SEC sues Elon Musk, accusing him of withholding info from Twitter investors
The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely manner in 2022.
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The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely manner in 2022.
This comes just two years after Bitcoin's price dropped below $17,000 following the collapse of crypto exchange FTX.
OpenAI whistleblowers have filed a complaint with the Securities and Exchange Commission and asked the agency to investigate whether the company illegally restricted workers from speaking out about the risks of its artificial intelligence technology.
Audit firm BF Borgers allegedly failed to comply with accounting standards and fabricated audit documentation, regulators claim.
A judge has ordered Elon Musk to testify as part of the Securities and Exchange Commission's investigation into his $44 billion purchase of Twitter, now called X, in 2022.
Federal prosecutors have expanded investigations into Tesla beyond the electric vehicle maker's partially automated driving systems, and they have issued subpoenas for information instead of simply requesting it.
Elon musk has wrapped up three days on the witness stand at the securities fraud trial unfolding in San Francisco. The trial is over a tweet the Tesla CEO sent claiming he had funds "secured" to take the automaker private. Wilson Walker reports. (1/24/23)
Cryptocurrencies are extremely volatile and the U.S Securities and Exchange Commission said Friday that the Santa Clara company did not disclose to investors in 2018 the potential future risks of such sales.
Tesla CEO Elon Musk is asking a federal judge to nullify a subpoena from securities regulators and throw out a 2018 court agreement in which Musk had to have someone pre-approve his posts on Twitter.
Tesla is under regulatory investigation after a whistleblower alleged the company failed to properly disclose fire risks associated with solar panel defects.
A former vice president at Silicon Valley Bank agreed to plead guilty Wednesday to two counts of securities fraud the same day charges were filed by both the U.S. Attorney's Office and the Securities and Exchange Commission.
San Mateo gaming company the Roblox Corporation got hit with a federal class action lawsuit Tuesday for allegedly cheating users through a "clever content deleting scheme."
A former Silicon Valley information technology manager pleaded guilty in federal court in San Jose Wednesday to a charge of conspiring to commit securities fraud through insider trading of the company's stock.
A federal judge has ordered Tesla CEO Elon Musk and U.S. securities regulators to meet for at least an hour to try and settle a dispute over Musk's tweets.
A federal judge will hear oral arguments Thursday about whether Tesla CEO Elon Musk should be held in contempt of court.
Securities regulators countered Tesla CEO Elon Musk's contempt-of-court defense Monday night, writing in court papers that he brazenly disregarded a federal judge's order.
The clock is ticking down on Elon Musk's deadline to explain why he shouldn't be held in contempt of court.
Elon Musk, CEO of Bay Area based Tesla, has until March 11 to explain to a federal judge in New York why he shouldn't be held in contempt of court.
Bay Area-based Tesla CEO Elon Musk told "60 Minutes" he doesn't respect the Securities and Exchange Commission, but says he's only abiding by the terms of a settlement he made with the SEC because "I respect the justice system."
San Francisco-based Lyft is another step closer to becoming a publicly traded company.
Securities investigators have subpoenaed information from Tesla about production forecasts for the Model 3 electric car that were made last year.
Elon Musk will buy another $20 million of Tesla stock with his own money, covering the cost of the fine the company has to pay for his tweets.
Elon Musk taunted the Securities and Exchange Commission on Twitter Thursday shortly after he reached a deal with the agency to settle a lawsuit over his prior tweets.
Tesla CEO Elon Musk and the federal regulator that settled his fraud case just got some homework.
Investors are cheering Tesla's deal with the SEC that keeps Elon Musk as CEO.
A Hayward police officer is suspected of unlawfully and knowingly accepting a $1,000 bribe and "free access to sex workers," the Alameda County District Attorney's Office said.
Maintaining acres of flowers and gardens at the historic Fioli House and Garden in Woodside, in the middle of a heat wave, is a job easier said than done.
A person being sought in connection with a possible restraining order violation was arrested after crashing in a San Jose neighborhood, police said. The person was in a stolen vehicle at the time, according to police.
Authorities at Bay Area sites named after Cesar Chavez in the Bay Area were processing the news that allegations of rape and sexual abuse have emerged against the civil rights and labor leader.
High temperatures in the San Francisco Bay Area are expected to reach the 80s and 90s in many locations Wednesday, as a rare heat wave in March has already broken records.
A Hayward police officer is suspected of unlawfully and knowingly accepting a $1,000 bribe and "free access to sex workers," the Alameda County District Attorney's Office said.
Maintaining acres of flowers and gardens at the historic Fioli House and Garden in Woodside, in the middle of a heat wave, is a job easier said than done.
A person being sought in connection with a possible restraining order violation was arrested after crashing in a San Jose neighborhood, police said. The person was in a stolen vehicle at the time, according to police.
Authorities at Bay Area sites named after Cesar Chavez in the Bay Area were processing the news that allegations of rape and sexual abuse have emerged against the civil rights and labor leader.
High temperatures in the San Francisco Bay Area are expected to reach the 80s and 90s in many locations Wednesday, as a rare heat wave in March has already broken records.
Maintaining acres of flowers and gardens at the historic Fioli House and Garden in Woodside, in the middle of a heat wave, is a job easier said than done.
High temperatures in the San Francisco Bay Area are expected to reach the 80s and 90s in many locations Wednesday, as a rare heat wave in March has already broken records.
Hard work done in the dark is about to bring the famed Bay Lights back to the Bay Bridge.
A recent report from the American Library Association found that every dollar spent on prison education programs yields about five dollars in savings on future incarceration costs over three years.
San Francisco police said officers arrested a suspect after witnessing an attack that left a woman seriously injured on Monday morning near 7th and Market streets.
A Hayward police officer is suspected of unlawfully and knowingly accepting a $1,000 bribe and "free access to sex workers," the Alameda County District Attorney's Office said.
A college student who survived a fiery crash involving a Tesla Cybertruck in the San Francisco Bay Area has sued the automaker, alleging the vehicle's design trapped the occupants inside.
The first few months on the job for new California football coach Tosh Lupoi have been a bit of a whirlwind as he has worked on putting together a staff, retaining and adding players to the roster and building a culture he hopes will turn the Golden Bears into a winner.
A driver heading westbound on Highway 580 in Livermore died in a solo-vehicle crash on Tuesday, the CHP said.
Alameda police said officers arrested a person suspected of causing a hazmat incident at an apartment complex and injuring at least two people on Monday.
A Hayward police officer is suspected of unlawfully and knowingly accepting a $1,000 bribe and "free access to sex workers," the Alameda County District Attorney's Office said.
A person being sought in connection with a possible restraining order violation was arrested after crashing in a San Jose neighborhood, police said. The person was in a stolen vehicle at the time, according to police.
A minor earthquake struck southern Santa Clara County early Tuesday morning, officials said.
The Santa Clara County District Attorney's Office said the three suspects turned themselves in after police obtained arrest warrants for them, and that they face felony and misdemeanor assault charges.
A man who was visiting San Jose from the Seattle, Washington area for the Super Bowl has been arrested in connection with a shooting that injured several people following the game, police announced Monday.
The county says once funding is completed, construction could begin as soon as this fall, with completion sometime in 2028.
Marcus Ziemer, part of a Bay Area soccer coaching dynasty and longtime Sonoma State University men's soccer team head coach, died in Germany after a weekend accident.
In downtown Santa Rosa, shady spots with a place to sit and rest were commodities. But it was a quiet day for many businesses.
The driver of a vehicle that entered the water near the Sausalito Yacht Harbor was pronounced dead after being taken to the hospital.
A homeless woman in Marin County has been arrested on suspicion of murder after a deadly stabbing at an encampment over the weekend, police said.
The first few months on the job for new California football coach Tosh Lupoi have been a bit of a whirlwind as he has worked on putting together a staff, retaining and adding players to the roster and building a culture he hopes will turn the Golden Bears into a winner.
The WNBA and its players' union reached a verbal agreement on a transformational new collective bargaining agreement early Wednesday morning, both sides said.
With the game tied going into the 9th, Eugenio Suárez smacked a double into left-center field to score pinch runner Javier Sonoja for what would prove to be the winning run.
Marcus Ziemer, part of a Bay Area soccer coaching dynasty and longtime Sonoma State University men's soccer team head coach, died in Germany after a weekend accident.
The U.S. men's national soccer team is expected to debut the new uniforms later this month in Atlanta, ahead of the 2026 FIFA World Cup starting in June.
A Hayward police officer is suspected of unlawfully and knowingly accepting a $1,000 bribe and "free access to sex workers," the Alameda County District Attorney's Office said.
A person being sought in connection with a possible restraining order violation was arrested after crashing in a San Jose neighborhood, police said. The person was in a stolen vehicle at the time, according to police.
A Chilean national on Monday pleaded guilty to a string of bank and ATM robberies for his role in a robbery crew using sophisticated tactics to steal more than $5 million in California, Oregon and Washington, prosecutors announced on Tuesday.
Nearly 50 years after a woman's body was found in the Sierra Nevada mountain range, authorities in Northern California confirmed her identity.
Alameda police said officers arrested a person suspected of causing a hazmat incident at an apartment complex and injuring at least two people on Monday.
A college student who survived a fiery crash involving a Tesla Cybertruck in the San Francisco Bay Area has sued the automaker, alleging the vehicle's design trapped the occupants inside.
A Bay Area gender gap in the tech industry threatens the full participation of women in the future of artificial intelligence.
Across San Jose, nearly 474 automated license plate reader cameras scan passing vehicles every day, capturing plate numbers, vehicle descriptions, and location.
The Oakley City Council on Tuesday voted to approve a controversial industrial development near the shoreline following a public meeting where residents on both sides of the issue voiced their concerns.
Artificial intelligence can give some workers "brain fry" if overused, according to a new study published in Harvard Business Review.
The early-season heat wave gripping the Bay Area also means the allergy season is already kicking into high gear.
He advises people to lie down, extend their arms, and hold the phones above their heads, or people should hold their phone at eye level, rather than looking down.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
The city said there was no evidence of community-spread or of an outbreak, and that the health advisory was issued to give health care providers guidance.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
In December, Attorney General Pam Bondi ordered law enforcement officials to prioritize efforts to probe and prosecute groups and individuals belonging to the antifa movement or are deemed "extremist."
The subpoena issued by GOP Rep. James Comer of Kentucky requires Bondi to appear for a deposition on April 14.
President Trump's director of the National Counterterrorism Center, Joe Kent, announced his immediate resignation Tuesday, citing the administration's decision to intervene in Iran.
The U.S. Small Business Administration said owners applying for any SBA loan program must be U.S. citizens or U.S. nationals with their principal residence in the United States.
The Cuban government is planning to allow Cuban nationals who live abroad to invest in the island, a government official told NBC News, as the country faces economic collapse and pressure from the Trump administration.
A man has been arrested and accused of a hate crime after a San Francisco church was vandalized over the weekend, police said.
A Yosemite park ranger was fired last year after helping to display a transgender pride flag from El Capitan.
After more than two years of renovations, the historic Castro Theatre is back open for business.
A large Pride flag has been removed from the Stonewall National Monument in Greenwich Village. The National Park Service said it did so under guidance from the federal government.
The billionaire and philanthropist MacKenzie Scott donated $45 million to The Trevor Project, a nonprofit focused on suicide prevention and advocacy for LGBTQ young people.
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
Festival founder Halfdan Hussey is celebrating more than three decades of Cinequest with a new home for the festival in Mountain View.
Hollywood's biggest stars were honored at the 98th annual Academy Awards on Sunday. Here is what to know and how to watch the 2026 Oscars.
A Bay Area filmmaker with a personal life-and-death story to tell is among the artists featured at the 35th annual Cinequest Film & Creativity Festival.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
Kelsi Thorud reports on the new India Basin Waterfront Park.
Kevin Ko reports on what San Francisco Giants fans can expect this season.
Len Ramirez reports on city leaders taking another look at the legacy of Cesar Chavez amid allegations of sexual abuse.
To cut down on homelessness in the South Bay, a woman has created what she calls an "emergency room" for people facing eviction. Sharon Chin reports.
Meteorologist Zoe Mintz says record-breaking high temperatures are sticking around through Friday.
In 2025, KPIX is moving to a new community service award: the CBS News Bay Area Icon Award. Submit nominations for an outstanding community hero at kpix.com/icon.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.