Elon Musk’s texts show how his relationship with Twitter went sideways

CNN  —  Days before publicly announcing his investment in Twitter, Elon Musk texted with Jack Dorsey. The former Twitter CEO suggested he no longer believed in the company he founded, according to new court filings in the legal battle between Musk and Twitter. Musk had begun quietly building up a large stake in Twitter (TWTR) … Read more

Musk accuses SEC of unlawfully muzzling him | Business and Economy News

Musk needs to get prior approval before tweeting about Tesla, a requirement he called ‘government-imposed muzzle’. US securities regulators are unlawfully muzzling Tesla CEO Elon Musk, violating his free speech rights by continually trying to enforce a 2018 securities fraud settlement, Musk’s lawyer is contending in a court brief. The document, filed late Tuesday with … Read more

Donald Trump Makes a Return to a Very Select List

Guess who’s back, back again? Trump is back, tell a friend. Donald Trump has certainly been on the receiving end of a lot of bad news lately. Back on the List The former president is being sued by the New York State Attorney General’s Office for $250 million over “years of financial fraud,” involving inflated … Read more

Apple stock dips on report the company is bailing on plans to boost iPhone 14 production

Customers try out new iPhones at an Apple store as iPhone 14 series go on sale on September 16, 2022 in Shanghai, China. VCG | Visual China Group | Getty Images Shares of Apple fell about 4% Wednesday on a report that the company has told suppliers to bail on plans to increase iPhone 14 … Read more

TikTok being taken over by people sunning their backsides

Say it taint so. A new round of TikTok videos has people sunning their perineum again. The supposed wellness trend — which involves enthusiasts pointing their bare butts to the sky and getting exposure where the sun usually doesn’t shine — is sweeping across the video-sharing platform. “It’s a feeling you can’t really describe unless … Read more

Tech stocks notch worst two-week stretch since the start of pandemic

Pedestrians pass by the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images What started off as a third-quarter rebound has turned into a flop for tech investors. The Nasdaq Composite tumbled 5.1% this week after losing 5.5% the prior week. That marks the worst two-week stretch for the tech-heavy index since it … Read more

Tech stocks worst two-week stretch since the start of pandemic

Pedestrians pass by the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images What started off as a third-quarter rebound has turned into a flop for tech investors. The Nasdaq tumbled 5.1% this week after losing 5.5% the prior week. That marks the worst two-week stretch for the tech-heavy index since it plunged … Read more

Marc Benioff would buy Twitter if he could

New York CNN Business  —  Marc Benioff is obsessed with Twitter. So much that he wishes he could own it. Benioff, Salesforce (CRM) chairman and co-CEO, told CNN’s Poppy Harlow in an interview that if it were up to just him, he would “absolutely” buy Twitter. To be clear, he’s not actually going to do … Read more

Donald Trump lashes out after NY AG Letitia James files fraud lawsuit

Former U.S. President Donald Trump speaks about transgender athletes during the America First Agenda Summit, at the Marriott Marquis hotel July 26, 2022 in Washington, DC. Drew Angerer | Getty Images Former President Donald Trump assailed New York Attorney General Letitia James as “racist” and “grossly incompetent” in an indignant social media post Thursday, one … Read more

Tears and hugs for Russians called up to fight in Ukraine

ZAPORIZHZHIA, Ukraine (AP) — Russia escalated its military and political campaign Thursday to capture Ukrainian territory, rounding up Russian army reservists to fight, preparing votes on annexing occupied areas and launching new deadly attacks. A day after President Vladimir Putin ordered a partial mobilization to bolster his troops in Ukraine, dramatic scenes of tearful families … Read more