Elon Musk revises Twitter financing plan to include more equity
News alleviates investor doubts over billionaire's resolve, sending Twitter stocks up 5.5% in after-hours trading.
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News alleviates investor doubts over billionaire's resolve, sending Twitter stocks up 5.5% in after-hours trading.
Tesla founder says his $44 billion purchase of the social media giant is being held up by questions over spam and fake accounts.
Musk said Twitter's permanent suspension of Trump in the days following the January 6 attack "was morally wrong and flat out stupid."
The world's richest man tweeted that he doesn't intend to sell any more Tesla shares.
The campaign has raised questions over the legitimacy of his run for Senate, or if it's primarily a grounds for O'Dowd to attack his competitor in Tesla. CBS Political Reporter Tom Wait spoke with the Santa Barbara tech millionaire, who clarified why he's entered the race, despite declining to campaign against any other competitors, or touch on any other issues.
Social media company is a "digital town square where matters vital to the future of humanity are debated," billionaire says.
Social media company's board is set to accept Musk's bid to buy the company for $43 billion, according to media reports.
The social media company said the plan doesn't prohibit an acquisition if it is in the "best interests of Twitter and its shareholders."
Billionaire founder of Tesla launches hostile bid for the social media company, saying it "needs to be transformed."
Despite becoming a 9.2% shareholder in Twitter, Elon Musk has reportedly opted not to join their board after discussing the matter with CEO Parag Agarawal.
Twitter's CEO Parag Agarawal announced the decision Sunday evening.
Tesla CEO, who has raised questions about the social media platform's policies, is purchasing 9.2% of Twitter's shares.
Despite the ongoing supply chain crisis, electric vehicle manufacturer Tesla reported a 68% increase in production in the same time in 2021, delivering over 300,000 vehicles in the first quarter of 2022.
To meet rising demand, SpaceX plans three rideshare missions per year to give small satellites access to space.
Elon Musk has been named Time Magazine's "Person of the Year."
Tesla joined the likes of Facebook, Amazon and Google on Monday, becoming the sixth American business to join the Trillion Dollar Club.
Musk made it clear last year that he was frustrated with pandemic-related closures and protocols that forced Tesla to pause production in Fremont, California.
Tesla is under fire after some customers reportedly had payments withdrawn twice.
California-based electric car company Tesla on Monday announced that it bought $1.5 billion in bitcoin.
After a string of last-minute delays and scrubbed missions, Hawthorne-based SpaceX successfully launched 60 internet satellites into orbit from Florida's Cape Canaveral on Tuesday.
She's gracing the covers of magazines, walking glamorous runways around the world, and landing national modeling contracts -- and at age 71, this inspiring supermodel is only getting started.
Hawthorne-based SpaceX set a record Tuesday for the reuse of its workhorse Falcon 9 rockets when it launched another batch of internet satellites into orbit.
Two astronauts who were part of a historic launch to the International Space Station are expected to return to Earth on Sunday, weather permitting.
The 48-year-old Tesla CEO and SpaceX founder is reportedly listing two of his properties in Bel Air on the market for a combined $39.5 million.
A Los Angeles jury found Friday afternoon that Tesla CEO Elon Musk did not defame a British cave explorer in a tweet.
Another person was transported to a local hospital for unknown injuries after officers used less-than-lethal force to control a crowd.
The two-decade investigation began on March 21, 2004, when 18-year-old Hemet man Reynaldo Burts was found dead in the hills near Idyllwild.
Two Highland residents were arrested in connection with a homicide in Moreno Valley in early November, according to Riverside County deputies.
Los Angeles Clippers star James Harden moved into 10th place on the NBA's career scoring list Saturday, passing Carmelo Anthony in a game against Minnesota.
Brandt Clarke scored twice to help Los Angeles break out of an offensive funk, Darcy Kuemper made 23 saves and the Kings beat the Chicago Blackhawks 6-0 on Saturday night to split a two-game set.
Another person was transported to a local hospital for unknown injuries after officers used less-than-lethal force to control a crowd.
The two-decade investigation began on March 21, 2004, when 18-year-old Hemet man Reynaldo Burts was found dead in the hills near Idyllwild.
Two Highland residents were arrested in connection with a homicide in Moreno Valley in early November, according to Riverside County deputies.
The crash happened at around 5:20 p.m. on Friday near Magnolia Avenue and Polk Street, according to a news release from the Riverside Police Department.
A trading card shop in Burbank reports that it was hit for more than $100,000 in stolen Pokémon and sports cards during an overnight burglary earlier this week.
A trading card shop in Burbank reports that it was hit for more than $100,000 in stolen Pokémon and sports cards during an overnight burglary earlier this week.
A group of 14 women, some of whom were inmates or former foster kids, became the first all-female class to graduate from an LA County firefighter training program.
Widely considered the greatest architect of his time, Frank Gehry helped shape Los Angeles' skyline.
A Riverside County man was sentenced to 15 years to life in prison for selling a lethal dose of fentanyl.
Private First-Class Tanner F. Rubio was inside a tactical vehicle when a mishap occurred during routine training.
Mark Ahrens and his son were singing Christmas carols when a speeding Tesla slammed into their minivan.
Officials said that the marine died from injuries sustained in a tactical vehicle mishap on Wednesday afternoon.
One person was declared dead at the scene of the crash, which happened just before 3 p.m. near Heil Avenue and Goldenwest Street, police said.
Marine veteran Tom Steen, who lost both legs to an illness, thanked his neighbors for helping his family get rid of the rats infesting his Irvine home.
A pair of earthquakes shook parts of Riverside County, near Idyllwild, on Thanksgiving Day.
The two-decade investigation began on March 21, 2004, when 18-year-old Hemet man Reynaldo Burts was found dead in the hills near Idyllwild.
Two Highland residents were arrested in connection with a homicide in Moreno Valley in early November, according to Riverside County deputies.
The crash happened at around 5:20 p.m. on Friday near Magnolia Avenue and Polk Street, according to a news release from the Riverside Police Department.
Police said that the driver dragged the stroller down the block, severely injuring a 3-month-old baby and a 3-year-old toddler.
A stolen vehicle pursuit ended after the suspect crashed into another car in Victorville.
Eric Dailey Jr. led all five UCLA starters in double figures with 18 points on 6-of-9 shooting and UCLA handed Oregon a 74-63 defeat.
President Trump presented medals to the 2025 Kennedy Center honorees during an Oval Office ceremony.
Lionel Messi and Inter Miami CF are Major League Soccer champions, defeating Vancouver Whitecaps FC 3-1 and earning their first MLS Cup title on Saturday.
FIFA released the World Cup schedule on Saturday that will feature 104 matches spread across 11 cities in the United States, with three in Mexico and two in Canada.
Michael Annett won the Xfinity Series' season-opening race at Daytona International Speedway in 2019.
"We're reviewing the process, and we'll see," Defense Secretary Pete Hegseth said. "Whatever we were to decide to release, we'd have to be very responsible about reviewing that right now."
President Trump presented medals to the 2025 Kennedy Center honorees during an Oval Office ceremony.
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
California unveiled a new online portal on Wednesday for residents to report alleged misconduct by federal agents during operations to enforce immigration laws.
Democrats on the House Committee on Oversight and Government Reform released "never-before-seen" images of Jeffrey Epstein's private island.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
Meal kit delivery firm HelloFresh will pay $7.5 million to settle a lawsuit accusing it of misleading customers and making it difficult for them to cancel their subscriptions.
With the help of her daughter and her 5th-grade class, CBS News California (KCAL) Investigative reporter Julie Watts investigates "Sephora Kids" concerns.
A Southern California man has pleaded guilty for his role in a scheme that stole more than $2 million from San Francisco-based food delivery company DoorDash, federal prosecutors said.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
In an interview with CBS News, FDA Commissioner Dr. Marty Makary explains what went into the decision to drop the most serious warnings on hormone therapy for menopause.
At least 11 people have contracted Salmonella linked to powder supplements sold at Sam's Club stores nationwide, health authorities said.
Supervisors will vote on the ordinance again in two weeks, after a review period. If approved, it would bar the sale of kratom derivatives to people under 21 in Riverside County.
Tens of thousands of Kaiser Permanente nurses and health care workers across California are hitting the picket line Tuesday, as a five-day strike begins.
California is set to join a growing list of states banning the practice of cat declawing, under a new law taking effect in January.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
Waymo has begun offering autonomous robotaxi service using freeways for the first time in select cities in California and Arizona, the company announced.
Tens of thousands of Kaiser Permanente nurses and health care workers across California are hitting the picket line Tuesday, as a five-day strike begins.
A charity that accepted donations of vehicles that would pay for breast cancer screenings for low-income patients agreed Thursday to pay a $3.8 million fine and to restrictions on future fundraising activities in 19 U.S. states, including Colorado.
Los Angeles Clippers star James Harden moved into 10th place on the NBA's career scoring list Saturday, passing Carmelo Anthony in a game against Minnesota.
Brandt Clarke scored twice to help Los Angeles break out of an offensive funk, Darcy Kuemper made 23 saves and the Kings beat the Chicago Blackhawks 6-0 on Saturday night to split a two-game set.
Naz Reid made a go-ahead 3-pointer with 13 seconds remaining, Jaden McDaniels scored 27 points and the Minnesota Timberwolves beat the Los Angeles Clippers 109-106 on Saturday night.
Washington rallied from an 18-point, first-half deficit to beat No. 24 Southern California 84-76.
Eric Dailey Jr. led all five UCLA starters in double figures with 18 points on 6-of-9 shooting and UCLA handed Oregon a 74-63 defeat.
President Trump presented medals to the 2025 Kennedy Center honorees during an Oval Office ceremony.
Japanese officials said Jeremy O Harris, known for his Tony-nominated "Slave Play" and his role in the series "Emily in Paris," was arrested on the island of Okinawa on Nov. 16.
Frank Gehry was known for designing the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
Steve Cropper co-wrote several classics, including "(Sittin' on) the Dock of the Bay," "Green Onions" and "In the Midnight Hour."
The winter warmup continues in Southern California. Alex Biston reports.
It's unclear what caused the fire.
Lauren Pozen reports from Altadena, where, despite a devastating year for the community in the wake of the Eaton Fire, residents showed their resiliency and drive to rebuild with the annual Christmas Tree Lane lighting ceremony.
California Highway Patrol officers in Santa Clarita hosted a "Stuff A Bus" event as the CHiPs for KIDs toy drive continued over the weekend.
Marina Jurica takes a look at the levels of uncertainty that Californians can expect this winter.
Widely considered the greatest architect of his time, Frank Gehry helped shape Los Angeles' skyline.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.
Several people have been injured and multiple homes burned after the Mountain Fire broke out Wednesday morning in Ventura County, burning over 10,000 acres within hours.
