In a recent development, a Delaware judge has invalidated the $56 billion pay package of Tesla CEO Elon Musk, citing the company’s board of directors’ failure to demonstrate the fairness of the compensation plan. The news of this decision had a noticeable impact on Tesla’s share price, which dropped approximately 3% in after-hours trading. As
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OpenAI and Common Sense Media have joined forces in a new initiative aimed at educating teens on the safe and responsible use of artificial intelligence (AI). This collaboration seeks to develop AI guidelines and educational materials that cater to the needs of children, educators, and parents. By working together, OpenAI and Common Sense Media aim
In a groundbreaking development, Elon Musk’s neurotech startup, Neuralink, successfully implanted its brain implant device in a human for the first time. Elon Musk took to X, formerly known as Twitter, to announce the news, stating that the patient is “recovering well.” This significant milestone brings us one step closer to a future where individuals
Bitcoin, the leading cryptocurrency, has once again surpassed expectations by breaking above the $43,000 mark. This rise in price comes after a period of volatility, during which bitcoin faced substantial losses following the long-awaited approval of spot bitcoin ETFs. However, it has managed to regain its footing and is now trading higher by nearly 3%,
When Apple introduced the world to the iPhone in 2007, it was met with skepticism and doubt. However, over the past two decades, the iPhone has proven to be a truly transformative device, revolutionizing the smartphone market and propelling Apple to unprecedented heights of success. With over 2.3 billion units sold and 1.5 billion active
Intel, one of the leading chipmakers in the world, experienced a significant drop in its share price, falling 12% on Friday. This decline marked the steepest drop since July 2020. The catalyst behind this downward spiral was Intel’s forecast for the current quarter, which fell well below analysts’ estimates. While Intel’s earnings report showcased impressive
In a shocking revelation, Hewlett Packard Enterprise (HPE) announced on Wednesday that its cloud-based email system had been compromised by the infamous Russian state-sponsored hacking group known as Midnight Blizzard or Cozy Bear. This disclosure was made in a regulatory filing, wherein HPE stated that it was first notified about the breach in December 2023.
In a recent court filing, it was revealed that Binance founder Changpeng “CZ” Zhao’s request to travel to the United Arab Emirates (UAE) was denied by a federal judge. The request was made in relation to the “hospitalization and surgery” of a person in Zhao’s life. Despite offering to post his Binance equity worth $4.5
SAP, the German software company, has recently announced plans to carry out voluntary buyouts or facilitate job changes for 8,000 of its employees as part of a restructuring program for 2024. The company aims to reposition itself for faster growth by focusing on artificial intelligence and cloud technologies. This article delves into the details of
Apple’s Vision Pro generated a buzz when preorders opened, quickly selling out within hours. However, the extended shipping times that appeared soon after may be an indication that demand for the product is waning. According to Ming-Chi Kuo, a top Apple analyst at TF International Securities, shipping times for all models of the Vision Pro