Truck that will have a 500 miles (800 km) range and will first reach Pepsi facilities, Elon Musk announced on Friday.

Elon Musk, Twitter spar over request to halt site's lawsuit on eve of trial

Elon Musk said banks are working to finance his $44 billion deal for Twitter Inc and asked a judge to halt the social media company's lawsuit, which Twitter swiftly rejected

Twitter slips as investors await funding details on Musk's $44-bn deal

Shares of the microblogging site were down marginally at $51.12, after rising 20% since Musk this week proposed to go ahead with the April bid of $54.20 per share to take Twitter private

Twitter an accelerant to fulfil my vision to build a super app: Elon Musk

Tesla CEO Elon Musk has said that buying Twitter is to fulfil his dream to build a super app called X.com like China's WeChat that will be available to all globally

Musk, Twitter may reach deal to end court battle as early as Wed: Report

Musk, the world's richest person, proposed to Twitter he would change course and abide by his April agreement to buy the company for $54.20 per share if Twitter dropped its litigation against him

Wall Street slides as rising Treasury yields snuff out stock rally

Twitter eases from one-year high, Tesla falls 5%; Rate-sensitive technology and related stocks like Nvidia Corp, Amazon.com, Apple Inc and Alphabet Inc fell between 1.8% and 4%

Tesla retires ultrasonic sensors in new cars with new camera tech

Elon Musk-run Tesla has announced to retire ultrasonic sensors in its cars that sense objects around them

Elon Musk's Twitter turnaround reflects legal challenges: An explainer

News that Elon Musk has agreed after all to proceed with his USD 44 billion deal to buy Twitter may have felt like a stunning surprise from the brash billionaire who loves to shock. It sent shares of the social media platform soaring and stoked alarm among some media watchdogs and civil rights groups worried about what kind of free speech would flourish on Twitter under Musk. But it wasn't surprising to observers of the monthslong legal battle as Twitter tried to compel the world's richest man to consummate the buyout he had tried to back out of. In the months since his initial offer to buy Twitter in April, Musk faced a huge legal challenge. A combination of gambles or missteps and potential advantages that didn't pan out made his hand appear weak for the trial looming in less than two weeks in Chancery Court in Delaware. He says he'll only complete the deal if that trial is put on hold. More immediately, Musk faced a deposition in the case by Twitter's attorneys starting on ...

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Morale of Twitter employees at all-time low with Elon Musk as boss

Elon Musk's intention to buy Twitter has hit the morale of employees at Parag Agrawal-led platform, as they aren't feeling great about what is actually coming at them after months of drama

Explained: Legal challenges that made Musk reconsider Twitter deal

News that Elon Musk has agreed after all to proceed with his USD 44 billion deal to buy Twitter may have felt like a stunning surprise from the brash billionaire who loves to shock. It sent shares of the social media platform soaring and stoked alarm among some media watchdogs and civil rights groups worried about what kind of free speech would flourish on Twitter under Musk's vision. But it wasn't surprising to observers of the months long rollercoaster of the Twitter vs Musk legal battle, as Twitter tried to compel the world's richest man to consummate the buyout he had tried to back out of. In the months since his initial offer to buy Twitter in April, Musk faced a huge legal challenge. A combination of gambles or missteps by Musk and potential advantages that didn't pan out made his hand appear weak in the trial looming in less than two weeks in Chancery Court in Delaware. He is setting as a condition for completing the deal that the trial being put on hold. More immediately,

Top Headlines: Reliance Jio 5G trials today, Musk-Twitter deal, and more

Advancing its 5G launch, Reliance Jio will start a beta trial of the service in four cities on Wednesday, offering select customers unlimited data with up to 1 Gbps speed