Elon Musk's Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken on April 28, 2022.US regulators are investigating Elon Musk's delayed disclosure of his sizable stake in Twitter Inc last month, the Wall Street JournalMusk disclosed a 9.
An investor who crosses a five per cent stake must file a form with the SEC within ten days. It serves as an early sign to stakeholders that a big investor could seek to control the company. The SEC declined to comment on the report and the Tesla Inc top boss did not immediately respond to a Reuters request for comment.
Apart from the delay, Musk's April 4 filing also characterised his stake as passive, meaning he did not plan to take over Twitter or influence its management or business.The next day, however, he was offered a position on Twitter's board, and a couple of weeks later, the world's richest man had clinched a $44 billion deal to buy the social media giant.Most recently, a US judge slammed him for trying to escape a settlement with the SEC requiring oversight of his Tesla tweets.
In April, the Information reported that the Federal Trade Commission is investigating whether Musk violated a law that requires companies and people to report certain large transactions to antitrust-enforcement agencies.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk says he would reverse Twitter ban on Donald Trump
Source: STForeignDesk - 🏆 4. / 71 Read more »
Musk says he would reverse Twitter ban on Donald Trump:Tesla Chief Executive Elon Musk said Tuesday he would reverse Twitter's ban on former U.S. President Donald Trump, while speaking at the Financial Times Future of the Car conference.Musk, who has called himself a 'free speech absolutist,' recently inked a $44 billion deal to acquire the social media platform
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Musk says he would reverse Twitter ban on Donald TrumpBillionaire Elon Musk said Tuesday he would reverse Twitter's ban on former U.S. President Donald Trump when he buys the social media platform, the clearest signal of Musk's intention to cut moderation of the site.Musk, the world's richest person and chief executive of Tesla Inc, has inked a $44-billion d
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Musk says he would reverse Twitter ban on Donald TrumpBillionaire Elon Musk said Tuesday (May 10) he would reverse Twitter\u0027s ban on former US President Donald Trump when he buys the social media platform, the clearest signal of Musk\u0027s intention to cut moderation of the site. Musk, the world\u0027s richest person and chief executive of Tesla, has inked a US$44
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Elon Musk says he would reverse Twitter ban on Donald TrumpBillionaire Elon Musk said on Tuesday (May 10) he would reverse Twitter's ban on former US President Donald Trump when he buys the social media platform, the clearest signal yet of Musk's intention to cut moderation of the site. Musk, the world's richest person and chief executive of electric vehicle maker Tesla Inc, has inked a $44 billion (S$61 billion)...
Source: asiaonecom - 🏆 10. / 59 Read more »
Elon Musk says he would lift Twitter ban on TrumpSAN FRANCISCO (United States) — Mr Elon Musk said on Tuesday (May 10) that as owner of Twitter he would lift the ban on Donald Trump, contending that kicking the former US president off the platform 'alienated a large part of the country.'
Source: TODAYonline - 🏆 1. / 99 Read more »