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 two-story H Mart will be at Pacific Commons Shopping Center in Fremont, and construction is planned for late 2026. In addition to its grocery selections, it will have a food hall, with a variety of fast-casual eateries, restaurants, a bar and entertainment offerings.
A crash on the San Mateo-Hayward Bridge on Tuesday afternoon killed one person and temporarily halted all westbound traffic, authorities said.
Golden State — with about two weeks until the trade deadline — will have decisions to make about how to attack the remainder of the season without Jimmy Butler.
Police in San Francisco are searching for a group of young people suspected of robbing and assaulting a man along the city's waterfront over the weekend.
An SUV driven by an alleged drunk driver crashed in Monterey County on Monday evening, killing a woman and injuring a toddler, authorities said.
The two-story H Mart will be at Pacific Commons Shopping Center in Fremont, and construction is planned for late 2026. In addition to its grocery selections, it will have a food hall, with a variety of fast-casual eateries, restaurants, a bar and entertainment offerings.
A crash on the San Mateo-Hayward Bridge on Tuesday afternoon killed one person and temporarily halted all westbound traffic, authorities said.
Golden State — with about two weeks until the trade deadline — will have decisions to make about how to attack the remainder of the season without Jimmy Butler.
Police in San Francisco are searching for a group of young people suspected of robbing and assaulting a man along the city's waterfront over the weekend.
An SUV driven by an alleged drunk driver crashed in Monterey County on Monday evening, killing a woman and injuring a toddler, authorities said.
Police in San Francisco are searching for a group of young people suspected of robbing and assaulting a man along the city's waterfront over the weekend.
The video shows a lone coyote swimming in the Bay, its head bobbing above the water as it makes its way to Alcatraz Island.
The sound of the drums filled Caltrain's Celebration Train on Monday.
SFO said the employee worked for the Dubai National Air Travel Agency, DNATA, and that OSHA was at the scene Sunday night interviewing his employer.
During that time, PG&E will complete its final tests of the Mission Substation equipment that was damaged in the fire on Dec. 20.
The two-story H Mart will be at Pacific Commons Shopping Center in Fremont, and construction is planned for late 2026. In addition to its grocery selections, it will have a food hall, with a variety of fast-casual eateries, restaurants, a bar and entertainment offerings.
Over the years, Dr. Rachel Forer has found plenty of ways to take the sting out of going to the dentist. But no matter how hard she tried, fear had a way of creeping in.
Two suspects were arrested following a shooting that followed a carjacking in Oakley and a police chase that ended in Oakley early Monday morning, authorities said.
A three-alarm fire broke out at a multi-story apartment building in downtown Oakland Monday morning, officials said.
A train hit and killed a pedestrian on the tracks in Berkeley on Monday, authorities said.
A 2-alarm fire burned at an apartment building in Sunnyvale on Tuesday morning.
Authorities in Santa Cruz County said they would increase patrols at schools, after a firearm and ammunition were found on a high school campus over the weekend.
Police in Monterey County fatally shot a driver during a traffic stop over the weekend, according to authorities.
A man suspected in a crime spree involving more than 100 auto break-ins at four housing complexes in San Jose has been arrested, police said Friday.
The suspect in the kidnapping and sexual assault of a teenage girl in San Jose was identified as a registered sex offender, police announced on Friday.
Authorities in the North Bay said they arrested a wanted felon after he allegedly stole a food delivery driver's vehicle and led police on a pursuit over the weekend.
"Piper Lane Preserve" in Fairfax is officially a home for wildlife after a group of homeowners raised money to buy an acre of land from a housing developer.
A group of protesters and faith leaders held vigil in front of the Sonoma County Adult Detention Facility to draw attention to something that is becoming rare among Bay Area communities.
The Bay Area's Spare the Air alert has been extended to at least Saturday as a high-pressure system is expected to hang around and impact air quality.
A man serving life in prison for a deadly gang shooting in Southern California has died following an altercation with another inmate at a prison in Solano County, officials said.
Golden State — with about two weeks until the trade deadline — will have decisions to make about how to attack the remainder of the season without Jimmy Butler.
The Tennessee Titans have agreed to hire Robert Saleh as their coach, hoping he can speed up their rebuild and end the franchise's skid of four straight losing seasons.
A program that had played in a grand total of 13 bowl games in the 130-some years before coach Curt Cignetti arrived in 2024 went on a historic run en route to a 16-0 season and a national title.
Will Smith scored for a second straight game and a rare goalie fight highlighted San Jose's 4-1 win over the two-time defending champion Florida Panthers.
The San Francisco 49ers packed up their belongings and headed home as work was being done around their home venue to get Levi's Stadium ready to host the Super Bowl next month.
Police in San Francisco are searching for a group of young people suspected of robbing and assaulting a man along the city's waterfront over the weekend.
An SUV driven by an alleged drunk driver crashed in Monterey County on Monday evening, killing a woman and injuring a toddler, authorities said.
Authorities in the North Bay said they arrested a wanted felon after he allegedly stole a food delivery driver's vehicle and led police on a pursuit over the weekend.
Two suspects were arrested following a shooting that followed a carjacking in Oakley and a police chase that ended in Oakley early Monday morning, authorities said.
Authorities in Santa Cruz County said they would increase patrols at schools, after a firearm and ammunition were found on a high school campus over the weekend.
BART riders will be able to book short Uber rides to and from stations through the agency's app, under a partnership announced Tuesday.
Verizon says it's giving a $20 credit to customers affected an outage that disrupted service across the U.S.
Grok faces mounting scrutiny from government officials and advocacy groups after people used the AI chatbot to create sexualized images of minors and women.
Mother of Colorado man who committed suicide in 2025 alleges that OpenAI's AI chatbot told him death was a "beautiful place."
Defense Secretary Pete Hegseth says the Pentagon will start using Elon Musk's AI chatbot Grok. The word comes days after Grok drew global outcry for generating highly sexualized deepfake images.
Over the years, Dr. Rachel Forer has found plenty of ways to take the sting out of going to the dentist. But no matter how hard she tried, fear had a way of creeping in.
Officials in San Mateo County are the latest in the Bay Area to warn residents to not forage for wild mushrooms, amid a rise in mushroom poisonings that have led to illnesses and even deaths.
The Bay Area's Spare the Air alert has been extended to at least Saturday as a high-pressure system is expected to hang around and impact air quality.
Kaiser Permanente has reached a lawsuit settlement over alleged patient data breaches involving Kaiser websites and mobile applications, with members eligible to receive a payment from a $46 million settlement fund, the health care giant announced.
Several East Bay hospitals that serve Alameda County's most vulnerable residents have issued layoff notices to staff, citing major federal cuts to Medicaid that administrators say will significantly affect their finances.
Vice President JD Vance and second lady Usha Vance announced they are expecting their fourth child.
President Trump spoke in the White House briefing room for nearly two hours on Tuesday, marking the first year of his second term as he prepares for a high-pressure trip to Europe.
Andrew Johnson is the latest in a series of pardoned Jan. 6 riot defendants to face new criminal charges.
President Trump has reshaped America's approach to foreign policy, pressured political enemies, downsized the federal workforce and prioritized deportations his first year in office.
As his standoff with America's closest allies escalates, President Trump says not getting the Nobel Peace Prize means he's no longer obligated "to think purely of Peace."
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.
A 16-year FBI employee has filed a lawsuit alleging he was fired last month because he had a Pride flag displayed near his desk.
A group of transgender members of the U.S. Air Force and Space Force forced to leave active duty under the Trump administration's policies say their benefits were revoked in a rare move.
California state Sen. Scott Wiener of San Francisco announced Wednesday that he is running for Nancy Pelosi's congressional seat next year.
The two-story H Mart will be at Pacific Commons Shopping Center in Fremont, and construction is planned for late 2026. In addition to its grocery selections, it will have a food hall, with a variety of fast-casual eateries, restaurants, a bar and entertainment offerings.
The National Football League will kick off Super Bowl LX with an opening ceremony performance by hometown rock legends Green Day as part of the festivities at Levi's Stadium in Santa Clara, the league announced Sunday.
The original member of the Grateful Dead had tirelessly carried on the band's music for three decades, and on Saturday, the City of San Francisco said goodbye in a public memorial called The Homecoming.
The livestream unfolded with his team from LaRussell's garage, where he connected with fans through Instagram Live. During the broadcast, one woman shared that she was facing eviction. LaRussell covered the exact amount she needed to remain in her home.
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
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.
A multi-vehicle crash on the San Mateo-Hayward Bridge on Tuesday afternoon killed at least one person and temporarily halted all westbound traffic, authorities said.
A 2-alarm fire burned at an apartment building in Sunnyvale on Tuesday morning.
After a chilly and foggy start, expect highs in the 50s and 60s on Tuesday. The dry trend continues for at least the next several days. Jessica Burch has the forecast.
Amanda Hari reports on a coyote making a journey to Alcatraz Island. 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
Kara St. Cyr reports on Terry Francois, a civil rights leader in San Francisco. 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
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.