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.
Stephen Curry was set to play about 25 minutes against Houston on Sunday night in his return from a two-plus-month absence because of a right knee injury.
Pinch-hitter Luis Torrens keyed New York's four-run eighth inning with a two-run double and the Mets made it three straight wins over the San Francisco Giants with a 5-2 victory.
UCLA finished the season 37-1 by defeating the three-time national champion South Carolina Gamecocks.
Pope Leo XIV celebrated his first Easter Mass as pontiff, urging hope against the violence of war.
Ryan O'Reilly broke a tie midway through the third period and the Nashville Predators beat the San Jose Sharks 6-3 in a key game in the playoff race.
Stephen Curry was set to play about 25 minutes against Houston on Sunday night in his return from a two-plus-month absence because of a right knee injury.
Pinch-hitter Luis Torrens keyed New York's four-run eighth inning with a two-run double and the Mets made it three straight wins over the San Francisco Giants with a 5-2 victory.
UCLA finished the season 37-1 by defeating the three-time national champion South Carolina Gamecocks.
Ryan O'Reilly broke a tie midway through the third period and the Nashville Predators beat the San Jose Sharks 6-3 in a key game in the playoff race.
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
Adrian Arias's work, entitled "Layers of the Mission: A Celebration of Memory and Resilience," is intended to bring attention to who he describes as real-life neighborhood heroes.
Father James Michael of St. Vincent de Paul Church in San Francisco said the Catholic Church's emphasis on nonviolence resonates in a time of global conflict.
A man who police dubbed the "Rideshare Rapist" for posing as a ride-hailing driver outside San Francisco nightclubs and preying on women who mistook him for their driver was convicted of multiple rapes, the district attorney announced Friday.
San Francisco's Glide Foundation has inaugurated "The Shop," a new program that pairs free haircuts with access to health services and community support inspired by the historic role of barbershops in Black communities.
A magnitude 4.6 earthquake struck in Santa Cruz County early Thursday morning and was felt by residents throughout the Bay Area.
Oakland Fire said nearly 30 firefighters responded to the scene and were able to get a handle on the fire by 1:20 a.m. No one was injured, and the extent of the damage was not yet known.
Oakland Blooms is the theme for this First Fridays event in Oakland. While there was a good crowd on Telegraph Avenue, some vendors, like Kai Smalls, said they noticed a difference after the fatal shooting in March.
Walk into The Sewing Room in the heart of Alameda on any given evening, and you would find a place bursting at the seams.
A home-based food movement has been heating up in California, with home cooks turning their beloved family recipes into small businesses.
A dead bat found at a Fremont home earlier this week has tested positive for the deadly rabies virus, according to authorities.
A deadly early morning fire at a San Jose apartment was sparked by a rechargeable e-bike battery, the San Jose Fire Department said.
The Computer History Museum is more than a walk through the past; it is a reflection of how rapidly technology continues to shape everyday life.
A magnitude 4.6 earthquake struck in Santa Cruz County early Thursday morning and was felt by residents throughout the Bay Area.
A teenager has died, and another teen has been arrested on a homicide charge following a fight near Milpitas High School on Tuesday afternoon.
Police executing a search warrant in a Salinas home found a cooler filled with methamphetamine near a child's bed, among other drug and gun evidence, police said Wednesday.
On April 14, the Tamalpais Union High School District will be discussing and potentially voting on a plan that would restrict cellphone usage on campus.
A 12-year-old Santa Rosa girl missing since late Thursday evening was found safe, police said Friday afternoon.
A Sonoma County man has been arrested on multiple weapons charges and a hate crime charge, after he allegedly pointed a gun and made racist remarks from the roof of his home.
An American Canyon man was charged on Wednesday with manslaughter and driving under the influence following a weekend crash in Napa County that left three people dead and four others severely injured, prosecutors said.
A suspect was positively linked to the cold case murder of Marjorie Rudolph, a San Rafael woman killed inside her home in 1966, police announced Tuesday.
Stephen Curry was set to play about 25 minutes against Houston on Sunday night in his return from a two-plus-month absence because of a right knee injury.
Pinch-hitter Luis Torrens keyed New York's four-run eighth inning with a two-run double and the Mets made it three straight wins over the San Francisco Giants with a 5-2 victory.
UCLA finished the season 37-1 by defeating the three-time national champion South Carolina Gamecocks.
Ryan O'Reilly broke a tie midway through the third period and the Nashville Predators beat the San Jose Sharks 6-3 in a key game in the playoff race.
Clay Holmes and Tobias Myers combined on a three-hitter and the New York Mets beat the San Francisco Giants 9-0 on Saturday night.
A second teenage suspect in the killing of a 17-year-old boy in the San Francisco Bay Area was arrested in San Bernardino County, police said on Friday.
A man who police dubbed the "Rideshare Rapist" for posing as a ride-hailing driver outside San Francisco nightclubs and preying on women who mistook him for their driver was convicted of multiple rapes, the district attorney announced Friday.
An Oakland man has been arrested nearly three months after an attempted armed robbery in Suisun City, police said on Thursday.
Five months after being mistakenly released from the Contra Costa County Jail, a homicide suspect has been arrested, authorities said.
Police in Oakland on Wednesday released data that showed declines in crime during the first three months of 2026.
The Computer History Museum is more than a walk through the past; it is a reflection of how rapidly technology continues to shape everyday life.
NASA said they had more than 2,600 submissions from around the world for the zero-gravity indicator mascot. Officials added that the Artemis II crew was inspired by 8-year-old Lucas Ye's creativity.
Officials in Foster City said Friday that they are making progress in restoring services, more than a week after a cybersecurity breach brought the city's network down and led to a state of emergency.
Experts say the rulings could expose tech companies to more litigation and pressure them to make changes to their apps.
The verdict, which caps a weeks-long trial in Los Angeles, could set a legal precedent for similar allegations brought against social media companies.
A dead bat found at a Fremont home earlier this week has tested positive for the deadly rabies virus, according to authorities.
An East Bay woman is using the sport of pickleball to help find a cure for Parkinson's disease.
An unlicensed cosmetologist from Florida has been found guilty in a California court for providing an injection that killed a model who was known as a Kim Kardashian lookalike, prosecutors said.
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.
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
The changes were likely to affect Associate Attorney General Stanley Woodward, the No. 3 official at the Justice Department and Harmeet Dhillon, the Assistant Attorney General for the Civil Rights Division.
President Trump ordered the Department of Homeland Security to find a way to pay "each and every employee" of the agency.
Officials from 23 states and the District of Columbia filed a lawsuit seeking to block President Trump's executive order that aims to restrict mail voting.
The search for the second crew member, a weapons system officer, is continuing, two U.S. officials said.
Transgender women athletes are now excluded from women's events at the Olympics after the IOC agreed to a new eligibility policy on Thursday.
The Trump administration has given San Jose State University 10 days to change its policy on transgender athletes or face legal action and possibly lose federal funding.
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.
Adrian Arias's work, entitled "Layers of the Mission: A Celebration of Memory and Resilience," is intended to bring attention to who he describes as real-life neighborhood heroes.
City leadership recently passed legislation that they say will help established event activators plan and execute at a much faster pace.
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
An unlicensed cosmetologist from Florida has been found guilty in a California court for providing an injection that killed a model who was known as a Kim Kardashian lookalike, prosecutors said.
Through his social media channel, "Festus Feasts," NBA champion Festus Ezeli is on a mission to give a boost to local restaurants throughout the region.
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.
Here's a look at the weather forecast Sunday evening.
On this Easter Sunday, there are no answers about where Amy Hillyard could be.
with Darren Peck.
As fertilizer costs are going up amid the war in Iran, a San Francisco garbage company said it's trying to help farmers save money with its compost program.
Here's a look at the weather forecast Saturday evening.
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.