In this article TWTR Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters This is breaking news. Please check back for updates. Elon Musk offered to buy Twitter for $54.20 a share, saying the social media company need to be transformed privately.
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Peter Endig | AFP | Getty Images Amazon said Wednesday it plans to add a fuel and inflation surcharge of roughly 5% to existing fees it collects from U.S. third-party sellers who use the company’s fulfillment services. The fee will go into effect in about two weeks, and is “subject to change,” the company said
In this article TWTR Elon Musk’s Twitter profile displayed on a computer screen and Twitter logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on April 9, 2022. Jakub Porzycki | Nurphoto | Getty Images A group of Twitter shareholders are suing Elon Musk for allegedly failing to
In this article WBD People walk by the world headquarters for the Cable News Network (CNN) on March 15, 2022 in Atlanta, Georgia. Anna Moneymaker | Getty Images Fewer than 10,000 people are using CNN+ on a daily basis two weeks into its existence, according to people familiar with the matter. The people spoke with
Facebook CEO Mark Zuckerberg is seen fencing in the “Metaverse” with an Olympic gold medal fencer during a live-streamed virtual and augmented reality conference to announce the rebrand of Facebook as Meta, in this screen grab taken from a video released October 28, 2021. Facebook | via Reuters Meta CEO Mark Zuckerberg wants to make
In this article TWTR Elon Musk pauses and looks down as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images Billionaire Elon Musk’s reversal of his decision to join Twitter‘s board opens the door to a
In this article TWTR Tesla CEO Elon Musk, shown here in March, proposed a series of changes to Twitter’s subscription service, including price changes and the option to pay in dogecoin. Patrick Pleul | AFP | Getty Images Tesla and SpaceX CEO Elon Musk has abandoned his plans to join the board of Twitter, his
In this article AMZN Amazon is handling a rapidly growing number of returns that are causing a massive problem for the e-commerce giant and the planet. A National Retail Federation survey found a record $761 billion of merchandise was returned to retailers in 2021. That amount surpasses what the U.S. spent on national defense in
Tesla CEO Elon Musk, shown here in March, proposed a series of changes to Twitter’s subscription service, including price changes and the option to pay in dogecoin. Patrick Pleul | AFP | Getty Images Elon Musk is tweeting about Twitter again. This time, he’s come up with a slew of suggestions for Twitter Blue, the
In this article TSLA Danny Roman runs a sustainable, outdoor adventure company that gives biking and hiking tours in Southern California. Danny Roman Danny Roman bought a new Tesla Model X and took delivery of the car on Feb. 28, 2020. Three days later, he informed the company he was returning the electric SUV under
Tesla CEO Elon Musk is pictured as he attends the start of the production at Tesla’s “Gigafactory” on March 22, 2022 in Gruenheide, southeast of Berlin. Patrick Pleul | AFP | Getty Images Elon Musk tweeted Tesla may get into the lithium mining and refining business directly and at scale because the cost of the
In this article AAPL Max Scherzer #21 of the New York Mets delivers a pitch in the third inning against the Miami Marlins in the Spring Training game at Roger Dean Stadium on March 21, 2022 in Jupiter, Florida. Mark Brown | Getty Images Starting Friday, Apple TV+ will stream a doubleheader of MLB games
In this article TSLA Elon Musk speaks at the “Cyber Rodeo,” a grand opening event for Tesla’s new factory in Austin, Texas. On Thursday night, Tesla CEO Elon Musk spoke at a grand opening event for the electric vehicle maker’s new $1.1 billion factory near the Austin airport in Texas. At the event, he spoke
In this article AMZN An RWDSU union rep holds a sign outside the Amazon fulfillment warehouse at the center of a unionization drive on March 29, 2021 in Bessemer, Alabama. Elijah Nouvelage | Getty Images Amazon illegally interfered in a recent union election at an Alabama warehouse, according to a statement on Thursday from the
Ron Baron, the CEO of Baron Capital and one of Tesla’s largest shareholders, said that Elon Musk’s 9.2% stake in Twitter, and his accompanying board seat, is not significant. “I think it’s meaningless,” he told CNBC’s “Squawk Box” Thursday. “It’s a tiny investment. $3 billion for a man who is worth $300 billion. He has
Network cables are plugged in a server room. Michael Bocchieri | Getty Images Cyber firm Nord Security announced Thursday that it has raised $100 million from investors at a $1.6 billion valuation, making it Lithuania’s second tech unicorn. The company is best known for its VPN product, NordVPN, which costs around $140 a year or
A visual representation of Bitcoin. Edward Smith | Getty Images In a space filled with venture investors and traders, a blockchain fund run by value managers thinks it can give investors greater returns than bitcoin itself. Bitcoin has been called the best performing asset of the decade by some. Off the Chain Capital, a fund
Elon Musk gestures as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images Tesla CEO Elon Musk has been buying Twitter shares on almost a daily basis since the end of January, spending $2.64 billion for
In this article TWTR Elon Musk’s investment in Twitter comes after he said he was considering building a new social media platform. Jim Watson | AFP | Getty Images Elon Musk has asked Twitter users if they want an edit button to be added to the platform — hours after taking a 9.2% passive stake
In this article TWTR TSLA Entrepreneur and business magnate Elon Musk gestures during a visit at the Tesla Gigafactory plant under construction, on August 13, 2021 in Gruenheide near Berlin, eastern Germany. Patrick Pleul | AFP | Getty Images The Securities Exchange Commission has another reason to come after Elon Musk. The world’s richest man
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