executive
San Francisco (AFP) - Elon Musk is at turns ingenious, impulsive and infuriating. He is also a corporate maverick, unafraid to tackle myriad industries by his own rules. After revolutionizing the auto industry, sending his own rocket to space -- with his car on board -- and building the world's biggest fortune, the eccentric billionaire is the new king of social media after he took charge of Twitter on Thursday and fired its top executives. That will give him control of the network on which the world debates, mobilizes, bickers and throws shade, Musk often first among them. The deal will also...
AFP
San Francisco (AFP) - Space conquest: check. Disrupt the auto industry: check. Take over Twitter? Why not. From eccentric entrepreneur to the world's richest man, Elon Musk likes to dream big -- and these days, he is everywhere you look. Two decades after banking his first millions, the South-African born Musk last year became the world's richest person -- wresting the title from Amazon's Jeff Bezos -- following the meteoric rise of Tesla, his electric automaker founded in 2003. The billionaire's latest big splash: a bid announced Thursday to take over Twitter, capping a rollercoaster fortnigh...
AFP
Washington (AFP) - Two years after taking the helm at a slumping General Electric, Larry Culp has secured a huge reward: a bonus of around $47 million and the potential for much more. The mammoth payoff follows thousands of layoffs at the industrial conglomerate amid the coronavirus pandemic. Culp took over as chief executive in October 2018 and was paid almost $25 million in 2019, but he could reap as much as $230 million if GE meets additional targets, according to securities filings reviewed by AFP. The ex-CEO of Danaher, Culp has been credited with stabilizing GE's finances through a serie...
AFP
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