Musk dumps more Tesla stock

The billionaire has cashed out nearly $8 billion worth of shares after buying Twitter, according to regulatory filings Elon Musk has sold another 22 million shares in his electric car company Tesla this week, according to filings published by the US Securities and Exchange Commission (SEC) on Thursday.

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Germany resorts to record borrowing

Germany’s federal government intends to issue a record volume of debt next year to fund costs associated with the energy crisis, the German Finance Agency has revealed. According to the plan released on Wednesday, debt issuance will balloon to about €539 billion ($573 billion) in 2023 from €449 billion ($477 billion) this year. The previous…

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Former Twitter employee sentenced for spying

Ahmad Abouammo consigned to over three years in jail for leaking personal information on the platform’s users to Saudi government A US District Court has sentenced US-Lebanese national Ahmad Abouammo to three and a half years in prison for leaking the private information of Twitter users to the Saudi royal family. The ruling on Wednesday…

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