ToplineNorway’s sovereign wealth fund—a key Tesla shareholder—on Tuesday announced it will vote against the electric carmaker’s proposed new compensation package for CEO Elon Musk, marking the latest investor pushback against the lucrative pay deal, which will be worth around $1 trillion if the company achieves a set of ambitious goals over the next decade. The…
ToplineNorway’s sovereign wealth fund—a key Tesla shareholder—on Tuesday announced it will vote against the electric carmaker’s proposed new compensation package for CEO Elon Musk, marking the latest investor pushback against the lucrative pay deal, which will be worth around $1 trillion if the company achieves a set of ambitious goals over the next decade. The…
This year’s Asia’s Power Businesswomen list highlights 20 accomplished leaders who are at the forefront of the region’s fast-evolving business and economic landscape. The roll call of trailblazers, hailing from a dozen countries and territories, includes those playing key roles in powering the AI and advanced tech boom by heading up companies in sectors such…
Medical technology. Doctor holding health icon with dna, electronic medical record. Digital healthcare and research with global network connection on hologram virtual screen, insurance, digital health technologygettyNew research from DeepMind and Yale University has created AI that now generates biological hypotheses that can lead to new medical discoveries. The collaboration between recently produced C2S-Scale 27B,…
ToplineElon Musk’s net worth eclipsed $500 billion again Tuesday as Tesla’s shares have risen in recent days, as the automaker appeared to benefit from warming trade negotiations between the U.S. and China, which accounts for more than one-fifth of Tesla’s sales. Tesla’s stock has risen in recent days as trade negotiations between the U.S. and…
Bitcoin has swung wildly this month as Elon Musk suddenly sets alarm bells ringing and warnings of an
ToplineFirst Lady Melania Trump’s $MELANIA memecoin is now under legal scrutiny, as a court filing this week alleges the cryptocurrency is part of a broader fraudulent “pump-and-dump” scheme meant to enrich a small number of insiders and the first lady was duped into making the fraudulent scheme seem more credible. First Lady Melania Trump speaks…
ToplineElon Musk took aim at Transportation Secretary Sean Duffy in a series of social media posts Tuesday, accusing the acting NASA administrator of having a “2 Digit IQ” and claiming he was “trying to kill” NASA—after Duffy suggested NASA might drop Musk’s SpaceX as a contractor for an upcoming manned moon mission. WASHINGTON, DC -…
ToplineApple overtook Microsoft as the world’s second-most-valuable- company Monday after a stock rally fueled by heightened demand for the iPhone 17, the tech giant’s latest flagship model, pushed the tech behemoth’s market cap near the $4 trillion mark for the first time ever. Apple shares traded up over 4% Monday. (Photo by Annice Lyn/Getty Images)Getty…
ToplineThe star-studded annual gala for the Academy Museum of Motion Pictures in Los Angeles brought an array of dazzling jewelry pieces and high-dollar watches to the red carpet, including a 41.93-carat Australian black opal necklace worn by actress Lucy Liu. Lucy Liu attends the 5th Annual Academy Museum Gala wearing the “Lillian” necklace by designer…
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