Business

In US trial, Musk defends his $50 bn pay deal at Tesla

Tesla tycoon Elon Musk on Wednesday defended his $50 billion pay package as CEO of the electric vehicle giant, arguing that the pioneering company was on the verge of collapse when the deal was agreed.

Consumer & Gadgets

Sony to begin plastic packaging phase-out next year

Sony will start phasing out plastic packaging for small electronic gadgets such as smartphones, cameras and audio accessories from next year, a company spokeswoman said Tuesday.

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