Judge won’t automatically approve Elon Musk’s $1.5M agreement with SEC regarding Twitter disclosures
Judge Delays Approval of Musk’s SEC Settlement A federal judge declined to immediately validate a $1.5 million settlement between the Securities and Exchange Commission (SEC) and Elon Musk regarding his Twitter acquisition. The judge is seeking additional details to assess the deal’s fairness and the context in which it was made. This settlement stems from […]
Shivon Zilis, mother of Elon Musk’s children and a former board member at OpenAI, gives testimony in a significant case.
Siobhan Gillis Testifies in Lawsuit Against OpenAI Siobhan Gillis, Elon Musk’s partner and mother of his four children, took the stand on Wednesday in a high-profile lawsuit against OpenAI. Her testimony raised intriguing questions about whether she had shared information with Musk during her tenure on the board of directors at OpenAI. “I was committed […]
Elon Musk’s lawyer questions OpenAI President Greg Brockman about the $30 billion investment in AI ‘charity’
Trial Between Elon Musk and OpenAI’s Leadership A lawyer for Elon Musk has questioned OpenAI president Greg Brockman about his substantial $30 billion wealth acquired through alleged philanthropic efforts during the ongoing trial involving Musk and OpenAI CEO Sam Altman. The federal trial has now entered its second week, bringing significant attention to OpenAI’s leadership […]
Judge Stops Elon Musk’s Case Against OpenAI from Becoming an AI Trial
Third Day of Musk’s Testimony During the third day of testimony from Elon Musk in the ongoing legal battle involving OpenAI and its CEO, Sam Altman, Judge Yvonne Gonzalez Rogers frequently intervened to keep discussions focused on pertinent legal matters rather than broader concerns about AI’s risks to society. The lawsuit, which marks a culmination […]
Elon Musk’s anticipated court clash with Sam Altman ready to reveal secrets from Silicon Valley.
Elon Musk and Sam Altman Face Off in Court The long-anticipated lawsuit between Elon Musk and Sam Altman kicked off on Monday in California. As the courtroom drama unfolds, it’s likely to spark plenty of gossip and scandal from the Silicon Valley scene in the days ahead. Both Musk and Altman are central figures in […]
Musk’s lawsuit against OpenAI starts as jury selection kicks off in Oakland.
Elon Musk’s lawsuit against OpenAI, claiming the organization has strayed from its original mission, is set to go to trial on Monday, marking the start of jury selection in federal court in Oakland, California. Musk was one of the co-founders of OpenAI back in 2015 but eventually left the group. He later started his own […]
Tesla Owners Start Legal Action over Elon Musk’s Broken Self-Driving Promises
International Backlash Against Tesla’s Self-Driving Promises Criticism of Elon Musk’s Tesla is intensifying as car owners allege the company charged them significant amounts for self-driving technology that hasn’t materialized. Take Tom Rosavio, for instance. He is a loyal Tesla supporter and has recently turned against Musk. Rosavio bought a Tesla Model S in 2017, shelling […]
Elon Musk’s idea of a ‘universal basic income’ to address job losses from AI confuses economists.
On Friday, Elon Musk stirred conversation by proposing that a “universal high income” from the federal government might be the best strategy to tackle job losses resulting from artificial intelligence (AI). In a post on his platform X, he stated, “Universal high income through checks issued by the federal government is the best way to […]
Major advertisers reach settlement over FTC investigation into alleged boycott of Elon Musk’s X.
Advertising Agencies Settle FTC Investigation Three leading advertising firms have reached a settlement with the Federal Trade Commission (FTC) after an investigation suggested they breached antitrust laws by collaborating to exclude online media platforms with politically contentious content, announced the agencies on Wednesday. Investigators claimed that Dentsu, Publicis, and WPP were diverting clients’ advertising from […]
Amazon acquires satellite company Globalstar for $11 billion to compete with Elon Musk’s Starlink.
Amazon Acquires Globalstar for $11.57 Billion Amazon revealed on Tuesday that it plans to purchase Globalstar in a deal worth $11.57 billion. This move aims to enhance its growing satellite business and better compete with Elon Musk’s Starlink. Tech companies are directing substantial investments towards the lucrative field of satellite connectivity. However, rival companies are […]