Harvard grad and former pro hockey player Kyle Clark’s startup Beta is on the verge of bringing workhorse battery-powered cargo planes to America’s skies that can take off and land like helicopters. When he played minor league hockey in the early 2000s, Kyle Clark says his teammates would spend the long bus rides talking about…
Share to FacebookShare to TwitterShare to LinkedinTopline Elon Musk, CEO of Tesla and SpaceX and the richest person in history, was named Time magazine’s Person of the Year for 2021 on Monday, capping a year of accomplishments and controversies for the billionaire. Elon Musk speaks at the Satellite Conference and Exhibition in Washington, D.C. on…
Share to FacebookShare to TwitterShare to Linkedin Every search on Ecosia helps reforestation efforts around the world. Shane Thomas McMillan When many of us have a question, want to find something nearby, or are looking for information, we think, “I’m going to Google that.” Google is the world’s predominant search engine, commanding more than 90%…
Better.com CEO Vishal Garg FRED R. CONRAD /The New York Times A week after firing 900 employees during a Zoom call, Vishal Garg, the CEO of Better.com, is taking leave “effectively immediately,” according to an internal memo sent to employees Friday. In the note sent to employees seen by Forbes, Paula Tuffin, the fintech company’s…
Share to FacebookShare to TwitterShare to LinkedinTopline A booster shot of the Pfizer/BioNTech Covid-19 vaccine provides sufficient protection against the omicron variant of the coronavirus, Pfizer and BioNTech announced Wednesday based on early results from an initial lab study of the variant, which also showed just receiving two shots of the vaccine may protect against…
Share to FacebookShare to TwitterShare to LinkedinTopline Tesla CEO Elon Musk criticized the Biden administration’s proposal to boost subsidies on electric vehicles (EV) in an interview with the Wall Street Journal on Monday, where he also reiterated his opposition to efforts by Democrats to tax billionaires. Tesla CEO Elon Musk said he hoped Biden’s Build…
Share to FacebookShare to TwitterShare to Linkedin Working late on a laptop in an office getty Ongoing technological advancement is perhaps the single biggest force shaping the modern business landscape. Breakthroughs in artificial intelligence, cryptography, robotics, virtual reality, and countless other fields seem to happen every day, creating new business opportunities and altering consumer behavior…
Share to FacebookShare to TwitterShare to Linkedin“As a result, the market started to do much of the stabilizing for us, selling sterling when it approached DM3 and buying sterling whenever it dipped below it.” The above quote is from The View From No. 11, Nigel Lawson’s autobiographical account of his tenure under Margaret Thatcher as England’s…
Now that the post-Thanksgiving food coma has worn off, Elon Musk has resumed selling Tesla shares with unprecedented vigor. He exercised options to buy 2.1 million shares on Thursday, according to Securities and Exchange Commission filings, and immediately unloaded 924,091 shares, worth about $1 billion, to cover the tax bill from the transaction. All told,…
Share to FacebookShare to TwitterShare to Linkedin Despite mounting concerns from investors, exchanges, and litigators, the SEC’s crypto approach of … [+] regulation by enforcement has faced little push back from Congress of the Biden Administration. getty Last Wednesday, the current and previous chairmen of the Securities and Exchange Commission (SEC) shared what was billed…
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