SEC - Page 2

Elon Musk’s lawyers have sent a third termination notice to Twitter to end his $44 billion acquisition deal with the company, this time objecting to Twitter paying a severance package to its former security head Peiter “Mudge” Zatko in June. Zatko recently came out with an explosive whistleblower against the complaint alleging terrible security practices and not paying serious attention to the problem of bots and other fake accounts.

Recently, former Twitter security chief Peiter ‘Mudge’ Zatko has come forward with a shocking whistleblower complaint alleging that the company purposefully misled regulators about poor security and spam. Here are his key claims.

Former Twitter security chief Peiter ‘Mudge’ Zatko has come forward with a shocking whistleblower complaint alleging that the company purposefully misled regulators about poor security and spam. In the complaint filed with the SEC, DOJ, and FTC, Zatko contends that the company lacks basic security practices and prioritizes user growth above all else, claiming CEO Parag Agrawal is “lying” when claims to fight spam.

Retired WWE boss Vince McMahon paid $14.6 million to women who have accused him of sexual misconduct, according to recently revealed WWE filings.

On Monday’s broadcast of the Fox Business Network’s “Kudlow,” Sen. Mike Lee (R-UT) criticized the Securities and Exchange Commission (SEC) over a proposed climate rule requiring public companies to report their carbon emissions and argued that we need to “overhaul

On Monday’s broadcast of the Fox Business Network’s “Kudlow,” House Minority Leader Rep. Kevin McCarthy (R-CA) argued that the proposed climate rule by the Securities and Exchange Commission (SEC) requiring public companies to report their carbon emissions could do the “biggest

Tesla and SpaceX CEO Elon Musk is set to address Twitter employees at an all-hands meeting on Thursday. Musk’s contentious potential buyout of the social media platform has caused plunging employee morale, with one survey finding 78 percent of employees do not believe he has the company and its shareholders’ best interests at heart.

Tesla CEO Elon Musk is threatening to end his $44 billion buyout offer of Twitter, accusing the social media company of not complying with his request for data on how many fake accounts exist on the site.

The SEC is investigating Tesla CEO Elon Musk’s disclosure of his stake in Twitter according to a recent letter sent by the agency. 

A lawsuit has been filed against Tesla CEO Elon Musk on behalf of Twitter shareholders, claiming that the billionaire Tesla CEO actively manipulated Twitter stock for his own gain.

Tesla CEO Elon Musk continues to stall his acquisition of the social media platform Twitter, claiming that he cannot move forward until the number of bot accounts on the platform is clarified. Musk said in a tweet to the platform that his offer was based on “Twitter’s SEC filings being accurate,” and that he believes the platform could have 20 percent bots “or *much* higher.”

Tesla CEO Elon Musk has reportedly placed his $44 billion deal to acquire Twitter on hold pending an investigation into bot accounts on the platform. The stock has plummeted more than 15 percent in pre-market following Musk’s announcement released on his Twitter account. 

The SEC has reportedly launched a probe into Tesla CEO Elon Musk’s late disclosure last month of his large stake in Twitter, according to the Wall Street Journal.

In a recent SEC filing, Twitter acknowledged that its core advertising business may be at risk as ar result of Tesla CEO Elon Musk’s acquisition of the company. The far-left San Francisco company also admitted that the buyout could impact employee hiring and retention.

A federal judge has denied Elon Musk’s request to end an agreement with the SEC that requires him to have social media posts about Tesla approved by a company lawyer, popularly referred to as his “Twitter sitter.” 

Recently released texts from 2018 between Elon Musk and the managing director of Saudi Arabia’s Public Investment Fund have provided more insight into Musk’s attempt to take Tesla private. In the text, Musk complains to the Saudis: “You are throwing me under the bus.”

Twitter’s board of directors is deploying defensive measures to prevent Elon Musk, the world’s richest man and a declared free speech absolutist, from taking over the company.

Republican Reps. Ted Budd (R-NC) and Ralph Norman (R-SC) led 40 House members in sending a letter to the SEC opposing a proposed rule that would obligate publicly-traded companies to disclose “climate-related risks.” 

A group of Twitter shareholders is suing Elon Musk for allegedly failing to disclose his significant stake in Twitter in an appropriate timeframe. The class action lawsuit against Musk alleges that he delayed a mandatory SEC filing as a major investor so he could purchase even more shares. The stock jumped 27 percent when Musk eventually did disclose his position, leaving investors who sold shares feeling left out in the cold.

A recent SEC filing has revealed that Facebook (now known as Meta) spent a record $26.8 million on private jets and security for Mark Zuckerberg and his family in 2021.

The SEC has reportedly launched an investigation into how Amazon discloses details of its business practices, including how it uses third-party seller data. The company stands accused of using data from third-party sellers to decide when to make its own private-label products, unfairly competing with the very companies that generate its sales.

The SEC has reportedly launched an insider trading investigation into Tesla CEO Elon Musk and his brother Kimbal Musk following their recent stock sales.

The SEC has issued yet another subpoena to Tesla in relation to CEO Elon Musk’s tweets. Musk is supposed to have social media posts that have to do with his electric car company reviewed by a “Twitter sitter,” but has drawn fresh regulatory scrutiny over a Twitter poll asking the public if he should sell 10 percent of his stock holdings in the company, a sale that later did occur.

The SEC has stated that Apple shareholders will be allowed to vote on how the company should report its use of employee non-disclosure agreements (NDAs) and concealment contract clauses.

Tesla and SpaceX CEO Elon Musk has sold another $963.2 million worth of Tesla stock. Last month, Musk sold almost $10 billion worth of stock.  

Tech giant Apple previously told the SEC that it does not attempt to silence employees in relation to workplace harassment or discrimination, but a whistleblower’s nondisclosure agreement is bringing new scrutiny to this claim.

Football legend turned U.S. Senate candidate Herschel Walker is getting a big boost to his campaign. The Georgia Bulldog was recently joined on the trail by the Mama Grizzly.

Tesla CEO Elon Musk has reportedly sold nearly $5 billion in Tesla stock, according to recent financial filings.

A former Facebook employee reportedly told U.S. authorities recently that the social media giant’s efforts to remove child abuse material have been “inadequate” and “under-resourced.”

The National Center for Public Policy Research, a conservative think tank advocating free market policies, sued the U.S. Securities and Exchange Commission (SEC) on Monday after it approved the Nasdaq’s controversial “diversity” rule.

The CEO of cryptocurrency exchange Coinbase, Brian Armstrong, has accused the Securities and Exchange Commission (SEC) of unfairly targeting his platform and selective rule enforcement. Armstrong posted to social media: “They are refusing to offer any opinion in writing to the industry on what should be allowed and why, and instead are engaging in intimidation tactics behind closed doors. If you don’t want this activity, then simply publish your position, in writing, and enforce it evenly across the industry.”

The U.S. Securities and Exchange Commission (SEC) has charged three former Netflix software engineers with running an insider trading ring that generated $3 million in profits.

Friday on CNN’s “New Day, Southeastern Conference Commissioner (SEC) Greg Sankey issued a plea to fans to speak with medical professionals about getting vaccinated rather than “relying” on what they read on the internet or heard from somebody else.

Big 12 Commissioner Bob Bowlsby accused ESPN of encouraging other conferences to pick apart the league so Texas and Oklahoma can move to the Southeastern Conference more quickly and without paying a massive buyout.

Despite recent saber-rattling on the lack of “robust oversight” over cryptocurrency by Securities and Exchange Commission (SEC) chairman Gary Gensler, the Commission has no plans to regulate cryptocurrency in 2021, according to its recently published rulemaking list.

The Big Tech Masters of the Universe have come together to urge the SEC to require public companies to regularly disclose climate-related issues to shareholders. The letter was signed by Google’s parent company Alphabet, Amazon, Autodesk, eBay, Facebook, Intel, and Salesforce.