Tag: Million

Elon Musk donating $100 million for best carbon capture technology

SpaceX owner and Tesla CEO Elon Musk poses as he arrives on the red carpet for the Axel Springer Awards ceremony, in Berlin, on December 1, 2020.

Britta Pedersen | AFP | Getty Images

Elon Musk tweeted Thursday he will be “donating $100 million towards a prize for best carbon capture technology.”

The Tesla and SpaceX boss didn’t provide any specifics beyond the tweet, but said “details next week.” Cash rewards for innovation prizes aren’t new. For example, the XPRIZE foundation is a non-profit which facilitates cash prizes to incentivize innovation.

So what’s carbon capture technology?

Carbon capture, utilization and

Read more

Black-founded Kanarys raises ‘historic’ $3 million in funding for diversity and inclusion technology

Kanarys, a Dallas diversity and inclusion business founded by two Black women, is getting a $3 million boost to ramp up its technology, hiring and sales and marketing efforts.

Cofounders Mandy Price and Star Carter announced the seed funding Wednesday, describing it as a “historic” shift toward more equitable backing of Black-owned startups. The new capital raises Kanarys’ funding to date to $4.6 million.

Price and Carter are among just 25 Black women founders to raise as much as $4.6 million in venture capital and two of only 93 Black women to attract over $1 million in funding, according to

Read more

3 Tech Stocks That Turned $10,000 Into More Than $1 Million

Top technology companies often benefit from having highly scalable business models that pave the way for dramatic sales and earnings growth, given the right opportunities and proper execution. Investors who build early positions in these kinds of businesses often go on to enjoy life-changing returns.

Recognizing these incredible opportunities is always much easier in hindsight, but studying massive success stories can also provide a useful template for identifying other companies that are capable of delivering incredible performance.

With that in mind, read on for a look at three stocks that went on to turn a $10,000 investment into $1 million

Read more

Singapore invests SGD 12 million to expand blockchain technology research

Singapore has invested SGD12 million in the first national effort to expand blockchain technology research and strengthen the country’s blockchain ecosystem.

Singapore Blockchain Innovation Programme (SBIP) was launched on December 7 by Enterprise Singapore (ESG),  Infocomm Media Development Authority (IMDA), the National Research Foundation Singapore (NRF), and supported by the Monetary Authority of Singapore (MAS).

Funded by NRF, this national effort aims to align blockchain technology research with the needs of the industry, facilitating the development, commercialisation and adoption of wider real-world applications. 



SBIP will look at growing the blockchain tech talent pool to enable ICT companies to further tap on blockchain technologies. Photo courtesy: Unsplash


© Unsplash
SBIP will look at growing the blockchain tech talent pool to enable ICT companies to

Read more

Over $6 million headed to local transportation, technology projects

LENEXA, Kan. (WIBW) – Governor Laura Kelly has announced that over $6 million is headed to local transportation and technology projects all over the state.

Governor Laura Kelly says she and Kansas Department of Transportation Secretary Julie Lorenz announced the recipients of over $6 million in funds from two programs that invest in technology and local community transportation needs.

According to Gov. Kelly, the announcement marked the KDOT’s first-ever Innovative Technology program awards which were made possible by the Eisenhower Legacy Transportation Program, or IKE, the 10-year transportation program approved by eh 2020 Kansas Legislature and signed into law by

Read more