Elon Musk just became the first person ever worth $500 billion
Musk is now half-way to becoming the first ever trillionaire.
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Why Spotify CEO Daniel Ek is stepping down after nearly two decades
Daniel Ek, the billionaire founder of the $150 music streamer, is exiting Spotify’s top role as he is increasingly backing moonshot tech companies
The humble origins of TikTok’s almighty algorithm
An exclusive excerpt from Every Screen On The Planet reveals how the social media app’s powerful recommendation engine was shaped by a bunch of ordinary, twentysomething curators—including a guy named Jorge.
The web of billionaire pals taking control of TikTok in the US
The exact lineup of investors is still under wraps but the network of players is in some cases nearly half a century in the making.
Crypto boom creates 69,000 new millionaires in the past 12 months
The number of ultra-wealthy crypto individuals is rising sharply, thanks in large part to the surge in Bitcoin, a new report from Henley & Partners has revealed.
Tesla’s full-self driving software is a mess. Should it be legal?
Elon Musk hypes the AI-enabled system, and getting more people to buy it is key to his new pay package. But in a recent test, it ignored some street signs and squashed a mannequin child.
Disney+ and Hulu prices will rise again mext month
Customers will see price increases on October 21, Disney said.
WiFi start-up Morse Micro banks $88 million Series C
The capital will fuel Morse Micro’s international expansion, scale production and support its transition to IoT 2.0.
Elon Musk’s xAI could be valued at $200 billion after $10 billion funding round, report says
Elon Musk’s artificial intelligence firm xAI will hold a funding round valuing the company at $200 billion, according to CNBC, keeping up with or nearing massive valuations from competitors like Anthropic and OpenAI.
‘If we don’t build our own stack, we become someone else’s customer’: Australia’s AI warning
India, France, the UK and the UAE are already building sovereign AI. An Aussie LLM needs 30 billion parameters, and can protect against offshore policy shifts, price shocks, and opaque black-box systems.