Following Elon Musk’s acquisition of Twitter, former Twitter executives who were fired are seeking approximately $200 million in damages. They claim the layoffs were retaliatory and that their severance payments were not made.
As a result of Elon Musk’s purchase of Twitter for $44 billion, banks are under great risk with a $13 billion loan. The loan is causing serious issues in bank balance sheets.
The features of Apple Intelligence introduced at Apple’s WWDC 2024 event drew a reaction from Elon Musk. The integration with OpenAI has brought security concerns.
Elon Musk is disputing with other investors of Tesla over a $55 billion deal made with the company. Tesla’s major investor CalPERS is fighting to cancel the deal.
The artificial intelligence initiative xAI, supported by Elon Musk, has completed its Series B funding round with a valuation of $6 billion. The new funds will be used for R&D.
Elon Musk’s X platform did not fulfill its obligation to have a representative in Turkey. The issue came to the agenda in Parliament. X may receive a band narrowing penalty.
