FederalTradeCommission

Musk Warns of Possible Twitter Bankruptcy

Twitter’s new owner, Elon Musk, has warned that the platform may be going bankrupt as top executives continue to quit. The changes come just two weeks after Musk acquired the company for USD44 Billion. Former CISO, Lea Kissner, said they were looking forward to what comes next. Nevertheless, Kissner has yet to respond to a …

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Lockheed Martin Terminates $4.4 Billion Deal to Acquire Aerojet Rocketdyne

Lockheed Martin (NYSE: LMT), an American arms maker, just canceled its plans to acquire rocket maker Aerojet Rocketdyne for USD4.4 Billion, amid opposition from U.S antitrust enforcers. The move comes just three weeks after the Federal Trade Commission filed a lawsuit to impede the purchase. Lockheed Martin had announced its intent to acquire Aerojet Rocketdyne …

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