Musk lawyers say Twitter is spurning new bid for company
Elon Musk’s lawyers said Thursday that Twitter is refusing to accept the Tesla billionaire’s renewed $44 billion bid for the social media company and are asking a Delaware court to halt an upcoming trial. Musk made a renewed offer to take over the social media platform earlier this week, hoping to end a protracted legal dispute that began when Musk tried to back out of the April deal and Twitter sued. Representatives for Twitter did not immediately respond to messages for comment.news.yahoo.com
Biden announces return of seven American detainees from Venezuela
After months of negotiations, President Biden signed off on the largest U.S. prisoner swap of his administration. The deal with Venezuela brought home seven detained Americans in exchange for relatives of the Venezuelan president, known as the "Narco Nephews." Nancy Cordes reports from the White House.news.yahoo.com
Musk to seek exemption from Iran sanctions for Web access
Elon Musk’s hopes to operate his satellite internet firm in Iran require permission from the Treasury Department, which said Tuesday it welcomes applications to support internet freedom in the country, which is largely isolated from western economies.
9/11 families outraged over potential plea deals for terror attack orchestrators
Families of victims of September 11 are outraged over reports that plea deals are in the works for five defendants accused of orchestrating the attacks nearly 21 years ago. The plea deals would take the death penalty off the table, instead allowing the defendants to remain in Guantanamo Bay indefinitely. Catherine Herridge reports.news.yahoo.com
Judge: Musk can use Twitter whistleblower but not delay case
Elon Musk will be able to include new evidence from a Twitter whistleblower as he fights to get out of his $44 billion deal to buy the social media company, but Musk won’t be able to delay a high-stakes October trial over the dispute, a judge ruled Wednesday.
California lawmakers just passed a bill that could force Tesla to stop calling its beta software 'Full Self Driving' in the state — now, it's up to Gov. Newsom to sign it into law
"People in California think Full Self-Driving is fully automated when it's not," Senate Transportation Committee Chair Lena Gonzalez said.news.yahoo.com
Tesla hopes new investors go for the ride after stock split
Unlike its cars, Tesla shares are about to get less expensive. Tesla is splitting its stock 3 for 1, so after the close of trading Tuesday, investors will receive two additional Tesla shares for every one they owned as of Aug. 17. In theory, that should drop Tesla’s share price by about two-thirds before trading starts on Wednesday.news.yahoo.com
EXPLAINER: What happens next in the Musk-Twitter saga?
Twitter has sued Tesla CEO Elon Musk in an attempt force him to complete his $44 billion takeover of the social media company by accusing him of “outlandish” and “bad faith” actions that have caused the platform irreparable harm and “wreaked havoc” on its stock price.
Elon Musk prevails in Delaware court case on SolarCity deal
A Delaware court sided with Tesla CEO Elon Musk in a bitter legal battle over whether he acted against the best interest of other shareholders when he steered the electric car maker into a $2.6 billion acquisition of a solar panel maker founded by two of his cousins.
Elon Musk to buy Twitter for $44B and take it private
Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the platform where he promotes his interests, attacks critics and opines on a wide range of issues to more than 83 million followers.
Twitter says it's testing an 'edit' button
Twitter tweeted Tuesday that it is indeed working on a way for users to edit their 280-character messages, although it says the project has nothing to do with the fact that edit-function fan Elon Musk was just revealed as the company’s largest shareholder and now sits on its board.