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A TikTok Alternative Hits 380K Users After U.S. Deal Drama - Professional coverage
PrivacySoftwareStartups

A TikTok Alternative Hits 380K Users After U.S. Deal Drama

According to TechCrunch, the TikTok alternative Skylight has soared to over 380,000 users following a surge in signups over the…

Leidos Bets $2.4 Billion on the Power Grid Boom - Professional coverage
DataSoftwareTechnology

Leidos Bets $2.4 Billion on the Power Grid Boom

According to Manufacturing.net, defense and technology contractor Leidos has signed a deal to acquire engineering firm ENTRUST Solutions Group for…

Google Cloud gaming boss says AI is your Iron Man suit - Professional coverage
AIInnovationSoftware

Google Cloud gaming boss says AI is your Iron Man suit

According to TechSpot, Jack Buser, the global director for games at Google Cloud, is pushing the narrative that AI tools…

BusinessGovernance

Proxy Advisor ISS Urges Tesla Investors to Reject Musk’s Massive Compensation Package

Leading proxy advisor ISS has recommended Tesla investors reject CEO Elon Musk’s proposed compensation package that could grant him up to $1 trillion in additional stock. The advisory firm cited concerns about the award’s “astronomical” size and design despite acknowledging the ambitious performance targets.

Proxy Advisor Opposes Musk’s Compensation Plan

Institutional Shareholder Services (ISS), one of the most influential proxy voting advisory firms, has recommended that Tesla investors vote against a compensation package for CEO Elon Musk that could reportedly be worth nearly $1 trillion, according to analysis published Friday. The recommendation comes ahead of Tesla’s scheduled November 5 annual shareholder meeting and proxy vote.

BusinessLegal

Scale AI Settles Worker Misclassification Lawsuits in California, Shifts Hiring Practices

Scale AI has reportedly agreed to settle multiple lawsuits from California contractors who alleged they were misclassified and underpaid. The company has since stopped hiring California gig workers as it faces additional legal challenges and regulatory scrutiny.

Scale AI Reaches Settlement in Contractor Lawsuits

Scale AI has agreed to settle four lawsuits filed by former California-based workers who alleged they were illegally classified as contractors rather than employees, according to court documents reviewed by Business Insider. The San Francisco-based company, which plays a crucial role in training artificial intelligence models, reportedly reached settlements with all plaintiffs across the four cases, though specific terms remain undisclosed pending judicial approval.

EnergyInnovation

Private Investment Surges Past $9 Billion in Nuclear Fusion Race

Private investment in nuclear fusion technology has approached $10 billion as companies race to commercialize the elusive power source. Multiple startups now claim they could supply fusion power to grids within the coming decade, though significant scientific hurdles remain.

Fusion Energy Attracts Massive Private Investment

Private investment in nuclear fusion technology has reportedly surged toward the $10 billion mark over the past five years, according to industry analysis. Sources indicate this unprecedented funding wave comes from venture capital firms, deep-tech investors, energy corporations, and sovereign governments, with the majority concentrated in the United States though activity is reportedly increasing in China and Europe as well.