A telecom RF engineer turned SAP consultant, he automates the accounting logic that decides when companies can book revenue, the compliance layer most migration teams leave until an audit forces it. In 18 months, the software many of the world’s larges…
Porsche will cut another 5,000 jobs by 2035 under a second restructuring package agreed between management and labour representatives. The cuts come on top of 3,900 job reductions and an additional 500 announced by CEO Michael Leiters earlier this year…
Most of the money pouring into small nuclear reactors is chasing AI data centres. This round is chasing a date. Antares has raised $470mn, co-led by Paradigm and Caffeinated Capital, with Point72 Ventures, Shine Capital and Industrious Ventures joining…
This week’s Current Climate newsletter also looks at why Tesla’s founders are backing an anti-Cybertruck and Sila’s expanding production of silicon battery anodes.
A woman killed Criston Cole last night in House of the Dragon episode 6, but she wasn’t some random character.
A development bank has just minted a unicorn, and it took two years. Ominimo, a Budapest-based motor insurance startup founded by Serbian and Hungarian entrepreneurs, has closed a Series B led by the venture arm of the European Bank for Reconstruction …
Zhu Yiming got about $10bn richer on Monday. He has promised to give roughly $5.6bn of it away, and not to charity. The chairman of CXMT saw his fortune climb nearly 300% to $13.9bn when the memory chipmaker closed its Shanghai debut up 466%, according…
The headline number from Starship’s 13th flight is not 20 satellites. It is one word in SpaceX’s own flight report: intact. Starship lifted off from Starbase in Texas at 5:51pm on Friday, after delays and engine replacements pushed the attempt back. It…
Start with the number, because the number moved fast. Google has agreed to cover as much as $44bn of lease payments on data centres owned by other people, should the tenant default. It disclosed the figure last week. At the end of September the same co…
In today’s era of “polycrisis,” leaders need to refocus using a new health compass and best practices. And they need to critically reset now before “permacrisis” sets in.