Month: August 2020

Rival powers jockey for the lead in hypersonic aircraft

Image copyright Reaction Image caption Hypersonic aircraft will need new engine technology “I’ve spent my career on things flying fast,” says Adam Dissel, who heads up the US operations of Reaction Engines. This British company is building engines that can operate at dizzying speeds, under conditions that would melt existing jet engines. The firm wants to reach hypersonic velocity, beyond… Read more →

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Zoom revenues skyrocket as profits double

Image copyright Zoom Popular videoconferencing app Zoom has seen its revenues skyrocket as second quarter profits more than doubled due to the coronavirus crisis. Revenues leaped 355% to $663.5m (£496.3m) for the three months ending 31 July, beating analysts’ expectations of $500.5m. Profits soared to $186m, while customer growth rose 458%, compared to the same period in 2019. Video conferencing… Read more →

India GDP shows worst quarterly slump in decades

Related Topics Coronavirus pandemic image copyrightGetty Images image captionIndia has seen huge job losses in recent months India’s economy contracted sharply in the three months to the end of June, official data shows. It shrank by 23.9%, its worst slump since the country started releasing quarterly data in 1996. The coronavirus pandemic and a grinding lockdown caused massive disruptions to… Read more →

Douglas Ross calls for ‘massive’ investment in transport links

Image copyright PA Media Image caption Douglas Ross is proposing a new “fully integrated” transport system with smart travel cards The Scottish Conservative leader has called for “massive” investment in transport infrastructure to rebuild Scotland’s economy “from the brink”. Douglas Ross said the country had been economically divided for too long and that big projects would bring people “closer together”.… Read more →

The search engine boss who wants to help us all plant trees

Image copyright Shane Thomas McMillan Image caption Christian Kroll was inspired to change the direction of his life after travelling through India The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to Christian Kroll, the founder and chief executive of internet search engine Ecosia. Christian Kroll wants nothing less than to… Read more →

A reboot up ‘boring’ Scottish tech

Douglas FraserBusiness/economy editor, Scotland image copyrightGetty Images Scottish technology can be world class, and drive the economy much faster, according to a new report. It requires an “ecosystem” that starts from school through universities into a widened ”marketplace”, and more supportive finance. Are you a frustrated inventor? Most of have an idea for something. Mine is the technology that tells… Read more →