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Elon Musk appears in court to defend Tesla buyout tweets | Science & Tech News
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Elon Musk has appeared in court to refute allegations that Tesla shareholders were defrauded out of billions of dollars by his tweets. The company’s chief executive wrote in 2018 that he had “secured” funding to take the electric carmaker private and later that investor backing was “confirmed”, causing shares to soar and then fall. Less […]
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Elon Musk’s ‘lies’ about Tesla on Twitter cost investors millions, court told | World News
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Elon Musk “lied” when he claimed he had “secured” funding to take Tesla private, a lawyer for investors has told a court. The company’s chief executive wrote in 2018 that he had “secured” funding to take the electric carmaker private and later that investor backing was “confirmed”, causing shares to fall and then to soar. […]
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Elon Musk being investigated by federal authorities, Twitter reveals in court filing | Science & Tech News
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Elon Musk is being investigated by federal authorities over his conduct in his $44bn (£39bn) takeover deal of Twitter, the social media company has said in a court filing. The world’s richest man recently announced he would go ahead with purchasing the platform for the huge sum, following months of legal battles. Twitter, which sued […]
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UK High Court rules Saudi Arabia not immune from legal challenge over spyware against British resident | Science & Tech News
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A human rights activist has been granted the ability to sue the Kingdom of Saudi Arabia after alleging Saudi agents assaulted him and infected his iPhones with spyware. The High Court ruled on Friday that the Kingdom of Saudi Arabia (KSA) does not have immunity from facing the legal challenge under the State Immunity Act […]