Elliott Management, the hedge fund that pushed for big changes at Twitter two years ago, exited the stock during the second quarter, soon after Elon Musk announced plans to buy the social media company, a regulatory filing shows. The filing on Monday, showed that Elliott no longer owned any common…
Billionaire tycoon Elon Musk-led SpaceX launched another batch of Starlink satellites into orbit on Friday.Taking to his official Twitter account, Musk, the founder of American spacecraft manufacturer, and satellite communications corporation SpaceX shared the details about the new satellite launch. According to the SpaceX reports, Falcon 9 launched 46 Starlink…
The European Space Agency (ESA) has begun preliminary technical discussions with Elon Musk’s SpaceX that could lead to the temporary use of its launchers after the Ukraine conflict blocked Western access to Russia’s Soyuz rockets. The private American competitor to Europe’s Arianespace has emerged as a key contender to plug…
Tesla is lobbying the Ontario government as part of an effort to set up an “advanced manufacturing facility” in Canada, a filing by the electric-vehicle maker to the province’s Office of the Integrity Commissioner showed. The company’s Canadian unit is working with the government to “identify opportunities for industrial facility permitting…
A vulnerability in Twitter’s software that exposed an undetermined number of owners of anonymous accounts to potential identity compromise last year was apparently exploited by a malicious actor, the social media company said Friday. It did not confirm a report that data on 5.4 million users was offered for sale…
Tesla will host its annual general meeting on Thursday, with the world’s most valuable automaker’s proposal for a second stock split in as many years set to take center stage for investors gathered in Austin, Texas. Also on the agenda are shareholder proposals for corporate governance-related items, including endorsing the right…
Former Pakistan Prime Minister and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan’s official Instagram account was reportedly hacked on Monday. The hacker shared a promotional tweet regarding cryptocurrency from his Instagram account. A link to Tesla CEO Elon Musk’s fake crypto account was also attached to his handle. Imran Khan has…
Tesla has received a second subpoena from the US Securities and Exchange Commission over its Chief Executive Elon Musk’s tweets in 2018 about taking the company private, the electric automaker disclosed in a regulatory filing on Monday. The company said it received the subpoena on June 13 and will cooperate…
The estranged wife of Google co-founder Sergey Brin who reportedly had an affair with Elon Musk is a California-based attorney and Silicon Valley entrepreneur. Nicole Shanahan allegedly had a brief fling with the Tesla CEO in December, which prompted her hubby to file for divorce and end his longtime friendship…
A Munich court has ordered Tesla to reimburse a customer for most of the EUR 112,000 (roughly Rs. 90,00,000) she paid for a Model X SUV because of problems with the Autopilot function, Der Spiegel reported on Friday. A technical report showed the vehicle did not reliably recognise obstacles like…
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