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Elon Musk has called for a “comprehensive overhaul” of the U.S. Securities and Exchange Commission (SEC) hours after the agency sued him for allegedly failing to testify in an investigation into his $44-billion acquisition of Twitter, now called X, last October. The SEC is examining whether Musk’s acquisition violated securities regulations.
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Musk blamed the SEC and the Biden Administration for constant scrutiny into his Twitter acquisition while expressing his confusion and frustration in the matter. On Thursday, October 5, the US Securities and Exchange Commission (SEC) sued Elon Musk in order to force him to testify about the acquisition of Twitter
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Elon Musk has called for a “comprehensive overhaul” of the United States Securities and Exchange Commission hours after the regulator sued Musk alleging he failed to testify in its probe relating to his $44 billion Twitter (now X) purchase last October.The SEC is investigating if Musk’s purchase triggered securities laws
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The crypto community is buzzing with excitement as rumors spread about a possible collaboration between the CEO of Pershing Square Capital Management
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Members of the crypto community have rallied behind a post on X (formerly Twitter) calling for owner Elon Musk to remove a profile claiming to be the fabled creator of Bitcoin, Satoshi Nakamoto.On Oct. 3, user Pledditor posted on X, saying both the account claiming to be Nakamoto and the account
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Ackman received a green light from the United States SEC with an intent to invest a minimum of $1.5 billion in private companies seeking to go public without following the traditional IPO route. Billionaire Bill Ackman, the Chief Executive Officer for Pershing Square, announced that his newly approved SPARC funding vehicle
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It’s all just words, of course, but the public quarrel is a reminder of DWF’s sudden emergence earlier this year. The company quickly and loudly popped up as a backer of startups. But there was soon debate around whether it was really engaging in venture capital investing, as some thought,
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In response to Erdogan’s proposition, Musk conveyed his enthusiasm for the Turkish market. Turkish President Recep Tayyip Erdogan has extended an invitation to Elon Musk, the CEO of Tesla and SpaceX, urging him to consider establishing Tesla’s next factory in Turkey. The enticing offer was made during their meeting in
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X has also outlined its future plans to streamline the checkmark review process for users who verify their IDs. Elon Musk‘s X, formerly Twitter, has recently launched its new account verification system using government ID. This will allow users of its premium plans to prevent impersonation while giving them additional benefits
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The top executives from some of the world’s largest tech and web companies have concluded a closed-door meeting with U.S. lawmakers in Washington D.C., where they reportedly discussed AI technology and potential approaches to regulation.The Sept.13 Senate “AI Insight Forum” was organized by Senate Majority Leader Chuck Schumer and attended by
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