SEC - Page 4

Elizabeth Holmes Faces 2020 Fraud Trial over Theranos Collapse

Disgraced former CEO Elizabeth Holmes will stand trial for her role in the now infamous collapse of her startup Theranos, which falsely claimed that it had revolutionized medical blood testing. She faces up to 20 years in prison for fraud, with her trial occurring next year.

Elizabeth Holmes, CEO of Theranos, participates in the closing plenary session of the Clin

Report: Facebook’s Data Deals Under Criminal Investigation

According to a recent report from the New York Times, tech giant Facebook is under criminal investigation for a number of data deals with other major tech firms. The New York Times recently reported that federal prosecutors are conducting a criminal investigation

WASHINGTON, DC - APRIL 10: Facebook co-founder, Chairman and CEO Mark Zuckerberg testifies

Tesla Closes Retail Stores, Announces $35K Model 3

Elon Musk’s Tesla revealed this week that the company is closing all of its retail stores and only selling cars online, while also finally released the $35,000 Tesla Model 3, and slashing prices on most other models at the same time.

Tesla names board director to replace Musk

Elon Musk: Short-Selling Stocks Should Be Illegal

As Tesla CEO Elon Musk’s settlement agreement with Securities and Exchange Commission (SEC) awaits finalization, the erratic billionaire claimed Thursday that stock short-sellers are “value destroyers” and called for the practice to be outlawed.

Automaker Tesla to remain a public company, CEO Musk says

Musk: Tesla Employees Should ‘Ignore the Distractions’

Following his settlement with the Securities Exchange Commission (SEC), Tesla CEO Elon Musk told company employees in emails to “ignore the distractions” and hinted that the company may soon be profitable. But despite his rosy outlook, problems persist.

Elon Musk