Elon Musk Hits a New Net Worth Record A real-time billionaire tracker shows Elon Musk’s net worth has climbed past $684 billion, making him the first person to reach that level of wealth. The surge follows fresh attention on his space company, which market chatter suggests could pursue a public listing. Space Company Valuation Fuels … Read more
Major Stake in MetaX Valued at Billions Chen holds 55 million shares in MetaX Integrated Circuits Shanghai Co., a position now valued at at least 5.8 billion yuan — about $824 million at the offer price. This sizable stake highlights both individual wealth tied to the chip sector and investor interest in domestic semiconductor firms. … Read more
Shareholders Approve Massive Payout That Could Boost Musk’s Income Tesla shareholders recently approved a landmark payout described as a massive 13-figure, $1 trillion plan. If structured and distributed as reported, that move could see Elon Musk net roughly $90 million a year from the arrangement. What the approval means The approval signals shareholder willingness to … Read more
Private-label maker seeks growth capital Wingreens Farms has roped in JM Financial to arrange up to ₹200 crore in funding as it tightens its unit economics and trims losses. The move is part of a broader push to stabilise the business and prepare for a possible initial public offering within the next 2–3 years. Why … Read more
Lawsuit says seasonal workers shortchanged on pay A recent lawsuit alleges that a major parcel delivery company failed to pay seasonal employees fairly. The complaint accuses the employer of a range of pay practices that, plaintiffs say, left temporary workers out of pocket during busy holiday seasons. What the lawsuit claims Unpaid time: The complaint … Read more
Executives Respond After Rival Bid Raises Questions Executives at the streaming giant moved quickly to address concerns after a rival offer from a major studio emerged in response to their proposed acquisition of a large entertainment conglomerate for $82.7 billion. The competing bid has intensified scrutiny from investors, regulators and content partners, prompting management to … Read more
Tribunal: User consent required for all WhatsApp data shared with Meta A recent tribunal ruling made it clear that user consent is mandatory for any data WhatsApp collects and then shares with Meta — not just the information used for advertising. The decision narrows the scope of lawful data sharing, stressing that consent must cover … Read more
Midlife professionals find a new path in content creation With retirement savings in place and day-to-day pressure easing, many professionals in their 40s, 50s and 60s are choosing content creation as a way to earn, find fulfilment and enjoy greater freedom. Rather than a full exit from work, this shift often becomes a purposeful second … Read more
Italy’s foreign minister has urged that the Agnelli family’s Gedi Gruppo Editoriale SpA remain in Italian hands to help safeguard press freedom, amid ongoing sale talks with Greece’s Antenna Group. What the minister said The minister framed media ownership as a matter of public interest, saying national control can protect editorial independence and ensure diverse … Read more
Nvidia mulls bigger H200 chip run for Chinese customers Nvidia is weighing an increase in production of its H200 AI chips to meet strong demand from Chinese firms. Big tech players such as Alibaba and ByteDance are said to be lining up substantial orders, pushing the company to consider scaling output. Why the surge in … Read more