Apr 15 Twitter board of directors adopt ‘poison pill’ defense against Musk takeover bid ByMatt O'Brien, Associated Press The move would allow existing Twitter shareholders — except for Musk — to buy additional shares at a discount, thereby diluting Musk's stake in the company. Continue reading
Apr 14 Tesla CEO Elon Musk offers to buy Twitter, making it a private company, for $43 billion ByMichelle Chapman, Matt O'Brien, Associated Press Tesla CEO Elon Musk is offering to buy Twitter. He says the social media platform he has criticized for not living up to free speech principles needs to be transformed as a private company. Continue reading
Apr 13 Lawsuit accuses Elon Musk of breaking law while nearly doubling Twitter stock ByMichael Liedtke, Associated Press Elon Musk's huge Twitter investment took a new twist Tuesday with the filing of a lawsuit alleging that the colorful billionaire illegally delayed disclosing his big stake in the social media company so he could buy more shares at lower… Continue reading
Apr 05 Elon Musk to join Twitter’s board, a day after becoming its biggest stakeholder ByMichelle Chapman, Associated Press Elon Musk is joining Twitter's board of directors, one day after it was disclosed that the Tesla CEO took a 9% stake in the social media platform. Continue reading
Apr 04 Elon Musk buys 73.5 million shares of Twitter’s stock, becoming biggest stakeholder ByMichelle Chapman, Tom Krisher, Associated Press The ultimate aim of Musk's purchase worth $3 billion is not clear, yet in late March Musk, who has 80 million Twitter followers, questioned free speech on Twitter and whether the platform is undermining democracy. Continue reading
Mar 22 SEC claims authority to subpoena Elon Musk over tweets ByTom Krisher, Associated Press The SEC disclosed publicly in documents filed Tuesday that it is investigating Musk's Nov. 6, 2021 tweets that asked followers whether he should sell 10 percent of his Tesla stake. Continue reading
Feb 10 California sues Tesla for alleged discrimination, racial slurs at plant ByMichael Liedtke, Associated Press California regulators allege the company has been discriminating against Black employees who have been likened to monkeys and slaves at the San Francisco Bay Area factory where most of its vehicles are made. Continue reading
Feb 01 Watch5:19 News Wrap: Olympics organizers try to allay COVID fears as opening ceremonies approach In our news wrap Tuesday, Olympic organizers in China say COVID infections are within an expected range ahead of Friday's opening ceremonies, drugmaker Johnson and Johnson and three leading drug distributors have agreed to pay $590 million to American Indian… Continue watching
Dec 22 U.S. probes Tesla drivers playing video games while on the road ByTom Krisher, Associated Press The US has opened a formal investigation into the potential for Tesla drivers to play video games on a center touch screen while the vehicle is in motion. Continue reading
Oct 25 NTSB chair wants Tesla to limit where Autopilot can operate ByTom Krisher, Associated Press The head of the U.S. National Transportation Safety Board is calling on Tesla to act on recommendations to limit where its Autopilot driver-assist system can operate and to put a system in place to make sure drivers are paying attention. Continue reading