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The Latest Breaking News from Twitter Inc.

SEC Sues Elon Musk Over Twitter Stock Disclosure Delay

SEC lawsuit filed against billionaire for late disclosure of Twitter stock ownership, leading to 0 million underpayment.

Top News

Elon Musk Claims Under 'Criminal' Democratic Government 'Citizens are Prosecuted, While Serious Criminals Run Free'

Elon Musk responded to the SEC's lawsuit in a scathing X post on Wednesday.

Latin Times

SEC sues Elon Musk

The lawsuit is a "sham," Musk's lawyer says. It could fizzle once Donald Trump takes office

Salon

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Elon Musk is being sued by the SEC over his Twitter takeover. What we know

The Tesla CEO bought Twitter in October 2022 for $44 billion and rebranded it as X

The Independent UK

Tate Brothers Face Irish MP Over Misogynistic Posts, Calls Her 'Stupid' And 'Irrelevant': 'Nobody Likes You'

Eastwood alleges that the posts made following her statement were misogynistic and further exacerbated the online abuse she experienced.

International Business Times UK

Facebook dumps fact checkers; the internet responds

Meme the pain away.

Creative Bloq

What does ‘tap, hold and load in 4K’ mean on Twitter? The meme, explained

Here's that meme, explained.

USA Today Sports Media Group

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Elon Musk sued by US markets regulator over Twitter stake disclosure

The US Securities and Exchange Commission said the billionaire failed to properly disclose the stake he had in Twitter before he bought the site.

The Independent UK

Canada CEOs scolded in spat with Trump Administration: 'You're not serious people'

Also: SEC sues Elon over Twitter stock purchases, JPMorgan employees consider unionizing.

Fortune

Elon Musk sued by regulator for 'violating' federal securities law over Twitter stocks

Musk’s lawyer has branded the latest complaint a ‘sham’

Evening Standard

SEC Sues Elon Musk For Undisclosed Twitter Ownership

SEC lawsuit filed against tech figure for not disclosing ownership of Twitter, leading to underpayment of investors and a surge in stock price upon disclosure.

Top News

Elon Musk sued by US commission over $150m Twitter share claims

ELON Musk is being sued by the US Securities and Exchange Commission (SEC) ...

The National (Scotland)

SEC Sues Elon Musk Over Alleged 'Unjust Enrichment' In Twitter Stock Purchases

Elon Musk is faced with an SEC lawsuit over his alleged violation of securities laws when he failed to disclose his Twitter common stock acquisitions that allowed him to buy shares at lower prices.

International Business Times

US watchdog sues Elon Musk over late disclosure of Twitter stake

US Securities and Exchange Commission says Musk’s failure to disclose stake allowed him to underpay $150m for shares.

Al Jazeera

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The Independent UK

SEC sues Elon Musk, saying he didn't disclose Twitter ownership on time before buying it

The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media site

The Conversation

Albanese says our laws would stop Elon Musk interfering in the Australian election. In truth, there’s little to stop him

Elon Musk is no stranger to news headlines. His purchase of Twitter and subsequent decision to rebrand the platform as X has seen it called “a true black mirror of the most worrying parts of human nature”. Tesla’s incredibly flawed Cybertruck remains an ongoing source of Internet jokes and memes.…

Fortune

Elon Musk’s lawyer said the SEC’s lawsuit against the Tesla CEO is a ‘single-count ticky tak complaint’

Musk is accused of lowballing shareholders by waiting 11 days to disclose his ownership in Twitter, saving himself at least $150 million in the process, according to regulators.

The Independent UK

Elon Musk sued by US government for allegedly failing to disclose Twitter stock ownership

SEC alleges Musk was able to underpay ‘by at least $150 million’ for Twitter shares he bought after he should have disclosed his ownership of more than 5%

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The Guardian - US

US sues Elon Musk for allegedly failing to disclose early Twitter stock purchase

Financial regulator alleges Musk later acquired shares of company at ‘artificially low prices’, stiffing shareholders

Evening Standard

Tech leaders want us to ditch Meta and X, but what are they offering instead?

Entrepreneurs and celebrities want to reclaim social media from billionaires. They hope to raise $30m to grow Bluesky, a social media app, into an ecosystem to rival Meta and X

Investors Business Daily

TikTok Ban: China Reportedly Mulls Musk As TikTok Buyer. What Would It Cost?

With the TikTok ban looming, Chinese officials are reportedly weighing whether to allow a sale of the app to Elon Musk.

The Guardian - UK

Why I have finally quit Facebook (it’s not just about fact-checking)

For years I’ve overlooked the many good reasons for leaving the social media platform. But now there is no other choice, writes Guardian columnist Zoe Williams

Bored Panda

“You Belong In Prison”: Wild Theories Arise As Footage Shows Young Men Fleeing Deadly Fire Site

A viral video of young men fleeing the Palisades fire in Los Angeles has sparked conspiracy theories online, with viewers questioning their presence at the scene as the fire ignited. The post “You Belong In Prison”: Wild Theories Arise As Footage Shows Young Men Fleeing Deadly Fire Site first appeared…

Total Film

Netflix has just dropped a new show from an award-winning director with no promotion, and viewers are loving it

Asura is being called a "gem" and "the year's first great TV"

The Conversation

The dynamics that polarise us on social media are about to get worse

Meta founder and CEO Mark Zuckerberg has announced big changes in how the company addresses misinformation across Facebook, Instagram and Threads. Instead of relying on independent third-party factcheckers, Meta will now emulate Elon Musk’s X (formerly Twitter) in using “community notes”. These crowdsourced contributions allow users to flag content they…

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