Norway’s sovereign wealth fund aims to destroy Musk’s monstrous Tesla payout deal

Norway’s sovereign wealth fund wants to shoot down Elon Musk’s planned $56 billion compensation package at Tesla’s annual shareholder meeting, scheduled for Thursday this week, June 13. The fund, managed by Norges Bank Investment Management (NBIM), said on Saturday it “voted against a proposal by Tesla to ratify performance-based stock options to Elon Musk, consistent … Read more

The James Webb Telescope sees two monstrous black holes merge at the dawn of time, challenging our understanding of the universe

This image shows the environment of the galaxy system ZS7 as seen by the James Webb Space Telescope. A zoomed-in look at the merging black hole system is inset in yellow.

Astronomers have taken advantage of the James Webb Space Telescope (JWST) to detect the furthest pair of colliding black holes in the known universe. The cosmic monsters – each estimated to be around 50 million suns in size – were discovered more than 13 billion light-years away, at a time just 740 million years after … Read more