Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a “heavy debt load,” the platform still has a negative cash flow. CNN values your feedback 1.

Elon Musk has lost a legal fight concerning unpaid severance to a former Twitter (now X) employee, who was laid off following the billionaire's acquisition of the platform in 2022.

Tesla and SpaceX CEO Elon Musk has lost a court battle against Twitter executives over severance pay claims. What Happened: On Friday, U.S. District Judge Maxine Chesney ruled in favor of former ...

Twitter has sued Elon Musk to compel him to buy the social media company for $44 billion – a deal the world's richest person said last week he was calling off.. The lawsuit, filed in Delaware's ...

Elon Musk offered to buy Twitter at its original purchase price on Monday — a rare move for a billionaire that has never been one to back down from a legal battle.

Twitter says its $44 billion sale to Elon Musk is still on and it will go to court to make it happen, despite the mercurial billionaire's declaration he is breaking it off.

Elon Musk subpoenaed Stanford University on Wednesday in the latest development of an ongoing legal dispute over his scrapped plans to acquire Twitter for $44 billion.. In the subpoena, Musk’s ...

In "Battle for the Bird," author Kurt Wagner shows how a checked-out Jack Dorsey left an opening for Elon Musk. I asked Wagner what else he learned.

Elon Musk moved Friday afternoon to terminate his $44 billion deal to buy Twitter — the latest twist in a whirlwind process in which the billionaire Tesla CEO became the company’s biggest ...

Elon Musk has purchased Twitter, ending a monthslong saga over whether or not he would go through with his offer to acquire the social media platform. WSJ takes an inside look at the tweets, texts ...

Twitter’s stock plunged more than 11 percent to one of its lowest points since 2020 as investors anticipated the coming legal battle. Since Twitter accepted Mr. Musk’s acquisition offer, on ...