Tuesday, April 29

Tag: USA

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...

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...

Donald Trump’s presidential Cabinet picks targeted in bomb threats

Several of US President-elect Donald Trump's Cabinet picks and appointees have been targeted by bomb threats and "swatting attacks," Trump's transition team said this morning. "Last night and this morning, several of President Trump's Cabinet nominees and Administration appointees were targeted in violent, unAmerican threats to their lives and those who live with them," Trump transition spokesperson Karoline Leavitt said in a statement. She said the attacks "ranged from bomb threats to 'swatting.' In response, law enforcement and other authorities acted quickly to ensure the safety of those who were targeted. President Trump and the entire Transition team are grateful for their swift action." Several of President-elect Donald Trump's Cabinet picks have been targeted by...

Trump watches on as SpaceX calls off catch attempt as booster splashes down to Earth

Just weeks after SpaceX stunned audiences with a precision landing of a giant rocket booster, the company has kicked off another test flight of the most powerful launch vehicle ever built. SpaceX again planned an attempt to steer the booster back into the mechanical arms — or "chopsticks"— of a launch tower, but did not meet the required criteria and has abandoned today's attempt of the booster catch. The nearly 121-metre Starship system took flight on November 19 from the company's Starbase facility near Brownsville, Texas. President-elect Donald Trump listens to Elon Musk at the launch of the sixth test flight of the SpaceX Starship rocket in Boca Chica, Texas. (AP) The two-stage megarocket — which features the Starship spacecraft stacked atop the Super Heav...

Italian village offers $1.50 homes to Americans upset by the US election result

While many communities around the world have been wondering what to make of Donald Trump's presidential re-election, a village on the Italian island of Sardinia has sniffed a potential opportunity. Like many other places in rural Italy, Ollolai has long been trying to persuade outsiders to move in to revive its fortunes after decades of depopulation. It's been selling dilapidated houses for as little as one euro — just over a US dollar or $AU1.60 — to sweeten the deal. Properties on offer include dilapidated homes at giveaway prices to ready-to-occupy buildings for up to $105,000.Mandatory Credit: Roberto Tangianu/Sardegna Live via CNN Newsource (CNN) Now, following the November 5 vote outcome, it's launched a website aimed at would-be American expats, offering up more ...

Ukraine fires UK-made Storm Shadow missiles into Russia for first time, reports say

Ukraine launched the British-French-made Storm Shadow missiles at targets inside Russia for the first time today, according to a Russian military blog and Reuters, a day after Ukraine fired US-made ATACMS missiles into Russia. Ukraine's use of the UK-supplied missiles to hit Russian territory was confirmed to Reuters by an official on condition of anonymity. British media also reported the use of the cruise missile yesterday, citing sources. A Storm Shadow cruise missile is seen on display at the company's booth at the International Paris Air Show 2023 at the Le Bourget Airport. (Nicolas Economou) Ukraine's Defence Minister Rustem Umerov refused to confirm or deny the use of the UK-made missiles during a news conference yesterday. Nor did a spokesperson for the...
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