PIXAR ANNOUNCES NEW FINDING NEMO SHORT FILM, LOVING DORY . (PHOTO).

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 Pixar announces new Finding Nemo short film, Loving Dory  Pixar is returning to the “Finding Nemo” universe with a new short film titled “Loving Dory,” continuing the franchise after its two films grossed roughly $2 billion worldwide. The short was announced at the Annecy International Animation Film Festival, where Pixar also revealed plot details and screened early footage. Produced by Mary Alice Drumm and directed by Lou Hamou-Lhadj, the story follows Dory as she takes Nemo to school. On her way back, she becomes trapped in a sea anemone and is rescued by what she believes is a jellyfish, which is actually a plastic bag containing a discarded sunscreen tube. Dory then forms an unexpected friendship with the object, with the footage showing a series of whimsical, emotional moments between the pair. The animation reportedly features a dreamy visual style with layered lighting, underwater particles, and soft depth effects, drawing comparisons to earlier Pixar experimental wor...
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TESLA CEO ELON MUSK WINS $55 BILLION COMPENSATION PACKAGE IN DELAWARE COURT RULING. (PHOTO).

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 Tesla CEO Elon Musk wins $55 billion compensation package in Delaware court ruling

Elon Musk, already the world’s richest person, secured a massive financial victory Friday when the Delaware Supreme Court overturned a prior ruling that had stripped him of a $55 billion pay package awarded by Tesla in 2018 as an incentive to grow the company.

The reversal not only adds to Musk’s current fortune of $679 billion but also validates his long-standing assertion that the Delaware court overstepped its authority when Chancellor Kathaleen St. Jude McCormick rescinded the package in January 2024 following a lawsuit from a Tesla shareholder. Tesla did not immediately comment.

The 2024 ruling had angered Musk enough to prompt him to reincorporate Tesla in Texas, creating pressure on the board to reassure their CEO. Shareholders later voted to reinstate the pay package, which had been valued at $44.9 billion during the second vote 18 months ago.

Musk’s compensation story continued this year with a new pay package that could reach $1 trillion if he boosts Tesla’s market value from $1.6 trillion to $8.5 trillion over the next decade, a plan shareholders approved last month.

When the 2018 package was first created, Tesla’s market value was between $50 billion and $75 billion, and the company was still grappling with production challenges and cash flow concerns. Over time, improved manufacturing and strong sales helped Tesla meet the performance targets tied to Musk’s payout.

McCormick had originally ruled the package was improperly structured, citing a board too closely aligned with Musk, including evidence from his 2022 testimony. The Delaware Supreme Court, in a 49-page decision, found multiple errors in that ruling, restored the 2018 compensation package, and awarded Tesla $1 in nominal damages.


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