Latest Twitter Inc News

Ex-aide says Elon Musk had 'handshake deal' for Tesla buyout

Feb. 01, 2023 17:45 PM EST

SAN FRANCISCO (AP) — Elon Musk's former chief of staff on Wednesday testified that the billionaire believed he had a “handshake deal" to take Tesla private in 2018 shortly before he tweeted he had the financing for an aborted buyout that is still haunting him in a high-profile trial. ...

Updated permit required to legalize bedrooms at Twitter HQ

Feb. 01, 2023 16:50 PM EST

SAN FRANCISCO (AP) — San Francisco building inspectors have given Twitter's construction contractor two weeks to submit a corrected building use permit if the social media company wants to keep using two conference rooms as bedrooms at its headquarters. The correction notice issued...

EU official pushes Musk for Twitter's progress on new rules

Feb. 01, 2023 06:48 AM EST

LONDON (AP) — A top European Union official told Elon Musk that Twitter needs to make progress in preparing for a new law aimed at curbing hate speech, misinformation and other harmful content, adding pressure on the company to ensure it complies. EU Commissioner Thierry Breton...

Ex-Twitter execs to testify on block of Hunter Biden story

Jan. 30, 2023 13:25 PM EST

WASHINGTON (AP) — Former Twitter employees are expected to testify next week before the House Oversight Committee about the social media platform’s handling of reporting on President Joe Biden's son, Hunter Biden. The scheduled testimony, confirmed by the committee Monday, will...

BBC film on Indian PM Modi, 2002 riots draws government ire

Jan. 26, 2023 06:20 AM EST

NEW DELHI (AP) — Days after India blocked a BBC documentary that examines Prime Minister Narendra Modi’s role during 2002 anti-Muslim riots and banned people from sharing it online, authorities were scrambling to halt screenings of the program at colleges and restrict clips of it on social...

Elon Musk defiantly defends himself in Tesla tweet trial

Jan. 24, 2023 22:51 PM EST

SAN FRANCISCO (AP) — Elon Musk returned to federal court to defend himself against a class-action lawsuit that alleges he misled Tesla shareholders with a tweet about an aborted buyout that the billionaire defiantly insisted Tuesday he could have pulled off, had he wanted. Musk...

Twitter faces lawsuits over unpaid rent for US HQ, UK office

Jan. 24, 2023 09:20 AM EST

LONDON (AP) — More landlords are taking Twitter to court over unpaid rent, this time at the social media company’s headquarters in San Francisco and its British offices — the latest sign that owner Elon Musk's extreme cost-cutting strategy includes simply not paying the bills. ...

Elon Musk: Tweets about taking Tesla private weren't fraud

Jan. 23, 2023 17:41 PM EST

SAN FRANCISCO (AP) — Elon Musk returned to federal court Monday in San Francisco, testifying that he believed he had locked up financial backing to take Tesla private during 2018 meetings with representatives from Saudi Arabia’s Public Investment Fund — although no specific funding amount or...

GOP investigations of Biden to test Chairman Comer’s power

Jan. 21, 2023 12:24 PM EST

WASHINGTON (AP) — In early 2017, freshman Rep. James Comer found himself aboard Air Force One with the country's two most powerful Republicans, President Donald Trump and Senate Majority Leader Mitch McConnell. As they returned to Washington from a Kentucky rally, the conversation turned to the...

Elon Musk takes witness stand to defend Tesla buyout tweets

Jan. 21, 2023 07:06 AM EST

SAN FRANCISCO (AP) — Elon Musk took the witness stand Friday to defend a 2018 tweet claiming he had lined up the financing to take Tesla private in a deal that never came close to happening. The tweet resulted in a $40 million settlement with securities regulators. It also led to a...