Meet Richard Tornetta, drummer who took on Elon Musk over a $56 billion pay deal December 03, 2024 at 01:44AM

A Delaware court invalidated Elon Musk's $56 billion Tesla pay package, deeming the approval process deeply flawed. Shareholder Richard Tornetta's lawsuit prompted the ruling, which mandates Tesla to draft a new plan. Musk plans to appeal, and Tesla may relocate its incorporation to Texas, facing potential challenges.

China bans exports of gallium, germanium, antimony to US December 02, 2024 at 11:14PM

China has enacted an immediate ban on the export of dual-use items related to gallium, germanium, antimony, and superhard materials to the U.S., in response to Washington's latest crackdown on the Chinese chip sector. The new curbs, citing national security, will require stricter reviews for graphite dual-use exports, escalating trade tensions between the two nations.