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Washington DC: Elon Musk was sued on Tuesday by the U.S. 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, the social media company he later bought. In a complaint filed in Washington, DC federal court, the SEC…
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Less than a year ago, tech billionaire Elon Musk was Britain’s star guest at a conference, with the then Prime Minister, Rishi Sunak, playing the role of a fawning interviewer to the world’s richest man. A year on, things have changed in Britain. The Labour government, which came to power in July, has decided not…
The report added that half of the workers were fired within months of the acquisition. Tech billionaire Elon Musk made a lot of noise when he bought Twitter (now X) for $44 billion in 2022. The social media platform has seen quite a few changes since then. Now, as per a report by The Telegraph, Elon…
Read More “Elon Musk Asked X Employees To Justify Their Jobs. Then Fired 6,000: Report” »
The probe concerns whether Musk broke federal securities laws in 2022 when he bought stock in Twitter. San Francisco: A federal judge on Thursday indicated a willingness to compel Elon Musk to testify again in the U.S. Securities and Exchange Commission’s investigation into his $44 billion takeover of Twitter. Lawyers for the billionaire appeared in…
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Representational Image Islamabad: A Pakistan High Court on Wednesday said the government must restore social media platform X within one week, a lawyer said, after more than two months of disruption ordered by the interior ministry. The platform, formerly known as Twitter, has been rarely accessible since February 17, when jailed former prime minister Imran…
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Four former top Twitter executives, including former CEO Parag Agrawal, have sued Elon Musk. San Francisco: Four former top Twitter executives, including former CEO Parag Agrawal, have sued Elon Musk for over $128 million in severance, the Wall Street Journal reported on Monday. The other plaintiffs are Ned Segal, Twitter’s former chief financial officer; Vijaya…
Read More “Ex-Twitter CEO Parag Agrawal, 3 Others Sue Elon Musk Over Unpaid Severance: Report” »
Elon Musk bought the microblogging site for $44 billion in 2022. Billionaire Elon Musk’s platform X, which was formerly known as Twitter, is now valued at less than half of what he purchased it for, a year ago. Mr Musk has earlier acknowledged that he had overpaid for Twitter, which he bought for $44 billion,…
EU is opening an investigation into Elon Musk’s social media platform X over disinformation. Brussels: The European Commission said Thursday it is opening an investigation into Elon Musk’s social media platform X, formerly Twitter, to determine if it has allowed the spread of disinformation about the conflict in the Middle East. The Commission said it…
Read More “EU To Investigate Elon Musk’s X For Potential Hamas-Israel War Disinformation” »
The government has issued notices to X, YouTube, and Telegram (Representational) New Delhi: The government has issued notices to social media platforms X, formerly Twitter, YouTube, and Telegram to remove child sexual abuse material from their platforms in India, an official statement said on Friday. Minister of State for Electronics and IT, Rajiv Chandrasekhar said…
Elon Musk bought Twitter for $44 billion last year in October after months of negotiation. Wilmington: Elon Musk, the world’s richest man, is under investigation by the U.S. Securities and Exchange Commission over his $44 billion takeover of social media giant Twitter, according to a Thursday court filing in which the agency sought to compel…
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