Tesla awards boss Elon Musk $29bn in shares
Tesla has granted its chief executive Elon Musk $29bn (£21.7bn) worth of its shares, in an attempt to keep the billionaire at the firm, BBC reported.
The move comes after a US court struck down his 2018 pay package, worth more than $50bn, ruling that it was "unfair to shareholders".
Musk has been appealing the decision made by the Delaware court in 2024 and on Monday Tesla told shareholders it was "confident" that the $29bn of shares "will incentivize Elon to remain at Tesla" especially as "the war for AI talent is intensifying".
The award should boost Musk's voting power on the electric car company's board, according to BBC.
Hundreds of Israeli ex-officials appeal to Trump to help end Gaza war
A group of some 600 retired Israeli security officials, including former heads of intelligence agencies, have written to US President Donald Trump to pressure Israel to immediately end the war in Gaza, BBC reported.
"It is our professional judgement that Hamas no longer poses a strategic threat to Israel," the officials said.
"Your credibility with the vast majority of Israelis augments your ability to steer Prime Minister [Benjamin] Netanyahu and his government in the right direction: End the war, return the hostages, stop the suffering," they wrote, according to BBC.
South Korea dismantles border loudspeakers to ease tensions with N Korea
South Korean authorities began removing loudspeakers blaring anti-North Korea broadcasts along the country’s border, Seoul’s Ministry of National Defence has said, as the new government of President Lee Jae-myung seeks to ease tensions with Pyongyang, Aljazeera reported.
“Starting today, the military has begun removing the loudspeakers,” Lee Kyung-ho, spokesman of South Korea’s Defence Ministry, told reporters on Monday.
Shortly after he took office in June, Lee’s administration switched off propaganda broadcasts criticising the North Korean regime as it looks to revive stalled dialogue with its neighbour, according to Aljazeera.
F1 tycoon pleads guilty in rare Singapore corruption case
A Singapore-based billionaire hotelier has pleaded guilty to a charge connected to a rare corruption scandal that shocked the country last year, BBC reported.
Ong Beng Seng has admitted to abetting the obstruction of justice by helping ex-transportation minister Subramaniam Iswaran cover up evidence while he was being investigated for corruption.
Ong gave expensive gifts, including an all-expenses paid trip which included a private jet ride, to Iswaran while they were engaged in official business, according to BBC.
