SEC lawsuit claims Musk gained over $150 million by delaying Twitter stake disclosure

After a more than two-year investigation, the Securities and Exchange Commission has sued Elon Musk over his delayed disclosure of the Twitter stock he amassed before announcing his intention to acqui [...]

Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure

Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]

The SEC is dropping an investigation into Robinhood

In another sign that the Trump administration will be friendlier toward the cryptocurrency industry, the Securities and Exchange Commission is dropping an investigation into Robinhood. The agency has [...]

Coinbase says Trump’s SEC has ended its enforcement case against the crypto company

Coinbase says that the SEC has agreed to end an enforcement case that accused it of illegally running an unregistered securities exchange. This could signal a major change in how the US government wil [...]

What you need to know as Elon Musk's lawsuit against Sam Altman begins

In a few short days, jury selection will begin in the long-awaited Musk v. Altman case. At the end of that process, an Oakland federal court will task nine regular people with deciding if OpenAI defra [...]

Big Tech bent the knee for Trump in 2025

Sure, we've seen millions poured into lobbying and other means of influence during every presidency, but the last two years set a whole new bar. Business leaders, including those from almost ever [...]

Elon Musk misled investors during his Twitter takeover, jury finds

A group of former Twitter investors have prevailed at a federal civil trial over Elon Musk's actions amid his $44 billion acquisition of the social platform in 2022. A jury in San Francisco found [...]

Judge approves settlement in suit that Tesla's board overpaid themselves

A judge has approved the settlement that finally wraps up a case brought against Tesla by the Police and Fire Retirement System of the City of Detroit. The shareholders argued that Tesla's board [...]

X will pay ‘about $10 million’ to settle lawsuit over Donald Trump’s Twitter suspension

X has reached a settlement with President Donald Trump in a lawsuit over the president’s 2021 suspension from Twitter. The Wall Street Journal reports that the Elon Musk-owned company has agreed to [...]