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Tesla Announces Plans to Give Elon Musk $1 Trillion

futurism.com Unknown 2025-10-15 05:40:07

Tesla's board has proposed an unprecedented pay package for its CEO Elon Musk: around $1 trillion worth of shares, Bloomberg reports. It's a major escalation in the firm's increasingly desperate attempts to encourage its highly divisive leader to stick around and stay attentive. That's despite Tesla's core business imploding over the past year, largely the result of Musk's alienating behavior and surging international competition. "Simply put, retaining and incentivizing Elon is fundamental to

Topics: company musk pay tesla trillion

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Your electronics could be costing you, even while off. Here's one way to check

zdnet.com Adrian Kingsley-Hughes 2025-10-15 06:12:00

Smart Wi-Fi power strips are a great way to save on your power bill. But do they pay for themselves? Adrian Kingsley-Hughes/ZDNET Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways Leaving devices plugged and switched on can be wasteful. Monitoring usage and remote switching helps reduce bills. This Tapo smart power strip is a great option to monitor power consumption, and at $45, it pays for itself. I have three 3D printers that are on the go a lot of the time. I

Topics: consumption power printers smart time

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X is now offering me end-to-end encrypted chat — you probably shouldn’t trust it yet

techcrunch.com Lorenzo Franceschi-Bicchierai 2025-10-15 06:04:03

X, formerly Twitter, has started rolling out its new encrypted messaging feature called “Chat” or “XChat.” The company claims the new communication feature is end-to-end encrypted, meaning messages exchanged on it can only be read by the sender and their receiver, and — in theory — no one else, including X, can access them. Cryptography experts, however, are warning that X’s current implementation of encryption in XChat should not be trusted. They’re saying it’s far worse than Signal, a techno

Topics: company encrypted end key xchat

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Natron’s liquidation shows why the US isn’t ready to make its own batteries

techcrunch.com Tim De Chant 2025-10-15 06:37:48

Sodium-ion battery startup Natron ceased operations this week, ending the company’s 12-year quest to commercialize its technology in the U.S. The company had $25 million worth of orders lined up for its Michigan factory, but it couldn’t deliver them until it had UL certification, according to Raleigh’s The News & Observer, which reported on the business’s closure because Natron had been planning to bring jobs to the state of North Carolina with its new factory. However, receiving the UL certif

Topics: battery company ion natron sodium

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Nothing teases its fourth-gen earbuds called the Ear (3) because numbers are hard

androidauthority.com Unknown 2025-10-15 10:37:41

TL;DR Nothing has confirmed it will launch its next-generation flagship TWS earbuds soon. After previously adopting a new naming scheme that removed numbers from the name, Nothing is going back to “straightforward numerical order.” The next earbuds will be called the Ear (3). There’s nothing that London-based electronics maker Nothing loves more than teasers. In typical fashion, the company released a teaser for a new product this morning. The teaser in question is for Nothing’s next-generati

Topics: company ear earbuds flagship going

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Financial services firm Wealthsimple discloses data breach

bleepingcomputer.com Unknown 2025-10-15 10:36:48

Wealthsimple, a leading Canadian online investment management service, has disclosed a data breach after attackers stole the personal data of an undisclosed number of customers in a recent incident. Founded in 2014 and headquartered in Toronto, the financial services firm holds over CAD$84.5 billion in assets (approximately $61 billion). It offers a wide range of financial products targeting investments, trading, cryptocurrency, tax filing, spending, and savings to over 3 million Canadians. We

Topics: breach customers data salesforce wealthsimple

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A Quarter of Nvidia's Revenue Comes From a Single Giant Customer

futurism.com Unknown 2025-10-15 13:06:09

In case you haven't heard, there might be a slight problem with the US economy: that it's being propped up by a tiny number of tech companies betting big on an AI revolution. Among the tech titans, no company is more important than the AI chip maker Nvidia. Often likened to a shovel seller during a goldrush, Nvidia's revenue has exploded in recent years, from $26.9 billion in 2023 to a heart stopping $130.5 billion in 2025. That unprecedented growth propelled Nvidia to become the first company

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Why Browser Company at $610M is cheap

news.ycombinator.com Unknown 2025-10-15 14:38:07

first, what does this price mean for the browser company? their last round valued them at $550m, so this is basically giving the previous investors their money back. in other words, bare minimum price they could sell for without somebody taking a loss. pretty bad for them: the market sees no future value, josh’s “vision” for browsers couldn’t get better than buzzwords. second, what does this price mean for atlassian? they have $3b cash, so this is 20% of their piggy bank. and with $1.2b q3 prof

Topics: ai atlassian browser code company

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Tesla offers $1 trillion to Elon Musk to unleash his army of robots

theverge.com Andrew J. Hawkins 2025-10-15 14:29:59

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Elon Musk could become the world’s first trillionaire if Tesla shareholders approve a new pay package that was just put forward by the company’s board. Musk would need to meet certain milestones in order to receive that eye-popping compensation, such as producing 1 million robotaxis and 1 million humanoid robots, as well a

Topics: company musk order shareholders tesla

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Tesla shareholders to vote on investing in Musk’s AI startup xAI

techcrunch.com Rebecca Bellan 2025-10-15 14:23:20

Tesla shareholders will soon vote whether to let the electric vehicle maker invest in Elon Musk’s AI startup xAI, a proposal pitched as a way to strengthen Tesla’s ambitions in AI, robotics, and energy. Listed in Tesla’s proxy statement alongside a company-backed push to raise Musk’s 10-year pay package to $1 trillion, the proposal comes from Stephen Hawk, a Florida shareholder with a $2,000 stake of common stock. His supporting statement reads: Tesla’s integration of Grok into its vehicles de

Topics: ai company musk tesla xai

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‘I’m glad it’s over.’ Google CEO thanks Trump for antitrust 'resolution'

cnbc.com Jennifer Elias 2025-10-15 16:53:02

Sundar Pichai, chief executive officer of Alphabet Inc., speaks during a meeting of the White House Task Force on AI Education in the East Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. The White House has been actively promoting artificial intelligence and domestic manufacturing, with recent announcements including a plan to reduce regulation of artificial intelligence and support for leading AI chipmakers. Photographer: Jim Lo Scalzo/EPA/Bloomberg via Getty Images

Topics: ai house pichai plan trump

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Microsoft Goes Back to BASIC, Open-Sources Bill Gates’ Code

gizmodo.com Aj Dellinger 2025-10-15 22:15:46

In the era of vibe coding, when even professionals are pawning off their programming work on AI tools, Microsoft is throwing it all the way back to the language that launched a billion devices. On Wednesday, the company announced that it would make the source code for Microsoft BASIC for the 6502 Version 1.1 publicly available and open-source. The code is now uploaded to GitHub under an MIT license (with a cheeky commit time stamp of “48 years ago”). Microsoft called the code—written by the com

Topics: basic code commodore company microsoft

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OpenAI is reportedly producing its own AI chips starting next year

engadget.com Unknown 2025-10-16 07:39:24

OpenAI is gearing up to start the mass production of its own AI chips next year to be able to provide the massive computing power its users need and to lessen its reliance on NVIDIA, according to the Financial Times. The company reportedly designed the custom AI chip with US semiconductor maker Broadcom, whose CEO recently announced that it has a new client that put in a whopping $10 billion in orders. It didn't name the client, but the Times' sources confirmed that it was OpenAI, which apparent

Topics: ai chips company openai times

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Waymo Says You’re Not Getting Its Footage Without a Warrant

gizmodo.com Riley Gutiérrez Mcdermid 2025-10-16 05:59:40

Waymo is quietly drawing new boundaries over how authorities access data from its autonomous vehicles. The company said it will reject any requests that are not backed by a legal request such as a warrant or court order. The move is one of several signaling a growing tension between innovation, privacy, and law enforcement power. A new privacy guardrail Waymo co-CEO Tekedra Mawakana recently emphasized that the company will challenge, limit, or reject robotaxi footage requests from law enforc

Topics: company footage legal public waymo

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Tesla proposes new pay package for Elon Musk worth up to $1T

techcrunch.com Sean O'Kane 2025-10-16 07:11:09

Tesla has proposed a new 10-year compensation plan for CEO Elon Musk that could be worth as much as $1 trillion even as the EV maker’s car business stumbles and it sets its sights on humanoid robotics and AI. The company has tied the compensation to a number of benchmarks, one of which involves increasing Tesla’s overall valuation from around $1 trillion to more than $8 trillion. The plan would grant Musk more than 423 million additional shares in the company, boosting his level of control to a

Topics: company musk plan tesla trillion

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At White House dinner, Tim Cook praises Trump’s ‘leadership and focus on innovation’

9to5mac.com Marcus Mendes 2025-10-16 04:02:50

Yesterday, news broke that Apple CEO Tim Cook was one of many tech CEOs who had been invited for a “White House event on AI hosted by first lady Melania Trump.” Now, The Wall Street Journal has a few details of how the event went. Taking turns to praise Trump As reported by the WSJ, the list of tech CEOs at tonight’s dinner included OpenAI CEO Sam Altman, Meta CEO Mark Zuckerberg (who sat alongside Trump), Microsoft founder and ex-CEO Bill Gates, Alphabet CEO Sundar Pichai, and IBM CEO Arvind

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Trump warns ‘fairly substantial’ chip tariffs are coming; signals Apple, others will be safe

cnbc.com Dylan Butts 2025-10-16 09:16:02

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., and U.S. President Donald Trump during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, U.S., on Sept. 4, 2025. President Donald Trump has reiterated a warning that he will soon impose "fairly substantial" tariffs on semiconductor imports from companies that do not shift production to the U.S., but will spare firms like Apple that expand investments domestically. Trump made the comments Th

Topics: apple companies semiconductor tariff trump

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21 years later, Meta still hasn't given up on the Facebook 'poke'

engadget.com Unknown 2025-10-16 06:04:46

Meta currently has lots of priorities Mark Zuckerberg likely never would have imagined back in the early days of Facebook. The company has pivoted from social networking to the metaverse and, most recently, to AI. But somehow, one of its earliest — and most useless — features has not only survived but is apparently getting a revamp. I'm talking, of course, about the poke, which Meta is once again trying to revive. The company is making the storied feature easier to find by adding pokes back to

Topics: company facebook feature meta poking

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Apple has reportedly launched an AI chatbot, but it's not for the iPhone 17 (or you)

zdnet.com Webb Wright 2025-10-16 07:00:17

Jason Hiner/ZDNET Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways Apple has reportedly launched an AI chatbot for its retail staff. Asa is intended to be an automated digital sales assistant. The chatbot arrives just weeks before the launch of iPhone 17. Apple has reportedly launched a new AI chatbot -- for its employees, not for its customers. Nicknamed Asa, the chatbot is designed to serve as an automated digital assistant for the company's retail staff, maki

Topics: ai apple asa chatbot company

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Updating restrictions of sales to unsupported regions

news.ycombinator.com Unknown 2025-10-16 05:20:43

Anthropic's Terms of Service prohibit use of our services in certain regions due to legal, regulatory, and security risks. However, companies from these restricted regions—including adversarial nations like China—continue accessing our services in various ways, such as through subsidiaries incorporated in other countries. Companies subject to control from authoritarian regions like China face legal requirements that can compel them to share data, cooperate with intelligence services, or take ot

Topics: ai companies like security services

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Elon Musk, AI Startups, and The Case of The Allegedly Missing Trade Secrets

gizmodo.com Riley Gutiérrez Mcdermid 2025-10-16 09:50:02

A second lawsuit filed by an artificial intelligence company alleging a former employee stole trade secrets has been filed in California, just days after Elon Musk’s xAI alleged it had recently experienced corporate espionage. In this case, Scale AI, a leading AI data-labeling firm, sued competitor Mercor Inc. in federal court Wednesday, accusing the startup and a former employee of misappropriating trade secrets to win new business. Scale is valued at approximately $29 billion following a mas

Topics: ai company ling mercor scale

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Donald Trump Snubs Elon Musk Yet Again, Invites All of His Biggest Competitors to the White House

futurism.com Unknown 2025-10-16 06:04:03

Donald Trump Snubs Elon Musk Yet Again, Invites All of His Biggest Competitors to the White House Musk's biggest competitors were invited to the White House — but he wasn't. President Donald Trump is throwing a major party in the White House's recently paved-over Rose Garden for some of the biggest names in tech — but billionaire Elon Musk's name isn't on the list. As The Hill first reported, the upcoming event will see high-profile tech executives swing by for a visit, including Microsoft co

Topics: ceo house musk trump white

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Rivian makes its second small workforce cut of the year ahead of R2 SUV launch

techcrunch.com Sean O'Kane 2025-10-16 10:03:34

In Brief Rivian is laying off around 150 workers — its second small staff cut in a matter of months — as the company readies itself for the all-important launch of its more-affordable R2 SUV next year. The company confirmed to TechCrunch that the new cuts were mostly to its “commercial” team, which deals with sales and service operations, and that affected employees will be eligible for rehire and encouraged to apply for other open positions. The Wall Street Journal first reported the layoffs

Topics: 2024 company cut employees rivian

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Desperate Companies Now Hiring Humans to Fix What AI Botched

futurism.com Unknown 2025-10-16 12:44:21

For a while now, we've been seeing companies that fired a bunch of their human workers in favor of artificial intelligence move to recoup some of that flesh-and-blood labor. Now, that push has resulted in a new line of gig work: slop fixer-uppers, who get paid to improve AI-generated art, writing, and code — by making it less, well, sloppy. In an interview with NBC News, longtime freelance illustrator Lisa Carstens said fixing AI-generated logos, many of which have fuzzy lines and garbled text

Topics: ai companies like nbc richardson

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Elon Musk's New Robot Demo Is Astonishingly Bad

futurism.com Unknown 2025-10-16 13:34:37

Hot off of proudly announcing that he had replaced 4,000 people with AI at his company, Salesforce CEO Marc Benioff posted a video of Tesla's humanoid robot, Optimus, calling it a "productivity game-changer." However, going by the 52-second clip, the carmaker has a long way to go until it can successfully have AI-powered bipedal robots replace human jobs. Is this really what will make up a whopping 80 percent of Tesla's value, as Tesla CEO Elon Musk promised in a tweet earlier this week? In an

Topics: benioff company optimus robot tesla

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Rocketships and Slingshots

news.ycombinator.com Aaron Harris 2025-10-16 13:06:10

The dominant metaphor for a successful startup these days is the rocketship. The not so humble brags are all over x and the press, founders and VCs saying - “0-100m in ARR faster than any company in history” and “idea to $1m in revenue in a month.” I get why these are exciting. The stories are simple, the progress is amazing, the pull of the market is irresistible. Sometimes these will be the biggest and most interesting companies of the future. Then again, as with most stories, the realities o

Topics: companies company information interesting slingshots

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I should have loved electrical engineering

news.ycombinator.com Unknown 2025-10-13 06:12:13

Author’s note: Drafted in 2022, lightly edited and finished on Sep 1, 2025 for clarity. Substance unchanged. I tried to not glamorize my undergraduate experience but I could be hallucinating. “Hardware invention enabled the information revolution. The internet and all the fancy applications are nothing but some byproduct of the advancement in computer chips and fiber optic cables”, 18-year-old me thought wishfully, concluding that the next natural sequence in the major global transformation mus

Topics: computer engineering just physics software

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Non-Obviously Great Startups

news.ycombinator.com Aaron Harris 2025-10-16 18:06:10

The dominant metaphor for a successful startup these days is the rocketship. The not so humble brags are all over x and the press, founders and VCs saying - “0-100m in ARR faster than any company in history” and “idea to $1m in revenue in a month.” I get why these are exciting. The stories are simple, the progress is amazing, the pull of the market is irresistible. Sometimes these will be the biggest and most interesting companies of the future. Then again, as with most stories, the realities o

Topics: companies company information interesting slingshots

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Who Owns ‘Telepathy’?

gizmodo.com Lucas Ropek 2025-10-16 18:10:12

Elon Musk’s neural implant startup Neuralink has been trying to trademark two product names: Telepathy and Telekinesis. Musk has previously claimed that his company will be able to give people “superpowers,” so the desire to take ownership over these special abilities makes sense. Unfortunately for Neuralink, patent applications for Telepathy and Telekinesis have already been filed by a different business. Wired reports that a lucid dreaming startup (who knew there was such a thing?) called Pro

Topics: applications berry chip company neuralink

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This M4 Mac Mini Is Small, Fast and Surprisingly Affordable

cnet.com See Full Bio 2025-10-16 17:01:00

I bought the M4 Mac Mini after reading CNET laptop expert Joshua Goldman's review of the tiny machine. I was looking for a computer that would increase my productivity and better organize my workflow. Since then, I've found it to be the best value for money among Apple's lineup. For less than $600, you can get a more powerful computer than the $999 MacBook Air. The M4 Mac Mini, Apple's smallest computer, is an easy recommendation for me since it's one of CNET's picks for the best desktop comput

Topics: apple computer m4 mac mini

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Latest Tech News

Tesla Announces Plans to Give Elon Musk $1 Trillion

Your electronics could be costing you, even while off. Here's one way to check

X is now offering me end-to-end encrypted chat — you probably shouldn’t trust it yet

Natron’s liquidation shows why the US isn’t ready to make its own batteries

Nothing teases its fourth-gen earbuds called the Ear (3) because numbers are hard

Financial services firm Wealthsimple discloses data breach

A Quarter of Nvidia's Revenue Comes From a Single Giant Customer

Why Browser Company at $610M is cheap

Tesla offers $1 trillion to Elon Musk to unleash his army of robots

Tesla shareholders to vote on investing in Musk’s AI startup xAI

‘I’m glad it’s over.’ Google CEO thanks Trump for antitrust 'resolution'

Microsoft Goes Back to BASIC, Open-Sources Bill Gates’ Code

OpenAI is reportedly producing its own AI chips starting next year

Waymo Says You’re Not Getting Its Footage Without a Warrant

Tesla proposes new pay package for Elon Musk worth up to $1T

At White House dinner, Tim Cook praises Trump’s ‘leadership and focus on innovation’

Trump warns ‘fairly substantial’ chip tariffs are coming; signals Apple, others will be safe

21 years later, Meta still hasn't given up on the Facebook 'poke'

Apple has reportedly launched an AI chatbot, but it's not for the iPhone 17 (or you)

Updating restrictions of sales to unsupported regions

Elon Musk, AI Startups, and The Case of The Allegedly Missing Trade Secrets

Donald Trump Snubs Elon Musk Yet Again, Invites All of His Biggest Competitors to the White House

Rivian makes its second small workforce cut of the year ahead of R2 SUV launch

Desperate Companies Now Hiring Humans to Fix What AI Botched

Elon Musk's New Robot Demo Is Astonishingly Bad

Rocketships and Slingshots

I should have loved electrical engineering

Non-Obviously Great Startups

Who Owns ‘Telepathy’?

This M4 Mac Mini Is Small, Fast and Surprisingly Affordable

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