Oracle co-founder Larry Ellison has claimed the title of the world’s richest man, overtaking Elon Musk after a staggering $101 billion surge in just 24 hours. The Bloomberg Billionaires Index reported Ellison’s net worth hit $393bn on Wednesday morning, surpassing Musk’s $385bn (£284bn). The leap in fortune was driven by soaring demand for Oracle’s cloud … Read more
The US Securities and Exchange Commission (SEC) has sued Elon Musk, accusing him of failing to disclose his 5% stake in Twitter within the required 10-day period, allowing him to purchase shares at “artificially low prices” and save $150 million. The lawsuit claims Musk delayed his disclosure by 21 days. In response, Musk criticised the … Read more
The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk for his actions related to the acquisition of Twitter. The U.S. Exchange Commission (SEC) has filed a lawsuit against Elon Musk over the purchase of Micro blogging, Twitter now X. The regular alleged that his acquisition of Twitter shares in … Read more
An artificial intelligence (AI) company owned by Elon Musk, the world’s wealthiest individual, has launched a new image analysis feature for its chatbot, Grok. Musk revealed the development on Friday, stating that the feature enables the analysis of images ranging from medical test results to video game content. “You can upload any image to Grok … Read more
President-elect Donald Trump has officially appointed fellow billionaire, Elon Musk as head of a new US Department of Government Efficiency (“DOGE”) under his administration. This was contained in a statement posted on Trump’s social media network Truth Social on Tuesday. The president-elect revealed that “the Great Elon Musk” would work with pharmaceutical and financial millionaire … Read more
Vivian Wilson, the estranged transgender daughter of billionaire X owner, Elon Musk, has expressed intentions to leave the United States following Donald Trump’s election win. Wilson had spoken out against Trump and her father, who threw weight behind the President-elect and played a vital role in getting him back into the White House. “I’ve thought … Read more
The parents company of Instagram has open up on why its launched Threads app to compete popular micro blogging platform, Twitter. In an emerging report gathered by iDeemlawful, the director of Instagram, Adam Mosseri had revealed what necessitate the launch of Threads app adopting mode of Twitter app owned by Elon Musk. The ‘volatility’ of … Read more
Twitter CEO Elon Musk said on Saturday that the social media platform will allow media publishers to charge users for each article clicked, calling it a win-win for the public and media organizations. Billionaire owner Musk tweeted that the feature, which will launch in May, will allow those who “don’t sign up for a monthly … Read more
Elon Musk has said he will resign as Twitter’s chief executive officer when he finds someone “foolish enough to take the job”. The billionaire promised earlier to abide by the result of a Twitter poll which saw 57.5% of users vote “yes” to him quitting the role. He says he will still run the software … Read more
New owner of Twitter, Elon Musk may be considering stepping down as the Chief Executive Officer of the micro-blogging company after less than two months on the job. Musk tweeted a poll via his verified handle Sunday night asking tweeps to vote on whether he should step down as Twitter’s CEO, adding that he would … Read more
