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Cathie Wood’s Ark Investment Appeal Decision To Void Tesla CEO’s Pay Package: Elon Musk Says ‘Awesome’
A group of Tesla shareholders, including Cathie Wood’s Ark Invest, are reportedly appealing the Delaware Chancery court’s decision to block Elon Musk’s $56 billion pay package at the EV company. read more
Cathie Wood’s Ark Invest Books Profits On Hot AI Stock Palantir, Sells Bitcoin ETF Shares As BTC Starts 2025 On A Positive Note
On Friday, Cathie Wood-led Ark Invest made significant trades involving PLTR, ARKB, and QSI. The PLTR trade sold shares worth $1.6 million, aligning with Ark’s trend of reducing their position in the hot AI stock. read more
Uber CEO Dara Khosrowshahi Resigns From Board Of Autonomous Vehicle Tech Company Aurora
Uber CEO Dara Khosrowshahi resigns from Aurora’s board, citing focus on Uber responsibilities. Shailen Bhatt appointed as director. read more
SpaceX To Deploy Model Starlink Satellites On Upcoming Starship Flight Test
Elon Musk’s rocket manufacturing company SpaceX is looking to deploy 10 model Starlink satellites during the upcoming test flight of its Starship launch vehicle in a bid to demonstrate its capabilities in the satellite launch segment, the company said on Friday. read more
Apple CEO Tim Cook Reportedly Donates $1 Million To Trump Inauguration, Joins Ranks Of Mark Zuckerberg, Jeff Bezos, And Sam Altman
Apple CEO Tim Cook donated $1 million to Trump’s inauguration, joining other tech leaders like Bezos, Zuckerberg, and Altman. Cook values unity. read more
Jeff Bezos Says ‘Good Old Days’ Are ‘Such An Illusion’ As Far As Planet Earth Is Concerned, But There’s One Exception
Jeff Bezos spoke about the pressing need to address environmental issues despite advancements in other areas. read more
GM Overtakes Ford EV Sales In Q4 With Equinox EV, Sells 670 Units Of Escalade IQ Priced At $130,000
General Motors said on Friday that it sold nearly 44,000 electric vehicles in the fourth quarter of 2024 with the help of new vehicle models, effectively overtaking rival Ford Motor Co which has been hesitant to add new EV models. read more
Microsoft To Invest $80 Billion In AI Data Centers For Fiscal 2025
Microsoft plans to invest $80 billion in developing AI-focused data centers by 2025. This follows OpenAI’s launch of ChatGPT and the growing demand for AI-powered applications. read more
Ford EV Sales Get Mustang Mach-E Speed Boost In Q4 As It Delays New Vehicle Launch
Dearborn-based Ford sold 30,176 electric vehicles in the fourth quarter in the U.S., taking its EV sales for the whole year to 97,865 units. read more