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Judge rejects Elon Musk’s bid to end SEC approval decree

Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China on August 29, 2019. on the song | Reuters A federal judge has dropped an attempt by Tesla CEO Elon Musk to terminate his settlement agreement with the Securities and Exchange Commission after the agency charged him with securities fraud …

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Twitter workers freak out about Elon Musk in internal Slack messages

Leaked internal communications by Twitter employees about the awakened employees reveal despair and anger over Elon Musk’s month-long efforts to acquire Twitter. Musk announced that he would buy the company for $44 billion on Monday. The deal concludes a month-long saga that began when Musk first tweeted opinion polls and his thoughts on the decline …

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Elon Musk’s bid to cancel deal denied on 2018 tweets

DETROIT (AFP) – A New York federal judge has rejected Elon Musk’s request to overturn a settlement with securities regulators over 2018 tweets that claimed he had the funding to take Tesla private. On Wednesday, Judge Lewis Lehman also rejected a request to strike a subpoena from Musk seeking information about potential violations of his …

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Millionaires don’t see big stock losses as a buy-back moment

It’s been a tough year to be an investor, and the wealthy are no exception. Losses in the stock and bond markets this year have made portfolio talks between investment advisors and clients on Wall Street more difficult. The more conservative portfolios have performed as badly, if not worse, than the riskier portfolios, with bonds …

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Fidelity will soon offer bitcoin as an option in 401(k)s

It’s a big step considering Fidelity is the largest 401(k) plan provider in the United States, serving as a trustee on 23,000 plans, which has 20.4 million participants. In total, these plans represent $2.7 trillion in assets under management. It is also the first major 401(k) provider to offer cryptocurrency as an investment to retired …

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Comcast and Charter team up to drop Roku and Amazon devices

As the old saying goes, if you can’t beat it, partner with another very powerful cable giant to give yourself a better shot. Comcast and Charter this morning announced a new joint venture that will see the two companies collaborate to develop a “next-generation streaming platform on a diverse range of 4K streaming devices and …

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Elon Musk deals with tweets criticizing Twitter employees | Elon Musk

Elon Musk has responded to tweets criticizing Twitter employees despite promising not to “disparage” the company or its representatives while completing the deal to acquire the social media platform. The world’s richest man agreed to restrictions on his tweets as part of a 95-page agreement covering his $44 billion takeover presented on Tuesday. However, one …

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