SpaceX CEO Elon Musk has announced that the Starship rocket is close to being ready to go orbital. However, the rocket’s launch now depends on the Federal Aviation Administration, which will not issue the vehicle permission to fly until an environmental assessment is complete. "I think we're tracking to have the regulatory approval and hardware […]
Van Beurden’s 190,000 shares were sold at an average price of £20.40 per share, one day before they reached their highest level since January 2020 at £20.80. According to the company filing, the CEO’s sale totalled at £3.876 million. Van Beurden has led Shell since 2014. Last Thursday, van Beurden said “I still believe that […]
Ford has revealed the 2022 GT Alan Mann Heritage Editon ahead of the vehicle making its public debut at this year’s Chicago Auto Show. The exclusive model is based on two lightweight GT40 Mk II prototypes that were built by Alan Mann Racing and helped inform the final Mk II that achieved victory at the […]
The space company said that its 40 destroyed satellites — which had been part of a planned satellite constellation, intended to eventually provide continuous internet coverage for the majority of the globe — would now fall back to Earth. However, SpaceX assured the public that there was no risk of collision with Earth as the […]
The house building firm has said Daly, who currently serves as group operations director, will replace Pete Redfern as company CEO after he announced his resignation in December after almost 15 years leading the company. According to Taylor Wimpey, Daly’s appointment follows a “thorough recruitment and selection process” which included a long list of industry […]
Mark Zuckerberg saw $29 billion fall from his overall net worth on Thursday as Meta’s stock experienced a record one-day plunge. Meanwhile, Amazon founder Jeff Bezos pocked an additional $20 billion following the e-commerce giant’s blockbuster earnings. Meta’s stock plunged 26%, erasing over $200 billion in the largest-ever single-day market value wipeout for the US […]
According to MetaMetric Solutions, real estate sales on the four major metaverse platforms hit $501 million in 2021 while sales in January 2022 topped $85 million. At this pace, MetaMetric Solutions projects that sales could reach almost $1 billion this year. The recent surge in sales was sparked by Facebook’s October announcement that it was […]
Bucherer, which acquired Tourneau and its 30 retail outlets in the US in 2018, has just opened a new Rolex shop, located on Chicago’s Magnificent Mile on North Michigan Avenue, just two blocks away from the previous Rolex boutique. The new shop is around 500 square feet larger and is well-stocked with all the best […]
Student Jack Sweeney created the Twitter bot, which tracks Musk’s Gulfstream private jet and posts real-time updates of its location. Since discovering the Twitter bot, Musk has pleaded with Sweeney to delete it: “Can you take this down? It is a security risk,” Musk said. In a direct message to Sweeney, Musk also said, “I […]
Rihanna’s Clara Lionel Foundation (CLF) has joined forces with former Twitter CEO Jack Dorsey’s #StartSmall initiative to donate a combined $15 million to 18 different climate justice groups. The grants will be awarded to organisations that focus on and are led by “women, youth, Black, Indigenous, people of colour and LGBTQIA+ communities” in the United […]
LVMH, which owns brands from Fendi to Hennessy Cognac and Sephora, said on Thursday that its fourth-quarter sales growth accelerated, hitting €20.02 billion overall. The growth was primarily led by the group’s largest earners, Louis Vuitton and Christian Dior. Louis Vuitton and Dior propelled a 28% increase in sales of fashion and leather goods — […]
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