Elon Musk, CEO of Tesla, has revealed plans for a shareholder vote to relocate the electric carmaker’s state of incorporation from Delaware to Texas following a Delaware judge shooting down his gigantic pay package.
Hundreds of CEOs have ranked Elon Musk as the most overrated CEO in the United States. Musk garnered 399 votes from fellow CEOs in a survey performed by Fortune for the dubious title of most overrated chief executive officer in the country, beating Disney’s Bob Iger who received 302 votes.
Mark Zuckerberg experienced a staggering increase in his wealth in 2023. The Facebook founder amassed an additional $84 billion to his name, elevating his net worth to $139.1 billion and positioning him as the fifth-richest person globally. Zuck’s wealth ballooned even as lawsuits revealed the horrific depths of child sexual abuse and grooming occurring on Facebook and Instagram.
Sen. Marsha Blackburn (R-TN) told China’s TikTok CEO Shou Zi Chew during a senate hearing on Wednesday that Tennessee is not going to be rolling out “the welcome mat” for a proposed company HQ in Memphis.
Sen. Marsha Blackburn (R-TN) during a Senate Judiciary Committee hearing on Wednesday slammed Facebook for hiring an “army of lawyers and lobbyists” to protect them from regulation.
Speaking at a recent Senate Judiciary Committee hearing, Meta CEO Mark Zuckerberg apologized to families negatively affected by his companies products after a grilling by Sen. Josh Hawley (R-MO).
In a major legal setback for Tesla CEO Elon Musk, a Delaware judge has voided his massive $56 billion compensation package granted by the electric vehicle maker in 2018. Ironically, the judge described the negotiations over his pay package as a “self-driving process,” even as Musk struggles to fulfill his promise of self-driving cars.
Meta CEO Mark Zuckerberg is set to testify before the US Senate Judiciary Committee on Wednesday to defend Facebook and Instagram’s impact on young users amid ongoing scrutiny of the tech giant’s social media platforms. Executives of Snapchat, TikTok, X/Twitter, and Discord will also testify.
China’s TikTok said it has spent $1.5 billion developing an operation meant to convince U.S. lawmakers that it is safe for Americans to use the app. The company’s executives have also promised to wall-off U.S. user data and bring in engineers and third parties to verify the algorithm functions without interference from the Chinese Communist regime. TikTok, however, has so far failed to live up to its promises.
Spotify CEO Daniel Ek says Apple’s recently proposed changes to its App Store policies represent a “new low” for the tech giant. The Spotify boss, a constant critic of Apple’s stranglehold on the marketplace for apps and the “tax” it places on in-app purchases, calls Apple’s proposed changes “extortion, plain and simple.”
Tech billionaire Elon Musk announced yesterday that his creepy company Neuralink has successfully implanted its first brain chip into a human patient.
Online “sextortion” is the fastest-growing crime targeting kids in the West, and social media companies are failing to do more to prevent it, according to a recent study.
Elon Musk’s Tesla has taken a big hit in the stock market across the last several sessions after the company released weak earnings and poor prospects for 2024 growth. Musk forecasted “notably lower” growth in sales this year, a sign that Americans are quickly losing interest in the electric vehicle (EV) market that Tesla currently dominates.
Mark Zuckerberg’s Meta made a decisive shift away from the news distribution business on Facebook and Instagram in 2023, which CNBC reports has had a massive impact on the media industry.
eBay joins other tech giants in massive layoffs, announcing the dismissal of 1,000 employees, which constitutes nine percent of its full-time workforce.
Apple has announced a 2028 release date for its much-anticipated electric vehicle, codenamed Project Titan, which has been developing since 2015.
In a recent blog post, Linda Yaccarino, the woke CEO of Elon Musk’s X/Twitter, highlighted the company’s intensifying efforts in fighting hate speech and ensuring the safety of communities, calling it a “lifetime dedication.”
A New Mexico complaint against Mark Zuckerberg’s Meta has been unredacted to reveal horrifying claims of sexual harassment against children on Facebook and Instagram. One internal presentation estimated that 100,000 children a day are targets by pedophiles on Zuckerberg’s platforms, including receiving ” pictures of adult genitalia.”
Elon Musk, the owner of the social media platform X (formerly Twitter), has publicly attributed the incorrect labeling of perfectly normal images as “graphic content” to a malfunction involving a “spam/scam bot.”
OpenAI has recently launched the GPT Store, a platform for developers to sell AI apps and tools, but has notably taken a stance against AI relationships — particularly AI girlfriends. Despite the company’s stated position, the app store is still filled with AI girlfriend apps and “relationship simulators.”
A recent study by Consumer Reports, in collaboration with The Markup, has unveiled the extensive scale of data tracking aimed at Facebook users. Some users in the study were tracked by as many as 7,000 companies.
Google is reportedly boosting nonsense AI-generated articles that are ripping off other outlets on its Google News service. If Google is not purposefully clogging the internet with AI’s garbage content, it is a sign that the company’s black box algorithms can be gamed by scheming profiteers.
Elon Musk, the CEO of Tesla and owner of X/Twitter, is set to attend a conference organized by the European Jewish Association at Auschwitz to discuss the issue of online antisemitism.
Google CEO Sundar Pichai has announced further job cuts as part of the company’s strategy to meet “ambitious goals” in the coming year. Another chunk of the company’s notoriously leftist employee population will soon be looking for new jobs.
In a major shakeup at Mark Zuckerberg’s Meta, Sheryl Sandberg, a key figure in Facebook’s growth, has announced her departure from the company’s board of directors. Sandberg previously stepped down from her COO position in 2022.
Tesla owners in Chicago recently faced a significant issue when their vehicles were left dead, completely unable to charge in the frigid subzero temperatures, highlighting the fact that cold weather is a major Achilles’ heel for electric vehicles (EVs).
Elon Musk, the CEO of Tesla and SpaceX, recently expressed his desire to increase his voting control in Tesla to approximately 25 percent in an effort to have greater control over the company. Musk threatened to “build products outside of Tesla” if his demands are not met.
Elon Musk’s Tesla has faced a steep $94 billion reduction in market valuation in the initial weeks of 2024, based on bad news in China, Hertz fleeing the EV market, and reports of Tesla charging stations turning into “car graveyards” due to cold weather disabling electric cars.
A new study claims that Google’s advanced AI chatbot has demonstrated superior diagnostic abilities and empathy compared to board-certified primary-care physicians in simulated medical scenarios.
A surge of stranded electric vehicles, predominantly Tesla cars, has overtaken the Oak Brook Supercharger station in Chicago, as a severe cold snap renders many EVs powerless and immobile.
Google’s recent round of layoffs, including the sudden cut of over 1,000 employees last week, marks a continuing trend of unease and restructuring within the tech giant.
Ofcom, the UK’s broadcasting regulator has been hiring top staff from Big Tech firms as it prepares to enforce the Online Safety Act.
Google’s AI unit, DeepMind, has reportedly rolled out a “Robot Constitution” aiming to govern AI behaviors and ensure human safety.
Google has reportedly launched a new data collection project, hiring a contractor to gather facial recognition data from children, offering $50 to parents for their child’s participation.
Elon Musk’s Tesla has made a major change to how it describes the performance of its lineup of electric vehicles, reducing the range estimates for its Model Y, Model S, and Model X by as much as 37 miles.
The National Labor Relations Board (NLRB) has claimed that SpaceX illegally terminated eight employees who circulated a letter critical of CEO Elon Musk’s public behavior.
Facebook has recently launched a new feature called “Link History,” designed to keep track of all the links clicked by users within its mobile app. The technology is the latest demonstration of Mark Zuckerberg’s endless hunger to gather every speck of Facebook users’ personal data.
British authorities are currently investigating an unprecedented case of “virtual sexual assault” involving a minor on Mark Zuckerberg’s VR metaverse platform.
The Jerusalem Post claims that a whistleblower at Amazon has exposed a series of anti-Israel comments and pro-Hamas messages circulating within the company’s internal communication channels.
Media giant Cox Media Group has come under scrutiny after boasting about its “Active Listening” technology, which allegedly enables marketers to eavesdrop on conversations through smartphones and other devices.
