Tag: billionaires

Jury Sides Against Musk in OpenAI Lawsuit

A federal jury in Oakland, California, went against Elon Musk Monday in a case he brought against OpenAI, alleging the company’s leadership “stole a charity” when they converted it into a for-profit entity.

Through his lawsuit, Musk, who co-founded OpenAI in 2015, sought the removal of Sam Altman as CEO and company president Greg Brockman from their leadership roles, according to The Wall Street Journal.

Musk also wanted an “unwinding of the company’s recent conversion to a more traditional governance structure and damages worth more than $180 billion to be paid into an OpenAI foundation,” the news outlet added.

The jury found all of Musk’s claims fell outside the statute of limitations.

Fox Business reported that Musk left OpenAI in 2018 when he was unable to persuade the company’s leadership to merge with Tesla. OpenAI is the company behind ChatGPT.

“In his lawsuit, Musk accused OpenAI of violating its founding mission as a nonprofit to develop AI for the benefit of humanity when the startup created a for-profit entity in 2019,” Fox Business said.

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X Agrees to Review Illegal “Hate” Within 48 Hours Under UK Online Safety Act

X has agreed to process the vast majority of content flagged as illegal “hate” under the UK’s Online Safety Act within 48 hours, giving Ofcom, Britain’s speech regulator, a significant new enforcement win.

The platform committed to “review and assess UK suspected illegal terrorist and “hate” content reported through its dedicated UK illegal content reporting tool on average within 24 hours of it being reported, to be calculated as a mean” and to “review and assess at least 85% of UK suspected illegal terrorist and hate content reported through its dedicated UK illegal content reporting tool within a maximum of 48 hours.”

The deal is a notable reversal for a platform that, less than a year ago, publicly accused Ofcom of taking a “heavy-handed approach” and warned that the Online Safety Act was “seriously infringing” on free expression.

X’s August 2025 statement, titled “What Happens When Oversight Becomes Overreach,” called out regulators by name and argued that the law amounted to a “conscientious decision to increase censorship in the name of ‘online safety.’” That language is gone now. What’s left is a compliance agreement with specific performance targets and a 12-month reporting obligation.

The commitments go beyond speed of review. X also agreed to block access to accounts in the UK if they are reported for “posting UK illegal terrorist content” and deemed to be “operated by or on behalf of a terrorist organisation proscribed in the UK.”

The platform will share quarterly performance data with Ofcom so the regulator can audit compliance. And following complaints from organizations that couldn’t tell whether X had received or acted on their reports, X agreed to “engage with experts regarding reporting systems for illegal hate and terror content.”

Who those experts are tells you something about the direction of travel. Ofcom’s own press release names the Center for Countering Digital Hate (CCDH) as one of the organizations it worked with to “gather evidence about suspected illegal terrorist content and illegal hate speech online.”

The CCDH is a pro-censorship campaign group co-founded in 2018 by Imran Ahmed and Morgan McSweeney, who went on to become UK Prime Minister Keir Starmer’s chief of staff.

McSweeney stepped down from CCDH’s board two days after Starmer became Labour leader. The organization maintains close ties to the current government and has stated that its goal was to “kill Musk’s Twitter,” according to leaked internal documents reported by Matt Taibbi and Paul Thacker.

Ahmed himself was sanctioned by the US State Department in December 2025 over concerns that his organization had led “organized efforts to coerce American platforms to censor, demonetize, and suppress American viewpoints.” A federal court blocked his deportation with a temporary restraining order.

This is the organization Ofcom chose to help build the evidence base for pressuring X into compliance. Ahmed, for his part, welcomed the deal. Speaking to POLITICO, he said CCDH will be “watching closely to ensure this results in meaningful action, not just words.”

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NAACP Sues Musk’s xAI Over Memphis Data Center Pollution

The NAACP has filed a lawsuit against Elon Musk’s xAI, alleging that the company’s massive Memphis data center is causing harmful air pollution in surrounding communities. The legal challenge targets the facility that Musk has positioned as critical infrastructure for xAI’s ambitious AI development plans, raising questions about the environmental cost of the AI boom. The lawsuit marks a significant collision between Silicon Valley’s race to build AI supercomputers and environmental justice concerns in communities hosting these energy-intensive facilities.

xAI, Elon Musk’s artificial intelligence venture, is facing a federal lawsuit from the NAACP over alleged air pollution stemming from its Memphis data center operations. The civil rights organization filed the complaint targeting the facility that Musk has described as essential to xAI’s efforts to compete with OpenAI, Google, and Meta in the race to build more powerful AI systems.

The Memphis facility represents a massive bet by Musk on scaling AI infrastructure quickly. The world’s richest person selected the greater Memphis area as a hub for xAI’s computational buildout, drawn by available industrial space, power capacity, and local tax incentives. But that rapid expansion is now colliding with community concerns about environmental impact.

The NAACP’s lawsuit alleges that emissions from the data center are degrading air quality in nearby neighborhoods, many of which are predominantly Black communities that have historically borne disproportionate environmental burdens. The legal challenge puts a spotlight on an often-overlooked aspect of the AI boom: the physical infrastructure required to train large language models consumes enormous amounts of electricity and generates substantial heat, requiring extensive cooling systems that can impact local environments.

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Bombshell: Left-Wing Tech Billionaires Are Paying the Full Salaries of Dozens of ‘Journalists’ at Top Media Companies

If you want to talk about media corruption, how about the discovery that a left-wing political organization has embedded 80 “journalists” in the corporate media by paying their full salaries?

Breitbart News has previously reported on LinkedIn co-founder Reid Hoffman’s dark money election meddling, as well as Facebook cofounder Dustin Moskovitz’s deep penetration of President Joe Biden’s administration with AI activists.

Behind this corruption is a far-left, globalist organization called Effective Altruism (EA), which the New York Post describes as a “billionaire-backed movement [that] aims to solve the world’s problems” which wants to send the message that “unchecked AI will destroy us all,” and that we must “prioritize causes like climate change, global health, poverty, [and] pandemics.”

EA wants to end factory farming. Okay, and replace it with what — insects? We have to feed 8.3 billion people every single day.

No one should blame EA. These fascist tech bros are merely doing whatever it takes to further their fascist cause. If you believe in something, you take every advantage to promote it.

What is obscene here…

What is indefensible here…

What is inexcusable here is this:

To spread their message the group has the Tarbell Center for AI Journalism — funded in part by EA foundations — which pays full salaries of journalists placed inside such newsrooms as Time, Bloomberg, MIT Technology Review and The Guardian, NBC News, and The Verge.

Then there’s Ezra Klein at the New York Times:

New York Times superstar columnist Ezra Klein has maintained deep, longstanding ties to EA and its billionaires, and even uses his widely read NYT column to solicit donations to them.

How can you call yourself a progressive if you solicit donations to an organization run by… billionaires?

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Lawyers for Elon Musk and OpenAI make their final case in a trial that could shape AI’s future

Lawyers for Elon Musk and OpenAI made their final arguments Thursday in the landmark trial whose outcome could shape the future of artificial intelligence.

Musk, the world’s richest man, was a co-founder of OpenAI, which started in 2015 and went on to create ChatGPT. His lawsuit filed in 2024 accuses OpenAI CEO Sam Altman and his top deputy of betraying a plan to keep it as a nonprofit and shifting into a moneymaking mode behind his back.

The trial’s outcome could sway the balance of power in AI — breakthrough technology that increasingly has raised fears about its potential impacts on the economy, society and even humanity’s survival. Scrutiny of Altman’s leadership comes at a crucial time for the company and its competitors, Musk’s own AI firm and Anthropic, formed by a group of seven ex-OpenAI leaders.

All three firms are moving toward planned initial public offerings that are expected to be among the largest ever. Musk is seeking damages and changes to OpenAI’s business structure, as well as Altman’s ouster from company leadership. If Musk wins, it could derail OpenAI’s IPO plans.

Timing of lawsuit is key question
One of the jury’s tasks is to decide if Musk filed his lawsuit in time. Much of the testimony has centered on OpenAI’s early years after its founding, but there’s a relatively short timeline to allege the claims Musk is making of breach of charitable trust and unjust enrichment.

OpenAI has argued that Musk waited too long and cannot claim harms that occurred before August 2021.

The judge wrote in a court filing last month that “if the jury finds that Musk failed to file his action within the statute of limitations, it is highly likely” that she will “accept that finding and direct verdict to the defendants.”

If the jury decides the lawsuit was filed in time, it then has to decide if OpenAI had a “charitable trust” that was broken by OpenAI and its executives. Musk’s other claim means jurors must determine whether Altman, Greg Brockman — co-founder and president — and OpenAI unjustly enriched themselves at Musk’s expense.

For Microsoft, a co-defendant in the trial, the jury has to decide whether the company aided and abetted that breach. Musk invested $38 million in OpenAI during its first years, and Microsoft became OpenAI’s biggest investor after Musk’s departure.

Musk lawyer focuses on Altman’s credibility
Altman and Brockman were in the courtroom Thursday, while Musk was in China with President Donald Trump and other prominent tech executives.

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Billionaire Friend of Swalwell and Dem Donor Stephen Cloobeck Arrested in Los Angeles

Lefty casino and timeshare mogul Stephen Cloobeck, who once called Swalwell his “little brother” and poured over $1 million into his failed campaign for California governor, was arrested in Los Angeles on Tuesday on a felony charge of attempting to prevent or dissuade a witness from testifying.

Last month, Cloobeck dramatically cut all ties and kicked Swalwell out of his luxurious $26 million Beverly Hills mansion.

Cloobeck also demanded every penny of his cash back after explosive allegations that Swalwell sexually assaulted multiple women, including a former staffer who claims the Democrat raped her while she was too drunk to consent.

The Gateway Pundit previously reported that Swalwell had missed votes in Congress while running for California governor, spending his time hanging out at a multimillion-dollar Beverly Hills mansion owned by one of his top campaign donors.

Swalwell visited the lavish 9,700-square-foot estate on Roxbury Drive on at least 10 different days since September.

Cloobeck’s property features six bedrooms, seven bathrooms, a tennis court, double gates, and luxury artwork that Swalwell has used as a backdrop for social media videos and TV interviews.

Congressional records show Swalwell missed House floor votes on at least three days when he posted content from the mansion.

Swalwell missed more votes in 2025 than any other active member of Congress, more than even the late Rep. Raúl Grijalva, who died in March.

Cloobeck was a major backer of Swalwell’s gubernatorial campaign. He contributed $1 million to a supporting committee, provided resources from his own short-lived 2025 governor bid, and previously spent $31,000 on a trip flying Swalwell to Nice, France, according to congressional gift reports.

Cloobeck publicly referred to Swalwell as his “Little Brother” and confirmed the use of his home for campaign work, saying of one televised hit, “That’s my backdrop. Mi casa, su casa.”

On Tuesday, Cloobeck was arrested in Los Angeles just weeks after booting Swalwell from his mansion.

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Billionaire Bucks Co-Owner Alleges $1 Billion Blackmail Plot After Affair With China-Born Entrepreneur

Wesley Edens, billionaire investor and co-owner of the Milwaukee Bucks, replied to a 2022 LinkedIn message from Changli Sophia Luo, a China-born founder of a small Manhattan nonprofit that produced interview videos. Their exchanges turned personal; by June 2023 they met at her apartment and had sex, according to the Wall Street Journal, citing prosectuors.  

What followed, authorities say, became an extortion case. Luo was indicted for allegedly trying to extract over $1 billion by threatening to release explicit images and videos. Prosecutors claim she repeatedly contacted Edens’s relatives, warned she would approach investors, and vowed to ruin him. She faces four charges, including blackmail and evidence destruction, and has pleaded not guilty. Released on $500,000 bond, she awaits trial.

Edens was not initially named, but a spokesman confirmed he is “Victim-1.” He reported the matter over safety concerns and is expected to testify. His side declined further comment: “Mr. Edens will be making no comment on the case as the indictment speaks for itself with respect to the charges against the defendant.”

The WSJ writes that Luo’s attorneys argue she sought accountability for what they describe as “an inappropriate and aggressive sexual encounter,” asking the court to dismiss the case. Federal prosecutors have not commented.

The dispute highlights reputational risks when personal relationships involving high-profile figures unravel. Victims often hesitate to involve authorities, partly because cases can expose private details.

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Caught On Tape: California Billionaire Tax Architect Admits Wealth Confiscation Could Go Even Further

One of the co-authors of California’s controversial ‘one-time’ tax on billionaires appeared to suggest that the levy could extend beyond a single imposition.

Marxist economics professor Emmanuel Saez, who hails from France, made the comment during a Tuesday debate against economist Arthur Laffer at the University of California, Berkeley.

“I don’t think it’s going to be a one-time tax. Because you can’t surprise billionaires more than once,” Saez said. “Even then, maybe some of them were expecting something like this. So, it’s going to be a debate about this time, you know, a permanent wealth tax at a low rate that’s going to last for a number of years.”

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Paris Prosecutors Move to Criminally Charge Musk and xAI

Paris prosecutors announced Thursday that their investigation into Elon Musk’s social platform X has been upgraded to a full criminal probe.

The Paris prosecutor’s office is now asking investigating magistrates to formally charge Musk, former X CEO Linda Yaccarino, and three companies linked to the platform, including xAI and X.AI Holdings Corp. If they refuse to appear for those charges, prosecutors say judges can issue warrants that carry the same legal weight.

The charges cover a long and growing list of alleged offenses: Complicity in possessing and distributing sexual images. Nonconsensual sexually explicit deepfakes. Denial of crimes against humanity. Fraudulent extraction of user data. Violation of the secrecy of electronic correspondence. Manipulation of an automated data processing system as part of an organized group. Illegal collection of personal data without adequate security.

The announcement came just three weeks after the US Department of Justice refused to cooperate with the French investigation, calling it an attempt to regulate American speech through foreign criminal law. France pushed ahead anyway.

The investigation did not begin with deepfakes or child safety. It began with politics.

French Member of Parliament Éric Bothorel, a member of President Macron’s centrist Renaissance party, filed a complaint in 2025 alleging that X’s algorithm had been manipulated for the purpose of “foreign interference” in French politics.

Bothorel accused the platform of narrowing “diversity of voices and options” after Musk’s takeover and cited Musk’s “personal interventions” in moderation decisions.

A second complaint, from a senior official in French public administration, alleged the same thing, claiming to observe a surge of “hateful, racist, anti-LGBTQ” content aimed at skewing democratic debate.

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Gwyneth Paltrow’s Attack on ‘Super Rich White Dudes’ Backfires in Spectacular Fashion


Gwyneth Paltrow is facing widespread backlash after criticizing what she called “super rich white dudes” during the latest episode of “The Goop Podcast.”

The Oscar-winning actress and Goop founder, whose net worth is estimated at $200 million, sparked major reactions online after lamenting the dominance of wealthy men in tech and culture.

Many social media users quickly pointed out that Paltrow herself fits into the same category of the privileged and wealthy elite that she was denouncing.

While speaking with tech journalist Kara Swisher, Paltrow questioned how society had reached a point where wealth overshadows all other values.

“How did we get here as a culture?” she asked. “Obviously, there’s so much revenue and profit driving this whole thing. That’s at the heart of it.”

She went on to say, “How do you think we got to this place in culture where nothing matters and now all that matters is kind of these super rich White dudes who are breaking rules, setting rules, seemingly not caring so much about the downstream impact on everything, from health to culture.”

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