Thursday, April 3

Tag: elon musk

8Mar By AdminsNo Comments

Judge orders Trump administration to speed up payment of USAID and State Department debts

A federal judge on Thursday ordered the Trump administration to speed up its payment on some of nearly $US2 billion in debts to partners of the US Agency for International Development and the State Department, giving it a Monday deadline to repay the nonprofit groups and businesses in a lawsuit over the administration's abrupt shutdown of foreign assistance funding. US District Judge Amir Ali described the partial payment as a "concrete" first step he wanted to see from the administration, which is fighting multiple lawsuits seeking to roll back the administration's dismantling of USAID and a six-week freeze on USAID funding, which has forced US-funded organisations to halt aid and development work around the world and lay off workers. Ali's line of questioning in a four-hour h...
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21Feb By AdminsNo Comments

Elon Musk is checking on US gold supply at Fort Knox. Here’s what we know about one of the world’s most secure buildings

US President Donald Trump says Elon Musk will be looking at Fort Knox, the legendary depository in Kentucky for American gold reserves, to make sure the gold is still there. Treasury Secretary Scott Bessent says there is an audit every year and that "all the gold is present and accounted for". The United States Bullion Depository at Fort Knox has stored precious metal bullion reserves for the United States since 1937 and has become synonymous for secure and well protected. The United States Depository for gold reserves stands in Fort Knox, Kentucky, in 1974. (AP) Along with protecting gold reserves, Fort Knox is currently also used as the US Army's human resources command centre, and it hosts the Army's largest annual training event each summer. Fort Knox his...
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9Feb By AdminsNo Comments

Federal judge blocks Elon Musk’s DOGE access to critical Treasury payment system

A federal judge, citing a risk of "irreparable harm", has temporarily restricted Elon Musk's government efficiency team from accessing a critical Treasury Department payment system. The judge's order, issued early on Saturday, temporarily halts access to a sensitive payment system that distributes Americans' tax returns, Social Security benefits, disability payments and federal employees' salaries. US District Judge Paul Engelmayer ordered the destruction of any downloaded information from the payment system by anyone given access to it since January 20, citing "the risk that the new policy presents of the disclosure of sensitive and confidential information and the heightened risk that the systems in question will be more vulnerable than before to hacking". The judge'...
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17Jan By AdminsNo Comments

Elon Musk lashes out after top gaming commentator accuses him of cheating

Elon Musk has lashed out at a prominent YouTuber and gaming commentator after he accused the billionaire of cheating at video games. Earlier this week, content creator Zack Hoyt, better known as Asmongold, accused Musk of having other people play games under his name to boost his public rankings. Hoyt, among other gamers, thought it would be impossible for Musk to reach level 97 on Path of Exile 2 while running several companies. Elon Musk posted screenshots of DMs sent between himself and Asmongold. (AP) In the videos Musk has streamed of himself playing Path of Exile 2, gamers have noted he didn't seem anywhere near good enough at the game to reach that high ranking. "I'm completely convinced he didn't play the character," Asmongold said in his YouTube channe...
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3Dec By AdminsNo Comments

Elon Musk dealt $155 billion blow by judge over Tesla pay package

Elon Musk's record-breaking pay package for serving as Tesla's CEO was rejected by a Delaware court, despite being approved by Tesla shareholders at a June meeting. The pay package, now worth around $101 billion (approx $AUD155 billion) based on Tesla's closing share price Monday, is made up of 303 million Tesla stock options. It had been previously thrown out in January by the same judge, Delaware Chancery Court Chancellor Kathaleen McCormick. Elon Musk's $155 billion-dollar pay packet has been blocked by a judge. (CNN) The package was worth around $56 billion ($A85 billion) at the time the judge threw out the package. At the time, McCormick ruled in favour of the main shareholder in the suit who challenged the package, arguing that Musk and the Tesla bo...
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28Nov By AdminsNo Comments

Elon Musk publicised the names of government employees he wants to cut. It’s terrifying federal workers

When President-elect Donald Trump said Elon Musk and Vivek Ramaswamy would recommend major cuts to the federal government in his administration, many public employees knew that their jobs could be on the line. Now they have a new fear: becoming the personal targets of the world's richest man – and his legions of followers. Last week, in the midst of the flurry of his daily missives, Musk reposted two X posts that revealed the names and titles of people holding four relatively obscure climate-related government positions. Elon Musk, here on October 17, publicised the names of government employees he wants to cut. (Rachel Wisniewski/Reuters via CNN Newsource) Each post has been viewed tens of millions of times, and the individuals named have been subjected to a barrag...
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