Tesla CEO Elon Musk’s $44 billion deal to buy Twitter Monday met mixed reactions as observers speculated how digital speech on the service might change under his leadership. Musk, a prolific Twitter user who has criticized Twitter’s management in tweets, said in the press release Monday announcing the deal that “Twitter is the digital town…
read moreTwitter CEO Parag Agrawal told employees Monday that he is uncertain of the direction the company will go after Tesla CEO Elon Musk takes over. Musk reached an agreement Monday to buy Twitter for $44 billion, promising to make the platform more supportive of free speech. The move has raised questions about how far…
read moreThe board of Twitter is negotiating with Tesla CEO Elon Musk over his bid to buy the social media giant. Media reports Monday said the two sides are close to reaching a deal. Musk recently announced that he wants to buy the platform and later unveiled a financing package to back the acquisition. …
read moreAccording to papers filed with U.S. securities regulators, billionaire Elon Musk appears ready to continue his bid to take over Twitter, this time via a tender offer that would bypass the company’s board and offer to buy stock directly from shareholders. Twitter’s board of directors last week voted unanimously to use a tactic called a…
read moreA group of Tesla shareholders suing CEO Elon Musk over some 2018 tweets about taking the company private is asking a federal judge to order Musk to stop commenting on the case. Lawyers for stockholders of the Austin, Texas-based company also say in court documents that the judge in the case has ruled that Musk’s…
read moreA classified satellite for the U.S. National Reconnaissance Office was launched into space from California on Sunday. The NROL-85 satellite lifted off at 6:13 a.m. local time from Vandenberg Space Force Base aboard a two-stage SpaceX Falcon 9 rocket. It was the first mission by the NRO to reuse a SpaceX rocket booster, Vandenberg said…
read moreRussia is clamping down on news and the internet. Overseas media organizations and activists are finding new ways in. …
read moreEven before Russia’s invasion of Ukraine, U.S. officials warned about cyberattacks originating in Russia against critical American infrastructure. Now, U.S. security agencies are increasingly cracking down on the networks used by cybercriminals, including for ransomware attacks. Dino Jahic has the story, narrated by Anna Rice. …
read moreTwitter’s board of directors on Friday voted unanimously to use a tactic called a “poison pill” to fend off Elon Musk’s attempt to take over the company. In such a defensive tactic, all Twitter shareholders except Musk could buy more shares at a discount. This would dilute the world’s richest person’s stake in the company…
read moreHours after announcing his $43 billion hostile takeover bid for Twitter, business magnate Elon Musk laid out some of his goals for the social media giant, including an edit button that would let users amend ill-considered tweets. Musk made the comments on the concluding day of the annual TED Conference in Vancouver. In a question-and-answer…
read moreRussian users of Netflix NFLX.O have launched a class action lawsuit against the streaming giant for leaving the Russian market, demanding 60 million roubles ($726,000) in compensation, the RIA news agency reported on Wednesday. Netflix Inc said in March that it suspended its service in Russia and had temporarily stopped all future projects and acquisitions…
read moreA former energy executive in California who took part in $1 billion solar power fraud that bilked Warren Buffett’s company and many others was sentenced Tuesday to six years in federal prison and ordered to pay $624 million in restitution. Robert A. Karmann, 55, of Clayton was the chief financial officer for DC Solar, a…
read moreElon Musk’s huge Twitter investment took a new twist Tuesday with the filing of a lawsuit alleging that the colorful billionaire illegally delayed disclosing his stake in the social media company so he could buy more shares at lower prices. The complaint in New York federal court accuses Musk of violating a regulatory deadline to…
read moreThe world of nonfungible tokens, or NFTs is getting a boost from companies and celebrities, who are making the digital products. But the nascent technology comes with risks. Tina Trinh reports. …
read moreTwitter Inc’s biggest shareholder, Elon Musk, has decided not to join its board, Chief Executive Parag Agrawal said late on Sunday. Musk, who calls himself a free-speech absolutist and has been critical of Twitter, disclosed a 9.1% stake on April 4 and said he plans to bring about significant improvements at the social media platform. …
read moreChinese e-commerce company JD.com said Thursday that its founder Richard Liu has left his position as CEO, the latest Chinese billionaire founder to step aside amid increased government scrutiny of the country’s technology industry. Liu will hand over the reins to JD.com’s president Xu Lei, according to a company statement. Liu will remain as the…
read moreTwitter said on Tuesday it will begin testing a new edit feature in the coming months, surprising its users on the same day it said Tesla boss Elon Musk would join the social media company’s board. Jay Sullivan, Twitter’s head of consumer products, said in a tweet the company had been working since last year…
read moreA day after it was revealed he owned the largest stake in Twitter, slightly more than 9% of shares, Elon Musk has joined the company’s board of directors. The Tesla and SpaceX founder will be on the board until at least 2024, according to a regulatory filing. As a stipulation of his board membership, Musk…
read moreIn the U.S., some restaurants and medical supply stores are turning to drones to deliver food, medicine, and other essential goods to people’s homes. VOA’s Julie Taboh has more. …
read moreThe Kremlin’s clampdown on news of the war in Ukraine has hackers and volunteers from around the world are sending messages directly to Russian citizens’ phones to keep them informed. Matt Dibble has the story. …
read moreChina has connected a high-speed, multimillion-dollar, 15,000-kilometer undersea cable to Kenya, as Beijing advances what’s been dubbed its “digital silk road,” and Africa seeks the infrastructure it badly needs for better internet connectivity. Chinese giant Huawei is a shareholder in the $425-million PEACE cable, which stands for “Pakistan and East Africa Connecting Europe.” It…
read moreUp to 40% of food in the U.S. is discarded. But as VOA’s Julie Taboh reports, a company in the Netherlands has come up with technology that can help reduce food waste in industrial kitchens. Camera: Tina Trinh, Orbisk; Produced by Julie Taboh, Adam Greenbaum …
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