Elon Musk becomes first person worth $700b following pay package ruling
Tesla CEO Elon Musk's net worth surged to $749 billion late Friday after the Delaware Supreme Court reinstated Tesla stock options worth $139 billion that were voided last year, according to Forbes' billionaires index, Reuters reported.
Musk's 2018 pay package, once worth $56 billion, was restored by the Delaware Supreme Court on Friday, two years after a lower court struck down the compensation deal as "unfathomable."
The Supreme Court said that a 2024 ruling that rescinded the pay package had been improper and inequitable to Musk, according to Reuters.
Gunmen kill nine in South Africa tavern attack
South African police say a manhunt is under way after a shooting at a tavern left nine people dead and another 10 injured in a township near Johannesburg, BBC reported.
They say about 12 unidentified gunmen arrived in two cars in Bekkersdal, "opened fire at tavern patrons and continued to shoot randomly as they fled the scene".
The shooting happened at about 01:00 local time on Sunday (23:00 GMT Saturday). The police added that the tavern was licensed, according to BBC.
Australian PM announces intelligence review as country mourns Bondi attack
Australia's Prime Minister Anthony Albanese has announced a review into the police and national intelligence agencies after the Bondi Beach attack in Sydney, BBC reported.
"The ISIS-inspired atrocity last Sunday reinforces the rapidly changing security environment in our nation," Albanese said, using an acronym for the Islamic State group. "Our security agencies must be in the best position to respond."
The shooting, in which15 people were killed after two gunmen - father and son - opened fire at a Jewish festival has been declared a terrorist incident. Police say the attackers were inspired by "Islamic State ideology".
US hits ISIS in Syria with large retaliatory strikes, officials say
The U.S. military launched large-scale strikes against dozens of Islamic State targets in Syria on Friday in retaliation for an attack on American personnel, U.S. officials said, Reuters reported.
A U.S.-led coalition has been carrying out airstrikes and ground operations in Syria targeting Islamic State suspects in recent months, often with the involvement of Syria's security forces.
President Donald Trump had vowed to retaliate after a suspected ISIS attack killed U.S. personnel last weekend in Syria, according to Reuters.
