India’s spectrum market, satellite spectrum in particular, is seeing a heated battle between some of the world’s biggest billionaires. The battle stemmed from a Government decision to allocate satellite internet spectrum, instead…
Tag: Elon
Tesla shareholders approve Elon Musk’s $56Bn pay package
Tesla shareholders, at their annual meeting held in Austin, Texas, voted in favor of ratifying Musk’s controversial $56 billion performance-based pay package, originally approved in 2018. However, this vote serves as only…
Tesla shareholders are suing Elon Musk, alleging he shifted key resources from Tesla to xAI
The tech industry’s new-found focus on AI may have done wonders for the likes of Microsoft, Google, and Apple, but it has also created its fair share of problems. A simmering tension…
Tesla stock plummets over 8% as Elon Musk warns of slowing sales growth
Tesla’s stock faced a significant downturn, plummeting over 8% after CEO Elon Musk cautioned that sales growth would decelerate this year. This decline follows price cuts that have already impacted margins and…
Vodafone Idea denies stake sale to Elon Musk’s Starlink, stock plunges nearly 6%
India’s third largest telecom company, the troubled Vodafone Idea — owned partly by Vodafone Plc., the Indian government and Aditya Birla Group — wrote in a filing to the stock exchanges, denying…
X faces its biggest outage in the Elon Musk reign
Elon Musk’s owned — FKA Twitter — ‘X’, encountered its most significant user-reported outage since the billionaire’s acquisition, causing widespread disruptions that have since been largely resolved. More than 94,000 users reported…
Elon Musk announces new premium subscriptions for X
Elon Musk, the owner of the social media platform formerly known as Twitter, now branded as “X,” has unveiled plans to introduce two new tiers of premium subscriptions. These new subscription options…