Technology
Elon Musk to visit India for meeting with Prime Minister Modi
Elon Musk has announced on his social media platform X, formerly Twitter, that he will visit India to meet Prime Minister Narendra Modi without giving a date. The Tesla boss is expected to announce major investment plans in the country soon. Last month, India cut import taxes on electric vehicles (EV) for global carmakers which […]
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International
Brazilian judge orders probe of Elon Musk amid X disinformation row
A Brazilian judge has opened an investigation of Elon Musk for obstruction of justice after the tech mogul said he would defy a court order to remove X accounts accused of spreading disinformation. In a decision on Sunday, Supreme Court Justice Alexandre de Moraes said the probe will examine whether Musk, who owns X, engaged […]
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Nigeria
Murder of 17 Soldiers: army defends declaration of eight suspects wanted
The Chief of Defence Staff, Christopher Musa, said contrary to criticisms by lawyers and activists,the military’s declaration was not illegal. PREMIUM TIMES reported that suspected residents of Okuama Community in Delta State, on 14 March, ambushed and murdered the Commanding Officer of 181 Army Amphibious Battalion, two majors, one captain and 13 soldiers. The troops […]
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World News
UK and US sign landmark agreement to test AI safety
The UK and US have signed a landmark deal to work together on testing advanced artificial intelligence (AI). The agreement signed on Monday says both countries will work together on developing “robust” methods for evaluating the safety of AI tools and the systems that underpin them. It is the first bilateral agreement of its kind. UK […]
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Features
BCM and DR: A must have
Business Continuity Management (BCM) and Disaster Recovery Plan (DR) are critical components of an organization’s overall resilience and risk management strategy. They play essential roles in ensuring an organization’s ability to continue its operations during and after disruptions, whether they are caused by natural disasters, cybersecurity incidents, or other unforeseen events. In this piece, I […]
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General News
Retired BNI officer escapes death by a hair’s breadth
Police in Tema are on the heels of a painter, Koffi Elom Sewonou, aka Francis Gomez, aka Hakeem Lion, who allegedly attempted to murder a retired officer of the Bureau of National Investigation (BNI) last month at Community 10. Information available to The Chronicle from both police and family sources reveal that the incident occurred […]
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Technology
Elon Musk sues OpenAI and Sam Altman, saying company putting profit over public good
Elon Musk, the multi-billionaire owner of Tesla and X, is suing artificial intelligence company OpenAI, accusing the firm of prioritising profit over developing AI for the public good. Mr Musk is bringing the suit against OpenAI, which he co-founded, and its chief executive, Sam Altman, for breaching a contract by reneging on its pledge to […]
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Opinion
Elon Musk and the elusive $56 billion package: A corporate governance commentary
On 30th January 2024, the Court of Chancery of the State of Delaware delivered a 200-page post-trial opinion, in a stockholder derivative action, Tornetta v Musk, invalidating Elon Musk’s $56 billion performance-based equity compensation plan at Tesla, Inc. In immediate reaction, Musk posted on X thus: “Never incorporate your company in Delaware.” He followed it […]
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Features
Elon Musk and the absolutist revival
By Katharina PISTOR Rulers have always found it hard to accept limits on their power. When the French parliament disputed Louis XIV’s edicts in 1655, the king of France and Navarre is said to have responded: “L’état, c’est moi” (“I am the state”). The ensuing age of absolutism in France ended only with the French […]
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Technology
Elon Musk’s $56 billion Tesla compensation voided by judge, shares slide
A Delaware judge on Tuesday voided the $56 billion pay package of Tesla CEO Elon Musk, ruling that the company’s board of directors failed to prove “that the compensation plan was fair” or show much evidence that they had even negotiated with him. Tesla’s share price slid about 3% in after-hours trading Tuesday following news […]
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Celebrity News
Joyful Way Inc, Perez Musik, Efe Grace thrill patrons at “Explosion of Joy” 2023
The Accra International Conference Centre(AICC) crackled with a different kind of electricity on Boxing Day. It wasn’t the hum of business deals or the buzz of conferences, but the infectious energy of the “Explosion of Joy” gospel concert. This annual tradition, hosted by legendary Ghanaian gospel choir, Joyful Way Incorporated, isn’t just a concert; it’s […]
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Event
#Citiuation23: I’m coming to sell Jesus Christ — Perez Musik
Celebrated gospel musician Perez Musik has stated that his performance at the Citiuation All-White outdoor party is aimed at sharing the message of Jesus Christ. This year’s Citiuation All-white outdoor party, organised by Citi FM and Citi TV will be held at the La Palm Royal Beach Hotel on Sunday, December 24. Known in real […]
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International
Threads: Meta’s rival to Elon Musk’s X launches in EU
Meta’s social media app Threads has launched in the European Union, five months after its release in other parts of the world. It debuted to much fanfare as a rival to Elon Musk’s X, formerly Twitter. But it was not made available in the EU, which has strict rules around data and big tech. Meta […]
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International
Elon Musk’s Tesla recalls two million cars in US over Autopilot defect
Tesla is recalling more than two million cars after the US regulator found its driver assistance system, Autopilot, was partly defective. It follows a two year investigation into crashes which occurred when the tech was in use. The recall applies to almost every Tesla sold in the US since the Autopilot feature was launched in […]
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