Tesla‘s board has awarded CEO Elon Musk an interim pay package of 96 million shares, according to a filing out Monday, which would be worth about $29 billion. The company said in the filing that Musk’s new package will include shares that vest in two years as long as he continues as CEO or in…
The Hers app arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images Shares of Hims & Hers Health fell 9% in extended trading on Monday after the telehealth company reported second-quarter results that missed Wall Street’s expectations for revenue. Here’s how the company did…
Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Palantir topped Wall Street’s estimates Monday, surpassing $1 billion in quarterly revenue for the first…
Dylan Field, co-founder and CEO of Figma, appears on the floor of the New York Stock Exchange on July 31, 2025. Michael Nagle | Bloomberg | Getty Images Figma shares dropped 23% on Monday, cutting into the gains the design software company posted after hitting the market last week. The stock dropped $27.50 to $94.50…
The logo for Wondery is displayed on a smartphone in an arranged photograph taken in the Brooklyn borough of New York, U.S., on Tuesday, Sept. 29, 2020. Gabby Jones | Bloomberg | Getty Images Amazon is terminating some positions in its Wondery podcast division and the head of the group is leaving as part of…
Photo Illustrating Coinbase in Suqian, Jiangsu Province, China on June 6, 2023 (Photo Illustration by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Coinbase set the business community alight after the American crypto firm dropped a musical advert which lambasted the U.K. as besieged by economic problems and an ongoing cost-of-living crisis. Online…
Photo illustration of Nvidia’s H20 chip. Vcg | Visual China Group | Getty Images Nvidia‘s H20 chips are likely to return to China, but tech experts don’t expect them to be met with the same fanfare in the market in light of new competition and regulatory scrutiny. The Trump administration last month gave Nvidia assurances…
Artificial intelligence can lead to surprises in all sorts of places where a bill once would have been considered settled. The use of AI by Hertz (and European car rental company Sixt) to scan for damage on cars, which is then charged to the customer, is a new application of the technology that is creeping…
Dylan Field, co-founder and CEO of Figma, signs the guestbook on the floor of the New York Stock Exchange in New York on July 31, 2025. Michael Nagle | Bloomberg | Getty Images Mark Zuckerberg may be the most famous college-dropout-turned-tech-billionaire. Dylan Field is the latest, after his design startup Figma soared in its stock…
Nikolai Daskalov lives alone in a small house in rural Virginia. His preferred spot is a brown suede recliner in the middle of his living room facing a vintage wooden armoire and a TV that’s rarely turned on. The front of the white home is covered in shrubs, and inside there are trinkets, stacks of…
