Tag: Elon Musk
Palantir paid just £2m in UK corporation tax, rogue AI outsmarted government tests
The software group Palantir paid just £2m in corporation tax in the UK in 2024, despite holding public sector contracts worth hundreds of millions, thanks to tax breaks that are likely […]
SpaceX shares fall over AI spending concerns
Shares in Elon Musk’s SpaceX tumbled nearly 9% in after-hours trading following the release of the company’s first-ever earnings report as a publicly traded entity. The sharp decline was driven […]
Space datacentres ‘catastrophic’ for planet, Jimothy raccoon is latest internet sensation
Space datacentres proposed by SpaceX, Jeff Bezos’s Blue Origin and others would release staggering levels of pollution that would probably alter the Earth’s atmosphere and be “catastrophic” for the planet, space industry […]
Starlink prepares to launch Mini 2 with integrated battery
SpaceX is expanding its portable satellite internet lineup with the upcoming production of the Starlink Mini 2. Recent firmware discoveries indicate that the next-generation compact dish is officially entering the […]
BT and Verizon to create global business in $625m deal, Sharp announces ‘food tracking’ smartwatch
BT and the US mobile company Verizon are to combine their international businesses, ending the British telecom group’s more than 18-month search for a buyer. Verizon will pay a $625m […]
SpaceX shares slump amid tech sell off, Meta halts worker tracking
Elon Musk has seen $350bn (£264bn) shaved off his net worth as SpaceX share prices have slumped. Mr Musk became the world’s first trillionaire, and is likely to have been the […]
Elon Musk becomes world’s first trillionaire, but are SpaceX shares worth buying?
Elon Musk has officially breached the final financial frontier. Following the blockbuster initial public offering (IPO) of SpaceX on Friday, a spectacular 19.22% stock surge has pushed Musk’s net worth […]
SpaceX raises $75 billion from Wall Street elite ahead of $1.8 trillion IPO
SpaceX has successfully secured $75 billion from global financial institutions in a private funding round just hours before its highly anticipated stock market flotation. The historic capital raise positions the […]
OpenAI confirms plans to go public, Bank of England urges crackdown on deep fakes
OpenAI, the company behind popular chatbot ChatGPT, has become the latest artificial intelligence (AI) giant to reveal plans to sell shares to the public through a stock listing. Its decision had […]
New claims against Elon Musk’s xAI, Apple to partner with Google and Nvidia for next-gen Siri
New claimants have come forward to take legal action against Elon Musk’s company xAI after the Labour MP Jess Asato launched a test case against the firm over demeaning sexualised material […]
