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 […]
Champagne Henriot has named the release Les Mémoires, which comprises three bottlings dating as far back as the 1950s. The Champagnes hail from vintages 1959, 1971, and 1981 and have been meticulously aged in Henriot’s cool cellars in Reims, northeastern France. In the spring of this year, the rare bottlings were disgorged by hand, then […]
On Thursday, Aston Martin announced that Chief Financial Officer Kenneth Gregor is set to step down from his role at the company due to personal reasons. Gregor has served as CFO to the luxury carmaker for the past 18 months. In a statement, Gregor said: “I am proud of what I have achieved in my […]
Speaking to Reuters, Prada marketing chief and heir Lorenzo Bertelli said that the fashion house sees opportunity in the booming second-hand fashion market, which it believes it can develop both through partnerships and in-house. Over recent years, the market for pre-owned luxury goods has surged, largely driven by younger, more environmentally-conscious consumers. According to a […]
According to a new report by thredUP, the world's largest fashion resale platform, the second-hand market for luxury goods will double in the next five years, reaching $77 billion by 2025. thredUP’s report shows that millions of shoppers are buying from second-hand stores and marketplaces instead of traditional retailers as more and more people become […]
It has been confirmed that Jack Dorsey will step down as Twitter’s chief executive officer with immediate effect. The company’s chief technology officer, Parag Agrawal, is set to take over the role. Dorsey had been serving as chief executive to both Twitter and digital payments company Square, which Dorsey founded in 2009 alongside Jim McKelvey. […]
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