Musk sells $6.9 billion of Tesla to avoid Twitter fire sale
Elon Musk offloaded $6.9 billion of stock in Tesla Inc, the billionaire’s biggest sale on record, saying he wanted to avoid a last-minute selloff of the electric-car maker’s shares in the event he ...
Meta falls as sales miss estimates in first-ever quarterly drop
Meta Platforms Inc, the social media giant that includes Facebook and Instagram, reported its first-ever quarterly sales decline, citing advertisers’ shrinking budgets.
Alphabet, Microsoft spur hope big tech can handle slow economy
Alphabet Inc, Microsoft Corp and Texas Instruments Inc posted double-digit quarterly revenue growth on Tuesday and expressed optimism about the coming months, reassuring investors who had been fret...
Apple, Google, Amazon: tech companies that are slowing hiring
With recession fears mounting, and inflation, the war in Ukraine, and the lingering pandemic taking a toll – many tech companies are rethinking their staffing needs, with some of them instituting h...
Musk’s ‘buyer’s remorse’ won’t get him out of Twitter deal
Elon Musk formally and forcefully revived his assertion that Twitter Inc has a serious bot problem, and threatened to walk away from his deal to buy the company if the social network doesn’t do mor...
‘No longer sure bets’: tech giants are dropping bad news daily
From Seattle to Silicon Valley to Austin, a grim new reality is setting in across the tech landscape: a heady, decades-long era of rapid sales gains, boundless jobs growth and ever-soaring stock pr...
Musk’s back to the office policy could cost him some talent
Elon Musk’s demand that Tesla Inc staff stop “phoning it in” and get back to the office has thrust the world’s richest person into the noisy debate over the future of work, and shows again that som...
Elon Musk tells Tesla execs: return to the office or get out
The world’s richest man appears to have had it with this whole working-from-home business.
Elon Musk’s revised Twitter bid
Elon Musk is dropping plans to partially fund his purchase of Twitter Inc with a margin loan tied to his Tesla Inc stake and increasing the size of the deal’s equity component to $33.5 billion.
Twitter’s board recommends shareholders vote to approve Musk deal
Twitter Inc’s board unanimously recommended that shareholders approve Elon Musk’s bid to take the social media company private in a $44 billion deal, eight days before they are scheduled to vote an...
Musk-Twitter deal: traders doubt takeover
Traders are the most skeptical they’ve ever been about whether Elon Musk will actually complete his proposed purchase of Twitter Inc.
Here’s who is helping Elon Musk buy Twitter – including a Saudi prince and another South African
Elon Musk’s $7.1 billion of new financing commitments to help him buy Twitter Inc. for $44 billion come from the highest rungs of global finance – and some familiar faces from his other ventures.
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