World’s richest billionaire, Elon Musk now worth $243 billion as Tesla hits 8-week winning streak — Nairametrics

Despite tapering concerns at the world’s most powerful economy, Elon Musk appears unstoppable as he approaches the $245 billion mark for the world’s richest man. Bloomberg Billionaires Index data indicates that Musk is now worth $243 billion, surpassing Jeff Bezos’ fortune of $199 billion. Tesla and SpaceX CEO’s net worth has grown by $73 billion… World’s… Read More World’s richest billionaire, Elon Musk now worth $243 billion as Tesla hits 8-week winning streak — Nairametrics

World’s richest man, Elon Musk makes $43.3 billion in 9 months, now worth $213 billion

Data collected from Bloomberg Billionaires Index shows that in 9 months, Elon Musk gained $43.3 billion largely through his Tesla stock holdings, making him the richest person in the world worth 213 billion. At the peak of Tesla’s popularity, Musk briefly became the world’s richest tycoon, but now he has even more stock options since… Read More World’s richest man, Elon Musk makes $43.3 billion in 9 months, now worth $213 billion

A change to a Tesla LinkedIn profile renews speculation about an India Gigafactory

Another tiny development involving Tesla and India is seeing fresh chatter that the US automaker will place a Gigafactory in India. A recent change to the geographical location in the LinkedIn profile of Chandrashekar Chandramowleeswaran, a Tesla supply chain manager previously based in the Netherlands, caught the eye of Tesla’s fans in India. The profile now… Read More A change to a Tesla LinkedIn profile renews speculation about an India Gigafactory

Africa-Asia route investments boost international cargo volumes by 33.9% in Africa — Nairametrics

African airlines’ international cargo volumes increased by 33.9% in August, 2021 compared to August 2019. This is the largest increase of all regions across the globe. This was disclosed in data gathered by the International Air Transport Association (IATA) for global air cargo, which was shared with Nairametrics on Wednesday. IATA confirmed that the Investment… Africa-Asia… Read More Africa-Asia route investments boost international cargo volumes by 33.9% in Africa — Nairametrics

China is combating crypto with a push for the digital yuan — Quartz

As part of its quest to be an advanced economy, China initially appeared to embrace cryptocurrency. In 2011, just two years after bitcoin was born, the country opened its first bitcoin exchange. By 2016, as both a center of trading and a maker of equipment used to mine bitcoin, China was a deeply influential player… China… Read More China is combating crypto with a push for the digital yuan — Quartz

50 examples of #Corporations that failed to innovate ~ Katrina Aaslaid

1. Kodak Kodak, a technology company that dominated the photographic film market during most of the 20th century. The company blew its chance to lead the digital photography revolution as they were in denial for too long. Steve Sasson, the Kodak engineer, actually invented the first digital camera back in 1975. “But it was filmless photography,… Read More 50 examples of #Corporations that failed to innovate ~ Katrina Aaslaid

2Africa – Now the longest subsea cable in the world

The 2Africa consortium, comprised of China Mobile International, Facebook, MTN GlobalConnect, Orange, stc, Telecom Egypt, Vodafone and WIOCC, announced today the addition of a new segment – the 2Africa PEARLS branch – extending to the Arabian Gulf, India, and Pakistan. This extension will bring the total length of the 2Africa cable system to over 45,000… Read More 2Africa – Now the longest subsea cable in the world