Technology

The SEC Sent a Letter to Musk About His Twitter Shares in April

The Securities and Exchange Commission on Friday revealed that it began probing Elon Musk’s purchases of Twitter stock in early April and looking into whether he properly disclosed his stake and his intentions for the social media company. In a regulatory filing, the agency said it had approached Mr. Musk on April 4. At the …

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How Influencers Hype Crypto, Without Disclosing Their Financial Ties

Some of the projects that Mr. Armstrong promoted were small-time, experimental crypto ventures that eventually encountered problems. In those cases, he said, he considered himself a victim, too. “They’re preying on the news crypto influencer who just got popular and is trying to figure out what they should and shouldn’t be doing,” he said. “It’s …

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Broadcom to Acquire VMware in $ 61 Billion Enterprise Computing Deal

Broadcom, the semiconductor giant, said on Thursday it had agreed to buy the software company VMware in a transaction valued at $ 61 billion. The deal would furnish Broadcom with popular computing tools used by a large swath of corporations and reshuffle the vast market for enterprise computing technology. The chip company will spend the …

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Twitter Fined in Privacy Settlement, as Musk Commits More Equity for Deal

Twitter was fined $ 150 million by the Federal Trade Commission and the Justice Department on Wednesday, as part of a settlement for misleading users about how it treated their personal data. Twitter had told users it was collecting their email addresses and phone numbers to protect their accounts, but did not do enough to …

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