Elon Musk is poised to receive one of the largest compensation packages in corporate history – a $1 trillion stock award that would give him 25% of Tesla. Despite opposition from major funds and even the Pope, shareholders seem likely to approve the deal based on Musk’s promise of AI-powered robotax
Apple is seeking $540,000 in attorney fees from law firm Hagens Berman after a price-fixing lawsuit dismissal. Amazon wants even more – $1.4 million – claiming the firm’s misrepresentations wasted court resources and caused unnecessary expenses.
Snap shares surged more than 20% after the company reported better-than-expected Q3 revenue of $1.51 billion and announced a $400 million partnership with Perplexity AI. The company also warned that upcoming age verification requirements could negatively impact user metrics starting in Q4 2024.
Sports fans aren’t just waiting out the ESPN blackout on YouTube TV. App data shows they’re actively switching to competing services like Sling TV, Fubo, and DirecTV to get their sports fix during the contract dispute.
Nintendo’s attempt to patent monster capturing mechanics has hit another major roadblock. The US Patent Office is now re-examining the recently granted patent, following Japan’s rejection of the same filing. This could seriously impact Nintendo’s legal case against Palworld developer PocketPair.
New PlayStation Store icons and code references discovered by leakers point to upcoming cross-buy functionality between PlayStation 5 and PC. The feature appears to have been in development since at least June 2025. This could finally bring PlayStation in line with Xbox’s approach to cross-platform
Sam Altman admits the only time an OpenAI IPO sounds appealing is when he could prove critics wrong about the company’s finances. The CEO hinted at potential $100 billion revenue by 2027 while dismissing current financial concerns. Microsoft’s Satya Nadella remains optimistic about OpenAI beating ev
Netflix’s former chief talent officer used a simple but revealing test during interviews: watching how candidates treated the receptionist. The people who failed weren’t necessarily rude—they were unaware of their impact on others. This lack of self-awareness often translated into bigger cultural pr
OpenAI has committed to $1.4 trillion in computing infrastructure deals with Microsoft, Amazon, and Oracle. But with only 10% of funding secured, this creates massive counterparty risk that could wipe out trillions in market value if the startup can’t deliver.
Marks & Spencer’s April cyberattack will cost the retailer £136 million in total, causing profits to tumble 55.4% year-on-year. The company recorded £101.6 million in charges for the first half and expects another £34 million, though insurance will cover up to £100 million.
