PayPal co-founder Peter Thiel talks quarter-life crises and how to tackle the state November 2, 2014 It's not every day that you get to speak to Silicon Valley royalty. And Peter Thiel, co-founder of PayPal, first outside investor in Facebook, fund manager, and leader of multiple firms, is a dynasty heavyweight. Having just published his new book, Zero to One, he’s keen to talk about some of his latest ideas. [...]
Orbital Sciences Corp share price plunges: Nasa video shows Antares space station rocket explosion October 29, 2014 Shares in Orbital Sciences Corp have fallen faster than its Antares rocket in US pre-market trading overnight, dropping as much as 16 per cent after its mission to the International Space Station exploded spectacularly seconds after launch. The unmanned rocket was taking 5,000 pounds of supplies to the space station, but exploded shortly after it [...]
Elon Musk: “We need to be careful with artificial intelligence” October 27, 2014 Elon Musk may have made millions from technology, but that doesn't mean he doesn't worry about it bringing about a Terminator-style end to humanity. During a talk to students at the Massachusetts Institute of Technology, the SpaceX-Tesla-PayPal tycoon warned that "we should be very careful" about how we use artificial intelligence, adding it could be humanity's [...]
Tesla Motors share price after self-driving car fails to materialise – but the Model D is still pretty cool October 10, 2014 Tesla Motors share price dropped yesterday, and is expected to fall further today, after the much anticipated self-driving car failed to materialise. Company chief executive Elon Musk had fuelled speculation that Thursday night would see a big reveal when he tweeted that it was “about time to unveil the D and something else”. [...]
Why Elon Musk is the world’s greatest chief exec October 3, 2014 Aside from having a name that sounds like an elongated cologne, Elon Musk is a true innovator. Having co-founded PayPal in 1999 before selling it to eBay for $180m, Musk went on to launch Tesla, a company that designs, manufactures and sells electric cars. Founded in 2003 by a bunch of engineers who wanted to [...]
Love your job and work hard. Avoid these two myths posing as career advice September 17, 2014 Hard work isn’t all, and following your heart may well end in tears. "Choose a job you love and you will never have to work a day in your life,” Confucius is thought to have said. It’s a rousing thought. But like numerous other seductive one-liners posing as career advice, it hides more than [...]
Elon Musk’s SpaceX wins Nasa commercial flight contract September 17, 2014 It’s a good day for PayPal founder Elon Musk; his SpaceX corporation has been selected by Nasa as one of the two firms to design crew capsules for transporting astronauts to the International Space Station (ISS). The Commercial Crew Development programme has awarded SpaceX and Boeing a combined sum of $6.2bn to develop the capsules. [...]
Boeing and SpaceX will share a $6.8bn space taxi Nasa contract September 16, 2014 NASA yesterday revealed Boeing and SpaceX will share a $6.8bn (£4.2bn) contract to fly astronauts to the International Space Station (ISS). Massive aerospace and defence company Boeing will get $4.2bn from Nasa to use its CST-100 capsule to ferry astronauts to the ISS. Meanwhile SpaceX, founded in 2002 by former Paypal entrepreneur and Tesla Motors [...]
Why shares in Elon Musk’s Tesla dropped 9 per cent yesterday September 16, 2014 For several years now, Tesla and Paypal founder Elon Musk has been able to do no wrong. Having founded the company which is doing for the electronic car what the iPod did for MP3 players, his status has been upgraded from "tech legend" to "tech god" – as shares in his company underwent a similar [...]
Tesla share price climbs as expectations soar August 11, 2014 Tesla looks like breaking its share price record today after Deutsche Bank upgraded its stock rating to buy, from hold. Deutsche joins Morgan Stanley (MS) in giving Tesla a buy rating, with MS putting a stock target of $320. The German bank decided to upgrade Tesla on the basis of its forecasts at the end of [...]