Elon Musk is being sued by the U.S. Securities and Exchange Commission over his 2022 Twitter takeover. The agency alleges that the billionaire failed to disclose his ownership of Twitter stock in a timely manner, saving himself at least $150 million “at the expense of shareholders.”
WASHINGTON — Elon Musk cheated Twitter shareholders out of more than $150 million by waiting too long to disclose his growing stake in the company as he prepared a takeover bid, the U.S. Securities and Exchange Commission claimed in a lawsuit filed days ...
Bitwise has filed for a Dogecoin ETF, and crypto bettors on Polymarket believe there are now much higher chances a $DOGE ETF will be approved.
If an S-1 form is officially lodged, Bitwise will join Osprey Funds and Rex Shares, who just filed for several cryptocurrency ETFs on Tuesday. Among those are the ones tracking Dogecoin and Official Trump (TRUMP), President Donald Trump’s memecoin.
Citigroup (C) and Evercore ISI are acting as book-running managers for the proposed IPO and as representatives of the underwriters. RBC Capital Markets and William Blair are acting as joint bookrunners, and Baird is acting as co-manager for the proposed offering.
Elon Musk had sharp words for a private-sector partnership touted this week by the Trump administration to hasten the development of artificial intelligence infrastructure. “They don’t actually have the money,” Musk said of two of the participants in the $500 billion initiative, OpenAI and SoftBank, on his social media site X.
Crypto fund manager Bitwise Asset Management has officially filed for a Dogecoin (DOGE) exchange-traded fund (ETF) with the U.S. Securities and Exchange
The billionaire appeared to laugh at the suggestion Trump's chief of staff is blocking Musk's access to the president.
Authorities said Thursday that their investigation into an explosion that rattled the Trump Hotel in Las Vegas and killed one person had narrowed in on a decorated U.S. Army soldier, but that key ...
The series of directives issued by President Donald Trump within hours of his swearing-in was -- as expected -- unambiguous, assertive and geopolitically important.
The past week has been a whirlwind of activity, with significant developments in the corn industry, cryptocurrency, artificial intelligence, and electric vehicles. Here’s a quick recap of the top stories that made headlines.
The rebranding of a former White House digital office into the new Department of Government Efficiency signals its potential limits, budget experts said.