Rivian gives CEO RJ Scaringe a Musk-like pay package worth up to $4.6B

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EV maker Rivian on Friday said it was giving its CEO a pay plan worth as much as $4.6 billion over the next decade, a deal similar to Tesla’s record package for CEO Elon Musk, and linked to new profit targets and reduced share price milestones. The move by the Rivian board shows that the Tesla plan for Musk could […]


Here’s what Jensen Huang is worth

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Nvidia made history on Wednesday as the first company to reach $5 trillion in market value, powered by a stunning rally that has cemented its place at the center of the global artificial intelligence boom. The milestone underscores the company’s swift transformation from a niche graphics-chip designer into the backbone of the global AI industry, turning […]


Who is Ossi Ketola and what is his net worth? Duel Casino owner claims X accounts banned

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Duel Casino owner and infamous online personality Ossi Ketola, has caused another round of online drama after being banned on X, formerly Twitter. The Elon Musk-owned platform didn’t provide a reason for the ban, but the platform also took down the @duel account, Ketola’s business handle. In an announcement made on popular gaming chat app […]


Elon Musk becomes first person worth $500 billion: Forbes

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Elon Musk’s net worth rocketed to the $500-billion mark on Wednesday, according to Forbes. The tech titan reached the milestone as Tesla stocks have been climbing in recent months, the financial publication noted. Musk’s fortune went up about $10 billion from Tuesday, Forbes found — the latest step on his march to becoming potentially the […]


Pokemon bandit swipes $100K worth of rare cards in break-in

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More than $100,000 worth of rare Pokémon trading cards were swiped by a seemingly savvy collector from a small shop in Massachusetts, according to reports. The brazen bandit used a hammer to smash open the door of 1st Edition Collectibles in New Bedford, Mass., around 2:30 a.m. last Tuesday, according to the New York Times. […]


DOJ charges Armenian crime ring in Amazon theft worth over $83 million

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The Amazon Prime logo is displayed on Amazon delivery trucks in Richmond, California, June 21, 2023. Justin Sullivan | Getty Images Department of Justice officials on Tuesday charged members or associates of an Armenian organized crime ring with stealing more than $83 million worth of cargo from Amazon by posing as legitimate truck drivers and […]


Saying ‘Thank You’ to ChatGPT Is Costly. But Maybe It’s Worth the Price.

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The question of whether to be polite to artificial intelligence may seem a moot point — it is artificial, after all. But Sam Altman, the chief executive of the artificial intelligence company OpenAI, recently shed light on the cost of adding an extra “Please!” or “Thank you!” to chatbot prompts. Someone posted on X last […]


TikTok’s U.S. unit could be worth as much as $50 billion in a sale

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Jakub Porzycki | Nurphoto | Getty Images Business moguls such as Elon Musk should be prepared to spend tens of billions of dollars for TikTok’s U.S. operations should parent company ByteDance decide to sell.  TikTok is staring at a potential ban in the U.S. if the Supreme Court decides to uphold a national security law […]


Former NFL great Tom Brady sells $9 million worth of watches, football items at auction dubbed ‘The GOAT Collection’

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Tom Brady sold a slew of watches and pieces from his legendary football career at auction – and the items fetched $9 million all together, according to Sotheby’s.  Dozens of items owned by the retired NFL quarterback went under the hammer at Sotheby’s on Tuesday evening, ranging from luxury designer watches and Super Bowl cufflinks […]