Tag Archives: Musk

The affair has led to Brin and Musk’s friendship to end.Kelly Sullivan, Dimitrios Kambouris via Getty Images Elon Musk had an affair with Google co-founder Sergey Brin’s wife, according to the Wall Street Journal. Brin and Nicole Shanahan divorced in January of this year, shortly after Brin learned of the affair, the report states. Brin, a longtime friend of Musk, has pulled investments from the Tesla CEO’s various companies in recent months. Elon Musk was reportedly involved in a romantic… Source link

Elon Musk wanted to entrust charitable distribution of his fortune to a 30-something former pro gambler with no experience in philanthropy, according to a winding narrative published Saturday by The Wall Street Journal. Late last year, Musk increasingly relied on advice from 34-year-old Igor Kurganov, a self-described college dropout who had a multimillion-dollar career in professional gambling years before he met Musk. The Journal reported that Kurganov is currently not with Musk’s… Source link

Elon Musk could soon face off against Twitter in a Delaware court over whether he should be forced to buy the social media company. Musk’s excuse for backing out? Bots. Specifically, how many bots run rampant on Twitter. In trying to back out of the $44 billion deal, Musk has asserted that Twitter hasn’t provided enough data on the platform’s number of bots — automated accounts that can be benign but can also be used for nefarious purposes like bilking users out of their cash through… Source link

Elon Musk “doesn’t have a leg to stand on” in what could become a long courtroom battle with Twitter (TWRT), says one veteran stock analyst. “After a careful reading of Twitter’s lawsuit against Elon Musk, we flipped our view. We were formally skeptical about Twitter, now we’re skeptical about Elon’s position,” Barton Crockett of Rosenblatt Securities told Yahoo Finance Live. Twitter filed a suit in Delaware against Musk earlier this week after the CEO of Tesla (TSLA) Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, July 13, 2022 Twitter should ditch Musk Twitter (TWTR) has asked a Delaware court to force Tesla (TSLA) CEO Elon Musk to stick to his agreement to buy the social network for $44 billion. But the company’s own lawsuit illustrates exactly why the Tesla chief is possibly one of the least… Source link

Elon Musk, meme aficionado and the world’s richest person, issued his first public response to Twitter’s vow that it will haul him into court to enforce the terms of his $44 billion buyout offer for the company. Musk, just after midnight ET Sunday, tweeted a meme showing the celebrity CEO laughing at the latest turn of events. It focuses on the mega-billionaire’s central claim for bailing on the Twitter deal: that, according to Musk, the company has stonewalled on providing evidence to… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, July 11, 2022 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. As my career has soldiered on, I have come to terms with one thing: rich, powerful people are going to do whatever they damn well please. The reason for that is pretty simple — they have… Source link

Elon Musk could face paying billions after walking away from the Twitter deal.Angela Weiss/Getty Images Elon Musk may be on the hook for billions after abandoning his Twitter deal, an NYU professor said. Musk walked away from the deal Friday, blaming its failure to disclose the number of fake accounts. Experts told Reuters that Twitter may try to negotiate a lower price with the Tesla CEO. Elon Musk could face paying out billions of dollars after walking away from a deal to buy Twitter, an… Source link

By Greg Roumeliotis (Reuters) – Elon Musk, the chief executive officer of Tesla and the world’s richest person, said on Friday he was terminating his $44 billion deal to buy Twitter because the social media company had breached multiple provisions of the merger agreement. Twitter’s chairman, Bret Taylor https://twitter.com/btaylor/status/1545526087089696768?s=20&t=7sx_IvK_zZkztdHdh8pwQQ, said on the micro-blogging platform that the board planned to pursue legal action to enforce the merger… Source link

‘Recession is inevitable’: Elon Musk now thinks there’s a greater than 50-50 chance that the economy will decline. Here are 3 simple ways to protect your money The U.S. economy made a strong recovery from the COVID-19 pandemic. But according to Tesla CEO and billionaire Elon Musk, the good times might be over pretty soon. “I think a recession is inevitable at some point,” he said at the Qatar Economic Forum earlier this month. “As to whether there is a recession in the near term,… Source link