Elon Musk's $1 Trillion Pay Package: What You Need to Know

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Introduction to Elon Musk's Pay Package

Elon Musk's new pay package could be worth up to $1 trillion.

Key Points

The package is broken into 12 tranches, each with specific goals for Tesla's market capitalization, profits, and product development
Musk will need to guide Tesla to $8.5 trillion in market capitalization and deploy millions of autonomous vehicles and humanoid robots
He will also need to develop a long-term succession plan for the company

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Microsoft Outage: What's Happening?

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Microsoft Outage: What's Happening?

The Issue

A global outage is affecting various Microsoft services, including:
Microsoft 365
Xbox
Minecraft
Azure cloud computing platform

The Impact

Websites like Heathrow, NatWest, and Starbucks are down, and some businesses are experiencing technical issues.

The Cause

DNS issues** are suspected to be the cause of the outage, similar to the recent Amazon AWS outage.

Amazon's Big Job Cut: What You Need to Know

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Amazon's Job Cut: The Basics

Amazon is cutting around 14,000 corporate jobs to reduce bureaucracy and invest in AI.
The company has nearly 1.2 million employees, with over 360,000 in corporate roles.
The job cuts will affect various sectors, including human resources and operations.

What's Next?

Amazon will offer affected employees 90 days to find a new role internally and provide severance pay and other benefits to those who can't.

Australia's Wild Week: Tech, Storms, and Wildlife Attacks

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What's Happening in Australia?

You might be wondering what's going on in Australia lately. From tech giant controversies to severe weather conditions and wildlife attacks, the country has been experiencing a wild week.

Key Events:

Microsoft faces a lawsuit for allegedly misleading customers about price hikes and AI add-ons.
A 14-year-old boy is hospitalized after a crocodile attack in far north Queensland.
Severe thunderstorms cause power outages and damage in south-east Queensland and Victoria.

Stay Informed:

As the situation unfolds, stay tuned for updates on these developing stories.

Revolutionizing Web Browsing: ChatGPT Atlas Launches

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What's New in Web Browsing?

OpenAI has launched ChatGPT Atlas, a web browser that uses AI to enhance your browsing experience.

Key Features:

AI-powered browser with ChatGPT integration
Personalized web experience
ChatGPT sidebar for questions and engagement
Virtual assistant Agent Mode for task completion

What Does This Mean for You?

You'll have more control over your privacy settings and browsing data.

The Future of Web Browsing:

Will traditional browsers become a thing of the past?

Last Chance: TechCrunch Disrupt 2025 Flash Sale!

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What's Happening?

You've got just a few days left to save up to $624 on TechCrunch Disrupt 2025 passes!

Why Attend?

Hear from 250+ industry leaders across 200+ sessions
Explore startup breakthroughs from 300+ showcasing startups
Experience the intensity of Startup Battlefield 200

Don't Miss Out!

Secure your pass before October 17 at 11:59pm PT and join the leaders shaping what’s next in tech.

Get Ready for TechCrunch Disrupt 2025!

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What's Happening?

TechCrunch Disrupt 2025 is coming! This huge event is where the global startup ecosystem meets to shape what’s next.

Who's Invited?

Founders
Investors
Operators
You'll get to connect with 10,000+ like-minded people, and learn from 250+ tech leaders.

What to Expect?

  • 200+ sessions* on AI, biotech, climate tech, and more
  • Startup Battlefield 200* with $100,000 in equity-free funding
    Unparalleled networking opportunities

Don't Miss Out!

Secure your spot now and save up to $624! Prices jump on October 17.

Google's Massive $15 Billion AI Investment in India: What You Need to Know

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Introduction to Google's AI Hub

Google is investing $15 billion in a new AI hub in India.
This hub will be the largest AI hub outside of the US.

Key Features of the AI Hub

A 1-gigawatt data center in the port city of Visakhapatnam
A global connectivity hub with subsea cable infrastructure
Access to Google's AI models and platform for building agents and applications

What Does This Mean for You?

This investment will bring industry-leading technology to India, accelerating AI innovation and driving growth across the country.

Rishi Sunak's New Roles: What You Need to Know

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Introduction

Rishi Sunak, the former UK Prime Minister, has taken on new roles at Microsoft and Anthropic.

Key Points

Sunak will be a senior adviser to both companies, providing strategic perspectives on macro-economic and geopolitical trends.
He will donate his salary to his numeracy skills charity, The Richmond Project.
Sunak's role at Microsoft is expected to focus on digital transformation, adoption of AI, and cloud services.

Elon Musk's Surprise Appearance at German Far-Right Rally Raises Election Meddling Concerns

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Elon Musk made a video appearance at a German far-right rally, sparking concerns of election meddling.**"It's good to be proud of German culture, German values, and not to lose that in some sort of multiculturalism that dilutes everything." he said."

Australian Deputy Opposition Leader Draws Parallels Between First Fleet and Elon Musk's SpaceX

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Deputy opposition leader Sussan Ley compared the arrival of the First Fleet to Elon Musk's SpaceX seeking to reach Mars. Ley's comments come a day after opposition leader Peter Dutton announced a newly created role of shadow minister for government efficiency, inspired by Musk's Department of Government Efficiency. Ley, the Member for Farrer, gave a speech to a church service in her town of Albury on Sunday, defending Australia Day and criticizing activists. The late Yolŋu Indigenous rights activist Dr Galarrwuy Yunupingu has posthumously been appointed a companion of the Order of Australia in this year’s Australia Day honours list.

Musk and Altman Clash Over $500 Billion Stargate AI Infrastructure Project

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Elon Musk and OpenAI CEO Sam Altman are at odds over the Stargate project, a massive infrastructure initiative to construct data centers for OpenAI across the U.S. Musk claims Stargate lacks the necessary funds, while Altman insists it's well-capitalized. This joint venture, backed by SoftBank and Oracle, promises to create hundreds of thousands of jobs and secure American leadership in AI.

Elon Musk's DOGE Targets Federal Spending: US Penny in the Crosshairs

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What's the deal with Elon Musk's DOGE and the US penny? The Department of Government Efficiency, led by Musk, wants to cut wasteful expenditures and has set its sights on the penny, which now costs over 3 cents to make. But will ditching the penny really save money? Here's what you need to know.

Elon Musk Accused of Making 'Fascist Salute' at Trump Inauguration

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Elon Musk has found himself at the center of controversy after being accused of making a 'fascist salute' at President Trump's inauguration rally. While Musk claimed he was simply expressing gratitude to the crowd, some media outlets and politicians have interpreted the gesture as a Nazi salute. However, the Anti-Defamation League (ADL) has come to Musk's defense, stating that the gesture was an awkward moment, not a Nazi salute. The incident has sparked a heated debate online, with some condemning Musk and others defending him.

Elon Musk's Inauguration Gesture Sparks Controversy and Confusion

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What did Elon Musk mean by his controversial gesture at Donald Trump's inauguration? The Tesla CEO's 'Heil Hitler' salute has sparked outrage and debate, with many questioning his intentions. While the Anti-Defamation League defended Musk, some critics expressed serious concern about the potential normalisation of fascist symbolism in public discourse. Meanwhile, far-right extremist groups praised the gestures, seeing them as intentional and in line with their ideologies. Musk, however, has remained silent on the matter, leaving many with unanswered questions.

Elon Musk's Nazi Salute at Trump Rally: Controversy Erupts

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What's the deal with Elon Musk's Nazi salute at Trump's rally? The internet can't seem to agree. Some call it a 'sieg heil' or 'fascist' gesture, while others brush it off as a misunderstood wave. The tech mogul even tweeted that his opponents need 'better dirty tricks.' But what's the truth? And why are some historians and Democratic members up in arms? Let's dive into the controversy and find out.

Elon Musk's Nazi Salute Controversy: A Deep Dive

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California Wildfires, Trump Returns to Power, and More!

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Elon Musk Sued by SEC for Failing to Disclose Twitter Stock Purchase

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Elon Musk** is in hot water with the SEC for not revealing his Twitter stock acquisition on time. Musk, who later bought Twitter for $44 billion and renamed it X, is accused of purchasing shares at 'artificially low prices' by delaying the disclosure. The SEC filed a lawsuit, seeking Musk to pay a civil fine and give up profits he wasn't entitled to. Musk, however, calls the SEC a 'broken organization' and denies any wrongdoing._POLL: What do you think of Elon Musk's latest controversy?*",

Tragic Tesla Explosion Outside Trump Hotel: A Soldier's Desperate Cry for Help

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A soldier's desperate plea for help turned tragic on New Year's Day when he blew up a rented Tesla Cybertruck outside the Trump International Hotel in Las Vegas.** Matthew Livelsberger, 37, a decorated Army veteran suffering from PTSD, left notes explaining his actions were a 'wake-up call' for the country's ills. In letters, he expressed political grievances, societal problems, and international issues, including the war in Ukraine. Livelsberger died from a self-inflicted gunshot wound prior to the blast, which injured seven bystanders. Authorities believe he acted alone, and it appears to be a tragic case of suicide.

Musk's Support for Far-Right AfD Party Sparks Outrage in Germany

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Tech entrepreneur Elon Musk has caused controversy in Germany by endorsing the far-right Alternative for Germany (AfD) party in a newspaper article. Musk's support for the AfD, which is polling strongly but faces opposition from other parties, has led to a debate over free speech and the role of social media. The German government has criticized Musk's interference in the country's elections, and his comments have been rejected by major parties.