ai

Auto Added by WPeMatico

Elon Musk takes witness stand in trial over Twitter takeover

Twitter investors allege the billionaire publicly derided the social network to sink its stock price and buy it at a bargainElon Musk took the stand on Wednesday in a trial brought by Twitter investors, who allege the billionaire committed securities fraud as he was buying the social media company in 2022. The class-action lawsuit alleges

Elon Musk takes witness stand in trial over Twitter takeover Read More »

US tech firms pledge at White House to bear costs of energy for datacenters

Companies will pay for upgrades and new electricity generation in agreement to mitigate concerns of rising billsGoogle, Microsoft, Meta, Amazon and several artificial intelligence companies signed a pledge at the White House on Wednesday to bear the cost of new electricity generation to power their datacenters.The agreement is meant to help mitigate concerns that big

US tech firms pledge at White House to bear costs of energy for datacenters Read More »

Union tries to seize control of works council at Tesla’s German factory

Lawsuits and slander claims fly in IG Metall’s battle with Elon Musk over employment rights and conditionsBusiness live – latest updatesEurope’s largest trade union is trying to gain control of the works council at Elon Musk’s Tesla gigafactory near Berlin, in an industrial relations showdown marked by lawsuits and mutual accusations of slander.The works council,

Union tries to seize control of works council at Tesla’s German factory Read More »