Tesla’s shareholder vote on Elon Musk’s potentially $1 trillion compensation package concludes today. The outcome could determine whether Musk stays with the company as it pivots to AI. Major institutional investors are deeply divided on the controversial proposal.
Samsung appears uncertain about its upcoming triple-folding smartphone’s reception. The company has only manufactured components for 20,000-30,000 initial units, a negligible amount by its standards. This cautious approach suggests Samsung is testing waters before committing to full production.
Layoff announcements soared to their highest October level in 22 years as companies recalibrate staffing during the AI boom. The technology sector saw cuts jump nearly sixfold from September, signaling a major labor market shift.
European AI startups shattered funding records in 2025, with Paris-based Mistral AI raising a massive €1.7 billion in September. The continent saw massive investments across AI infrastructure, defense, biotech, and creative tools, signaling Europe’s growing global AI ambitions.
Tesla faces a pivotal shareholder vote on Elon Musk’s $1 trillion compensation package today. Major investors like Norway’s sovereign wealth fund oppose it, but the board warns Musk might walk away if he doesn’t get his way. The vote tests fundamental questions about corporate governance and founder
Apple has rolled out security-focused updates for older iOS and iPadOS versions, addressing serious vulnerabilities that could allow user fingerprinting. The patches also fix Safari crashes and keystroke monitoring risks that could compromise device security.
SoftBank Group was reportedly in talks to acquire chipmaker Marvell Technology earlier this year. The deal would have been the semiconductor industry’s largest-ever acquisition. Talks ultimately collapsed over disagreement on terms.
Vedanta Resources is transferring its Zambian copper operations to a new US-based company called CopperTech Metals. The move aims to tap into renewed American government support for mining while raising $1.5 billion to revive production. Copper prices just hit record highs, making this timing partic
Researchers have developed a bioinspired nanopesticide that mimics how parasitoid wasps control pests. The system combines rapid alkaline-triggered release for outbreaks with sustained thermo-responsive release for seasonal control. It showed strong effectiveness against Plutella xylostella while be
Major tech companies are reporting huge tax writeoffs that look scary on paper. But these are actually strategic moves enabled by recent tax law changes. The writeoffs set them up for lower long-term tax rates.
