{"id":810875,"date":"2024-12-08T10:42:33","date_gmt":"2024-12-08T16:42:33","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2024\/12\/08\/intel-ousts-its-ceo-mark-zuckerberg-eyes-trump-and-elon-musk-loses-again-tech-news-roundup\/"},"modified":"2024-12-08T10:42:33","modified_gmt":"2024-12-08T16:42:33","slug":"intel-ousts-its-ceo-mark-zuckerberg-eyes-trump-and-elon-musk-loses-again-tech-news-roundup","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2024\/12\/08\/intel-ousts-its-ceo-mark-zuckerberg-eyes-trump-and-elon-musk-loses-again-tech-news-roundup\/","title":{"rendered":"Intel ousts its CEO, Mark Zuckerberg eyes Trump, and Elon Musk loses again: Tech news roundup"},"content":{"rendered":"
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Photo: Samiel Corum (Getty Images), Allison Robbert\/AFP\/Bloomberg (Getty Images), Chesnot (Getty Images), Odd Andersen (Getty Images), David Paul Morris\/Bloomberg (Getty Images), Xiaolu Chu\/UNI FILM \/ Contributor (Getty Images), Cheng Xin (Getty Images), AFP Photo\/SpaceX\/Polaris (Getty Images), Eugene Gologursky (Getty Images), Silas Stein\/picture alliance (Getty Images)<\/figcaption><\/p>\n<\/div>\n

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Elon Musk\u2019s SpaceX is eyeing a tender offer that would value the aerospace company at $350 billion<\/p>\n

Bloomberg, citing unnamed sources familiar with the discussions, reports<\/a><\/span> that discussions are still ongoing and things could change. But such a valuation would mark a roughly $100 billion jump<\/a><\/span> from a potential valuation reported last month. It also represents massive increase from SpaceX\u2019s $210 billion valuation in a tender offer earlier this year. <\/p>\n

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Two years after Elon Musk bought Twitter for tens of billions of dollars, the value of the social media platform might be on the up and up again.<\/p>\n

Fidelity has raised the value<\/a><\/span> of its stake in the company, now known as X, by 32.37% in October, Axios reports \u2014 the largest monthly hike since October 2022. Despite the increase, Fidelity still believes X is worth 72% less the $44 billion Musk paid for it. <\/p>\n

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Tesla CEO Elon Musk<\/figcaption>
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Tesla (TSLA<\/a><\/span>) is ready to appeal a Delaware judge\u2019s decision to \u2014 again \u2014 reject<\/a><\/span> CEO Elon Musk\u2019s $56 billion pay package despite shareholder support.<\/p>\n

Musk\u2019s compensation was first approved by investors in 2018 before a shareholder lawsuit led to Delaware Chancery Court judge Kathleen McCormick voiding the package in January. Shareholders reapproved the package in June, which the judge at the time said<\/a><\/span> \u201csignificantly impacts\u201d her prior ruling. <\/p>\n

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Pat Gelsinger.<\/figcaption>
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Intel (INTC<\/a><\/span>) announced Monday that chief executive officer Pat Gelsinger is retiring from the company and has stepped down from its board of directors. <\/p>\n

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Photo: David Paul Morris\/Bloomberg (Getty Images)<\/figcaption><\/p>\n<\/div>\n

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With Tesla (TSLA<\/a><\/span>) and SpaceX chief executive Elon Musk solidifying his role<\/a><\/span> in the incoming Donald Trump administration, another tech leader is looking to stay in the president-elect\u2019s good graces. <\/p>\n

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Photo: Xiaolu Chu\/UNI FILM \/ Contributor (Getty Images)<\/figcaption><\/p>\n<\/div>\n

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A current Apple (AAPL<\/a><\/span>) employee is suing the company for illegally limiting worker freedoms through its required intellectual property agreement.<\/p>\n

The lawsuit<\/a><\/span>, filed Monday in California Superior Court in Santa Clara County by Amar Bhakta, a digital ad tech and operations manager at Apple, alleges that the company\u2019s policies, including requiring workers to use iPhones for work and preventing them from discussing wages, are a suppression of employee speech and privacy rights in violation of state law. <\/p>\n

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Billionaire Jared Isaacman earlier this year became the first billionaire to walk in space as part of SpaceX\u2019s Polaris Dawn mission.<\/figcaption>
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President-elect Donald Trump has tapped the first billionaire to walk in space and become the next administrator of NASA. <\/p>\n

Jared Isaacman<\/a><\/span>, who founded the payments company Shift4 (FOUR<\/a><\/span>) and defense firm Draken International, conducted the spacewalk as part of a mission carried out in September by Elon Musk\u2019s SpaceX. Isaacman served as mission commander of SpaceX\u2019s Polaris Dawn mission<\/a><\/span>, which broke altitude records and marked the farthest any human has journeyed since NASA ended the Apollo Program in the 1970s. <\/p>\n

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Jeff Bezos at The New York Times\u2019 DealBook Summit on Dec. 4.<\/figcaption>
Photo: Eugene Gologursky (Getty Images)<\/figcaption><\/p>\n<\/div>\n

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Amazon (AMZN<\/a><\/span>) founder Jeff Bezos said his space venture may not be a good business today, but that doesn\u2019t mean it won\u2019t be one tomorrow.<\/p>\n

Blue Origin \u201cis not a very good business yet,\u201d Bezos said Wednesday at The New York Times (NYT<\/a><\/span>)\u2019 DealBook Summit. But the world\u2019s second-wealthiest person is hopeful about the space exploration company\u2019s potential, going so far as to say it could be bigger than his e-commerce giant. <\/p>\n

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\n Qiana Motsinger<\/p>\n","protected":false},"excerpt":{"rendered":"

Photo: Samiel Corum (Getty Images), Allison Robbert\/AFP\/Bloomberg (Getty Images), Chesnot (Getty Images), Odd Andersen (Getty Images), David Paul Morris\/Bloomberg (Getty Images), Xiaolu Chu\/UNI FILM \/ Contributor (Getty Images), Cheng Xin (Getty Images), AFP Photo\/SpaceX\/Polaris (Getty Images), Eugene Gologursky (Getty Images), Silas Stein\/picture alliance (Getty Images) Photo: Samiel Corum (Getty Images) Elon Musk\u2019s SpaceX is eyeing<\/p>\n","protected":false},"author":1,"featured_media":810876,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2965,27585],"tags":[],"class_list":{"0":"post-810875","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-intel","8":"category-ousts"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/810875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=810875"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/810875\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/810876"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=810875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=810875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=810875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}