The investment comes as part of a recent funding round for SoundCloud that places the value of the platform at $700 million—about the same valuation it was given back in 2014, when Twitter considered ...
Elon Musk’s huge Twitter investment took a new twist Tuesday with the filing of a lawsuit alleging that the billionaire illegally delayed disclosing his big stake in the social media company so he ...
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SEC Charges Elon Musk With "Ill-Gotten Gains" From Late Disclosure Of Initial Twitter Investment
The Securities and Exchange Commission filed an action against Elon Musk dating back to his 2022 acquisition of Twitter, now X. alleging that he was “enriched” to the tune of $150 million by not ...
NEW YORK (Reuters) -A U.S. judge on Friday rejected billionaire Elon Musk's bid to dismiss a lawsuit claiming he defrauded former Twitter shareholders by waiting too long to disclose his initial ...
Elon Musk cheated Twitter shareholders out of more than $150 million by waiting too long to disclose his growing stake in the company as he prepared a takeover bid, the US Securities and Exchange ...
NEW YORK (Reuters) -Elon Musk and his social media company X Corp have reached a tentative agreement to settle a lawsuit filed by former Twitter employees who said they were owed $500 million in ...
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