Investors are clashing over Elon Musk's $56 billion pay package, arguing it is not in Tesla's best interest as the company faces declining sales, slowing EV demand, and a 30% drop in stock price.
Sectors
Russian President Vladimir Putin's Deadly Space Weapon Capable of Destroying Satellites Now Targeting US Tech, Pentagon Warns
The Pentagon is alarmed as Vladimir Putin's newly launched satellite-killer weapon is reportedly tracking US technology in orbit, posing a significant threat to American space assets.
Nestle to Launch Weight Management Food Products Targeting Ozempic, Wegovy Users in Q4 2024
Nestle announced that they would be launching its ‘Vital Pursuit’ food line by Q4 2024, which would target those using the semaglutide drugs Ozempic and Wegovy.
Donald Trump Decides Not to Take the Witness Stand in Hush Money Case, Leaving His Fate up to the Jury
Former President Donald Trump has chosen not to testify in his criminal hush money trial on Tuesday, swiftly bringing his defense to a conclusion and setting the stage for jury deliberations next week.
Disney to Lay Off Nearly 175 Pixar Workers Following Box Office Disappointments and 'Woke' Controversy
Disney's Pixar has announced the layoff of 14% of its workforce, with President Jim Morris informing 175 employees of their termination following multiple box office failures and amid accusations that the company's parent has "gone woke."
Latest News
Electric Vehicles Are Three Times More Likely to Hit Urban Pedestrians Than Fuel Cars, Study Reveals
A BMJ study found electric vehicles are three times more likely to hit urban pedestrians and twice as likely in rural areas compared to petrol or diesel cars.
Macy's increases profit forecast despite cautious consumer spending, driven by successful turnaround plan under CEO Tony Spring.
Chinese scientists at Tianjin University developed a cost-effective aluminum alloy with remarkable strength and heat resistance, revolutionizing aerospace and industrial applications.
Peloton removed Diddy's music from all of its fitness programs due to the rapper's assault controversy.
The new Singapore-Microsoft partnership will help SMEs adopt AI more easily and faster. Here's how this new collaboration will do it.
China will invest billions in the Cyberspace Administration's language model, based on Xi Jinping's ideology. They boast that it is more "secured and reliable" as ChatGPT remains inaccessible in China.
Dubai Airports expects a record surge in passenger traffic this year, projecting over 100 million travelers by 2027, with 91 million anticipated by the end of 2024, despite recent disruptions from severe flooding.
Pixar Animation Studios initiated layoffs affecting 14% of its workforce, approximately 175 employees, as part of a strategic shift away from original streaming series development following a period of expansion for Disney+.
Microsoft, Amazon, OpenAI, and other tech giants have committed to a landmark international AI safety agreement at the Seoul AI Safety Summit, including a "kill switch" to halt AI development if risks cannot be mitigated.
