Technology

Elon Musk calls U.S. media and schools ‘racist against whites & Asians’

Published

2 years ago

February 27, 2023

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Tesla Chief Executive Office Elon Musk speaks at his company’s factory in Fremont, California.

Noah Berger | Reuters

Elon Musk, the CEO of SpaceX, Tesla and Twitter, accused “the media” and “elite colleges and high schools” of being “racist” against white and Asian people, espousing his views without providing evidence on Sunday.

Musk posted his comments on Twitter, where he has nearly 130 million followers, in response to news that media organizations around the country decided to cut the comic strip “Dilbert” from syndication after its creator, Scott Adams, delivered a racist tirade in a video on his YouTube channel last week.

In the video, Adams discussed a poll conducted by right-leaning Rasmussen Reports that said 26% of Black respondents disagreed with the statement “It’s OK to be white.” The phrase referenced in their poll has been labeled a “hate slogan” by the Anti-Defamation League. In his video, Adams called Black people who rejected that phrase as a “hate group.”

Adams also said that he personally chose to live in a community where few or no Black people lived, and then advised his white viewers to “get the hell away from Black people,” saying he didn’t “want to have anything to do with them.”

Adams’ video was published during Black History Month in the U.S., which was established in 1976 by President Gerald Ford as a period during which to honor the struggles and contributions of Black Americans.

Among the news outlets that dropped “Dilbert” were the Los Angeles Times, The Oregonian, The Cleveland Plain Dealer, The Washington Post and USA Today.

Musk’s track record

Brian Levin, a civil rights attorney and director of the Center for the Study of Hate and Extremism at California State University said, in response to Musk’s tweets:

“Systemic racism requires not only widespread bigotry to be held within a group but also a structural component that allows discrimination and oppression to be imposed on a minority because of an advantage of access and power. A white billionaire from South Africa who recently lost a high profile racial discrimination case may not be in the best position to offer counsel.”

As CNBC previously reported, a San Francisco federal court ruled that Tesla must pay a former worker, Owen Diaz, for damages after he endured a hostile work environment and racist abuse at the company’s factory where he previously worked as an elevator operator.

Additionally, the EEOC, a federal agency responsible for enforcing civil rights laws against workplace discrimination, has issued a cause finding against Tesla, according to a financial filing from the company last year.

Prior to the EEOC finding, the California Civil Rights Department, formerly known as the Department of Fair Employment and Housing, sued Tesla after a three-year investigation, alleging widespread racist discrimination at Tesla factories and facilities across the state.

The CRD alleged that Tesla has kept Black workers in lower-level roles at the company even when they have the skills and experience to be promoted to more senior roles; assigned Black workers more demanding, dangerous and dirty work in their facilities; and retaliated against Black workers who complained formally about what they endured, including racist slurs used by managers.

Tesla called the CRD’s lawsuit “misguided,” and later countersued the agency.

The data on racism

Musk made his claims about “the media” and some higher educational institutions and high schools in the U.S. without presenting any evidence.

Specifically, he wrote, “The media is racist.” He then added, “For a *very* long time, US media was racist against non-white people, now they’re racist against whites & Asians. Same thing happened with elite colleges & high schools in America. Maybe they can try not being racist.”

According to Pew Research, newsroom employees are much more likely to be white (and male) than U.S. workers overall. In film and TV, according to McKinsey research, “Black talent is underrepresented across the industry, particularly off-screen.” Less than 6% of the writers, directors and producers of U.S.-produced films are Black, McKinsey found.

According to the most recently available U.S. Census Bureau data, about 29% of non-Hispanic white people in the U.S. have attained a bachelor’s degree or higher levels of education, about 18.4% of Black people in the U.S. have attained that level of education, and about 51.3% of Asian people have done so.

Despite Asian American educational attainment, Asians are underrepresented in leadership roles in U.S. academic libraries and higher education, according to research by Mihoko Hosoi, published in the Journal of Library Administration in 2022.

Musk also replied to one Twitter account that said unarmed white people affected by police violence only get a fraction of the media attention paid to Black people injured or killed by police. Musk claimed that the media coverage is “Very disproportionate to promote a false narrative.”

According to research by Brookings Institute, “Black people are 3.5 times more likely than white people to be killed by police when Blacks are not attacking or do not have a weapon,” and “Black teenagers are 21 times more likely than white teenagers to be killed by police.”

Hate speech on Twitter

Imran Ahmed, the CEO and founder of the Center for Countering Digital Hate, said in response to Musk’s tweets, “Elon Musk seeks to portray himself as some weird, bizarro champion of anti-racism whereas in reality when he took over Twitter, he made a series of disturbing decisions to change its rules to welcome racist hate back onto the platform and, as our research has shown, to profit from the controversy and attention hate generates.”

Ahmed also called on remaining advertisers to reevaluate whether they want to spend their budgets on Twitter, given Musk’s beliefs and changes he has made to the Twitter platform.

Since leading a $44 billion leveraged buyout of Twitter late last year and appointing himself “Chief Twit,” or CEO, Musk has stirred controversy and lost money at the social media business.

Under Musk’s watch, Twitter has restored the accounts of some previously banned and divisive figures, including neo-Nazi website founder Andrew Anglin. His moves led to an unprecedented rise in hate speech on the platform, the Center for Countering Digital Hate found, and drew an immediate outcry from civil rights leaders.

Hundreds of Twitter’s top advertisers have since halted or pulled back on ad spending there. One firm estimated that Twitter’s ad revenue declined as much as 70% in December from the previous year, Reuters reported. Musk acknowledged in a November tweet that the company suffered a “massive drop in revenue” after advertisers paused spending on the social media platform.

Musk and representatives at Twitter, SpaceX and Tesla did not immediately respond to requests for comment.

Technology

Astronomer CEO Andy Byron resigns after viral Coldplay kiss-cam controversy

Published

2 hours ago

July 19, 2025

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Astronomer CEO Andy Byron resigns after viral Coldplay kiss-cam controversy

Chris Martin of Coldplay performs at the O2 Shepherd’s Bush Empire on October 12, 2021 in London, England.

Simone Joyner | Getty Images Entertainment | Getty Images

Astronomer, the technology company that faced backlash after its CEO was allegedly caught in an affair at a Coldplay concert, said the CEO has resigned, the company announced Saturday.

“Andy Byron has tendered his resignation, and the Board of Directors has accepted,” the company said in a statement. “The Board will begin a search for our next Chief Executive as Cofounder and Chief Product Officer Pete DeJoy continues to serve as interim CEO.”

Byron was shown on a big screen at a Coldplay concert on Wednesday with his arms around the company’s chief people officer, Kristin Cabot. Byron, who is married with children, immediately hid when the couple was shown on screen. Lead singer Chris Martin said, “Either they’re having an affair or they’re just very shy.” A concert attendee’s video of the affair went viral.

In May, Astronomer announced a $93 million investment round led by Bain Ventures and other investors, including Salesforce Ventures.

Byron’s resignation comes after Astronomer said Friday that it had launched a “formal investigation” into the matter, and the CEO was placed on administrative leave.

“Before this week, we were known as a pioneer in the DataOps space, helping data teams power everything from modern analytics to production AI,” the company said in its Saturday statement. “Our leaders are expected to set the standard in both conduct and accountability, and recently, that standard was not met.”

Technology

Nvidia CEO Jensen Huang sells an additional $12.94 million worth of shares

Published

4 hours ago

July 19, 2025

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Nvidia CEO Jensen Huang sells an additional .94 million worth of shares

Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025.

I-hwa Cheng | Afp | Getty Images

Nvidia CEO Jensen Huang sold 75,000 shares on Friday, valued at about $12.94 million, according to a filing with the U.S. Securities and Exchange Commission.

Friday’s sale is part of a plan adopted in March for Huang to sell up to 6 million shares of the leading artificial intelligence company. Earlier this week, Huang sold 225,000 shares of the chipmaker, totaling about $37 million, according to a separate SEC filing. The CEO began trading stock per the plan last month.

Surging demand for AI and the graphics processing units that power large language models has significantly boosted Huang’s net worth and pushed Nvidia’s market capitalization beyond $4 trillion, making it the world’s most valuable company.

Nvidia announced this week that it expects to resume sales of its H20 chips to China soon, following signals from the Trump administration that it would approve export licenses. Earlier this year, U.S. officials had stated that Nvidia would require special permission to ship the chips, which are specifically designed for the Chinese market.

“The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon,” the company said in a statement on Tuesday. Huang said during a news conference on Wednesday in Beijing that he wants to sell chips more advanced than the H20 to China at some point.

Technology

Peter Thiel-backed cryptocurrency exchange Bullish files to go public on NYSE

Published

23 hours ago

July 18, 2025

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Peter Thiel-backed cryptocurrency exchange Bullish files to go public on NYSE

Peter Thiel, co-founder of PayPal, Palantir Technologies, and Founders Fund, holds hundred dollar bills as he speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida.

Marco Bello | Getty Images

The Peter Thiel-backed cryptocurrency exchange Bullish filed for an IPO on Friday, the latest digital asset firm to head for the public market.

The company, led by CEO Tom Farley, a veteran of the finance industry and former president of the New York Stock Exchange, said it plans to trade on the NYSE under the ticker symbol “BLSH.”

A spinout of Block.one, Bullish started with an initial investment from backers including Thiel’s Founders Fund and Thiel Capital, along with Nomura, Mike Novogratz and others. Bullish acquired crypto news site CoinDesk in 2023.

“In the first quarter of 2025, Bullish exchange executed over $2.5 billion in average daily volume, ranking in the top five exchanges by spot volume for Bitcoin and Ether,” the company said on its website. The prospectus listed top competitors as Binance, Coinbase and Kraken.

The IPO filing says that as of March 31, the total trading volume since launch has exceeded $1.25 trillion.