Elon Musk's latest Tesla pay valued at $158bn - but he can't pocket it
Musk must meet a range of ambitious milestones at Tesla to justify the monster pay packet - so far he has not.
Musk must meet a range of ambitious milestones at Tesla to justify the monster pay packet - so far he has not.
Elon Musk made repeated references to an AI "Terminator" scenario while testifying before a California federal jury about ...
Tesla Inc. tallied up Elon Musk’s annual compensation for the first time since shareholders approved his moonshot pay package ...
The CEO made 2.5 million times more than the median employee at Tesla in 2025. But that’s not the full story.
Since Tesla didn’t reach any of the market value or operational targets set last year, Musk’s total realized compensation was zero.
Tesla spent about $4.8 million on Elon Musk's security in 2025, up from $2.8 million the year before, according to an SEC filing.
Judge Yvonne Gonzalez Rogers sounded pretty annoyed at Musk's repeated Terminator references: "We're not going to talk about extinction in this case."
Elon Musk spent the better part of three days on the stand, accusing OpenAI and its executives of deceiving him into donating ...
Nebius Group, the Dutch cloud computing company that split from Russian internet provider Yandex in 2024, has agreed to acquire Eigen AI for approximately $643 million in stock and cash. The deal, announced on 1 May, is for a 20-person startup founded by alumni of MIT’s HAN Lab. In a market where the largest AI […]This story continues at The Next Web
The Pentagon announced on 1 May that it has signed agreements with Nvidia, Microsoft, Amazon Web Services, and Reflection AI for expanded use of advanced artificial intelligence on classified military networks. The deals bring the total number of companies with such agreements to seven, following similar arrangements with SpaceX, OpenAI, and Google, which signed its own […]This story continues at The Next Web
Founders Fund, the venture capital firm co-founded by Peter Thiel, closed a $6 billion growth fund on 1 May, its largest ever and its fourth dedicated late-stage vehicle. The majority of the capital, $4.5 billion, came from limited partners including sovereign wealth funds. The remaining $1.5 billion came from the firm’s own partners and employees, […]This story continues at The Next Web
The deals come as the DOD has doubled down on diversifying its exposure to AI vendors in the wake of its controversial dispute with Anthropic over usage terms of its AI models.
When Iran closed the Strait of Hormuz on 27 March, following weeks of US and Israeli air strikes, Brent crude hit $126 a barrel and the World Bank warned that energy prices would surge by 24 per cent, the largest increase since the Russia-Ukraine shock of 2022. For most oil-importing nations, this was an economic […]This story continues at The Next Web
A group of hacktivists have claimed responsibility for a distributed denial-of-service attack, which has affected several Ubuntu and Canonical websites, and prevented users from updating the Linux-based operating system.
Presented by TeamViewerEnterprise technology failures are largely invisible. Research from TeamViewer, based on a global survey of 4,200 managers and employees, finds that the majority of digital dysfunction never reaches the IT help desk. Employees work around slow applications, failed logins, and intermittent glitches rather than reporting them, leaving organizations without an accurate picture of how their technology is performing. The cumulative cost is significant: employees lose an average
The company saw a 30% year-on-year jump in the number of people using search every week, CEO Steve Huffman said on Thursday.
For the first time in the 25-year history of the World Press Freedom Index, more than half of the world’s countries now fall into the “difficult” or “very serious” categories for press freedom. The share is 52.2 per cent, up from 13.7 per cent when Reporters Without Borders first published the index in 2002. The […]This story continues at The Next Web
Netflix can afford to lose this case. The company reported $12.25 billion in revenue in the first quarter of 2026, a 16 per cent increase from the prior year, with net income of $5.28 billion. It has 325 million paying subscribers worldwide. In March, it raised prices again, pushing the Premium plan in the United […]This story continues at The Next Web
SpaceX has spent more than $15 billion developing its Starship megarocket and is pushing for a launch cadence that would make space access resemble an airline schedule rather than a government programme, Reuters reported on Friday, drawing on the company’s confidential pre-IPO prospectus. The figure quantifies, for the first time, the cumulative cost of the […]This story continues at The Next Web
In January 2026, a new AI-generated micro-drama went live on a Chinese streaming platform every 90 seconds. By March, approximately 50,000 AI-native titles had been added to Douyin in a single month. The production cost was roughly one-tenth of a live-action shoot. The usable rate of AI-generated footage had climbed above 90 per cent. And […]This story continues at The Next Web