This billionaire couple has a plan to give away a $20 billion Facebook fortune
Former journalist and wife of Facebook cofounder Dustin Moskovitz, Cari Tuna steered millions into AI safety research ahead of ChatGPT’s launch. Here’s what’s next.
Billionaires
Why Sam Altman won’t be on the hook for OpenAI’s massive spending spree
OpenAI has gone wild with compute deals this year, committing to spend far more than its balance sheet can currently sustain. So who takes the fall if it can’t pay? It won’t be Altman.
Tesla approves Musk’s potential trillion-dollar payday
Tesla shareholders approved a compensation package Thursday for CEO Elon Musk that could be worth close to $1 trillion, a deal proposed by Tesla’s board as crucial to keeping the world’s richest man at the company, though the payment plan was challenged in recent weeks by some of the automaker’s largest shareholders.
Mark Zuckerberg drops to sixth-richest after Meta stock slides
A stock dip comes after Reuters reported Meta estimated a chunk of revenue would come from running fraudulent ads.
To infinity and beyond: The Mowbray siblings assembled a billion-dollar fortune from cheap toys. Can they create something grander?
Nick Mowbray is working from home, a 12-bedroom mansion in Coatesville, New Zealand. It’s the former abode of cyber-renegade Kim Dotcom, and it’s here that Dotcom was arrested by heavily armed police in 2012.
Elon Musk’s $1 trillion pay plan: The case for magical thinking
Big funds, advisory firms and the Pope oppose the exorbitant plan. Approval means shareholders think the polarizing, distracted CEO can top past successes with an AI-powered strategy.
Billionaire winners and losers in Tuesday’s US elections
More than 26 billionaires gave to campaigns to defeat New York City Mayor-elect Zohran Mamdani.
Threads passes X in key monthly metric for first time in Zuckerberg vs. Musk battle
Threads surpassed X in daily active users on mobile devices worldwide for the first time by a razor-thin margin late September, though now Threads has since extended its lead by millions of users.
Jeff Bezos becomes $10 billion richer as Amazon’s OpenAI deal boosts stock
Jeff Bezos’ stake in Amazon is up almost $30 billion since Friday.
Spotify accused of ignoring ‘billions’ of fraudulent Drake streams—what we know about bot streams
A federal lawsuit filed Sunday in California federal court accuses Spotify of failing to prevent streaming fraud, including by allowing “billions” of bot-generated streams that allegedly boosted rapper Drake’s streaming numbers, though he is not named as a defendant.