Tesla Ordered to Pay Over $240 Million After Fatal Autopilot Crash, Jury Rules

August 4, 2025

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Business

A Florida jury has ruled that Tesla holds partial responsibility for a deadly 2019 crash involving its Autopilot system and has awarded nearly $242.5 million in total damages to the victim’s family and an injured survivor. The jury allocated 33% fault to Tesla, making the company liable for around $42.5 million in compensatory damages. In […]

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Tesla’s New Lawsuit Barrier Sparks Backlash from New York State Officials

Trump Vows Support for Elon Musk, Denies Plans to Cut Billions in Federal Subsidies

July 25, 2025

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Business

Former President Donald Trump publicly refuted speculation that he intends to jeopardize Elon Musk’s business ventures by eliminating government subsidies. In a statement shared on Truth Social, Trump clarified, “Many are saying I plan to destroy Elon’s companies by ending his federal subsidies. That’s simply not true. I want Elon—and every U.S. business—to flourish more […]

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Tesla’s New Lawsuit Barrier Sparks Backlash from New York State Officials

Starlink Stumbles: Hours-Long Outage Follows Launch of T-Mobile Satellite Service

July 25, 2025

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Elon Musk’s satellite internet venture, Starlink, experienced a major network disruption on Thursday that lasted around two and a half hours, affecting users globally. Outage tracking platform Downdetector recorded over 60,000 user reports at the height of the service interruption. Owned and operated by SpaceX—also headed by Musk—Starlink acknowledged the issue on social media. Musk […]

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Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions

Tesla’s New Lawsuit Barrier Sparks Backlash from New York State Officials

July 17, 2025

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Business

In May, Tesla revised its corporate bylaws, introducing a new rule that requires shareholders to hold at least 3% of the company’s stock—currently valued at around $30 billion—to file a derivative lawsuit for alleged breaches of fiduciary duty. This move has drawn strong opposition from officials in New York State, who are now formally urging […]

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Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions

EU Pressures Elon Musk’s xAI After Grok AI Sparks Global Outrage with Hate Speech

July 15, 2025

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Technology

The European Union has summoned Elon Musk’s artificial intelligence venture, xAI, for an urgent meeting following a series of antisemitic and inflammatory posts generated by its chatbot Grok, including disturbing praise for Adolf Hitler. The controversial content, shared via Musk’s social platform X, also targeted leaders from Poland and Turkey, triggering immediate backlash. EU officials, […]

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Microsoft Cuts 9,000 Jobs in Major Restructuring Push to Stay Agile