News and Trends

Is Elon Musk Just Messing With Us? Here Are 3 Things to Know Today.

Here's what entrepreneurs should know.
Entrepreneur Staff
Editorial Director
1 min read
  • With a one-word tweet "Thud!" Elon Musk announced the creation of a new media company, poaching talent from The Onion. Some people think it's just a joke, but this is the guy who sold functioning flamethrowers for fun, so who knows?
  • Theranos founder Elizabeth Holmes was charged with "massive fraud" by the Securities and Exchange Commission. She will pay a $500,000 penalty, be barred from serving as an officer or director of a public company for 10 years, and is required to return 18.9 million shares of the company.
  • 60-year-old chain Toys R Us is planning to sell or close all 800 of its U.S. stores, possibly this week. If you have a gift card, use it now!
Related: This 'Gold Rush' Star Wants to Put Himself Out of Business

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