#6
Paul Allen, Microsoft Co-Founder Dies of Cancer at Age 65
Paul Allen, Microsoft Co-Founder has died of non-Hodgkin’s lymphoma at the age of 65. Allen was one of the wealthiest in the Forbes list of billionaires, with an estimated net worth of $20 billion. Owner of NFL Seattle Seahawks, Allen was also an electric guitarist and has jammed with Mick Jagger and Bono. Allen was first diagnosed with Hodgkin’s disease in 1983 and was able to defeat it, the same year he had left Microsoft.
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#5
M.I.T Plans $1 Billion AI College
The Massachuset Institute of Technology is betting big on the current trend of AI. In the last few years, the colleges have scrambled to find a definitive course curriculum for the AI demand. Not just the tools that enable an AI curriculum but the whole ethical and social dimensions are at the core of contention when it comes to planning courses. M.I.T has taken a big leap forward towards a planned investment of $1 billion. Around two-thirds of this amount has already been raised. $350 million has been donated by a famous private equity firm CEO, Stephen A.Shwarzman of Blackstone Group. The new course will begin in 2022.
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#4
Tesla Beats Mercedes-Benz in Sales across the US
For the first time in 8 years, since the inception of Tesla’s electric car, Elon Musk has finally beaten a 132-year-old luxury car maker in sales figure. Elon Musk had promised a fruitful year ahead and it seems that he has kept his promise. After the news of sales performance, the Tesla’s stocks rose 4.9% and some analysts suggest that over the next year it can rise up to 70%.
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#3
After Co-Working now Co-Living takes Center Stage
Co-living has taken a whole new avatar with developers keen to invest in this new opportunity. Brooklyn and the Bay Area are the hotbeds right now for the co-living real estate. In co-living, the tenant’s share rooms with strangers. Starcity and The Collective are the prominent co-living startups in the area.
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#2
Donald Daters, the dating app that matches Trump Supporters leaks Users’ data
On the day of its launch, the Donald Daters dating app for the Trump supporters has leaked all its users’ personal data. The dating app was all the rage recently and had garnered a lot of press. A French security researcher found a loophole in the app’s data protection and was able to download all the data of present 1600 users on the app. Emily Moreno, the founder of the dating app has not yet responded to these allegations.
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#1
Fidelity Forays into Cryptocurrencies
Fidelity will soon cater to the cryptocurrency users through its new firm. Fidelity Digital Asset Services will assist its clients both with cryptocurrency custody and trade executions. Only the Fidelity investors can make use of this service currently. The supporters of cryptocurrency see it as a major boost of confidence as it’s the first time a major U.S financial firm has started providing services in this sector.
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