In 2018, Tesla shareholders approved the biggest pay package in history for Elon Musk. Six years later, will they do it again?…
Elon Musk has unexpectedly asked a California court to withdraw a legal case against OpenAI and its boss Sam Altman, which accused them of abandoning the firm’s founding mission of developing artificial intelligence (AI) for humanity’s benefit. The filing submitted by the multi-billionaire’s lawyers asked for the months-old case to…
Global markets are on tenterhooks ahead of a Federal Reserve interest-rate decision and key US inflation figures. Bitcoin investors have reason to be particularly alert for potential volatility. A 30-day correlation between Bitcoin and the US 10-year Treasury yield is at minus 53, one of the most negative readings in…
Standard Bank has seen a 121% spike in the number of offshore accounts opened since June 2023, it said in a statement. “With domestic events like local elections, the energy crisis, and general economic uncertainty, we have noted an increase in enquiries over the past three years,” says Bridgette Kruger,…
Changed market conditions and use of the electricity system, as well as the need to allocate income correctly internally, have prompted Eskom to update its 2020 application for a changed tariff structure, which may see some customers paying more for electricity and others less. According to Deon Conradie, a part-time…