A Delaware judge has upheld a decision to deny Tesla CEO Elon Musk a multibillion-dollar pay package, rejecting the company’s argument to reverse the previous ruling. The judge found that Tesla’s board was too close to Musk and had not sufficiently protected shareholders’ interests. The decision comes after Tesla shareholders voted to reinstate the compensation…
Astronomers have made a groundbreaking discovery by detecting an astrosphere around a star similar to the sun. The astrosphere is a bubble of hot gas blown by a star’s stellar wind, which marks the edge of the solar system and protects planets from high-energy cosmic rays. This finding is significant as it provides insight into…
Walmart has completed its acquisition of Vizio, a popular television maker, in a move to boost its advertising business. The $2.3 billion all-cash deal positions Walmart to become a leader in connected TV advertising, allowing the retail giant to combine its retail operations with TV hardware and gather customer data on viewing habits and shopping…
Physicists at the Niels Bohr Institute and Peking University have made a groundbreaking discovery in particle physics, revealing that xenon nuclei change shape as they collide. Using simulations of experiments at CERN’s Large Hadron Collider, the researchers found that the nuclei transform from soft, oval-shaped particles to rigid, spherical ones. This finding could lead to…
Researchers are flocking to the social-media platform Bluesky, hoping to recreate the good old days of Twitter. The platform has grown from close to 14 million users to nearly 21 million in just two weeks since the US presidential election. Bluesky offers users control over the content they see and the people they engage with,…
Ripple’s XRP price has been on a strong rally, reaching a five-year high and sparking predictions that it may hit double figures before the current bull cycle ends. The project’s expanding market share and solid technical indicators suggest price appreciation. Meanwhile, Rexas Finance is another excellent investment opportunity for its unique real-world asset management approach….
Intel’s CEO Pat Gelsinger has been forced out, marking a significant shift in the company’s leadership. Gelsinger’s departure comes as Intel struggles to regain its footing in the chipmaking industry, with a market value more than 30 times smaller than rival Nvidia. The company’s financial woes have been piling up, with a $16.6 billion loss…
A pair of European Space Agency spacecraft, Proba-3, has been launched to create hundreds of artificial solar eclipses in orbit. This mission will allow scientists to study the elusive middle part of the sun’s atmosphere, which holds many of the sun’s most enduring mysteries. The satellites will fly together in lockstep, blocking the sun from…
The tech industry has been hit with a wave of layoffs in 2024, with over 130,000 job cuts across 457 companies. Major players like Tesla, Amazon, Google, and Microsoft have all conducted significant layoffs, while smaller startups have also been impacted. The layoffs are a result of a combination of factors, including economic uncertainty, increased…
Physicists at MIT, Johns Hopkins University, and Harvard University/University of California, Berkeley have made a groundbreaking discovery in the field of graphene research. They have found an explanation for why electrons in pentalayer moiré graphene carry fractional charges even in the absence of a magnetic field. This phenomenon, known as the fractional quantum anomalous Hall…
