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.
The damages were awarded to Carroll, a writer, by a 2023 jury in a civil sexual abuse and defamation case.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
Oil prices jumped 6% while U.S. stocks fell as renewed Middle East conflict threatens crude shipments through the Strait of Hormuz.
Trump said he's not sure he wants to make a deal with the Iranians, but also said he doesn't think the war will "start again."
The Newsom administration waited 24 days to decide if it would even let Californians see the multi-million-dollar contract with Baby2Baby, a nonprofit linked to First Partner Jennifer Siebel Newsom.
The damages were awarded to Carroll, a writer, by a 2023 jury in a civil sexual abuse and defamation case.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
Oil prices jumped 6% while U.S. stocks fell as renewed Middle East conflict threatens crude shipments through the Strait of Hormuz.
The secret word you say quietly after pressing a nondescript buzzer in San Francisco's Tenderloin District doesn't just open a door. It opens a portal into another time.
A few months ago, a member of the San Francisco Giants ball crew took an embarrassing tumble on live TV. Now, a brief moment of embarrassment and online infamy has now turned into an amazing opportunity.
The secret word you say quietly after pressing a nondescript buzzer in San Francisco's Tenderloin District doesn't just open a door. It opens a portal into another time.
Attempted murder charges were dismissed against a doctor who drove himself and his family off a cliff along the California coast, prosecutors said.
Two teens in the San Francisco Bay Area were detained after authorities said they were allegedly shooting projectiles from a Waymo robotaxi.
Delta Flight 2725 left from SFO Monday afternoon but had to be diverted from its LA-bound destination due to an issue with one of the plane's engines, the airline said.
Waymo is evaluating a couple of incidents on the Fourth of July in San Francisco in which its autonomous vehicles drove over fireworks, including one that caught fire.
A woman who was pistol-whipped and kidnapped in Oakland last week was found safe, the department announced.
Three people were wounded and an arrest was made following a shooting in East Oakland early Tuesday morning, police said.
On May 3, just before 1:40 a.m., a driver crashed into a crowd that was standing on an 18th Street sidewalk, near Telegraph Avenue. The DA's office said about eight people were struck and injured.
BART said service was temporarily stopped between Hayward and Union City due to a brush fire on Monday afternoon.
The robberies happened in and around the Grand Lake neighborhood between June 18 and June 29. According to police, people walking in the area would be approached by a group that then used force or fear to take their belongings.
A San Jose pastor and the former head of a South Bay community group was convicted of a domestic violence attack on a woman with whom he had a relationship, authorities said.
Excitement ran high on Monday morning in San Jose's San Pedro Square as the venue opened up again for World Cup watch parties ahead of the U.S. Round of 16 match with Belgium.
For the second time in less than a week, police in San Jose declared an unlawful assembly following World Cup celebrations in the city's downtown, after crowds became unruly.
A woman was shot dead in the Bonita Park neighborhood of San Jose over the Fourth of July weekend, according to a Monday press release by the San Jose Police Department.
Authorities on the Central Coast of California rescued several people after three became injured during a nighttime climb at a beach over the July 4 holiday weekend.
A man was arrested in Sonoma County on Monday for allegedly participating in a plot to scam an elderly woman out of money, authorities said Tuesday.
A pair of earthquakes shook a portion of Napa County on Tuesday afternoon.
A Sonoma man was arrested last week after he alledgedly tried to sell a 12-year-old a marijuana vape pen according to the Rohnert Park Department of Public Safety.
Fire crews in Solano County said forward progress has been stopped on a vegetation fire that broke out early Monday morning near Benicia.
Paul Pelosi, the husband of former House Speaker Nancy Pelosi, is suspected of crashing into a parked car and driving away from the scene Friday afternoon in Northern California.
A few months ago, a member of the San Francisco Giants ball crew took an embarrassing tumble on live TV. Now, a brief moment of embarrassment and online infamy has now turned into an amazing opportunity.
Heliot Ramos homered twice and drove in five runs to back Landen Roupp's first win in more than two months, and the San Francisco Giants beat the Toronto Blue Jays 10-1 on Monday night.
Belgium defeated the U.S. Men's National Team 4-1 on Monday night in the World Cup round of 16 knockout match in Seattle, ending the Americans' hopes of reaching the quarterfinals for the first time in 24 years.
For the second time in less than a week, police in San Jose declared an unlawful assembly following World Cup celebrations in the city's downtown, after crowds became unruly.
Golden State (15-7) set a franchise record for the fewest points allowed in a game. The Valkyries held the Mystics to 18-of-60 shooting (30%), including 3 of 24 from 3-point range.
A woman who was pistol-whipped and kidnapped in Oakland last week was found safe, the department announced.
A man was arrested in Sonoma County on Monday for allegedly participating in a plot to scam an elderly woman out of money, authorities said Tuesday.
Three people were wounded and an arrest was made following a shooting in East Oakland early Tuesday morning, police said.
A San Jose pastor and the former head of a South Bay community group was convicted of a domestic violence attack on a woman with whom he had a relationship, authorities said.
Attempted murder charges were dismissed against a doctor who drove himself and his family off a cliff along the California coast, prosecutors said.
Microsoft moves to slash costs as the video game industry faces what the tech giant calls the "most severe hardware crisis in its history."
Waymo is evaluating a couple of incidents on the Fourth of July in San Francisco in which its autonomous vehicles drove over fireworks, including one that caught fire.
A growing number of faith-based coworking spaces are emerging in Silicon Valley as some in the tech industry grapple with rapid advances in artificial intelligence.
After January 2028, new games will be available exclusively in digital format from the PlayStation Store and at retailers, Sony said.
The company says its plan is misunderstood. They say they are offering new "edge computing" communications equipment which is more resilient during emergencies, a landing site for future aerial medical vehicles, and, yes, more parking.
A norovirus outbreak aboard a Princess cruise ship sickened 125 passengers and crew members during a voyage in the North Pacific that ended on Thursday.
A Bay Area cancer patient is making more memories and living longer than his initial diagnosis thanks to a groundbreaking treatment for his particularly aggressive form of brain cancer.
Health officials in the San Francisco Bay Area issued a warning about a potential measles exposure after an infected resident traveled through San Francisco International Airport and local businesses.
Health officials in Berkeley said one person died and another person was hospitalized after contracting leptospirosis from rats that had infested their RV.
Grocery sales at two Target stores in San Jose were halted over the past week, after health inspectors found evidence of rodent infestations.
The damages were awarded to Carroll, a writer, by a 2023 jury in a civil sexual abuse and defamation case.
Amid simmering tensions between the U.S. and some NATO allies over Iran and Greenland, President Trump is tightening bonds with Turkey.
President Trump hasn't committed to a firm number of people who will receive clemency — he's scheduled to have a meeting on pardons Friday afternoon, sources said.
Tuesday's Board meeting began with an admission by the sheriff's office that 140 unauthorized searches of the Flock license plate camera data occurred in the past year.
Gov. Gavin Newsom has signed a law designating May 17 as Bruce Lee Day, honoring the legacy of the San Francisco-born actor and martial arts icon.
LGBTQ+ communities have significantly higher rates of unemployment than the general population. Kelsi Thorud reports on how the City of Oakland is empowering LGBTQ+ job seekers during Pride Month.
The fallout over the opposition by a handful of San Francisco Giants players against the team's Pride Night celebrations has prompted an investigation of Major League Baseball by the Trump administration.
Major League Baseball has warned players about writing on their uniforms after San Francisco starter Landen Roupp and two other pitchers added Bible verses to their Pride Night caps on Friday night.
Many LGBTQ+ Pride events across the country have had to scale back or even cancel due to political and financial reasons. San Francisco was on the brink. Kara St. Cyr reports.
In one of the most competitive real estate markets in America, a San Francisco real estate agent dons fabulous drag to help promote homes for sale. Itay Hod reports.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
Ticket reseller StubHub abruptly canceled customers' tickets to World Cup matches, costing them thousands of dollars, a lawsuit alleges.
Here is a rundown of confirmed 2026 July 4th fireworks shows, drone shows, and other events in the San Francisco Bay Area for the United States' 250th anniversary.
Gov. Gavin Newsom has signed a law designating May 17 as Bruce Lee Day, honoring the legacy of the San Francisco-born actor and martial arts icon.
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.
Kevin Ko reports on a restaurant policy that could lead to parents being asked to leave over their misbehaving children.
Itay Hod reports on a San Francisco bar with a strict phone-free policy.
Brad Hamilton reports on the beginning of renovations at the Chinatown public health center.
John Ramos reports on residents living at Pelican Harbor seeing their rents rise.
Construction on a new Amazon data center facility in Gilroy is already underway, but community members refuse to give up the fight against the project. Kevin Ko reports.
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.