Elon Musk accuses Twitter of security lapses in court filing

Elon Musk accuses Twitter of security lapses in court filing

Figurines with computers and smartphones are seen in front of Twitter logo in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register WILMINGTON, Del., Sept 15 (Reuters) – Billionaire Elon Musk accused Twitter Inc (TWTR.N) of fraud by concealing serious flaws in the social media company’s data security, … Read more

Twitter says Musk’s latest attempt to scrap deal ‘invalid and wrongful’

Twitter says Musk’s latest attempt to scrap deal ‘invalid and wrongful’

Register now for FREE unlimited access to Reuters.com Register Sept 12 (Reuters) – Twitter Inc (TWTR.N) said on Monday payments made to a whistleblower did not breach any terms of its $44 billion buyout by Elon Musk, after the world’s richest man made another attempt to scrap the deal. In a letter to Twitter on … Read more

Musk approaches brain chip startup Synchron about deal amid Neuralink delays

Musk approaches brain chip startup Synchron about deal amid Neuralink delays

Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. REUTERS/Michele Tantussi Register now for FREE unlimited access to Reuters.com Register Aug 19 (Reuters) – Elon Musk has approached brain chip implant developer Synchron Inc about a potential investment as his own … Read more

Tesla discloses lobbying effort to set up factory in Canada

Tesla discloses lobbying effort to set up factory in Canada

Aug 9 (Reuters) – Tesla Inc (TSLA.O) is lobbying the Ontario government as part of an effort to set up an “advanced manufacturing facility” in Canada, filing by the electric-vehicle maker to the province’s Office of Integrity Commissioner showed. The company’s Canadian unit is working with the government to “identify opportunities for industrial facility permitting … Read more

Wall Street closes sharply higher on strong corporate earnings

Wall Street closes sharply higher on strong corporate earnings

Boeing raises on deal to sell jets to 777 Partners Johnson & Johnson and IBM fall on dollar impact warning Halliburton, Hasbro, Truist rise after profit beat Indexes Up: Dow 2.43%, S&P 500 2.76%, Nasdaq 3.11% Biggest one-day percentage gain for Nasdaq since June 24 July 19 (Reuters) – US stocks closed with sharp gains … Read more

Musk makes meme on Twitter legal threat after scrapping $44 billion deal

Musk makes meme on Twitter legal threat after scrapping  billion deal

July 11 (Reuters) – Elon Musk on Monday mocked Twitter Inc’s (TWTR.N) threat to sue him following his move to abandon the $44 billion takeover deal, tweeting the social media firm would need to disclose more information on bots and spam accounts. The series of tweets on Monday was Tesla Inc chief’s first public response … Read more

Tesla plays ‘whack-a-mole’ with snags as deliveries fall for first time in two years

Tesla plays ‘whack-a-mole’ with snags as deliveries fall for first time in two years

July 5 (Reuters) – Tesla Inc (TSLA.O) faces a series of hurdles ranging from production snags to rising inflation that may hit profits, Wall Street analysts said on Tuesday, as the electric-car maker reported a fall in deliveries for the first time in two years. Stung by China’s COVID-19 lockdowns and soaring costs, Tesla said … Read more

Wall St slides, Dow set for worst first-half since 1962

Wall St slides, Dow set for worst first-half since 1962

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 22, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US May consumer spending rises moderately; higher inflation S&P 500 headed for worst first-half since 1970 Indexes down: Dow 0.72%, S&P 0.58%, Nasdaq … Read more

Toyota recalls first mass-produced EVs less than 2 months after launch

Toyota recalls first mass-produced EVs less than 2 months after launch

2023 Toyota bZ4X all-electric SUV is displayed during the 2021 LA Auto Show in Los Angeles, California, US November, 17, 2021. REUTERS/Mike Blake Register now for FREE unlimited access to Reuters.com Register TOKYO, June 23 (Reuters) – Toyota Motor Corp (7203.T) said on Thursday it would recall 2,700 of its first mass-produced electric vehicles (EVs) … Read more

Elon Musk sued for $258 billion over alleged Dogecoin pyramid scheme

Elon Musk sued for 8 billion over alleged Dogecoin pyramid scheme

NEW YORK, June 16 (Reuters) – Elon Musk was sued for $258 billion on Thursday by a Dogecoin investor who accused him of running a pyramid scheme to support the cryptocurrency. In a complaint filed in federal court in Manhattan, plaintiff Keith Johnson accused Musk, electric car company Tesla Inc (TSLA.O) and space tourism company … Read more