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Elon Musk will address Twitter employees this week to present his vision

Earlier this month, Twitter's board reportedly planned to give Musk access to the massive st…

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Twitter jumps 4.5% after Elon Musk puts up another $6.25 billion of his own wealth to fund the takeover deal

Musk had previously declared his Twitter takeover "on hold" - but has now upped the amount of equit…

George Glover   


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Twitter jumps after the company tells employees its deal with Elon Musk is still on and that it won't renegotiate the $54.20 takeover price

There is "no such thing as a deal being on hold," Twitter's top lawyer, Vijaya Gadde, told employee…

Matthew Fox   


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Elon Musk's Twitter bid is now a 'Friday the 13th horror show' that will likely result in these 3 outcomes, Wedbush says

Elon Musk's Twitter deal is entering a new phase, Wedbush's Dan Ives says. The development comes af…

Brian Evans   


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Twitter drops 5.6% after Elon Musk walks away from $44 billion takeover bid and a legal battle brews

Musk agreed to buy the social media company back in April, but has now walked away from that deal.

George Glover   


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10 Things in Tech: Stock shock

The tech-stock collapse has sent many employees' compensation into a tailspin, and we're showing yo…

Jordan Parker Erb   


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Twitter stock tumbles 11% after Elon Musk says $44 billion buyout deal is on hold

Elon Musk tweeted to say the $44 billion Twitter deal had been paused, pending more details about f…

Harry Robertson   


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Matthew Fox   


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US stocks trade mixed as Santa Claus rally remains elusive despite China's further reopening

Tesla stock fell as the EV maker extended the slowdown of its Shanghai factory through January

Jason Ma   


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Elon Musk puts $44 billion Twitter deal on hold over fake accounts

Elon Musk has announced that his $44 billion acquisition of social media giant has been put on hold…

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Elon Musk sells Tesla shares worth $7 billion to raise cash in case he's forced to buy Twitter

Musk and Twitter are caught in a legal tussle over his $44 billion acquisition of the social media …

Huileng Tan   


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More than 23% of Elon Musk's Twitter followers are spam or fake accounts, research groups say

The analysis was based on a system of 17 warning signals that point to an account being suspicious,…

Matthew Loh   


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The Department of Justice is reportedly exploring if they can charge stock market short-sellers with the same law used to take down the mafia

This wouldn't be the first time RICO charges were leveled against Wall Street, as JPMorgan executiv…

Matthew Fox   


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Tesla's stock is soaring after it reported record-setting vehicle deliveries last quarter

Tesla shares surged 8% in late Tuesday trading after the electric automaker reported quarterly deli…

Rebecca Ungarino   


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Elon Musk will either pay far less for Twitter or use fake accounts as an excuse to walk away, experts say

Musk said last week that if 25% of users were bots, the deal for Twitter should cost 25% less. Expe…

Ryan Hogg   


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'Big Short' investor Michael Burry teases a bet against crypto - and warns market speculation has reached historic levels

Burry asked on Twitter about the mechanics of shorting digital coins, adding that he was only consi…

Theron Mohamed   


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Citigroup reports 3rd-quarter earnings that beat profit and revenue estimates amid trading surge

The bank's trading desks failed to offset its struggling consumer banking arm, but performed well e…

Ben Winck   


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Dow gains 251 points as tech giants rally and stimulus hopes persist

President Trump urged Republicans to speed up Amy Coney Barrett's Supreme Court confirmation so tha…

Ben Winck   


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Elon Musk sued by Twitter shareholder, alleging that he manipulated the company's stock price with his tweets following the buyout agreement

A Twitter investor said in a lawsuit that Elon Musk tweets about spam bots were effectively market …

Gabrielle Bienasz   


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Former Tesla employees sue the company alleging discrimination, harassment, and a system where SolarCity employees faked sales numbers

Ray was subject to age discrimination, the lawsuit alleges. According to the lawsuit, Ray was 59 wh…

Mark Matousek