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Tesla Shareholders Approve Elon Musk's Landmark $1 Trillion Pay Deal
Tesla shareholders have approved a massive $1 trillion pay package for CEO Elon Musk, contingent on the company hitting significant market value milestones. The deal, endorsed by 75% of voters, is designed to retain Musk amid concerns he might leave without such an incentive. Musk's ambitious goals include elevating Tesla's market value to $8.5 trillion and deploying a million autonomous robotaxis. Despite some criticism over the scale and structure of the package, supporters argue Musk is integral to Tesla's future, particularly as the company navigates challenges in both the electric vehicle and AI sectors.
Read More →McDonald's Strengthens Measures to Address Sexual Harassment Allegations
In light of ongoing allegations, McDonald's is introducing enhanced sexual harassment training as per an agreement with the Equality and Human Rights Commission (EHRC). The move follows serious allegations of abuse and harassment within the company, prompting the involvement of an external body to review claims handling practices.
Read More →"Sudan's Militia: A Gruesome Tale of Massacre - ICC Investigates Atrocities"
The Rapid Support Forces (RSF), a Sudanese paramilitary group, is under investigation by the International Criminal Court (ICC) for potential war crimes and crimes against humanity after allegedly committing a massacre in the city of el-Fasher. Disturbing footage and witness accounts suggest that the RSF has been involved in a series of brutal acts, including executing civilians and blocking essential supplies. The group's actions have not only drawn international concern but have also highlighted the ongoing humanitarian crisis in Sudan, with over 150,000 fatalities stemming from the ongoing conflict.
Read More →Technology News
Exploring Black Holes: Future Telescopes to Test Gravity Theories
Scientists are using enhanced imaging from the Event Horizon Telescope to investigate alternative theories of gravity around black holes, hoping to identify potential replacements for general relativity by examining subtle differences in extreme gravitational environments.
Read More →Sandworm Hackers Target Ukrainian Critical Infrastructure with Destructive Cyberattacks
The Russian cyber-espionage group Sandworm has launched a series of cyberattacks against Ukraine, targeting critical infrastructure and attempting to weaken the nation's economy through the use of wiper malware. The attacks have been ongoing since April and have included a surprising focus on the grain industry.
Read More →Tesla Shareholders Approve Trillion-Dollar Compensation Plan for Elon Musk
Tesla shareholders have approved a compensation plan that could pay Elon Musk over $1 trillion if certain performance goals are met over the next decade. The plan involves significant milestones, such as delivering 20 million vehicles and achieving a market value of $8.5 trillion. Despite some opposition, Musk secured over 75% approval of the vote.
Read More →Business & Finance
Chinese Startup Moonshot Unveils Advanced AI Model 'Kimi K2 Thinking'
Moonshot, a Chinese AI company backed by Alibaba, has launched a new generative AI model named 'Kimi K2 Thinking'. It claims enhanced capabilities over OpenAI's ChatGPT in understanding user intent.
Read More →Supreme Court Hearing Casts Doubt on President Trump’s Tariff Policy
Traders on prediction markets reduced the likelihood of the Supreme Court supporting President Trump's broad tariffs after justices expressed skepticism over the administration's authority under the International Emergency Economic Powers Act.
Read More →Carl Icahn Acquires Significant Stake in Monro, Boosting Shares
Billionaire investor Carl Icahn has become the largest shareholder in auto service chain Monro, acquiring a 14.8% stake. His investment spurred a notable rise in Monro's stock. The implications of this move on Monro's strategic direction remain uncertain.
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