Elon Musk defamation trial: Tesla founder says ‘pedo guy’ tweet was ‘off the cuff’ December 4, 2019 Elon Musk insisted that his “pedo guy” Twitter comment directed a British diver involved with the rescue of 12 boys from a cave in Thailand was “off the cuff” as he wrapped up two days of testimony at his defamation trial today. The billionaire businessman apologised again to Vernon Unsworth, the diver who is seeking [...]
Tesla shares hit record high after beating revenue and profit estimates January 29, 2020 Tesla shares soared after reporting fourth quarter revenue and profit which beat analysts’ estimates. The company said its Model 3 and Model Y electric sport utility vehicle capacity should reach 500,000 units per year in the Fremont factory, sending it shares up 13 per cent in after hours trading above $655. Tesla’s stock has more [...]
Dentsu Aegis launches new UK marketing agency after mega-merger June 6, 2019 Advertising firm Dentsu Aegis has launched a new UK marketing agency after merging four of its existing brands. Read more: Dentsu Aegis buys creative agency BJL as it expands in the north Dentsu said its new agency, Dentsu X, will bring together skills in media, technology, creativity and data to offer a full-service proposition to [...]
If it can happen to Mark Cuban, it can happen to you July 23, 2021 Crypto AM's Jillian Godsil talks to 14 figureheads of cryptocurrency about DeFi and privacy.
Norwegian Air appoints new chief executive to lead it back to profit November 20, 2019 Norwegian Air has named Jacob Schram, a senior adviser at management consultant McKinsey, as its new chief executive. Schram, 57, takes up the mantle as the low-cost flyer struggles to soothe investors’ concerns about its finances. The Norwegian national will take over on 1 January. Read more: Norwegian Air cuts routes to US from Ireland [...]
Billionaire Elon Musk to attempt fresh Space X rocket launch in US national security mission December 20, 2018 Space X chief Elon Musk's Falcon 9 rocket is scheduled to attempt to launch again this afternoon, after two previously-scheduled launches this week were cancelled due to last-minute technical issues. The rocket is set to carry a satellite worth roughly $500m (£393.7m) built by Lockheed Martin up to space, taking off from Florida at around 2pm GMT. [...]
Bitcoin’s correlation with gold increased during equities market sell-off April 14, 2020 Last week the price of Bitcoin (BTC) rose from $7,100 at the start of the week to a $7,400 high before the flagship cryptocurrency endured another round of sell-offs that saw it drop to $6,700. Ethereum (ETH), the second-largest cryptocurrency by market capitalisation, also went from $150 to a $175 high before dropping back to [...]
The best (and weirdest) new gadgets from CES 2020 January 9, 2020 As difficult as it is to believe, 2019 has actually ended, slinking out of time’s backdoor like a scolded cat and into the history books under a chapter titled ‘Bloopers and Outtakes’. Of course, the annual changing of the calendar guards heralds many things – reflection, resolution, vegan steak bakes – but it’s also a [...]
Air Asia chief executive Tony Fernandes denies $50m bribery claims February 4, 2020 The chief executive of Malaysian airline Air Asia Tony Fernandes today denied allegations he was paid a $50m (£38m) bribe via his Formula 1 team by aircraft giant Airbus. Prosecutors alleged Airbus paid a bribe of $50m through sponsorship of the now-defunct Caterham F1 team which was owned by Fernandes to win orders from Air [...]
Awards 2023 January 4, 2023 The City is back, and so are the City A.M. Awards, recognising the best of the Square Mile, Canary Wharf and London’s business community – which has shown shown resilience, innovation and adaptability like never before over the past year. We’re delighted to host what will be a wonderful celebration of the capital’s rebound, but [...]