Posts Tagged ‘securities and exchange commission’
Tesla is going to raise an additional $400 million in its latest sale of stock, with co-founder and chief executive Elon Musk committing to buy an additional $15 million in shares, according to a filing with the Securities and Exchange Commission. The electric vehicle, energy storage and solar panel manufacturer said it will sell 3.1 ...
Bitcoin went on a tear in early morning trading earlier today, popping up to above $4,900 and reminding some investors of the good old days of 2017. The currency is still trading up above 15% at $4,782.60, which is a healthy jump for the cryptocurrency (which had languishing at around $4,000 for the past three ...
Today, investors took off their rose-colored glasses (and pink-colored mustaches) and looked at Lyft’s shares with fresh eyes after Friday’s ebullient debut. And — judging by the company’s share price at the end of the day — what they saw wasn’t exactly to their liking. Lyft’s shares suffered a pretty blue Monday in trading on ...
Elon Musk’s legal team responded late Monday, just before a deadline, to the Securities and Exchange Commission’s request to hold him in contempt of court over a tweet he made about Tesla’s production rate. In the filing submitted to a federal court in Manhattan, Musk’s lawyers say the tweet, posted last month, did not violate ...
Hello and welcome back to Equity. Guess what we're talking about today! It's Lyft. You guessed correctly. ...
According to the filing, Lyft recorded $2.2 billion in 2018 revenue on a net loss of $911 million. ...
We like to think of ourselves as nerds here at TechCrunch, which is why we’re bring you this. During the government shutdown, security experts noticed several federal websites were throwing back browser errors because the TLS certificate, which lights up your browser with “HTTPS” or flashes a padlock, on many domains had expired. And because ...
The Securities and Exchange Commission appears to be keeping a close eye on financial services startups, with today’s news that the agency has settled cases with two robo-advisory companies over allegations that they misled investors. Wealthfront Advisers, one of the darlings of the fintech investment sector with $11 billion under management and roughly $200 million ...
Much has been said about the SoftBank Vision Fund, mostly in awe of the size of the investment vehicle. Today, however, the Vision Fund inched yet closer to that twelve-figure goal. ...
Here’s something I didn’t expect to read today. The U.S. Justice Department and Securities and Exchange Commission has subpoenaed Snap for details on its IPO apparently in connection with a lawsuit from disgruntled shareholders who claim the company played down its rivalry with Instagram. Reuters first reported on the subpoenas which Snap has confirmed. Precise details ...