Twitter sues Elon Musk to enforce original merger agreement

Twitter sues Elon Musk to enforce original merger agreement


Musk’s plan to buy Twitter has worried policymakers around the world.

Joe Skipper | Reuters

Twitter filed suit against Elon Musk in the Delaware Court of Chancery on Tuesday after the billionaire said he was terminating his $44 billion deal to buy the company.

This is breaking news. Please check back for updates.



Source

Senate Ag Committee advances crypto bill to establish CFTC regulatory authority
Technology

Senate Ag Committee advances crypto bill to establish CFTC regulatory authority

U.S. Senator John Boozman (R-AR) speaks on the day Brian Quintenz, U.S. President Donald Trump’s nominee to lead the Commodity Futures Trading Commission (CFTC) testifies before a Senate Agriculture, Nutrition and Forestry Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., June 10, 2025. Annabelle Gordon | Reuters The U.S. Senate Agriculture Committee voted […]

Read More
Meta and Microsoft are making big moves in opposite directions after earnings
Technology

Meta and Microsoft are making big moves in opposite directions after earnings

It’s a tale of two different megacaps so far this earnings season when it comes to artificial intelligence. Meta Platforms surged after showing signs that investments in AI is boosting the bottom line, while Microsoft shares dropped as the company struggled to justify recent spending plans to investors and showed a slowdown in its cloud […]

Read More
Powell’s press conference, Big Tech earnings, U.S. dollar volatility and more in Morning Squawk
Technology

Powell’s press conference, Big Tech earnings, U.S. dollar volatility and more in Morning Squawk

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. It seemed like Federal Reserve Chair Jerome Powell’s go-to answer yesterday was “I have nothing for you on that,” which he told reporters at least five times during his press conference. Stock futures are little changed this morning. The three […]

Read More