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Average pay of CEOs of S&P 500 companies rose to record $22.8 million following Elon Musk's nearly $1 trillion compensation, AFL-CIO findsElon Musk's compensation is setting new benchmarks for S&P 500 executive pay. Average CEO pay rose significantly, even as employee wages ar...- Microsoft retreats in China, but AI boom helps it keep a window openThe year was 2010 and Google was about to exit due to concerns over censorship and cyberattacks. That decision was lauded by democracy acti...
- Meta, 29 states head to court in biggest test yet of youth social media litigationThe trial in Oakland, expected to last seven weeks, will test Colorado, Kentucky, California and New Jersey's allegations that Meta designe...
- Aswath Damodaran shares 3 lessons investors can learn from rise and fall of Leopold Aschenbrenner's AI fundAswath Damodaran has shared three lessons investors can learn from the rise and fall of Leopold Aschenbrenner’s AI-focused hedge fund, Situ...
- Forget gold and stocks: Nvidia CEO Jensen Huang aims to make chips an investable asset, lines up $500 bn in financingNvidia CEO Jensen Huang said AI compute is emerging as a new investable asset class as the chipmaker partners with six major financial firm...
- Info Edge shares jump 4% after strong Q1 show. What Nomura, Nuvama and other brokerages expect nextInfo Edge shares jumped over 4% after the company reported a strong Q1 FY27 performance, with consolidated net profit rising 43% year-on-ye...
- Elon Musk vs Michael Burry: World's richest man says AI internet traffic will outpace humans, market expert asks who is payingElon Musk says AI agentic traffic will eventually vastly exceed human internet usage, while Michael Burry questions who will pay for AI age...
- Chinese AI drives price competition among US labsA new generation of cost-efficient, high-performance Chinese AI is putting pressure on Silicon Valley's leading labs to lower prices to gra...
- Meta will soon face another high-stakes trial in USWith two convictions and nearly $1 billion in damages already stacked up, Meta will face another trial starting this week about alleged har...
- Elon Musk's X is ending Creator Revenue Sharing: What creators need to know about its new rewards programmeX is retiring its Creator Revenue Sharing programme on September 7. A new Original Content Rewards program will replace it with stricter ru...
- Amazon behind massive private gas plant for new data centersPreviously filed permits for the plant show it would have 35 turbines and generate 7.65 gigawatts -- larger than any gas plant currently op...
- Pressured by Tesla, European regulators keep 'Full Self-Driving' safety data secretThe Dutch regulator RDW approved Tesla's FSD system, but refuses to share safety evaluation details. RDW cites Tesla's demands for commerci...
- Meta chases OpenAI, Anthropic with new AI coding app Muse CodeMeta entered the race for automated coding tools on Wednesday when it announced a new app for developers of artificial intelligence product...
- Book recommendations by Elon Musk: Looking for your next read that helps you think like world's richest man? SpaceX founder suggests these 5 books on innovation, science and successElon Musk draws inspiration from diverse books for his innovative ventures. Peter Thiel's "Zero to One" guides transformative company build...
- Will SpaceX paint its rocket pink? Investor questions go beyond Moon and Mars ahead of first resultsAmong the most popular shareholder questions submitted ahead of Tuesday's call were requests for more footage of Starship's Human Landing S...
- Will SpaceX paint its rocket pink? Investor questions go beyond Moon and Mars ahead of first resultsSpaceX's initial public offering allocated shares for retail investors. Shareholders submitted popular questions about Starship's lunar mis...
- 5 World Market themes for the week aheadGlobal markets face significant turbulence this week from multiple sources. AI-linked stocks are experiencing unprecedented volatility as i...
- Meta misses profit expectations, sticks to massive AI spendingThe Facebook and Instagram parent company reported free cash flow of $784 million in the second quarter ended June 30, down from $8.55 bill...
- Elon Musk launches invite-only X Money with a Visa debit card, 6% yield and real-time transfersElon Musk's X platform has launched X Money, a new financial service. This service allows users to send money to each other in real-time. X...
- Musk's X adds Money banking service under 'everything app' pushElon Musk's social media app X on Monday began offering its X Money banking service to all US subscribers of its paid Premium and Premium+ ...
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