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We’ve finally learned the result of a controversial, long-awaited vote that’s generated reams of punditry and put Wall Street on edge. No, I’m not talking about the mayoral election in New York City—I’m talking about the Tesla shareholder vote on Elon Musk’s gigantic compensation package. Musk won with over 75% of the vote, Tesla said at its annual meeting at the company’s Gigafactory in Texas on Thursday. The package will award him up to $1 trillion worth of additional Tesla shares over the next decade if.
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Meta goosed its revenue by targeting users likely to click on scam ads, docs show. Read more ›
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Record package of shares approved by 75% majority, reinforcing billionaire’s control of the electric-car maker Read more ›
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Tesla investors back Musk pay despite his busy schedule running other companies. Read more ›
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The unprecedented pay day will go into full effect by 2035—as long as Tesla hits ambitious financial and production targets. Read more ›
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Tesla’s shareholders have voted in favor of a compensation plan that could see CEO Elon Musk become the world's first trillionaire. The potential incentives were laid out in September, and the company's shareholders have agreed to allow this all-or-nothing package for its chief exec, who spent the first half of this year decimating the US federal government rather than working on any Tesla-adjacent projects. The compensation plan lists several targets... Read more ›
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Meta is making billions of dollars every year from ads marketing scams and illegal products on its platform, according to a new report from Reuters. The report details the staggering numbers behind scam ads on Meta's platform, and raises fresh questions about why the company has failed to get the problem in check. Last year, Meta estimated that scam ads could account for as much as 10 percent of its... Read more ›
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Whether you’re buying your first pair of AirPods or replacing a well-used older pair, it’s easy to understand why so many iPhone owners prefer Apple’s earbuds and headphones over other options. Apple has spent years gradually adding new features that work best — and sometimes only work at all — with the company’s own devices. […] Read more ›
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If you're upgrading to a new iPhone 17 or installing the latest operating system, you'll save yourself a lot of trouble by making a good backup first. Here's how to do it. Read more ›
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Tesla's board will "examine" investing in xAI, which is also owned by Musk, after more shareholders voted to support the decision than those against. Read more ›
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Tonight, 6th November 2026, Take-Two Interactive published its latest financial report, and it had some pretty large revelations about the upcoming game GTA 6. The headline news: instead of launching on 26th May, 2026, the game has been pushed back about half a year to 19th November, 2026. This has also been confirmed by tweets from the offical Rockstar Games social media accounts. Read more Read more ›
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Nvidia CEO Jensen Huang said that China will win the AI race because of its abundance of power and the fact that the U.S. is losing out on the chance for its hardware to become the standard tool that Chinese AI developers use. Read more ›
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A strong G3 magnetic storm is pushing the aurora further south than it's been since June 2025. Read more ›
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ChatGPT maker is not seeking a US federal financial backstop for its $1.4tn investment binge, CEO says Read more ›
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Coffee Meets Bagel hosted an offline event featuring singles — and their friends — psyched about using short PowerPoints to find The One. Read more ›
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Vince Gilligan's "Pluribus," starring Rhea Seehorn, is shrouded in secrecy. Here's one thing that isn't a secret: It rocks. Read more ›
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The FBI has subpoenaed popular Canadian domain registrar Tucows, demanding information about the owner of archive[dot]today, a popular archiving site used to bypass paywalls and avoid sending traffic to original publishers. The subpoena states it relates to a federal criminal investigation but provides no details about the alleged crime. Archive.today posted the document on X the same day. The site, also known as archive.is and archive.ph, started in the early... Read more ›
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Brendan Pon, 36, said he and his wife wanted to be hands-on parents who were present for their kids' early years. Read more ›
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Norway’s sovereign wealth fund plans to vote against Tesla’s proposed $1 trillion CEO compensation package for Elon Musk, the fund said on Tuesday. Norges Bank said in a disclosure that it was “concerned about the total size of the award, dilution, and lack of mitigation of key person risk.” The ... Read more ›
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Before we get to today’s column, OpenAI is continuing its trend of diversifying its cloud compute providers away from Microsoft. Monday morning, the ChatGPT maker announced that it has signed a seven-year, $38 billion cloud deal with Amazon Web Services. OpenAI will immediately start using compute from AWS, with the goal to deploy all capacity before the end of next year, with the option to use even more compute into... Read more ›
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Decagon, which develops AI for automating customer service, is discussing raising equity funding from new investors at a valuation of $4 billion to $5 billion, according to two people with direct knowledge of the deal. The discussions come just five months after the company announced financing at a $1.5 billion valuation. The deal discussions suggest investor interest is still high for one of the most promising and increasingly crowded fields... Read more ›
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Stock market investors fell in love with crypto this year, setting off a big rally in public markets. Now the buying frenzy has rebounded back to privately held companies like crypto exchange Kraken and payments firm Ripple, whose valuations have soared. Kraken, one of the oldest crypto exchanges, is raising money at a $20 billion valuation, according to a person familiar with the matter, after getting $500 million in new... Read more ›
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OpenAI’s revenue could reach $100 billion in 2027, Sam Altman said on a podcast published Friday with Altimeter Capital and OpenAI investor Brad Gerstner. Altman said the ChatGPT maker was already “doing well more revenue,” than $13 billion, an apparent reference to its annualized pace, which ... Read more ›
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One August morning, Kaarage woke up and took the train from the Japanese countryside into the city. She went to a restaurant and enjoyed a lunch of vegetables and soup, as well as an iced coffee. Afterward, she studied a musical score on her iPad, then went home to relax. Kaarage is not a person: She’s an internet-beloved Moflin, an AI-powered robopet made by Casio—yes, Casio—who shares a charming, bucolic... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Inside Benchmark’s high-stakes pressure test • Artificial Intelligence: The VCs who turned vibe code into whimsical passion projects• Artificial Intelligence: Venerable Casio’s surprise hit? An AI robopet • WTF: Behind the scenes at our summit for the most powerful and influential women in tech, media and finance • The Arena: WNBA owner Clara Wu Tsai has a $1 billion plan• Plus, our... Read more ›
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France threatened to ban Shein from selling products in the country after a consumer protection regulator said in a statement it had discovered the fast-fashion giant was selling sex dolls “with a childlike appearance.” France’s economic minister Roland Lescure said Monday that the government ... Read more ›
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In less than a year, AI-assisted coding has become a fixation within Silicon Valley, which sees the companies building such products as some of the most lucrative startups in tech. While tools like Cursor and Anthropic’s Claude Code can’t transform techno novices into app-building wizards overnight, they do make coding faster—and easier for people who have some knowledge of coding but don’t have the same skill as a veteran engineer.... Read more ›
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Last year, Benchmark, the storied venture capital firm, embarked on a lavish courtship of Brendan Foody, founder and CEO of Mercor, a startup that fills a lucrative niche in AI by hiring workers to train AI programs. First, General Partner Victor Lazarte chatted with Foody over Zoom. Then Peter Fenton, the firm’s longest-tenured active GP, took Foody out on his helicopter for a tour around San Francisco. And finally, Benchmark’s... Read more ›
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06.11.2025 23:00
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