July 11 will mark Virgin Galactic’s fourth test spaceflight and its first flight with a crew of four on board. Virgin Galactic founder Sir Richard Branson is aiming to beat fellow billionaire Jeff Bezos to space, with Bezos currently scheduled to make the trip on July 20. Virgin Galactic’s most recent spaceflight, on May 22, […]
82-year-old Mary Wallace “Wally” Funk, who spent six decades trying to reach space, will now join billionaire Amazon founder Jeff Bezos on the first crewed flight by his space company later this month. Wally Funk underwent training in the 1960s but was denied the opportunity for space travel due to widespread prejudices against women at […]
Chris Kubasik has been serving as vice-chair, president and chief operating officer of the combined company. Before the merger, Kubasik held the role of chairman, president, and CEO of L3. He has over thirty years of experience in the aerospace and defence industry. Kubasik will now take on the role of CEO of the Melbourne, […]
Dave Ralph, Lead Design Strategist at Seymourpowell, explores why brands must start to view the virtual economy as a viable source of future revenue. Your first encounter with the virtual economy may have been on your credit card statement. Several small transactions charged by a company you’d never heard of, that on joining the dots, […]
Musk said that it would be difficult to go public before the company’s cash flow has stabilised. However, in a tweet, he said that he would do his best to “give long-term Tesla shareholders preference.” The billionaire’s tweet came in response to a Twitter user asking whether Musk had any thoughts on a Starlink IPO […]
For some businesses, the covid-19 pandemic quickly pulled the brakes on AI projects as funds plummeted and customer demands altered or, in unfortunate cases, even vanished altogether. However, for those businesses lucky enough to be thriving throughout the pandemic instead of surviving, significantly larger AI budgets have become a sharp point of focus. According to […]
Robin Speculand, recognised pioneer and expert in strategy and implementation, details how companies can succeed in digital transformation. The broad reason why digital transformation is proving so extremely difficult for leaders is that it's not just about transforming their organisation but the identification and integration of new technologies that can result in the restructuring of […]
German automobile giant Audi has announced it will end the development of new internal combustion engine models by 2026, and will instead focus on full-electric drivetrains. Audi’s CEO, Markus Duesmann, made the announcement at a management meeting at the company’s Ingolstadt headquarters on Thursday. The transition will be gradual, with new diesel, gasoline, and hybrid […]
On Tuesday, Starlink’s president Gwynne Shotwell said that by September, SpaceX will be able to beam down Starlink satellite broadband to the entire globe, with around 1,8000 satellites already deployed. By mid-2027, SpaceX hopes to have launched around 42,000 Starlink satellites into low-Earth orbit. However, president Shotwell has said that SpaceX will need to receive […]
On Tuesday, Longyan’s city government education bureau said that Zhang Yiming, founder of multinational internet technology company ByteDance, will donate $77.35 million to the southeastern Chinese city for education. Zhang Yiming’s move is part of a wider trend by Chinese tech billionaires, who are keenly making donations, especially in education, amid a sudden and unprecedented […]
The German automobile giant has an 83.75% stake in the new venture, which has been named Cellforce. The Cellforce batteries will use silicon anodes, allowing them increased power density over conventional batteries. Regenerative braking will also fuel the batteries, they will be able to withstand high temperatures, and they will be capable of rapid charging. […]
Richard Farrell, Chief Innovation Officer at Netcall, explores the importance of combining technologies for business and enterprise. As technology continues to evolve at breakneck speed, we are often asked about its impact on the future of business and enterprise. What innovations should we be looking at next? How must we adapt to ensure that we’re future-proof? The […]
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