Colossus is finished: Possibly the fastest supercomputer in the world:
The Colossus supercomputer uses 100,000 H100 accelerators from Nvidia ...
heise.de/news/xAI-hat-offenbar-den-schnellsten-Supercomputer-der-Welt-fertiggestellt-9857511.html
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| Last Updated | Sep 05 |
| Total Articles | 2 |
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Colossus is finished: Possibly the fastest supercomputer in the world: The Colossus supercomputer uses 100,000 H100 accelerators from Nvidia ...
heise.de/news/xAI-hat-offenbar-den-schnellsten-Supercomputer-der-Welt-fertiggestellt-9857511.html
Starlink relents to Brazil, agrees to block Elon Musk’s X platform: Starlink complies with order to block X but vows to keep fighting asset freeze.
arstechnica.com/tech-policy/2024/09/starlink-reluctantly-blocks-x-in-brazil-vows-to-keep-fighting-asset-freeze/
Quick Glance: Starlink Blocks X in Brazil Amid Legal Dispute
- Starlink has agreed to comply with Brazil's order to block the X platform.
- This decision follows a court ruling that froze Starlink's assets, while the company continues to challenge this order legally.
- The Brazilian telecom agency Anatel confirmed that Starlink would implement the blocking within hours.
- The conflict between X and Brazil has escalated over several months, particularly after Musk threatened to ignore legal directives.
Elon Musk says the first Starship Mars flight will happen in 2 years: "These will be uncrewed to test the reliability of landing intact on Mars ...
businessinsider.com/elon-musk-first-starship-launch-mars-happen-2-years-2024-9
Quick Glance: First Uncrewed Mars Flight Scheduled for Two Years
- Elon Musk announced that the first uncrewed flight of SpaceX's Starship to Mars will occur in two years.
- These missions aim to test the reliability of landing on Mars, with the potential for crewed flights in four years if successful.
- Musk anticipates an exponential increase in flight rates if these timelines are met.
- His Mars colonization plans have frequently shifted, with earlier timelines often revised.
Elon Musk on track to be world's first trillionaire by 2027: report: Musk's wealth, which is closely tied to his Tesla stake, has fluctuated over the past few ...
businessinsider.com/elon-musk-trillionaire-first-2027-tesla-wealth-money-2024-9
Paid articlePaywall
Quick Glance: Elon Musk: First Trillionaire by 2027?
- Elon Musk is set to become the world's first trillionaire by 2027, with his wealth growing at an annual rate of 110%.
- The Trillion Dollar Club report predicts Gautam Adani will be the second trillionaire in 2028, followed by Jensen Huang and Prajogo Pangestu.
- Public interest in who will become the first trillionaire has been ongoing since John D. Rockefeller was named a billionaire in 1916.
- Musk faced backlash for a controversial post about the Holocaust, which he later deleted.
Elon Musk’s Twitter Takeover Is Now the Worst Buyout for Banks Since the Financial Crisis
on.wsj.com/4dP6uuT
Elon Musk is intrigued by the idea women can’t think freely because of ‘low T’: Every time it seems he can’t possibly sink any lower, the billionaire CEO grabs a ...
theguardian.com/commentisfree/article/2024/sep/07/elon-musk-women-testosterone
Quick Glance: Elon Musk Highlights Toxic Masculinity in Controversial Post
- Elon Musk has recently attracted attention for sharing misogynistic content on X, including a post suggesting that women and 'low T men' cannot think freely.
- His response, calling the statement an 'interesting observation,' may reflect his actual endorsement of such harmful views.
- The term 'low T' illustrates how toxic masculinity also affects men, pressuring them to display their testosterone levels and influencing political discourse.
- While declining testosterone levels among men are concerning, they are primarily attributed to environmental factors, not feminism.
Imane Khelif slams 'cruel' Elon Musk in emotional interview: Imane Khelif has hit out Elon Musk for helping to facilitate a 'cruel' campaign of abuse against her ...
metro.co.uk/2024/09/08/imane-khelif-slams-cruel-elon-musk-emotional-interview-21568597/
Quick Glance: Imane Khelif Critiques Elon Musk in Tearful Interview
- Imane Khelif condemned Elon Musk for facilitating a 'cruel' campaign of abuse against her during the Olympic Games in Paris.
- Despite being cleared to compete, Khelif faced constant online harassment, especially after her victory in women's boxing.
- Musk amplified the attacks by sharing a post criticizing her participation, contributing to the online hate she received.
- Khelif has filed a lawsuit against X for cyber harassment and seeks an investigation into those responsible for the abuse.
Musk says SpaceX to launch first uncrewed Starships to Mars in two years: SpaceX will launch its first uncrewed Starships to Mars in two years when the next ...
reuters.com/technology/space/musk-says-spacex-launch-first-uncrewed-starships-mars-two-years-2024-09-07/
Quick Glance: Musk Announces Uncrewed Starship Mars Mission Timeline
- SpaceX plans to launch its first uncrewed Starships to Mars in two years.
- Elon Musk stated these missions will test the reliability of landing on Mars.
- If successful, the first crewed flights to Mars could occur in four years.
- Musk aims to establish a self-sustaining city on Mars within about 20 years.
Elon Musk Lays Out Plan for Mars Colony: Saturday evening, Tesla and SpaceX CEO Elon Musk laid out his plans for Mars exploration and colonization.
on.barrons.com/3XwqxsJ
What Right-Wing Influencers Actually Said in Those Tenet Media Videos: A WIRED analysis shows that right-wing stars like Tim Pool and Benny Johnson focused on ...
wired.com/story/influencers-tenet-benny-johnson-tim-pool-russia-propaganda-videos/
Ziff Davis Sep 04
Nvidia Rumored to Be Increasing Power for Blackwell GPUs: RTX 5090 at 600W, 5080 at 400W
extremetech.com/gaming/nvidia-rumored-to-be-increasing-power-for-blackwell-gpus-rtx-5090-at-600w
Gizmodo Sep 06
Report Claims Advertisers Will Flee Elon’s X Next Year, Tanking Revenue Even Further
gizmodo.com/report-claims-advertisers-will-flee-elons-x-next-year-tanking-revenue-even-further-2000495507
Elon Musk: SpaceX plans flight to Mars for 2026 - | Golem.de: SpaceX's Starship is about to make its fifth flight. According to Elon Musk ...
golem.de/news/elon-musk-spacex-plant-flug-zum-mars-fuer-2026-2409-188798.html
Musk's xAI in talks for share in future Tesla revenue, WSJ reports: Elon Musk's AI startup xAI has held talks for a share in future Tesla revenue in return for ...
reuters.com/technology/musks-xai-talks-share-future-tesla-revenue-wsj-reports-2024-09-08/
Quick Glance: Musk's Venture Links AI Technology with Tesla
- Elon Musk's AI startup xAI is negotiating a deal with Tesla.
- Tesla may license xAI's AI models for its driver-assistance software.
- In return, Tesla would share a portion of the revenue with xAI.
- xAI will also assist in developing new features for Tesla's products.
Elon Musk Has Backed Himself Into a Corner in Brazil: After a public standoff with a judge over X and Starlink’s operations in the country ...
wired.com/story/x-starlink-brazil-suspension-musk/
Quick Glance: Musk Cornered: X and Starlink's Brazil Dilemma
- Elon Musk has lost X's access to Brazil, impacting over 40 million users, due to non-compliance with orders from the TSE.
- The ban on X forced Starlink to comply with court rulings to retain its customer base.
- Musk continues to challenge the judiciary, escalating conflicts with the TSE, which has been addressing misinformation and hate speech since 2019.
- The closure of X's office in Brazil has created further legal complications, while conservative politicians seek to contest the suspension.
Brazil: Ex-President Bolsonaro leads protest against blocking of X: A Supreme Federal Judge has ordered the platform to be shut down. The former head of state is ...
sueddeutsche.de/politik/brasilien-bolsonaro-sperrung-x-demo-lux.4pUfUwHAW8qdQ15mnWi7ga
Starlink tells Brazil regulator it will not comply with X suspension: Elon Musk-controlled satellite internet provider Starlink has told Brazil's telecom ...
reuters.com/technology/starlink-tells-brazil-regulator-it-will-not-comply-with-x-suspension-2024-09-02/
Quick Glance: Brazil Blocks Musk's X Amid Ongoing Legal Dispute
- Brazil has begun blocking Elon Musk's platform X after the company failed to comply with a court order.
- The suspension was enforced after X missed a deadline to appoint a legal representative in Brazil, escalating tensions with the Supreme Court.
- Court actions include daily fines for users attempting to access the platform via VPNs.
- The dispute has also resulted in the freezing of bank accounts belonging to Musk's satellite provider Starlink in Brazil.
Time snubs Elon Musk from 100 most influential people in AI — but includes Scarlett Johansson
nypost.com/2024/09/06/business/time-snubs-elon-musk-from-100-most-influential-people-in-ai/
Elon Musk keeps tweeting, which won't help his ad woes: Advertisers are never coming back to Twitter as long as Elon Musk keeps tweeting.
businessinsider.com/elon-musk-hitler-tucker-carlson-advertisers-2024-9
Elon Musk says human could reach Mars in 4 years after uncrewed SpaceX Starship trips
usatoday.com/story/news/nation/2024/09/09/spacex-launch-mars-elon-musk-starship/75145498007/
Elon Musk is out of control. Here is how to rein him in: He may be the richest man in the world – but that doesn’t mean we’re powerless to stop him
theguardian.com/commentisfree/article/2024/aug/30/elon-musk-wealth-power
Quick Glance: Limit Musk's Influence and Power Now
- Elon Musk is leveraging his vast wealth to gain unchecked political power, supporting Trump and other authoritarian figures.
- He has backed pro-Trump initiatives and is spreading misinformation, contributing to increased hate and violence on platforms like X.
- Regulators and consumers should take action against Musk, including boycotts and legal measures to curb the spread of lies.
- The US government should reconsider its contracts with Musk's SpaceX to prevent him from gaining a monopolistic position through public funding.
What if Elon Musk ran the economy?: The Tesla boss opposes Biden’s EV tariffs on China, which begs the question of how he would cope with Trump’s duties
ft.com/content/953d9b03-c670-4eb8-9044-bd67a704a168
X is hiring staff for security and safety after two years of layoffs: The hiring effort comes after X, formerly known as Twitter, laid off 80% of its trust and ...
techcrunch.com/2024/09/04/x-is-hiring-staff-for-security-and-safety-after-two-years-of-layoffs/
AMD confirms it won't prioritize competing with Nvidia's top gaming GPUs
techspot.com/news/104633-amd-confirms-wont-prioritize-competing-nvidia-top-gaming.html
AMD announces unified UDNA GPU architecture — bringing RDNA and CDNA together to take on Nvidia's CUDA ecosystem
tomshardware.com/pc-components/cpus/amd-announces-unified-udna-gpu-architecture-bringing-rdna-and-cdna-together-to-take-on-nvidias-cuda-ecosystem
Quick Glance: AMD Unifies RDNA and CDNA into UDNA Architecture
- AMD announced the UDNA architecture at IFA 2024, unifying RDNA and CDNA to more effectively challenge Nvidia's CUDA ecosystem.
- Jack Huynh explained that this unification will aid developers by eliminating the need to choose between two architectures, thus reducing complexity.
- AMD aims to enhance software support to compete with Nvidia's CUDA while continuing to focus on the ROCm development.
- The UDNA architecture may introduce AI acceleration units for consumer GPUs, which is critical for the current market.
Donald Trump could turn Elon Musk into an American oligarch: Musk’s potential foray into government would represent a striking development for the billionaire.
politico.com/news/2024/09/07/trump-elon-musk-government-position-00177845
Quick Glance: Trump Proposes Efficiency Commission for Government Reform
- Donald Trump called for the establishment of an efficiency commission in New York, tasked with auditing the federal government and suggesting significant reforms to cut costs.
- Elon Musk was named as the commission's leader, which aims to save 'billions and billions' despite potential conflicts of interest due to his business ties.
- Trump announced intentions to reduce existing regulations and lower the corporate tax rate to 15%, while proposing new protectionist measures on foreign goods.
- He criticized the economic agenda of opponent Kamala Harris, claiming his plans would stimulate economic growth, countering reports from experts suggesting otherwise.
Business Insider Sep 08
According to wealth analysis: Musk could become a trillionaire by 2027: According to an analysis, Elon Musk could soon become a trillionaire ...
businessinsider.de/wirtschaft/laut-vermoegensanalyse-musk-koennte-bis-2027-billionaer-werden/
Elon Musk's X will keep bleeding ad dollars next year: More than a quarter of marketers plan to slash spending, as trust in the social media platform's ads has ...
qz.com/elon-musk-x-twitter-ads-marketers-lower-spending-trust-1851640460
Elon Musk says SpaceX will land on Mars in 2 years: Musk said the mission will be the precursor to humans landing on Mars, which he hopes will happen in the next ...
qz.com/elon-musk-spacex-mars-landing-two-years-1851643174
Paid articlePaywall
Elon Musk is wrong – high-status males shouldn’t be in charge of anything: The tech tycoon might be one of the world’s richest men, but his thoughts on who ...
independent.co.uk/life-style/elon-musk-twitter-x-men-andrew-tate-b2606928.html
Quick Glance: High Status Alone Isn't Enough for Leadership
- Elon Musk advocates that only high-status men and neurodivergent individuals should lead, reflecting outdated sexist thinking.
- History shows that self-centered leaders often lead to war, colonialism, and inequality, casting doubt on their suitability.
- Modern leadership requires empathy and inclusive approaches, while Musk's one-dimensional perspective is outdated and misaligned with current societal needs.
- The future of leadership lies in collaboration and understanding complex, interconnected realities, not in machismo and dominance.
Elon Musk Is an Internet God: With both X and Starlink under his control, the world’s richest man wields unprecedented power.
theatlantic.com/technology/archive/2024/09/elon-musk-brazil-starlink-x/679711/
Quick Glance: Musk as the All-Powerful Internet Mogul
- Starlink has connected hundreds of Brazilian communities to the internet but is embroiled in legal disputes with the government.
- The conflict between X and the Brazilian Supreme Court underscores tensions surrounding free speech and internet regulation.
- Musk not only controls information access through X but also determines who has internet access and what content is available.
- As the number of Starlink satellites increases, Musk's influence over global communication is set to expand significantly.
Shock - | well-known expert advises: This is why you should definitely sell your Nvidia shares now
boerse-online.de/nachrichten/aktien/schock-bekannter-experte-raet-darum-sollten-sie-die-nvidia-aktie-jetzt-unbedingt-verkaufen-20365617.html
The free speech billionaires are losing the war: Elon Musk and Pavel Durov have been asking for trouble. It has found them.
smh.com.au/technology/the-free-speech-billionaires-are-losing-the-war-20240902-p5k72x.html
Quick Glance: Challenges of Free Speech in the Digital Age
- Tensions between free speech absolutism and legal standards were highlighted by the arrest of Pavel Durov in France and the shutdown of X in Brazil.
- Elon Musk expressed fury over Brazil's Supreme Court decision to close X, labeling the actions as censorship while the court held X accountable for promoting hate speech.
- The European Commission has targeted X under the new Digital Services Act, accusing it of breaching EU laws, potentially leading to significant fines or a ban.
- The current landscape indicates that absolute free speech in the digital realm can lead to commercial vulnerability, as platforms face increasing accountability for the content they host.
Mark Cuban: Elon Musk's X isn't a 'bastion of free speech': "I know everyone thinks this platform is a bastion of free speech. I see the opposite ...
businessinsider.com/mark-cuban-elon-musk-x-not-bastion-of-free-speech-2024-9
Advertiser exodus from X gathers pace with 26% ‘planning to cut spending’: Annual survey highlights growing concern about platform content and trust in ...
theguardian.com/media/article/2024/sep/05/advertiser-exodus-x-survey-2025-elon-musk
Uh oh, Elon: Half of European marketers plan to cut spending on X ads: The advertising exodus from X is set to accelerate. In 2025, almost half of marketers in ...
thenextweb.com/news/marketers-cut-advertising-on-elon-musk-x
Nvidia (NVDA) Subpoenaed by Justice Department in Antitrust Investigation: The US Justice Department sent subpoenas to Nvidia Corp. and other companies as it ...
bloomberg.com/news/articles/2024-09-03/nvidia-gets-doj-subpoena-in-escalating-antitrust-investigation
Quick Glance: Nvidia Stock: Decline or Buying Opportunity?
- Nvidia's stock fell over 13% due to weak economic data and uncertainties following positive quarterly results.
- BlackRock strategists questioned whether AI revenues would justify high investments, while US antitrust authorities are investigating Nvidia.
- Despite the drop, the long-term AI hype remains intact, positioning Nvidia as a key player in this sector.
- Analysts recommend buying the stock, noting a decrease in the price-to-earnings ratio compared to the past five years, along with expectations of significant revenue and profit growth.
Nvidia CEO reveals why he chooses to ‘torture’ his employees: The CEO recently opened up about how to he keeps his employees in check.
sacbee.com/news/business/article292155145.html
Musk's xAI Supercomputer Goes Online With 100,000 Nvidia GPUs: Harnessing Nvidia's H100 GPUs, Musk's startup was able to assemble the supercomputer for AI ...
pcmag.com/news/musks-xai-supercomputer-goes-online-with-100000-nvidia-gpus
Quick Glance: Musk Launches xAI Supercomputer with 100,000 Nvidia GPUs
- Elon Musk has launched a supercomputer with 100,000 Nvidia H100 GPUs in Memphis, Tennessee, completed in just four months.
- The construction cost of at least $3 billion will see the facility expand to 200,000 GPUs in the near future.
- xAI, Musk's latest startup, aims to use the supercomputer to develop generative AI technologies, including the controversial chatbot Grok.
- Concerns have been raised about the environmental impact and local infrastructure challenges in Memphis despite the rapid deployment.
SeekingAlpha 17h
Nvidia: Cheapest It's Been In A Decade: Nvidia's stock poised for mid-teens returns with strong demand for AI chips and growth prospects, despite potential risks ...
seekingalpha.com/article/4719917-nvidia-cheapest-its-been-in-a-decade
Paid articlePaywall What You Need to Know About Grok AI and Your Privacy: xAI's generative AI tool, Grok AI, is unhinged compared to its competitors. It's also scooping up a ton of ...
wired.com/story/grok-ai-privacy-opt-out/
Anti-terror measures: Hofreiter would block X and Telegram if necessary - | Golem.de
golem.de/news/antiterror-massnahmen-hofreiter-wuerde-notfalls-x-und-telegram-sperren-2409-188785.html
Donald Trump Botches New BFF Elon Musk’s Name And You Know What Happened: Hilarity ensued over the former president's latest stumble.
huffpost.com/entry/donald-trump-elon-musk-name-flub_n_66de91f4e4b05e7aac7c2edb
The College Dropout Who Invested Billions to Cozy Up With Elon Musk: Venture capitalist John Hering bet his career, time and money on Musk enterprises ...
on.wsj.com/3XAN07U
Trump backs a Musk-led efficiency commission to audit the entire government: Trump said Musk's commission would recommend 'drastic reforms' and develop a plan to ...
fastcompany.com/91185493/trump-musk-efficiency-commission-audit-government-2024-election
Volvo Cars looks to Nvidia-powered software, 'megacastings' for future EVs: Swedish automaker Volvo Cars slashed its margin and revenue ambitions for a second ...
reuters.com/business/autos-transportation/volvo-cars-looks-nvidia-powered-software-megacastings-future-evs-2024-09-05/
Quick Glance: Volvo Cars Scales Back EV Goals for 2030
- Volvo Cars has abandoned its goal of offering only electric vehicles by 2030.
- The company anticipates that plug-in hybrids will be crucial for future profit growth.
- Increasing demand for hybrid vehicles is prompting a strategic shift in the automotive industry.
- By 2025, Volvo expects electrified cars to make up 50% to 60% of its sales volume.
Nvidia’s (NVDA) Stock Plunge Wipes Out $400 Billion in Value: Nvidia Corp. has wiped out more than $400 billion in value this week, weighing on key equity ...
bloomberg.com/news/articles/2024-09-06/nvidia-s-400-billion-tumble-this-week-makes-bitcoin-look-calm
Musk’s Twitter investors have lost billions in value: Musk bought X with a combination of his own money, bank loans and capital raised from friends and ...
wapo.st/3z18i5j
Quick Glance: Musk and Twitter Investors Face Billions in Losses
- Elon Musk acquired Twitter for $44 billion, relying on bank loans and numerous investors.
- Under Musk, X's valuation has plummeted, with Fidelity reporting a 72% decrease, leading to a $24 billion loss for Musk and his partners.
- Key investors like Jack Dorsey have suffered significant losses, while Prince Alwaleed bin Talal claims his investment remains unchanged.
- X's financial struggles have been exacerbated by declining advertising revenue and ongoing regulatory investigations.
Elon Musk's Robotaxi event will be different than recent Tesla reveals: It looks like Elon Musk is headed to Hollywood for Tesla's Robotaxi event ...
businessinsider.com/elon-musk-tesla-robotaxi-event-warner-bros-discovery-studio-report-2024-9
Quick Glance: Relocation for Tesla: Unexpected Layoff Experience
- A former Tesla employee was laid off after relocating for work.
- The employee had recently moved to a new site to support the energy department.
- The layoff was abrupt and unexpected, despite receiving positive feedback from managers.
- The family now feels isolated in a rural area and faces financial uncertainty due to lease obligations.
Donald Trump Mistakenly Calls Elon Musk ‘Leon’ at Wisconsin Rally: Behind the bulletproof glass at his Monisee, Wisconsin rally on Saturday ...
thedailybeast.com/donald-trump-mistakenly-calls-elon-musk-leon-at-wisconsin-rally
Quick Glance: Trump Confuses Elon Musk with Leon at Rally
- Donald Trump mistakenly called Elon Musk 'Leon' during a rally in Wisconsin.
- He discussed Boeing's challenges and pointed to his own plane.
- Trump referenced Musk's SpaceX plan to rescue astronauts stranded on the International Space Station.
- The former president suggested Musk could lead a government efficiency commission if he wins the 2024 election.
Top 10 people most likely to reach trillionaire status: On Sept. 29, 1916, newspapers across the country announced a wealth milestone once thought to be ...
cnbc.com/2024/09/06/top-10-people-most-likely-to-reach-trillionaire-status.html
Tesla doesn't need xAI's help to improve its self-driving tech, Elon Musk says: Musk and Tesla's board have considered investing $5 billion in his AI startup ...
qz.com/elon-musk-tesla-xai-ai-revenue-deal-fsd-optimus-robots-1851643038
Trump says he’d create a government efficiency commission led by Elon Musk: It is the latest attention-grabbing alliance mooted between Trump and Musk ...
theglobeandmail.com/world/article-trump-says-hed-create-a-government-efficiency-commission-led-by-elon/
t3n.de 20h
SpaceX: When the first Starship will fly to Mars: SpaceX CEO Elon Musk has made a new prediction as to when the first Starship will reach Mars. Demn
t3n.de/news/spacex-wann-erste-starship-mars-fliegen-1645047/
TSMC’s August Revenue Climbs 33% as AI Chip Demand Holds Up: Taiwan Semiconductor Manufacturing Co.’s revenue rose 33% last month, in a positive signal to ...
bloomberg.com/news/articles/2024-09-10/tsmc-s-august-revenue-climbs-33-as-ai-chip-demand-holds-up
AMD exec: Next-gen Radeons focus on mainstream, not monster GPUs: AMD exec Jack Huynh says that next-gen Radeon RX 8000 GPUs will prioritize market share over ...
pcworld.com/article/2451584/amd-exec-says-radeon-will-prioritize-market-share-not-high-end-gpus.html
Fight against terrorism: Green politician Hofreiter wants to block Platform X if necessary
welt.de/politik/deutschland/article253404566/Anti-Terror-Kampf-Gruenen-Politiker-Hofreiter-will-notfalls-Plattform-X-sperren.html
Stock market today: Another rout hits Wall Street, giving S&P 500 its worst week in 18 months
apnews.com/article/stock-markets-fed-inflation-recession-typhoon-579d2e507f4a07d6667404a1e2eed14c
Trump Bombs His Big Speech Debuting Elon Musk’s Commission: Donald Trump was set to deliver a big economic speech that would unveil a new commission to crack ...
nymag.com/intelligencer/article/trump-bombs-his-big-economics-speech.html
Stocks Have Worst Week Of Year As Recession Fears Reemerge: Concerns about a weakening labor market fittingly cast over the poor Labor Day trading week.
forbes.com/sites/dereksaul/2024/09/06/stocks-have-worst-week-of-year-as-recession-fears-reemerge/
Elon Musk, investors reportedly lose more than $24B on X acquisition: Elon Musk's social media platform X has been valued by financial services firm ...
nypost.com/2024/09/03/business/elon-musk-investors-lost-over-24-billion-on-x-acquisition/
Quick Glance: Musk and Investors Lose Over $24 Billion in X Deal
- Elon Musk and his investors have faced a 72% decline in X's value since the acquisition in 2022, equating to $24 billion in losses.
- The initial investment of $33.5 billion is now valued at just $9.38 billion, while the remaining $44 billion was financed through bank loans.
- X's financial difficulties stem from advertisers leaving due to Musk's controversial content moderation policies.
- Notable investors, including Saudi Prince Alwaleed and Jack Dorsey, have suffered significant losses, with Dorsey now viewing his prior support for Musk as a mistake.
Elon Musk’s America PAC Supports Donald Trump With Facebook, YouTube, X Ads: Elon Musk’s America PAC is starting to fire up its digital ad campaign in support of ...
bloomberg.com/news/articles/2024-09-07/elon-musk-s-america-pac-supports-donald-trump-with-facebook-youtube-x-ads
Paid articlePaywall AMD deprioritizing flagship gaming GPUs: Jack Hyunh talks new strategy against Nvidia in gaming market
tomshardware.com/pc-components/gpus/amd-deprioritizing-flagship-gaming-gpus-jack-hyunh-talks-new-strategy-for-gaming-market
Opinion | Trump’s Best Idea: Unleashing Elon Musk on Government: The entrepreneur wants to run a commission on government efficiency.
on.wsj.com/3ZAuU7N
X shutting down San Francisco headquarters on Friday the 13th: report: Elon Musk's social media company, X, is planning to officially shut down its San Francisco ...
foxbusiness.com/lifestyle/x-shutting-down-san-francisco-headquarters-friday-13th-report
Quick Glance: X Closes San Francisco Headquarters for Texas Move
- Elon Musk's company X will officially close its San Francisco headquarters on September 13.
- This decision follows the announcement to relocate the headquarters to Austin, Texas.
- Musk cited California's gender identity law as a primary reason for the move.
- In 2021, Musk moved Tesla's headquarters to Austin due to tensions with California's government.
Rivian CEO on his 'intentional effort' to not copy Tesla strategy: Rivian CEO RJ Scaringe spoke about Tesla during a podcast episode published Monday ...
businessinsider.com/rivian-ceo-intentional-effort-to-not-copy-tesla-strategy-2024-9
Longing for the old Twitter: Can you use "X" despite Elon Musk?: Since Elon Musk took over Twitter, our author, like many others, has been looking for ...
freitag.de/autoren/the-guardian/sehnsucht-nach-dem-alten-twitter-darf-man-trotz-elon-musk-x-nutzen
Paid articlePaywall Elon Musk is an unguided geopolitical missile: While his influence is showing up from Ukraine to China, he still lacks the ability to make the law
ft.com/content/b384c68c-a8b8-42ea-8786-337d962c2e96
Over 2 million new users flocked to Bluesky last week - here's why: X's rival platform had only 6 million users a few days ago.
zdnet.com/article/over-2-million-new-users-flocked-to-bluesky-last-week-heres-why/
Musk wants to move X. San Francisco officials say 'good riddance.': Elon Musk said he wants to move the X headquarters from California to Texas ...
businessinsider.com/san-francisco-opinion-elon-musk-x-relocation-texas-california-2024-8
Quick Glance: X Departs San Francisco: City Officials Unfazed
- Elon Musk is closing X's headquarters in San Francisco and relocating employees to Palo Alto and San Jose.
- City officials express little regret over the departure, citing significant changes in X that diverge from its original image.
- The shift to remote work during the pandemic and mass layoffs after Musk's acquisition have contributed to the exit.
- San Francisco continues to face high office vacancy rates, and X's departure is expected to have minimal financial impact.
Trump backs plan that would give Elon Musk broad role in U.S. policymaking: The GOP presidential nominee is endorsing a commission that could give Musk ...
wapo.st/47f5nCB
US Payrolls: Soft Print to Pressure Semiconductor Stocks, BofA Strategists Say: Semiconductor shares including Nvidia Corp. are in for a rough ride if US jobs ...
bloomberg.com/news/articles/2024-09-06/us-payrolls-soft-print-to-pressure-semiconductor-stocks
Elon Musk says he may limit travel after Telegram CEO's shock arrest : Elon Musk criticized Telegram CEO Pavel Durov's detention as a violation of free speech ...
businessinsider.com/elon-musk-may-limit-travel-after-telegram-ceo-shock-arrest-2024-8
Quick Glance: Durov's Arrest: A Power Struggle Between States and Firms
- Pavel Durov, founder of Telegram, was arrested in France for alleged complicity in illegal activities.
- Experts regard Telegram as a safe haven for extremist content and calls for violence.
- Durov's arrest may have significant implications for social media regulation and the power dynamics between states and private companies.
- The UK government could seize the opportunity to revise online safety laws and enhance tech firms' accountability for illegal content.
Elon Musk’s X will shut down its SF headquarters in two weeks—on Friday the 13th: Friday the 13th is a superstitious day of bad luck for many, as well as a ...
fortune.com/2024/08/29/elon-musk-x-twitter-san-francisco-office-shutting-down-on-friday-the-13th/
Paid articlePaywallThe College Dropout Who Invested Billions to Cozy Up With Elon Musk: Venture capitalist John Hering bet his career, time and money on Musk enterprises ...
wsj.com/business/entrepreneurship/musk-investors-spacex-ai-tesla-2711aca1
JD Vance Pushes Bonkers ‘They're Eating Cats’ Claims: Donald Trump’s running mate has an especially wild claim which links pets, crime, immigration and dinner ...
thedailybeast.com/jd-vance-pushes-truly-wild-conspiracy-theory
Paid articlePaywall Nvidia RTX 50-series Blackwell designs and specifications expected to be finalized this month — RTX 5080 rumored to have 400W TGP
tomshardware.com/pc-components/gpus/nvidia-rtx-50-series-blackwell-designs-and-specifications-expected-to-be-finalized-this-month-rtx-5080-rumored-to-have-400w-tgp
The ‘most powerful AI training system in the world’ just went online: Elon Musk has announced Colossus, which the xAI team built from the ground up in roughly ...
digitaltrends.com/computing/xai-colossus-ai-training-system-online/
Quick Glance: Mathematical Regulation of AI Safety Risks
- Regulators are using mathematical thresholds to identify powerful AI systems that may pose security risks.
- The U.S. government requires reporting for AI models performing over 10 to the 26th floating-point operations per second.
- Critics view these thresholds as arbitrary, arguing they could hinder the development of innovative AI technologies.
- Experts advocate for more flexible regulation to adequately assess and manage rapidly evolving AI technology.
Trump wants Elon Musk to do to the government what he did to Twitter: Let’s walk through what that would look like.
wapo.st/47nqqTF
The US Navy Is Going All In on Starlink: The Navy is testing out the Elon Musk–owned satellite constellation to provide high-speed internet access to sailors at ...
wired.com/story/us-navy-starlink-sea2/
Musk's 'hardcore' email leads to $600K payout: lessons for staff, employers: A Twitter employee won $600K for unfair dismissal after not responding to Musk's ...
businessinsider.com/elon-musk-twitter-unfair-dismissal-case-learnings-for-workers-employers-2024-9
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