Washington: US President Donald Trump’s billionaire ally Elon Musk has signalled that he is planning to step down from his cost-cutting role at the Department of Government Efficiency (DOGE) by the end of May after reducing the US deficit by $1 trillion, slimming current total federal spending levels down to about $6 trillion. Fifty-three-year-old Tesla … Read more
New Delhi: Elon Musk has announced that his artificial intelligence startup, xAI, has acquired social media platform X (formerly Twitter) in a deal worth $45 billion. This acquisition, which includes $ 12 billion in debt, slightly surpasses the $44 billion Musk paid for Twitter in 2022 before rebranding it as X. The Tesla and SpaceX … Read more
Washington: Billionaire and Trump ally Elon Musk promised Friday to give $1 million to two voters in Wisconsin’s Supreme Court race, his latest foray into using his vast fortune to sway the results of crucial US votes. Musk, the world’s richest person and one of President Donald Trump’s top advisors, has already spent millions trying … Read more
Washington: It has worked in the shadows for months, but Elon Musk’s Department of Government Efficiency (DOGE) has now offered the first peek behind the curtain of the government cost-cutting drive it launched on behalf of US President Donald Trump. Musk, the Space X and Tesla tycoon, was accompanied by seven top aides in a … Read more
New York: A U.S. judge on Friday rejected billionaire Elon Musk’s bid to dismiss a lawsuit claiming he had defrauded former Twitter shareholders by waiting too long to disclose his initial investment in the social media company, now known as X. Without ruling on the case’s merits, U.S. District Judge Andrew Carter in Manhattan said … Read more
San Francisco: Elon Musk on Friday said his artificial intelligence startup xAI is buying his social networking platform X in a deal valuing the company once known as Twitter at $33 billion. “This combination will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach,” Musk said in a post … Read more
Elon Musk’s X was down for tens of thousands of users in the U.S. on Friday. San Francisco: Elon Musk’s X was down for tens of thousands of users in the U.S. on Friday, according to outage tracking website Downdetector.com. There were more than 53,000 incidents of people reporting issues with the social media platform … Read more
New Delhi: The world now has a record 3,442 billionaires, an increase of 163 from the previous year, according to the Hurun Global Rich List 2025. The US has overtaken China in the number of billionaires for the first time in a decade. Mumbai remains India’s billionaire capital, home to 90 of the country’s wealthiest … Read more
New Delhi: Meta CEO Mark Zuckerberg secured a spot among the world’s top three billionaires for the first time with a net worth of $242 billion. According to Hurun Global Rich List 2025, the 40-year-old’s fortune rose 53%, or $84 billion, largely driven by Meta’s investments in artificial intelligence (AI) and technological advancements. His wealth … Read more
New Delhi: Donald Trump is the richest US President in history. The 78-year-old made his debut in the Top 500 of the Hurun Global Rich List 2025, with his 53 per cent stake in Truth Social helping him treble his fortune to $7.2 billion. Trump’s wealth has nearly tripled due to his fan base and … Read more
Los Angeles: A man who allegedly set fire to five Teslas and sprayed them with bullets from a semi-automatic rifle appeared in a US court Thursday to face federal arson charges, the Department of Justice said. Paul Hyon Kim, 36, is suspected of being behind the assault on a Tesla business in Las Vegas, among … Read more
Assassin’s Creed, a video game published by France-based Ubisoft, has mocked Elon Musk after the billionaire dissed a recent addition to the gaming franchise. The official account of Assassin’s Creed on X (formerly Twitter). took a jibe at Mr Musk’s alleged habit of cheating at online games which led to a flurry of responses from … Read more