sec

Court orders Elon Musk to testify in the SEC’s investigation of his Twitter takeover

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As part of monitoring a A federal judge has ordered Elon Musk to comply with the U.S. Securities and Exchange Commission's (SEC) subpoena and testify again as part of its investigation into his takeover of Twitter, reports. Under the order filed Saturday evening in a California court, Musk and the SEC now have one week … Read more

Snap is laying off 10 percent of its workforce

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Snap, Snapchat's parent company, lays off 10 percent of its workforce, and confirmed by a company spokesperson. The company reported a total workforce of 5,367 employees at the end of the third quarter of 2023, so the layoffs are expected to affect approximately 540 people. Snap discussed the decision in the SEC filing, saying the … Read more