Aug 06 Musk sues advertisers over alleged boycott after Twitter takeover By Associated Press Elon Musk’s social media platform X has sued a group of advertisers, alleging that a “massive advertiser boycott” deprived the company of billions of dollars in revenue and violated antitrust laws. Continue reading
Jul 12 European Union says blue checks on Elon Musk’s X are deceptive, breach social media laws By Kelvin Chan, Associated Press The European Commission outlined on Friday the preliminary findings from its investigation into X, formerly known as Twitter, under the 27-nation bloc's Digital Services Act. Continue reading
Jun 15 How Elon Musk’s $44.9B Tesla pay package compares to other top U.S. CEO plans By Tom Krisher, Associated Press Even though the median U.S. CEO pay package last year was nearly 200 times more than a worker in the middle of their company pay scales, Elon Musk’s record-setting Tesla compensation dwarfs them by comparison. Continue reading
Jun 13 Tesla shareholders restore CEO Elon Musk’s $44.9 billion pay package in annual meeting vote By Tom Krishner, David Hamilton, Associated Press The favorable vote doesn’t necessarily mean that Musk will get the all-stock compensation anytime soon. The package is likely to remain tied up in the Delaware Chancery Court and Supreme Court for months as Tesla tries to overturn the rejection. Continue reading
Jun 06 4th test flight is the charm for SpaceX’s mega rocket By Marcia Dunn, Associated Press Minutes after Thursday morning's liftoff, the first-stage booster separated from the spacecraft and splashed into the gulf precisely as planned, after firing its engines. Continue reading
Apr 29 Supreme Court rejects Elon Musk appeal over tweets that must be approved by Tesla By Associated Press The Supreme Court has rejected an appeal from Elon Musk over a settlement with securities regulators that requires him to get approval in advance of some tweets that relate to Tesla, the electric vehicle company he leads. Continue reading
Apr 17 Tesla wants shareholders to reinstate $56 billion Musk pay package tossed by a Delaware judge By Tom Krisher, Michelle Chapman, Associated Press In January, Chancellor Kathaleen St. Jude McCormick ruled that Musk is not entitled to a landmark compensation package awarded by Tesla's board of directors that is potentially worth more than $56 billion. Continue reading
Apr 10 Javier Milei, the president of cash-strapped Argentina, starts another U.S. tour and plans to meet Elon Musk By Isabel DeBre, Associated Press President Javier Milei of Argentina has kicked off a visit to the United States, where he'll meet with tech billionaire Elon Musk, as the libertarian leader seeks an infusion of cash to overhaul Argentina's embattled economy. Continue reading
Apr 08 Brazil Supreme Court justice orders investigation of Elon Musk over fake news and obstruction By David Biller, Associated Press Justice Alexandre de Moraes noted that Musk began a "disinformation campaign" regarding the top court's actions, including saying the social media platform X would cease to comply with the court's orders to block certain accounts. Continue reading
Mar 06 OpenAI says Musk agreed the ChatGPT maker should become a for-profit company By Kelvin Chan, Associated Press OpenAI has attacked a lawsuit from Elon Musk, saying he supported making the ChatGPT maker a for-profit company. Musk has sued, accusing the company of betraying its founding goal to benefit humanity as it pursued profits instead. Continue reading