Bloomberg Technology
Pension Fund Sues Musk for Taking Massive Pay Package
Jun.18 — Tesla Inc. directors, including Elon Musk, awarded themselves massive compensation packages over a three-year period that improperly siphoned hundreds of millions of dollars out of the electric-car maker’s coffers, a pension fund invested in the company alleges. Dana Hull reports on “Bloomberg Technology.”
Bloomberg Technology
Oura CMO Says Wearable Health Tracking Moving Beyond Checkups
Oura’s Chief Medical Officer suggests wearable tech could give people a continuous picture of their health, rather than relying on occasional doctor visits. Dr. Ricky Bloomfield says the constant stream of health data provided to users of wearables, like Oura’s smart rings, can improve health outcomes and influence behavior. He says the long-term goal is…
Bloomberg Technology
OpenAI’s $70B Run Rate Meets AI’s Infrastructure Challenge
loomberg’s Ed Ludlow breaks down OpenAI’s latest annualized revenue, expected to reach or exceed $70 billion by the end of the year. Plus, Oracle keeps several data centers on track by relying on truck deliveries of natural gas, and a conversation with Kleiner Perkins partner Ilya Fushman on the mega AI IPO pipeline and the…
Bloomberg Technology
From Anthropic to Waymo: Kleiner Perkins Bets on AI’s Next Act
Kleiner Perkins partner Ilya Fushman says AI is still in the early stages of reshaping the economy, with opportunities extending from frontier models like Anthropic to consumer agents, autonomous vehicles and robotics. He discusses why the firm sees physical AI as a potential source of the next trillion-dollar companies, the rapid growth of leading private…
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Zoltán Kárpát
June 18, 2020 at 10:11 pm
Lawsuit is stupped. The pension fund just 4x-ed their money in the past year … WTF is their problem? ????
Voltaire
June 18, 2020 at 10:40 pm
My guess is that they are VERY long oil&gas stocks and hold Tesla as a hedge.
Trevor Ritchie
June 18, 2020 at 10:13 pm
Boring
Cautious X0
June 18, 2020 at 10:15 pm
Lmao. What a useless lawsuit
I_M_T_I_A_Z_ S_Y_E_D
June 18, 2020 at 10:15 pm
defund the pensions
zbLoodlust087
June 18, 2020 at 10:22 pm
No there’s always drama with pension funds that are unsustainable as the average lifespan of human beings increase and they get put under pressure.
Liberal Christo
June 18, 2020 at 10:31 pm
He didn’t inherit his money
CaliforniaMISC
June 18, 2020 at 10:33 pm
wtf
timkiwi
June 18, 2020 at 11:02 pm
it just shows how the financial sector hinders man kind. lets ask how much money these pension funds have invested in the ” Industrial Military Complex” and companies that pollute the environment.
Hayden Macfarlane
June 18, 2020 at 11:20 pm
Lol this is hilarious. If Elon can create this much value for shareholders, he deserves it
To Pi
June 18, 2020 at 11:21 pm
LOL…. Elon Musk who didn’t take a salary and tied his compensation to the success of the company….wrong company to even attempt this… try Boeing or Bank
Chuck Silva
June 19, 2020 at 12:18 am
Tesla? Is the definition of fake?