Renee Elliott, the founder of Planet Organic, is returning to spearhead a rescue deal for the supermarket chain she launched in 1995. Sky News has learnt that Ms Elliott has agreed to lead a takeover of Planet Organic in a deal expected to be finalised on Tuesday. City sources said she had assembled backing from
The City of Boulder announced today that it’s purchased a Rosenbauer RTX, the State of Colorado’s first electric fire truck. Austrian-based Rosenbauer’s RTX is equipped with a 360 kW electric powertrain and two Volvo Penta Batteries totaling 132 kWh of power. It has four-stage electronic regenerative braking. It’s a range-extended EV, so it also has
Elon Musk seems a lot less sure about how Tesla could benefit from Twitter or the new X company the social media platform is now operating under – something he promised would happen to Tesla shareholders last year. Financially speaking, Tesla shareholders are those who suffered the most from Elon Musk’s Twitter acquisition. The CEO
Volkswagen Group’s battery electric vehicle deliveries saw a large increase of 42% year-over-year in Q1 2023. In Q1 2023, Volkswagen Group handed over 141,000 battery electric vehicles to customers globally – an increase from 99,200 in Q1 2022. BEVs made up 6.9% of VW’s total deliveries Q1 2023, compared with 5.2% in Q1 2022. Nearly 70%
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook visits the Fifth Avenue Apple Store on September 16, 2022 in New York City. Kevin Mazur | Getty Images An appeals court on Monday mostly sided with Apple over its App Store rules in a suit with Epic Games. The decision
Chamath Palihapitiya Olivia Michael | CNBC Tech investor Chamath Palihapitiya, who said two years ago that bitcoin has replaced gold and predicted the digital currency would climb to $200,000, has a much more cautious view on cryptocurrencies these days. “Crypto is dead in America,” Palihapitiya said in the latest episode of the All-In podcast. Palihapitiya
One of Britain’s most experienced retail executives is joining the board of JD Sports Fashion, part of a management shake-up aimed at improving governance under its new chairman. Sky News has learnt that Darren Shapland, a former finance chief at J Sainsbury, will be named on Tuesday as a non-executive director of the UK’s biggest
A new power line which could provide green electricity to 1.8 million homes is set to be built by the UK and the Netherlands as part of a plan to boost energy security. Officials claim the LionLink connection beneath the North Sea will be the “world’s largest multi-use electricity power line”. It will connect the
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Bitcoin, the world’s largest cryptocurrency, has been stealthily rising in 2023. Chris Ratcliffe | Bloomberg | Getty Images Bitcoin’s value could jump to as much as $100,000 by the end of 2024, Standard Chartered said in a note published Monday. The collapse of Silicon Valley
Today, smart electrical panel maker SPAN announced a Series B2 fundraise of $96 million – here’s what it’s going to do next. This follows a $90 million Series B fundraising round in March, and today’s announcement brings the company’s total funding to $231 million. This latest round was led by Wellington Management. SPAN, whose CEO, Arch
A new report states that Tesla is supposedly about to be importing its new cheap Model Y variant introduced in Canada last week from China. When first announcing plans to build cars in China, CEO Elon Musk clearly stated that it would only be to satisfy local demand and that Tesla wouldn’t export vehicles from
“We want the King!” “King? No thanks.” These two very different statements were heard in chants and seen on placards when the King visited Cardiff in September last year. While many welcomed him to Wales‘s capital by waving flags and cheering, others were far from pleased to see him, with audible boos from protesters and
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook during WWDC 2022 Event Source: Apple Apple’s virtual reality headset will run with hundreds of thousands of iPad apps and take an all-encompassing approach to features, according to Bloomberg. In a bid to entice both developers and consumers, Apple has included gaming, fitness,
Britain First leader Paul Golding leads an anti-Islam march on April 1, 2017 in London, England. Wiktor Szymanowicz | Future Publishing | Getty Images Twitter labeled the British far-right political party Britain First an “official organization,” raising questions about the direction in which Elon Musk has taken the platform after its content moderation and verification
Spain could experience its hottest ever day for the month of April this week with forecasters predicting temperatures of up to 40C (104F). Record-breaking temperatures are expected between Wednesday and Friday with temperatures reaching levels normally seen in July. The extreme conditions will follow the driest March in 20 years in some areas which has
Samsung is the world’s biggest maker of memory chips. A lack of demand and a chip glut has put pressure on memory prices which could hammer Samsung’s profit. Jakub Porzycki | Nurphoto | Getty Images Samsung could report its worst profit in 14 years this week, as prices for memory chips, its biggest business, continue
Twitter has mistakenly verified an explicit, fake account claiming to be linked to Disney. The account, which has the handle @DisneyJuniorUK, was spotted with a gold verification tick on Monday, before it was later suspended by Twitter. “No f****** way,” the account tweeted after realising it had been assigned a gold tick. Twitter’s press office
A conveyancing software maker is in talks to join the growing exodus of companies from the London stock market. Sky News has learnt that AIM-listed Smoove has received several takeover approaches from unnamed suitors. City sources said on Monday that the company was engaged in discussions with at least one prospective buyer. Smoove is a
German climate activists have glued themselves to streets all over Berlin this morning in a bid to bring traffic to a standstill. Members of the group Last Generation have repeatedly blocked roads across Germany over the past year to pressure the government into taking further action against climate change. Activists have glued themselves to the
Tesla is trying again to get owners of older Model S and Model X with “unlimited free Supercharging for life” to give up the perk with a new offer. For the first few years of selling Model S and Model X, Tesla was offering free Supercharging for the vehicle’s life. It was a really enticing
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