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☆ Tesla shareholders vote to reinstate Elon Musk’s $56 billion pay package
▼ + stars: | 2024-06-13 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +4 min

Tesla shareholders on Thursday voted to ratify CEO Elon Musk's mammoth 2018 pay plan, five months after a judge in Delaware ordered the company to rescind the package, finding it had been improperly granted by the board. Watch Elon Musk speak at the Tesla shareholder meeting nowThe compensation package was previously worth as much as $56 billion in Tesla stock. However, during last year's meeting, Musk promised shareholders he would spend less time on the app going forward, calling the business a "short-term distraction." Regarding the Cybertruck, which hit the market in late 2023, Musk said deliveries are picking up. Musk promised Tesla would move into "limited production" of Optimus in 2025 and test out humanoid robots in its own factories next year.

Persons: Elon, Musk, Judge Kathaleen McCormick, didn't, Tesla, He's, Pony.ai, Didi, Waymo, Optimus, Cathie Wood Organizations: ., Shareholders, SpaceX, Tesla, ARK Locations: Delaware, Austin , Texas, China, Texas

☆ Stock market today: US stocks climb as wholesale inflation data shows big cooldown in prices
▼ + stars: | 2024-06-13 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

The producer price index slid 0.2% month over month against forecasts of a 0.1% decrease. Tesla stock jumped as Elon Musk said on X his pay package was headed for approval. AdvertisementUS stocks continued their rally to record highs on Thursday after investors took in another cooler-than-expected inflation print. In May, the producer price index slid 0.2% month over month against forecasts of a 0.1% decrease. Tesla stock jumped more than 6% as Elon Musk said on X that his $56 billion compensation package was headed for shareholder approval.

Persons: Stocks, Elon Musk, —, Clark, Bellwether, DealBook Organizations: Service, Bloomberg, PPI, Federal Reserve, Treasury, Vanguard, BlackRock, Here's

☆ Elon Musk sure seems to be following Donald Trump's playbook
▼ + stars: | 2024-06-13 | by ( Aditi Bharade | Jyoti Mann | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewElon Musk seems to be taking a page out of Donald Trump's playbook. This story is available exclusively to Business Insider subscribers. Musk admitted in his March interview with Don Lemon that he takes a "small amount" of ketamine every other week. Representatives for Musk didn't immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: —, Elon, Donald Trump's playbook, Trump, Musk, David Sacks, Chamath Palihapitiya, they've, Zuck, Mark Zuckerberg, Sam Altman, There's, Don Lemon, Lemon, Musk didn't Organizations: Service, White, Business, Tesla, SpaceX, Wall Street, Trump, Reuters, Republican, OpenAI, Microsoft, Representatives Locations: San Francisco

☆ Laffer Tengler CEO: Musk deserves Tesla pay package after delivering on benchmarks
▼ + stars: | 2024-06-13 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLaffer Tengler CEO: Musk deserves Tesla pay package after delivering on benchmarksNancy Tengler, Laffer Tengler Investments CIO and CEO, joins CNBC's 'The Exchange' to discuss Tesla's pay package vote, outlooks for the company, and more.

Persons: Musk, Nancy Tengler Organizations: Tengler

☆ Stocks making the biggest moves midday: Broadcom, Signet, Dave & Buster's and more
▼ + stars: | 2024-06-13 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

Analysts polled by LSEG expected earnings of $10.84 per share and revenue of $12.03 billion. Signet Jewelers – Shares plummeted more than 13% on the heels of the company reporting mixed earnings results for the first quarter. Analysts polled by FactSet had expected earnings of 85 cents per share and revenue of $1.52 billion. The company reported revenue of $588 million, which is below the $621 million analysts had expected, per LSEG. Analysts had expected earnings of $2.68 per share and revenue of $404.8 million, according to FactSet.

Persons: LSEG, Signet, FactSet, Buster's, Tommy Bahama, Clark, Elon Musk, Oppenheimer, Ulta, Generac, Janney Montgomery Scott, Sean Milligan, Alex Harring, Michelle Fox, Sarah Min, Darla Mercado Organizations: Broadcom –, Computer, Arista Networks, Nvidia, Signet, Company, Galactic, Oxford Industries, Bank of America, Ford, Barclays, Paramount, Amusements, Paramount Global, Warner Bros, –, Liberty Global Locations: Texas

☆ Here are Thursday's biggest analyst calls: Nvidia, Netflix, Broadcom, Dell, Meta, Roblox, Tesla, Boeing, Microsoft & more
▼ + stars: | 2024-06-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Bank of America reiterates Broadcom as buy Following Broadcom's earnings report, Bank of America said the company has "potential to join the trillionaires club." Morgan Stanley downgrades Corning to equal weight from overweight Morgan Stanley downgraded Corning mainly on valuation. Bank of America reiterates Dell as buy Bank of America said it sees several positive catalysts ahead for Dell. Morgan Stanley reiterates Amazon, Alphabet, Meta, Microsoft and Adobe as overweight Morgan Stanley named several tech stocks that it said are well positioned for AI. " Morgan Stanley reiterates Colgate-Palmolive as a top pick Morgan Stanley said it sees a "pet inflection on the horizon" for Colgate.

Persons: it's, Oppenheimer, Ulta, Jefferies, OpenAI, Bernstein, Goldman Sachs, Goldman, Morgan Stanley, Goodyear, Wolfe, Bill Brown, Morgan Stanley downgrades Corning, TD Cowen, Cowen, KeyBanc, Dell, Clark, Wells, Fortnite, Stephens, Wedbush, Tesla, Elon Musk Organizations: Deutsche Bank, Nike, Bank of America, Broadcom, Citi, Royal, TEAM, Microsoft, OpenAI, Nvidia, Starbucks, Goodyear Tire, Civitas Resources, Netflix, Media Survey, Dell, " Bank of America, underperform Bank of America, Adobe, Colgate, Palmolive, Technology, Barclays, NextEra Energy Partners, NextEra Energy, Boeing, of America Locations: Royal Caribbean, Corning, Texas

☆ Elon Musk's payday drama comes to a head today
▼ + stars: | 2024-06-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

It's always sunny at Business Insider when "Welcome to Wrexham" star Rob McElhenney is around. In today's big story, we're looking at the drama between Tesla shareholders over Elon Musk's bumper pay package that gets decided on today . As funny as that sounds, the battle over Elon Musk's pay package is no joke. One longtime Tesla investor said the EV maker is " kind of the bottom of the pecking pole of Elon's companies ." Vote here on if you're for or against Musk's pay package .

Persons: —, Rob McElhenney, Elon, Apu Gomes, Chelsea Jia Feng, Insider's Grace Kay, they're, he's, Brooks Kraft, Musk, it's, Gwynne Shotwell, Somodevilla, Blackstone, Dan Ives, Araya Doheny, Patrick Fallon, Jenny Chang, Rodriguez, Henrik, Fisker, VCs, that's, whittle, Mark Zuckerberg, de Haro, Gen Zers, Mike Verdu, Slack, Brad Smith, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Elon, Getty, Retail, Brooks Kraft LLC, Nvidia, Tesla, Wall, SpaceX, Federal Reserve, Big Apple, Apple, Microsoft, BI, Adobe Locations: Wrexham, Delaware, Tesla, Manhattan, New York, London

☆ Elon Musk dropped his Open AI lawsuit, but he isn't done with Sam Altman and the AI race yet
▼ + stars: | 2024-06-12 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Read previewElon Musk might have withdrawn his lawsuit against OpenAI and its cofounders on Tuesday, but he certainly isn't giving up on winning the AI race just yet. Musk cofounded OpenAI with its current CEO, Sam Altman, but left its board in 2018. Shortly after the announcement, Musk threatened to prohibit Apple devices at his companies. "If Apple integrates OpenAI at the OS level, then Apple devices will be banned at my companies," Musk wrote in an X post. Related storiesRepresentatives for Musk and OpenAI did not immediately respond to requests for comment from BI sent outside regular business hours.

Persons: —, Elon, OpenAI, Musk, Sam Altman, Altman, David Hoffman, BI's Grace Kay, Tesla, it's Organizations: Service, OpenAI, Microsoft, Business, Apple, Musk, BI, University of Pennsylvania, Tesla Locations: Altman's court

☆ CNBC Daily Open: Apple shares pop, Musk drops OpenAI lawsuit
▼ + stars: | 2024-06-12 | by ( Abid Ali | ) www.cnbc.com time to read: +4 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Musk drops OpenAI suit Elon Musk dropped his lawsuit against OpenAI, CEO Sam Altman and President Greg Brockman, which alleged breach of contract and fiduciary duty. Apple pops Apple 's shares rose to a record high a day after it announced its push into artificial intelligence. Get the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are. For more, CNBC's Jeff Cox explains there could be a huge impact from the consumer price index and the Fed meeting.

Persons: Paul Jacobson, Elon Musk, Sam Altman, Greg Brockman, Siri, OpenAI, Morgan Stanley, Goldman Sachs, David Malpass, Dennis Lockhart, Jeff Cox, — CNBC's Lim Hui Jie, Lisa Kailai Han, Alex Harring, Spencer Kimball, Hayden Field, Samantha Subin, Ashley Capoot, Michael Wayland Organizations: New York Stock Exchange, CNBC, General Motors, GM, OpenAI, Microsoft, Apple, Apple Intelligence, Federal Reserve, Brent, Bank, Biden, Strategic Petroleum Reserve, Atlanta Fed Locations: New York City, U.S, San Francisco

☆ Tesla Investors to Decide if Musk Deserves $45 Billion Payday
▼ + stars: | 2024-06-12 | by ( Jack Ewing | Peter Eavis | ) www.nytimes.com time to read: +1 min

Under Elon Musk’s leadership, Tesla popularized electric vehicles and became the most valuable auto company in the world. Mr. Musk became a billionaire many times over while generating huge profits for investors. Even so, Tesla’s shareholders may decide this week that Mr. Musk has been paid too much. With it, he is probably the richest person in the world, worth well over $200 billion. She ruled that Mr. Musk had largely dictated the terms to a board of directors stacked with close friends, people he made rich and his brother.

Persons: Tesla, Musk, Jeff Bezos Organizations: Elon Musk’s, Amazon, Shareholders Locations: Delaware

☆ Ex-employees sue Elon Musk and SpaceX, claiming illegal firings after they called out alleged gender bias and harassment
▼ + stars: | 2024-06-12 | by ( Clare Duffy | ) edition.cnn.com time to read: +5 min

New York CNN —SpaceX and CEO Elon Musk were sued on Wednesday by former employees who claim they were illegally fired for raising concerns about gender discrimination and sexual harassment at the rocket company. The eight former employees were involved in writing a 2022 open letter criticizing Musk and urging SpaceX executives to make the firm’s culture more inclusive. Following the letter’s release, the eight employees were fired. Wednesday’s complaint alleges that “Musk personally ordered the Plaintiff’s terminations.”SpaceX did not immediately respond to a request for comment on the lawsuit. (Musk has denied the harassment claims.)

Persons: Elon Musk, Musk, Twitter —, “ Musk, Gwynne Shotwell, Tom Moline, ”, ’, “, “ I’ve Organizations: New, New York CNN, SpaceX, Twitter, New York Times, National Labor Relations Board, CNN, MIT, Business Locations: New York, California, Texas

☆ Larry Ellison is $19 billion richer after Oracle shares rally the most since 2021
▼ + stars: | 2024-06-12 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. Oracle Chairman Larry Ellison is almost $19 billion richer after the software maker he founded in 1977 forecast double-digit revenue growth for the fiscal year, lifting the stock to its sharpest rally since 2021. Ellison owns about 1.15 billion Oracle shares, equal to around 42% of the company's outstanding stock. Oracle shares soared 13% on Wednesday to a record $140.38, their best day since Dec. 10, 2021. Oracle said its database will become available on Google's public cloud and that OpenAI will be able to use Microsoft's cloud-based AI tools atop Oracle's cloud infrastructure.

Persons: Larry Ellison, Ellison, Mark Zuckerberg, Bernstein, Elon Musk, Skydance, David Ellison Organizations: Oracle Corp, Oracle, Forbes, Bank of America, Barclays, JPMorgan, UBS, Street Journal, Indian Wells Tennis Garden, Tesla, Paramount Global Locations: San Francisco, California , Florida, Lanai, California

☆ Politicians keep courting the TikTok vote. Users aren’t impressed
▼ + stars: | 2024-06-12 | by ( Brian Fung | ) edition.cnn.com time to read: +9 min

Many TikTok users in the survey said they care far more about entertainment, culture and friends. TikTok users don’t care much about politicsMany TikTok users, roughly 4 in 10, said they do see at least some politics content on the app, according to the survey. Only a third of TikTok users said they use the app to keep up with politics; 41% said they use it to get news. Right now, 22% of TikTok users say content on the app is mostly liberal, while 6% say it’s mostly conservative, according to Pew’s latest survey. TikTok users who identify as Republicans were slightly more likely than Democratic TikTok users to say TikTok is bad for US democracy, but only by a slim margin of 7 percentage points.

Persons: Washington CNN —, John S, James L, Donald Trump, Joe Biden’s, TikTok, Biden, Pew, ” Pew, we’ve, ”, Colleen McClain, —, Elon Musk, ” McClain, McClain, Musk, it’s Organizations: Washington CNN, Pew Research Center, Knight Foundation, TikTok, Facebook, Trump, CNN, Pew, Democratic, Elon, “, Republican Twitter Locations: China, United States, TikTok, Gaza

☆ Longtime Tesla investor says Elon Musk's proposed $56 billion pay package is 'outrageous' amid poor stock performance
▼ + stars: | 2024-06-12 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Elon Musk's $56 billion pay package is "outrageous," according to longtime Tesla investor Ross Gerber. Investors are voting on Musk's pay package for the second time on Thursday, after previously approving it in 2018. "The reason the pay package was voted down is because the board of directors at Tesla is an absent board. I just think that they're just creating more problems, and Elon and his board should work on a fair pay package," Gerber said. I'd love to go to my own company and negotiate my own pay package with myself."

Persons: Elon Musk's, Ross Gerber, Gerber, Musk's, Musk, They're, it's, Tesla, Elon Organizations: Service, Business, CNBC, Elon, Tesla's Texas Locations: Delaware, Texas, Tesla's

☆ 66% of Americans give companies a failing grade for CEO pay
▼ + stars: | 2024-06-12 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

New York CNN —Americans are fed up with massive CEO pay packages. Just 13% say companies are doing a good or excellent job at avoiding a major pay gap between CEOs and average employees. For the third year in a row, the vast majority – 66% — say companies are doing a “poor” job here. Politically, the majority of Democrats (96%), independents (83%) and Republicans (67%) agree that it’s important to avoid major pay gaps. The findings show how the issue of CEO pay strikes a chord among many Americans, some of whom are struggling to make ends meet in an increasingly expensive world.

Persons: Gallup, ”, Nell Minow, Elon Musk, Tesla, “, Cynthia Clark, Bernie Sanders, Elizabeth Warren, “ It’s, Bill George, Medtronic, Hock Tan, William Lansing, George, Dave Calhoun, Dodd, Frank, Clark, ” Minow, Minow Organizations: New, New York CNN, Bentley University, Gallup, CNN, ValueEdge Advisors, Associated Press, “, Democrats, Sens, Broadcom, Harvard Business School, Boeing, Congress Locations: New York, ”

☆ SpaceX Is Sued by Employees Fired After Criticizing Musk
▼ + stars: | 2024-06-12 | by ( Eli Tan | ) www.nytimes.com time to read: +1 min

Eight former employees of Elon Musk’s rocket company, SpaceX, sued the company and Mr. Musk on Wednesday, contending they were wrongfully fired for raising concerns about sexual harassment and discrimination in the workplace. The employees were fired in 2022 after they circulated an open letter urging SpaceX executives to condemn Mr. Musk’s comments on Twitter, later renamed X, which amounted to “a frequent source of distraction and embarrassment for us.” After being made aware of the letter, Mr. Musk ordered the terminations, according to the complaint. “Our eight brave clients stood up to him and were fired for doing so,” Laurie Burgess, a lawyer representing the former SpaceX employees, said in a statement. “We look forward to holding Musk accountable for his actions at trial.”The plaintiffs are seeking an unspecified amount of compensatory damages. SpaceX did not immediately respond to a request for comment.

Persons: Musk, Musk’s, ”, “, ” Laurie Burgess Organizations: Elon, SpaceX, Twitter

☆ GameStop: Why this meme stock frenzy is different from 2021
▼ + stars: | 2024-06-12 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —Meme stock mania is back. Meme stocks saw a resurgence last month after Keith Gill, an investor who helped stoke the meme stock frenzy in 2021, made his first post on X in three years. For many traders who experienced the original meme stock craze, the phenomenon has prompted a wave of deja vu. Still, there are key differences between the reignited 2024 meme stock craze and the original in 2021. While GameStop shares have surged in recent weeks, it is still down 65% from its record high closing price in 2021.

Persons: Keith Gill, ” Gill, Gill, —, that’s, Craig Sarembock, ”, Joe Biden, Donald Trump, Trump, Biden, Samantha Delouya, That’s, Elon Musk, OpenAI, Hanna Ziady, ” Musk, Apple Organizations: CNN Business, Bell, New York CNN, stoke, GameStop, CNN, Federal Reserve, Bartlett Wealth Management, Global, ExxonMobil, Chevron, ConocoPhillips, EOG Resources, Schlumberger, Apple, SpaceX, Bluetooth, OpenAI, Developers Locations: New York, United States, OpenAI

☆ CNBC Daily Open: Fed watch, Apple pops
▼ + stars: | 2024-06-12 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Siri will get an upgrade with Apple Intelligence and the company will partner with OpenAI, giving users access to ChatGPT. The company's shares rose 1.3% after the automaker announced plans to buy back $6 billion of stock. While many analysts expect Apple's new AI offering to push consumers to buy new iPhones, not all analysts are convinced.

Persons: Siri, OpenAI, Morgan Stanley, Elon Musk, Sam Altman, Greg Brockman, Paul Jacobson Organizations: CNBC, Nasdaq, Nvidia, Apple, Dow Jones, Treasury, OPEC, Apple Intelligence, OpenAI, GM, Motors Locations: San Francisco

Employees work on the assembly line of new energy vehicles at a factory of Chinese EV startup Leapmotor on April 1, 2024 in Jinhua, Zhejiang Province of China. The additional tariffs are the result of an EU probe that began in October. Main Chinese BEV producer BYD was struck with a 17.4% tariff, with Geely slapped with a 20% duty. "We strongly oppose the use of increased tariffs as a strategy to obstruct the normal global trade of electric vehicles. watch nowGlobal EV trade tensions

Persons: Shi Kuanbing, Valdis Dombrovskis, Dombrovskis, BEV, BYD, Geely, Elon Musk's Tesla, Tesla, Nio Organizations: Visual China, Getty, Union, EV, European Commission, EU, CNBC, China's Ministry of Commerce, Google, World Trade Organization, SAIC, Global Locations: Jinhua, Zhejiang Province, China, Europe, Shanghai

☆ Elon Musk's $55 billion Tesla payday reckoning is almost here
▼ + stars: | 2024-06-12 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Read previewTesla kicks off its annual shareholder meeting tomorrow — and Elon Musk's $55 billion pay package is hanging in the balance. Tesla also indicated in a regulatory filing that they were considering putting forth an alternate pay plan if the proposal fails to go through. AdvertisementOver the past few months, Tesla has gone all out in its efforts to promote Musk's pay package and encourage investors to vote. Meanwhile, Tesla fans and Tesla employees have taken to social media over the past month to promote the proposal. Musk's compensation is not the only issue that Tesla investors have been weighing.

Persons: —, Elon Musk's, Tesla, Robyn Denholm, Musk, Anat Alon, Beck, Kimbal Musk, James Murdoch Organizations: Service, Business, Securities and Exchange Commission, Case Western Reserve University, P Global Market Intelligence, Reuters Locations: Delaware, Texas

☆ Mistral, a French A.I. Start-Up, Is Valued at $6.2 Billion
▼ + stars: | 2024-06-11 | by ( Adam Satariano | More About Adam Satariano | ) www.nytimes.com time to read: +1 min

Mistral, a French artificial intelligence start-up, said on Tuesday that it had raised 600 million euros, or about $640 million, from investors, a sign of robust interest in a company seen as Europe’s most promising rival to OpenAI and other Silicon Valley A.I. Mistral is now valued at €5.8 billion, according to a person familiar with the investment, an eye-popping sum for a company founded just one year ago by alumni from Meta and Google. Since OpenAI released ChatGPT in November 2022, investors have poured money into generative A.I. Two weeks ago, Elon Musk raised $6 billion for his start-up, xAI. OpenAI has raised roughly $13 billion from Microsoft, while another California start-up, Anthropic, has raised more than $7.3 billion.

Persons: Andreessen Horowitz, Elon Musk, OpenAI Organizations: Meta, Google, Catalyst, Lightspeed Ventures, Nvidia, Samsung, Salesforce, Cisco, IBM, BNP, Microsoft Locations: California

☆ Apple wants to put a friendlier spin on artificial intelligence, but many users could miss out
▼ + stars: | 2024-06-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at all the takeaways from Apple's big event , including its friendlier spin on artificial intelligence . Related VideoBut first, it's not AI; it's Apple Intelligence. Apple Intelligence — it's AI, just not that AI — is the company's first big swing in the space. Data is the name of the game when it comes to AI, and Apple's iPhones are full of it. However, the Apple Intelligence news and partnership with OpenAI is what really set the billionaire off.

Persons: —, we've, it's, Andrew Burton, Justin Sullivan, Rebecca Zisser, Tim Cook, Apple, Apple's, Insider's Jordan Hart, Katie Notopoulos, Pro Max, BI's Peter Kafka, Max —, wasn't, Elon Musk, Chelsea Jia Feng, Grzegorz Wajda, Elon, Bernstein, Toni Sacconaghi, Point72, Steve Cohen's, WallStreetBets, Tyler Le, OpenAI, Sarah Friar, Kevin Weil, who's, Sam Altman's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith Organizations: Service, Business, Tech, Apple Intelligence, Washington, Getty, Apple, Pro, Elon, OpenAI, Academy Investment, GameStop, Planet Labs, Oracle Locations: Apple's, Chelsea, Silicon, New York, London

☆ Apple debuts 'Apple Intelligence', new partnership with OpenAI: Here's what to know
▼ + stars: | 2024-06-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple debuts 'Apple Intelligence', new partnership with OpenAI: Here's what to knowJoanna Stern, Wall Street Journal personal technology columnist, joins 'Squawk Box' to discuss the key takeaways from Apple's annual Worldwide Developers Conference keynote, the company's generative AI plans, why one of the planned AI features irked Elon Musk, and more.

Persons: Joanna Stern, irked Elon Musk Organizations: Apple Intelligence, OpenAI, Wall Street, Developers

☆ Elon Musk isn't wrong about Apple AI privacy concerns, says Binary Defense's David Kennedy
▼ + stars: | 2024-06-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk isn't wrong about Apple AI privacy concerns, says Binary Defense's David KennedyDavid Kennedy, co-founder and chief hacking officer at Binary Defense, joins CNBC's 'The Exchange' to discuss Apple's AI announcement, privacy concerns, and more.

Persons: Elon, David Kennedy David Kennedy Organizations: Apple, Binary Defense

☆ Elon Musk's pay package should pass by large margin, says former Ford CEO Mark Fields
▼ + stars: | 2024-06-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk's pay package should pass by large margin, says former Ford CEO Mark FieldsHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Mark Fields, Brian Sullivan, “ Organizations: Elon, CNBC

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