Author: Sarah Collins

BusinessTechnology

Tesla Shareholders Face Critical Vote on Musk’s $1 Trillion Compensation Package Amid ISS Opposition

Tesla’s board faces mounting pressure as proxy adviser ISS recommends shareholders vote against Elon Musk’s record $1 trillion compensation plan. The recommendation comes ahead of a crucial November 6 shareholder meeting where the controversial package will be decided.

Major Proxy Adviser Opposes Musk’s Compensation Plan

Tesla’s proposed $1 trillion compensation package for CEO Elon Musk is facing significant opposition from influential proxy adviser Institutional Shareholder Services, according to recent reports. Sources indicate this marks the second consecutive year that ISS has urged investors to reject a compensation plan for Musk, creating substantial pressure ahead of Tesla’s November 6 shareholder meeting.

by Sarah Collins
ComputingTechnology

AMD and Intel Forge Unprecedented Alliance on Open Firmware Standard to Streamline Silicon Integration

In a rare industry collaboration, AMD and Intel are jointly backing the Open Silicon Firmware Interface (openSFI) specification. The initiative aims to establish a common standard for how firmware interacts with silicon components across different vendors. Industry analysts suggest this could significantly reduce engineering costs and improve sustainability in hardware development.

Breaking Down Industry Barriers

In an unexpected partnership, semiconductor rivals AMD and Intel are reportedly collaborating on the Open Silicon Firmware Interface (openSFI), according to industry reports. Sources indicate this specification aims to create a common, architecture-neutral interface that allows host firmware to interact seamlessly with silicon initialization firmware across different vendor platforms.

by Sarah Collins
AutomationLogistics

Autonomous Vehicle Startup Glīd Aims to Transform Short-Distance Logistics With Dual-Mode Platform

A California startup is pioneering a new approach to intermodal logistics with autonomous vehicles that can operate on both roads and railways. Glīd Tech’s platform aims to address critical bottlenecks in short-distance transportation while reducing operating costs by more than 50% compared to conventional methods.

Revolutionizing Intermodal Logistics

California-based startup Glīd Tech is reportedly developing a universal platform that enables frictionless transitions between rail and road transportation, according to industry reports. The company, founded in 2021 by CEO Kevin Damoa, aims to address longstanding inefficiencies in logistics operations, particularly for short-distance and small-batch shipments.

by Sarah Collins