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Elon Musk's X Corp. has filed a lawsuit against the Global Alliance for Responsible Media (GARM), accusing the industry group of violating antitrust laws through an advertising boycott that cost X billions of dollars. The boycott was organized by GARM in 2022 over concerns about X's adherence to "brand safety" standards after Musk acquired the platform. The lawsuit claims that the boycott undermines the marketplace of ideas and favors certain viewpoints over others. This comes as House Republicans and conservative media outlets have also criticized GARM for alleged antitrust violations. X's lawsuit is accompanied by a similar lawsuit from video sharing platform Rumble. [Extracted from the article]

The company plans to operate on a total of 10 patients this year. [ABSTRACT FROM AUTHOR]

Elon Musk's X Corp., formerly known as Twitter, has filed a lawsuit against the Global Alliance for Responsible Media (GARM) for violating antitrust laws. The lawsuit claims that GARM coordinated an advertising boycott of the platform, which resulted in billions of dollars in losses for X. X CEO Linda Yaccarino stated that the boycott undermines the marketplace of ideas and favors certain viewpoints over others. GARM is an industry group with over 100 members, including advertisers and tech companies. This lawsuit follows accusations by House Republicans that GARM violated antitrust laws. [Extracted from the article]

German drugstore chain Dirk Rossmann GmbH has announced that it will no longer purchase Tesla vehicles for its fleet due to Elon Musk's support for Donald Trump. The company, which has over 62,000 employees and 4,700 branches across Europe, will continue to use the Teslas already in its fleet for sustainability purposes but will turn to other manufacturers and models for future vehicle orders. Rossmann's decision follows similar moves by other companies in Germany, such as SAP SE and Sixt SE, who have cited fluctuating prices and fleet management complications as reasons for phasing out Teslas. [Extracted from the article]

The number of top-ranked restaurants in California has decreased, according to the latest Michelin Guide release. There are now 85 starred dining rooms, compared to 87 in 2023 and 89 in 2022. The number of three-star restaurants, the highest ranking, remained the same at six. The list also includes new additions and restaurants that have been demoted or dropped from the list. Additionally, Michelin announced the launch of its inaugural guide in five Texas cities. [Extracted from the article]

Musk's America PAC directs users to register to vote—but then collects their personal information. [ABSTRACT FROM AUTHOR]

Elon Musk's social network, X (formerly known as Twitter), will be closing its San Francisco office and relocating its employees to offices in San Jose and Palo Alto. Musk, who acquired the company in 2022, has expressed his dislike for San Francisco and blamed its left-leaning culture for making Twitter too liberal. The move marks the end of X's presence in the city where Twitter was founded almost 20 years ago. The Mid-Market neighborhood, where X's office is located, has been struggling due to the slow return of workers following the Covid-19 pandemic. However, the artificial intelligence boom has helped revive the area, with AI startups leasing significant office space in San Francisco. [Extracted from the article]

Elon Musk's social network, X (formerly known as Twitter), will be closing its San Francisco office and relocating its employees to offices in San Jose and Palo Alto. This move comes after Musk expressed his dislike for San Francisco's culture and announced that X's headquarters would be relocated to Texas. The closure of the San Francisco office marks the end of X's long history in the city where Twitter was founded almost 20 years ago. The Mid-Market neighborhood, where X's office is located, has been struggling due to the slow return of workers following the Covid-19 pandemic, resulting in a high office-vacancy rate. [Extracted from the article]

The UK government, led by Prime Minister Keir Starmer, has suggested that foreign states may be involved in instigating the recent wave of riots in the country. The government held a meeting to coordinate the response to the anti-immigrant and anti-Muslim riots, with the prime minister promising to crack down on the perpetrators. Starmer's spokesperson criticized social media companies for not doing enough to address online hate and condemned a post by Elon Musk that predicted civil war in the UK. The unrest poses a significant challenge for Starmer's new government and tests the country's policing and judicial systems. There is evidence of foreign state involvement in online bot activity driving far-right sentiment, and the National Crime Agency is investigating the matter. The recent disorder has been fueled by online misinformation, with far-right activists spreading false claims about a Muslim migrant being responsible for a recent attack. The violence has occurred in various towns and cities across the country, and additional measures have been announced to protect mosques. The government is ramping up criminal justice efforts, with hundreds of arrests already made. The violence is the worst in England since 2011, and Starmer is expected to take a tough approach to the unrest. The tensions began with a stabbing attack at a party, and police have clarified that the suspect was born in Britain, countering false claims about his identity. [Extracted from the article]

The UK Prime Minister's administration has criticized Elon Musk's suggestion that Britain is heading for civil war. Musk made the comment on his social media platform in response to a video showing riots and remarks about migration and open borders. The Prime Minister's spokesman called Musk's comments unjustified and called for an immediate response from social media companies to combat the spread of misinformation and organize anti-immigration protests. The spokesman also warned that those who incite violence can be prosecuted and face prison. [Extracted from the article]

The article covers various political and social issues. Topics include Iraq's new law criminalizing sexual deviancy and gender transition surgeries, substantial compensation packages awarded to Chief Executive Officers David Calhoun of Boeing and Elon Musk of Tesla despite company losses, and the Colorado GOP's call for parents to withdraw their children from public schools over a new pronoun law.

Roelof Botha, the head of venture capital firm Sequoia Capital, is leading the company in a changing industry. Botha, who has a background in rugby, draws lessons from the sport to guide his work in venture capital. Sequoia Capital has a strong track record of successful investments, including Apple, Google, and Nvidia, and has distributed billions of dollars to its investors. Botha is focused on adapting to the evolving venture capital landscape and maintaining Sequoia's success. He has implemented changes such as a new investment fund structure and is known for his analytical and methodical approach. Botha's upbringing in South Africa and his drive to distinguish himself have shaped his career. [Extracted from the article]

The article discusses Tesla's Cybertruck, a polarizing and unconventional electric utility vehicle. The truck's design features a wide, triangular, stainless-steel body with sharp edges, drawing comparisons to the Eiffel Tower and a child's sketch. Despite its unique appearance, the Cybertruck lacks practical features such as grab bars and a large rearview mirror. The article explores the truck's controversial design and its potential as a status symbol, while acknowledging its discomfort and limited practicality. The Cybertruck's unconventional design has sparked conversations and made it a topic of interest in a time of political, environmental, and economic uncertainty. [Extracted from the article]

Elon Musk's ownership of Twitter and his public support for right-wing nationalist ideas have made him a significant and concerning figure in the upcoming election, according to Zeeshan Aleem. Musk's posts have been reshared hundreds of thousands of times, and he has made a showy endorsement of a Republican candidate. As the owner of X, Musk has control over the algorithms that shape the content people see, potentially favoring certain candidates or suppressing criticism. Additionally, Musk has shown little interest in discouraging foreign meddling or social media operations that confuse the public. His power to shape public discourse could have an impact on the election outcome. [Extracted from the article]

Elon Musk's xAI has approached artificial intelligence chatbot startup Character.AI about a potential acquisition. It is unclear if the talks have progressed or if a deal has been seriously discussed. Character.AI, which allows users to create customized chatbots, was previously valued at over $5 billion, while xAI has raised $6 billion at a valuation of $24 billion. Musk has denied a previous report of xAI's interest in Character.AI. [Extracted from the article]

Called Ad Astra, Musk has said the school will focus on "making all the children go through the same grade at the same time, like an assembly line." [ABSTRACT FROM AUTHOR]

Microsoft is urging Congress to pass a comprehensive law to address deepfakes, which are images and audio created with artificial intelligence that can be used to interfere in elections or target individuals. Microsoft President Brad Smith emphasized the need for laws to combat deepfake fraud and prevent cybercriminals from using this technology to harm everyday Americans. The company is also advocating for AI-generated content to be labeled as synthetic and for laws that penalize the creation and distribution of sexually exploitative deepfakes. The goal is to protect elections, prevent scams, and safeguard women and children from online abuses. [Extracted from the article]

A Tesla analyst from Truist Securities recently test-drove one of Tesla's vehicles equipped with the Full Self-Driving (FSD) system and narrowly avoided a crash. The analyst was impressed with how well FSD adapted to lane closures, potholes, and traffic flows, but was concerned about the system's permissiveness, as it allowed him to take his eyes off the road for an extended period of time. The analyst concluded that while FSD was impressive, it was not yet capable of achieving full autonomy. Tesla has not yet responded to the analyst's report. [Extracted from the article]

The published version of Forbes' CEO newsletter delivers the latest news for today's and tomorrow's business leaders and decision makers, delivered to inboxes Mondays. [ABSTRACT FROM AUTHOR]

Billionaire Elon Musk and Donald Trump Jr. both criticized the parody during the Paris Olympics opening ceremony—while others were quick to point out the famous painting has been the target of satire for many years. [ABSTRACT FROM AUTHOR]

An analyst from Truist Securities, William Stein, tested Tesla's driver-assistance system, Full Self-Driving (FSD), and narrowly avoided a crash. Stein was impressed with how well FSD adapted to lane closures, potholes, and traffic flows, but found the system's permissiveness concerning. He was able to continue using FSD even while taking his eyes off the road, and the system issued a warning only after 20-40 seconds. Stein concluded that while FSD was "truly amazing," it was not close to achieving full autonomy. Elon Musk has emphasized FSD and Tesla's efforts in artificial intelligence as the company's electric vehicle sales have slowed. [Extracted from the article]

Elon Musk's company, X, has introduced a feature that allows users to prevent their posts and interactions from being used to train the artificial intelligence chatbot, Grok. By default, X users' data is used to train Grok, but users now have the ability to control whether their public posts can be used for this purpose. Users can also make their accounts private to prevent their information from being used by the chatbot. Grok, which is part of Musk's artificial intelligence startup xAI, has been trained on X data and is currently available to premium subscribers. Musk has previously expressed his intention to use data from X to train Grok. [Extracted from the article]

Mexico's peso has experienced a significant decline due to various global factors. Elon Musk's decision to delay a $10 billion investment by Tesla Inc. raised concerns about political risk from President Trump's potential tariffs on Mexico-made goods. Additionally, a rally in the Japanese yen deterred carry traders, leading to a massive unwinding of carry trades. These developments have undermined the peso's strength and nearshoring opportunities for Mexico. The peso's six-month implied volatility has also increased, indicating heightened uncertainty. [Extracted from the article]

Tesla CEO Elon Musk has announced that the company's board will discuss whether to invest $5 billion into his artificial intelligence startup, xAI. Musk conducted a poll among Tesla users, with over two-thirds of respondents voting in favor of the investment. Musk stated that Tesla would consider the matter, pending board approval and a shareholder vote. The potential investment comes after Tesla reported disappointing profits and Musk expressed interest in integrating xAI's technology into Tesla's software. Musk founded xAI in 2023, following his resignation from the board of OpenAI due to potential conflicts of interest. [Extracted from the article]

Elon Musk is asking users of X whether Tesla should invest $5 billion in his artificial intelligence startup, xAI. Musk believes that Tesla has learned a lot from xAI and that it has helped advance their Full Self-Driving features. Musk has set up a poll to gauge shareholder interest in the potential investment. This comes after xAI raised $6 billion in funding, and concerns have been raised about conflicts of interest between Musk's roles at Tesla and xAI. Musk has previously asked Tesla investors to approve controversial deals, such as the acquisition of SolarCity. [Extracted from the article]

Billionaire Elon Musk and Donald Trump Jr. both criticized the parody during the Paris Olympics opening ceremony—while others were quick to point out the famous painting has been the target of satire for many years. [ABSTRACT FROM AUTHOR]

The mother of billionaire Elon Musk's former partner, musician Grimes, claimed Musk is withholding his children from their mother. [ABSTRACT FROM AUTHOR]

Elon Musk, the CEO of Tesla and SpaceX, has publicly endorsed Donald Trump and is leading a shift in Silicon Valley towards supporting the president. Musk has announced that he will donate around $45 million per month to a pro-Trump political-action committee and his endorsement has encouraged other tech billionaires to do the same. While financial reasons may not be the main motivation for Musk's endorsement, the outcome of the election could have a significant impact on his business empire, particularly in relation to electric vehicle incentives and trade with China. Additionally, Musk has expressed a desire for Trump to address regulatory issues that have caused him frustration. [Extracted from the article]

Electric car manufacturer Rivian Automotive will face trial over allegations that it encouraged its employees to steal trade secrets from Tesla, according to a ruling by a California judge. The judge denied Rivian's motion to dismiss the lawsuit, stating that Tesla presented sufficient evidence for a trial. The legal battle began in 2020 when Tesla accused Rivian of poaching employees and misappropriating confidential information. Rivian has denied the allegations. A final hearing is scheduled for Wednesday. [Extracted from the article]

Musk remains the richest person on Earth even after losing the equivalent of the 113th-wealthiest person's entire fortune in one morning. [ABSTRACT FROM AUTHOR]

Netanyahu is speaking to Congress about Israel's war with Hamas. [ABSTRACT FROM AUTHOR]

Elon Musk recently conducted a poll among Tesla users to gauge their interest in the company investing $5 billion in his artificial intelligence startup, xAI. Over two-thirds of respondents voted in favor of the investment. Musk has expressed support for the idea, stating that Tesla has benefited from xAI's contributions to their Full Self-Driving features. However, concerns have been raised about potential conflicts of interest, as Musk has diverted AI chips from Tesla to xAI and some AI specialists have left Tesla for the startup. xAI recently raised $6 billion in funding, and Musk has a history of controversial deals, such as the acquisition of SolarCity. [Extracted from the article]

Tesla Inc. reported disappointing profits for the fourth consecutive quarter and delayed the unveiling of its autonomous taxis, causing the company's stock to plummet. CEO Elon Musk confirmed that the event showcasing robotaxi prototypes will be pushed back to October. Tesla's shares fell over 12%, the largest decline in almost four years. Despite the setback, Tesla's revenue beat expectations, driven by growth in its energy generation and storage business. The company plans to manufacture new, lower-cost cars in Texas starting in the first half of next year. The decision to delay a factory in Mexico is due to potential tariffs imposed by President Donald Trump, whom Musk has endorsed. Musk downplayed the risk Trump may pose to Tesla's business and stated that the removal of subsidies could actually benefit Tesla in the long term. [Extracted from the article]

Elon Musk has been invited by Israeli Prime Minister Benjamin Netanyahu to attend his address at the US Capitol. This invitation comes shortly after Musk announced that SpaceX has started offering Starlink internet service in a hospital in the Gaza Strip, following permission from the Israeli government. Musk's relationship with Israel has been complicated, with advertisers on his social media platform distancing themselves from antisemitic comments. Musk previously met with Netanyahu in September 2023 to discuss accusations of antisemitism and Israel's AI potential. Netanyahu expressed interest in Musk investing in Israel's AI startups. [Extracted from the article]

Tesla Inc. has reported disappointing profits for the fourth consecutive quarter and has postponed the unveiling of its autonomous taxis. The company's stock has dropped by 7% following the news. Tesla's CEO, Elon Musk, confirmed that the event showcasing robotaxi prototypes will be delayed by two months until October. Despite the decline in profits, Tesla's revenue has exceeded expectations, reaching a record $25.5 billion, driven by growth in the energy generation and storage business. The company plans to manufacture new, lower-cost cars in Austin starting in the first half of next year. However, the production of more affordable models and a planned factory in Mexico have been delayed. Musk has endorsed Donald Trump and is involved with America PAC, a political action committee supporting Trump. [Extracted from the article]

SpaceX has launched its Starlink internet service in a hospital in the Gaza Strip, according to Elon Musk. This comes after receiving permission from the Israeli government five months ago. The service is being provided with the support of both the United Arab Emirates and Israel, and measures have been put in place to prevent access for Hamas. Starlink is also being used in other conflict zones, such as Sudan, where it is being used by volunteers and health workers during a civil war. The service is officially available in many parts of the world, but not yet in the Middle East. [Extracted from the article]

Elon Musk has confirmed that he has made donations to a super political action committee (PAC) supporting Donald Trump's presidential campaign, although at a lower level than previously reported. Musk clarified that he had donated to America PAC, which focuses on get-out-the-vote efforts. He did not disclose the exact amount of his contributions. Other donors to the organization include Joe Lonsdale from Palantir and crypto billionaires Cameron Winklevoss and Tyler Winklevoss. Musk's endorsement of Trump came shortly after an assassination attempt on the former president. [Extracted from the article]

Elon Musk, the CEO of Tesla Inc., is asking his followers on social media whether Tesla should invest $5 billion into his own AI startup. Musk mentioned that Tesla has learned a lot from the AI startup, which has been helpful in advancing self-driving technology and building up Tesla's new data center. Musk expressed support for the idea of Tesla investing in the AI startup if there is shareholder approval. The AI startup, called xAI, raised $6 billion in funding this year and is valued at around $18 billion. Musk has faced criticism for potential conflicts of interest due to his involvement in multiple companies. [Extracted from the article]

Elon Musk announced during Tesla's earnings call that the company will delay further investment in its planned Mexico factory until after the US election due to political risk. Musk cited concerns over Republican nominee Donald Trump's proposed tariffs on Mexico-made goods. This decision raises questions about the future of the EV industry's growth and highlights the political risk facing Mexico, which hopes to benefit from President Joe Biden's nearshoring policies. Tesla had previously delayed plans to build a factory in Nuevo Leon, and it is unclear how this decision will impact the company's competitors and its reliance on manufacturing and investment tax credits. [Extracted from the article]

Tesla Inc. reported disappointing profits for the fourth consecutive quarter, with CEO Elon Musk stating that better days are still ahead. The highly anticipated robotaxi will only be unveiled as a prototype on October 10, and a new, lower-cost car won't go into production until the first half of next year at the earliest. The company's investors are waiting for Tesla's long-term plans to materialize while enduring weaker vehicle output and sales. Despite the lower-than-expected profits, sales exceeded expectations, reaching a record $25.5 billion. Tesla's automotive gross margin fell to 14.6% in the second quarter, reflecting increased operating expenditures and restructuring charges. Musk endorsed Donald Trump and downplayed the risk to Tesla's business if Trump wins office. The company expects to produce more cars in the current period and plans to release a profitable Cybertruck by the end of the year, with a lower-cost vehicle expected to start production in the first half of 2025. [Extracted from the article]

Tesla's shares have experienced significant volatility this year, with CEO Elon Musk's actions and statements playing a major role. Despite lackluster financial results and declining expectations for the second quarter, Tesla's market capitalization has increased by $386 billion in just 11 weeks. This rally has been driven by Musk's ability to position Tesla as a leader in artificial intelligence (AI) and autonomous technology, rather than focusing on current sales and earnings. However, investors are still looking for growth in Tesla's electric vehicle business while the company develops self-driving technology. The upcoming second-quarter earnings report will provide insight into Tesla's progress on these objectives. [Extracted from the article]

Tesla Inc. has postponed its robotaxi unveiling event to October 10, two months later than originally planned. CEO Elon Musk requested design changes, which the company wants to incorporate before the event. The event is highly anticipated as it will showcase Tesla's self-driving technology, which Musk believes is the future of the company. Tesla aims to eventually offer fully autonomous rides through its own ride-hailing app. [Extracted from the article]

Elon Musk, CEO of Tesla, announced that the company will have humanoid robots available for internal use by next year. Musk had previously promised a rollout by the end of 2024. The robots, called Optimus, will be able to perform tasks at the plant by the end of this year and may be ready for sale by the end of 2025. Other companies, such as Boston Dynamics and Hyundai, have also been working on humanoid robot development to address labor shortages and perform repetitive tasks. Musk's plans for robotaxis and AI technologies will be closely watched, as Tesla prepares to release its second-quarter earnings. [Extracted from the article]

IMC Communications, owned by businessman Wicknell Chivhayo, has been granted a license by the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) to provide internet services in Zimbabwe through a partnership with Elon Musk's Starlink. This move is expected to revolutionize the industry and reduce the cost of digital services in the country. Starlink's high-speed, low-latency services will be particularly beneficial in rural areas with poor connectivity. IMC has paid a significant fee for the permit and will be responsible for annual license fees. Potraz is also in the process of processing Starlink's license. [Extracted from the article]

Elon Musk and venture capitalist Vinod Khosla engaged in a public argument on social media after Joe Biden dropped out of the US Presidential race. Khosla criticized former President Donald Trump, stating that he couldn't support someone with no values and who mistreats women and immigrants. Musk defended Trump, stating that he believes Trump likes Khosla and that the country needs an administration that promotes individual freedoms. The two also discussed climate change and the role of the oil and gas industry, as well as the defense spending of the United States in relation to NATO. [Extracted from the article]

Elon Musk's SpaceX is seeking an official distributor to operate its Starlink satellite internet service in Sudan, despite the challenges posed by a 15-month-long civil war in the country. The search for a distributor has been difficult due to violence and uncertainty. Starlink devices have been illegally traded and activated in Sudan, with many being imported through corridors controlled by a paramilitary force. Humanitarian groups have urged Starlink to maintain its service in Sudan to aid relief efforts. Starlink has recently obtained a provisional license to operate in neighboring South Sudan, which has also been affected by conflict. [Extracted from the article]

Elon Musk, CEO of Tesla Inc., announced on social media that he has removed CrowdStrike Holdings Inc. software from all his systems after a faulty update caused global computer system crashes. While Musk did not specify if all his companies were dropping CrowdStrike's software, he mentioned that many of his suppliers and logistics companies still use it. Following Musk's remarks, shares of CrowdStrike dropped 11%. [Extracted from the article]