Author: akshay rahalkar

In a significant ruling, Delaware Chancery Court Judge Kathaleen McCormick has reaffirmed her decision to strike down Tesla CEO Elon Musk’s $56 billion pay package, despite a vote by Tesla shareholders to re-ratify the deal. Tesla had appealed McCormick’s earlier decision, arguing that the shareholders’ vote should override her judgment, but McCormick found multiple flaws in Tesla’s legal arguments, ultimately rejecting the request to alter her original ruling. Details of the Ruling In her 103-page opinion, published on December 2, 2024, McCormick explained that Tesla’s defense had presented several “unprecedented” theories, none of which stood up to legal scrutiny. Tesla’s…

General Motors (GM) has announced that it will sell its stake in a nearly completed electric vehicle (EV) battery plant in Lansing, Michigan, to its partner LG Energy Solutions. The move marks a significant shift in their joint venture, Ultium Cells LLC, which was originally formed to develop the facility. Following the deal, LG Energy Solutions will take full ownership of the plant, finalize its construction, and begin producing batteries for EVs. Notably, the factory will not just supply GM but will also sell batteries to other customers, expanding LG’s reach in the EV battery market. A $1 Billion Return…

Lenovo’s Legion Go handheld gaming PC, which debuted in the spring with a price tag of $700, is getting a more affordable sibling. According to recent leaks, the upcoming Legion Go S will be priced at around $399, providing a budget-friendly alternative to the original model. These leaks, which include detailed renderings of the device, have sparked considerable interest, as gamers look for cheaper handheld gaming PCs. What’s New with the Legion Go S? The Legion Go S is expected to be a more stripped-down version of the original Legion Go, which has been praised for its powerful performance but…

NZXT, a well-known brand in the world of custom PC hardware and prebuilt systems, is facing serious allegations from the tech community. The company’s Flex PC rental program, which allows customers to rent prebuilt gaming PCs for as low as $59 per month (excluding peripherals such as a mouse, keyboard, and monitor), is under fire for deceptive practices, with Gamers Nexus accusing the program of using “bait-and-switch” tactics. A detailed investigation by the popular YouTube channel raises concerns about rapidly changing specs, misleading performance claims, and shifting prices, all of which contribute to what they believe is an unfair and…

In a significant milestone for space exploration, NASA has awarded SpaceX a $256.6 million contract to launch its groundbreaking Dragonfly mission to Saturn’s moon Titan. This contract further solidifies SpaceX’s position as NASA’s preferred commercial launch provider for high-profile space missions. The launch, scheduled for July 2028, will use SpaceX’s powerful Falcon Heavy rocket, and the mission will be managed by NASA’s Launch Services Program at Kennedy Space Center in Florida. Dragonfly Mission: A First for Space Exploration The Dragonfly mission is a part of NASA’s New Frontiers program, which has previously led successful missions such as New Horizons to…

A recent study from the Tow Center for Digital Journalism highlights significant concerns about the accuracy and reliability of citations generated by ChatGPT, particularly for publishers whose content is used by OpenAI’s chatbot. As publishers increasingly engage in content licensing deals with OpenAI, the findings raise questions about how the AI tool handles sourcing, with some suggesting it could undermine the reputation of publishers and their content. Study Overview: Inaccurate and Misleading Citations Conducted by Columbia Journalism School, the study examined how ChatGPT handles citations when asked to identify the source of quotes taken from 20 different publishers, including major…

X (formerly known as Twitter) is considering a new feature that would help users better differentiate parody accounts from real profiles, amid growing concerns over the confusion these accounts cause. The platform, known for hosting a variety of user-generated content, has seen a rise in accounts that mimic public figures such as politicians, athletes, and celebrities. While some of these accounts clearly identify themselves as parody by including the word “Parody” in their username or bio, others do not, which can lead to misunderstandings—sometimes even among professional news anchors and other users. The Proposed ‘Parody Account’ Label According to reports…

The Thanksgiving weekend, traditionally the start of the holiday shopping season, is shaping up to be a strong one for e-commerce, with sales soaring in 2024. According to real-time tracking by Salesforce, online sales on Thanksgiving Day hit a record $33.6 billion globally, marking a 6% increase from the previous year. In the U.S. alone, online sales reached $8.1 billion, a rise of 8% compared to last year, further boosting optimism for the upcoming holiday season. E-Commerce Surge Continues Salesforce’s findings highlight positive growth across several markets. Europe also experienced notable growth, with sales increasing by 10%. Meanwhile, Adobe, which…

A coalition of prominent Canadian news organizations, including the Toronto Star, the Globe and Mail, and the Canadian Broadcasting Corporation (CBC), has filed a lawsuit against OpenAI, the creator of ChatGPT. The lawsuit, filed on November 29, 2024, accuses OpenAI of violating their copyrights by using content from their websites to train its artificial intelligence (AI) models without proper consent or compensation. The news outlets claim that OpenAI scraped their articles, news stories, and other media content to develop the language models that power ChatGPT. The companies argue that this content is the result of significant investments in time, labor,…

Meta, the parent company of Facebook, Instagram, and WhatsApp, is preparing to undertake an ambitious new project that could significantly shape the future of internet infrastructure. According to sources close to the company, Meta is planning to invest over $10 billion into building a massive subsea fiber-optic cable that will span more than 40,000 kilometers across the globe. This move represents a bold shift in how big tech companies are investing in the internet backbone to ensure uninterrupted, high-quality service for their growing global user base. Why Build a Private Cable? Meta, as one of the largest drivers of internet…