DETROIT (AP) — Tesla's sales from April through June fell to their lowest quarterly level since last fall as supply chain issues and pandemic restrictions in China hobbled production of its electric vehicles.
ROME (AP) — Tesla CEO Elon Musk, whose $44 billion bid to buy Twitter remains in limbo, used the social media platform to announce he had met with Pope Francis.
“Honored to meet @Pontifex yesterday,” Musk tweeted of the Friday afternoon audience, alongside a photo showing Musk, Francis and four of Musk’s teenage children.
NEW YORK (AP) — Twitter's board has recommended unanimously that shareholders approve the proposed $44 billion sale of the company to billionaire and Tesla CEO Elon Musk, according to a regulatory filing Tuesday.
HAWTHORNE, Calif. (AP) — SpaceX, the rocket ship company run by Tesla CEO Elon Musk, has fired several employees involved in an open letter that blasted the colorful billionaire for his behavior, according to media reports.
AP Interview: Biden says a recession is ‘not inevitable’
WASHINGTON (AP) — President Joe Biden says the American people are “really, really down” after a tumultuous two years with the coronavirus pandemic, volatility in the economy and now surging gasoline prices that are hitting family budgets.
In an unusual move for what’s been an unusual takeover bid for Twitter by the world’s richest man, Tesla CEO Elon Musk met virtually with the social platform’s employees Thursday, even though his $44 billion offer has not yet been completed.
DETROIT (AP) — Tesla CEO Elon Musk is appealing a federal court ruling that upheld a securities fraud settlement over Musk's tweets claiming that he had the funding to take Tesla private in 2018.
Musk's lawyer Alex Spiro filed a notice of appeal Wednesday with the federal appeals court in Manhattan.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
FedEx Corp., up $28.97 to $229.95.
The package delivery service raised its dividend and made several changes to its board of directors.
Elon Musk will address Twitter employees Thursday for the first time since the billionaire and Tesla CEO offered $44 billion to buy the social media platform, the company said Tuesday.
NEW YORK (AP) — Tesla proposed a three-for-one split of its stock on Friday, a move that will make a single share of the electric car maker more accessible to investors but not affect the company's overall market value.
RENO, Nev. (AP) — Shortly after launching his campaign last year for the Republican nomination in Nevada's U.S. Senate race, Sam Brown got into a scrape with Twitter.
SAN FRANCISCO (AP) — Twitter plans to offer Elon Musk access to its “firehose” of raw data on hundreds of millions of daily tweets in an effort to push forward the Tesla billionaire’s agreed-to $44 billion acquisition of the social media platform, according to multiple news reports.
WASHINGTON (AP) — State officials across the nation have taken on Big Tech companies in the courts and state legislatures, and federal regulators have nipped at Twitter over alleged violations of users’ data privacy.
BEIJING (AP) — Asian stock markets were mixed Tuesday following a bond sell-off on Wall Street amid anxiety about higher U.S. interest rates.
Shanghai and Tokyo advanced while Hong Kong and Seoul declined.
DETROIT (AP) — Elon Musk is threatening to walk away from his $44 billion bid to buy Twitter, accusing the company of refusing to give him information about its spam bot and fake accounts.
Elon Musk on Monday threatened to walk away from his $44 billion bid to buy Twitter, the latest sign that his plan to overhaul the social media platform may really be starting to fray.
Musk threatens to walk away from Twitter deal
DETROIT (AP) — Elon Musk is threatening to end his $44 billion agreement to buy Twitter, accusing the company of refusing to give him information about its spam bot accounts.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Spirit Airlines Inc., up $1.46 to $22.20.
JetBlue raised its buyout offer for the airline, days after rival Frontier upped its own bid for Spirit.
Elon Musk threatened Monday to call off his $44 billion acquisition of Twitter, accusing the company of refusing to give him information about spam bot accounts.
NEW YORK (AP) — Stocks are off to a higher start on Wall Street Monday led by more gains in big tech companies. The S&P 500 was up 0.8%. The benchmark index is coming off its eighth losing week in the last nine.
DETROIT (AP) — More than 750 Tesla owners have complained to U.S. safety regulators that cars operating on the automaker's partially automated driving systems have suddenly stopped on roadways for no apparent reason.
Worry about stagflation, a flashback to ’70s, begins to grow
WASHINGTON (AP) — Stagflation. It was the dreaded “S word” of the 1970s. For Americans of a certain age, it conjures memories of painfully long lines at gas stations and shuttered factories.
Twitter shareholders have filed a lawsuit accusing Elon Musk of engaged in “unlawful conduct” aimed at sowing doubt about his bid to buy the social media company.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:
Williams-Sonoma Inc., up $15.02 to $130.
The seller of cookware and home furnishings handily beat Wall Street's first-quarter profit forecasts.
Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite an environment of rising inflation and economic uncertainty.
SAN FRANCISCO (AP) — Tesla CEO Elon Musk on Wednesday revised the financing plan for his proposed $44 billion purchase of Twitter, raising investor hopes that the unpredictable billionaire still intends to pull off a deal roiled by market turbulence and Musk’s not-entirely-explicable concerns about the number of fake accounts on Twitter.
WASHINGTON (AP) — Twitter will pay a $150 million penalty and put in new safeguards to settle federal regulators’ allegations that the social platform failed to protect the privacy of users’ data over a six-year span.
Fed officials signal rates may head to ‘restrictive’ levels
WASHINGTON (AP) — Federal Reserve officials agreed when they met earlier this month that they might have to raise interest rates to levels that would weaken the economy as part of their drive to curb inflation, which has reached a four-decade high.
Social media has had a rough 2022 with lingering questions about advertising spending, political ads and a $44 billion takeover of Twitter that may or may not be happening, depending on which Elon Musk tweet you read.
Social media hammered by mounting questions over advertising
SAN FRANCISCO (AP) — Social media has had a rough 2022 with lingering questions about advertising spending and a $44 billion takeover of Twitter that may or may not be happening, depending on which Elon Musk tweet you read.
SAN FRANCISCO (AP) — A major New York pension fund that has invested in both Facebook's corporate parent and Twitter believes it's time to shake up the companies' boards of directors because of their inability to keep violent content off their influential social media services.
SAN FRANCISCO (AP) — A federal judge in California has dismissed a securities fraud and defamation lawsuit filed by a Tesla investor against CEO Elon Musk, one of Musk's supporters and Tesla.
In an order filed Thursday, Judge James Donato threw out the lawsuit by the investor, Aaron Greenspan, who runs a legal document website.
NEW YORK (AP) — Tesla and SpaceX CEO Elon Musk has denied a claim of sexual misconduct by a flight attendant contracted by SpaceX who worked on his private jet in 2016.
SAN FRANCISCO (AP) — Twitter is stepping up its fight against misinformation with a new policy cracking down on posts that spread potentially dangerous false stories. The change is part of a broader effort to promote accurate information during times of conflict or crisis.
NEW YORK (AP) — If Elon Musk and Twitter get their way, the company will soon be privately held and under his control.
PROVIDENCE, R.I. (AP) — Three days before Elon Musk agreed to buy Twitter, the world's richest man tweeted a photo of Bill Gates and used a crude term to make fun of his belly.
DETROIT (AP) — A federal judge has rejected Elon Musk’s bid to throw out a securities fraud settlement over tweets claiming that Musk had the funding to take Tesla private in 2018.
Judge Lewis Liman on Wednesday also denied a motion to nullify a subpoena of Musk seeking information about possible violations of his settlement with the U.S.
LONDON (AP) — A hands-off approach to moderating content at Elon Musk’s Twitter could clash with ambitious new laws in Europe meant to protect users from disinformation, hate speech and other harmful material.
Coming up with $44 billion to buy Twitter was the easy part for Elon Musk.
Next comes the real challenge for the world’s richest person: fulfilling his promise to make Twitter “better than ever” as a lightly regulated haven for free speech.
Elon Musk, the world’s richest man, is spending $44 billion to acquire Twitter with the stated aim of turning it into a haven for “free speech.” There's just one problem: The social platform has been down this road before, and it didn't end well.
Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the social media platform where he — the world's richest person — promotes his interests, attacks critics and opines on a wide range of issues to more than 83 million followers.
Twitter’s acceptance of Elon Musk’s roughly $44 billion takeover bid brings the billionaire Tesla CEO one step closer to owning the social media platform.
NEW YORK (AP) — Former President Donald Trump said Monday that he has no intention of rejoining Twitter even if his account is reinstated following Elon Musk’s agreement to buy the social media giant for roughly $44 billion.
BEIJING (AP) — A U.S.-based intelligence company says it uncovered a network of more than 600 inauthentic Twitter accounts that spread a positive narrative of China's far-western Xinjiang region, as Beijing was being accused of human rights abuses and locking up hundreds of thousands of Uyghurs and other ethnic minorities there.
Elon Musk is joining Twitter's board of directors a day after revealing that he'd become the social media platform's largest shareholder with a 9% stake.
NEW YORK (AP) — Twitter announced Tuesday that it is expanding efforts to protect its users from abuse and harassment, the latest milestone in a broader, growing corporate campaign to crack down on online hate...
NEW YORK (AP) — Apple, Google and more than 90 other companies are pushing back in court against President Donald Trump's temporary travel ban, calling it unconstitutional, un-American and bad for the economy...
Twitter, seemingly unable to find a buyer and losing money, is cutting about 9 percent of its employees worldwide.
Twitter Inc., which has struggled amid competition from the likes of Facebook, Snapchat and Instagram, said Thursday that it expects to book about $10 million to $20 million in workforce restructuring charges.