Year: 2022

The directors’ desire to keep the serial entrepreneur focused on the car maker contributed to the pursuit of a multibillion-dollar equity grant.

Mr. Musk has tried to frame demands for long hours of “hardcore” work at Twitter in altruistic terms but it isn’t clear that they are motivating employees.

A jury had convicted Elizabeth Holmes earlier his year on charges that she misrepresented the startup’s technology, finances and business prospects to investors.

The Twitter boss shared details of company’s speech policy and tweeted that some accounts would be reinstated.

The planned workforce reductions come as the used-car retailer faces economic headwinds and an uncertain future, its CEO said.

Nearly three-quarters of the $420 million that FTX raised in a fundraising blitz last year went to founder Sam Bankman-Fried, who sold some of his personal stake in the company.

The company followed up with practical details after Elon Musk challenged the remaining employees to be hardcore or leave.

The company’s chief executive said the job cuts have been the “most difficult decision” he has made.

Australia’s OZ Minerals says it intends to recommend BHP’s revised offer valuing its equity at $6.34 billion.

The crypto exchange exhibited a “complete failure of corporate controls,” former Enron chief John Ray said in his first detailed filing with the bankruptcy court.