Tesla is currently encountering challenges in obtaining approval for Elon Musk's substantial $56 billion pay package, as mentioned by Tesla's chair. Robyn Denholm described the process of garnering the necessary votes as akin to conquering a daunting task like climbing "Mount Everest." Delaware Judge's Objection A Delaware judge had previously invalidated the proposed … [Read more...]

Neuralink faced a setback when wires from its brain chip retracted, causing malfunctions in its first human patient, as per a recent report. Early Awareness of Risks Before inserting the implant in its first human patient in January, Neuralink was already cognizant of the potential risks associated with the brain-chip implant malfunctioning, according to Reuters. The patient, Noland Arbaugh, … [Read more...]

Waymo, a prominent self-driving car company owned by Alphabet, Google's parent company, has been making waves in the autonomous vehicle industry. Let's delve into how to ride with Waymo, its cost structure, and its accident record. The Origins of Waymo Originally known as the Google Self-Driving Car Project, Waymo is Alphabet's innovative robotaxi service that has been … [Read more...]

China is encouraging its tech giants to opt for locally-produced AI chips instead of those from Nvidia, as per a report by The Information. This move aims to reduce reliance on foreign-made chips and boost the domestic chip industry. Chinese Tech Giants Directed to Prioritize Local AI Chips Major companies like Alibaba, Baidu, ByteDance (parent company of TikTok), and Tencent have been advised … [Read more...]

Elon Musk's strategic maneuvers seem to be aligning with Argentina's libertarian president, Javier Milei, in a bid to secure vital lithium supplies, a key component for electric vehicle (EV) batteries. The Significance of Argentina's Lithium Reserves Argentina boasts the world's second-largest lithium reserves, making it a crucial player in the EV market due to its abundant metal … [Read more...]

Two sisters took legal action against their insurer after receiving a mere $5,000 offer to repair their flooded home following a storm. The outcome? A substantial $18 million victory. Legal Battle and Award Following extensive flood damage to their residence during a February 2019 rainstorm, the sisters, Jennifer Garnier and Angela Toft, filed a claim with American Reliable, their insurance … [Read more...]

Alphabet, the parent company of Google, shattered expectations in the first quarter of 2024, leading to a surge in stock prices. Key revenue drivers such as Google Search, YouTube, Google Cloud, and cutting-edge AI technologies like Gemini demonstrated robust performance. This success story follows a challenging 2023 marked by significant workforce reductions. Alphabet's Quarterly Earnings … [Read more...]

Lucid CEO Peter Rawlinson believes that Chinese automakers are still playing catch-up with Elon Musk's Tesla when it comes to EV technology. Despite the rapid growth of companies like BYD in China, Rawlinson warns that Chinese firms are still years behind in certain aspects. Chinese EV Makers Making Strides, But Not Quite There Yet Rawlinson acknowledged the progress made by Chinese EV … [Read more...]

Equinox, the luxury health club chain, has introduced a new membership program focused on longevity, priced at $40,000 per year. While the program promises to help clients live a healthy life for 100 years, experts suggest that achieving similar benefits can be done without breaking the bank. What Does the $40,000 Equinox Longevity Program Include? The "Optimize by Equinox" program, … [Read more...]

The Federal Deposit Insurance Corporation, known as the FDIC, has come under scrutiny for its alleged 'boys club' culture where senior executives reportedly engaged in romantic relationships with their staff members. An independent report has shed light on the organization's patriarchal atmosphere and its handling of harassment complaints. Issues Highlighted in the Report The 234-page … [Read more...]