Elon Musk’s SpaceX successfully returns its Falcon 9 rocket after sending it to space in breakthrough for reusable rockets December 22, 2015 Activist billionaire Elon Musk’s SpaceX has sent its Falcon 9 rocket into space and back again – an important breakthrough for reusable rockets in space exploration. The first stage of the Falcon 9 gently touched down at Cape Canaveral 10 minutes after lift-off, to employees’ cheers. This was SpaceX’s first flight since June, when one of its rockets exploded [...]
VW: Will it go from Naughty to Nice in 2016? – CNBC Comment December 22, 2015 Volkswagen’s Supervisory Board has taken bold steps in the final weeks of 2015 to put the diesel cheating scandal to rest. But with three days to go before Christmas, I expect Santa has made his list, is checking it twice, and is sending a sleigh full of coal to the carmaker’s Wolfsburg headquarters. That’s because [...]
Top business books of 2015: From Walter Isaacson’s Innovators to The Untold Story of Bitcoin, here’s your Christmas reading list December 19, 2015 It’s been another roller-coaster year for businesses in 2015. From plummeting oil prices to an impending interest rate hike, authors have done their best to educate their readership on… well, pretty much anything. Here are our favourite reads of 2015. You’ll find a little bit of everything for everyone – from advice on time-management to inspiration on becoming the next big entrepreneur. Innovators: [...]
Hyperloop: Elon Musk’s crazy transport system just came a step closer to its 2020 launch goal as it’s about to be tested in Nevada December 9, 2015 Hyperloop, the ambitious (some may say crazy) project to build a high speed transport system that would shoot people from A to B in pods travelling almost at the speed of sound, will begin testing its technology as soon as spring 2016. The brainchild of Tesla and Space X entrepreneur Elon Musk, work will begin on testing [...]
In praise of Simon Danczuk MP: A Great British contrarian who can’t be silenced November 26, 2015 Disruption is in vogue. Airbnb, Uber and BlaBlaCar are all cases in point. Their tech-savvy founders are turning conventional wisdom on its head to deliver services to customers in new ways. This is laudable and exciting. It is also about more than making money. Take Elon Musk, arguably the most daring entrepreneur of our time. [...]
Electric car charger POD Point launches £1.75m fundraising on Crowdcube November 9, 2015 POD Point, which builds charging points for electric cars, has announced a £1.75m crowdfunding campaign on Crowdcube to help drive its expansion. The company is looking to raise £1.5m with an equity sale, amounting to around five per cent of the company, and £250,000 with an eight per cent bond over a three year period. [...]
Tesla share price surges 10 per cent on open as firm reports jump in revenue November 4, 2015 Shares in Tesla Motors leapt up 10 per cent on market open today, after the firm reported revenue of $936.8m (£607.5m) for the third quarter of 2015, up 10 per cent from $851.8m in 2014, late last night. The company recorded net losses of $229.9m during the three months to 30 September, widening losses of $74.7m reported in the [...]
British banks eagerly await Visa statement – New York Report November 1, 2015 Visa is the one to watch in the US today, as Britain’s banks line up for a payout from the £14bn sale of Visa Europe. The payments company is expected to be bought out by the US company Visa Inc, when it reports results later on. Tesla, the maker of electric cars, is set to [...]
Tesla Autopilot fail: Driverless car developers need to stop prioritising speed over market safety October 23, 2015 Last week, amid a wave of anticipation, Tesla released a software update that propels us one step closer to a world of driverless consumer vehicles. The Autopilot software will allow cars to change lanes at the flick of a switch, detect other vehicles, adjust speeds in response to traffic and even park themselves. How do [...]
Back to the Future 2 Day October 21, 2015: Seven of tech’s biggest entrepreneurs and what they were doing back in 1985 October 21, 2015 It’s not just the technology that’s different on Back to the Future Day (the day which Marty McFly travels to from 1985 in the second instalment of the film). The world’s best known entrepreneurs who have changed the way we live in the last 30 years were living very different lives back in 1985 when [...]