Tag: musk’s
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EU accepts action plan by Elon Musk’s X to become more transparent
BRUSSELS, July 15 : The European Union, which fined Elon Musk’s social media network X €120 million ($137.2 million) last year, said on Wednesday it had accepted an action plan by X to comply with transparency rules under the EU’s Digital Services Act.”The European Commission has accepted X’s action plan to
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Elon Musk’s bid to set aside Twitter fraud verdict rejected by US judge
July 6 : A federal judge on Monday rejected Elon Musk’s bid to void a jury verdict finding that the world’s richest person defrauded Twitter investors by trying to drive down the social media company’s stock price after agreeing to a $44 billion takeover.U.S. District Judge Charles Breyer in San Francisco als
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US judge dismisses Musk’s xAI trade secret lawsuit against OpenAI
June 15 : A federal judge on Monday dismissed a lawsuit by Elon Musk’s artificial intelligence company xAI that accused rival Sam Altman’s OpenAI of stealing trade secrets for chatbots.U.S. District Judge Rita Lin in San Francisco said xAI failed to show that OpenAI induced former xAI senior engineer Xuechen
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After record IPO, Musk’s SpaceX faces next test in market debut
June 12 : SpaceX is set to begin trading on Nasdaq on Friday after investors poured $75 billion into the world’s biggest IPO ever, betting that Elon Musk’s lofty space, communications and AI ambitions can justify a $1.77 trillion valuation. The landmark listing cemented Musk’s status as the first trillionaire
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SpaceX IPO makes Elon Musk the world’s first trillionaire
June 11 : Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in internet culture and amassed a fortune that has made him the world’s first trillionaire. At a time when concerns about inequality are high and public a
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Musk’s xAI accused of illegally firing engineer who raised safety concerns
June 10 : A former engineer at Elon Musk’s xAI who now heads a think tank focused on AI safety filed a lawsuit claiming he was fired from the SpaceX subsidiary for raising concerns about the risks artificial intelligence poses to humanity.Devin Kim claims in the lawsuit filed in California state court on Tue
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SpaceX’s stock market blast-off could be Musk’s biggest gamble yet
SpaceX is preparing for a stock market debut that could transform the company, the wider market and Elon Musk’s fortune.
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