In a tweet, Musk wrote, “Tesla will make some merch buyable with Doge & see how it goes.” The news caused the cryptocurrency, created by software engineers Billy Markus and Jackson Palmer as a joke, to jump 24% to $0.195. Tesla sells merchandise such as apparel, belt buckles, mini models of its vehicles, and “Cyberquads” […]
Speaking to CNBC’s Wilfred Frost on Monday, Gorman said, “I was wrong on this [...] I thought we would have been out of it past Labor Day and we’re not.” Back in June of this year, the Morgan Stanley CEO told conference attendees that he would be “very disappointed” if his employees failed to return […]
Elon Musk has been named Time magazine’s “Person of the Year” for 2021, a year that saw Tesla become the most valuable carmaker in the world and Musk's space company SpaceX carry an all-civilian crew to the edge of space. Tesla’s market value rocketed to more than $1 trillion this year, making the electric vehicle […]
The billionaire business magnate shared his thoughts on the metaverse in a year-in-review post published on his personal website. “Within the next two or three years, I predict most virtual meetings will move from 2D camera image grids—which I call the Hollywood Squares model, although I know that probably dates me—to the metaverse, a 3D […]
Tweeting on Thursday, Tesla CEO Elon Musk said he is “thinking of” leaving his jobs to instead become an influencer. "It would be nice to have a bit more free time on my hands as opposed to just working day and night, from when I wake up to when I go to sleep 7 days […]
Whitman has spent decades in high-level corporate roles, taking eBay from $5.7 million to $8 billion in sales as CEO from 1998 to 2008. She then served as CEO at Hewlett-Packard from 2011 to 2015, where she oversaw its split into HP Inc and Hewlett Packard Enterprise. Alongside her corporate roles, Whitman has been politically […]
A new survey of 1,000 key decision-makers in business by YouGov found that 1 in 5 (21% of) business leaders are willing to re-evaluate their mental health policies to improve well-being in their organisation. YouGov found that 68% of businesses admitted to not having mental health support for their staff prior to the pandemic, with […]
Japanese billionaire Yusaku Maezawa has fulfilled his childhood dream today as he travelled to space as one of two passengers on board a Russian rocket headed for the International Space Station (ISS). Yusaku Maezawa, the founder of Japanese online fashion retailer Zozo, and his production assistant, Yozo Hirono, have become the first space tourists to […]
On Tuesday, a spokesperson for the company that runs the philanthropy of Facebook CEO Mark Zuckerberg and wife Priscilla Chan announced plans to invest up to $3.4 billion to advance human health over the next 10 to 15 years. The Chan Zuckerberg Initiative (CZI) announced its latest endeavour to “observe, measure, and analyze any biological […]
In a press release, the Bezos Earth Fund said it had awarded 44 grants to climate organisations, including a $140 million donation to President Biden’s Justice40 initiative and a $51 million donation to support land restoration in the US and Africa. The grants are part of Bezos’ $10 billion commitment to support scientists, activists, and […]
On Monday, luxury Swiss watchmaker Patek Philippe announced that it is making 170 special versions of its most popular timepiece — the Nautilus Ref. 5711 — as part of a partnership with Tiffany & Co. The surprise move comes almost a year after Patek Philippe discounted the famed timepiece, causing demand and prices to soar. […]
On Friday, Tesla CEO Elon Musk said that the electric vehicle manufacturer’s highly-anticipated cybertruck will first arrive with a four-motor variant. Turning to Twitter, the CEO wrote, “Initial production will be 4 motor variant, with independent, ultra-fast response torque control of each wheel.” Musk has labelled the cybertruck, constructed from stainless steel, as an “insane […]
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