Billionaire philanthropist Bill Gates led a multi-million investment with antenna developer Kymeta. Business tycoon and philanthropist Bill Gates invested $78.5 million in the satellite communications company Kymeta, announced on August 25. With the new funding, the tech startup specializing in the manufacture of satellite antennas has raised $85.2 million for the recent investments. Investments in Kymeta The investment would allow Kymeta to scale up the production of its mobile communications technology. Particularly for its latest antenna called u8 terminal. Since the company started eight years ago, the startup amassed $300 million in funding already. Among the investors include Lux Capital…
Author: Aaron Tosin
Aaron Tosin
A writer with a difference!
The United States Labor Department has questioned the diversity efforts of Microsoft and Wells Fargo. Both companies have pledged that they will boost racial diversity across their management. But the US Labor wanted to look if the firms’ initiatives observe the laws. Inquiry on Diversity Efforts In a Bloomberg report, the Labor Department sent messages to Microsoft and Wells Fargo regarding their diversity efforts. The agency questions if those programs comply with laws preventing racial discrimination when hiring. https://twitter.com/cnnbusiness/status/1314385127959560195?s=21 The federal department looks into Microsoft if the company could potentially commit “unlawful discrimination” and violate the law. Meanwhile, Wells Fargo…
Speed Keto® is a keto diet program that mixes the fast-acting fat burning properties of both keto and intermittent fasting to help you lose weight quickly and safely. This interview will introduce Jen, a teacher and young mother of three children, as we follow her Speed Keto journey. Hello Jen! Please tell us a little bit about yourself. Jen: Hello! My name is Jen. I teach full classes of adorable little 5-year olds every year, and I have three kids myself! And how has your health been like these past couple of years? Jen: Before Speed Keto? Well, it wasn’t…
The creator of an antivirus software, John David McAfee, faces charges from the Department of Justice for tax evasion. On Monday, the prosecutors unveiled the indictment against the businessman. While in Spain, they arrested him. Meanwhile, he also faces complaints from the Securities and Exchange Commission over misleading people when recommending cryptocurrency offerings. Alleged Tax Evasion The allegations name McAfee for not filing taxes for several years between 2014 and 2018. While he earns millions of dollars at that time, the indictment accuses him of avoiding taxes by putting his income into different bank and cryptocurrency accounts not named after…
Even Amazon is hopping on the electric wave. On Thursday, the company unveiled its first all-electric delivery van. Built by EV startup Rivian, the van will use cutting-edge technology. Amazon says that it plans to roll out 10,000 vans in 2022. By 2030, Amazon expects 100,000 electric vans on the streets. Amazon’s Electric Van In a statement, Amazon’s Ross Rachey said they want customers to get excited about seeing an electric van outside their homes. Amazon’s Van Specs That said, Amazon has not shared more details about the electric van. The Verge did not get new information about the van’s…
Since more people are stuck at home now, more of them are buying TVs. A new report shows that global TV sales have hit a “record high” in the third quarter of 2020. Global TV Shipment Numbers According to The Verge, 62.05 million TVs got shipped out during the third quarter. This number represents a 12.9% increase from 2019 and a 38.8% increase from the previous quarter. These numbers also came from a TrendForce report. Today, Samsung and LG said that they expect more profits this quarter over last year. Both companies are the largest TV makers in the world. …
Meredith Gradle is the Founder and CEO of Iris Works. After nearly a decade as a photographer, it became clear that out of all the project management tools, and customer relationship platforms – there was nothing that was made for the creative mind. Meredith realized that there was a huge opportunity to help photographers, and creative entrepreneurs, succeed in business and even thrive, without causing additional work and headaches for them. Meredith created Iris Works out of necessity, not only for herself at the time, but for many of her colleagues and counterparts in the professional photography industry. Iris Works is…
“What’s refreshing about Life is that it’s a story about, as Mike would say, ‘life’. It’s not a detective story. It’s not a costume drama, or a drama about how wonderful the past used to be. It’s just a slice of life there in front of you, and you have to draw your own conclusions from it. ” What drew you to Life? Peter Davison: Henry was a brilliant part to play. You’re fortunate as you get older to get interesting parts to play. And I’d almost resigned myself to those things not happening in the way that they have…
Despite seeing Apple get hit for its 30% App Store tax, Google still wants to follow the tech giant’s footsteps. Google has explained its billing system for paid apps on the Play Store. The Google Tax In a blog post, Google says developers with apps on the Play Store have until September 30, 2021, to comply with its billing system. Gizmodo adds that this deadline means developers have one year left to receive direct payments from users before they have to pay 30% to Google. Moreover, Gizmodo says the Google tax might roll out at the same time as Android…
Next time you get a package from FedEx, look up. The company has added a fleet of crewless aircraft to its delivery team. Soon, uncrewed cargo planes might help bring your online purchases to your doorstep. FedEx’s New Planes Gizmodo reports that FedEx has teamed up with Reliable Robotics to use its fleet of unmanned aircraft to deliver packages. The company said that it has finished test flights of two remote planes last month in a press release. https://twitter.com/Gizmodo/status/1310387516168642565?s=20 Now, FedEx owns Reliable Robotics’ larger plane model, the Cessna 208 Caravan. The Caravan has a single engine, and it can…