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Twitter-Musk trial on $44 billion deal set to begin in October after Musk loses effort to delay
Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Twitter won its motion for an expedited trial in its lawsuit against Elon Musk on Tuesday. Delaware Court of Chancery chancellor Kathaleen McCormick ruled in favor of an expedited 5-day trial, to take place in October, after a hearing conducted […]
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Snapchat is finally coming to the web after more than a decade as a mobile app
Snapchat founder and CEO Evan Spiegel attends a session during the Viva Technology show in Paris on June 17, 2022. Eric Piermont | AFP | Getty Images After over a decade as a mobile-only service, Snapchat is coming your desktop. Snap, the parent of the popular photo and messaging app, said Monday that it’s debuting […]
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Twitter board urges shareholders to approve sale to Elon Musk
The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 3, 2022. Brendan Mcdermid | Reuters Twitter’s board of directors unanimously recommended that its shareholders vote to approve Elon Musk’s $44 billion acquisition of the company. Twitter […]
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Musk says Tesla can lower car prices if inflation ‘calms down’
Tesla CEO Elon Musk said in a tweet Friday that the electric car company could lower prices if inflation “calms down.” The Bureau of Labor Statistics reported a higher-than-expected inflation rate this week with the consumer price index rising 9.1% from a year ago. Tesa increased the prices of all of its car models in […]
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Pinterest shares soar after report that Elliott Management has acquired a 9% stake
The Pinterest application on a Apple MacBook Air. Guillaume Payen | SOPA Images | LightRocket | Getty Images Pinterest shares jumped over 20% in extended trading on Thursday after The Wall Street Journal reported that Elliott Management has accumulated a stake of over 9% in the company. Elliott, known for its activist investments, has been […]
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SEC letter to Musk questions tweet about Twitter acquisition
The official profile of Elon Musk on the social network Twitter. Rafael Henrique | Lightrocket | Getty Images The Securities and Exchange Commission asked billionaire Elon Musk for more information on a tweet related to his $44 billion acquisition of Twitter that he’s recently tried to call off, a new regulatory filing Thursday shows. The […]
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Apple’s new MacBook Air is a near-perfect update, but don’t rule out the older model
A new MacBook Air running M2 chip is seen displayed during Apple’s annual Worldwide Developers Conference in San Jose, California, June 6, 2022. Peter Dasilva | Reuters Apple’s new $1,199 MacBook Air, with its latest processor, the M2, launches in stores Friday. I’ve been testing it for a week, and I think it’s the MacBook […]
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Twitter is down
The logo and trading symbol for Twitter is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, July 11, 2022. Brendan McDermid | Reuters Twitter is down Thursday morning. While the website loads for people, users are unable to see timelines. It’s not clear how widespread […]
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Here are Twitter’s biggest accusations against Musk in its lawsuit
NEW YORK, NEW YORK – MAY 02: Elon Musk attends The 2022 Met Gala Celebrating “In America: An Anthology of Fashion” at The Metropolitan Museum of Art on May 02, 2022 in New York City. (Photo by Theo Wargo/WireImage) Theo Wargo | Wireimage | Getty Images Twitter has filed suit against Elon Musk to seek […]
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Elon Musk has been expressing buyer’s remorse over Twitter for months
Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Less than three months after agreeing to buy Twitter for $44 billion, Elon Musk says he wants out. It’s no surprise — Musk has been expressing buyer’s remorse since shortly after he announced the deal. Attorneys representing Musk sent a […]
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