Shareholders of US carmaker Tesla on Thursday approved a record $44.9 billion (about one trillion kronor) pay package for CEO Elon Musk, the AP reported. The decision came after a deal struck in 2018 was overturned by a Delaware court earlier this year. The exact number of votes was not immediately announced. According to the AP, approval of ...
In the US, new legal action has recently emerged regarding the TikTok app, which has generated considerable attention and uncertainty about the future of the platform. The Chinese company behind TikTok, ByteDance, filed a lawsuit against the US government after a new law was passed that would essentially ban the use of TikTok in the United State...
The administrator of the fallen crypto exchange has decided to sell two-thirds of its stake in the promising startup Anthropic for $884 million, allowing it to pay off former clients. The story of the bankrupt FTX exchange, which began in October 2019, will come to a head with a captivating ending. The villain, founder Sam Bankman-Fried, is behi...
Recently, a legal dispute between tech giant Apple and the US Department of Justice, along with fifteen states, has become intense. This conflict revolves around allegations that Apple is abusing its dominance of the smartphone market through its App Store platform. According to the authorities, Apple's practices severely restrict competition...
OpenAI, the maker of the ChatGPT chat system, has opposed a lawsuit by Elon Musk, who claims the company has abandoned its original purpose. According to the company's co-founders, including CEO Sam Altman, Musk sought to take control of OpenAI and sought a directorship. They also claim that Musk initiated a campaign to merge OpenAI with Tesla i...
Lawyers who defended the interests of Tesla shareholders and pushed for Tesla boss Elon Musk not to receive a huge agreed fee of nearly $56 billion are now demanding a record fee for their legal services. That fee would amount to nearly six billion dollars and would be paid in Tesla stock. The three law firms involved in the litigation said thei...
Wesley Snipes has enjoyed a remarkable career in the film industry, showcasing his talent across various genres. Rising to fame in the 80s, he delivered notable performances in films such as King of New York, New Jack City, and Demolition Man. However, his standout role came in the Marvel Cinematic Universe (MCU) as Blade, a character that prope...
Tech giant Google has recently been in the crosshairs of legal action over allegations of privacy breaches. The company has agreed to settle a class action lawsuit filed against it in the United States worth five billion dollars. The whole affair revolved around the tracking of Chrome users who searched in so-called anonymous mode. The lawsui...
Audit firm EY is facing another lawsuit in connection with the collapse of German financial firm Wirecard. Wirecard's insolvency administrator, Michael Jaffe, has filed a claim for damages of €1.5 billion (approximately CZK 37 billion) against EY. This information was published by Reuters on Friday. EY acted as Wirecard's auditor for several yea...
