yahoo news | The 5 most unhinged revelations from Elon Musk’s lawsuit against OpenAI

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A jury ruled on Monday that Elon Musk’s lawsuit against OpenAI failed because it was filed outside the three‑year statute of limitations, effectively ending his claim that the nonprofit he co‑founded was illicitly turned into a for‑profit venture. The trial revealed a series of striking disclosures: board members accused Sam Altman of dishonest, contradictory statements that led to his brief ouster in 2023; Greg Brockman’s personal diary exposed internal debates over “morally bankrupt” moves to profit‑ize the lab and hinted at personal ambitions tied to a multibillion‑dollar stake; Musk’s aggressive tactics—offering Tesla cars, hosting meetings in his “haunted mansion,” and even threatening physical violence—were portrayed as attempts to wrest control, while his departure in 2018 preceded a contentious rivalry with OpenAI’s chief futurist. Microsoft’s deepening investment, driven by fears of falling behind Google in the AI race, was highlighted as a pivotal factor that helped restore Altman’s leadership and secured a 27 % stake in the company. Collectively, the testimony painted a picture of competing personalities and corporate ambitions vying for command of a technology many consider existentially risky, underscoring the broader tensions surrounding the governance of artificial general intelligence.

Read more: https://www.yahoo.com/news/articles/5-most-unhinged-revelations-elon-190000234.html?fr=sycsrp_catchall

#ElonMusk #OpenAI #SamAltman #GregBrockman #Microsoft #YvonneGonzalezRogers #LarryPage

Opinion Voices | Abcarian: Take a cue from the California billionaire unbothered by a targeted tax by Robin Abcarian

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Robin Abcarian argues that the richest Americans’ penchant for tax avoidance is a cultural flaw, pointing to figures like Leona Helmsley and Donald Trump as emblematic of the belief that “only the little people pay taxes.” She critiques the conspicuous consumption of billionaires such as Jeff Bezos and the Republican push for tax cuts, noting that California’s proposed one‑time 5 % billionaire tax—designed to raise about $100 billion over five years for the state’s faltering healthcare system—targets those who have benefited from federal tax cuts while paying far less than average citizens. The initiative, backed by the Service Employees International Union‑United Healthcare Workers West, has gathered enough signatures for the November ballot, but faces challenges: many of California’s 200‑plus billionaires have already relocated to states like Nevada, Florida and Texas, potentially eroding the projected revenue; opponents warn of constitutional and enforcement difficulties, while supporters cite tech leader Jensen Huang’s acceptance of the tax as a model. Abcarian concludes that, unlike permanent wealth taxes in other countries, this one‑off levy could fund essential services, but its success hinges on preventing wealthy flight and overcoming legal obstacles.

Read more: https://www.latimes.com/opinion/story/2026-05-03/california-billionaire-tax-eat-rich

#LeonaHelmsley #DonaldTrump #SEIU #JensenHuang #HillaryClinton #SergeyBrin #LarryPage #PeterThiel #MarkZuckerberg #LarryEllison

Times of India | Google founder Larry Page’s net worth increases by $15 billion in just one day as …

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Larry Page, Google’s co‑founder, saw his wealth jump by roughly $14.9 billion to $300.9 billion after Alphabet reported stronger‑than‑expected quarterly results, with earnings of $5.11 per share and revenue of $109.8 billion. The surge was largely driven by a 63% rise in Google Cloud sales and the company’s AI offerings, which Sundar Pichai called a “primary growth driver.” Page’s net‑worth increase makes him the world’s second‑richest person, behind Elon Musk, while fellow co‑founder Sergey Brin also rose to the third‑richest spot. In contrast, Jeff Bezos and Mark Zuckerberg saw their fortunes fall. Alphabet’s market valuation now stands at about $4.5 trillion, underscoring the pivotal role of AI in boosting the tech giant’s value.

Read more: https://timesofindia.indiatimes.com/technology/tech-news/google-founder-larry-pages-net-worth-increases-by-15-billion-in-just-one-day-as-/articleshow/130674012.cms

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qwant news | Exclusive | Palantir's Alex Karp is assembling a $75M compound in Miami Beach -- after shelling out $28.5M for a waterfront teardown

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Billionaire Palantir CEO Alex Karp is assembling a $75 million waterfront compound in Miami Beach, securing 265 feet of water frontage across two adjacent properties: a $28.5 million teardown at 29 East San Marino Drive on the Venetian Islands, which includes a 1935 bungalow, pool and dock on a third‑of‑an‑acre lot with 105 feet of frontage, and a nearby parcel he bought last summer for $46 million at 55 East San Marino Drive. Both acquisitions were made through anonymous shell companies and brokered by Joel Lusky of Brokerage South Florida Real Estate, and Karp plans to combine them into a single, expansive compound. The purchases coincide with Palantir’s recent relocation of its headquarters from Denver to Aventura, Florida, and reflect a broader trend of tech billionaires—including Peter Thiel, Mark Zuckerberg, Larry Page and Sergey Brin—investing heavily in luxury Miami‑area real estate.

Read more: https://nypost.com/2026/04/30/real-estate/palantirs-alex-karp-is-assembling-a-75m-compound-in-miami-beach-after-shelling-out-28-5m-for-a-waterfront-teardown/

#AlexKarp #Palantir #JoelLusky #PeterThiel #MarkZuckerberg #JeffBezos #IvankaTrump #JaredKushner #LarryPage #SergeyBrin

qwant news | The SEIU declares war on California's tax base — and its economy

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The Service Employees International Union (SEIU) is pushing the “2026 Billionaire Tax Act,” which would impose a one‑time 5 % tax on the net worth of California’s ultra‑wealthy, earmarking 90 % of the revenue for health‑care spending that directly benefits the union and its members. While the initiative has gathered enough signatures to qualify for the Nov. 3 ballot, critics argue the tax could trigger a new wave of billionaire exoduses—already seen with figures like Larry Page, Mark Zuckerberg, Sergey Brin, Larry Ellison and Peter Thiel—potentially costing the state $13 billion in personal‑income tax and up to $25 billion in broader economic revenue. The SEIU’s pursuit follows revelations of extensive Medi‑Cal fraud, yet opponents warn that the tax’s projected $100 billion revenue is unrealistic, and that wealthier residents will employ legal tactics to minimize liability, further depressing asset values and harming California’s economy for generations.

Read more: https://nypost.com/2026/04/28/opinion/the-seiu-declares-war-on-californias-tax-base/

#SEIU #DaveRegan #Medi_Cal #UnitedHealthcare #LarryPage #MarkZuckerberg #SergeyBrin #LarryEllison #PeterThiel

Feed: All Latest | Elon Musk Testifies That He Started OpenAI to Prevent a ‘Terminator Outcome’ by Paresh Dave, Maxwell Zeff

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Elon Musk took the stand in a federal courtroom to explain why he co‑founded OpenAI, saying his goal was to keep artificial intelligence from spiraling into a “Terminator‑style” catastrophe and to counter Google’s unchecked AI progress; he recounted lobbying for regulation since his college days, meeting Sam Altman in 2015, and launching OpenAI as a nonprofit focused on safety before agreeing to a limited for‑profit arm to raise funding, which he now argues has been taken too far after Microsoft’s $10 billion investment and the shift of IP and staff to the for‑profit entity. OpenAI’s lawyers countered that Musk was never promised a permanent nonprofit status, that the company had long planned large corporate investments, and that Musk himself fell short of his pledged $1 billion commitment, delivering only about $38 million, while also attempting to gain control over OpenAI through Tesla. The judge warned both parties to curb social‑media activity during the trial, which could affect OpenAI’s IPO plans and result in governance changes if the jury finds in Musk’s favor.

Read more: https://www.wired.com/story/model-behavior-elon-musk-testifies-at-musk-v-altman-trial/

#ElonMusk #OpenAI #SamAltman #business #StevenMolo #LarryPage #JamesCameron

The Nerd Reich | Tech Billionaires Threaten to Flee California—Again by Gil Duran

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Tech billionaires in California—most notably Peter Thiel and Google co‑founder Larry Page—are rattled by a proposed ballot measure that would levy a one‑time 5 % wealth tax on the state’s richest residents, a levy that could cost them billions and would apply retroactively to anyone living in California on Jan 1 2026. Backed by the Service Employees International Union‑United Health Workers, the measure isn’t yet on the ballot but has already spurred the billionaires to contemplate exiting the Golden State, with Governor Gavin Newsom even raising money to fight the proposal. Public opinion appears strongly in favor of taxing the ultra‑wealthy—polls show a majority of Americans, and likely an even higher share in California, think billionaires pay too little and wield too much power—fueling a broader backlash against Silicon Valley’s outsized influence, its ties to authoritarian politics, and calls for greater accountability. The article also notes a parallel trend of tech elites, including Curtis Yarvin and former UK Prime Minister Liz Truss, turning their attention to British politics.

Read more: https://www.thenerdreich.com/tech-billionaires-threaten-to-flee-california-again/

#PeterThiel #LarryPage #GavinNewsom #ServiceEmployees #SiliconValley #CurtisYarvin #LizTruss #Google #darkenlightenment #networkstate

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The Guardian | Number of billionaires globally could reach 4,000 in next five years by Lauren Almeida

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The analysis by estate‑agent Knight Frank predicts that the global billionaire population, currently about 3,110, could reach nearly 4,000 by 2031—a 25 % rise driven largely by tech and artificial‑intelligence‑enabled wealth creation. The number of ultra‑high‑net‑worth individuals (those with at least $30 million) has surged more than 300 % since 2021, and the fastest growth is expected in oil‑rich Saudi Arabia, as well as in Poland and Sweden. Meanwhile, wealth inequality is widening: fewer than 60,000 people now control three times the wealth of the world’s lower half, and Oxfam reports that the collective fortune of billionaires tops $18 trillion. The richest individuals remain Elon Musk, Larry Page and Jeff Bezos, while the UK saw its billionaire count dip to 156 in 2025 amid tax reforms and political volatility prompting the super‑rich to gravitate toward a smaller set of stable, opportunity‑rich cities. By 2031, Asia‑Pacific is projected to overtake North America as the region with the largest share of billionaires, accounting for about 37.5 % of the total.

Read more: https://www.theguardian.com/news/2026/apr/23/billionaires-super-rich-global-wealth-gap-economy

#KnightFrank #LiamBailey #globaleconomy #technology #thesuper-rich #ElonMusk #LarryPage #JeffBezos

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What is Gautam Adani’s go-to meal? Simple vegetarian items or Italian dishes? The answer might surprise you

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https://www.diningandcooking.com/2610334/what-is-gautam-adanis-go-to-meal-simple-vegetarian-items-or-italian-dishes-the-answer-might-surprise-you/