With Tesla shareholders set to vote on a proposed 10-year, $1 trillion compensation package for CEO Elon Musk in November, board chair Robyn Denholm spoke to The New York Times to defend what would be the largest pay package in corporate history. Denholm, who was also on the special committee that put the compensation proposal…
California’s state senate gave final approval early on Saturday morning to a major AI safety bill setting new transparency requirements on large companies. As described by its author, state senator Scott Wiener, SB 53 “requires large AI labs to be transparent about their safety protocols, creates whistleblower protections for [employees] at AI labs & creates…
Rainmaker Technology’s bid to deploy cloud-seeding flares on small drones is being met by resistance from the airline pilots union, which has urged the Federal Aviation Administration to consider denying the startup’s request unless it meets stricter safety guidelines. The FAA’s decision will signal how the regulator views weather modification by unmanned aerial systems going…
Elon Musk’s AI startup xAI laid off 500 team members on Friday night, according to internal messages viewed by Business Insider. These emails reportedly announce an immediate “strategic pivot,” with the company deciding to “accelerate the expansion and prioritization of our specialist AI tutors, while scaling back our focus on general AI tutor roles.” “As…
President Donald Trump made countering immigration one of his flagship issues during last year’s presidential campaign, promising an unprecedented number of deportations. In his first eight months in office, that promise turned into around 350,000 deportations, a figure that includes deportations by Immigration and Customs Enforcement (around 200,000), Customs and Border Protection (more than 132,000),…
Hike, once one of India’s most valuable startups with unicorn status, has become the latest casualty of New Delhi’s recent real-money gaming ban, with the company — led by Kavin Bharti Mittal, son of Airtel founder Sunil Bharti Mittal — now shutting down. On Saturday, Hike founder Mittal (pictured above) said that the startup’s U.S….
When Seth Winterroth left his job at GE Ventures to help launch Eclipse in 2015, robotics was on his mind. Or more specifically, the number of early-stage robotics startups that were struggling to launch due to lack of interest. “These are teams that had just finished their postdocs at Waterloo, or CMU, or MIT and…
Thanks to a pledge to unbundle its corporate messaging app Teams from its productivity suites, Microsoft has managed to slip unscathed through a major antitrust investigation by the European Commission that could have resulted in massive fines for the tech giant. The Commission on Friday okayed Microsoft’s concessions to address the EU’s competition concerns over…
Software might be eating the world, but it’s taking some industries longer than others to realize its full potential. From iPhones to Teslas, people have grown accustomed to software updates improving the stuff they already own. But outside consumer electronics and automobiles, over-the-air updates aren’t commonplace yet. Yet that’s beginning to change, starting with an…
TechCrunch Disrupt 2025 hits Moscone West in San Francisco on October 27–29, and if you’re aiming for big funding goals, then leaning in on this session on October 29 at the Builders Stage is essential. Three powerhouse voices in venture and AI-driven innovation will share what it really takes to close major rounds — long…
