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Tag: Elon Musk

Dutch authorities fine Netflix €4.75m over data transparency breach
Tech

Netflix shares drop after Musk’s tweet against LGBTQ kids movie

Netflix Inc. shares fell over two per cent on Wednesday after Elon Musk urged subscribers to cancel their accounts, igniting debate over the company’s content policies and diversity strategy. Musk, the SpaceX, and social platform X owner, posted several messages calling for users to “Cancel Netflix,” adding in another post: “Cancel Netflix for the health […]

Musk's DOGE team allegedly spying on US govt workers
Business

Elon Musk’s net worth hits $500b as Tesla shares rebound

Tesla CEO Elon Musk on Wednesday became the first individual to reach a net worth of nearly $500 billion, driven by a rebound in the EV maker’s stock and soaring valuations of his other ventures this year. As of 4:15 p.m. eastern time, Forbes’ billionaires index put his wealth at $500.1 billion. Musk’s wealth remains […]

US court revives lawsuit against Elon Musk over child porn content
Business

Tesla proposes record $1trn pay package for Musk

Tesla’s board has proposed a $1 trillion compensation plan for CEO Elon Musk in what would be the largest corporate pay package in history, underscoring the hold Musk has over the carmaker as it attempts to transform into an AI and robotics powerhouse. The world’s richest person has consistently asked for a bigger stake in […]

Elon Musk’s xAI secures $10bn in funding to expand AI
Tech

xAI sues Apple, OpenAI over AI competition claims

Elon Musk’s artificial intelligence startup, xAI, has sued Apple and OpenAI in a Texas federal court, alleging the companies conspired to stifle competition in the rapidly expanding artificial intelligence sector. The lawsuit, seeking billions in damages, highlights antitrust concerns over Apple’s integration of ChatGPT into its operating systems. xAI claims that Apple and OpenAI have […]

Tesla grants Elon Musk $29bn in shares
News

Tesla grants Elon Musk $29bn in shares

Tesla has awarded CEO Elon Musk a new share grant worth approximately $29 billion, a move aimed at retaining the billionaire executive as the company pivots from its struggling electric vehicle business toward robotaxis and humanoid robots. The grant, comprising 96 million new shares, is described by Tesla as a “good faith” step toward honoring […]

US court revives lawsuit against Elon Musk over child porn content
News

US court revives lawsuit against Elon Musk over child porn content

A United States federal appeals court on Friday reinstated part of a lawsuit accusing Elon Musk’s social media platform, X (formerly Twitter), of fostering an environment that allowed child exploitation content to thrive. While the court upheld broad legal protections for the platform under Section 230 of the Communications Decency Act, it ruled that X […]

Elon Musk denounces French X probe as politically motivated
News

Elon Musk denounces French X probe as politically motivated

Elon Musk’s social media platform X has accused French prosecutors of pursuing a politically motivated criminal investigation aimed at restricting free speech, as tensions rise between the tech company and French authorities. In a statement posted Monday via its Global Government Affairs account, X claimed that the probe into its platform was “distorting French law […]

xAI fixes Grok 4 after AI bot posts antisemitic content
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xAI introduces ‘Baby Grok’ as Musk targets younger users

Elon Musk has announced that his artificial intelligence company, xAI, is developing a child-friendly AI application named Baby Grok. The tech billionaire disclosed the plan in a post on X, offering no further details about the app’s features or release timeline. The move marks a notable shift for xAI, which earlier this month launched Grok […]

Tesla whistleblower wins legal fight against Elon Musk
Tech

Tesla will not merge with xAI – Elon Musk

Elon Musk on Monday publicly dismissed the idea of a merger between Tesla and his artificial intelligence company, xAI, amid growing speculation over the future alignment of the two entities. Responding to a post by X account @BullStreetBets_—which asked Tesla investors whether they supported a potential merger—Musk replied with a definitive “No,” signaling his opposition […]

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