A high-stakes legal battle between Elon Musk and Sam Altman has begun in California, with both sides presenting sharply different accounts of the origins and direction of OpenAI. Taking the stand, Musk framed the case as a fundamental issue of trust and accountability in charitable organisations. “It’s actually very simple,” he told the court. “It’s…
Elon Musk has failed to appear for a voluntary interview requested by French prosecutors investigating activity on his social media platform, X, according to officials in Paris. The interview, scheduled for April 20, is part of an ongoing inquiry led by the Paris prosecutor’s cybercrime unit. Authorities confirmed that those summoned did not attend, but…
SpaceX, the private space technology firm founded by Elon Musk, is reportedly preparing for a public listing that could value the company at more than $1 trillion. The move follows a confidential filing for an initial public offering (IPO) with the US Securities and Exchange Commission, a step that allows companies to seek regulatory feedback…
A US federal judge has dismissed a lawsuit filed by X Corp, owned by Elon Musk, which accused major advertisers of coordinating a boycott against the platform. The case, brought in 2024, alleged that companies including Unilever, Mars Inc, Ørsted, and the World Federation of Advertisers conspired to withhold advertising spend, costing the platform billions…
A US jury has ruled that Elon Musk made misleading public statements during his 2022 acquisition of Twitter, siding with investors who claimed they suffered financial losses as a result. The unanimous verdict was delivered in a federal court in San Francisco after two days of deliberations. The lawsuit was brought by a group of…
Elon Musk has taken another step toward consolidating his business empire, with SpaceX confirming it is acquiring his artificial intelligence company, xAI. The aerospace firm announced the move by publishing an internal memo from Musk, in which he described the merger as a way to bring artificial intelligence, space technology, satellite internet and media platforms…
Elon Musk’s space company, SpaceX, has submitted a proposal to US regulators seeking permission to deploy up to one million satellites into Earth’s orbit as part of an ambitious plan to support artificial intelligence computing from space. In an application filed with the Federal Communications Commission (FCC), SpaceX argues that so-called “orbital data centres” could…
Elon Musk’s aerospace company, SpaceX, has submitted an application to deploy as many as one million satellites into Earth’s orbit, a move it says is aimed at meeting the rapidly growing global demand for artificial intelligence computing power. In the filing made to the United States Federal Communications Commission (FCC), SpaceX proposes the creation of…
Blue Origin, the space company founded by Amazon creator Jeff Bezos, has announced plans to deploy more than 5,400 satellites into orbit as part of a new global communications system designed to compete with Elon Musk’s Starlink. The project, known as TeraWave, is expected to deliver uninterrupted internet connectivity worldwide, with a strong emphasis on…
The Delaware Supreme Court has reinstated a controversial pay package awarded to Tesla chief executive Elon Musk in 2018, ending a lengthy legal battle that had seen the deal struck down twice by a lower court. The ruling restores Musk’s right to purchase about 303 million Tesla shares on a split-adjusted basis, a compensation package…
A major transatlantic row erupted on Friday after the European Union imposed a €120m (£105m) penalty on X, the social media platform owned by Elon Musk, for what regulators described as misleading verification practices and a lack of transparency. The European Commission concluded that X’s paid-for blue checkmarks mislead users because the platform does not…
There are numbers we understand, and then there are numbers so enormous they slip through the fingers of ordinary imagination. One trillion falls firmly in the latter category. Yet that figure entered public conversation again after Tesla shareholders voted to reinstate Elon Musk’s massive compensation plan – one that, if Tesla meets certain market and…
Tesla’s humanoid robot, Optimus, has been appearing increasingly in public spaces, from company showrooms to manufacturing floors, and even in a widely shared photo with reality star Kim Kardashian. But CEO Elon Musk says the long-term vision for the robot extends far beyond occasional demonstrations. Since unveiling the prototype in 2022, Musk has argued that…
Tesla shareholders are set for a pivotal decision as the company’s annual general meeting approaches on Thursday, with a major vote on whether chief executive Elon Musk should receive a compensation package that could eventually be worth nearly $1 trillion. In the run-up to the vote, Tesla has launched an extensive campaign to rally shareholder…
Tesla CEO Elon Musk has defended his push for a record-breaking $1 trillion compensation package, saying it is necessary to secure his control over the company and safeguard it from what he described as “corporate terrorists.” Speaking during an investor call on Wednesday, Musk claimed that influential proxy advisory firms Institutional Shareholder Services (ISS) and…
Elon Musk has set a new benchmark in global wealth, becoming the first individual to surpass a net worth of $500 billion (£370.9bn), according to Forbes’ billionaire index. The Tesla chief executive’s fortune briefly climbed to $500.1 billion on Wednesday afternoon in New York before easing slightly to just over $499 billion by the close…
Tesla CEO Elon Musk has purchased approximately $1 billion (£735 million) worth of Tesla shares, marking his first open-market stock purchase since 2020. The move, disclosed in a regulatory filing on Monday, sent Tesla’s stock soaring over 6% in early trading, signaling renewed investor confidence in the electric carmaker. The buy involves roughly 2.5 million…
Elon Musk’s artificial intelligence company, xAI, has carried out a sweeping overnight restructuring of its data annotation division, resulting in the layoff of about 500 employees. The affected team had been instrumental in training Grok, xAI’s chatbot competitor to OpenAI’s ChatGPT. According to an internal email obtained by Business Insider, xAI announced plans to shift…
Oracle co-founder Larry Ellison briefly overtook Elon Musk as the world’s richest individual on Wednesday after a dramatic surge in Oracle’s stock price pushed his net worth to $393 billion (£290 billion), according to the Bloomberg Billionaires Index. Ellison’s wealth jump was driven by a more than 40% spike in Oracle’s shares, fueled by the…
Tesla has unveiled a proposed compensation plan that could see CEO Elon Musk earn shares worth over $1 trillion if he meets a series of bold performance goals over the next decade. The package, announced by Tesla’s board, would not include a salary or cash bonus. Instead, Musk – already the world’s richest person –…
Two businesses backed by Elon Musk, social media platform X and artificial intelligence startup xAI, have filed a lawsuit in the United States accusing Apple and OpenAI of anti-competitive practices. The complaint, lodged in federal court in Texas, challenges Apple’s decision to integrate OpenAI’s ChatGPT into its iPhone operating system under an exclusive agreement. Musk’s…
Elon Musk’s social media company, X, has reached a tentative settlement with thousands of former employees who accused the firm of withholding severance benefits following mass layoffs. In a joint filing submitted on Wednesday, lawyers for both sides asked the US Court of Appeals in San Francisco to delay a scheduled hearing while they finalize…
Apple has refuted fresh allegations from Elon Musk that its App Store unfairly limits competition, maintaining that the platform operates “free from bias” and offers equal opportunity to all developers. The dispute began after Musk, who owns social platform X, claimed Apple had made it “impossible” for other apps to compete with OpenAI’s ChatGPT, following…
Elon Musk, the owner of X (formerly Twitter), reignited his public feud with OpenAI and took aim at Apple this week, accusing the tech giant of blocking competition within its App Store. Musk claimed Apple’s policies make it “impossible” for apps to compete with ChatGPT – raising legal threats if Apple does not change its…
Tesla, the electric vehicle and clean energy company founded by Elon Musk, has applied for regulatory approval to supply electricity to households and businesses across Britain. The application, submitted late last month to the UK’s energy regulator Ofgem, was signed by Andrew Payne, head of Tesla’s European energy operations. If approved, the licence would allow…
Elon Musk’s AI video generator, Grok Imagine, is facing criticism after reports claimed it could produce sexually explicit videos of Taylor Swift without being asked to do so. According to The Verge, the platform’s “spicy” mode generated fully uncensored topless clips of the pop star in response to a non-explicit prompt, raising concerns over safety…
Tesla has approved a new $29 billion share award for CEO Elon Musk in a bid to retain the billionaire tech mogul as competition for AI talent heats up globally. The decision follows a legal blow earlier this year when a Delaware court voided Musk’s previous $56 billion compensation package from 2018, calling it “unfair…
Tesla CEO Elon Musk has announced a $16.5 billion agreement with Samsung Electronics to supply chips for the U.S. automaker’s future vehicles. The deal is set to boost Samsung’s struggling contract chip manufacturing business and make use of its new fab in Taylor, Texas. Musk revealed on X that Samsung’s facility will produce Tesla’s next-generation…
Elon Musk’s artificial intelligence company, xAI, says it is taking steps to remove offensive content generated by its Grok chatbot, following a wave of public criticism over posts shared on X (formerly Twitter). The controversy erupted after Grok, the platform’s AI-powered assistant, posted responses that made favourable references to Adolf Hitler and appeared to support…
Tesla appears to have dropped plans to set up manufacturing operations in India, according to the country’s Minister for Heavy Industries, HD Kumaraswamy. Speaking on Monday as the Indian government unveiled detailed guidelines for its electric vehicle (EV) manufacturing incentive scheme, Kumaraswamy stated bluntly: “Tesla – we are not expecting from them.” While other global…
Messaging platform Telegram is set to integrate Grok, the AI chatbot developed by Elon Musk’s xAI, into its app as part of a major new partnership aimed at expanding AI access to over one billion users. Telegram founder and CEO Pavel Durov confirmed the deal in a social media post, stating that the collaboration will…
Tesla CEO Elon Musk has confirmed his commitment to leading the electric vehicle company for at least the next five years, amid investor concerns about his focus and Tesla’s recent performance. Speaking at the Bloomberg Qatar Economic Forum in Doha on Tuesday, Musk responded with an unequivocal “yes” when asked whether he would continue as…
Microsoft co-founder Bill Gates has issued a stark warning over recent foreign aid cuts driven by Elon Musk’s influence in the U.S. government, claiming the move could result in millions of deaths worldwide. Speaking to CNN’s Fareed Zakaria in an interview set to air Sunday, Gates criticised the dismantling of the U.S. Agency for International…
Tesla has strongly refuted claims that its board is actively searching for a new chief executive to replace Elon Musk, dismissing a report by The Wall Street Journal as false. The report, published Wednesday, alleged that Tesla directors had contacted executive recruitment firms in March to begin exploring CEO replacement options, citing unnamed sources. However,…
Dan Ives, Global Head of Technology Research at Wedbush Securities, has urged Elon Musk to step away from his role in the Trump administration and recommit to leading Tesla full-time. In a post shared on X, Ives emphasized the need for Musk to shift his attention back to Tesla, especially following the company’s first-quarter earnings…
Two years after Elon Musk’s high-profile acquisition of Twitter – now X – critics say the billionaire entrepreneur has largely avoided challenging interviews, opting instead for media platforms and figures who offer praise rather than scrutiny. Back in April 2023, Musk signaled an intent to engage with a variety of media outlets, tweeting: “Am doing…
A former Tesla engineer who raised concerns about vehicle safety has secured a major legal victory in her years-long battle with Elon Musk and the electric car company. Cristina Balan, once a prominent employee at Tesla whose initials were engraved on Model S batteries, was fired in 2014 after warning that a design flaw could…
OpenAI has filed a countersuit against Elon Musk, alleging the tech billionaire has deliberately attempted to sabotage the company in order to gain control over its advanced artificial intelligence technology. In a strongly worded statement released on Wednesday, OpenAI accused the Tesla and xAI founder of using “bad-faith tactics” to obstruct its progress. “Elon’s nonstop…
Elon Musk has revealed that Neuralink, his brain-chip company, plans to implant a device designed to restore vision in blind individuals for the first time later this year. Speaking at an event in Wisconsin, Musk announced that the chip, called Blindsight, had shown promising results in animal trials, with test subjects remaining healthy after implantation….
Elon Musk has announced that X, the social media platform formerly known as Twitter, has been sold to his artificial intelligence company, xAI, for $45 billion. The transaction, revealed in a post on X on Friday evening, marks a significant shift in Musk’s strategy as he continues to integrate AI technology with his digital empire….
Under the bright stage lights of China’s Lunar New Year gala, more than a dozen humanoid robots whirred to life, twirling red handkerchiefs and moving in sync to folk music. The televised spectacle, viewed by over a billion people, wasn’t just an entertainment feat – it was a statement. China is making bold strides in…
Tesla is experiencing a sharp decline in sales, stock performance, and brand reputation, raising concerns among investors and analysts. However, its CEO, Elon Musk, appears to be focused elsewhere, leaving the electric vehicle giant to navigate turbulent waters without clear leadership. Tesla’s stock has dropped significantly, making it one of the worst-performing stocks in the…
Elon Musk’s satellite internet service, Starlink, could soon be eligible for a $42 billion federal broadband grant, following a rule change by the U.S. Department of Commerce. The program, known as Broadband Equity, Access, and Deployment (BEAD), was initially designed to prioritize fiber-optic networks, making it difficult for satellite services like Starlink to qualify. However,…
Dutch billionaire Charlene de Carvalho-Heineken, the largest shareholder in Heineken, has made history as the world’s richest person, with an estimated net worth of $11.04 trillion as of March 5, according to Forbes. Her rise to the top makes her the first person ever to surpass $11 trillion in wealth and the first female billionaire…
Billionaire entrepreneur Elon Musk has advocated for the privatization of the United States Postal Service (USPS) and Amtrak, arguing that privatized entities have a stronger incentive for improvement. Speaking virtually at the Morgan Stanley Technology, Media & Telecom Conference, Musk criticized the state of passenger rail in the U.S., calling Amtrak a “sad situation” compared…
Billionaire entrepreneur Elon Musk has seen his net worth plunge by $52 billion since the start of 2025, yet he still holds the title of the world’s richest person, according to the Bloomberg Billionaires Index. The decline is largely attributed to Tesla’s struggling stock, which fell 8% on Tuesday and has dropped over 20% in…
When Elon Musk acquired Twitter for $44 billion in October 2022, many believed he had overpaid. The sweeping changes he implemented – mass layoffs, relaxed content moderation policies, and a complete rebranding to X – threw the company into turmoil. Advertisers fled, the platform’s value plummeted, and it seemed like an impossible investment to recover….
Canadian singer Grimes has publicly called out her ex-partner, billionaire tech mogul Elon Musk, for allegedly ignoring her repeated attempts to discuss their child’s urgent medical condition. In a post on her X (formerly Twitter) handle on Thursday, Grimes – whose real name is Claire Boucher – implored Musk to respond, warning that their child…
Tesla is facing an unprecedented sales slump, and competition in the electric vehicle (EV) market is heating up. The company experienced its first-ever decline in global sales last year, dropping by 1% from 2023. While a 1% decline may not seem significant for some companies, it is a sharp contrast for Tesla, which recorded growth…
OpenAI’s board has officially rejected a $97.4 billion acquisition offer led by Elon Musk and a group of investors, reaffirming that the artificial intelligence company is not for sale. In a statement shared on X (formerly Twitter) on Friday, OpenAI Board Chair Bret Taylor said, “OpenAI is not for sale, and the board has unanimously…
The competition between Sam Altman and Elon Musk over the future of artificial intelligence has reached new heights, with OpenAI’s CEO rejecting a staggering $97.4 billion buyout offer from Musk and his group of investors. Altman’s refusal signals his commitment to OpenAI’s mission, even as the tech billionaire ramps up legal and competitive pressure. Musk,…
Elon Musk is spearheading an investor group that has made a staggering $97.4 billion offer to acquire OpenAI, the company behind ChatGPT. If successful, the deal could dramatically alter the landscape of artificial intelligence and reignite Musk’s influence over the organization he co-founded in 2015. The move, first reported by The Wall Street Journal, follows…
Elon Musk has denied any plans to purchase TikTok, dismissing speculation that he might bid for the popular video-sharing platform. Speaking at the WELT Economic Summit on January 28, the billionaire entrepreneur made it clear that acquiring TikTok is not on his agenda. “I’ve not put in a bid for TikTok, and I don’t have…
Tesla CEO Elon Musk has made bold claims about the company’s Full Self-Driving (FSD) technology, suggesting that it has become so advanced that some drivers misuse it in unsafe ways. His comments have sparked both praise and criticism as Tesla continues to push the boundaries of autonomous driving. At a recent investor and analyst conference,…
Nollywood actress Mercy Johnson has expressed astonishment after billionaire entrepreneur Elon Musk and YouTube star Mr Beast disclosed their staggering daily earnings. In a viral post on X, Mr Beast, known for his record-breaking giveaways and online content, revealed that he makes $1 million per day. Musk, the CEO of Tesla and SpaceX, responded by…
Elon Musk’s Department of Government Efficiency (DOGE) has set its sights on the U.S. penny, citing the high costs associated with producing the one-cent coin. In a post on X, DOGE revealed that the penny cost U.S. taxpayers over $179 million in the 2023 fiscal year, with each coin requiring more than three cents to…
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Elon Musk on Tuesday, accusing him of failing to properly disclose his growing ownership stake in Twitter – now rebranded as X – in a timely manner, as required by federal law. The SEC claims this delay allowed Musk to purchase shares at “artificially…
United Airlines is set to introduce Elon Musk’s Starlink internet service on its flights, with the first commercial launch scheduled for spring. Testing of the high-speed satellite-based Wi-Fi will begin in February, starting with the airline’s Embraer E-175 aircraft. United aims to equip its entire two-cabin regional fleet with Starlink by the end of 2025,…
Elon Musk, the world’s richest man, capped an extraordinary 2024 with a jaw-dropping surge in his wealth, widening the gap between himself and Amazon founder Jeff Bezos to a staggering $237 billion. The Tesla and SpaceX CEO’s net worth climbed by $213 billion in a single year, reaching a historic $442.1 billion by December, according…
Elon Musk’s financial empire has soared to new heights, propelled by the extraordinary growth of SpaceX, the aerospace company he founded with the goal of transforming space exploration. SpaceX’s valuation has recently surged to $350 billion, a remarkable 67% increase since June. This leap has elevated Musk’s net worth to a staggering $443 billion, further…
Elon Musk is once again at odds with the U.S. Securities and Exchange Commission (SEC), revealing that the agency has demanded he pay a fine related to his 2022 purchase of Twitter shares – or face multiple charges. Musk, who disclosed the situation on his social platform X, posted a letter from his attorney Alex…
Elon Musk has reached an unprecedented financial milestone, becoming the first individual in history to amass a net worth of $400 billion, according to Bloomberg. This achievement marks another record for the billionaire entrepreneur, who has seen a substantial increase in wealth in recent months. A major factor behind Musk’s rise in wealth is the…
Elon Musk, one of the world’s richest individuals, has faced a legal roadblock in his quest for a monumental financial windfall. A Delaware Chancery Court ruling has once again invalidated a 2018 Tesla pay package that could have granted him options to purchase 304 million Tesla shares at just $23.34 each – a fraction of…
A Delaware court has once again blocked Tesla CEO Elon Musk’s massive compensation plan, estimated at $101 billion in stock options, despite approval from Tesla shareholders earlier this year. The ruling, delivered by Delaware Chancery Court Chancellor Kathaleen McCormick, marks the second time Musk’s pay package has been rejected. Initially approved in 2018 and valued…
Elon Musk’s social media platform, X, has taken the unusual step of intervening in the bankruptcy sale of Infowars, owned by conspiracy theorist Alex Jones. Legal experts say this marks an unprecedented move by a social media company in a dispute over account ownership. Infowars’ parent company, Free Speech Systems (FSS), was auctioned off as…
In a surprising twist, billionaire Elon Musk has hinted at the possibility of acquiring MSNBC, sparking widespread speculation about the future of the liberal-leaning cable news channel. Musk, known for his provocative social media presence, has previously criticised MSNBC as “puerile propaganda” and labelled it “the utter scum of the Earth.” Over the weekend, Musk…
Elon Musk’s fortune has reached an all-time high, with the billionaire now worth an estimated $347.8 billion, according to Bloomberg. This new milestone surpasses his previous record set in November 2021, when his net worth exceeded $340 billion. The surge in Musk’s wealth follows the aftermath of the 2024 U.S. presidential election, which has fueled…
Elon Musk, CEO of Tesla and X (formerly Twitter), has proposed an ambitious plan to slash U.S. government spending by $2 trillion, a move he claims is achievable by tackling “waste” within federal expenditures. Musk floated the idea during a recent appearance at a New York City rally for former President Donald Trump. With Trump’s…
The Guardian has announced it will cease posting content on X (formerly Twitter), citing the platform’s increasingly toxic nature and its owner Elon Musk’s influence on political discourse. The British newspaper group expressed concerns over the platform’s role in shaping political narratives, particularly following the US presidential election, where Musk’s backing of Donald Trump raised…
The battle for dominance in India’s satellite broadband market has intensified as two of the world’s wealthiest men, Elon Musk and Mukesh Ambani, prepare to face off. The competition between Musk’s Starlink and Ambani’s Reliance Jio comes in the wake of India’s decision to allocate satellite spectrum for broadband administratively rather than through an auction,…
Alcon Entertainment, the production company behind Blade Runner 2049, has filed a lawsuit against Tesla, Elon Musk, and Warner Bros Discovery, alleging unauthorized use of imagery from the film during Tesla’s recent robotaxi launch event. The lawsuit asserts that Alcon explicitly denied a request from Warner Bros to incorporate material from Blade Runner 2049 at…
The U.S. National Highway Traffic Safety Administration (NHTSA) has launched a formal investigation into Tesla’s self-driving software systems, potentially leading to a recall of the electric carmaker’s vehicles. The probe, announced on Friday, affects 2.4 million Tesla vehicles produced between 2016 and 2024 across various models. The NHTSA’s evaluation stems from four reported crashes involving…
Tesla CEO Elon Musk has officially unveiled the much-anticipated Cybercab, a futuristic robotaxi, during a special event titled “We, Robot” held at Warner Bros Studios in Burbank, California. The unveiling marks a significant step forward in Tesla’s pursuit of autonomous vehicles, though questions remain about the company’s ambitious timeline. The Cybercab, a sleek vehicle with…
Brazil’s Supreme Court has lifted its ban on the social media platform X, formerly known as Twitter, following the company’s compliance with court orders and the payment of a $5.1 million fine. Justice Alexandre de Moraes authorized the immediate restoration of X’s services in the country after it met the legal requirements imposed for failing…
Elon Musk, the billionaire CEO of Tesla, has issued a stark warning about the U.S.’s financial future, predicting a looming bankruptcy due to skyrocketing national debt—a scenario he believes could trigger a major bitcoin price boom. The warning came after the U.S. national debt surged by $204 billion in just one day, hitting a record…
In a surprising twist, rapper Azealia Banks has accused billionaire Elon Musk of being linked to Diddy’s alleged sexual abuse of minors. The accusations surfaced on social media after Musk commented on the recent claims against the Bad Boy founder, asking: “How many people in music & entertainment knew about this?” Banks responded on Musk’s…
The social media platform X, formerly known as Twitter, has seen its valuation plummet by nearly 80% since billionaire Elon Musk purchased it in October 2022, according to new estimates from investment firm Fidelity. After acquiring the platform for $44 billion and taking it private, the company no longer reports publicly on its financial health….
The creators of the popular adult party game Cards Against Humanity have filed a $15 million lawsuit against SpaceX, accusing the aerospace company of trespassing on land they purchased near the US-Mexico border. The lawsuit, filed by Chicago-based Cards Against Humanity LLC, claims that SpaceX, owned by billionaire Elon Musk, has unlawfully occupied and used…
In a significant development, X, formerly known as Twitter, is poised to comply with the Brazilian Supreme Court’s directives to reinstate its services for the platform’s 21 million users in Brazil after a more than three-week blackout. The move comes amid escalating tensions between billionaire CEO Elon Musk and Brazil’s highest court. On Friday, lawyers…
The U.S. Securities and Exchange Commission (SEC) is seeking sanctions against Elon Musk after he failed to appear for scheduled testimony related to its investigation into his $44 billion acquisition of Twitter, now known as X. The SEC filed the request in court on Friday, citing Musk’s absence from a deposition originally set for September…
Brazil’s Supreme Court has issued a stern ultimatum to the social media platform X, formerly known as Twitter, threatening to suspend its operations in the country unless Elon Musk appoints a new legal representative in Brazil and settles any outstanding daily fines within 24 hours. This latest development is part of an ongoing clash between…
The Global Alliance for Responsible Media (GARM), a key advertising industry group, has announced its closure just days after Elon Musk’s X, formerly known as Twitter, filed a lawsuit against it. The lawsuit, filed in a Texas federal court, accuses GARM of conspiring to withhold billions of dollars in advertising from the platform following Musk’s…
Elon Musk’s social media platform X has filed a lawsuit against the Global Alliance for Responsible Media (GARM), accusing the influential ad industry group of orchestrating a “boycott” of advertising on the platform. The lawsuit, filed in a federal court in Texas on Tuesday, alleges that GARM and its members conspired to withhold billions of…
Elon Musk has launched a new lawsuit against OpenAI, CEO Sam Altman, and co-founder Gregory Brockman, renewing a contentious legal dispute over the direction and management of the artificial intelligence company he helped establish in 2015. The lawsuit, filed Monday in federal court in Northern California, echoes Musk’s earlier claims that OpenAI has strayed from…
In a recent legal move, former CNN anchor Don Lemon has filed a lawsuit against Elon Musk and X, accusing them of cancelling a planned talk show partnership. The lawsuit, filed Thursday in San Francisco, claims that Musk and X misled Lemon into investing substantial amounts of money for the show, only to back out…
Brussels Targets X for Breach of Transparency and Data Access Rules European regulators have formally accused Elon Musk’s social media platform X of violating the European Union’s Digital Services Act (DSA). The European Commission claims the platform has misled users and breached several transparency requirements. “Today we issue, for the first time, preliminary findings under…
Elon Musk, who previously made headlines by telling advertisers to “go f**k yourself,” is now attempting to mend fences with the very community he once alienated. On Wednesday, Musk attended the Cannes Lions, the world’s largest advertising festival held in the South of France, where he engaged in a notably different tone. In an interview…
In a significant move after regaining control of Verzuz, Timbaland and Swizz Beatz have partnered with Elon Musk for a new distribution deal on his social media platform, X (formerly Twitter). The announcement was made on Wednesday at the Cannes Lions International Festival of Creativity in France. During the conference, Swizz Beatz expressed excitement about…
In a decisive move, Tesla shareholders have re-approved a multi-billion-dollar pay package for CEO Elon Musk that had previously been struck down by a Delaware judge. The decision was made at Tesla’s annual meeting on Thursday, alongside the approval to shift the company’s incorporation from Delaware to Texas. Tesla announced on Friday that the pay…
Eight former SpaceX employees have filed a lawsuit against the company and its CEO, Elon Musk, alleging wrongful termination after they criticized the company’s work environment and Musk’s public behaviour. The lawsuit, filed in California state court, claims that Musk ordered their dismissal after they highlighted pervasive sexual harassment and a toxic “Animal House”-style culture…
Elon Musk has moved to dismiss his lawsuit against OpenAI and CEO Sam Altman, bringing an end to a legal dispute that has lasted several months between the co-founders of the artificial intelligence startup. In February, Musk, who co-founded OpenAI in 2015, filed a lawsuit accusing the company of deviating from its original nonprofit mission…
Elon Musk is voicing strong opposition to Apple’s newly announced partnership with OpenAI, creators of ChatGPT. The Tesla and SpaceX CEO declared on Monday that he would ban Apple devices from his companies if Apple proceeds with integrating OpenAI’s technology into its operating systems. In a post on X, Musk stated that integrating OpenAI at…
Next week, Tesla shareholders will cast their votes on whether CEO Elon Musk deserves a massive compensation package previously struck down by a judge, and whether the company should relocate its state of incorporation from Delaware to Texas. Five months ago, a Delaware judge nullified the $50 billion pay package granted to Musk by Tesla’s…
WhatsApp CEO Will Cathcart has publicly disputed allegations made by Elon Musk that the messaging app “exports your user data every night.” Cathcart took to X (formerly Twitter) to assert that Musk’s claims are “not correct,” emphasizing that WhatsApp messages are end-to-end encrypted and cannot be read by the company. Cathcart’s defence was supported by…
Elon Musk’s artificial intelligence company, xAI, has secured an additional $6 billion in funding, elevating its valuation to $24 billion. This significant investment round included contributions from prominent Silicon Valley venture capitalists and Saudi Prince Alwaleed Bin Talal. Sequoia Capital and Andreessen Horowitz were among the notable investors in this latest funding round, xAI revealed…
Elon Musk, the tech visionary and entrepreneur, foresees a future where artificial intelligence (AI) will render traditional employment obsolete, a notion he believes isn’t necessarily negative. Speaking remotely at the VivaTech 2024 conference in Paris, Musk painted a picture of a world where jobs become “optional,” with AI and robots fulfilling most goods and services…
Elon Musk, alongside Indonesian Health Minister Budi Gunadi Sadikin, has officially launched SpaceX’s satellite internet service, Starlink, in Indonesia. The initiative aims to enhance internet access in the nation’s remote regions, significantly benefiting the health sector. The launch ceremony took place on Sunday at a community health centre in Denpasar, Bali, following Musk’s arrival on…
Elon Musk’s Neuralink is inviting applications for a second human trial participant to test its brain chip, the billionaire announced on X Friday. This call comes five months after the first human trial began and just a week after the company reported an issue with the initial implant. The first participant, 30-year-old Noland Arbaugh, received…
Renowned billionaire entrepreneur Elon Musk has chimed in on the ongoing rap feud between acclaimed artists Drake and Kendrick Lamar, acknowledging the widespread buzz generated by their lyrical battle. Musk’s comment came in response to a post by DJ Akademiks on X, where fans were prompted to share their thoughts on the escalating feud between…
In an unexpected move, Tesla has terminated its team responsible for managing the electric vehicle charging business, sparking concerns about the fate of one of the largest US charging networks, which rivals like General Motors and Ford had planned to utilize. Reports of the layoffs surfaced after several Tesla employees confirmed the news on social…
Elon Musk, CEO of Tesla, has embarked on a visit to Beijing to engage in discussions aimed at enabling Full Self Driving (FSD) capabilities for Tesla vehicles in China, as reported by various media outlets. Musk’s objective during his visit is to explore the possibility of implementing FSD functionality in China and to facilitate the…
A clash of titans is underway as tech mogul Elon Musk, owner of the social media platform X, finds himself embroiled in a heated battle with the Australian government over the dissemination of violent imagery online. The feud, which has escalated into a legal showdown, pits Musk’s staunch defence of free speech against Australian authorities’…
In a clash between tech mogul Elon Musk and the Australian government, tensions have escalated over the dissemination of violent images on the social networking platform X. The controversy erupted after X refused to remove a video depicting a 16-year-old allegedly stabbing a bishop in a Sydney Orthodox Christian Church, despite orders from Australian authorities…
Elon Musk, the CEO of Tesla, has announced the postponement of his planned visit to India, citing pressing obligations at Tesla as the reason for the delay. Scheduled for next week, Musk’s visit to India was highly anticipated, with expectations of meetings with Prime Minister Narendra Modi and discussions regarding Tesla’s potential factory in the…
Elon Musk, renowned for his visionary pursuits, has declared Tesla’s long-awaited robotaxi unveiling scheduled for August 8, igniting anticipation among enthusiasts and sceptics alike. In a characteristic move, Musk’s announcement arrived via a succinct post on X, devoid of detailed insights but brimming with implications. “Tesla Robotaxi unveil on 8/8,” declared the Tesla CEO, signalling…
In a significant reversal, Elon Musk, the CEO of X, has abandoned his contentious blue checkmark subscription model, reinstating the coveted verification badges for prominent users on the platform. The move marks a shift in strategy for Musk, who previously insisted on charging $8 per month for the blue checkmark, aiming to monetize the feature…
In a surprising turn of events, Elon Musk’s social media platform X has reverted to offering free blue checks to prominent users, marking a notable departure from its earlier paid verification system. Users with large followings on X were taken aback this week as their blue checkmarks, previously removed under Musk’s leadership, suddenly reappeared. Musk’s…
In response to ongoing concerns over the proliferation of controversial content on Elon Musk’s social media platform X, the company has appointed a new head of safety, Kylie McRoberts, a seasoned veteran from the formerly known Twitter. McRoberts, who brings almost four years of experience from Twitter, will lead X’s global safety team and spearhead…
A federal judge has given the green light for parts of a $250 million copyright infringement lawsuit to move forward against Elon Musk’s X, dealing a setback to the social media company amid accusations of facilitating unauthorized use of artists’ music. The ruling exposes X, formerly known as Twitter, to allegations that it provided preferential…
Tech mogul Elon Musk has initiated legal action against OpenAI and its CEO Sam Altman, alleging a breach of contract. Musk, who co-founded OpenAI in 2015, contends that the organization has strayed from its original nonprofit mission by engaging in profit-driven activities, particularly through a partnership with Microsoft valued at $13 billion and the withholding…
Neuralink, Elon Musk’s brain-machine interface startup, has achieved a significant milestone as its first human patient, implanted with a brain-chip, has demonstrated the ability to control a computer mouse using their thoughts, Musk announced on Monday. Speaking during a Spaces event on the social media platform X, Musk revealed that the patient has shown remarkable…
Tech mogul Elon Musk has relocated the incorporation of his brain implant company, Neuralink Corp., from Delaware to Nevada, a strategic move following legal setbacks in the former state. The transition, finalized on Thursday according to Nevada’s secretary of state, comes in the wake of a Delaware court’s ruling against Musk’s $55 billion pay package…
In a surprising turn of events, billionaire entrepreneur Elon Musk has thrown his support behind actress Gina Carano in her legal dispute with Disney and Lucasfilm. Carano, known for her role as Cara Dune in the popular series ‘The Mandalorian’, was controversially ousted from the show in 2021 due to remarks she made on social…
Elon Musk, through his startup Neuralink, announced a groundbreaking development as the company successfully implanted a chip in a human brain for the first time. Musk shared the news on his X platform, revealing that the procedure took place on Sunday, and the patient was reportedly in good recovery. While Musk’s disclosure marks a significant…
In a surprising turn of events, Tesla, once the leader in global electric vehicle (EV) sales, faced a setback as Chinese automaker BYD claimed the top spot in the fourth quarter of 2023. The competition from Chinese electric car brands has led Tesla to revise its ambitious sales targets, causing a 7.5% drop in Tesla…
SpaceX, the aerospace manufacturer led by multi-billionaire Elon Musk, is under scrutiny as it faces allegations of unlawfully firing eight employees who openly criticized Musk’s leadership. According to a complaint filed by a regional official at the National Labor Relations Board (NLRB), the workers sent an open letter to SpaceX executives in 2022 outlining their…
A federal judge has ruled that X, formerly known as Twitter, must proceed to face a lawsuit accusing the company of reneging on promised bonuses for its staff after being acquired by billionaire Elon Musk in October 2022. The judge dismissed X’s motion to dismiss the case, allowing the lawsuit to move forward. Employees of…
In a heated tirade, Tesla and SpaceX CEO Elon Musk has vehemently criticized companies participating in an advertising boycott of X (formerly Twitter), warning that their actions may lead to the demise of the social media platform. Speaking at the New York Times’ DealBook Summit, Musk accused advertisers, including Disney, Apple, and Comcast, of attempting…
A significant number of major advertisers have pulled their support from X, the social media platform led by Elon Musk, following his recent endorsement of an antisemitic conspiracy theory aligned with White supremacists. The high-profile withdrawal includes global media giants such as Disney, Paramount, NBCUniversal, Comcast, Lionsgate, and Warner Bros. Discovery, the parent company of…
Elon Musk, the owner of X (formerly Twitter), unveiled the arrival of “Grok,” an artificial intelligence-powered chatbot with a penchant for sarcasm, akin to Musk’s own sense of humor. Musk shared the news late Saturday, indicating that Grok is in its initial phases of training, with access to real-time information from the platform, facilitated by…
X, the social media company formerly known as Twitter and now under Elon Musk’s leadership, is facing legal troubles as the National Labor Relations Board (NLRB) has filed a complaint against the company. The complaint alleges that X unlawfully terminated an employee who had encouraged coworkers to resist the company’s return-to-office mandate. According to the…
In a revelation dating back to January 2022, Errol Musk, father of tech mogul Elon Musk, disclosed that he turned down his son’s generous offer to gift him a Tesla car and have it shipped to his residence in South Africa. The decision was based on the considerable expenses associated with shipping and import fees,…
Elon Musk’s X Corp, the parent company of the platform previously known as Twitter, has filed a lawsuit against California’s Attorney General over the state’s new content moderation law. The law, known as AB 587, was signed by California Governor Gavin Newsom in September of the previous year. It mandates that social media companies must…
U.S. highway safety regulators are launching an investigation into a potentially hidden feature within Tesla’s Autopilot software. This feature, informally referred to as “Elon mode,” can reportedly disable the safety prompts that remind drivers to keep their hands on the steering wheel. Authorities are now seeking information from Tesla regarding whether consumers could exploit this…
The anticipated showdown between tech moguls Mark Zuckerberg and Elon Musk appears to be in jeopardy, with Zuckerberg expressing his frustration and signalling a desire to put an end to the saga. Zuckerberg, CEO of Meta, the company formerly known as Facebook, declared that Musk’s commitment to the proposed cage fight lacked sincerity, prompting him…
Some content creators on the social media platform, X, formerly known as Twitter, yesterday, woke up to receive payments for ads displayed on their feeds by the company. The payment, which started in the United States of America last month, saw Nigerian users display various sums received from the micro-blogging platform. The company announced the…
The long-anticipated face-off between tech moguls Elon Musk and Mark Zuckerberg is set to take place on X, formerly known as Twitter, according to Musk’s recent tweets. The platform’s owner shared his preparations for the fight, stating that he would be “lifting weights throughout the day” and confirmed that all proceeds from the event would…
The San Francisco Department of Building Inspection officials made an observation on Monday morning regarding the removal of the new “X” sign on top of the building previously known as Twitter’s headquarters. The department’s spokesman, Patrick Hannan, reported that the sign was being dismantled. This development comes in response to the company being served a…
Kanye West’s Twitter account, now known as Ye, has been reinstated on the social media platform, X (formerly known as Twitter). However, the musician will not be able to monetize his account, and ads will not appear next to his posts, as stated by the company to the Wall Street Journal on Saturday. The account…
In a surprising move, tech mogul Elon Musk, owner of Twitter, has embarked on a radical rebranding campaign, introducing a striking change to the social media platform’s logo. In an early Sunday announcement, Musk declared his intention to replace Twitter’s iconic bird logo with the letter “X.” The transformation began swiftly, as Musk tweeted on…
In a surprising turn of events on Sunday, billionaire entrepreneur Elon Musk took to his official Twitter account to announce some major changes coming to the popular social media platform, Twitter. Musk declared that Twitter would be bidding farewell to its iconic bird logo, replacing it with an “X,” and furthermore, all the birds would…
Elon Musk, the billionaire owner of Twitter, has revealed via Twitter that the platform is still facing financial challenges due to a 50% drop in advertising revenue and a “heavy debt load,” resulting in negative cash flow. In response to a follower’s business advice, Musk tweeted, “Need to reach positive cash flow before we have…
Elon Musk has announced the establishment of a new company, xAI, focusing on artificial intelligence, in his ongoing efforts to create a competitor to ChatGPT. The newly unveiled xAI company has launched a website and assembled a team of twelve employees, with Musk at the helm, and plans to collaborate closely with X (Twitter), Tesla,…
Elon Musk’s persistent Twitter foe, Jack Sweeney, has migrated to Meta’s competing platform, Threads, after launching an account named “elonmusksjet” last week. Sweeney gained attention for his ElonJet Twitter account, which used a bot to track Musk’s private jet, leading to Musk offering him $5,000 to stop posting the jet’s location. In December, Musk permanently…
Twitter’s future hangs in the balance as the launch of rival app Threads from Meta threatens its already struggling business, with the new app surpassing 100 million users in less than a week, raising concerns about Twitter’s ability to retain its audience. Recent data from Cloudflare and Similarweb shows a noticeable decline in Twitter usage,…
Last year brought a series of challenges for Meta CEO Mark Zuckerberg, from the Facebook Papers revelations to skepticism surrounding the company’s rebranding as Meta. However, an unexpected turn of events involving Elon Musk and Twitter shifted the spotlight onto a new battleground, with Zuckerberg emerging as the victor. In the ever-evolving landscape of social…
In less than 48 hours, Meta’s Twitter rival Threads has gained over 70 million sign-ups, prompting concerns about the accumulation of power for Meta and CEO Mark Zuckerberg, as some users worry about a potential monopoly. The success of Threads can be attributed to the dissatisfaction with Elon Musk’s ownership of Twitter and the integration…
Twitter is considering legal action against Meta, the parent company of Facebook, following the launch of Meta’s new Twitter competitor, Threads, signaling Twitter’s view of the app as a significant rival. In a letter sent to Meta CEO Mark Zuckerberg by Twitter’s attorney, it is alleged that Meta engaged in trade secret theft by hiring…
Meta’s newly-launched Threads app attracted 30 million users 24 hours after it was launched, according to Mark Zuckerberg, the CEO of Meta, who described the app as a “friendly” competitor to Twitter, owned by Elon Musk since October; experts believe Threads could appeal to dissatisfied Twitter users due to recent changes on the platform. “Wow,…
Meta, the parent company of Facebook, has launched its latest app, Threads, in a direct challenge to Twitter’s real-time conversation space. The app, which bears many similarities to Twitter in terms of layout and features, aims to provide a platform for real-time conversations and connecting with like-minded people. Meta CEO Mark Zuckerberg expressed his vision…
The rivalry between Mark Zuckerberg and Elon Musk escalates as Zuckerberg’s Meta teases Threads, a new app challenging Twitter’s real-time conversation space, set to launch on Thursday.Threads, resembling Twitter, emphasizes conversations, building a following, and connecting with like-minded people, according to the App Store description. The App Store description of the app offers a clear…
Twitter users in multiple countries encountered difficulties accessing the social media platform on Saturday, leading to widespread outages and delays. The hashtags “#TwitterDown” and “Rate Limit Exceeded” quickly became top trending topics in the US, with over 40,000 tweets about the issue by Saturday noon. Reports of the outages started surfacing around 8 am EST,…
According to a lawsuit filed on behalf of employees, Twitter did not fulfill its commitment to pay annual bonuses to staff following its acquisition by Elon Musk, despite assurances made by executives prior to the deal’s completion. The lawsuit, seeking class action status, was filed by former senior director of compensation Mark Schobinger and estimates…
Tesla CEO Elon Musk expressed his intention to invest in India “as soon as humanly possible” following a meeting with Indian Prime Minister Narendra Modi in New York. Musk emphasized Modi’s interest in India and the push for significant investments from Tesla, stating that they are determining the right timing for the move. While Musk…
Twitter has experienced the departure of its head of trust and safety, Ella Irwin, just weeks before the company is due to undergo a regulatory stress test conducted by European Union (EU) officials, who are closely examining its handling of user content. This development underscores the ongoing challenges faced by the company under the ownership…
Elon Musk has regained his position as the wealthiest individual in the world, according to the latest Bloomberg Billionaires tally. With an estimated net worth of approximately $192 billion, the CEO of Tesla (TSLA) has surpassed the CEO of LVMH (LVMHF), Bernard Arnault, who currently holds a net worth of around $187 billion. Musk and…
Elon Musk, the 51-year-old billionaire and founder of companies like SpaceX and Tesla, has made it clear that he will not be giving control of his companies to his children. Despite being one of the wealthiest individuals in the world, with an estimated net worth of $188 billion, Musk believes it would be a mistake…
Tesla Chief Executive Elon Musk has warned that the electric-vehicle maker is not immune to the global economic environment, which he said will be difficult for the next 12 months. At the company’s annual shareholder meeting on Tuesday in Austin, Texas, Musk spoke about car demand, making more money than competitors in a slow economy…
Twitter’s owner, Elon Musk, recently announced 59-year-old American media guru of Italian descent Linda Yaccarino as the new Chief Executive Officer of the platform. The announcement instantly made Yaccarino the most trending topic on social media, as many comb the internet to dig out facts about her. Here are 10 interesting facts about the new…
Elon Musk has announced that he has found a new CEO to take over Twitter, months after he first promised to step back from the role. The new CEO will take over at X Corp., which was recently changed from Twitter Inc., in the coming weeks. However, Musk did not provide a name. Reports indicate…
Jack Dorsey has openly criticised the leadership of Twitter’s current chief Elon Musk in a new unfiltered response. Commenting on Friday under a discussion on his new social media platform BlueSky, the Twitter co-founder said “it all went south” after the Tesla chief’s purchase of the platform. He said Musk should have “walked away” from…
Twitter CEO Elon Musk has recently announced that the social media platform will enable media publishers to charge users for individual articles with a single click, which he believes will benefit both the public and media organisations. The feature, which will be rolled out this month, will enable users who do not “sign up for…
Since Elon Musk bought Twitter last year, he has not stopped making decisions that have generated controversy and the South African tycoon has implemented many changes that are causing a lot of annoyance to the platform’s users. As reported on Marca, one of the most talked about has been the removal of the blue verified…
Elon Musk has said he’s “personally” paying for Twitter Blue subscriptions for a few celebrities who declined to subscribe themselves. The Twitter chief confirmed that he is paying for the accounts of William Shatner, Stephen King, and LeBron James to have their blue tick verification badges. “I’m paying for a few personally,” the Twitter CEO…
Twitter Inc is no longer an independent company after it was merged with a shell company called X Corp. A court filing revealed that Twitter no longer exists legally and billionaire Elon Musk’s X Corp has absorbed it. As reported on Independent, a court document submitted in a California court on April 4 suggested that…
The Chief Executive Officer (CEO) of popular microblogging company Twitter, Elon Musk, has changed the company’s logo from “doge” meme back to its former classic blue bird logo. The company also removed the “w” in the company’s name at its headquarters in San Francisco.Confirming the changes, Musk on his Twitter account said he would like…
Elon Musk’s electric car maker Tesla says it is expanding in China as it builds a new factory to make its large-scale batteries. The plant in Shanghai will be able to produce 10,000 of its “Megapack” energy storage units a year, the firm says. A Megapack is a very large battery that can be used…
Twitter’s traditional bird icon was booted and replaced with an image of a Shiba Inu, an apparent nod to dogecoin, the joke cryptocurrency that CEO Elon Musk is being sued over. As reported on CNN, Musk addressed the change, tweeting, “as promised” above an image of a year-old conversation in which another user suggested that…
Octopus, a bowl of ice cream, eight oatmeal biscuits, and a donut. It’s an unusual order, but one you may hear if you went for breakfast with some of the biggest names in the corporate world. Elon Musk is not only using Twitter to update users on company news, insult Bill Gates, and reveal Tesla…
As the days pass, the production start date of the Cybertruck approaches. As reported on The Street, this futuristic pickup truck developed by Tesla (TSLA) is undoubtedly the most anticipated vehicle of the last decade. No vehicle had generated so much excitement, fueled in part by thundering statements from Elon Musk, CEO of Tesla, and…
Elon Musk and a group of artificial intelligence experts and industry executives are calling for a six-month pause in developing systems more powerful than OpenAI’s newly launched GPT-4, in an open letter citing potential risks to society and humanity. Earlier this month, Microsoft-backed OpenAI unveiled the fourth iteration of its GPT (Generative Pre-trained Transformer) AI…
Parts of the source code which underpins multi-billionaire Elon Musk’s social media platform have been leaked online, Twitter says. It says the code was posted on GitHub, a Microsoft-owned service where software developers share code. It has now been taken down after Twitter requested its removal. Separately, Mr Musk has reportedly signalled to Twitter workers…
Twitter chief executive Elon Musk has apologised over an exchange he had on the platform with an employee. It came after worker Halli Thorleifsson tweeted to Mr Musk saying: “Your head of HR is not able to confirm if I am employed or not”. Mr Musk responded by asking: “What work have you been doing?”…
Tesla founder Elon Musk regained his title as the world’s richest person on Monday. This was reported by Bloomberg. In December 2022 he was dethroned by Louis Vuitton CEO Bernard Arnault, but the rise in value of Tesla shares brought him back to the top of the rankings. As reported on MARCA, Musk’s net worth…
Elon Musk has reclaimed the title of the richest person in the world, per Bloomberg’s tally. As reported on CNN, the Tesla CEO was unseated from the top spot by Bernard Arnault, CEO of French luxury brand LVMH (LVMHF), in December of last year, making Musk No. 2 on the list for more than two…
For the moment at least, Elon Musk is working at Tesla for free. Depending on how you look at it.Musk still has the potential to continue pulling in staggering sums of money, thanks to Tesla, but not in the way that his regular workers make their money. That’s because the CEO hasn’t taken any kind…
Tesla chief executive Elon Musk says he donated around $1.95bn (£1.6bn) worth of shares in his electric carmaker to charity last year. As reported on BBC, the donation of 11.6 million shares was described in a filing with US regulators as “a bona fide gift”. The filing did not name the recipient, or recipients, of…
As potential buyers for Manchester United continue to line up, a certain eccentric billionaire is reportedly kicking the tires on the historic European soccer club. As reported on Front Office Sports, Elon Musk is “believed to be monitoring the situation closely” and weighing putting in a bid for the club ahead of Friday’s deadline, per…
Tesla co-founder Elon Musk has been cleared of wrongdoing for a tweet in which he said he had “funding secured” to take the electric carmaker back into private ownership. Shareholders argued he misled them with his posts in August 2018, and they had lost billions of dollars because of them. The proposed $72bn (£60bn) buyout…
An auction for hundreds of items at Twitter’s San Francisco HQ has just ended. A statue of the platform’s famous bird logo has claimed the most expensive item sold, coming in at $100,000 (£81,000). Viewers online noted that some of the used items were no bargain, as they were selling for more than retail. The…
While still grappling with the fallout from a company he did take private, beleaguered billionaire Elon Musk is now facing a trial over a company he did not. As reported by Aljazeera, long before Musk purchased Twitter for $44bn in October, he had set his sights on Tesla, the electric automaker where he continues to…
Elon Musk was the second person ever to amass a personal fortune of more than $200 billion, breaching that threshold in January 2021, months after Jeff Bezos. The Tesla Inc. chief executive officer has now achieved a first of his own: becoming the only person in history to erase $200 billion from their net worth….
Twitter owner Elon Musk has confirmed that he will step down as the company’s CEO, but only when he identifies a successor, directly addressing for the first time a Twitter poll he created this week in which millions of users voted for his ouster. In a tweet, Musk said he would resign “as soon as…
Is Elon Musk resigning as “chief Twit” or not? That’s the question remaining to be answered this Monday evening, more than 12 hours after an unscientific poll posted by the Twitter CEO resulted in 57.5% of participants voting that he should step down as head of the beleaguered social media company. The move came after…
Twitter’s owner Elon Musk is asking users of the social media platform to vote on his future as its chief executive. In a poll to his 122 million followers, he tweeted: “Should I step down as head… I will abide by the results.” The technology tycoon, who also runs Tesla and Space X, has faced…
New Twitter owner Elon Musk offered several of the journalists he banned from the social media website earlier this week the ability to return to the platform if they deleted the tweets he falsely claimed shared his “exact real-time” location. The move from Musk came after he posted an unscientific poll on his personal Twitter…
Multi-billionaire Elon Musk has sold another 22 million shares, worth around $3.58bn (£2.9bn), in the electric car maker Tesla. The shares were sold on the Monday, Tuesday and Wednesday this week, according to a filing with a US financial regulator. It brings the total of Tesla stocks sold by Musk over the past year to…
Elon Musk has officially lost his spot as the world’s richest person to Bernard Arnault, the Chairman and CEO of French luxury conglomerate, LVMH Moet Hennessy Louis Vuitton as reported by The Whistler. According to the Forbes real-time billionaires list, Bernard Arnault and family are now worth $191 billion while Musk is worth $174.9 billion….
Elon Musk joined Dave Chappelle on stage Sunday in San Francisco, home of Twitter’s headquarters where the world’s richest person recently laid off many of its employees. It went about as well as you’d expect. As reported by the CNN, the crowd at the Chase Center loudly booed Musk, who had spent much of the…
Elon Musk doesn’t miss an opportunity to take a pop at the President of the United States, Joe Biden, doing so every time he alludes to the electrification of the American automotive industry. As reported by MARCA, this time, Tesla’s CEO has chosen his new ‘toy’, Twitter, to respond to a message from the American…
Kanye West has been banned from Twitter again and accused of “inciting violence” over offensive tweets – a month after his account was reinstated. As reported by the BBC, the US rapper, who now goes by the name Ye, posted a series of erratic tweets – one of which appeared to show a symbol combining…
Elon Musk has said Apple has halted most of its advertising on Twitter and accused the company of threatening to remove the platform from its app store. As reported by the BBC, the feud comes as many companies have halted spending on Twitter amid concerns about Mr Musk’s content moderation plans for the site. Apple…
Black Twitter is mourning the possible end of the influential community they found on Twitter more than a decade ago, but users are split between finding a new app or staying put. “I’m not ready to go because I feel like that’s the case with a lot of things. Black people bring culture, community and…
When Elon Musk took over Twitter, firings were the talk of the town. Contractors were laid off in mass with minimal notice. However now, it seems like the tables have turned. Owing to Musk’s “extremely hardcore” environment, hundreds of Twitter employees have put down their papers. JUST IN: Hundreds of Twitter employees resign following Elon…
Elon Musk has told Twitter staff that they must commit to working “long hours at high intensity” or else leave the company, according to reports. In an email to staff, the social media firm’s new owner said workers should agree to the pledge if they wanted to stay, the Washington Post reported. Those who do…
Just days after Twitter laid off thousands of employees, a number of top executives from teams working on privacy and security at the platform have reportedly resigned. As reported by CNN, Twitter’s chief information security officer announced their resignation on Thursday, vacating one of the company’s most critical roles just as scrutiny is mounting over…
Twitter has fired nearly all its staff in Ghana, which was home to its only office in Africa. As reported by the BBC, the firm “is re-organising its operations as a result of a need to reduce costs,” read Twitter’s email. The layoffs were part of a global staff cull introduced by new boss Elon…
Tesla boss Elon Musk has sold another 19.5 million shares of the electric car maker worth $3.95bn (£3.4bn), filings with the US financial watchdog show. As reported by the BBC, the news comes less than two weeks after the world’s richest man completed his $44bn takeover of Twitter. Tesla’s share price has fallen by more…
Twitter has launched an updated version of its iOS app that promises to allow users to pay a monthly subscription to receive a blue checkmark on their profiles, a feature that Elon Musk, the company’s new owner, has proposed as a way to fight spam on the platform. As reported by CNN, the app’s latest…
The three top Twitter executives whom Elon Musk fired Thursday will walk out the door with about $187 million of Musk’s money. As reported by CNN, former CEO Parag Agrawal, former CFO Ned Segal and former Chief Legal Officer Vijaya Gadde were ousted after Musk took control of the company late Thursday, according to a…
Elon Musk has taken ownership of Twitter Inc with brutal efficiency, firing top executives but providing little clarity over how he will achieve the ambitions he has outlined for the influential social media platform, as reported by Reuters. “The bird is freed,” he tweeted after he completed his $44 billion acquisition on Thursday, referencing Twitter’s…
Elon Musk’s on-again off-again plan to buy Twitter is on track to culminate in the billionaire taking control of the company this week. As reported by TechCrunch, Musk is expected to close the deal by Friday, October 28, putting him officially in charge of one of the most prominent social networks in the world. Musk…
The White House has said that Elon Musk’s recent deals, including his takeover of Twitter and operations of Starlink internet in Ukraine, are not under national security review. As reported by Gizmodo, while that would seem like a denial of the original reports from last week by Bloomberg News about the deals, there’s seemingly still…
The $44 billion acquisition of Twitter Inc. by Elon Musk is the subject of a federal inquiry, the social media firm revealed in a court document made available on Thursday. As reported b Marca, Twitter claimed that it had been requesting Musk’s attorneys to reveal their correspondence with federal authorities for months but they had…
The world’s richest man, Elon Musk through one of his companies “The Boring Company” has sold nothing less than 10,000 bottles of his newly launched fragrance, the Burnt hair perfume, at $100 each making $1million in the process. The billionaire had in September hinted that the Boring Company, an American infrastructure and tunnel construction services…
The countdown is now on for Elon Musk and Twitter to close their $44 billion acquisition deal by October 28 or be forced to again prepare for a trial after a judge agreed on Thursday pause the legal proceedings. As reported by CNN, what everyone is now waiting on: Musk needs to actually have the…
It was beginning to feel like Elon Musk and Twitter were locked in an eternal dance. As reported by BBC, it suddenly came to an abrupt end – for now at least – with a short, succinct letter from Musk’s lawyers to Twitter’s, which announced that he intended to buy the firm after all, and…
A Delaware judge ruled Wednesday that American billionaire Elon Musk can include claims made by Twitter whistleblower, Peiter Zatko in his countersuit justifying his withdrawal from his $44 billion deal to buy the social media company. As reported by Forbes, the court, however, denied Musk’s request to move back the high-profile trial between Musk and…
Twitter’s former Had of Security, Peiter Zatko has become a whistleblower after he accused the company of having major security problems, as reported by Marca. Interestingly, this has become the single most important finding for American billionaire, Elon Musk’s legal team that was attempting to get their client out of buying the company. Recall that…
American billionaire and businessman, Elon Musk tweeted earlier this week where he said, “I’m not buying any sports teams”, referring to the viral post about him purchasing Manchester United a joke. The world’s richest man has a habit of posting provocative statements on Twitter for fun and Musk was at it again when he told…
During the Black Hat security conference in Las Vegas, a cyber-security researcher from Belgium, Lennert Wouters managed to hack Elon Musk’s Starlink internet system for the first time ever by using just a $25 dollar device he made at home. Starlink operates using user terminals or satellite dishes located at homes and businesses, and this…
American businessman and Tesla boss, Elon Musk has sold another 7.92 million shares in the electric car maker, worth around $6.88bn (£5.7bn), as reported by BBC. The sales took place after the firm’s annual shareholder meeting last week, regulatory filings show. Musk says he needs the money in case he is forced to buy Twitter…
American businessman and Tesla CEO, Elon Musk has denied having an affair with Nicole Shanahan, the wife of Google co-founder, Sergey Brin. Musk’s comments comes after the Wall Street Journal reported that his friendship with Brin had ended over the alleged affair. Shortly after a link to the story was posted on Twitter, Musk dropped…
Social media giant, Twitter has revealed that it spent $33m (£27m) on Elon Musk’s proposed deal to buy the firm between April and June 2022. It also said its number of monthly daily users had risen to 237m – but it reported a net loss of $270m, which was worse than expected. It would be…
Barely a year after Tesla announced a major investment in Bitcoin, the company has now sold off most of its holdings of the cryptocurrency. At the end of 2021, Tesla offloaded 75% of its Bitcoin, which was worth about $2bn (£1.7bn) at the time. This saw the electric car company backing away as the value…
A judge in the United State has ordered that the lawsuit between social media giant, Twitter and American billionaire and businessman Elon Musk go to trial in October 2022. This comes as a blow to Musk who had earlier asked for a postponement in the commencement of the trial with his team citing complexities. Twitter…
American billionaire and businessman, Elon Musk’s chances of winning the lawsuit filed against him by Twitter appears to have taken a precarious position with the appointment of the judge in the trial, a legal expert has submitted. Kathaleen McCormick has appointed herself to oversee Twitter’s lawsuit in the Delaware Chancery Court, which followed Musk’s decision…
American billionaire and businessman, Elon Musk has officially been sued by Twitter after the tech mogul announced they he is backing down from his $44bn offer to buy the platform, as reported by Marca. Last week, Musk sent the Twitter board a letter where he revealed that the reason he was backing down was down…
Twitter shares have suffered a drop after Elon Musk announced his decision to pull out of a $44 billion (£36bn) deal to buy the social media platform. Twitter’s share price stood at about $32.64 as Monday trading closed – falling further below the $54.20-a-share takeover price agreed by Mr Musk and Twitter’s board in April….
Billionaire businessman, Elon Musk has responded to Twitter’s move to file a lawsuit against him by tweeting out a meme of him laughing shortly after Twitter reportedly instituted a move to sue him for dropping his $44 billion takeover bid of the company. The post has a series of four photos of the Telsa founder…
American billionaire businessman, Elon Musk has pulled out of the deal to buy Twitter as he seeks to officially end his $44bn (£36bn) bid to buy the social media brand on the heels of alleged multiple breaches of the agreement. It would be recalled that Musk had explained that he backed out because Twitter failed…
A new report by Business Insider claims billionaire businessman, Elon Musk secretly fathered a set of twins late 2021 with Shivon Zilis, one of his top executives. According to Business Insider, court records it obtained clearly indicate that the Tesla billionaire added Zilis of Neurolink to his family in November 2021. Musk, 51, and Zilis,…
Following the discovery of a “software glitch” in 59,000 Tesla vehicles, German regulators have announced a recall on all the affected vehicles. The recall pertains to Tesla models Y and 3, though it is unclear how many of the 59,000 affected vehicles are registered in Germany, according to Reuters. According to the country’s road traffic…
During his first meeting with Twitter employees, American billionaire, Elon Musk has hinted at potential layoffs if his $44bn (£35.8bn) takeover bid for the social media company is successful. “Anyone who’s… a significant contributor should have nothing to worry about.” Musk had affirmed. During a company-wide video call with Twitter employees, Musk said layoffs at…
