The U.S. Securities and Exchange Commission (SEC) has sued Elon Musk, alleging that the billionaire failed to disclose his acquisition of Twitter stocks within the legally required timeframe in 2022. The most surprising aspect of this lawsuit is that it took so long to arrive.

The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media

Text shows that the Twitter board was enthusiastic about Musk's decision to buy up large sections of the company

Chinese officials are reportedly exploring a backup plan for TikTok after the Supreme Court appeared unlikely to save it from a US ban. With TikTok’s legal options nearly exhausted, multiple news outlets are reporting that China is considering an option it previously said it wouldn’t: letting ByteDance sell the app.

TikTok denied a report that Chinese officials are considering a sale of the company’s U.S. operations to tech billionaire and Trump ally Elon Musk ahead of a potential ban Sunday, calling the

TikTok denied a report that China is exploring a sale of the app to Elon Musk to keep TikTok operational in America amid a looming U.S. ban.

Good morning. The SEC is suing Elon Musk, at least for now. The Biden administration plans yet more chip curbs. And crypto offerings did well last year, but Bitcoin is still the one to beat. Listen to the day’s top stories.