X Corp. CEO Elon Musk is being sued for $128 million dollars in a lawsuit that alleges several former Twitter executives are still due unpaid severances. Multiple lawsuits have been lobbed at the social media CEO in recent months, including Grimes suing Elon Musk in October of last year. With Musk's personal and professional decisions continuing to raise eyebrows, this new lawsuit has once again fueled discussion among audiences.
After purchasing Twitter in 2022, Elon Musk began an extensive «restructuring» process, in which a vast number of employees across various departments were fired or laid off. Included in this reorganization were several executive level staff, who now claim in a lawsuit that Musk fired them without cause and still owes them millions of dollars in severance pay.
First reported by The Associated Press via NPR, Twitter's former CEO, CFO, Chief Legal Counsel, and General Counsel have filed a joint lawsuit against Elon Musk and X Corp. for $128 million in overdue severances. The former executives allege that Musk fired them without cause, vaguely citing «gross negligence and willful misconduct,» in order to swiftly remove and replace them with employees from his other companies. According to the lawsuit, the severance plans entitle the former executives to one year's pay plus stock option payouts, none of which have yet been paid by Musk. As Elon Musk is suing OpenAI himself, this lawsuit by former executives is adding to a growing number of legal challenges against the CEO and X Corp.
While Elon Musk and X Corp. continue to face multiple lawsuits from former employees and mounting questions from shareholders, other technology companies are also finding themselves in the legal crosshairs. The massive antitrust lawsuit against Google by Epic Games and gender discrimination settlement by Activision Blizzard are just a couple of the dozens of legal battles faced by technology giants in recent months. Sony, Roblox, Niantic and Apple have also been in the throes of legal disputes, with few «victories» and many substantial settlement payments. Elon Musk remains one of the more controversial figures in the industry, as many continue to question his role at X Corp. and Twitter amid the rising lawsuits against the CEO.
Twitter remains one of the most popular social media platforms, in spite of controversies with Elon Musk. With plans for livestreaming to come to Twitter and further monetization features being added to the site, Musk is hoping to stay on the good side of users and shareholders. However, the court of public opinion remains split, and fresh lawsuits against Elon Musk continue to leave many Twitter users weary about the platform's future.
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Elon Musk, the CEO of SpaceX, has unveiled ambitious plans to propel humanity into a new era of interplanetary civilization. Musk's latest announcement focuses on the Starship rocket, which he aims to land on Mars within the next five years. This bold endeavor comes on the heels of a successful third test flight of the Starship, bolstering Musk's confidence in its capabilities. Notably, Musk envisions the Starship playing a pivotal role in crewed missions to the Moon by 2026.
A new concept video showcasing the capabilities of Unreal Engine 5 demonstrates what a video game centered around billionaire Elon Musk's life might look like. Unreal Engine 5 has proven to be one of the most impressive game-creation engines yet, and this concept video is an interesting showcase of the engine's capabilities.
Bluesky, a decentralized social media platform aiming to rival existing giants like billionaire Elon Musk-owned X, has unveiled Ozone, a groundbreaking tool designed to empower users with unprecedented control over content moderation. Ozone enables individuals and teams to collaboratively review and label content on the network, thereby enhancing the user experience by allowing for tailored moderation services.
AI roundup: In today's top news on artificial intelligence (AI), billionaire and Tesla chief Elon Musk has grabbed attention with his views on the future of AI; US-based startup Cognition unveiled its AI software engineer called Devin, which can write and deploy codes. Check more AI news from today here.
OpenAI lambasted Elon Musk's allegations against it, saying in a court filing that the billionaire entrepreneur's claims “rest on convoluted — often incoherent — factual premises.”
Elon Musk's X plans to launch a television app for Amazon and Samsung smart televisions next week, Fortune reported, citing an unidentified person working at the social media company.
Since his tumultuous takeover of Twitter, Elon Musk has made an unabashed turn to the right politically, defying the orthodoxy that Silicon Valley is a citadel of well-heeled liberals beholden to Democrats. Long considered non-identifiable ideologically, Musk's politics are now hardline right wing as he uses his platform (now called X) to stoke the themes cherished by Fox News, conservative talk radio and far right movements across the West.
OpenAI CEO Sam Altman will return to the ChatGPT-maker's board along with three new directors, the company said on Friday. Below is a timeline of the events in a tumultuous few months for the artificial intelligence company. Date Event Nov. 17, OpenAI board fires CEO Sam Altman and 2023 President Greg Brockman quits. Mira Murati named as interim CEO Nov. 18, Altman's firing was over a "breakdown in 2023 communication between Sam and the board," and not "malfeasance", COO Brad Lightcap says in an internal memo Early investor Khosla Ventures says it wants Altman back at OpenAI, "but will back him in whatever he does next"
Elon Musk's X (formerly Twitter) has now introduced Articles as a way for users to share long-form content. This announcement comes amidst rumours that the microblogging platform could face a raft of new technology rules placed by the European Union as part of the Digital Markets Act. Nonetheless, X has been bringing about a myriad of changes since its takeover by the Tesla CEO, the latest of which is the Articles feature. Know all about it.
OpenAI shot back at accusations from Elon Musk that the ChatGPT maker betrayed its founding goals of benefiting humanity and chose to pursue profits, vowing to get his lawsuit thrown out.
Former Bungie employee and composer for the Halo franchise, Marty O'Donnell, has announced his intention to run for congress in the United States. O'Donnell is best known for his work composing the Halo soundtracks and the original Destiny alongside Michael Salvatori, which came to a swift end following his termination in April 2014.