Billionaire Tesla CEO Elon Musk may have changed his mind about paying so much for Twitter. But it's not so easy to walk away from the legal agreement he signed.
Elon Musk addressed Twitter employees for the first time since striking a deal to buy the social network for $44 billion. He did not say whether he was having second thoughts.
The Fed will continue raising interest rates this week as inflation continues to soar. Some CEOs worry the fight to bring prices under control could end up sparking an economic downturn.
Working from home isn't possible in many jobs, but in companies where it is, the return to office has become a point of tension between workers and their bosses.
The world's richest man, who has run afoul of regulators before, is in their sights again as he tries to buy Twitter. It's raising questions about the SEC's ability to police the rich and powerful.
Musk says he will review and directly approve any requests for employees who wish to be exempt from the company's return-to-work policy, according to leaked emails reported by Electrek.
Tesla CEO Elon Musk says his deal to buy Twitter can't move forward unless the company shows public proof that less than 5% of the accounts on the social media platform are fake or spam.
The Tesla and SpaceX mogul said he needs to make sure the fake accounts "do indeed represent less than 5%" of Twitter's users, as the company has estimated.
Tesla shares dropped 12.2%, wiping out more than $125 billion off its market value, over worries about how it would be impacted as Elon Musk looks to complete his takeover of Twitter.
Before Twitter accepted Musk's $44 billion offer, he has floated numerous ideas for changing the social network. Not all of those proposals have been welcomed by experts.
