Elon Musk’s net worth dropped by $10 billion following Tesla shareholder approval of his massive compensation package. The vote faced opposition from major investors like New York City Comptroller Brad Lander, who called the deal “ransom” from a “crony board.”
Warner Bros. Discovery is openly considering selling its streaming business, with Paramount emerging as a potential buyer. The deal would merge HBO Max into Paramount+, creating a larger streaming library but likely raising prices. This could mark the end of HBO’s standalone streaming presence after
Shareholders just re-approved Elon Musk’s controversial $56 billion compensation package. The vote comes after a Delaware court voided the original 2018 agreement. Critics see this as another sign of market irrationality.
D.A. Davidson analyst Gil Luria warns that several AI-related stocks could be vulnerable if OpenAI can’t meet its massive spending commitments. The company has signed billion-dollar deals with Oracle, Broadcom and AMD while projecting no profitability until 2029. Recent comments from OpenAI executiv
Sam Altman believes AI will be running entire companies within “some small single digit number of years.” The OpenAI CEO even suggests his own company should be the first to have an AI CEO. He sees this as inevitable, with the main barrier being human reluctance to trust AI systems.
Gears of War 2 turns 17 years old today, yet Microsoft continues to ignore it for remaster treatment. While Gears of War: Reloaded just launched and Halo: Campaign Evolved is coming next year, this franchise-defining sequel remains trapped on Xbox 360 hardware with dated visuals and empty multiplaye
DoorDash corporate employees, including executives, must make deliveries at least four times annually through the WeDash program. This hands-on experience has led to significant app improvements, including a redesigned home screen for gig workers. The program helps identify issues that would never s
The AI company is expanding to five European hubs as EMEA revenue grows more than 9x in the past year. Competition for top engineers is intensifying across the continent.
Tesla shareholders just approved what could become a $1 trillion compensation package for Elon Musk. The deal only became possible after Tesla reincorporated in Texas, which passed laws making it nearly impossible for shareholders to challenge corporate decisions. This marks a dangerous trend in cor
NASA is launching its ESCAPADE mission aboard Jeff Bezos’ Blue Origin rocket next week. The mission will test a pioneering new route to Mars that could solve the biggest bottleneck in human colonization of the Red Planet.
