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Saturday, September 13, 2025

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  • Elon Musk's xAI lays off hundreds of workers tasked with training Grok
    on September 13, 2025 at 2:33 am

    XAI laid off at least 500 of the workers on its data annotation team on Friday night.

  • Secretary of Commerce Howard Lutnick says Elon Musk got DOGE 'backward'
    on September 13, 2025 at 2:24 am

    Howard Lutnick, who recruited Elon Musk for DOGE, is now criticizing his approach to federal staff cuts.

  • Opendoor chair says the company currently has 1,400 employees but only needs 200 of them
    on September 13, 2025 at 12:47 am

    Keith Rabois, cofounder and new chairman at Opendoor, said the company's headcount should be slashed and that remote work doesn't work.

  • Tesla board chair says Elon Musk being involved in things outside of the company 'actually helps Tesla'
    on September 13, 2025 at 12:05 am

    "I know that sounds perverse," Tesla chair Robyn Denholm said on "Bloomberg Talks" on Friday, but she said "it actually […]

  • Charlie Javice takes 'full responsibility,' asks for mercy ahead of JPMorgan Chase fraud sentencing
    on September 12, 2025 at 11:13 pm

    "There are no excuses, only regret," Javice wrote her judge Friday night, ahead of her sentencing for defrauding JPMorgan Chase out of $175 […]

  • Bank of America names top deputies, offering clues to Moynihan's successor
    on September 12, 2025 at 10:10 pm

    Bank of America elevated veterans Jim DeMare and Dean Athanasia as co-presidents on Friday, giving them expanded oversight and responsibility.

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