Elon Musk must face class action over late disclosure of Twitter stake, judge rules
The judge said Musk did not overcome the presumption that his alleged misrepresentations affected Twitter’s share price
Musk misled Twitter investors before 2022 buyout, jury says
[SAN FRANCISCO] Elon Musk defrauded Twitter investors when he disparaged the company in 2022 in an effort to buy the social media platform for a lower price than his original US$44 billion bid, a jury...
Musk says X hit by major cyberattack
[SAN FRANCISCO] Elon Musk said X was hit on Monday by a major cyberattack, raising questions as to whether the politically divisive billionaire is being targeted or his decision to gut staff at what w...
US SEC sues Elon Musk over late disclosure of Twitter stake
ELON Musk was sued on Tuesday by the US Securities and Exchange Commission, which accused the world’s richest person of waiting too long to disclose in 2022 he had amassed a large stake in Twitter, th...
Why X is hiding which posts you ‘like’ from other users
USERS of Elon Musk’s X can no longer see which social media posts their fellow X users “like.” X’s engineering team said the change is meant to protect user privacy.
Tesla shareholder sues Musk for alleged US$7.5 billion insider trading
A TESLA shareholder filed a lawsuit on Thursday (May 30) accusing CEO Elon Musk of insider trading when he sold over US$7.5 billion of shares of the electric car maker in late 2022, saying the billion...
Elon Musk ordered to testify again in US SEC probe of Twitter takeover
A US Federal court ordered on Tuesday that Elon Musk must testify again in the US Securities and Exchange Commission’s investigation into his US$44 billion takeover of Twitter.
Ex-Twitter executives sue Musk for unpaid severance
FORMER top executives of Twitter sued Elon Musk on Monday saying he has failed to pay them nearly US$130 million after the billionaire took over the social media company and dismissed them.
