$55.8 billion. that was the record pay day for elon musk in 2018. but today a judge in the us state of delaware said it should be scrapped. the pay deal was the biggest ever in us corporate history and propelled mr musk to the top of the list of the world s richest people. butjudge kathaleen mccormick said the payout was unfathomable . and could put his title as the world s richest man at risk. figures from bloomberg and forbes suggest his net worth is between $198 billion and $220 billion. the pay was from his electric car company tesla and was linked to performance targets, such as tesla s share price and profitability. and if you look at that measure well, the value of the company did soar, topping $1 trillion in 2021, up from $50 billion when the pay deal was originally negotiated. mr musk sold a large chunk of tesla to buy twitter. meaning how owns around 13% of the electric carmaker. cancelling his pay deal means he also misses out on more than 300 million tesla sh
payment rights on the social media platform. to discuss all this i ll be joined by the political analyst and democratic party strategist mary anne marsh and philip rycroft the former permanent secretary at the uk s department for exiting the eu. the bosses of five major tech firms have been testifying at a senate hearing about what they re doing to protect children from online sexual exploitation. the five have faced some fiery questions, with meta boss mark zuckerberg being asked what the hell were you thinking? over an instagram prompt directing users to possible child abuse material. mark zuckerberg and the boss of tiktok voluntarily agreed to testify, but leaders of snap, x formerly twitter and discord initially refused and were sent subpoenas, forcing them to appear. all have hundreds of millions of young users. senators are particularly worried about a rise in reports of explicit images of children being shared, including those created with artificial intelligen
barrels per day injuly, which is around 1% of global supplies. opec plus countries which account for around 40% of the world s crude oil said they would cut production by some 1.4 million barrels per day from the start of next year. but not all members of the cartel were happy, with nigeria and angola both wanting to raise production rather than cut it. sameer hashmi is our middle east business correspondent. let see how prices are faring just now. brent is currently up 1.5% so far in the day but keep an eye on it because there is a lot of volatility as you might expect as investors and traders try to work out exactly what the production cut could mean. sameer hashmi is our middle east business correspondent. perhaps not unexpected, this is what we expected, it cuts production and keeps prices up and we know how reliant many are on the revenue it creates but it will not go down well around the world. two creates but it will not go down well around the world. creates but
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