Name-dropping: Elon Musk changes job title to Technoking of Tesla March 15, 2021 Eccentric billionaire Elon Musk has a history of riling shareholders with his unusual behaviour, and his latest stunt could put another black mark by his name. In a stock market filing today, the troublesome tycoon announced he has changed his job title to Technoking of Tesla, in addition to his current role of chief executive. [...]
Tesla shareholder sues Elon Musk over tweets March 12, 2021 A shareholder in electric car firm Tesla is suing outspoken boss Elon Musk, claiming that his tweets have exposed investors to billions in losses. The claim accuses Musk of breaking a settlement reached with the US Securities and Exchange Commission back in 2018. At that time, the regulator came down hard on the South Africa-born [...]
Tesla temporarily freezes production at California assembly plant February 25, 2021 Tesla, Elon Musk’s electric vehicle company, has told workers it will temporarily freeze parts of production at its assembly plant in California. Workers on a Model 3 production line in the California-based Fremont factory were told their line would be down from Monday until 7 March, according to Bloomberg. Impacted staff expected to take holiday [...]
Elon’s Bitcoin bet hands Jeff Bezos back title of world’s richest person February 23, 2021 Elon Musk is now merely the second richest person alive, after the eccentric entrepreneur’s Tesla ploughed $1.5bn dollars into Bitcoin, which has plummeted in value in recent days. Tesla’s share price has fallen around 25 per cent from its peak, amid sell-off of high-flying technology stocks. Tesla’s fall was compounded still by the fall in [...]
Bitcoin price through the roof as celebrities jump on the crypto bandwagon February 17, 2021 Bitcoin hit a new record high of $51,300 on Wednesday, up 4.7 per cent in a day. The rise tops off a week of enthusiasm for the cryptocurrency, which saw its price surge above $50k for the first time on Tuesday. Bitcoin has risen 900 per cent since March of last year and many famous [...]
Monkey business: Elon Musk has wired up a monkey to play video games with its mind February 1, 2021 Eccentric biliionaire and boss of Tesla and SpaceX Elon Musk can claim another first after he told an audience his company Neuralink has wired up a monkey's brain to " play video games with his mind"
It’s game over for Alphabet’s Loon balloon broadband adventure January 22, 2021 Alphabet, the parent company of Google, said last night it will shut down its high-altitude broadband connectivity venture Loon. The announcement is at odds with its recent successful endeavours. Loon raised $125m from a SoftBank unit in 2019, and in April 2020 it launched the first balloons to provide commercial connectivity service to Kenyans following [...]
Screenshot: Is it time for a music streaming reshuffle? January 22, 2021 This week **Media Moment of the Week: Elon Musk’s personal keyboard warrior **Music streaming royalties strike a bum note **The BBC screw turns again Media Moment of the Week Elon Musk is no stranger to social media spats. His indiscretions on Twitter have moved stock markets, led to a highly-publicised defamation suit and landed him [...]
Elon Musk to turn oil rigs into floating SpaceX launchpads January 21, 2021 It’s usual practice for astronauts to splashdown in the water on their return from space, but up until now they’ve at least been able to take off from solid ground. However, this could all be about to change, after it was reported that billionaire entrepreneur Elon Musk has bought two oil rigs to be converted [...]
Tesla is hiring someone to defend Elon Musk on social media January 20, 2021 Elon Musk’s indiscretions on social media have moved stock markets, led to a high-publicised defamation lawsuit and landed him a $20m fine. But it seems the blunt billionaire is now going on the defensive, hiring someone to fend off attacks by Twitter trolls. A job advert posted by Tesla, Musk’s booming electric car maker, said [...]