Musk

February 19, 2025 9:29 AM

Trump, Musk target tax enforcers, rocket scientists, bank regulators for job cuts

President Donald Trump's administration targeted on Tuesday bank regulators, rocket scientists and tax enforcers for dismissal, as a federal judge gave the green light for its unprecedented remaking of the U.S. civil service, at least for now. With Trump's blessing and praise, tech billionaire Elon Musk's Department of Government Efficiency, or DOGE, has swept through federal agencies slashing thousands of jobs since Trump became president last month and put Musk, his biggest campaign donor...

February 15, 2025 11:11 AM

OpenAI rejects Elon Musk’s $97.4 billion offer

OpenAI, led by Sam Altman, has rejected billionaire Elon Musk’s $97.4 billion offer to acquire the nonprofit company. In a statement on the social media platform X, OpenAI Board Chair Bret Taylor described Musk’s bid as “an attempt to disrupt his competition.” “OpenAI is not for sale, and the board has unanimously rejected Mr. Musk’s latest attempt to disrupt his competition,” Taylor posted. He further stated that any potential reorganization of OpenAI would only str...

January 3, 2025 6:17 PM

India says US H1B visas benefit both countries after Trump, Musk backing

The movement of skilled professionals is an important part of India-U.S. ties and benefits both countries, New Delhi said on Friday amid a debate over H-1B visas on which President-elect Donald Trump and his backer Elon Musk commented recently. India, known for its massive pool of IT professionals, many of whom work across the world, accounts for the bulk of such visas issued by the United States. Late last month, Trump said he fully backed the H1B programme for foreign workers opposed by some...

September 3, 2024 12:42 PM

Starlink emerges as fresh battleground between Musk, Brazil

Tensions between Brazil and Elon Musk's business empire ratcheted up further as the country's telecoms regulator threatened to sanction his satellite broadband company Starlink hours after its top court stood behind a controversial decision to ban social network X from the country. Brazil's President Luiz Inacio Lula da Silva also backed the top court's Judge Alexandre de Moraes' decision to suspend X. The judge found that X allowed postings of hate messages and falsehoods about the country's e...

August 23, 2024 4:20 PM

Musk’s SpaceX testing breakthrough tech in risky spacewalk

SpaceX's attempt at the first ever private spacewalk next week will be a test of trailblazing equipment, including slim spacesuits and a cabin with no airlock, in one of the riskiest missions yet for Elon Musk's space company. A billionaire entrepreneur, a retired military fighter pilot and two SpaceX employees are poised to launch on Tuesday aboard a modified Crew Dragon craft, before embarking on a 20-minute spacewalk 434 miles (700 km) into space two days later. Until now, walking into the ...