Musk said the decision was made because of a bill signed by California Gov. Gavin Newsom that prevents school districts from requiring employees to notify parents if a student wants to use different pronouns.
Musk is reportedly expected to donate to a new super PAC backed by his friends in the tech industry.
Tesla stock, viewed by analysts as a beneficiary of a Trump Administration, gained 5% in the first day of trading after its CEO Elon Musk endorsed Trump following the attempt on Trump’s life.
After selling Candy Crush developer for $5.9 billion, one cofounder Sebastian Knutsson has a new gaming startup.
Apple can generate a whopping $485 billion in iPhone revenues over the next two years as users upgrade to AI-enabled devices, according to Morgan Stanley analyst projections.
Melbourne-headquartered JigSpace is on a roll. It is being compared to Canva and completed its latest fundraising round in the same week Apple CEO Tim Cook called the company ‘incredible.’
The telco that made $2 billion in profit last year is hiking mobile plan prices 4%. Meanwhile, the Telstra workforce is bracing for 2,800 layoffs this week.
An Australian firm is revolutionising carbon capture in the cement, steel, power generation, and chemical production industries. KC8 received $10m in funding from Woodside Energy and Mexico’s Cemex Ventures.
The automaker added about $257 billion to its market cap over an 11-session rally.
Microsoft has invested $13 billion in OpenAI, but said in a letter it felt confident over the ChatGPT maker’s future and no longer believed an observer seat on the startup’s board was necessary.