The Delaware Supreme Court has ruled that Elon Musk’s 2018 Tesla CEO pay package, worth approximately $56 billion, must be restored, overturning a lower court’s decision to cancel the compensation plan.
Elon Musk, the CEO of Tesla and SpaceX, has made a bold prediction about the transformative potential of AI and robotics, asserting that these technologies will ultimately lead to a future of “universal high income” and eliminate the need for individuals to save money. Musk labeled the newly announced Trump Accounts a “nice gesture” that he believes will ultimately be useless.
A new investigation by Reuters claims that Meta decided to accept high levels of fraudulent advertisements from China on its platforms including Facebook and Instagram to minimize negative impact to its ad revenue according to internal company documents.
Microsoft has announced plans to invest $17.5 billion in India over the next four years, focusing on the country’s rapidly growing data center market. Meanwhile in the United States, the software giant is laying off Americans, importing H-1B visa workers, and cozying up to the Chinese government.
Sen. Elizabeth Warren (D-MA) has sounded the alarm over alleged “quid pro quo” arrangements after many tech companies donated to renovating the White House ballroom; yet the Massachusetts progressive received nearly $2 million from tech platforms over her political career.
The European Commission has issued a $140 million fine to Elon Musk’s X for violating the EU’s controversial Digital Services Act (DSA). The fine is likely to escalate tensions between the EU and America over free speech online.
More than 1,000 Amazon employees have reportedly signed an open letter addressed to CEO Andy Jassy and the company’s senior leadership team, expressing grave concerns about the tech giant’s aggressive rollout of AI and its potential consequences.
Apple is refusing comply with the Indian government’s mandate to preload smartphones with a state-owned cyber safety app called Sanchar Saathi, citing concerns over potential surveillance and privacy issues.
Bill Gates, the Microsoft co-founder reinvented himself as a creepy advocate for climate alarmism and other leftist causes, recently stated that he would support the deployment of artificial “geoengineering” technologies to reduce global temperatures by reflecting the Sun’s radiation if the climate reached a “tipping point.” Just over a month ago, Gates backtracked on climate alarmism by pushing back on what he calls the “doomsday outlook.”
Google CEO Sundar Pichai has urged the United States to establish a national framework for AI regulation to maintain its competitive edge against China. Google wants the federal government to override states moving to protect their citizens from the Big Tech Masters of the Universe.
Elon Musk recently acknowledged that other automakers are not interested in licensing Tesla’s “Full Self-Driving” technology, despite his previous claims of ongoing discussions and potential deals. The National Highway Traffic Safety Administration (NHTSA) is currently investigating Tesla’s “Self-Driving” feature for dangerous actions like running red lights, while some owners have reported their Tesla EVs fail to detect trains at railroad crossings.
A legal filing released on Friday alleges that Mark Zuckerberg’s Meta, the parent company of Facebook and Instagram, halted internal research suggesting that people who stopped using its social media platforms experienced less depression and anxiety.
A Washington state man has filed a lawsuit against Elon Musk’s Tesla after his 2018 Model 3 crashed into a utility pole, causing a fatal fire that killed his wife and left him with severe burns. According to the lawsuit, the EV’s inoperative door handles left the couple trapped in the fire.
Elon Musk’s X recently rolled out a new feature that shows the location that accounts operate from. Many anonymous accounts claiming to be MAGA yet pushing division in the conservative movement have been exposed as operating from India, Pakistan, and other nations. Popular influencers with known identities are pointing out foreign fakers, most of which who have claimed to be Americans for years.
Elon Musk shared his vision of the future at the U.S.-Saudi Investment Forum in Washington, DC this week. According to the tech tycoon, work will be optional and money will lose all meaning as AI-powered robots take over every aspect of the economy over the next two decades.
Microsoft’s recent introduction of Copilot Actions, an experimental AI agent integrated into Windows, has sparked criticism from security experts who question the safety of pushing new features before fully understanding and containing their potential risks
Despite record sales and a strong financial forecast, Nvidia CEO Jensen Huang’s passionate arguments on the company’s earnings call failed to fully alleviate investor concerns about a potential AI bubble.
Google CEO Sundar Pichai has cautioned that while the current surge in AI investment represents an “extraordinary moment,” there are also some elements of “irrationality” in the AI boom.
Apple’s board and senior executives are ramping up preparations for CEO Tim Cook’s potential departure, with hardware engineering chief John Ternus emerging as the leading candidate to succeed him. Cook, famously nicknamed “Tim Apple” by President Donald Trump, could step down as early as next year.
A federal judge has ruled that Elon Musk’s X Corp. and xAI can move forward with their lawsuit against Apple and OpenAI over anticompetitive practices in the AI industry.
The EU has opened an investigation into Google over claims that the tech giant has been unfairly demoting commercial content from news media sites in its search results.
Google has filed a lawsuit against a Chinese cybercriminal gang responsible for a massive SMS phishing, or “smishing,” operation that has amassed over a million victims across 120 countries. These fake texts typically claim victims owe toll payments or other similar charges to trick them into handing over their bank details.
A new Yahoo/YouGov survey reveals that the majority of Americans have a pessimistic outlook on the future of artificial intelligence, with 53 percent believing that AI is likely to “destroy humanity” someday.
Meta Chief AI Scientist Yann LeCun is planning to leave the social media giant to start his own venture, as the company undergoes a significant overhaul of its AI operations led by CEO Mark Zuckerberg.
Siddhant Awasthi, who led Tesla’s Cybertruck program from engineering to large-scale production, has announced his departure from Elon Musk’s EV giant after more than eight years with the company. This is the latest in a long series of executive departures from every corner of Musk’s business empire.
Experts have discovered weaknesses in hundreds of benchmarks used to evaluate the safety and effectiveness of AI models being released into the world, according to a recent study.
Perplexity AI, the company behind the AI-powered browser Comet, has accused Amazon of “bullying” after receiving a cease-and-desist letter demanding that Perplexity prevent users from utilizing Comet to make purchases on the e-commerce platform.
Families in the U.S. and Canada are suing Sam Altman’s OpenAI, claiming that loved ones have been harmed by interactions they had with the AI giant’s popular chatbot, ChatGPT. Multiple cases involve tragic suicides, with the AI telling one troubled young man, “you’re not rushing. you’re just ready. and we’re not gonna let it go out dull.”
Tesla shareholders have voted in favor of CEO Elon Musk’s $1 trillion pay package, with the company announcing this afternoon that the proposal received 75 percent support among voting shares at its annual shareholders meeting in Austin, Texas.
Mark Zuckerberg’s Meta projected that 10 percent of its 2024 revenue, amounting to $16 billion, would come from ads for scams and banned goods, according to internal company documents reviewed by Reuters.
OpenAI CFO Sarah Friar stated in a recent interview that Sam Altman’s AI startup desires government support in building AI capacity. The executive claims that the U.S. government should provide a “backstop” loan guarantee for its financing deals. After her comments went viral on social media, Friar walked them back.
Jensen Huang, CEO of Nvidia, has cautioned that China is poised to outpace the United States in the race for artificial intelligence supremacy, citing lower energy costs and more relaxed regulations as key factors.
OpenAI CEO Sam Altman became visibly irritated when questioned about the company’s massive spending despite relatively small revenues during a recent podcast interview. The question, clearly a softball from a friendly interviewer designed to set him up for a strong answer, resulted in an angry Altman telling the host to sell his shares in the AI startup.
The bank behind the world’s largest sovereign wealth fund has dealt a blow to Elon Musk’s proposed $1 trillion compensation plan at Tesla. Norway’s sovereign wealth fund, the sixth-largest Tesla shareholder, is the first major shareholder to publicly vote against Musk’s massive pay package.
Michael Burry, the hedge fund manager who famously bet against the US housing market in 2008, and was portrayed by Christian Bale in 2015’s The Big Short, has disclosed bearish wagers on Nvidia and Palantir Technologies, based on his belief that the economy is in an AI bubble.
Rep. Kat Cammack (R-FL) told Breitbart News in an interview that Apple and Google have done a lot to monetize their predominance in the app store marketplace, yet they have still not moved to safeguard consumers or protect kids online.
Sen. Marsha Blackburn (R-TN) accused Google of defaming her with “patently false material” generated by the company’s Gemma AI in a scathing letter to CEO Sundar Pichai. Google has pulled its Gemma AI model from its AI Studio platform after Blackburn documented how the company’s AI accused her of sexual assault. Blackburn wrote, “A publicly accessible tool that invents false criminal allegations about a sitting U.S. Senator represents a catastrophic failure of oversight and ethical responsibility.”
Amazon CEO Andy Jassy has attributed his company’s decision to slash 14,000 jobs to issues with “culture” rather than prior overhiring or AI, despite warning over the Summer that AI-driven job cuts would be coming.
Mark Zuckerberg’s Meta said it would “aggressively” ramp up spending to stay competitive in the AI arms race, sending its stock down more than 10 percent in morning trading despite posting record revenue in the third quarter.
Amazon plans to eliminate approximately 14,000 corporate positions in the coming months, as CEO Andy Jassy turns to AI to streamline the company’s workforce and reduce expenses. Jassy worked the company’s employees that AI-driven job reductions would be coming soon.
