Saturday, 27 Apr 2024
Month: October 2018

Cowboy, the e-bike startup from Belgium, raises €10M

Cowboy is a Belgian startup that designs and sells smart electronic bicycles. It has raised €10M in Series A funding to expand outside Belgium. Tiger Global Management led the funding round with participation from  Index Ventures and Hardware Club. Cowboy’s bikes are lighter, stylish and has an automatic motor assistance that delivers power when necessary, […]

Microsoft co-founder Paul Allen dies at 65

Sadness had surrounded Seattle with the loss of one of the world’s wealthiest man, Paul Allen. Allen was Microsoft Co-Founder, and he died from complications of non-Hodgkin’s lymphoma. Earlier this month Paul announced that that he was receiving treatment for the disease. Allen was not just a not just a technologist he was a philanthropist […]

Embraer Launches Two Long Range Private Jets

The Brazilian Plane maker announced that Embraer is launching two longer- range business jets, highlighted with revamped cabins and technology that decreased turbulence to make flights much smoother. If Embraer deal to merge the business with Boeing Co. goes forward, it will no longer be able to count on its best- preforming commercial division which […]

Versace to Showcase Their Pre-Fall Collection in New York

The 2nd of Dec New York will witness for the first time Donatella Versace holding a fashion show for her pre-fall collection. The choice of the date is quite special for the designer as it’s her late brother’s birthday. Versace joined the Kors and Jimmy Choo brands in a $2 billion deal under the Michael […]

Vatican defrocks two Chilean Bishops

The Vatican has officially issued a statement on the defrocking of two Chilean bishops for their sexual abuse to minors. More than 30 of Chile’s bishops have offered their resignation which made the police attack offices and seize the church’s documents as part of their investigation. Pope Francis convicted in a letter the “atrocities” of […]

Fyre Festival Promoter Sentenced for Fraud

The famous fest’s organizer and promoter, Billy McFarland was sentenced for his extravagant festival, as he promised hundreds of fans with a luxurious festival but sadly they were all left marooned on the island of the Bahamas. During sentencing McFarland’s team tried to defend him as he was not in the right mental health, but […]

Nasdaq

Markets across the world dropped following Wall Street

Thursday morning aroused investors in fear of the rising interest rates, as Asia’s stock markets dropped intensively. The fall of Dow Jones, brought investor’s concern that the Federal Reserve will continue to raise interest rates leading to a slow economic growth. Not only, but also making borrowing more expensive for the U.S. government.  Analysts said […]

SmileDirectClub is Valued at $3.2 Billion

Today SmartDirectClub has announced that it is one of the top at-home teeth-aligners among other startups. The company ships invisible aligners directly to customers making the cost not only 60% less than any other teeth-straightening treatments but also a long lasting treatment that can stay up to 14 months.  However, speculations have been raised by […]

Nikki Haley Resigns as UN Ambassador

Nikki Haley caught the surprise to the senior foreign policy officals with her resignation from being the U.S ambassador to the United Nations. In a defensive manner, Haley has shut down any speculations that she might run against her old boss. She has been known for her great achievements , but sadly enough the fierce […]

Nobel Prize

William Nordhaus and Paul Romer Awarded Nobel Prize in Economics

Nobel Prize in economics was given to America’s former chief at the economist World Bank, Paul Romer and the great professor William Nordhaus. Nordhaus was given the prize for his astonishing development to a model that inspects the consequences of climate policy interventions on the global economy. While Romer’s work is on how the economic forces […]