SEC

Facebook estimates up to $5 billion loss in FTC privacy inquiry

FTC Inquiry Could Cost Facebook A $5 billion Fine

2019 seems to get only worse for Facebook. Following the Cambridge Analytica scandal, Facebook has to lead an investigation requested by the Federak Trade Commission which could cost the company more than $5 billion.

Elon Musk calls SEC “broken”, jeopardizes Tesla

Tesla's CEO Elon Musk is a free spirit in a shark tank. While posting provocative tweets against the SEC, the highest financial institution in the United States, he might jeopardize his company and put himself at risk.
Elon Musk has brought his stake of the Tesla company to about 20 percent. (image: REUTERS/Patrick T. Fallon)

Elon Musk Buys $10 Million in Tesla Shares and is Just Getting Started

Elon Musk has just purchased an additional $10 million in Tesla shares, said a filing this week, which also announced his plan to buy another $20 million worth next week.

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