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US judge voids Elon Musk's $56 billion Tesla compensation
US judge voids Elon Musk's $56 billion Tesla compensation
Economy
by  AFP

A judge in the US state of Delaware voided the $56 billion compensation package of Tesla chief executive Elon Musk on Tuesday, siding with a shareholder who claimed the entrepreneur was overpaid. The judge in Delaware Chancery Court ruled that the plaintiff, a Tesla shareholder named Richard Tornetta, was "entitled to rescission," approving the annulment of Musk's 2018 compensation agreement.

Microsoft, Google ride AI wave as revenues surge
Microsoft, Google ride AI wave as revenues surge
Technology
by  AFP

Microsoft and Google delivered solid corporate earnings on Tuesday as the tech giants said demand for artificial intelligence services stoked revenue. Google trails Microsoft and Amazon's AWS, which are the world's top providers of cloud computing services.

Google says AI helped it beat profit expectations
Google says AI helped it beat profit expectations
Technology
by  AFP

Google parent Alphabet on Tuesday credited artificial intelligence with helping boost profits in the final quarter of last year. Google ads brought in a total of $65.5 billion in the quarter, compared with $59 billion in the same period the prior year, according to the earnings report.