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Elon Musk takes witness stand to defend Tesla buyout tweets
SAN FRANCISCO (AP) — Elon Musk has taken the witness stand to defend a 2018 tweet claiming he had lined up the financing to take Tesla private in a deal that never came close to happening. That tweet resulted in a $40 million settlement with securities regulators and a class-action lawsuit alleging he misled investors. The mercurial billionaire took the witness stand Friday on the third day of a civil trial in San Francisco that his lawyer unsuccessfully tried to move to Texas, where Tesla is now headquartered, on the premise that media coverage of his tumultuous takeover of Twitter had tainted the jury pool.
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Google axes 12,000 jobs as layoffs spread across tech sector
LONDON (AP) — Google is laying off 12,000 workers, becoming the latest tech company to trim staff as the economic boom that the industry rode during the COVID-19 pandemic ebbs. The Silicon Valley…
