Dec 16 (Reuters) – Elon Musk’s team has reached out to investors to raise new funds for his struggling social media platform Twitter, one of the investors said. Ross Gerber, president and…
Tag: ITSE
Foxconn unit to sell stake in Chinese chip firm Unigroup
TAIPEI, Dec 17 (Reuters) – Taiwan’s Foxconn (2317.TW), the world’s largest contract electronics maker, said on Friday its subsidiary in China has agreed to sell its entire equity stake in embattled Chinese…
Elon Musk’s Twitter suspension of journalists draws global backlash
Dec 16 (Reuters) – Twitter’s unprecedented suspension of at least five journalists over claims they revealed the real-time location of owner Elon Musk drew swift backlash from government officials, advocacy groups and…
Twitter suspends several journalists, Musk cites ‘doxxing’ of his jet
Dec 15 (Reuters) – Twitter on Thursday suspended the accounts of several prominent journalists who recently wrote about its new owner Elon Musk, with the billionaire tweeting that rules banning the publishing…
Chinese firms avert delisting as U.S. audit watchdog gets full inspection access
NEW YORK/HONG KONG/WASHINGTON, Dec 15 (Reuters) – The U.S. accounting watchdog on Thursday said it has full access to inspect and investigate firms in China for the first time ever, removing the…
Tesla shares fall as investors bash Musk’s Twitter focus
SAN FRANCISCO, Dec 14 (Reuters) – Tesla (TSLA.O) shares extended declines to hit their lowest level in more than two years on Wednesday, as investors including a “fanboy” of CEO Elon Musk…