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Page 64 - Latest Updates on Elon Musk

Tesla's German gigafactory to restart next week, says works council head

German police said they believed a letter from a far-left organisation called the Volcano Group claiming responsibility for the fire was authentic

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Updated On : 09 Mar 2024 | 4:30 PM IST

Bernard Arnault replaces Jeff Bezos as world's richest at $197 bn net worth

Bernard Arnault and Jeff Bezos are followed by Elon Musk at the third spot after the latest shuffle. Musk, who had been reigning the first spot for over 9 months, lost the title to Bezos on Tuesday

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Updated On : 08 Mar 2024 | 12:00 AM IST

X planning to remove likes and reposts from content, says Elon Musk

Elon Musk talked about decluttering the content on X, formerly Twitter

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Updated On : 07 Mar 2024 | 7:39 AM IST

Musk agreed ChatGPT maker should become for-profit company, says OpenAI

Elon Musk was an early investor in OpenAI when it was founded in 2015. He co-chaired its board alongside Altman. He said in his lawsuit that he invested tens of millions of dollars in OpenAI

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Updated On : 07 Mar 2024 | 7:39 AM IST

Elon Musk says he won't donate to either US presidential candidate

Musk's comments, however, do not rule out donations to a super political action committee or other political causes

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Updated On : 07 Mar 2024 | 12:02 AM IST

OpenAI claims Elon Musk agreed maker of ChatGPT should become for profit

Musk's lawsuit said that when he funded OpenAI as it was launching, he secured an agreement that the company would remain a nonprofit developing technology for the benefit of the public

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Updated On : 06 Mar 2024 | 10:52 PM IST

OpenAI hits back at Elon Musk's lawsuit, says 'sad it's come to this'

Musk is suing for breach of contract, breach of fiduciary duty and claims of unfair business practices, among other grievances

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Updated On : 06 Mar 2024 | 9:15 AM IST

Tesla CEO Musk meets with Trump as former president seeks 2024 donors

Musk is the world's third richest man but has not been a major political donor, especially considering the size of his fortune, estimated at $192 billion

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Updated On : 06 Mar 2024 | 8:30 AM IST

Elon Musk's X wins lawsuit against music publishers over copyright

Sony Music, Universal Music and other members of the National Music Publishers' Association trade group had sued X last June, seeking more than $250 million of damages

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Updated On : 06 Mar 2024 | 7:26 AM IST

SpaceX faces hearing on engineers fired after criticising Musk over sexism

Starbucks, Amazon.com and Trader Joe's, all of which are facing nationwide union organizing campaigns, have raised similar arguments in pending board cases

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Updated On : 05 Mar 2024 | 11:53 PM IST

Musk loses world's richest person title to Bezos as Tesla shares tumble

Musk's wealth could take a further hit after a Delaware judge struck down his $55 billion pay package at Tesla, where he's chief executive

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Updated On : 05 Mar 2024 | 8:12 AM IST

Banks led by Morgan Stanley discuss refinancing $12.5 bn debt with Musk

Fidelity, which received a stake in X after helping Musk complete his $44 billion purchase, has marked down the value of its position by 72% since the takeover

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Updated On : 05 Mar 2024 | 8:02 AM IST

Ex-Twitter execs including Agrawal sue Musk for $128 mn in severance pay

As soon as he took over Twitter, Musk fired several other top-ranking executives in addition to Agrawal: Vijaya Gadde, who was the company's top legal and policy official

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Updated On : 05 Mar 2024 | 7:41 AM IST

The paradox at the heart of Elon Musk's lawsuit against the OpenAI

Most leaders of AI companies claim that not only is AGI possible to build, but also that it is imminent

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Updated On : 04 Mar 2024 | 12:38 AM IST

Elon Musk's X could face European Union's crackdown on digital dominance

DMA, set to take effect on Thursday, lays out a series of dos and don'ts for likes of Alphabet Inc.'s Google Search, Apple's Safari, Amazon.com Inc. and Meta Platforms Inc.'s Facebook among others

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Updated On : 02 Mar 2024 | 11:53 PM IST

AI firms face growing list of lawsuits as new tools spark fresh questions

The lawsuit filed Thursday adds to a growing list of legal complaints against the ChatGPT maker in recent months

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Updated On : 02 Mar 2024 | 8:09 AM IST

'Categorically disagree' with Elon Musk's lawsuit, says AI startup OpenAI

In a separate memo, also seen by Bloomberg, Altman called Musk a hero of his and said he misses the person he knew who competed with others by building better technology

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Updated On : 02 Mar 2024 | 7:43 AM IST

Lawyers who killed Elon Musk's $56 bn pay package seek Tesla stock

Austin-based Tesla, with a $645 billion valuation, is among the largest companies in the world by market cap

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Updated On : 02 Mar 2024 | 7:39 AM IST

Elon Musk sues OpenAI, chief executive Sam Altman for abandoning mission

Musk co-founded OpenAI in 2015, but stepped down from its board in 2018. He also runs electric vehicle maker Tesla and rocket maker SpaceX and bought Twitter for $44 billion in October 2022

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Updated On : 01 Mar 2024 | 11:04 PM IST

SpaceX plan to provide communication svcs to Vietnam over Starlink on hold

A Vietnamese official confirmed that SpaceX and information ministry representatives had held several meetings from at least the middle of last year until November 2023

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Updated On : 29 Feb 2024 | 12:40 PM IST