Author: MNK News

Tesla’s shareholders have voted in favor of a compensation plan that could see CEO Elon Musk become the world’s first trillionaire. The potential incentives were laid out in September, and the company’s shareholders have agreed to allow this all-or-nothing package for its chief exec, who spent the first half of this year decimating the US federal government rather than working on any Tesla-adjacent projects.The compensation plan lists several targets that the company must reach for Musk to reap the vast rewards. Tesla must reach a market value of $8.5 trillion, compared with its current worth of about $1.4 billion. Other…

Google has warned that several new malware families now use large language models during execution to modify or generate code, marking a new phase in how state-linked and criminal actors are deploying artificial intelligence in live operations.In a report released this week, the Google Threat Intelligence Group said it has tracked at least five distinct strains of AI-enabled malware, some of which have already been used in ongoing and active attacks.The newly-identified malware families “dynamically generate malicious scripts, obfuscate their own code to evade detection,” while also making use of AI models “to create malicious functions on demand,” instead of…

Tesla shareholders have voted in favor of CEO Elon Musk’s $1 trillion pay package, with the company announcing this afternoon that the proposal received 75 percent support among voting shares at its annual shareholders meeting in Austin, Texas. CNBC reports that Tesla shareholders have given their stamp of approval to CEO Elon Musk’s unprecedented pay plan, which could potentially be worth close to $1 trillion. The electric vehicle manufacturer revealed that the proposal garnered the support of 75 percent of the voting shares during the company’s annual shareholders meeting held in Austin, Texas. The pay package, introduced by the Tesla board…

The Wall Street Journal reported today that Ford may be on the verge of sunsetting the F-150 Lightning truck. The model is an electric pick-up truck, and the best-selling one in the US, but the publication cited Ford execs who said the company would consider halting production completely on the F-150 Lightning. We’ve reached out to Ford for comment and will update if we receive a statement.The auto brand said it would cut back on production last January due to slowing demand for the vehicles. At the time, Ford shuffled several of the workers who had been building the F-150…

WASHINGTON (AP) — The Supreme Court on Thursday allowed President Donald Trump’s administration to enforce a policy blocking transgender and nonbinary people from choosing passport sex markers that align with their gender identity. The decision is Trump’s latest win on the court’s emergency docket, and allows the administration to enforce the policy while a lawsuit over it plays out. It halts a lower-court order requiring the government to keep letting people choose male, female or X on their passport to line up with their gender identity on new or renewed passports. The court’s three liberal justices dissented. The high court…

Following a stormy week that erased over $1 trillion in crypto market capitalization, signs of recovery are emerging, with  the XRP price leading the way. While Bitcoin struggled to hold the $104,000 mark and Ethereum remained under pressure near $3,400, the XRP price rallied nearly 5% to trade around $2.31, outpacing both majors. Related Reading: Galaxy Digital Slashes Bitcoin EOY Price Target To $120,000 Analysts attribute this strength to robust fundamentals, including Ripple’s strategic partnership with Mastercard and renewed institutional interest following a $500 million investment round. The Mastercard collaboration marks one of the first instances of a U.S.-regulated bank…

Fans will have to wait a bit longer to return to Vice City. Rockstar Games has announced that Grand Theft Auto VI has been delayed once again to November 19, 2026. The open world game was previously delayed from its 2025 launch window to May 26, 2026 earlier this year.“We are sorry for adding additional time to what we realize has been a long wait, but these extra months will allow us to finish the game with the level of polish you have come to expect and deserve,” Rockstar said on its official X account. The new launch date delays…

Bitcoin is once again at a pivotal moment after briefly dipping below the $100,000 level on Tuesday, testing one of the most important psychological and structural supports of the cycle. The market remains tense as bulls attempt to defend this zone amid rising volatility and persistent selling pressure. Momentum has clearly slowed, and traders are now looking for signs of stabilization as the next directional move takes shape. Related Reading According to top analyst Darkfost, a major shift is unfolding beneath the surface — Bitcoin’s open interest across major centralized exchanges continues to struggle to recover. Since the mass liquidation…

The luxury club operator is fast-tracking its new reformer-based group fitness workout to 60 locations by the end of 2026 From pilot to Pilates, Life Time’s CTR (Core. Tone. Reform.) class has evolved from a test concept into one of its most sought-after offerings, with many clubs enforcing waitlists, daily class limits and no-show fees due to high demand. First introduced this summer at select clubs, including New York’s Penn 1 and One Wall Street, the high-energy, athletic reformer workout is now going national, expanding from 10 Life Time locations to 18 more by year’s end. Among the clubs slated…

Square Enix is laying off developers in the UK and US as it reworks its game development structure to focus on its studios in Japan, Video Games Chronicle reports. The mass restructuring follows the publishers’ 2024 announcement that it planned to “aggressively” apply AI to its development process.The total number of employees being laid off isn’t yet public, but Video Games Chronicle writes that over 100 developers in the UK could be impacted, possibly up to 140. The number of US developers caught in the layoffs is still unknown. In a slide deck for investors spotted by IGN, Square Enix…