Author Archives: Techme101

Elon Musk must face Twitter shareholders’ lawsuit over alleged securities fraud

A proposed class-action lawsuit against Elon Musk and his family office Excession can proceed in federal court, a judge ruled Friday.

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Javice found guilty of defrauding JPMorgan in $175M startup purchase

Charlie Javice, the founder of student loan application startup Frank that was purchased by JPMorgan for $175 million, was found guilty on Friday of defrauding the bank by greatly inflating the customer count. After a five-week trial, the jury found … Continue reading

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Elon Musk Says He Has Sold X to His A.I. Start-Up xAI

The deal combined two of Mr. Musk’s companies, which have been on different trajectories. The transaction valued xAI at $80 billion and X at $30 billion, the billionaire said.

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Blackstone Considers Small Investment in TikTok

The private equity giant is considering investing as the video app works to follow a law that requires it to separate from its Chinese owner, ByteDance, by next week.

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Elon Musk’s xAI Acquires X, Because of Course

Social platform X struggled after Elon Musk took over, but its fortunes improved dramatically after US President Donald Trump won reelection. Now it will be become part of Musk’s AI startup xAI.

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Elon Musk says xAI has acquired X in deal that values social media site at $33 billion

In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.

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OpenAI Agents Now Support Rival Anthropic’s Protocol, Making Data Access ‘Simpler, More Reliable’

Anthropic’s Model Context Protocol is effectively a universal language that can be used to develop two-way connections between a wide range of AI models and third-party data sources.

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‘AI Biology’ Research: Anthropic Looks Into How Its AI Claude ‘Thinks’

The reasoning Claude presents to users doesn’t always reflect how the AI actually arrived at its answers. Anthropic studied this and other paradoxes of a machine that pretends to think.

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‘Tesla Takedown’ protesters are planning a global day of action on March 29, and things might get ugly

‘Tesla Takedown’ organizers have promised their biggest day of global action this weekend, encouraging thousands to protest outside Tesla showrooms, dealerships, and even charging stations to peacefully object to Elon Musk’s role in slashing government spending.  As Tesla protests have … Continue reading

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Elon Musk says xAI acquired X

Elon Musk’s AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, he announced in a post on X Friday. “xAI has acquired X in an all-stock transaction. The combination values xAI at $80 billion and … Continue reading

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