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Dealbook

Dealbook

Elon Musk Sells $7 Billion in Tesla Stock for Twitter Deal

Elon Musk, the chief executive of the electric vehicle maker Tesla, has sold about $7 billion worth of the company’s stock, a move he said on Twitter was an effort …

Elon Musk Sells $7 Billion in Tesla Stock for Twitter Deal Read More
Dealbook

Tesla faces a pressure campaign from activist investors.

Tesla investors on Thursday will vote on several proposals by activist investors that seek to pressure the company and its chief executive, Elon Musk, to change the way they treat …

Tesla faces a pressure campaign from activist investors. Read More
Dealbook

Nor Inventory Piles Up, Liquidation Warehouses Are Busy

PITTSTON, Pa. — Once upon a time, when parents were scrambling to occupy their children during pandemic lockdowns, bicycles were hard to find. But today, in a giant warehouse in …

Nor Inventory Piles Up, Liquidation Warehouses Are Busy Read More
Dealbook

FTC Chair Lina Khan Upends Antitrust Standards by Suing Meta

WASHINGTON — Early in her tenure as chair of the Federal Trade Commission, Lina Khan declared that she would rein in the power of the largest technology companies in a …

FTC Chair Lina Khan Upends Antitrust Standards by Suing Meta Read More
Dealbook

FTC Sues to Block Meta Virtual Reality Deal as It Confronts Big Tech

WASHINGTON — The Federal Trade Commission on Wednesday filed for an injunction to block Meta, the company formerly known as Facebook, from buying a virtual reality company called Within, potentially …

FTC Sues to Block Meta Virtual Reality Deal as It Confronts Big Tech Read More
Dealbook

Loans Could Burn Start-Up Workers in Downturn

SAN FRANCISCO — Last year, Bolt Financial, a payments start-up, began a new program for its employees. They owned stock options in the company, some worth millions of dollars on …

Loans Could Burn Start-Up Workers in Downturn Read More
Dealbook

Takeaways From Banks Second Quarter Earnings

Investors have been sifting through the first batch of company earnings this quarter to monitor the chances of a recession, the state of consumer spending and the outlook for the …

Takeaways From Banks Second Quarter Earnings Read More
Dealbook

Amazon CEO Andy Jassy Breaks From the Bezos Way

When Jeff Bezos was chief executive of Amazon, he took an arms-length stance towards the company’s affairs in Washington. He rarely lobbied lawmakers. He testified only once before Congress, under …

Amazon CEO Andy Jassy Breaks From the Bezos Way Read More
Dealbook

What Happens to Twitter if Elon Musk Walks Away?

The mess left behind Shares of Twitter plunged by more than 11 percent yesterday to one of their lowest points since 2020, and investors fretted over whether Elon Musk would …

What Happens to Twitter if Elon Musk Walks Away? Read More
Dealbook

How Elon Musk Damaged Twitter and Left It Worse Off

SAN FRANCISCO — For years, Twitter was a runner-up social media company. It never grew to the size and scale of a Facebook or an Instagram. It simply muddled along. …

How Elon Musk Damaged Twitter and Left It Worse Off Read More

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