Elon Musk’s legal team responded late Monday, just before a deadline, to the Securities and Exchange Commission’s request to hold him in contempt of court over a tweet he made about Tesla’s production rate. In the filing submitted to a federal court in Manhattan, Musk’s lawyers say the tweet, posted last month, did not violate […]
View More Elon Musk’s lawyers argue he should not be held in contempt for tweet about Tesla’s production rateCategory: Securities and Exchange Commission
Elon Musk’s lawyers argue he should not be held in contempt for tweet about Tesla’s production rate
Elon Musk’s legal team responded late Monday, just before a deadline, to the Securities and Exchange Commission’s request to hold him in contempt of court over a tweet he made about Tesla’s production rate. In the filing submitted to a federal court in Manhattan, Musk’s lawyers say the tweet, posted last month, did not violate […]
View More Elon Musk’s lawyers argue he should not be held in contempt for tweet about Tesla’s production rateEquity Shot: Lyft files to go public and we’re stoked
Hello and welcome back to Equity. Guess what we’re talking about today! It’s Lyft. You guessed correctly.
View More Equity Shot: Lyft files to go public and we’re stokedLyft unveils its S-1 and nearly $1B in 2018 losses
According to the filing, Lyft recorded $2.2 billion in 2018 revenue on a net loss of $911 million.
View More Lyft unveils its S-1 and nearly $1B in 2018 lossesThese are all the federal HTTPS domains that’ll expire soon because of the US government shutdown
We like to think of ourselves as nerds here at TechCrunch, which is why we’re bring you this. During the government shutdown, security experts noticed several federal websites were throwing back browser errors because the TLS certificate, which lights up your browser with “HTTPS” or flashes a padlock, on many domains had expired. And because […]
View More These are all the federal HTTPS domains that’ll expire soon because of the US government shutdownSEC slaps startups Wealthfront and Hedgeable with fines for making false disclosures
The Securities and Exchange Commission appears to be keeping a close eye on financial services startups, with today’s news that the agency has settled cases with two robo-advisory companies over allegations that they misled investors. Wealthfront Advisers, one of the darlings of the fintech investment sector with $11 billion under management and roughly $200 million […]
View More SEC slaps startups Wealthfront and Hedgeable with fines for making false disclosuresSoftBank’s Vision Fund inches closer to $100B
Much has been said about the SoftBank Vision Fund, mostly in awe of the size of the investment vehicle. Today, however, the Vision Fund inched yet closer to that twelve-figure goal.
View More SoftBank’s Vision Fund inches closer to $100BSnap is being probed over its IPO because some investors are salty about losing money
Here’s something I didn’t expect to read today. The U.S. Justice Department and Securities and Exchange Commission has subpoenaed Snap for details on its IPO apparently in connection with a lawsuit from disgruntled shareholders who claim the company played down its rivalry with Instagram. Reuters first reported on the subpoenas which Snap has confirmed. Precise details […]
View More Snap is being probed over its IPO because some investors are salty about losing moneyDocker has raised $92 million in new funding
Docker, the company that did more to create today’s modern containerized computing environment than any other independent company, has raised $92 million of a targeted $192 million funding round, according to a filing with the Securities and Exchange Commission. The new funding is a signal that while Docker may have lost its race with Google’s […]
View More Docker has raised $92 million in new fundingThe next big restaurant chain may not own any kitchens
If investors at some of the biggest technology companies are right, the next big restaurant chain could have no kitchens of its own. These venture capitalists think the same forces that have transformed transportation, media, retail and logistics will also work their way through prepared food businesses. The Battle Is For The Customer Interface Investors […]
View More The next big restaurant chain may not own any kitchensChegg resets 40 million user passwords after data breach
Chegg, a technology giant specializing in textbook rental, has confirmed a data breach affecting some 40 million customers. In a filing with the Securities and Exchange Commission, the company said it will reset all user passwords after hackers gained access to the company’s customer database. That database includes users for Chegg’s website but also other […]
View More Chegg resets 40 million user passwords after data breachDOJ launches investigation into Tesla, Elon Musk’s tweets
Tesla’s stock is down 5 percent this morning after news emerged the U.S. Department of Justice had launched a criminal investigation into CEO Elon Musk’s Aug. 7 tweets about taking the company private. The criminal probe is in addition to the previously reported Securities and Exchange Commission investigation into the electric car company. “Last month, following […]
View More DOJ launches investigation into Tesla, Elon Musk’s tweets