Back in May, we wrote about Zhang Yiming, founder of TikTok parent company ByteDance, after he announced his resignation as CEO because he lacked the social skills to be an ideal manager. “I’m not very social,” Zhang said in a statement. […]
When Tesla CEO Elon Musk went to bed on Sunday night of October 25, his net worth stood at $254 billion. When the market closed at 4:00 PM EST Monday, Musk’s net worth was $290 billion. That’s right, a $36 billion […]
Tesla CEO Elon Musk is known for stirring the pot and setting the internet ablaze with his cryptic tweets. Now the world’s richest person has decided to do it in another language. Yesterday evening, Musk posted a tweet with the […]
Nuro, a developer of autonomous driving technology backed by two former Google engineers, has raised an additional $600 million in Series D funding round to speed up efforts to commercialize its robotic delivery services. The announcement comes two years after […]
What started over four decades ago as an adventure game between two undergraduate students has now turned into a multi-billion dollar industry. In 1978, ARPANET, the network that became the basis for the Internet, was linked to the University of Essex, Colchester, […]
In late August, China banned kids from playing online games for more than 3 hours per week to safeguard their physical and mental health. The new policy, which went into effect September 1, applies to companies providing online game services to minors, […]
Payment processing has come a long way in recent years. The growing popularity of online shopping and the use of quick pay options in brick and mortar stores has forced companies to rethink old practices and spurred innovation. In September […]
Acacia Research Corp, a California-based tech company that partners with patent owners including inventors and universities to license patents that are infringed, has made a $790 million cash offer to acquire Comtech Telecommunications Corp, according to an exclusive report from Reuters, […]
Fraud and money laundering, already a critical challenge to all digital transactions, have been on the rise due to the global instability brought on by the COVID-19 pandemic. Investigations such as the Pandora Papers have also reignited concerns on AML compliance and […]
In July, electric vehicle startup Rivian announced it raised $2.5 billion in funding led by Amazon and Ford to bring electric pickup trucks and delivery vans to market. With the success of Tesla, Rivian is now one of the dozens […]
Since the pandemic began over 18 months ago, health experts have repeatedly said that we will achieve herd immunity when about 70% of the population is immune to SARS-CoV-2, either through vaccination or natural immunity by having Covid-19. Unfortunately after ten […]
Last week, more than 100 scientists, nuclear engineers, and others were being fired due to a vaccine mandate at Los Alamos National Laboratory. According to the report, dozens of top nuclear scientists with “highest security clearances in the nation” and […]
This is a busy week for big tech companies. It all started on Monday after rental car company Hertz announced it was buying 100,000 Tesla vehicles to build out its electric vehicle rental fleet in a deal valued at roughly $4 billion. Immediately […]
Musculoskeletal conditions are the leading contributor to disability for billions around the world, with low back pain being the single leading cause of disability in 160 countries. According to data from the World Health Organization, there are approximately 1.71 billion […]
In a move that in some ways resembles Google’s big corporate re-brand to ‘Alphabet’ in 2015, yesterday, Facebook announced yesterday that it has changed its corporate name to Meta. The social giant unveiled the new identity 17 years after its inception. […]
This week, Elon Musk made another history after his electric car company Tesla becomes the first automaker to surpass the $1 trillion market capitalization. Musk’s net worth also soared by a $36 billion gain on Monday, pushing his net worth about […]
As we reported yesterday, many countries are now turning back to coal as renewables fail to meet the increasing energy demands, causing skyrocketing electricity prices in Europe and blackouts in countries like China and Lebanon. Now, it appears the energy crisis […]
Ecommerce has gone global and businesses around the world are now competing for the same customers. Today, customer relationship and brand loyalty are now critical for any organization looking to retain existing customers and attract new ones. However, customer relationship […]
Over the years, SoftBank Group has primarily invested in unlisted technology startup companies. But that changed in September 2020 after the company announced that it has bought a $1.2 billion stake in e-commerce firm Amazon. With billions of dollars in the […]
Former US President Benjamin Franklin once said, “If you fail to plan, you are planning to fail.” That’s the case with government planners and decision-makers responsible for developing and implementing the energy transition plan that moves us away from fossils to […]
