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DealBook Briefing: How on Earth Will Tesla Go Private?

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But Gizmodo has obtained an investigation by the commission’s inspector general that says the problem was just viral traffic after John Oliver highlighted the consultation on “Last Week Tonight.” From the report:

While we identified a small amount of anomalous activity and could not entirely rule out the possibility of individual DoS attempts during the period from May 7 through May 9, 2017, we do not believe this activity resulted in any measurable degradation of system availability given the minuscule scale of the anomalous activity relative to the contemporaneous voluminous viral traffic.

Revolving door named Keith Block, its president, as co-C.E.O. alongside Marc Benioff.

Lior Ron, who sold the autonomous trucking start-up Otto to Uber two years ago, will now run Uber’s freight business.

Jeff Gattis, Magic Leap’s vice president of product marketing, has left the augmented-reality start-up months before its glasses are scheduled to go on sale.

Under Armour added Mohamed El-Erian, the chief economic adviser at Allianz, to its board.

The speed read


■ AT&T bought Otter Media, an online video company founded by Peter Chernin, for more than $1 billion. (NYT)

■ The Hollywood mogul Jeffrey Katzenberg raised $1 billion from Walt Disney, Alibaba and others for his mobile video start-up. (NYT)

■ Slack is reportedly raising financing at a $7 billion valuation. (TechCrunch)

Politics and policy

■ Michael Cohen, the former lawyer and fixer for President Trump, is reportedly under investigation for tax fraud. (WSJ)

■ Business leaders seem increasingly willing to accept President Trump’s dinner invitations. (Politico)

■ Poor planning means that President Trump’s border wall could cost more than expected. (WaPo)


■ Twitter defended its decision not to block Alex Jones, founder of Infowars. Mr. Jones accused other tech firms of a “concerted plan to erase my electronic identity.”

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