New Delhi, May 5 (IANS) Billionaire entrepreneur Elon Musk has agreed to pay $1.5 million to settle a case with the US Securities and Exchange Commission (SEC) over delayed disclosure of his stake in Twitter (now known as X), according to multiple reports.The settlement which is subject to court approval, will be paid by the Elon Musk Revocable Trust, which the SEC added as a defendant in the case, the regulator said.The regulator has alleged that the trust failed to timely disclose beneficial o…
Latest Greg Brockman News & Updates
New Delhi, April 25 (IANS) Elon Musk, CEO of Tesla, has reportedly withdrawn fraud claims against OpenAI and its co-founders Sam Altman and Greg Brockman, narrowing the scope of his lawsuit on the eve of trial.As per reports, Yvonne Gonzalez Rogers, a US court judge, has allowed Musk to streamline the case, leaving just two claims, unjust enrichment and breach of charitable trust, out of the 26 included in his November 2024 complaint.Jury selection is scheduled to begin on Monday in a federal co…
New Delhi, April 8 (IANS) Elon Musk — who was a co-founder of OpenAI — has sought the removal of current CEO Sam Altman and President Greg Brockman as part of his legal challenge to the Artificial Intelligence firm’s shift to a for-profit structure, according to reports.In a court filing on Tuesday, Musk said his lawsuit aims to reverse OpenAI’s restructuring and restore its status as a non-profit research organisation, they said.He also requested that any damages awarded in the case be di…
Washington, Jan 3 (IANS) Indian-American Silicon Valley investor Asha Jadeja Motwani has emerged as one of the largest diaspora contributors in the current US election cycle, donating more than $5 million to the pro-Trump super PAC MAGA Inc., according to federal campaign finance filings.The filings, which list contributors of $100,000 or more, show Jadeja reported a $5 million contribution from California in November 2025, placing her among a small group of ultra-wealthy donors backing the poli…