Diane

Elon Musk announces $100 million prize for new carbon capture tech

It would be his single largest philanthropic effort to date.

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2 min read


This story originally appeared on Engadget

Things we already know: The world is growing uncomfortably warm due to humanity’s insistence on burning fossil fuels. Elon Musk is currently the wealthiest human on the planet. Yet for being among the wealthiest people on the planet, Musk’s philanthropic track record over the years has been paltry compared to the likes of Jeff Bezos. So, yeah, it did come as a bit of a surprise on Thursday when the Tesla CEO took to Twitter to announce that he plans to donate $100 million as a prize towards a winning carbon capture system.

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Will the C-suite empty out in 2021?

Given the world-turned-upside-down year we just closed out, it is probably wise to steer clear of making predictions. But it can be hard to resist the temptation in January to submit to this traditional exercise of forecasting the future.

We all know that the pandemic has changed the world of work for the long term, but one aspect of that change that may be underappreciated right now is the number of senior executives who are likely to balk at the idea of going back to the office full time. Once most people have gotten the vaccine, and companies decide that they want their leaders back at headquarters, there is likely to be a test of wills. I’ve heard countless stories from executives this past year who have reconnected with their spouses and kids and are healthier because they have more control over their schedule to build in consistent exercise. Flexible

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Amazon Offers to Help President Biden With Covid-19 Vaccinations

In return, Amazon wants its essential employees to receive the vaccine ‘at the earliest appropriate time.’

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3 min read


This story originally appeared on PCMag

Amazon wants access to Covid-19 vaccinations for essential employees, and in return is willing to lend a hand with the nationwide rollout.

On the day of Joe Biden‘s inauguration, Amazon’s CEO of worldwide consumer business, Dave Clark, sent a letter to the new president requesting that people working at fulfillment centers, AWS data centers, and Whole Foods Market stores receive the jab “at the earliest appropriate time.”

“As the nation’s second-largest employer, Amazon has over 800,000 employees in the United States, most of whom are essential workers who cannot work from home,” Clark explained. “We are proud of the role

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Practicing strategy in an uncertain world

Kristian Ebbesen Fjelde and his team knew that the executive committee meeting scheduled in mid-2019 to discuss the future strategy of their company was more important than most. Equinor had changed its name in May 2018 from Statoil to signify that it wanted to become a more diversified energy company and take a leading role in the long-term goal of transitioning out of fossil fuels. Equinor was Norway’s biggest energy producer, and its leaders understood that the structural shifts in the market necessitated a radical shift in the business that would require more than a simple rebranding. Instead of putting together a presentation, Fjelde decided to run a “strategic beliefs” card game. His team circulated 16 statements, each describing what might become a core belief of the company. They covered everything from the direction of commodity prices to the impacts of climate change. The executives were asked to reveal one

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Netflix surpasses 200 million subscribers in 2020

The streaming company made a net profit of $ 2,761.4 million, 48% more than in the previous year.

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1 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.


The streaming company Netflix reported a net profit of 2,761.4 million dollars in 2020, an increase of 47.9% compared to the result presented by the company the previous year. In the same way, the online movie and series distribution company increased its number of subscribers to 203.6 million.

Not everything is honey on flakes for Netflix , according to Reuters reports, the year-on-year profit for the last quarter fell 7.6% to 542.15 million dollars, a decrease of 31% compared to the previous quarter.

Los Gatos’s company revenues

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The Owner of TikTok Launches Its Electronic Payment Service

ByteDance introduced Douyin Pay as a third-party payment service for the Chinese version of TikTok.

Entrepreneur’s New Year’s Guide

Let the business resources in our guide inspire you and help you achieve your goals in 2021.


1 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.


Chinese company ByteDance launched a third-party payment service for the Chinese version of its short video app TikTok on Tuesday . The mobile payments platform, under the name Douyin Pay , is part of the company’s strategy to strengthen its fintech and e-commerce presence in China.

“The launch of Douyin Pay is to complement the main existing payment options and improve the user experience in Douyin,” the firm said in a statement .

Douyin Pay currently has 600 million assets per day, according to Reuters reports, being the third most

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