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 […]
In August 2020, video-sharing platform TikTok was in talks to sell its US operations after the Trump administration threatened to ban the platform unless its parent company, ByteDance, found a US buyer for it. Tech giant Microsoft became a potential acquirer at one stage but backed out in September 2020 after Oracle was chosen to […]
The CEO’s comments come in a pre-recorded Q&A style stream at the World Internet Conference, which was hosted by the Cyberspace Administration of China. The comments mark the second occasion this month upon which Musk complimented China — a country that will play a vital role in the long-term success of Tesla. Less than two […]
Rumours of a battery-powered 718 have long been circulating, however, it’s now beginning to seem like more than mere speculation. According to Car and Driver, sources within the luxury car company have confirmed that an all-electric 718 is in fact in the works. Porsche’s EV will be built on the brand’s all-new sports car platform, […]
Toast co-founders Steve Fredette, Aman Narang, and Jonathan Grimm started the company in 2012 after their former employer, Endeca, was sold off for $1 billion. They chose to launch their restaurant hardware and software system in their home city, Cambridge, Massachusetts, by testing products on local restaurants, cafes, and bars. Company president Fredette owns 33.2 […]
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