American startup raises $180 million to drill rock over 5km deep to build world’s first superhot geothermal plant at 500 °C

Quaise Energy, an American startup, announced on August 27 the final closing of a $180 million funding round, which included $35 million from Nabors, to finance the Obsidian Project in Oregon, where a microwave gyrotron will create wells in rock between 300 °C and 500 °C to establish the first commercial superhot geothermal plant on […]

Indian couple jailed in UK for running companies for over 5 years despite legal ban; involved in £2 million tax fraud

An Indian‑origin couple was sentenced in the United Kingdom after they continued to run companies for more than five years despite being legally barred from doing so. 71‑year‑old Bharat Jogia, from the West Midlands region of England, was disqualified as a company director for 13 years in 2014. He accepted a disqualification undertaking after admitting […]

Karoline Leavitt slams NYT article criticising Trump’s $300 million White House ballroom: ‘Never built anything…’

White House press secretary Karoline Leavitt has hit back at criticism of a controversial new ballroom project after reports claimed there are design flaws in Trump’s expensive project. The backlash follows fresh scrutiny of US President Donald Trump’s proposed White House ballroom, a massive expansion project estimated to cost between $300 million and $400 million. […]

A 26-year-old Canadian hacker breached 165 companies and exposed data linked to 100 million people, but an investigation eventually led to his guilty plea | World News

A hacking operation that began in early 2024 reached far beyond the companies directly targeted. A 26-year-old Canadian man, Connor Riley Moucka of Kitchener, Ontario, has admitted taking part in a campaign that compromised data held by at least 165 customers of a US-based software company. The stolen material ran into billions of records and […]

Politico owner Axel Springer to buy UK’s Telegraph in £575 million deal pending regulatory approval

FILE -The Daily Telegraph newspaper with the front page of French President Emanuel Macron is seen at a supermarket in London, March 21, 2024. (AP Photo/Kin Cheung, File) German media conglomerate Axel Springer announced Friday that it was purchasing the UK’s Telegraph Media Group for £575 million, in a proposed deal subject to approval by […]

$12.8 million jackpot in limbo after Arizona store worker buys winning ticket – Court to decide who gets prize

A worker at a convenience store in Arizona is in legal trouble after buying a lottery ticket worth $12.8 million from the store where he worked. A judge will now decide who should get the prize, as both the store and the worker claim it.A court complaint says the incident started on the evening of […]

Man bought 240 Land Rover Defenders worth £8 million on borrowed money and made insane returns |

He spent 1,500 hours per Defender, turning £8 million into vehicles selling £180,000–£320,000 each/ Image: Twisted In 2015, Charles Fawcett made a decision most of the car industry thought was reckless. After learning that Land Rover was ending production of the original Land Rover Defender, Fawcett placed a bulk order for 240 brand-new examples. At […]