Tesla shareholders have overwhelmingly approved a compensation package for CEO Elon Musk that could be worth as much as one trillion dollars in company shares. More than seventy-five percent of shareholders who participated voted to approve the plan, which is…
Executives at Ford are considering discontinuing its flagship electric pickup truck, the F-150 Lightning. These discussions follow Ford’s late October decision to pause F-150 Lightning production in order to prioritize hybrid and gas-engine versions of the popular pickup. The company…
OpenAI executives have been facing many questions about how they plan to pay for their $1.4 trillion in data center build-outs and usage commitments. This concern arises because their revenue, while growing quickly, is currently at a $20 billion annual…
Amazon announced on Thursday the launch of Kindle Translate. This new AI-powered translation service is designed for authors using Kindle Direct Publishing to help them reach a wider audience. The service is currently in a beta phase and initially translates…
Google announced on Thursday that it is purchasing 200,000 metric tons of carbon removal from Mombak, a forest restoration company based in Brazil. The project involves buying farmland in the Amazon and reforesting it. The deal was arranged through the…
Meta announced on Thursday that Vibes, its short-form video feed of AI-generated videos, is launching in Europe in the Meta AI app. Think of it as similar to TikTok or Instagram Reels, but every single video you see is created…
SpaceX is purchasing an additional $2.6 billion in wireless spectrum licenses from EchoStar. This acquisition expands upon a $17 billion deal that was first announced in September. The move supports the growth of SpaceX’s satellite internet business, Starlink, which continues…
Sora’s launch on Android is off to a very strong start. According to new estimates from app intelligence provider Appfigures, the AI video app from OpenAI saw an estimated 470,000 downloads on its first day on the Google Play Store.…
Lagos-based Ventures Platform, one of Africa’s most active early-stage investors, has raised sixty-four million dollars so far for its second fund. The firm is targeting a final close of seventy-five million dollars. Among the investors is the Nigerian government, which…
Francesco Nicodemo, a consultant who works with left-wing politicians in Italy, has come forward as the latest person targeted with Paragon spyware in the country. On Thursday, Nicodemo stated in a Facebook post that for ten months he chose not…
