Category: Technology

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
BusinessTechnology

Scale AI Settles Worker Misclassification Lawsuits in California, Shifts Hiring Practices

Scale AI has reportedly agreed to settle multiple lawsuits filed by former California contractors who alleged misclassification and underpayment. The company has since stopped hiring California-based gig workers as it faces additional legal challenges and regulatory scrutiny.

Scale AI Reaches Settlement in Contractor Lawsuits

Scale AI has agreed to settle four lawsuits filed by former workers in California who alleged they were illegally classified as contractors rather than employees, according to court documents filed this week. The San Francisco-based company, which specializes in artificial intelligence training data, reportedly reached settlements with all plaintiffs across the multiple cases, though specific terms remain undisclosed pending judicial approval.

by Sarah Collins