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Elon Musk to pay $1.5M fine to settle suit over delayed Twitter disclosures

Elon Musk settled the U.S. Securities and Exchange Commission's civil lawsuit accusing the world's richest person of waiting too long in 2022 to disclose his initial purchases of Twitter, now known as X. A trust in Musk's name will pay a $1.5 million US fine.

Elon Musk settles SEC lawsuit over Twitter disclosures, $1.5 million fine imposed

By Jonathan Stempel and Douglas Gillison WASHINGTON/NEW YORK, May 4 (Reuters) - Elon Musk settled the U.S. Securities and ...

Musk settles lawsuit alleging he cheated Twitter shareholders out of millions

Elon Musk has agreed to pay a civic penalty in order to settle a lawsuit alleging that he intentionally cheated Twitter ...

Elon Musk’s Tesla compensation totals $158 billion for 2025

Elon Musk's 2025 Tesla compensation — on paper — is exceptional even in the context of increasingly large packages for executives seen as key to their companies.

Musk's comp plan valued 2.5M times more than Tesla employees, but he can't exactly spend it

Tesla reported a CEO-to-worker pay ratio of 2.5M-to-1, prompting questions about what Musk could do with $1 trillion.

OpenAI President Greg Brockman grilled over embarrassing diary entries while taking charitable donations from Elon Musk: ‘What will take me to $1B?’

OpenAI's president Greg Brockman got grilled by Elon Musk's lawyer on Monday over embarrassing diary entries from nearly a decade ago in which he fantasized about becoming a billionaire -- even as the then-nonprofit charity got millions in donations from Musk.

Elon Musk to pay $1.5 million to settle SEC lawsuit over Twitter stock

Tech mogul Elon Musk, the world’s wealthiest individual with a net worth currently estimated at $659 billion, agreed to pay a ...

4 days left: Get 50% off a second TechCrunch Disrupt 2026 pass to make more deals faster

For the next four days only, you can buy one pass to TechCrunch Disrupt 2026 and get 50% off a second of the same ticket type. That window closes May 8 at 11:59 p.m. PT. After that, prices go up, and you’ll pay more to bring a partner or colleague. Register today to get your plus-one pass at 50% off.

India’s first GenAI unicorn shifts to cloud services as AI model ambitions face reality

Krutrim's pivot to cloud after layoffs and limited product updates reflects the economic challenges of building AI models in India.

Amazon bets Nobel Prize-based dehumidification can cut its energy use

Amazon will buy a new type of HVAC system for its commercial buildings to slash energy use.

Coinbase to lay off 14% of staff as part of broader restructuring

The restructuring is aimed at addressing market volatility and increasing the use of AI tools to improve efficiency.

Moment Energy raises $40M to meet ‘infinite demand for power’ with EV batteries

The startup has put a spin on repurposing EV batteries, CEO Edward Chiang told TechCrunch.

Apple explores Intel and Samsung for chipmaking, ending TSMC’s solo run on M-series

Bloomberg reports Apple is in early-stage discussions with Intel and Samsung about producing some of its M-series chips. The talks are exploratory; the signal is significant. Apple’s silicon strategy has, for nearly a decade, run on a single foundry relationship. Bloomberg reported on Tuesday that the company is now exploring early-stage discussions with Intel and […]This story continues at The Next Web

Three months after raising $30bn, Alphabet taps the euro market again

Three months after a $30bn multi-currency raise, Google’s parent is back. The euro tranches expand one of the most active corporate borrowing programmes of the AI cycle. Three months after raising more than $30bn in a multi-currency global debt issue, Alphabet is back at the bond market. Bloomberg reported on Tuesday that Google’s parent has […]This story continues at The Next Web

OpenAI turns its sold-out GPT-5.5 party into a monthlong Codex giveaway for 8,000 developers

OpenAI on Monday began emailing more than 8,000 developers who applied for its invite-only GPT-5.5 party with a surprise consolation prize: a tenfold increase in Codex rate limits on their personal ChatGPT accounts, effective immediately and lasting through June 5."We had over 8,000 people express interest in just 24 hours, and while we wish our office was big enough to welcome everyone, we weren't able to make space for every person who applied," the company wrote in the email, w

As workers worry about AI, Nvidia’s Jensen Huang says AI is ‘creating an enormous number of jobs’

The Nvidia CEO seems to feel that claims of AI's job-killing potential have been greatly exaggerated.

Elon Musk pressured OpenAI’s Greg Brockman to settle lawsuit or become one of ‘most hated men in America’: filing

Elon Musk pressured OpenAI leaders to cut a deal on the eve of their high-profile court battle – warning cofounder Greg Brockman that he and Sam Altman were about to become the “the most hated men in America,” according to a new court filing.

Elon Musk settles SEC lawsuit over Twitter disclosures, $1.5 million fine imposed

By Jonathan Stempel, Douglas Gillison and Chris Prentice WASHINGTON/NEW YORK, May 4 (Reuters) - Elon Musk settled the U.S.

Elon Musk emailed OpenAI two days before trial asking about settlement, court filing shows

The second week of testimony is underway in Elon Musk's lawsuit against Sam Altman's OpenAI. On Monday, an email sent by Musk ...

Elon Musk agrees to pay $1.5 mn to end Twitter lawsuit

The case involves Musk's missing a statutory deadline for notifying regulators as he bought more and more Twitter shares ahead of the takeover. | World News