Artificial intelligence: people – not robots – are in the driving seat December 15, 2020 Like it or not, artificial intelligence (AI) is already part of our daily lives. From smartphones to Alexa virtual assistants, AI and its applications are accepted norms today.While we appreciate that AI can automate repetitive workplace tasks or even drive a car, its implications are much further reaching. Luminaries including Elon Musk and Bill Gates [...]
On the charge: Tesla breaks $500bn market valuation after stock rally November 24, 2020 Tesla has broken through the $500bn (£375bn) market value mark following a mammoth rally that has seen its share price rise more than sixfold this year. The company’s shares were opened more than five per cent up today to give the firm a market cap of $519bn. The growth will round off an historic year [...]
Wall Street hits record high on vaccine hopes and Biden transition November 24, 2020 US stocks pushed to record highs this afternoon as investors welcomed positive and signs that US President Donald Trump is accepting his election loss. The Dow Jones climbed 1.6 per cent to set a new record high, trading above 30,000 points for the first time. The gains mean it is on track to cement its [...]
Need a way out of recession? Look to the stars November 23, 2020 “We choose to go to the moon in this decade and do the other things, not because they are easy, but because they are hard; because that goal will serve to organize and measure the best of our energies and skills.” These words by President John F. Kennedy are as important today as they were [...]
Satellite firm Oneweb relaunched after UK government bailout November 20, 2020 Troubled satellite firm Oneweb has formally emerged from bankruptcy after it was rescued from collapse by the UK government and Indian billionaire Sunil Bharti Mittal. The low earth orbit satellite firm today said it has left Chapter 11 bankruptcy protection and is now targeting a return to flight on 17 December. It comes after the [...]
Mudge: Why has Twitter just hired a world-famous hacker? November 17, 2020 Twitter may have been awash with excitement about its new disappearing Fleets service, but behind the scenes there were other clandestine matters underway today. The social media platform said it had hired Mudge, one of the world’s best-regarded hackers, to the new position of head of security. The appointment comes at a crucial time for [...]
Tesla shares pop again on confirmation that firm will join S&P 500 November 17, 2020 Tesla shares jumped 14 per cent yesterday after it was announced that the electric car maker would join the S&P 500 index in December. The admission comes on the back of five consecutive quarters of profit at the California-based firm, which has thrived amid the coronavirus pandemic. Shares in Elon Musk’s company have risen around [...]
Number of Tesla cars on UK roads triples in past year November 11, 2020 The number of Tesla cars on UK roads has more than trebled in the last year, new data from accountants UHY Hacker Young has shown. As of March, there were 90,900 models of the electric car in this country, up a whopping 336 per cent on the previous year. The rise in ownership comes on [...]
Tesla cracks revenue record and beats estimates, shares take off October 21, 2020 Tesla on Wednesday reported its fifth consecutive quarterly profit on record revenue of $8.8bn (£6.7bn), boosted by an uptick in vehicle deliveries and sales of environmental regulatory credits to other automakers. The electric car maker also affirmed its target to deliver half a million vehicles by the end of this year, a goal that will [...]
New wealth to be made and lives to be saved by democratising space October 16, 2020 Many of us forget that a large portion of our daily lives and activities are based around technology and data that originated from space applications. These range from influencing how the crops you consume yield to the visualizations your favorite artist uses during their concert. With the Space market set to reach a trillion dollars [...]