Business
Khosla raids Elon’s ghosla: Calls on tech workers to quit Musk’s Tesla and SpaceX – The Times of India
The TOI correspondent from Washington: Among Silicon Valley elites where tech titans have largely aligned with President Donald Trump’s purportedly race-driven MAGA vision, Indian-American venture capitalist Vinod Khosla has been an outlier. Exceptional as his opposition to Trump has been, the billionaire tech savant has set off a political and cultural firestorm this week with a blunt message aimed at MAGA maverick Elon Musk’s workforce: if you are a non-white employee at Tesla, SpaceX or X, you should quit — and come work for him instead.In a viral post on X, Khosla accused Musk of advancing a racially exclusionary version of Trump’s MAGA movement and urged employees who disagreed to walk away. “@elonmusk doesn’t want MAGA, he wants WAGA — ‘white America great again’ — as a ‘racism is great and desirable’ paradigm,” Khosla wrote, responding to Musk’s comments about white people becoming a “rapidly diminishing minority.” Khosla went on to invite “all non-whites… and all decent whites” at Musk’s companies to resign and send their LinkedIn profiles to Khosla Ventures.
The extraordinary call — part political denunciation, part talent raid — crystallized Khosla’s position as one of the very few tech titans willing to openly challenge Trump’s growing alliance with Silicon Valley’s elite. While much of the industry – including companies like Google, Microsoft, and IBM, all led by Indian-Americans – has moved to accommodate, or even embrace, Trump II, Khosla has chosen defiance, framing the moment as a moral test for American capitalism.Musk responded by calling Khosla a “pompous a******” and reminding him that his partner, Shivon, is half Indian and his eldest son with her “is named in honor of the great Indian physicist Chandrasekhar.”The Musk clash did not emerge in isolation. For months, Khosla has used his social media presence to attack Trump’s leadership, values and approach to governance. In January 2026, he described the administration’s agenda as “The Undoing Project,” accusing Trump of orchestrating a “rampant, multifarious attack on American values, norms, institutions, laws, and democracy.” He has warned that fear and cynicism are being used to silence opposition and has repeatedly urged Republicans, executives and investors to speak out.Khosla’s hostility toward Trump is deeply personal as well as political. An immigrant from India and a co-founder of Sun Microsystems, he has argued that Trump’s rhetoric and policies undermine the meritocratic ideals that powered Silicon Valley’s rise. In earlier posts that resurfaced during the 2024 election cycle, Khosla said he despised Trump for his “lack of values, his pathological lying, his selfishness,” accusing him of appealing to “the least appealing parts of American society.”That worldview now puts Khosla sharply at odds with the prevailing direction of the tech industry. A growing cohort of influential “tech bros” has signed up, explicitly or implicitly, for MAGA. Musk stands at the center of that universe, having donated heavily to Trump’s campaign and emerged as the president’s most powerful ally in Silicon Valley. Others in Trump’s orbit include PayPal co-founder Peter Thiel, investor and podcaster David Sacks, and venture capital heavyweights Marc Andreessen and Ben Horowitz, all of whom have praised Trump’s promises of deregulation, tax cuts and a lighter regulatory touch on artificial intelligence and crypto.Even executives who once positioned themselves as Trump skeptics have largely shifted to pragmatic cooperation. Leaders of Meta (Mark Zuckerberg), Amazon (Jeff Bezos), Apple (Tim Cook), Google (Sundar Pichai), Microsoft (Satya Nadella), and IBM (Arvind Krishna) have attended Trump events, increased political donations and pledged billions in US investments, while tech lobbying has surged to record levels. The calculation is straightforward: access, influence and regulatory relief outweigh ideological discomfort.By contrast, open opposition has become rare. Aside from Khosla, only a handful of prominent figures — including LinkedIn co-founder Reid Hoffman and entrepreneur Mark Cuban — have maintained public distance from Trump. While dozens of top venture capitalists now lean pro-Trump, outspoken critics can be counted on one hand.The divide carries consequences for tech workers, many of whom remain politically liberal even as their employers drift right. Over 450 employees from Google, Meta, Amazon, Apple, Microsoft, and OpenAI recently signed an open letter demanding their CEOs “pick up the phone” to stop ICE excesses. Khosla’s call for non-white employees to leave Musk’s companies is tapping into that tension, highlighting a widening gap between executive power and workforce values. As Trump settles deeper into his second term, Silicon Valley increasingly looks like a sector that has chosen alignment over resistance. Khosla, by contrast, is betting that dissent still matters — even if it leaves him standing nearly alone.
Business
Deliveroo launches restaurant booking service for London diners after US takeover
Deliveroo is set to significantly broaden its offerings beyond its core takeaway service, introducing a new feature that will allow customers to book restaurant reservations directly through its platform.
The initiative, named Deliveroo Reservations, is scheduled to launch initially in London this Thursday.
Customers will gain the ability to secure tables at a range of prominent London eateries, including Dishoom, Dove, Hide, Kricket, Barrafina, and Kolae. This expansion marks a strategic move for the company, which was acquired by US-based DoorDash for £2.9 billion last year.
The new reservation system integrates technology from SevenRooms, a restaurant booking platform business that DoorDash also purchased for approximately £900 million.
This integration follows DoorDash’s own expansion into restaurant bookings on its platform in the United States late last year, setting a precedent for Deliveroo’s latest venture.
This move is central to Deliveroo’s ambitions to grow beyond its established takeaway delivery model in the UK. While the feature will first be rolled out to restaurants in London, Deliveroo has indicated plans to extend the service across the wider UK later in the year.
Suzy McClintock, vice president for consumer and new verticals at Deliveroo, commented on the development: “This launch is about supporting restaurants to grow in new ways. Whether it’s a Deliveroo order or a reservation in store, we want to drive discovery, demand and revenue across every channel.”
She added: “By fully integrating SevenRooms into the Deliveroo app, we’re giving restaurants access to new customers and giving diners an easier way to discover and book some of London’s best tables – all in one place.”
Joel Montaniel, vice president and co-founder of SevenRooms, echoed this sentiment, stating: “Bringing reservations into the Deliveroo app gives London restaurants a new way to connect with diners and grow, while making it easy for consumers to discover and book great restaurants.”
Business
Warner Bros. Discovery books $2.9 billion net loss tied to Paramount deal, restructuring costs
An American flag flies at Warner Bros. Studio in Burbank, California, on Sept. 12, 2025.
Mario Tama | Getty Images
Warner Bros. Discovery on Wednesday reported a staggering net loss for the first quarter, but it has an explanation.
The company booked a net loss of $2.9 billion, far larger than the net loss of $453 million it reported in the year-earlier quarter.
The figure included $1.3 billion of “pre-tax acquisition-related amortization of intangibles, content fair value step-up and restructuring expenses” as well as the $2.8 billion termination fee that Warner Bros. Discovery owed Netflix after their pending transaction fell through in February.
Netflix walked away from its proposed deal to buy WBD’s assets after Paramount Skydance came in with a higher offer. Paramount agreed to pay the termination fee as part of its agreement to buy the entirety of WBD, but the cost lives on WBD’s books until the close of that deal.
Since the amount is refundable to Paramount under certain circumstances, such as if it were to terminate the deal with Paramount for a higher offer, the obligation would be shifted to WBD.
Paramount’s proposed acquisition received approval from WBD shareholders in April and is currently in the midst of a regulatory review process. On Monday, Paramount said in its earnings release that it has “made significant progress” toward closing the deal, which it expects to be completed in the third quarter.
WBD on Wednesday also reported first-quarter revenue that was down 1% year over year to $8.89 billion. The company’s adjusted earnings before interest taxes, depreciation and amortization was up 5% to $2.2 billion. WBD had $33.4 billion in gross debt at the end of the quarter.
Streaming continued to be a highlight for the company.
Total streaming revenue was up 9% to about $2.89 billion as subscriber revenue increased due to the expansion of HBO Max — WBD’s flagship streaming platform — in international markets. Advertising revenue for the unit was up 20% due to an increase in customers subscribing to the ad-supported tier.
The company said in a shareholder letter it exceeded its guidance of more than 140 million global streaming customers at the end of the first quarter, and it remains on track to surpass 150 million global subscribers by the end of the year.
WBD’s portfolio of pay TV networks, which includes CNN, TBS and the Discovery Channel, continued to weigh on the company. The linear TV networks reported $4.38 billion in revenue, down 8% from the prior year. The company said linear advertising revenue was down 11%, which was primarily driven by the absence of NBA media rights from its portfolio.
Revenue for the film studio division, meanwhile, increased 35% to $3.13 billion year over year.
Business
Arsenal’s Champions League win over Atleti sparked ‘record broadband traffic spike’
Virgin Media O2 recorded its highest-ever broadband traffic spike as millions across the UK tuned in to watch Arsenal‘s Uefa Champions League semi-final victory over Atletico Madrid.
Peak downstream traffic on the network surged by 17 per cent compared to an average Tuesday evening, marking an unprecedented event in Virgin Media’s broadband history.
This figure was 4.2 per cent higher than the previous record, established during Liverpool’s Champions League match against Real Madrid last November.
Jeanie York, chief technology officer at Virgin Media O2, commented on the phenomenon: “Live sport is one of the biggest drivers of broadband traffic in the UK and last night’s Champions League semi-final set a record on our network.
“As more people stream the biggest sporting moments from home, reliable, high-capacity connectivity has never been more important.”
Bukayo Saka delivered the decisive goal at the Emirates Stadium on Tuesday night as Arsenal secured a 2-1 aggregate triumph over Atletico Madrid to reach the Champions League final in Budapest on May 30 – their first on Europe’s grandest stage for 20 years.
And although Arsenal have received an official allocation of just 16,824 tickets from UEFA for the final at the 67,000-capacity Puskas Arena, Declan Rice wants the Hungarian capital to be a sea of red for the fixture against either Bayern Munich or Paris St Germain.
He said: “Bring it on, bring it on, I’ll be ready. I want every Arsenal fan out there, 200,000 of you, come out. Let’s try and do it because we’re going to need all the support, all the energy and let’s make it special.”
Mikel Arteta, meanwhile, hailed his “incredible” players for “making history” after securing the win.
Arteta said: “It was an incredible night. We made history again together and I cannot be happier and prouder for everybody that’s involved in this football club.
“The supporters were with us for every ball. They made it special and unique, and I have never felt it like that in this stadium.
“We knew how much it meant to everybody, we put everything on the line, the boys did an incredible job and after 20 years, and the second time in our history, we are back in the Champions League final.”
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