Enlarge (credit: Getty Images | NurPhoto) The shareholder who sued Elon Musk and Tesla over Musk’s infamous “Funding secured” tweet is seeking a temporary restraining order to prevent Musk from continuing in order to claim publicly that the 2018 tweet was accurate. The lead plaintiff representing a class of Tesla shareholders says a federal judge […]
Enlarge (credit: Getty Images | NurPhoto) The shareholder who sued Elon Musk and Tesla over Musk’s infamous “Funding secured” tweet will be seeking a temporary restraining order to be able to prevent Musk from continuing for you to claim publicly that this 2018 twitter update was accurate. Charge plaintiff symbolizing a class of Tesla investors […]
Enlarge / The sun sets beyond an oil pumping unit, also known as a pumping jack, at a drilling site operated by Tatneft OAO near Almetyevsk, Russia. (credit: Andrey Rudakov/Bloomberg) Daimler Trucks, eBay and a US energy company were among the recent buyers of carbon offsets created by projects that involved injecting carbon dioxide underground […]
Enlarge (credit: Getty Images | Peter Dazeley) Twitter’s board of directors today approved a poison tablet to prevent a hostile takeover in response to Elon Musk’s offer to buy the firm. “The company} on Friday adopted a so-called poison pill that makes it difficult for him to increase his stake beyond 15 percent, ” The […]
Enlarge / = (credit: SOPA Images | LightRocket | Getty Images) TikTok is under investigation by US government agencies over its handling of child sexual abuse material, as the burgeoning short-form video app struggles to moderate a flood of new content. Dealing with sexual predators has been an enduring challenge for social media platforms, but […]
Enlarge / Cars parked at the Tesla Fremont Factory in Fremont, California, on February 10, 2022. (credit: Getty Images | Josh Edelson) On Wednesday, a federal judge rejected Tesla’s claim that it is not liable for “disturbing” racist abuse suffered by an ex-factory worker. US District Judge William Orrick rejected what he called Tesla’s “watered-down revisionism” […]
Enlarge (credit: Getty Images | NurPhoto) Amazon said it will impose a 5 percent “fuel and inflation surcharge” on third-party sellers who ship through Amazon . com starting on April 28. The new fee for shipments in the US was detailed on Amazon Seller Central and applies to the Fulfillment by Amazon online (FBA) service […]
Enlarge (credit: JIM WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images) Elon Musk on Wednesday offered to personally acquire Twitter in an all-cash deal valued at $43 billion. Musk laid out the terms of the proposal in a letter to Twitter Chairman Bret Taylor that was reproduced in an SEC filing. Twitter confirmed […]
Enlarge (credit: Aurich Lawson | Getty Images) One of the main lawyers in California’s ongoing discrimination and harassment case against Activision Blizzard has resigned, citing “interference” by the office of Governor Gavin Newsom. Bloomberg reports that Melanie Proctor, the assistant chief counsel for California’s Department of Fair Employment and Housing (DFEH), said in a resignation […]
(credit: Getty Images | eccolo74) Elon Musk is facing a shareholder lawsuit over his failure to reveal his investment in Twitter until 11 days after a deadline set simply by federal law. Musk started buying Twitter stock in January and acquired more than 5 percent of all shares by March 14, the lawsuit said. Under […]