Barack Obama just welcomed driverless cars September 20, 2016 The US President Barack Obama is on board with driverless cars, welcoming the technology's potential for increasing safety and reducing pollution on roads across the US as the country announces new rules for the vehicles. "In the seven-and-a-half years of my presidency, self-driving cars have gone from sci-fi fantasy to an emerging reality with the [...]
Oh my god, I can’t believe it: Spotify has 40m paid subscribers, its founder said today September 14, 2016 It seems Spotify founder Daniel Ek has taken a leaf out of Elon Musk's book: the Tesla tycoon is fond of using Twitter to make market-moving musings. And today Ek did just that: 40 is the new 30.Million. 😄 — Daniel Ek (@eldsjal) September 14, 2016 He was, of course, referring to the number of paid [...]
Elon Musk just went on a mini rant about the SpaceX Falcon fireball September 9, 2016 Tesla founder and tech-world entrepreneur Elon Musk has been on a mini-rant today about the explosion that engulfed his SpaceX Falcon-9 rocket last week. Musk's SpaceX is a space tourism company that is aiming to take humans to Mars by 2025. But the forward-looking group suffered a major setback during pre-launch testing last week, when it [...]
Jaguar powers up electric racing team September 4, 2016 Jaguar will lift the lid on plans for its electric Formula E racing team this week. The car, team, and sponsors are set to be unveiled on Thursday and will compete in the opening race of the Formula E season in Hong Kong next month. Jaguar Land Rover – owned by the Indian industrial giant [...]
Ten ways the electric car revolution will transform the global economy September 1, 2016 The world has begun a rapid switch to electric vehicles. In the first half of this year, worldwide sales were up 57 per cent to 285,000, despite low oil prices, and there are now more than 1m electric cars on the world’s roads for the first time ever. Last February, Bloomberg New Energy Finance (BNEF) [...]
Before the bell: What you need to know before the US market open August 24, 2016 It's another scorcher in London and the FTSE 100 is feeling the heat, though European markets are broadly mixed as they digest the Bank of England's latest bond-buying spree. Here's what you need to know before the market open at 2:30pm London time. The S&P is up by 0.8 per cent in the pre-market, while the Nasdaq [...]
Elon Musk just revealed a “ludicrous” move for Tesla’s product range August 23, 2016 Tesla has today announced revamped versions of its Model S and Model X, which will take advantage of a more powerful battery pack. Chief executive Elon Musk has revealed the upgraded vehicles will take advantage of a feature called "Ludicrous mode" to offer the fastest acceleration among Tesla's offering so far. "I think this is going to send a [...]
Fancy driving a Tesla? You can rent one from Heathrow Airport August 17, 2016 Horses were a cool way of getting around. You couldn’t ride one into a tree or over the edge of a cliff, even if you tried. You could fall asleep on them and safely wake up in the stable next to your house. They eat nothing but hay and poop out pure, nutrient-rich horse puddings. [...]
Great expectations: Are ambitious goals a recipe for success or demotivation? August 17, 2016 Tesla chief executive Elon Musk outlined last month an update to the “master plan” he published a decade ago. He was vague on detail, but the car manufacturer is to develop electric cars, trucks, buses, and an app through which customers will be able to lease their vehicle. Next to his other venture, Space X, [...]
Barter for a living: Astus co-founder Frances Dickens talks media barter, tackling China and risk aversion August 15, 2016 "I can't think of anything more stupid than setting up my own media barter company,” says Frances Dickens candidly. “But it has worked.” Since 2003, the Astus co-founder and her partner Paul Jackson have grown Astus into the largest barter company in the UK, Ireland and Australia, and with it, the size of the market [...]