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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 […]
Jonny Tooze, CEO of LAB Group, explains why he's in favour of embracing new ways of working. It's a luxury being a small business. With less than a hundred employees, making a change is really pretty simple. We discuss the idea, we assess the impact, we socialise it, we introduce it, and give a few […]
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 […]
In a statement released on June 23, the 90-year old billionaire said: “Society has a use for my money; I don't." Within the statement, he also announced he would be stepping down as a trustee of the Bill and Melinda Gates Foundation. This latest $4.1 billion donation takes Mr Buffett half of the way 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 […]
Just a month on from Norwegian exiting bankruptcy protection, the company’s CEO, Jacob Schram, is stepping down after 18 months in the role. Current CFO, Geir Karlsen, is set to take his place. Karlsen has been with Norwegian as its CFO since April 2018. He temporarily took on the position of CEO when former Bjorn […]
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 […]
The announcement was made on Thursday in a biography on the NHS England website. The biography stated that Baron Harding has stood down from her role as Chair of NHS Improvement, which she took on in 2017, during the recruitment process. Baroness Harding stood as the executive chair of the UK government’s coronavirus Test and […]
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