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Tech billionaire Elon Musk is already huge in China — but now his 76-year-old mother is a rapidly rising star there as well. “China is so advanced in roads, tunnels, buildings, infrastructure, and ports,” she wrote on her son’s social media platform X in October. Musk walking the runway for Chinese women’s wear brand Juzui at New York Fashion Week in September. Musk is one of a number of “silver-haired influencers” in China, a fast-aging country where there is growing concern about aging well. Maye Musk and Elon Musk at a campaign rally for President-elect Donald Trump at Madison Square Garden in New York on Oct. 27.

Persons: Elon Musk, “, ” Musk, Thomas Concordia, ”, Ashley Dudarenok, ” Dudarenok, Errol Musk, Musk, Elon, Maye Musk, Donald Trump, Jabin, Dudarenok, Trump, Maye Organizations: Tech, New York, Getty, Fila, Madison, Washington, Trump —, “ Department, Government Locations: HONG KONG, China, ”, U.S, New York, Hong Kong, “, Shanghai

☆ Musk joins Trump and family for Thanksgiving at Mar-a-Lago
▼ + stars: | 2024-11-29 | by ( Kit Maher | ) edition.cnn.com time to read: +3 min

CNN —Tesla CEO Elon Musk had a seat at the family table for Thanksgiving dinner at Mar-a-Lago, joining President-elect Donald Trump, Melania Trump and their 18-year-old son Barron, in the latest indicator of Trump’s growing bond with the world’s richest man. Yaakov Safar, who took the video, is a French jewelry designer who was invited to Mar-a-Lago as a guest on Thanksgiving. “I was telling @TheSlyStallone that I just watched Demolition Man again and how well it predicted the crazy woke future 30 years ago!,” Musk posted on X. Musk was with Trump at Mar-a-Lago when Ukrainian President Volodymyr Zelensky called to congratulate the president-elect the day after the election, according to a source briefed on the call. On the day after the election, Musk was seen in a Trump family photo at Mar-a-Lago posted by Trump’s granddaughter Kai.

Persons: Elon Musk, Donald Trump, Melania Trump, Barron, Musk, Michael Solakiewicz, “, ” Trump, Trump, Yaakov Safar, “ Trump, Elon, ” Safar, Sylvester Stallone, ” Musk, Vivek Ramaswamy, —, can’t, Volodymyr Zelensky, Zelensky, Mark Zuckerberg, Trump’s, Kai, CNN’s, Kia Fatahi, Kaitlan Collins Organizations: CNN, Mar, Trump, Department, Government, Trump’s, America, SpaceX, Tesla, Trump . Meta, Wednesday Locations: French, “, Trump’s Florida, Ukraine, Lago, Texas

☆ 5 big questions about how tech will look under Trump
▼ + stars: | 2024-11-29 | by ( Clare Duffy | ) edition.cnn.com time to read: +10 min

He sought to swat down legal protections for tech platforms. Many Republicans are eager to see the Trump administration address what they see as “censorship” of right-leaning voices by many mainstream social media platforms. That could mean reforming or reinterpreting Section 230, which shields tech platforms from liability for their users’ posts and allows the platforms to moderate content as they see fit. In essence, Carr could attempt to pass a rule that would make it possible to sue tech platforms under that new interpretation. Ultimately, that could mean hamstringing tech companies’ efforts to reduce hateful or false content on their platforms.

Persons: Trump, Donald Trump, – —, Trump’s, TikTok, Mark Zuckerberg, He’s, it’s, Elon Musk, Will TikTok, “, he’ll, Shou Zi Chew, Kent Nishimura, Alan Rozenshtein, ” Rozenshtein, You’re, doesn’t, isn’t, Will Trump, … we’ve, ” Musk, Joe Biden, Biden, ”, John Villasenor, Brendan Carr, Carr, Gigi Sohn, Tom Wheeler, Evan Greer, Lina Khan, JD Vance, Musk, Khan, Tayfun, – Khan, ” Villasenor, ” Greer, Republican Sen, Marsha Blackburn of, Democratic Sen, Richard Blumenthal, Mike Johnson Organizations: New, New York CNN, Google, Big Tech, Trump, Bloomberg, Getty, University of Minnesota, Apple, CNN, “, Fox News, Republican, UCLA Institute for Technology, Law, Federal Communications Commission, FCC, Democratic, Federal Trade Commission, Biden, White, Trump White House, Microsoft, Activision Blizzard, Kroger, Albertsons, FTC, Department, DOJ, TV, Senate Locations: New York, United States, —, Washington ,, Marsha Blackburn of Tennessee, Connecticut

☆ Elon Musk’s X is stepping in to the legal fight over Alex Jones’ Infowars. Experts say it’s unprecedented
▼ + stars: | 2024-11-29 | by ( Hadas Gold | ) edition.cnn.com time to read: +3 min

The sale includes Infowars’ website, studio equipment, online dietary supplement store and social media accounts, which are followed by millions of users. In past legal disputes over account ownership, social media companies have left it to the courts and parties involved to work it out. But in this case, X is stepping in, objecting to Jones and Infowars’ X accounts being part of the sale. That stands out to experts in social media law. “What conceivable motivation does a company have for destroying the value in their users’ accounts, and implicitly threatening all other users?” Butterfield said.

Persons: New York CNN — Elon Musk’s, Alex Jones ’ Infowars, Jones, Sandy Hook, Infowars, Elon, ” Jones, I’ve, ”, Toby Butterfield, X, that’s, Eric Goldman, ” Goldman, “ It’s, Elon Musk, ” Butterfield, Donald Trump Organizations: New, New York CNN, Systems, Columbia University’s Law, X, Santa Clara University School of Law, NPR Locations: New York, Sandy, Texas

☆ From Marc Andreessen to Sriram Krishnan, these are all the Silicon Valley leaders linked with Elon Musk's DOGE
▼ + stars: | 2024-11-29 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

AdvertisementDonald Trump has tapped Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency. The advisory group is aimed at reducing federal spending and cutting waste. Donald Trump has picked Elon Musk and businessman Vivek Ramaswamy to lead the Department of Government Efficiency, also known as DOGE — and they appear to be tapping into their network of Silicon Valley contacts to make it happen. Musk has already reportedly been consulting Silicon Valley leaders about the advisory group. These are the tech figures that have already been linked to DOGE.

Persons: Donald Trump, Elon Musk, Vivek Ramaswamy, DOGE, —, Dave Chappelle's, Musk Organizations: Department of Government, Trump

☆ Trump will decide the future of government money for healthcare plans. Letting it expire could save money, but the middle class might pay more.
▼ + stars: | 2024-11-29 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

Biden's enhanced ACA subsidies, which lowered premiums for the middle class, will expire in 2025. Biden's expansion increased the financial assistance for people already on ACA plans and lifted the income eligibility cap for those benefits. Related storiesHow ending ACA subsidies would impact Americans and government spendingEnding subsidies would be cheaper for the government and taxpayers. Some Republicans like Vice President-elect JD Vance have said they want to inject needed competition into the health insurance marketplace. Still, Young said letting the ACA subsidies expire will likely mean that healthcare will become more expensive for millions of people.

Persons: Donald Trump, Joe Biden's, Trump, —, Gary Young, Young, JD Vance, it's, KFF, Elon Musk, Vivek Ramaswamy, Robert F, Kennedy Jr, Mehmet Oz, Kennedy, Oz Organizations: Trump, White, Affordable, Medicaid, Republican, Biden, Congressional, Office, ACA, Northeastern University's Center for Health, Healthcare Research, Republicans, of Treasury, Children's Health Insurance, Centers for Disease Control, Social Security, GOP, of Government, Department of Health, Human Services, Centers, Medicare, Services, Forbes Locations: Federal

☆ Elon Musk and Sylvester Stallone attended Trump's Thanksgiving dinner that's all over social media
▼ + stars: | 2024-11-29 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

AdvertisementElon Musk and Donald Trump have been inseparable since the election and spent Thanksgiving together. Sylvester Stallone also attended, and Mark Zuckerberg visited Trump's resort on Wednesday. Elon Musk and Donald Trump have been inseparable since the latter's election victory — and the Tesla CEO was one of several celebrity guests for Thanksgiving at Mar-a-Lago. Elon Musk, Donald Trump, Barron and Melania blasting YMCA at Mar-a-Lago on Thanksgivingpic.twitter.com/elroKGQ9VA — ALX 🇺🇸 (@alx) November 29, 2024Musk isn't the only tech boss to be spending time at Mar-a-Lago this Thanksgiving. Meta CEO Mark Zuckerberg dined with Trump on Thanksgiving eve, the company told Business Insider in a statement.

Persons: Elon Musk, Donald Trump, Sylvester Stallone, Mark Zuckerberg, —, Tesla, Musk, 3wlYgdJus4 — Elon, Vivek Ramaswamy, Trump's, Melania, Barron Organizations: Trump, Mar, Department of Government Locations: Lago, Florida, Mar

☆ Elon Musk and Trump dance to ‘Y-M-C-A’ at Thanksgiving dinner
▼ + stars: | 2024-11-29 | by ( Daniel Lewis | Ellen Rittiner | ) edition.cnn.com time to read: 1 min

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☆ DOGE: How far could Elon Musk and Vivek Ramaswamy go to cut federal regulations?
▼ + stars: | 2024-11-28 | by ( Tami Luhby | ) edition.cnn.com time to read: +6 min

CNN —Elon Musk and Vivek Ramaswamy intend to lean on two recent Supreme Court rulings that they argue will make it easier to tear up a multitude of federal regulations. However, multiple legal and regulatory experts told CNN that Musk and Ramaswamy are misinterpreting the decisions, which could actually make it harder to overturn existing rules. Slashing needed workersWhat’s more, the endeavor would require a lot of assistance from agency staffers – the very workers that Musk and Ramaswamy have promised to cut. For instance, in a town hall on X last month, Musk repeatedly criticized government regulations, citing their interference with his companies. “It’s quite arduous getting regulatory approval,” Musk said while discussing his Neuralink startup that develops implantable brain-computer interfaces.

Persons: CNN — Elon Musk, Vivek Ramaswamy, Donald Trump, Raimondo, Ramaswamy, won’t, ”, James Broughel, hasn’t, ” Musk, Trump, Nicholas Bagley, “, Richard Pierce Jr, ” Broughel, ” Trump, Broughel, Biden, Joe Biden’s, Musk, ” CNN’s Tierney Sneed Organizations: CNN, Government, Environmental Protection Agency, Loper Bright Enterprises, Competitive Enterprise Institute, ’, Street, Congress, University of Michigan Law School, George Washington University, of Economic, Public Citizen, SpaceX Locations: West Virginia

☆ Sriram Krishnan is leaving Andreessen Horowitz and is reportedly in talks to join Elon Musk at DOGE
▼ + stars: | 2024-11-28 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

AdvertisementSriram Krishnan, a general partner at Andreessen Horowitz, is leaving the firm at the end of the year. Krishnan has discussed joining Elon Musk at the Department of Government Efficiency, reports say. Krishnan has supported Musk in the past and worked at various Big Tech companies. Sriram Krishnan, a general partner at Andreessen Horowitz, is leaving the firm and has had discussions with Elon Musk about joining the Department of Government Efficiency, reports say. Krishnan joined Andreessen Horowitz, also known as A16z, in 2021 and has worked as a crypto investor at the firm.

Persons: Sriram Krishnan, Andreessen Horowitz, Krishnan, Elon Musk, He's, What's, I've, he'd, Donald Trump's, Andreessen Horowitz didn't, Trump, Musk, Vivek Ramaswamy, Joe Lonsdale, Marc Andreessen, Bill Ackman, Travis Kalanick —, Steve Davis, Antonio Gracias, Shiba Organizations: Elon, Department of Government, Big Tech, Twitter, Meta, DOGE, Business, The Washington Post, The Boring Company

☆ Tech companies put on notice as Australia passes world-first social media ban for under-16s
▼ + stars: | 2024-11-28 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +6 min

Brisbane, Australia CNN —Australia’s parliament has passed a world-first law banning social media for children under 16, putting tech companies on notice to tighten security before a cut-off date that’s yet to be set. Under the new law, tech companies must take “reasonable steps” to prevent under-age users from accessing social media services or face fines of nearly 50 million Australian dollars ($32 million). “We know that social media can be a weapon for bullies, a platform for peer pressure, a driver of anxiety, a vehicle for scammers. The prime minister says he’s worried about social media. “We need to make social media safer for everybody.”A rushed processThe government has faced considerable criticism for the speed of the legislation.

Persons: Australia CNN —, Anthony Albanese, “ we’ve, ”, Albanese, Liberal Sen, Maria Kovacic, Greens Sen, Sarah Hanson, Young, he’s, ‘, TikTok, “, Bill, Elon Musk, YouGov, Dany Elachi, didn’t, won’t Organizations: Australia CNN, Facebook, Liberal Party, Liberal, Greens, Tech, Meta, Inc, Up Alliance Locations: Brisbane, Australia

☆ As many as one in 10 coders are 'ghost engineers,' Stanford researcher says, lurking online and doing no work
▼ + stars: | 2024-11-28 | by ( Katherine Long | ) www.businessinsider.com time to read: +5 min

His research, which hasn't been peer-reviewed, found that about 9.5% of coders were "ghost engineers.' AdvertisementMeasuring output is difficultDenisov-Blanch calls these workers "ghost engineers," defined as software engineers who are only 10% as productive or less than their median colleague. More remote workers were superstar codersMusk now aims to apply that same ruthless efficiency to the federal government. On one hand, he found that the prevalence of "ghost engineers" among remote workers was more than double that among in-person workers. But he also found that many more of the most effective engineers — employees whose performance was at least five times better than their median colleague — were working remotely.

Persons: hasn't, Yegor, Blanch, Paul Graham, Graham, Elon Musk, nobody's, coders Musk, Musk, — Organizations: Stanford, Business, Software, Twitter, CNN, of Government Locations: Silicon Valley

☆ Trump made unprecedented inroads in Silicon Valley this election
▼ + stars: | 2024-11-28 | by ( Rob Price | ) www.businessinsider.com time to read: +4 min

Silicon Valley, long considered a progressive stronghold, has begun to shift toward Donald Trump, according to new voting data analyzed by Business Insider. These numbers show that Trump and Republicans are still a long way off from gaining any real majorities in Silicon Valley. While Elon Musk is based in Texas these days, many of his companies, including Tesla, are still very active in Silicon Valley. Trump, with Musk in support, has promised to cut regulations, which could help Silicon Valley startups grow more quickly. The trend toward Trump in the Silicon Valley electorate mirrors statewide and national trends.

Persons: Donald Trump, Kamala Harris, Harris, Joe Biden, Hilary Clinton, Francisco county's, Trump, Democrat —, Mark Zuckerberg, Marc Andreessen, Ben Horowitz, Horowitz, Elon, Tesla, reelect Trump, JD Vance, Peter Thiel, Ben Narasin, we've, voteshare Organizations: GOP, Business, San, Apple, Google, Nvidia, State, Facebook, Meta, Republican, Trump, Democrat, Democratic, Venture, PayPal, Elon Locations: Santa Clara, San Mateo, San Francisco counties, Silicon, San Francisco Bay, California, San Francisco, San Mateo county, Silicon Valley, Texas, Atherton

☆ Leading Democrat who represents Silicon Valley encourages liberals to stay on X amid Bluesky exodus
▼ + stars: | 2024-11-28 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

AdvertisementA top Democrat urged fellow liberals to remain on Elon Musk's X platform. This month, millions of users have joined Bluesky, which bills itself as a liberal alternative to X.Khanna told Politico that his relationship with Elon Musk is an example of finding common ground. Rep. Ro Khanna, a leading progressive lawmaker representing the heart of Silicon Valley, said liberals shouldn't flee Elon Musk's X, instead urging his fellow Democrats to engage with those who share opposing beliefs. Khanna made the comments on an episode of Politico's Power Play podcast this week amid an exodus of liberal users from X to Bluesky. AdvertisementLast year, Khanna praised Musk as an entrepreneurial "genius" but criticized the Tesla CEO's controversial online behavior, including his posting of edgy memes.

Persons: Khanna, Politico, Elon Musk, Ro Khanna, shouldn't, Elon Musk's, Musk, Donald Trump, Vivek Ramaswamy, Trump Organizations: Elon, Politico, Fox News, CNN, Department of Government Locations: Silicon Valley, California, HASC

☆ Australia passed a law banning social media for kids under 16. Tech companies will need creative solutions to avoid $32 million fines.
▼ + stars: | 2024-11-28 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

AdvertisementAustralia's government approved a law that would ban social media for kids under 16. The law gives tech companies one year to figure out how to keep children under 16 from using their social platforms or risk up to $32 million in fines. Australia's new law specifically bars social media companies from asking for users' IDs in an effort to protect privacy rights. Snap Inc., which owns Snapchat, said "device-level age verification" was the best possible option to meet the requirements. "We know some kids will find workarounds, but we're sending a message to social media companies to clean up their act."

Persons: Australia's, Snapchat, Anthony Albanese, Julie Inman Grant, Elon Musk, Albanese Organizations: Meta, New York Times, Google, Inc Locations: Australia

☆ Elon Musk's hunger for chips is taxing Nvidia's capacity to make them: report
▼ + stars: | 2024-11-28 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

AdvertisementElon Musk's demand for Nvidia chips has put pressure on the company to deliver. Nvidia is feeling the pressure from trying to meet Elon Musk's insatiable demand for chips. Musk's demand for chips was straining the chip giant's supply chain, a sales lead for Nvidia told colleagues in an email obtained by The Wall Street Journal. In June, CNBC reported that Musk had redirected $500 million worth of Nvidia chips from Tesla to X and xAI. Then, in September, Musk announced that xAI had brought a massive new training cluster of Nvidia chips online.

Persons: Elon, Mark Zuckerberg, Meta, Zuckerberg, Musk, Tesla, xAI, Jensen Huang, Huang, Larry Ellison, Jensen, Ellison Organizations: Elon, Nvidia, Wall Street, CNBC, Oracle Locations: Memphis , Tennessee

A national CBS News/YouGov poll conducted last week found that 71% of people plan to avoid political discussions at Thanksgiving. Voss was among the dozens of people on social media who posted videos about how they are opting out of their family Thanksgiving plans. Van Bavel is director of NYU’s Social Identity and Morality Lab, which studies the dynamics of shared social identities. “There’s way more diversity among Republicans than most Democrats believe, and there’s way more diversity among most Democrats than most Republicans believe,” Van Bavel said. Jay Van Bavel, psychology professor at New York University“One of the biggest fears people have is being socially ostracized,” Van Bavel said.

Persons: Donald Trump, it’s, ”, Alexis Voss, Voss, she’s, “, …, Yale, Amanda Calhoun, MSNBC’s Joy Reid, I’m, ’, Jesse Watters, Elon Musk, Jay Van Bavel, Van Bavel, ” Van Bavel, ” Diana Rodriguez Wallach, Kamala Harris, Wallach, Jordan Williams, MAGA, Williams, Scott Walker, Walker, they’re Organizations: Trump, CBS, Fox News, New York University, Democratic, New York University “ One Locations: Ohio, Pennsylvania, Puerto Rican, California, United States

☆ Australia nears social media ban for children under 16 after heated debate
▼ + stars: | 2024-11-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

The planned law would force social media platforms to take reasonable steps to ensure age-verification protections are in place. The ban was first announced during an emotionally charged parliamentary inquiry into social media, which included testimony from parents of children who had self-harmed due to cyberbullying. “I understand that using social media a lot is not a good thing and I’m working on it,” said Sydney high school student Enie Lam, 16. Australian media, from the publicly owned Australian Broadcasting Corp. to Rupert Murdoch’s News Corp., also support the ban. Let’s try and reduce the incidents we’re hearing involved with social media and young people in Australia.”

Persons: Meta, Anthony Albanese’s, Albanese, “ Young, ”, Sen, Karen Grogan, ByteDance’s TikTok, Elon Musk’s X, Enie Lam, Rupert, “, Jenny Branch, Allen, Let’s Organizations: Australia —, Google, Facebook, Labor, Sydney, Senate, Greens, Human Rights Commission, Australian Broadcasting Corp, Rupert Murdoch’s News Corp, News Corp, country’s, Australian Parents Council Locations: SYDNEY, Australia, Australia — Australia

☆ Marc Andreessen talks DOGE and Elon Musk: 'It's time to carve this government back in size and scope'
▼ + stars: | 2024-11-27 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

AdvertisementMarc Andreessen discussed Elon Musk and the Department of Government Efficiency on Joe Rogan's podcast. Cut, baby, cut, Marc Andreessen says of Elon Musk's DOGE cost-reduction effort. "It is time to carve this government back in size and scope," the Silicon Valley investor said during a recent appearance on Joe Rogan's podcast. The VC specifically referenced a text exchange that Musk sent then-CEO Parag Agrawal shortly after being appointed to Twitter's board. "Imagine that statement being applied to the government," Andreessen said, referencing Musk's "What did you get done this week?"

Persons: Marc Andreessen, Elon Musk, Joe Rogan's, Elon, Andreessen, Andreessen Horowitz, Ben Horowitz, Sen, Elizabeth Warren, Rogan, Musk, Parag Agrawal, Agrawal, Jack Dorsey, … — Organizations: Department of, SEC, FTC, Elon Musk's, Musk's Department, Government, Securities Exchange Commission, Federal Trade Commission, Federal Aviation Administration, Consumer Financial Protection Bureau, Republican Party, Twitter, Big Tech Locations: Silicon

☆ SpaceX's Starlink satellites have a lot of scientists worried about Earth's atmosphere
▼ + stars: | 2024-11-27 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

Elon Musk, whose Starlink satellite constellation is the biggest, wields power in the new Trump administration. SpaceX's Starlink and other mega-constellations of satellites could damage the atmosphere in ways we don't yet understand, scientists say. About 100 scientists signed a letter in October asking the Federal Communications Commission, which regulates satellite launches in the US, to pause mega-constellations. A SpaceX Falcon 9 rocket carrying 56 Starlink internet satellites launches from Cape Canaveral, Florida. Without an environmental review, it's unclear what the impact of SpaceX's Starlink plans will be.

Persons: Elon Musk, Trump, SpaceX's Starlink, Putin, Elon, —, Jonathan McDowell, Musk, Donald J, Brandon Bell, Paul Hennessy, Joseph Wang, Michelle Hanlon, there's, Starlink Organizations: SpaceX, Research, Federal Communications Commission, Harvard, Getty, Geophysical Research, University of Southern, National Environmental, FCC, NEPA, Center for Air, Space, University of Mississippi School of Law, Trump, of Government, Federal Aviation, California Coastal Commission Locations: Russia, Cape Canaveral , Florida, University of Southern California, Texas, California

☆ Elon Musk just deepened his rivalry with Sam Altman
▼ + stars: | 2024-11-27 | by ( Alex Bitter | ) www.businessinsider.com time to read: +2 min

AdvertisementElon Musk's xAI is reportedly close to unveiling a chatbot app similar to OpenAI's ChatGPT. Elon Musk's xAI is reportedly planning an app that could expand its chatbot's reach to a much wider audience and take on ChatGPT. xAI could release the chatbot app as soon as December, The Wall Street Journal reported on Wednesday. The app, if it materializes, would be another sign that xAI and Musk are trying to take on ChatGPT-maker OpenAI. A chatbot app would be its first product offered directly to consumers.

Persons: xAI, OpenAI, Elon Musk's xAI, Sam Altman, Musk Organizations: Elon, Street Journal, Street, Business, Twitter, Financial Times

☆ In an F-35 funding fight, Musk will need to win over a skeptical Congress and Trump
▼ + stars: | 2024-11-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

AdvertisementElon Musk sharply criticized the F-35 stealth jet and its builder, Lockheed Martin. Musk could target the expensive program as part of his efforts to cut federal spending under Trump. Congress has historically valued the stealth fighter flown by three military branches despite its problems. His comments suggest he could be eyeing the $2 trillion F-35 program, and possibly other fighter jets, for potential spending cuts. In fact, the House's defense spending bill for the 2025 fiscal year called for more F-35s than what the Pentagon initially requested.

Persons: Lockheed Martin, Donald Trump, Elon, Musk, Trump, Elon Musk, ANGELA WEISS, Samuel King Jr, President Trump, Clawson, Michael Bohnert, Bohnert, Cmdr, Darin Russell, Stacy Pettyjohn Organizations: Elon, Trump . Congress, Pentagon, Congress, Getty, Trump, Department of Government, Department of Defense, Lockheed, US Air Force, Navy, Air Force, Marine Corps, RAND Corporation, US Navy, Defense, Center, New, New American Security Locations: New American

☆ Maye Musk welcomes Elon's bromance with Donald Trump and says they 'just seem to be having fun'
▼ + stars: | 2024-11-27 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Elon Musk and the president-elect are having "a lot of fun," she said. Maye Musk called her son "the genius of the world" and backed him to slash government waste. Elon Musk and Donald Trump are two of the world's wealthiest and most powerful men. Musk's mother, Maye, commented on their budding bromance in an interview on Fox Business this week: "They just seem to be having fun, a lot of fun, and that's nice for both of them to have fun." However, the negative comments are very… pic.twitter.com/lWLiG1mqfs — Maye Musk (@mayemusk) November 4, 2024Many mothers champion their children and sing their praises, and Maye is no exception.

Persons: Donald Trump, Elon Musk, Maye Musk, Musk, Maye, Elon, dietitian, she's Organizations: Fox, Elon, Trump, White House, Fox Business, SpaceX, Bloomberg, Trump's, USA Locations: America, New York, Lago, Florida, Texas

☆ Dell's AI business is booming, but shares plunged after it cut its revenue outlook
▼ + stars: | 2024-11-27 | by ( Polly Thompson | ) www.businessinsider.com time to read: +2 min

Revenues jumped 34% in Dell's ISG division, which includes the company's AI operations. But a lower-than-expected fourth quarter outlook drove Dell's shares down 12% in premarket trading. The biggest success story came from Dell's Infrastructure Solutions Group, which includes sales of AI servers, storage, and other network capabilities. Despite Dell's strong positioning in AI-related technologies, the company's shares were down as much as 12% in premarket trading after its final quarter revenue outlook fell below Wall Street expectations. Dell shipped $2.9 billion in AI servers during the quarter, and the company said that customers had booked $3.6 billion of future AI server orders.

Persons: Dell, Dell's, Jeff Clarke, Elon Musk's Organizations: Dell's Infrastructure Solutions Group, Analysts, CSG, Nvidia, Elon Locations: Dell's ISG, Texas

☆ Musk, Ramaswamy to discuss DOGE with GOP leaders on Capitol Hill Dec. 5
▼ + stars: | 2024-11-27 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +2 min

Elon Musk and Vivek Ramaswamy will visit Capitol Hill to discuss government reform with Republican congressional leaders Dec. 5, House Speaker Mike Johnson, R-La., announced Wednesday. Johnson said the entrepreneurs will "discuss major reform ideas to achieve regulatory rescissions, administrative reductions, and cost savings" with GOP lawmakers. President-elect Donald Trump has named Musk and Ramaswamy co-chairs of a new outside advisory commission they have dubbed the Department of Government Efficiency (DOGE). Next week's planned meeting is the latest indication that Republican leaders in Congress are taking Musk and Ramaswamy seriously. Yet even the best efforts of Republican leaders in Congress may not be enough to enact many of these ideas.

Persons: Donald Trump, Elon Musk, Vivek Ramaswamy, Mike Johnson, Johnson, Ramaswamy, Musk, Spokespeople Organizations: SpaceX, Capitol, Republican, GOP, Department of Government Efficiency, White, Office of Management, Congress, Corporation for Public Broadcasting, Consumer Financial Protection Bureau, Tesla Locations: Brownsville , Texas, U.S

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