WILMINGTON, Del—Elon Musk said in court on Wednesday that he made some Tesla Inc. decisions without the approval of the company’s directors, as he defended his $56 billion pay package against claims that he dictated its terms to a compliant board. Tesla shareholder Richard Tornetta sued Musk and the board in 2018 and hopes to…
Musk Says He Made Some Tesla Decisions Without Board Nod, Defends $56 Billion Pay
TikTok, Social Media Outlets Voted Least Ethical in Australia: Report
In a strong sign of low confidence in Big Tech, Australians have voted TikTok the least ethical organisation of the year followed by Facebook, Twitter, and Instagram. According to the Ethics Index 2022 (pdf) published by the Governance Institute of Australia, the nation’s overall ethics score fell for the second year in a row from…
New CNN CEO Reveals How Network Will Cover Trump After 2024 White House Announcement
Chris Licht, CNN’s new top executive, said his channel will not cover former President Donald Trump as much as during his White House term and 2016 campaign. “We have fact-checkers ready to go. We will put things in perspective. We will not let everything he does consume the news cycle, right?” Licht told “On with…
Elon Musk Says He Will Run Twitter ‘Until It Is In a Strong Place’
Billionaire Elon Musk, who recently acquired Twitter, has indicated that he is open to the company being led by another person. While testifying at a Delaware court defending his $56 billion pay package at Tesla Inc. on Wednesday, Musk revealed that he intends to cut down his time at Twitter and eventually find someone else…
Twitter’s Ex-CEO Jack Dorsey Says Will Not Retake Role
Former Chief Executive Officer of Twitter Jack Dorsey said on Wednesday that he will not accept the position of CEO of Twitter. When asked by a Twitter user if he would accept the position as Twitter CEO, he replied “nope.” …
Musk Says He Expects to Find a New Twitter CEO ‘Over Time’
NEW YORK—Billionaire Elon Musk, who just took over as the chief executive at Twitter after buying the company, said he does not want to be the CEO of any company. Musk took the witness stand Wednesday in a Delaware court to defend himself in a shareholder lawsuit challenging a compensation package he was awarded by…
Associated Press Issues Correction to Report Claiming Russian Missile Hit Poland
The Associated Press newswire service issued a correction to a report that cited an anonymous U.S. official that claimed a Russian missile struck Polish territory on Tuesday. “The Associated Press reported erroneously, based on information from a senior American intelligence official who spoke on condition of anonymity,” the AP wrote in its correction on Wednesday….
Musk to Relaunch Twitter’s Blue Check Subscription on Nov 29
Billionaire Elon Musk said on Tuesday that Twitter’s sought-after blue check subscription service will be relaunched on Nov. 29, a minor delay from his initial tentative timeline to bring back the service on the social media platform. “Punting relaunch of Blue Verified to November 29th to make sure that it is rock solid,” Musk said…
Court Told Musk’s $56 Billion Pay Wasn’t for Punching a Clock
WILMINGTON, Del—A Tesla Inc. director and a former executive took the stand on Monday and defended Elon Musk’s $56 billion pay package against a shareholder’s claims that the entrepreneur dictated terms of the deal to finance his dream of traveling to Mars. Tesla shareholder Richard Tornetta hopes to prove that Musk used his dominance over…
ESG Warps Capitalism to Force ‘Globalist Agenda’: Utah Treasurer
In a Nov. 14 interview, Utah’s treasurer Marlo Oaks told The Epoch Times that environmental, social, and corporate governance (ESG) criteria are being used as a political tool, spurring a response from Utah and various other states worried about its consequences. Oaks and a number of other Republican state treasurers had gathered for the national…
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