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Attorneys Behind Elon Musk’s Tesla Compensation Package Seek $6 Billion in Legal Fees

Global World Business /

Mar 1, 2024,08:09pm EST The legal team that played a pivotal role in nullifying Elon Musk’s $55.8 billion pay package at Tesla in January is now seeking $6 billion in legal fees, as reported by various sources. This request, filed in Delaware state court, proposes compensation in the form of more than 29 million Tesla […]

Attorneys Behind Elon Musk’s Tesla Compensation Package Seek $6 Billion in Legal Fees Read More »

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Boston Billionaire Constructs Robot Workforce for Construction Tasks

Global World Business, Global World Wealth /

Feb 20, 2024,06:30am EST On a chilly December morning, John Fish finds himself outside, overlooking the bustling construction site of the 33rd floor of South Station Tower, a towering skyscraper under construction in downtown Boston. Despite the biting cold, Fish’s attention is fixed on a bright red crane below, carrying a load of metal panels

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RJ Scaringe’s Rivian: Challenging Elon Musk Head-On

Global World Business /

Feb 20, 2024,06:30am EST On a brisk, overcast winter day in Palo Alto, California, RJ Scaringe strides through Rivian’s verdant Silicon Valley campus, brimming with enthusiasm and eager to showcase the company’s latest innovations, one after another, with brief interjections of “let me show you this — it’ll just take 30 seconds.”   At 41,

RJ Scaringe’s Rivian: Challenging Elon Musk Head-On Read More »

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Contributing: Unicorn Startup Founded by Billionaires Develops Semiconductor ‘Chiplets’ for the AI Surge

Global World Business, Global World Startups /

In the ongoing competition among tech giants to develop more potent AI systems using smaller, faster chips, a newly established unicorn startup has emerged. Co-founded by veterans of the semiconductor industry, including the billionaire couple behind Nasdaq-listed Marvell Technology, the startup aims to accelerate a potential shift toward larger yet faster chips. This innovative approach,

Contributing: Unicorn Startup Founded by Billionaires Develops Semiconductor ‘Chiplets’ for the AI Surge Read More »

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Exploring Ayesha Curry’s Culinary Realm

Global World Business /

Feb 16, 2024,06:00am EST Ayesha Curry, at 34, is deeply immersed in the culinary world, extending her influence across various endeavors in the food industry. The chef and spouse to Golden State Warriors’ Steph Curry has ventured into nearly every aspect of food-related enterprises.   In addition to authoring two bestselling cookbooks and headlining her

Exploring Ayesha Curry’s Culinary Realm Read More »

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OpenAI’s Sam Altman Seeks Approval from the US to Raise Billions for AI Chips

Global World Business /

February 16, 2024 at 1:02 PM GMT Updated on February 16, 2024 at 4:20 PM GMT Sam Altman, CEO of OpenAI, is actively pursuing US government approval for a significant venture aimed at bolstering global artificial intelligence chip manufacturing. This endeavor, however, presents potential challenges surrounding national security and antitrust issues in Washington, as indicated

OpenAI’s Sam Altman Seeks Approval from the US to Raise Billions for AI Chips Read More »

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Masayoshi Son Aims to Establish a $100 Billion AI Chip Venture

Global World Business /

February 16, 2024 at 7:27 PM GMT SoftBank Group Corp. founder Masayoshi Son is aiming to secure up to $100 billion to back a chip venture aimed at rivaling Nvidia Corp. and supplying semiconductors crucial for AI, according to individuals familiar with the matter.   Dubbed Izanagi, the initiative represents the billionaire’s next significant endeavor

Masayoshi Son Aims to Establish a $100 Billion AI Chip Venture Read More »

globalworldcitizen.com

Lyft Stock Skyrockets by 60% Following Typographical Error in Earnings Report

Global World Business /

Lyft Stock Initially Soars 66% on Earnings Typo, Corrected Increase Now at 16% Above Closing Price Lyft witnessed a significant surge in its shares, spiking up to 66% in after-hours trading on Tuesday, driven by a typo in its latest earnings report that suggested a substantial increase in one measure of the company’s profitability for

Lyft Stock Skyrockets by 60% Following Typographical Error in Earnings Report Read More »

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Disney Stock Surges 8% Following Upward Revision of Guidance and Positive Updates on Cost-Cutting Measures

Global World Business /

Disney Stock Surges 8% After Earnings Report, Raised Guidance, and Cost-Cutting Progress Disney witnessed a significant surge of up to 8% in after-hours trading on Wednesday, propelled by an upbeat earnings report that included an upward revision of guidance and promising updates on the company’s cost-cutting initiatives. Key Points: Disney’s anticipated earnings per share for

Disney Stock Surges 8% Following Upward Revision of Guidance and Positive Updates on Cost-Cutting Measures Read More »

globalworldcitizen.com

Exploring a Exclusive Jet Club Amidst Unforeseen Challenges

Global World Business /

After two decades in aviation, including service in the US Air Force flying AC-130 gunships and UH-1N Hueys, Daniel Marchick joined AeroVanti, a private jet startup in Sarasota, Florida. Transitioning from piloting to a desk job, Marchick was tasked with coordinating plane schedules—a role crucial in the intricate ballet of aviation operations. The industry demands

Exploring a Exclusive Jet Club Amidst Unforeseen Challenges Read More »

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