Tesla Inc. Chief Executive Elon Musk just sold nearly $3.6 billion more of the company’s stock, according to a filing with the Securities and Exchange Commission released late Wednesday. Musk Read more
Tag: takeovers
Microsoft to bring ‘Call of Duty’ to Nintendo if Activision merger approved
Microsoft Corp. said late Tuesday it has made a “10-year commitment” to bring the massively popular “Call of Duty” videogame series to Nintendo Co. consoles, when — and if — Read more
Twitter reportedly slashes more jobs, laying off thousands of contractors
Twitter laid off a large portion of its contract workforce over the weekend, according to multiple reports. Platformer’s Casey Newton first reported the layoffs Saturday, and said Sunday that about Read more
Elon Musk says Twitter bankruptcy ‘not out of the question’ as more top execs leave: reports
Twitter’s new owner, Elon Musk, laid out a dire financial forecast late Thursday, saying the social-media company could lose billions of dollars and that bankruptcy cannot be ruled out, according Read more
FTX-Binance ordeal has not shaken venture capital confidence in crypto industry
Venture capitalists and investors are rethinking what it means to invest in crypto companies after a possible deal between two of the world largest crypto exchanges, FTX and Binance, collapsed Read more
SEC, Justice Department investigating beleaguered crypto platform FTX
The Securities and Exchange Commission and Justice Department are investigating cryptocurrency platform FTX following its sudden implosion this week, a person familiar with the matter said. Staff at the two law-enforcement Read more
Opinion: Tesla investors have been the biggest losers in Elon Musk’s Twitter deal, and those losses continue
Twitter users have complained a lot about Elon Musk’s early moves after taking control of the social network, but their complaints seem tiny compared with what Tesla Inc. investors have Read more
Elon Musk sells Tesla stock worth nearly $4 billion following Twitter purchase
Elon Musk sold nearly $4 billion worth of Tesla Inc. stock in the past three trading sessions, launching the sale a week after closing his $44 billion acquisition of Twitter Read more
Elon Musk sold Tesla stock worth nearly $4 billion following Twitter purchase
Elon Musk sold nearly $4 billion worth of Tesla Inc. stock in the past three trading sessions, launching the sale a week after closing his $44 billion acquisition of Twitter Read more
Take-Two stock sinks as analysts walk off mobile weakness, focus on pipeline
Take-Two Interactive Software Inc. shares fell double-digits Tuesday after Wall Street absorbed a hefty outlook cut owing to the videogame publisher’s overestimate of the mobile market in the latter half of Read more