The new policy was announced in a blog post and is a change from Amazon’s previous expectations that most staff members would return to the office at least three days a week when offices reopen in January. The message was signed by Amazon CEO Andy Jassy and said that it is ultimately for the company […]
The funding follows Personio’s $125 million Series D funding last January, bringing the total capital raised by the company to over $500 million. The company, which produces human resource software for small to medium-sized businesses, plans to use the funds to launch a new people workflow automation software for SMEs. The software would automate HR […]
Nick Beighton has served as ASOS’ Chief Executive since September 2015, having joined the company 6 years earlier. Beighton will now step down from the company with immediate effect as ASOS searches for new leadership to further accelerate its international growth. ASOS has already started to look for Beighton’s successor. In the meanwhile finance chief Mat […]
On Thursday, Tesla Chief Executive Elon Musk said he plans to move the electric carmaker’s headquarters from Silicon Valley’s Palo Alto, California, to Austin, Texas, where the company is building a massive car and battery manufacturing complex. Tesla joins Oracle, HP, and Toyota in moving its headquarters from California to Texas. While Silicon Valley is […]
On Wednesday, the world’s premiere motorsport unveiled plans to develop its own 100% sustainable fuel. It is hoped that the new fuel will help save the internal combustion engine by bringing the carbon emissions of Formula 1 cars down to net-zero. F1 had already planned to switch to cleaner-burning fuel, E10, next season, but has […]
Gulfstream Aerospace has described the G800 as the longest-range aircraft in the Gulfstream fleet while the G400 has been described as the first new entrant to the large-cabin class in over a decade. The G800 will eventually come to replace the G650ER, with an 8,000-nautical-mile range at Mach 0.85 and a 7,000-nautical-mile range at Mach […]
Forbes reported that Mark Zuckerberg has lost $5.9 billion off the back of the global outage of Facebook, Instagram, and WhatsApp, with the company’s share price slipping 4.8% following the interruption of service. The outage is also expected to prove costly for Facebook from a sales perspective. The company makes approximately $330 million per day […]
Indonesian e-commerce startup Ula launched last year and has since raised over $30 million and courted several high-profile investors. It has now won the trust of the world’s richest man, with Bezos investing in the company’s new financing round. In a statement released on Monday, it was announced that Bezos Expeditions, Northstar group, AC Ventures […]
Jones Simmer joined Bumble as its COO in 2017 where she laid the foundation for the company’s entire initial public offering whilst simultaneously battling Stage 3 breast cancer. She completed drafts of the S-1 from a chemo chair and sent it to the board the morning of her double mastectomy. Jones Simmer says her decision […]
Image by Terron F.Beckham, CC BY 3.0, https://commons.wikimedia.org/w/index.php?curid=73357393 “Salt Bae”, whose real name is Nusret Gökçe, became a viral meme four years ago for his technique for preparing and seasoning meat. With an impressive following of 38 million on Instagram, the Turkish chef owns Nusr-Et, a chain of restaurants with several branches around the globe, […]
Rolls-Royce joins a list of other premium brands making the switch to electric vehicles, such as Volkswagen’s Bentley and Jaguar’s Land Rover. In a statement, it said that its first fully electric-powered car, named Spectre, will land on the market in the fourth quarter of 2023. Tests on the vehicle are expected to begin soon. […]
The business leaders, mostly chief executives of Brazillian companies, released a joint statement warning that Brazil could be “excluded from a new economic-climate order that is unfolding before our eyes.” Signatories included the local chiefs of Amazon, Shell, Embraer, and the global chief executives of the world’s largest meatpacker JBS. "Brazil should maintain its central […]
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