“WE ARE sad to report that Tesla has gone completely and totally bankrupt.” So tweeted Elon Musk, boss of the electric-car company, on April 1st.
A new year rarely triggers a change in the business and investment environment. Trends don’t alter merely because a new calendar is hung on the office wall.
THE most distractingly unrealistic feature of most science fiction—by some margin—is how the great soaring cities of the future never seem to struggle with traffic.
YOU have multiple jobs, whether you know it or not. Most begin first thing in the morning, when you pick up your phone and begin generating the data that make up Silicon Valley’s most important resource.
ARTIFICIAL intelligence (AI) has already changed some activities, including parts of finance like fraud prevention, but not yet fund management and stock-picking.
Traders, prepare to adapt. Wall Street is entering a new era.
Robot doctors and fleets of self-driving cars are among the innovations tipped to add £630bn to the British economy by 2035.
At times, Nancy Altobello was lonely when she first joined EY, the accountancy firm, in 1980. Ms Altobello, who has spent her entire career at the firm, recalls one bleak New Year’s eve spent up a ladder with a dipstick in hand, checking a company’s gas inventory.
Tesla did not attend the Frankfurt Motor Show this year, but its presence was felt in every corner of the massive event, which will host close to a million visitors before it wraps up at the end of the month.
The UK’s retirement savings gap would widen to £2.3tn if Bank of England forecasts of the number of jobs lost to robots come to pass, according to new analysis. Hymans Robertson, the pension consultants, issued the warning based on the Bank’s estimates that a third of UK jobs were at high risk by 2030.
BETWEEN 2011 and 2014, according to the World Bank, the number of people in the world with a bank account, either directly or through a mobile-money provider, grew by no fewer than 700m. The global ranks of “unbanked” adults thinned from 2.5bn, 49% of the total, to 2bn, just 38%.