Business

Bloomberg News reports: Twitter Inc. is asking a judge to order Elon Musk to turn over all of his text messages from the first six months of 2022, saying the billionaire wasn’t cooperating in exchanging evidence ahead of trial in the fight over his $44 billion buyout offer. The social-media company submitted the public proposed order in a Friday court …

The New York Times reports: Begone typos and grammar mistakes! Begone fat-fingered auto corrected slip-ups and textual despair! The edit button is coming to Twitter. On Thursday, after countless pleas from many of its more than 237 million users, some people will start being able to click a button on the social media service to edit a tweet after they …

Reuters reports: Bed Bath & Beyond Inc on Wednesday said it inked deals for more than $500 million in new financing and that it would close 150 stores, cut jobs and overhaul its merchandising strategy in an attempt to turn around its money-losing business. Investors, however, remain concerned that the retailer’s plan, announced in a strategic update, will do little …

The New York Daily News reports: A Southwest Airlines pilot helming a flight to Cabo San Lucas, Mexico, took to the plane’s intercom and threatened to return the aircraft to its departure gate at the airport if passengers didn’t stop sending nude photos to him via iPhone’s AirDrop feature. Through AirDrop, iPhone users are able to send digital files to …

The Albany Times-Union reports: Be prepared to show your ID at the grocery checkout if you want to buy whipped cream in a canister. In New York, the popular dessert topping has joined alcohol and tobacco products on the list of items age-restricted for purchase to those 21 and older, and proof of age is now required at the point …

The Hill reports: Seventy-one percent of Americans indicated support for labor unions in a Gallup poll released on Tuesday, the highest percentage since 1965. The increased support comes as workers at many major companies have pursued union campaigns. A Starbucks store in Buffalo, N.Y., became the company’s first U.S. location to unionize in December, and more than 200 stores have …

Axios reports: Elon Musk’s lawyers on Monday sent a second deal termination letter to Twitter, a follow-up to his initial termination notice in July, this time citing recent allegations made by a Twitter whistleblower. Why it matters: Musk’s legal team is trying to leverage the allegations made by former Twitter security chief Peiter Zatko last week to defend Musk’s attempt …

Bloomberg News reports: Two Air France pilots were suspended after coming to blows in the cockpit of an Airbus jetliner during a flight between Geneva and Paris, the latest safety issue to plague the airline. The mid-air dispute occurred in June, according to a spokeswoman for the carrier Saturday, who confirmed a report by La Tribune newspaper. The dispute turned …

Bloomberg News reports: Meta Platforms Inc. settled a long-running lawsuit that claimed Facebook illegally shared user data with the research firm Cambridge Analytica. The preliminary settlement, disclosed in a court filing late Friday, follows the revelation last month that Meta Chief Executive Officer Mark Zuckerberg would have to sit for as long as six hours of questioning by plaintiffs’ lawyers. …

Bloomberg Law reports: Moderna Inc. said it’s suing Pfizer Inc. and BioNTech SE, claiming the technology in the partners’ Covid-19 shot infringes on its patents, a move that sets the stage for a massive legal clash between the three vaccine titans. Moderna, in a statement Friday, accused Pfizer and BioNTech of violating intellectual property protecting key elements of Moderna’s messenger …

The New York Post reports: Convicted “Pharma Bro” Martin Shkreli has finally been ousted as boss of the pharmaceutical company he founded, The Post has learned. Activist shareholders booted the group of directors still loyal to Shkreli during the annual general meeting of Turing’s parent company, Vyera, on Thursday. In December, the Federal Trade Commission accused Shkreli in court of …

The Verge reports: After a hearing on discovery requests from lawyers representing both Elon Musk and Twitter, Judge Kathaleen McCormick gave a firm “no” to the Musk team’s “absurdly broad” request in favor of a much smaller set of information. However, Twitter must hand over some additional data relating to how it calculates the “monetizable daily active users” (mDAU) statistic …

Axios reports: Facebook parent company Meta has reached a $37.5 million settlement in a lawsuit that accused the company of violating user privacy by tracking location data through smartphones without asking users to do so. Meta has faced a number of legal challenges in recent years, and recently reached a separate $90 million settlement over location tracking. The new settlement …

The Washington Post reports: Twitter executives deceived federal regulators and the company’s own board of directors about “extreme, egregious deficiencies” in its defenses against hackers, as well as its meager efforts to fight spam, according to an explosive whistleblower complaint from its former security chief. The complaint from former head of security Peiter Zatko, a widely admired hacker known as …

The Verge reports: As Twitter and Elon Musk prepare for their October 17th trial date in the Delaware Court of Chancery to argue over his attempt to break their $44 billion acquisition agreement, Musk’s legal team submitted a subpoena for evidence from a familiar face: former Twitter CEO Jack Dorsey. Dorsey stepped down as Twitter CEO for the second time …

Reuters reports: Cineworld Group, the world’s second largest cinema chain operator, is preparing to file for bankruptcy, the Wall Street Journal reported on Friday, just days after warning that a lack of blockbusters would hit its liquidity in the near term. Shares in the London-listed company slumped more than 81% to a record low of 1.8 pence after the WSJ …

CNBC reports: Walmart on Friday told employees that it will expand abortion and related travel coverage, according to an internal memo. The change comes about two months after the Supreme Court struck down the federal right to access the procedure. Effective immediately, Walmart’s health-care plans will cover abortion “when there is a health risk to the mother, rape or incest, …

The Associated Press reports: People in Moscow who were disappointed when Starbucks closed its coffee shops after Russia sent troops into Ukraine may now feel a caffeine jolt of hope: A nearly identical operation is opening in the capital. The name’s almost the same: Stars Coffee. The logo could be the separated-at-birth twin of the Starbucks mermaid, with flowing hair, …

Reuters reports: Billionaire entrepreneur Elon Musk, who is attempting to walk away from his deal to acquire Twitter, is seeking documents from advertising technology firms as part of his quest to gain more information on bot and spam accounts on Twitter, according to filings in a Delaware court on Thursday. Musk’s lawyers have subpoenaed both Integral Ad Science and DoubleVerify …

Axios reports: Elon Musk told GOP congressional leaders and big-dollar donors on Tuesday that Republicans need to present a more compassionate front to voters and appeal to immigrants like himself, Axios has learned. While Musk has been publicly flirting with the Republican Party all year, his attendance at an exclusive GOP retreat in Wyoming marks a new level of involvement …