The US Securities and Exchange Commission (SEC) is suing messaging service Kik Interactive, stating that its 2017 digital token sale, which raised $100 million, was essentially an illegal, unregistered securities offering. According to Bloomberg, thi...
SEC sues Kik for running an unregistered Initial Coin Offering
The US Securities and Exchange Commission (SEC) is suing messaging service Kik Interactive, stating that its 2017 digital token sale, which raised $100 million, was essentially an illegal, unregistered securities offering. According to Bloomberg, thi...
For tech companies, going public is often fraught with pressure -- they're suddenly expected to deliver positive news every quarter, and they might push innovation to the wayside in the quest to become proftiable. They should soon have a better alte...
Ever since Elon Musk tweeted about taking Tesla private his use of the platform has been troublesome in the government's eyes, but today the CEO reached an amended agreement with the SEC. According to Reuters, if a judge approves the deal then charge...
Tesla chief Elon Musk told reporters outside the Manhattan Federal Courthouse that he was "very happy" over the outcome of the SEC's latest complaint against him. The commission sought to hold him in contempt for violating their previous settlement o...
The US Securities and Exchange Commission (SEC) announced that it is charging Volkswagen and its former CEO Martin Winterkorn for defrauding US investors during the company's "Dieselgate" scandal. The agency accused the company and its top executive...
Lyft has revealed its financial details for the first time as it prepares for an initial public offering. Like rival Uber, it first filed the paperwork confidentially in December, and now its S-1 is public through the Securities and Exchange Commissi...
Elon Musk might be in hot water with regulators mere months after he reached a settlement over a financially relevant Twitter post. The US Securities and Exchange Commission has asked a judge to hold Elon Musk in contempt for allegedly violating the...
The United States Securities and Exchange Commission announced today that it is bringing charges against a Ukranian hacker for breaking into the agency's corporate filing system to access nonpublic information. The SEC is also charging a number of in...
It's been quite the week of tantrums by the man-babies who run some of the largest companies in the tech industry. While Elon Musk cried and stamped his feet through what should have been a softball 60 Minutes interview, Twitter head Jack Dorsey spen...
Elon Musk says nobody censors his Twitter in the wake of his settlement with the SEC. As part of that deal over the securities fraud charge for his tweets about taking Tesla private, the entrepreneur agreed to step down as chairman and establish "add...