Elon Musk is “hauling ass” on his “Gigafactory of Compute” project in Memphis. But a whiplash deal, NDAs, and backroom promises made to the city have lawmakers demanding answers. https://lnkd.in/esWkq73v
Forbes
Book and Periodical Publishing
Jersey City, NJ 18,015,380 followers
Official page of Forbes, the world’s leading voice for entrepreneurial success and free enterprise.
About us
Forbes Media is a global media, branding and technology company, with a focus on news and information about business, investing, technology, entrepreneurship, leadership and affluent lifestyles. The company publishes Forbes, Forbes Asia, and Forbes Europe magazines as well as Forbes.com. The Forbes brand today reaches more than 94 million people worldwide with its business message each month through its magazines and 37 licensed local editions around the globe, Forbes.com, TV, conferences, research, social and mobile platforms. Forbes Media’s brand extensions include conferences, real estate, education, financial services, and technology license agreements. Forbes is an equal opportunity employer.
- Website
-
http://www.forbes.com
External link for Forbes
- Industry
- Book and Periodical Publishing
- Company size
- 201-500 employees
- Headquarters
- Jersey City, NJ
- Type
- Privately Held
- Founded
- 1917
- Specialties
- Business, Finance, Investing, Technology, Politics, Leadership, Entrepreneurship, Small Business, Cloud Computing, Security, and Management
Locations
-
Primary
Jersey City, NJ, US
-
499 Washington Blvd
Jersey City, NJ 07310, US
Employees at Forbes
-
Josh Wolfe
-
John Chisholm
CEO, John Chisholm Ventures; Serial Entrepreneur & Angel Investor; Trustee, Santa Fe Institute; Former trustee, MIT
-
Mark Minevich
Global Technology Executive & AI Strategist | Chair Executive Advisor & Partner | ex-IBM ex-BCG | Fortune 500 & governments | Boards Foundations |…
-
Toby Shapshak
TED Global speaker | Forbes senior contributor | Business Day columnist | Scrolla.Africa director | Stuff ed-in-chief | The Roost
Updates
-
This twenty-four-year-old has raised $20 million and signed on Iran’s former top nuclear scientist and former Pentagon officials with an audacious goal: using nuclear fusion to solve all our energy problems. https://trib.al/UieXv5D
-
The IRS is warning taxpayers not to fall for bad advice online, including from those touting a non-existent “Self Employment Tax Credit” and misrepresenting fuel and child tax credits. https://trib.al/9KE5yFO
-
The absence of women on this year's top-earning athletes list is glaring. Polish tennis sensation Iga Świątek, the highest-paid female athlete in 2023, earned a total of $23.9 million, a mere fraction of the $45.2 million needed to secure a spot among 2024's top 50 athletes. Moreover, the entry threshold for the list has nearly doubled over the past decade, further widening the gap between male and female athletes. Since 2012, only four women have graced the list: Serena Williams, Maria Sharapova, Li Na, and Naomi Osaka. With Williams' retirement last year, the top 50 is a stark testament to the lack of financial parity, largely driven by significant disparities in league revenue, media rights deals, and sponsorship opportunities between men's and women's sports.
-
Salary history bans, or laws that prohibit employers from asking about prospective employees’ pay at previous jobs, have been implemented in 21 states to address pay gaps. However, a new study finds a significant limitation to the bans—men are disclosing their previous salaries anyway.
Salary History Bans Fall Short As Men Voluntarily Reveal Pay, Study Shows
social-www.forbes.com
-
Founded by two sets of identical twins, Jeeter lit up the cannabis industry last year with $220 million in revenue, leaving the competition searching for a “Jeeter beater.”
Meet The Kings Of The Pre-Roll Joint
social-www.forbes.com
-
As Ted Townsend tells it, Elon Musk took roughly a week to decide to build the new supercomputer for his AI startup, xAI, in Memphis. After a whirlwind few days of negotiations in March, Musk and his team — which included representatives from several of his companies — opted for the Tennessee city because it offered ample access to power and the ability to build quickly, said Townsend, president of the Greater Memphis Chamber, an economic growth nonprofit that worked on the deal. “We’re going to haul ass in Memphis,” Townsend recalls Musk saying of the project, which xAI’s contractors refer to as “Project Colossus.” The multibillion dollar investment, according to Townsend’s estimate, was officially announced last month. But several members of the Memphis City Council are now urging the city to pump the breaks on the effort amid an upwelling of community concern about the secretive nature of the deal and the data center’s requirements for electricity and water use. Keep reading: https://trib.al/Ijqk3At
-
In today’s competitive landscape, personal branding is more important than ever. Whether it’s through a blog, newsletter, video, a book, or article, writing can help tell your story and expand your reach. https://trib.al/xDhFZ83
-
Shuo Wang moved to the U.S. as a teenager and sold scooters at flea markets on weekends. Now the cofounder and chief revenue officer of human resources software unicorn Deel is worth an estimated $850 million.
How This Chinese Immigrant Became One Of America’s Most Successful Self-Made Women
social-www.forbes.com
-
Skilled trade jobs offer stable, high paying careers with ongoing learning and development opportunities. Thinking about making the switch? These tips can help guide your decision. https://trib.al/tXWUoO4