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Business

Tesla chair sells shares worth more than $22 mln

According to a filing with the US Securities and Exchange Commission, Tesla Inc (TSLA.O) chair Robyn Denholm sold more than $22 million worth of stock after exercising stock options (SEC). Denholm sold 31,250 shares at weighted average prices ranging from $703 to $726.200 in transactions that took place on Aug. 2, according to the filing […]
News

‘Nigeria is not only the country begging Elon Musk’

Many Nigerians have taken to Twitter to criticize the Nigeria Ministry of Finance, Budget and National Planning for asking founder of the electronic automobile company, Tesla Inc., Elon Musk, for ventilators. @Tesla had tweeted: “We have extra FDA-approved ventilators. Will ship to hospitals worldwide within Tesla delivery regions. Device & shipping cost are free. Only
Business Tech

Microsoft set to invest $1bn in OpenAI

Ladesope Ladelokun with Agency Report Not less than $1 billion will be invested by Microsoft Corporation in a partnership with research group Open AI, gaining a cloud-computing customer from the artificial intelligence field. OpenAI is expected to use Microsoft Azure cloud services to train and run the group’s AI software. The two will also jointly […]