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Musk says Tesla will hold shareholder vote ‘immediately’ to move company’s incorporation to Texas

The billionaire justified the decision on the results of an unscientific poll run on his X account a day earlier.

  • By Siladitya Ray
  • Forbes Staff

Songs by top artists— Taylor Swift, Bad Bunny — could disappear from TikTok today. Here’s why.

Talks to renew a licensing deal between TikTok and Universal Music Group fell through Tuesday.

  • By Siladitya Ray
  • Forbes Staff

Ozempic maker Novo Nordisk beats profit forecasts as weight-loss sales soar

GLP-1 injectable drugs like Ozempic and Wegovy made up a significant portion of the company’s annual sales.

  • By Robert Hart
  • Forbes Staff

Elon Musk no longer world’s richest person after judge voids $51 billion pay package

A decision by a Delaware judge late Tuesday afternoon has multibillion-dollar implications regarding Musk’s fortune.

  • By Matt Durot
  • Forbes Staff

Billionaire PayPal co-founder backs doping-friendly Olympics — the ‘Enhanced Games’

“Sports can be safer without drug testing,” the Enhanced Games claims, adding its reformed contest will let “athletes become superheroes.”

  • By Robert Hart
  • Forbes Staff

Judge voids Elon Musk’s eye-watering US$56 billion pay package from Tesla

Tesla shares dropped around 2% in after-hours trading following the ruling.

  • By Antonio Pequeño IV
One of the best-known Tesla analysts laid out a plan for the electric and self-driving vehicle giant’s board to curb the firm’s controversial CEO Elon Musk

Elon Musk is the world’s richest person again after Tesla shares rise

Musk’s net worth rose by $5.5 billion on Monday, as Tesla’s share price rallied 4.2% after a major slump last week.

  • By Siladitya Ray
  • Forbes Staff

PayPal cutting 2,500 jobs this year, reports

Last January, PayPal laid off some 2,000 people.

  • By Ana Faguy
  • Forbes Staff

Amazon’s US$1.4bn iRobot deal blocked: Inside the tech giant’s first failed buy

Amazon’s proposed acquisition of Roomba maker, iRobot, has been scrapped over EU antitrust regulatory concerns.

  • By Anastasia Santoreneos
  • Journalist & List Editor

How will Evergrande’s liquidation impact Australia?

The China Evergrande Group has US$300-billion in liabilities and was put into liquidation by a Hong Kong judge yesterday. Once the largest property developer in China, the fate of Evergrande is expected to impact Australian exports.

  • By Shivaune Field
  • Business Journalist
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