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SEC and Musk to defend $1.5m Twitter-disclosure settlement before DC federal judge
17h ago·Business
viaChannel News Asia

Attorneys for the regulator and Elon Musk appear before US District Judge Sparkle Sooknanan on Wednesday to argue the fairness of a settlement resolving the 2022 Twitter-stake disclosure case.

Elon MuskElon Musk91.3 ΦDonald TrumpDonald Trump96.5 Φ
Trump Mobile says T1 phone starts shipping this week, 11 months after launch
19h ago·Business
viaThe Verge

Trump Mobile CEO Pat O'Brien told USA Today the long-delayed Trump-branded phone begins shipping this week, with preorders fulfilled within several weeks.

Donald TrumpDonald Trump96.5 Φ
Australia's first Trump Tower scrapped; developer cites 'toxic' brand and Iran war
1d ago·Business
viaBBC

Altus Property Group has cancelled the A$1.5bn Gold Coast project announced in February, blaming the Trump brand's standing in Australia and the Iran war; the Trump Organization blames the developer for missed obligations.

Donald TrumpDonald Trump96.5 Φ
Altman tells jury Musk wanted OpenAI control passed to his children
1d ago·Business
viaAl JazeeraNPRSky NewsBBC+1 more

OpenAI CEO testified Tuesday that Musk pushed for majority ownership, suggested making OpenAI a Tesla subsidiary, and said control might one day go to his children.

Elon MuskElon Musk91.3 Φ
OpenAI chief Sam Altman to take stand Tuesday in Musk lawsuit trial
1d ago·Business
viaChannel News Asia

Third-week trial in California; Musk seeks Altman's and Brockman's removal over OpenAI's pivot to for-profit structure.

Elon MuskElon Musk91.3 Φ
Musk, Cook among 17 US executives joining Trump on China trip
1d ago·Business
viaBBCGuardian

Tesla, Apple, BlackRock and JP Morgan are represented in the delegation; Nvidia's Jensen Huang is notably absent.

Donald TrumpDonald Trump96.5 ΦElon MuskElon Musk91.3 ΦXi JinpingXi Jinping21.9 Φ
Senate set to confirm Kevin Warsh as Fed chair this week, succeeding Powell
2d ago·Business
viaCryptoSlateGuardian

Vote expected along party lines; Powell heads out under pressure as Trump continues push to influence the central bank.

Donald TrumpDonald Trump96.5 Φ