Elon Musk in line for $1 trillion pay package if Tesla hits aggressive goals over next 10 years
Tesla is looking for its investors to approve a proposed compensation package for CEO Elon Musk …
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Elon Musk in line for $1 trillion pay package if Tesla hits aggressive goals over next 10 years
Tesla is looking for its investors to approve a proposed compensation package for CEO Elon Musk that could be worth almost $1 trillion and is based on the electric vehicle maker hitting certain milestones over the next decade.The company, which is also leaning heavily into robotics and AI, said in a regulatory filing on Friday that the package includes a dozen share tranches that will be given to Musk if it hits certain targets over the 10-year period. To achieve the initial amount in the compensation plan, Tesla would need to hit a market cap of $2 trillion and reaching 20 million vehicles in production and deliveries.
Warner Bros. sues Midjourney for AI-generated images of Superman, Bugs Bunny and other characters
Warner Bros. is suing the AI company Midjourney for copyright infringement. The lawsuit claims Midjourney allows users to create AI-generated images and videos of copyrighted characters like Superman and Bugs Bunny. This is the third lawsuit against Midjourney by a major Hollywood studio, following Disney and Universal's joint lawsuit in June. The lawsuit alleges Midjourney trained its AI on illegal copies of Warner Bros. works and misleads users into thinking the generated content is authorized. Midjourney has not responded to the lawsuit. The company's CEO previously compared the service to a search engine, suggesting AI learning is similar to human creativity.
American Eagle counts new customers after Sydney Sweeney ad frenzy and shares soar
Shares of American Eagle Outfitters spiked 34% Thursday after the teen clothing retailer said the frenzy surrounding its Sydney Sweeney ad campaign drew new customers during its most recent quarter. American Eagle rolled out its new new ad campaign starring 27-year-old actor over the summer. The fall denim campaign sparked a debate about race, Western beauty standards, and the backlash to “woke” American politics and culture. Negative reactions centered on ads that used the word “genes” instead of “jeans” when the blonde-haired, blue-eyed actor known for the HBO series “Euphoria” and “White Lotus.”
Young man and the sea: Teen fishing off New England coast catches huge halibut bigger than him
HAMPTON, N.H. (AP) — A New Hampshire teenager on a deep sea fishing trip may have set a world record by reeling in a fish that weighs more than himself. Thirteen-year-old Jackson Denio caught a 177-pound halibut. He was out fishing early Monday when he decided to try to catch a shark. About 100 miles off the New England coast on Cashes Ledge, Denio dropped his line to the bottom. Within minutes, he knew he snagged something big. He fought the fish for the next 35 minutes, managing to bring the halibut to the surface. Video showed Denio gingerly moving the fish along the boat as his fellow passengers and the crew cheered him on.
Powerball jackpot jumps to $1.7 billion after another night without a big winner
DES MOINES, Iowa (AP) — The Powerball jackpot has jumped to an eye-popping $1.7 billion after yet another drawing passed without a big winner. The numbers selected Wednesday were: 3, 16, 29, 61 and 69, with the Powerball number being 22. Since May 31, there have been 41 straight drawings without a big winner. The next drawing will be Saturday night, with the prize expected to be the third-largest in U.S. lottery history. The prize amount is for a winner who chooses payment over 29 years through an annuity. A winner who opts for cash would receive an estimated $770.3 million. Powerball tickets cost $2, and the game is offered in 45 states plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
Al Roker lends his voice and meteorology skills to the new PBS Kids animated show 'Weather Hunters'
NEW YORK (AP) — Al Roker has launched his own educational cartoon TV show called “Weather Hunters” on PBS Kids. The show features Roker as a younger version of himself, Al Hunter, a TV meteorologist. The series aims to teach kids about weather phenomena through fun and engaging episodes. The first episode explores wind, while the second introduces a solar-powered van. Roker emphasizes giving kids tools to explore and understand weather. The series includes interactive games and features voices from Sheryl Lee Ralph, LeVar Burton, and more. Roker hopes the show inspires curiosity and learning in children aged 5 to 8.
NBA says it will open investigation into report that Clippers broke cap rules with Leonard deal
LOS ANGELES (AP) — The NBA says it will investigate if a $28 million endorsement contract between Kawhi Leonard and a California-based sustainability services company allowed the Los Angeles Clippers to circumvent league salary cap rules, following a report by journalist Pablo Torre. The probe will focus on ties between Leonard, the Clippers and a company called Aspiration Fund Adviser, LLC, which filed for bankruptcy this year. It listed several creditors at that time, among them the Clippers (who were owed about $30 million) and a company called KL2 Aspire LLC that was owed $7 million. Leonard is listed as the manager of that company in California filings.
Judge allows advanced DNA evidence in Gilgo Beach serial killing trial
RIVERHEAD, N.Y. (AP) — A New York judge has allowed DNA evidence obtained through advanced techniques into the forthcoming murder trial of the man accused of being Long Island’s Gilgo Beach serial killer. A New York State Supreme Court justice handed down his decision Wednesday in the case against Rex Heuermann in Riverhead court. The 61-year-old Manhattan architect was arrested more than two years ago and has been charged in the deaths of seven women in a series of killings that prosecutors say spanned decades. Most of the women's remains were discovered along an isolated parkway not far from Gilgo Beach and Heuermann’s home in Massapequa.
C-SPAN announces deal for its service to be carried on YouTube TV, Hulu
NEW YORK (AP) — C-SPAN's three public affairs networks will be carried beginning this fall on YouTube TV and Hulu's live television package, according to a deal announced on Wednesday. Cord-cutting has reduced the number of homes with access to the networks that have traditionally been carried on all cable and satellite systems. But the new streaming services with live TV packages hadn't been carrying C-SPAN. Representatives in Congress who provide much of the Washington-based network's programming passed a resolution urging parent companies Alphabet and Disney to include C-SPAN on their services. C-SPAN says the companies would pay the same fee charged to cable and satellite companies, roughly 87 cents per subscriber each year.
Andy Richter, Hilaria Baldwin, Corey Feldman and Jordan Chiles join 'Dancing with the Stars' cast
NEW YORK (AP) — Corey Feldman, Hilaria Baldwin, Danielle Fishel and Jordan Chiles are set to compete on the new season of “Dancing with the Stars.” They were announced Wednesday on “Good Morning America.” The season premieres September 16 on ABC and Disney+. Baldwin, a fitness enthusiast, will dance with Gleb Savchenko. Feldman will pair with Jenna Johnson. Fishel, known for “Boy Meets World,” will partner with Pasha Pashkov. Elaine Hendrix, Baron Davis, Dylan Efron, Scott Hoying, Lauren Jauregui and Andy Richter are also joining. Previously announced contestants include Alix Earle, Robert Irwin, Whitney Leavitt, and Jen Affleck.