Latest Twitter Inc News

Musk tweet joking about buying Manchester United causes stir

Aug. 17, 2022 08:29 AM EDT

LONDON (AP) — Elon Musk caused a stir by tweeting that he was buying the English soccer team Manchester United — whose current owners are opposed by many fans — then saying several hours later that it was a joke. It comes as the billionaire Tesla CEO faces a legal battle in the...

Elon Musk sells $7B in Tesla shares ahead of Twitter fight

Aug. 10, 2022 19:05 PM EDT

Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter. Musk disclosed in series of regulatory filings that he unloaded about 8 million shares of his company Tesla Inc. in recent days. ...

Musk says Twitter deal could move ahead with 'bot' info

Aug. 06, 2022 16:03 PM EDT

Elon Musk said Saturday his planned $44 billion takeover of Twitter should move forward if the company can confirm some details about how it measures whether user accounts are ‘spam bots’ or real people. The billionaire and Tesla CEO has been trying to back out of his April...

Twitter breach exposed anonymous account owners

Aug. 05, 2022 18:18 PM EDT

A vulnerability in Twitter's software that exposed an undetermined number of owners of anonymous accounts to potential identity compromise last year was apparently exploited by a malicious actor, the social media company said Friday. It did not confirm a report that data on 5.4...

Musk countersuit accuses Twitter of fraud over 'bot' count

Aug. 05, 2022 13:54 PM EDT

Elon Musk accused Twitter of fraud in a countersuit over his aborted $44 billion deal for the social media company, which he claimed held back necessary information and misled his team about the true size of its user base. The countersuit by the billionaire and Tesla CEO alleges...

Twitter responds to Musk's claims, calls them 'excuses'

Aug. 04, 2022 20:56 PM EDT

SAN FRANCISCO (AP) — Twitter denied in a court filing that it had deprived its would-be acquirer, billionaire and Tesla CEO Elon Musk, of necessary information or misrepresented details about its business. Musk originally made those charges to justify his attempt to back out of a $44 billion deal...

Tesla investors approve stock split; Musk to add factories

Aug. 04, 2022 20:29 PM EDT

DETROIT (AP) — Tesla shareholders on Thursday approved a three-for-one stock split, a move that will make the company's shares more accessible to smaller investors. Preliminary results of the shareholder vote were announced at the electric car and solar panel maker's annual meeting...

Musk response to Twitter lawsuit to be made public by Friday

Aug. 03, 2022 20:26 PM EDT

DOVER, Del. (AP) — Elon Musk’s answer to Twitter’s lawsuit over his attempt to back out of a $44 billion deal to buy the social media company will be made public by Friday evening at the latest, a judge ruled Wednesday. Attorneys for Musk wanted to file a public version of...

Elon Musk's tech allies miffed about Twitter subpoenas

Aug. 02, 2022 16:58 PM EDT

SAN FRANCISCO (AP) — Elon Musk’s wealthy high tech allies don’t seem too happy about receiving subpoenas from Twitter as part of the company’s legal battle with the Tesla CEO. San Francisco-based Twitter is suing Musk in Delaware in an attempt to get him to complete his $44...

Twitter sets September shareholder vote on Elon Musk buyout

Jul. 26, 2022 18:02 PM EDT

DOVER, Del. (AP) — Twitter has set Sept. 13 as the date for its shareholders to vote on the company’s pending buyout by Tesla CEO Elon Musk. The company said in a regulatory filing on Tuesday that it is recommending shareholders vote for the $44 billion deal to be completed. ...