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.
On Feb. 26, a Texas region recorded the all-time hottest winter temperature in the U.S. Meanwhile, in the Bay Area, San Jose is seeing an average of 13 additional unusually warm days each winter.
The gathering, held on a pedestrian bridge above a freeway in Berkeley, brings together community members waving signs and dancing as passing drivers honk in support.
U.S. Central Command said Sunday that three American service members were killed and five others were seriously wounded as part of the military operation in Iran.
One person died in a multiple vehicle crash on Highway 4 near the Old River Bridge in the Discovery Bay area, officials said on Saturday.
Luka Doncic had 26 points, eight assists and six rebounds, LeBron James added 22 points, nine assists and seven rebounds, and the Los Angeles Lakers ran away from the short-handed Golden State Warriors for a 129-101 win.
On Feb. 26, a Texas region recorded the all-time hottest winter temperature in the U.S. Meanwhile, in the Bay Area, San Jose is seeing an average of 13 additional unusually warm days each winter.
The gathering, held on a pedestrian bridge above a freeway in Berkeley, brings together community members waving signs and dancing as passing drivers honk in support.
U.S. Central Command said Sunday that three American service members were killed and five others were seriously wounded as part of the military operation in Iran.
One person died in a multiple vehicle crash on Highway 4 near the Old River Bridge in the Discovery Bay area, officials said on Saturday.
Luka Doncic had 26 points, eight assists and six rebounds, LeBron James added 22 points, nine assists and seven rebounds, and the Los Angeles Lakers ran away from the short-handed Golden State Warriors for a 129-101 win.
For San Francisco and Oakland, it was a record warm start to the last day of the month.
Clerks with the San Francisco Superior Court have announced a tentative agreement to end a two-day strike, the union announced Friday.
Seven suspects have been charged in connection with an assault near San Francisco's Pier 39 last week, prosecutors said on Friday.
A Santa Clara County resident with measles may have exposed others while dining at a restaurant in Burlingame earlier this week, health officials said.
A shooting in San Francisco on Friday morning left at least one person dead and another person injured, police said.
The gathering, held on a pedestrian bridge above a freeway in Berkeley, brings together community members waving signs and dancing as passing drivers honk in support.
A teacher strike in Oakland has been averted after the teachers' union and the school district reached a tentative agreement on Friday morning, preventing disruptions for students and families.
A pilot program is providing Bay Area high school students with lessons on the importance of where their local water comes from, the systems that bring it to their homes, and the threats to the supply.
According to the Sports & Fitness Industry Association, pickleball has been America's fastest-growing sport for four straight years.
A man has died after being shot by police during a confrontation in a Walnut Creek neighborhood early Thursday morning.
More than four decades after a Salinas nightclub owner was found dead, authorities said they have solved the case and located a suspect.
A state appeals court has overturned the conviction of the man convicted of kidnapping and murdering Sierra LaMar in 2012, paving the way for a new trial.
A Santa Clara County resident with measles may have exposed others while dining at a restaurant in Burlingame earlier this week, health officials said.
From the Winter Olympics spotlight to his base with the San Jose Sharks, Macklin Celebrini has made a global splash and now he's bringing that momentum back to the Bay Area.
To protect and serve took on a whole new meaning for two officers in the San Francisco Bay Area last weekend.
Officers arrested a suspect with an outstanding out-of-state murder warrant in Vallejo, police said Friday.
A suspect is accused of animal cruelty after hundreds of birds and evidence consistent with bird fighting were located at a home just outside of Santa Rosa city limits on Wednesday, authorities said.
Authorities in the San Francisco Bay Area have arrested three people from the East Coast on suspicion of identity theft in an alleged bank fraud case, including a woman who was reported missing several months ago.
Police in Vallejo said they arrested a driver on multiple felony charges following a pursuit over the weekend that covered nearly 16 miles.
The warning was in effect for Neeley Road and Orchard Avenue, between River Lane and Montesano Avenue, due to landslide and tree fall risk.
Luka Doncic had 26 points, eight assists and six rebounds, LeBron James added 22 points, nine assists and seven rebounds, and the Los Angeles Lakers ran away from the short-handed Golden State Warriors for a 129-101 win.
Shakir Mukhamadullin broke a tie midway through the third period and the San Jose Sharks snapped a five-game winless streak by beating the Edmonton Oilers 5-4.
The city of Oakland announced that a community-wide celebration is being planned for two-time Olympic gold medalist Alysa Liu. A date has not yet been set, with the city saying they are still working with Liu's team.
Bo Davidson has torn through the minors in his first two full seasons in the Giants system.
Early on at spring training, Giants veterans Willy Adames and Matt Chapman pulled some of the young position players in camp aside with a simple message: just be yourself.
More than four decades after a Salinas nightclub owner was found dead, authorities said they have solved the case and located a suspect.
A state appeals court has overturned the conviction of the man convicted of kidnapping and murdering Sierra LaMar in 2012, paving the way for a new trial.
A Central California man has been convicted of attempted murder for setting an elderly homeless woman on fire during an incident last year, prosecutors said.
Clerks with the San Francisco Superior Court have announced a tentative agreement to end a two-day strike, the union announced Friday.
Seven suspects have been charged in connection with an assault near San Francisco's Pier 39 last week, prosecutors said on Friday.
After the Trump administration cut it off, Anthropic CEO Dario Amodei told CBS News in an exclusive interview Friday night he wants to work with the military — but only if it addresses the firm's concerns.
President Trump said he will give federal agencies six months to phase out their use of Anthropic's AI products.
The 20-year-old plaintiff alleges that using YouTube and Instagram from a young age intensified her depression and led to suicidal thoughts.
Defense Secretary Pete Hegseth gave Anthropic until Friday at 5 p.m. to grant the military unresticted use of its AI technology.
Starting next week, parents will get an alert if their teen repeatedly searches for certain terms related to self-harm or suicide in a short time span.
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
A Santa Clara County resident with measles may have exposed others while dining at a restaurant in Burlingame earlier this week, health officials said.
Multiple elephant seal pups along the Northern California coast have tested positive for the deadly avian influenza, or bird flu, according to new research from the University of California.
About 1,300 nurses and support staff at MarinHealth Medical Center plan to stage a one-day strike on Wednesday, citing stalled contract negotiations over wages and healthcare benefits.
Health officials in the East Bay said a man has died from consuming toxic wild mushrooms, amid an ongoing spike in mushroom-related poisonings throughout California.
The gathering, held on a pedestrian bridge above a freeway in Berkeley, brings together community members waving signs and dancing as passing drivers honk in support.
U.S. Central Command said Sunday that three American service members were killed and five others were seriously wounded as part of the military operation in Iran.
Clerks with the San Francisco Superior Court have announced a tentative agreement to end a two-day strike, the union announced Friday.
Trump ally Sen. Lindsey Graham said the operation would be "violent, extensive and I believe, at the end of the day, successful."
After the Trump administration cut it off, Anthropic CEO Dario Amodei told CBS News in an exclusive interview Friday night he wants to work with the military — but only if it addresses the firm's concerns.
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.
Oasis nightclub announced plans to close six months ago. New Year's Eve was slated for the final performance. A last-minute, multi-million dollar donation turned the final curtain call into an encore performance.
Singer-songwriter Neil Sedaka, known for his hits like "Laughter in the Rain," "Breaking Up is Hard to Do" and "Calendar Girl," has died.
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
The Rock & Roll Hall of Fame has announced its 2026 list of nominees, including Phil Collins, Mariah Carey, Wu-Tang Clan and more.
The city of Oakland announced that a community-wide celebration is being planned for two-time Olympic gold medalist Alysa Liu. A date has not yet been set, with the city saying they are still working with Liu's team.
It would have been the festival's third year and was planned for May 30 and 31 at Napa Valley Expo.
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.
The Falcon Dam weather station along the Rio Grande in southeastern Texas recorded a preliminary temperature of 106° on Feb. 26, making it the hottest temperature ever felt in the U.S. during the winter months.
Loureen Ayyoub reports on a group of people hosting a weekly party as a form of protest. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
with Zoe Mintz.
Here's a look at the weather forecast Saturday evening.
San Jose Mayor Matt Mahan has officially entered the 2026 California gubernatorial race.
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.