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“Musk ally Egon Durban keeps Twitter board seat despite shareholder vote” Twitter director and Elon Musk ally Egon Durban will keep his seat on the company’s board – even after shareholders voted to oust him, the social-media giant revealed Friday. Shareholders rejected Durban’s re-election to the board at the company’s annual meeting earlier this week…
“SEC probing Elon Musk’s Twitter stake purchase” The Securities and Exchange Commission is looking into Tesla Chief Executive Officer Elon Musk’s disclosure of his stake in Twitter in early April, according to a letter the agency sent to him in April. In the letter, now made public by the SEC, the regulator asks Musk why it appears he…
“Elon Musk trolls AOC on Twitter about her Tesla” Elon Musk once again trolled Alexandria Ocasio-Cortez on Twitter — daring her to ask her own followers whether they have less trust in politicians or billionaires. The Tesla CEO addressed the New York congresswoman directly on his Twitter account late on Thursday — just days after…
“Elon Musk welcomes recession: ‘Bankruptcies need to happen’” Elon Musk believes it would be beneficial for the US economy to go into a recession and that “some bankruptcies need to happen.” Tesla’s billionaire boss said that the domestic economy is in for a “rude awakening.” He also said that working from home has made Americans…
” Crypto spam increases 4000% in two years: LunarCrush “ Spam and bots have been the bane of anyone that uses the internet for years, but recently this digital scourge has ramped up activity in the crypto sector in a big way. Crypto intelligence provider LunarCrush has revealed spam in the cryptosphere has increased by…
“Elon Musk sued by Twitter investors for late stake disclosure” Billionaire Elon Musk was sued by Twitter investors for delayed disclosure of his stake in the social media company in a complaint filed on Wednesday in California federal court. The investors said Musk saved himself $156 million by failing to disclose that he had purchased more than 5% of…
“Twitter rescinds job offer to new hire” A recently hired Twitter employee’s job offer was reportedly rescinded last week as the social-media giant frantically slashes costs during buyout talks with Elon Musk. The scorned job seeker, identified as a male Palo Alto-based tech worker, said he had already begun preparations for the Mexico-based role on…
“Jack Dorsey ‘backstabbing’ led to Elon Musk bid: Twitter co-founder” Former Twitter CEO Jack Dorsey served the company on a platter to Elon Musk by “backstabbing” the company’s board of directors, one of the social media giant’s co-founders alleged. Jason Goldman, a former member of the board who was part of Twitter’s founding team more…
” ‘Yikes!’ Elon Musk warns users against latest deepfake crypto scam “ Tesla CEO Elon Musk distanced himself from yet another fabricated video promoting a cryptocurrency scam. Originally shared on Twitter, the video in question was a deepfake of Musk purportedly promoting a cryptocurrency platform boasting 30% returns on crypto deposits. Scammers made use of…
“Elon Musk pledges more equity to fund Twitter deal” Elon Musk on Wednesday pledged an additional $6.25 billion in equity financing to fund the $44 billion offer for Twitter, reducing the billionaire’s margin loan against his Tesla shares to zero. The disclosure made in a regulatory filing on Wednesday signaled Musk is working to complete the deal even though he had last week linked its…