Tesla Finds Trouble Again

SEC Sues Elon Musk for Fraud

Elon Musk, Tesla’s chief executive, was accused by federal regulators on Thursday of misleading investors with false public statements, a move that could force him out of the company’s leadership. At issue is Mr. Musk’s declaration on Twitter last month that he had “funding secured” to buy out the stock of the electric-car maker...

By | September, 28, 2018|Categories: Articles, Featured|Tags: , , , , , , , |0 Comments

Justice Department Looks Under the Hood

In Musk We Trust?

Tesla Inc. on Tuesday said the Justice Department has opened an investigation into the company following Chief Executive Elon Musk’s surprise tweet in August that he had secured funding to possibly take the electric-car maker private...

By | September, 19, 2018|Categories: Articles, Featured|Tags: , , , , , , , , , |0 Comments

Alibaba Moving to Russia

Alibaba Teams Up with Russia

Chinese e-commerce giant Alibaba Group Holding Ltd. agreed to take a 10% stake in one of Russia’s biggest tech players—a commercial tie-up that comes as both countries move to strengthen geopolitical bonds. The stake in Mail.Ru Group Ltd., one of Russia’s earliest and most prominent internet firms, would be worth about $484 million...

By | September, 12, 2018|Categories: Articles, Featured|Tags: , , , , , , |0 Comments

Snapped: Strategy Chief Stepping Down

Snap’s Strategy Chief to Leave Company

Imran Khan, Snap’s chief strategy officer and one of the few executives remaining at the struggling company since its 2017 public offering, is stepping down. On Monday, the company said in a regulatory filing that Mr. Khan would remain at the company until his replacement was hired. Afterward, he is expected to set up a firm that will both help and invest in technology start-ups

By | September, 11, 2018|Categories: Articles, Featured|Tags: , , , , , |0 Comments