Author: Grace Johnson

Tesla shareholders have approved an unprecedented pay deal for Elon Musk that could be worth nearly $1 trillion. The vote passed with 75% support at the company’s annual meeting on Thursday, followed by loud cheers from the crowd. Musk, already the world’s richest person, must massively increase Tesla’s market value over the next decade to claim the full payout. If he meets all targets, he will receive hundreds of millions of new Tesla shares. Critics have condemned the scale of the reward, but Tesla’s board warned that Musk might leave without it. They insisted that the company cannot risk losing…

President Donald Trump’s aggressive use of tariffs faced strong resistance at the Supreme Court on Wednesday in a case that could reshape the limits of presidential power and impact the global economy. Several conservative justices challenged the administration’s reasoning behind import duties that Trump claimed were needed to rebuild U.S. manufacturing and fix trade imbalances. A coalition of states and small businesses has sued the administration, arguing that Trump exceeded his authority by imposing what they describe as a form of tax. The Supreme Court, with its 6–3 conservative majority, often takes months to issue rulings. But many expect a…

Before Tesla’s annual general meeting on Thursday, the electric carmaker is delivering one powerful message to investors: Elon Musk is worth $1 trillion. The company has launched digital ads defending his record-breaking pay package. On Votetesla.com, a promotional video shows board chair Robyn Denholm and director Kathleen Wilson-Thompson praising him while triumphant music swells. Yet not all shareholders seem ready to agree. The meeting in Austin, Texas, is shaping up as a test of loyalty to Musk himself, whose outspoken politics and erratic public image have made him one of the most divisive executives of the modern era. Musk has…

OpenAI has signed a $38 billion (£29 billion) agreement with Amazon to use its powerful cloud computing infrastructure. The deal strengthens the ChatGPT maker’s access to the resources needed to train advanced artificial intelligence systems and marks another major step in its global expansion. OpenAI builds trillion-dollar web of tech partners In 2025, OpenAI secured partnerships worth more than $1 trillion with Oracle, Broadcom, AMD and Nvidia. The new agreement with Amazon reduces its dependence on Microsoft and broadens its access to cutting-edge chips and cloud technology. The seven-year contract gives OpenAI access to Nvidia’s high-performance processors through Amazon Web…

Donald Trump has rejected the idea that the United States is heading for war with Venezuela, yet hinted that Nicolás Maduro’s rule may soon end. Speaking to CBS’ 60 Minutes, Trump said: “I doubt it. I don’t think so. But they’ve been treating us very badly.” Washington expands anti-smuggling strikes in the Caribbean Trump’s comments come as the US intensifies operations against suspected drug-smuggling boats in the Caribbean. The administration insists the missions aim to curb the flow of narcotics into the United States. Critics argue the campaign is meant to destabilize Maduro’s government. Trump dismissed that claim, saying the…

German politician Friedrich Merz recently visited Turkey, a move experts describe as opening a “new chapter” in German-Turkish relations. The visit is seen as a step toward strengthening diplomatic ties and enhancing cooperation between the two nations. Analysts note that closer collaboration could support economic partnerships, boost trade, and improve regional security. Germany and Turkey have historically maintained complex relations, and renewed engagement may stabilize long-term bilateral interactions. Merz’s visit focused on discussions around investment opportunities, joint infrastructure projects, and diplomatic initiatives. Observers say these talks signal a willingness on both sides to prioritize practical solutions and shared interests. Stronger…

Liverpool’s famous roar returned to Anfield after weeks of frustration. Manager Arne Slot credited the fans for helping his team rediscover their fighting spirit. The Dutchman had been under mounting pressure following six defeats in seven games across all competitions. But his side answered with a convincing 2-0 victory over Aston Villa. Goals from Mohamed Salah and Ryan Gravenberch ended a four-match Premier League losing streak and reignited belief among the supporters. The win lifted Liverpool back to third place and brought energy and confidence back to Anfield. Anfield Faithful Stand by Slot Even at 0-0, the Kop stood behind…

South Korea becomes a key hub for artificial intelligence Nvidia will deliver more than 260,000 of its most advanced AI chips to South Korea’s government and major firms including Samsung, LG, and Hyundai. The chips will power factories producing semiconductors, robots, and self-driving cars. Chief executive Jensen Huang said this marks a new chapter where South Korea can “export intelligence as a new product.” He did not reveal the total value of the agreements. The announcement crowns a record-breaking week for Nvidia. On Wednesday, it became the first company in history to reach a $5 trillion valuation. A day later,…

US President Donald Trump and Chinese leader Xi Jinping met for the first time in six years, sparking cautious optimism about a possible easing of economic tensions. Trump called the meeting in South Korea “amazing,” while Beijing said both sides had reached a consensus to resolve “major trade issues.” Relations had grown strained since Trump imposed sweeping tariffs on Chinese goods, leading to immediate retaliation from Beijing. A brief truce in May did little to calm the situation. Thursday’s talks ended without a formal trade deal, but both governments signaled real movement toward an agreement. Negotiations behind the scenes have…

The United States and Malaysia have finalized a reciprocal trade agreement aimed at boosting economic cooperation and expanding U.S. trade diplomacy in Asia. The deal is expected to create new opportunities for businesses and strengthen bilateral relations between the two nations. Under the agreement, both countries have agreed to reduce trade barriers, improve market access, and facilitate smoother export and import processes. U.S. companies may now find it easier to export goods to Malaysia, while Malaysian businesses can access American markets with fewer restrictions. Officials say the agreement reflects a broader U.S. strategy to enhance economic ties in the Asia-Pacific…