Bumble Exec Sarah Jones Simmer To Become CEO Of Startup Found

October 1, 2021
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 […]
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Salt Bae Opens Knightsbridge Restaurant Where A Steak Costs £630

September 30, 2021
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, […]
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Rolls-Royce To Switch To All-Electric Vehicles By 2030

September 29, 2021
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. […]
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Top Business Leaders Urge Brazil To Take A Leading Role In UN Climate Talks

September 29, 2021
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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Microsoft CEO Says Failed TikTok Deal Was “Strangest Thing” He’s Ever Worked On

September 28, 2021
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 […]
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Tesla CEO Elon Musk Praises China Amid Expansion Goals

September 27, 2021
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 […]
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Porsche Could Turn The 718 Into An All-Electric Sports Car By 2025

September 24, 2021
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, […]
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Toast’s Three Co-Founders Join Billionaire Club Following IPO

September 23, 2021
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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UK Employees To Gain Right To Request Flexible Working From Day One

September 22, 2021
Employers would also be obliged to respond to flexible working requests more promptly under the plan, which is being labelled a major reshaping of the way people work in the post-pandemic world. However, prior to the government document being officially released, unions are warning that the proposals fail to go far enough. They argue that […]
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Klarna CEO Says Market Volatility Makes Him Nervous About Potential IPO

September 22, 2021
In an interview with CNBC, Siemiatkowski said: “The volatility in the market right now makes me nervous to IPO, to be honest. I think it would be nice to IPO when it’s a little bit more sound. And right now it doesn’t feel really sound out there.” Swedish fintech Klarna is currently one of the […]
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Bill Gates Raises $1 Billion As Corporate CEOs Support Clean-Energy Push

September 21, 2021
BlackRock is making a five-year, $100 million grant to clean energy from its charitable foundation. Microsoft, alongside other supporters such as General Motors, American Airlines, and Bank of America, is providing a mix of equity capital and “offtakes”, or purchase agreements tied to the clean-energy projects. “We’re not doing this to make money,” Larry Fink […]
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Former Theranos Manager Says CEO Elizabeth Holmes Pushed Her To Validate Tests For Walgreens Rollout

September 20, 2021
Surekha Gangakhedkar told the court she printed off company documents to protect herself as she suspected the pending launch of the company’s blood-testing machines in Walgreens would end badly.  On Friday, eight years on from quitting her role at Theranos, Gangakhedkar testified at the criminal trial of her former boss, Elizabeth Holmes, the CEO and […]
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