The deal was shaken upon on Monday following weeks of speculation about Twitter’s future after Elon Musk’s emergence as the platform’s largest single shareholder on 4 April. On 14 April, Musk announced a takeover bid, offering $54.20 per share in the social media giant. Though initially opposed to the takeover, Twitter’s board warmed to the […]
During his time as head of B&M, which he bought with his brother in 2004, Arora has turned the retailer into an FTSE 100 giant, with 1,100 stores across the UK and France. However, Arora has faced criticism for basing the company in Luxembourg, where corporate tax rates are lower than those in the UK. […]
The Octopus, which was added to the Camper & Nicholsons charter fleet in 2021, is set to spend the summer in Central America, Northern Europe and the Pacific, before setting sail South in late 2022. From here, the yachting company’s seven-day tour of Antarctica will allow adventurers the opportunity to experience some of the most […]
John Piasecki, CEO of PIAC, known for its long history of developing experimental aircraft, has said his company will be undertaking the world’s first human-carrying flight tests aboard EDM aerotec’s CoAX-2D helicopter. According to EVTOL.news, the hydrogen-powered aircraft will use an 80-kW HyPoint high-temperature proton-exchange membrane (HTPEM) fuel cell. EDM aerotec will collaborate with PIAC […]
On Monday, Tesla and SpaceX CEO Elon Musk said that Twitter’s board of directors will not receive a salary if his acquisition of the company is successful. In a Tweet, Musk wrote, “Board salary will be $0 if my bid succeeds, so that’s ~$3M/year saved right there.” Presently, Twitter spends approximately $2.9 million in cash […]
Speaking to CNBC, Antoni Trenchev predicted the world’s largest cryptocurrency would surge above the $100,000 mark within the next 12 months, though said he was concerned about Bitcoin’s short-term prospects. Trenchev said the cryptocurrency may fall in tandem with traditional financial markets as the Federal Reserve begins its monetary stimulus programme. However, this could potentially […]
Kurt Cobain’s left-handed 1969 blue Fender Mustang will go under the hammer with Julien’s Auctions at the end of May as part of the auction house’s three-day Music Icons event. Cobain can be seen playing the guitar in the music video for Smells Like Teen Spirit, which depicts a riotous high school pep rally inspired […]
According to new research, businesses looking to survive the “Great Resignation” should consider offering remote and flexible working options, though remain aware that this alone isn’t necessarily enough to retain top talent. HR software provider CIPHR recently surveyed over 220 UK employers to discover how the increasingly competitive talent market has impacted their recruitment drives […]
In an unexpected U-turn, Tesla CEO Elon Musk will no longer be joining the board of Twitter, reversing a collaboration announced just last week by the social media giant. Turning to Twitter, the company’s CEO Parag Agrawal wrote: “Elon Musk has decided not to join our board [...] The Board and I had many discussions […]
The Magneto 2.0 is based on Jeep’s traditional Wrangler Rubicon SUV, though offers a significant increase in performance, such as achieving 0-60 mph in just two seconds, in line with Tesla’s ultra-performance Plaid models. This is notably faster than the Wrangler Magneto 1.0, at 6.8 seconds. To achieve this, Jeep said the Magneto 2.0 is […]
Tesla and SpaceX CEO Elon Musk has been given a seat on Twitter’s board following the news that the billionaire is now the social media giant’s largest shareholder with a 9.2% stake. On Tuesday, Twitter CEO Parag Agrawal tweeted, “Through conversations with Elon in recent weeks, it became clear to us that he would bring […]
Comité Permanent du Salon International de l’Automobile, which runs the Geneva International Motor Show, made the announcement in a simple “Save The Date” post on the show’s website on Monday. “We are very happy to confirm you that the Geneva International Motor Show will be on from February 14th to February 19th 2023 in Palexpo, […]
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