Binance CEO Says He Is Open To Stepping Down

July 28, 2021
Speaking at a virtual press conference held on Tuesday, Changpeng Zhao said that, whilst he has no plans to quit his role for the time being, the company does have a succession plan in place. Zhao said that as Binance moves towards becoming a fully regulated financial institution, he would be “very open” to finding […]
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Tesla Quarterly Profits Top $1 Billion For The First Time

July 28, 2021
In the three months to the end of June, Tesla saw sales rise to $12 billion, a figure which has doubled from a year ago when its US factory was shut down. Over the same time period, the electric car manufacturer has said it delivered a record 200,000 vehicles to customers, adding that public support […]
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Egyptian Billionaire Naguib Sawiris To Launch $1.4 Billion Gold Mining Fund

July 27, 2021
Naguib Sawiris has said that creating a fund is the natural step after La Mancha vended-in its operational assets into Evolution Mining and Endeavour Mining in 2015. The fund will include La Mancha’s gold mining assets in Endeavour Mining, Evolution Mining, Altus Strategies, and Golden Star. The fund, which will be advised by La Mancha […]
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Billionaire George Soros Donates $1 Million To Racial Justice Organisation

July 26, 2021
Soros, known to regularly support Democratic congressional candidates and attorney generals, has donated $1 million to racial justice organisation Colour of Change PAC. The organisation, which supports the defunding of the police following the killings of George Floyd, Breonna Taylor, and many others, has called itself the United States’ largest online racial organisation. The $1 […]
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Steve Jobs’ First Ever Job Application Is Up For Auction As An NFT

July 23, 2021
The page-long application was written by Jobs after he dropped out of Reed College, three years before he co-founded Apple in 1976 alongside Steve Wozniak. The application says he was interested in electronics tech or design engineer positions, although doesn’t list a particular position or the company. Jobs’ listed his skills as computer and calculator […]
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Exxon Mobil Appoints First Woman To Management Committee

July 22, 2021
Mikell’s appointment as CFO and senior vice president follows a shakeup of Exxon’s board by activist investor Engine No.1 due to concerns over the energy giant’s corporate culture and its financial performance. Mikells will be the first woman and outsider to join Exxon Mobil’s management committee.  Mikells is set to join Exxon from September after […]
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Aston Martin Unveil Valhalla Plug-in Hybrid Supercar

July 21, 2021
British car maker Aston Martin have showcased the production version of the Valhalla. Complete with a new look and V8 engine.
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Vlad Tenev Could Be Worth $2.5 Billion After Robinhood IPO

July 20, 2021
Financial services company Robinhood is seeking a market value of up to $35 billion in its approaching initial public offering (IPO). The share price will sit between $38 to $42 per share, with the IPO marking the public coronation of the controversial financial services platform.  According to the SEC filing on Monday, Tenev and co-founder […]
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Power Resides in Your Ideas & the Value You Create to Users

July 19, 2021
Interview with Kevin Nolan, President & CEO of GE Appliances.
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Bill Gates And George Soros To Join UK Covid Testing Buyout

July 19, 2021
Gates will join the Soros Economic Development Fund in a deal to buy Mologic, the UK-based lateral flow test developer which has created 10-minute Covid tests. It is hoped that the tests will cost as little as $1 to produce. The covid-19 pandemic has demonstrated that lateral flow tests, previously most commonly used for pregnancy […]
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Nik Storonsky Set To Join Billionaire Club As Revolut Becomes The UK’s Most Valuable Fintech

July 16, 2021
Revolut is now the UK’s most valuable fintech firm ever, making co-founder Storonsky, who owns more than 20% of the company, a paper billionaire several times over. His net worth is estimated to sit around the $7 billion mark, up from $1.1 billion not long over a year ago in March 2020. Over the past […]
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Opel Names Renault Exec As Next CEO

July 15, 2021
Hochgeschurtz’s appointment comes at a time when Stellantis, of which Opel is a subsidiary, is entering into the electric vehicle’s market and expanding its commercial activities, including in China. Hochgeschurtz will succeed Michael Lohscheller, who has been at the helm of the Opel since 2017 but has now decided to take on a new challenge […]
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