Tesla shares dropped in value after the Twitter poll. The SEC declined to comment. “I didn’t start the fight, but I will finish it.” The SEC sued Musk for making “false and misleading” statements to investors.
Representatives for Musk and Grimes couldn’t immediately be reached for comment.
“Should we let machines flood our information channels with propaganda and untruth? Should we automate away all the jobs, including the fulfilling ones? Should we risk loss of control of our civilization?” OpenAI didn’t immediately respond to a request for comment. OpenAI’s own research has shown that there are risks that come with these AI skills.
Neuralink’s efforts have yet to receive FDA approval. Neuralink didn’t immediately respond to a request for comment.
The SEC sued Musk for “false and misleading” statements to investors. We reached out to Musk’s attorney for a comment and will update the story when we hear back. The SEC declined to comment.
Musk planned tocut about 3,700 jobs at Twitteror about half of its workforce, Bloomberg reported on Wednesday. The move came after Musk completed a deal to buy Twitter for $44 billion and fired several executives. Musk tried to back out of the deal, but Twitter sued him to enforce the agreement. The company has 238 million daily users on its platform who can see ads. Other ideas involve ways to make money outside of advertising....
Forbes' ever-changingReal-Time Billionaireslist reflected Musk’s short stay in second place this morning. Utilizing stock market changes, rankings are updated every five minutes each day. Musk himself sold nearly 20 million shares, worth roughly $4 billion, in the electric car company. His roles as CEO/owner of Tesla, Twitter, SpaceX,Neuralinkand The Boring Company contribute to his wealth. Though Musk was temporarily dethroned today, Forbes' billionaire rankings continue to fluctuate during day trading hours....
(The flight attendant reportedly rides horses.) SpaceX and Tesla, which Musk also runs, didn’t immediately respond to requests for comment. CNET’s David Lumb contributed to this report.
Muskagreed to buy Twitter for $44 billionin April, but said hewas pulling outin July. Twitter responded by saying it still plans to shut the deal by suing the billionaire. Inits own letter to the SEC, Twitter’s lawyers denied Musk’s latest allegation. Twitter and Musk will go on trial on Oct. 17 in Delaware if they don’t reach a settlement.
It’s official: Elon Musk is Twitter’s new chief executive. My title is Chief Twit right there in the bio. No idea who the CEO is. Twitter representatives didn’t respond to a request for comment.
“It’s a great day for free speech,” Spiro said in an emailed statement. The group alleges the statements were false and misleading, a point the judge agrees with. Am considering taking Tesla private at $420. In September 2018, the SEC sued Musk for securities fraud over makingmisleading statements. Musk has said he wants to make Twitter a bastion of free speech.
Elon Musk wants to buy Twitter for $43 billion, but he may need Wall Street’s help. It’s unlikely Twitter will accept Musk’s offer, according to some analysts. Morgan Stanley and Apollo Global Management didn’t immediately respond to requests for comment. See Also:Elon Musk Offers to Buy Twitter: Everything you should probably Know
In April, the SEC declined to comment on a potential investigation. The SEC also declined to comment on Wednesday. The tardy submission allowed him to buy more stock without alerting other shareholders. The filing could have signaled to shareholders that Musk may have been interested in taking control of Twitter. Musk could not immediately be reached for comment. CNET reached out via Tesla’s press email, but the company dissolved its PR department....
