Desk Report: Tech tycoon Elon Musk has called for a boycott of Netflix, accusing it of promoting messages about transgender people in children’s programs. In the meantime, this popular streaming platform has faced huge losses due to his boycott call. On October 1, Elon Musk urged his followers to cancel their Netflix subscriptions in a post on his social media platform X. According to a report by Financial Express, Netflix’s market value collapsed immediately after Elon Musk’s post. $7 billion disappeared from the market. The company’s market value, which was…
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Elon Musk becomes the first $500 billion owner in history
Desk Report: Elon Musk has set a new milestone in the list of world’s richest people. As a result of his extraordinary success in various technology sectors, including electric car maker Tesla and space research company SpaceX, his wealth has now reached $ 500 billion. This information was reported by the American magazine Forbes. According to the Forbes Billionaire Index today (October 2), Wednesday (October 2), Musk’s wealth reached $ 500 billion at one point in the day, and then at 5 pm Eastern time in the United States, it…
Read MoreMusk is now worth $500 billion, when will he become a trillionaire?
Desk Report: Elon Musk, the entrepreneur behind companies like Tesla, SpaceX, Neuralink and X, has become the first person in human history to own a fortune of half a trillion dollars. According to Forbes’ real-time billionaires tracker, the world’s richest person is now worth $500.1 billion. Musk became the first person to own a fortune of $400 billion or more last December. He is now $150 billion ahead of second-place Oracle co-founder Larry Ellison. The South African-born businessman’s wealth is largely based on his electric car company Tesla. Musk owns…
Read MoreElon Musk is bringing an alternative to Wikipedia, explains why
Desk Report: Elon Musk has always expressed his strong dissatisfaction with Wikipedia, the world’s largest online free encyclopedia. Now, the American billionaire has announced a direct alternative to it. His AI company XAI (XAI) is creating a new open-source knowledge repository, called ‘Grokipedia’. Musk claims that it will be much better than Wikipedia and will be based only on ‘truth and information’. Musk has called Wikipedia by various names such as ‘Wokipedia’ and ‘Dickipedia’ at various times. He has also called for donors to stop donating. Observers believe that Elon…
Read MoreMusk plans to send Starship to Mars in 2029
Desk Report: Sending humans to Mars is one of the dreams of billionaire Elon Musk. And the Starship built by his company SpaceX will help fulfill this dream. And he plans to send Starship to Mars in 2029. Musk recently shared a stunning picture of the Starship on X. He also said that Starship is real. No artificial intelligence (AI) was used in its design. Then an X user asked Musk about the timeline of the Mars journey. In response, Musk wrote, “In November or December of next year, the…
Read MoreMusk’s XAI hands over Grok training to college students
Desk Report: Elon Musk’s XAI data annotation team is undergoing a massive layoff and leadership change. In the meantime, the company’s artificial intelligence technology ‘Grok’ training team has been handed over to a college student who joined just eight months ago. Diego Pasini, who graduated from high school in 2023, is currently working as the head of XAI’s data annotation team. This team labels, classifies and analyzes data to help Grok understand real-world data. A few days ago, the first phase closed the Slack accounts of at least 9 high-ranking…
Read MoreMusk strengthens his control over Tesla, buys $1 billion worth of shares
Desk Report: Tesla CEO Elon Musk has bought nearly $1 billion worth of Tesla shares, according to a regulatory filing. Musk’s control over the company has been further strengthened. Tesla shares rose more than 8 percent in early trading on Monday after the news. Tesla is currently on a roll with ambitious plans to expand its reach into robotaxis, artificial intelligence (AI) and robotics. The company is seeking to transform itself from an electric carmaker into a technology company. According to LSEG, Musk owned about 13 percent of Tesla in…
Read MoreMusk lays off 500 AI trainers at once
Desk Report : According to US media outlet Business Insider, the layoffs are primarily aimed at ‘generalist AI tutors’. The company says it will now focus on hiring and expanding ‘specialist AI trainers’. An email read, ‘After an extensive review of our human data operations, we have decided to expand and prioritize our specialist AI trainers. This strategic change will be effective immediately. As a result, most generalist AI tutors are no longer needed and your jobs are ending here. The employees have been told that they will be paid…
Read MoreElon Musk could become the world’s first trillionaire with Tesla’s new proposal
Desk Reports: Tesla shareholders could see Elon Musk become the world’s first trillionaire if they approve a new proposal. The proposed package would see Musk awarded an additional 423.7 million Tesla shares if he meets certain financial goals, valuing the company at about $143.5 billion at current market prices. However, the condition for getting these shares is that Tesla’s market value will increase dramatically in the coming years to reach $8.5 trillion. As a result, the price of the shares will increase several times compared to the current one, making…
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