Browsed by
Category: Entrepreneurs

Brighton Pier sold for 18m to ex-Pizza Express boss – BBC News

Brighton Pier sold for 18m to ex-Pizza Express boss – BBC News

Image copyright Getty Images
Image caption Brighton Pier, which cost 27,000 to build, opened in 1899

One of the south coast’s most famous landmarks, Brighton Pier, is being sold for 18m.

Eclectic Bar Group, chaired by former Pizza Express entrepreneur Luke Johnson, is set to buy the Grade II* listed structure.

The group has entered into a conditional agreement to buy Brighton Marine Palace and Pier Company.

Brighton pier was put up for sale in 2011, but withdrawn the following year by owner the Noble Group.

Image caption Luke Johnson made his reputation in business when he expanded Pizza Express

Mr Johnson, a former chairman of Channel 4, said Brighton Pier, also known as the Palace Pier, was one of the most instantly recognisable attractions in the UK.

 

“The pier is hugely popular with the British public and it occupies a special place as a landmark at the heart of Brighton,” he said.

“Brighton is one of the UK’s most popular visitor destinations, with over 10 million visitors per year, making it the most visited place in the South East.”

Brighton Marine Palace and Pier, which cost 27,000 to build, opened in 1899 and replaced the old chain pier, dating from 1823, which was used as a landing stage for passenger ships from Dieppe.

Image copyright PA/Gareth Fuller
Image caption The remains of Brighton’s West Pier are a shell off the beach

Brighton’s Grade I listed West Pier is now a twisted shell after being destroyed by fires and storms.

Other remains of the West Pier were removed from the beach to make way for the 530ft (162m) i360 tower attraction, due to open to visitors this summer.

Read more: http://www.bbc.co.uk/news/uk-england-sussex-35995136

A Billionaire Just Donated $250 Million To Form A Revolutionary Cancer-Fighting Team Of Scientists

A Billionaire Just Donated $250 Million To Form A Revolutionary Cancer-Fighting Team Of Scientists

Medical science is on a constant quest to understand cancer, and ultimately destroy it. Certainly, there have been some incredible advances in the last decade or so. We are now able to use nanosized Trojan horses to erode leukemia cells from within. We can get certain types of cancerous cells to turn on and kill each other. We can even use microscopic backpacks made of algae to deliver targeted chemotherapy treatment to tumors.

However, all this requires constant funding, constant scientific dedication, and the right kind of equipment. Venture capitalist Sean Parker, known by most as the founder of Napster and a co-founder of Facebook, clearly recognizes this: According to the Washington Post, he is backing a $250 million effort drive to attract hundreds of scientists, many of which are often in direct competition with each other, to join forces and focus their efforts on killing cancer.

These proverbial Avengers of the scientific world already number as many as 300, working at 40 laboratories in six world-class institutions: Stanford, the University of California (Los Angeles and California campuses), the University of Pennsylvania, the MD Anderson Cancer Center and the Memorial Sloan Kettering Cancer Center. This heros roster is particularly impressive considering the plan was formally announced just this week.

The initiative is designed to focus on immunotherapy. Unlike chemotherapy methods designed to use drugs or instrumentation to physically destroy tumorous tissue, this relatively new scientific field hopes to kick-start the bodys own immune system to take up arms against cancer cells.

Cancer immunotherapy is such an incredibly complex field, and for every answer it seems to pose 10 more questions, said Parker, as reported by the Washington Post. Im an entrepreneur so I wish some of these questions had been answered yesterday.

Cancer kills millions of people every single year, so scientists are trying every possible method to reduce these numbers. Sebastian Kaulitzki/Shutterstock

Parker sees this new agglomeration of scientists fighting cancer as a way to remove the bureaucracy and red tape present in so many institutions. Although the researchers will spend most of their time at their own institutions, they will have access to every piece of data, equipment and funding being provided by the nonprofit Parker Institute for Cancer Immunotherapy, based in San Francisco.

To oversee the scientific progress of the initiative, one member from each university will sit on a committee and deliberate what the best course of action is. Every piece of new research that the initiative produces will be able to be provided and even licensed to interested industries, but the intellectual property will remain with the original scientists.

The institute will be headed by Jeff Bluestone, the former provost of the University of California, San Francisco, and an immunologist. In addition, he is one of 28 members of a panel personally selected by U.S. Vice President Biden as part of his National Cancer Moonshot Initiative, a $1 billion drive to accelerate cancer research.

Bidens drive and Parkers are similar: apart from wanting to help the human race on a purely altruistic basis, theyve both had people close to them die as a result of cancer. Only time will tell if this massive collaboration will produce results after than individual institutions, but its certainly got everything going for it.

Photo Gallery

Read more: http://www.iflscience.com/health-and-medicine/sean-parker-just-used-250-million-form-revolutionary-cancer-fighting-team

Boom: A plane faster than Concorde with fares a quarter of the price?

Boom: A plane faster than Concorde with fares a quarter of the price?

(CNN)A Colorado startup wants to build supersonic passenger planes faster than Concorde but with fares a quarter of the price — and Virgin Galactic has just got on board.

 
The Boom airplane would travel at Mach 2.2 — more than twice the speed of sound and 2.6 times faster than any other airliner — and fly from New York to London in 3.4 hours.
 
That’s San Francisco to Tokyo in 4.7 hours or Los Angeles to Sydney in six.
That transatlantic trip cuts the standard seven-hour journey by more than half.
With a round-trip price tag of $5,000 it’s not exactly “affordable” travel, but for the world’s business elite, it’s a steal.
 

Virgin options 10 planes

It’s certainly piqued British entrepreneur Richard Branson’s interest: On Wednesday his Virgin Group optioned 10 planes.
The deal, if it’s followed through, could be worth a reported $2 billion.
Boom has also optioned 15 additional planes to an unnamed European carrier, the firm told TechCrunch, racking up a potential income of $5 billion.
Despite the big figures, the reality of a supersonic passenger jet remains small.
Denver-based Boom is still working on a third-scale prototype that isn’t slated to fly until 2017.
CEO and founder Blake Scholl recently told Fortune he couldn’t say when full-size planes would be ready for commercial flights.
So right now it’s just one of many new supersonic and hypersonic plane concepts promising shorter and shorter flight times, with none yet to see a runway.

 

 

 

NASA

A Virgin Group spokeswoman confirmed to the Guardian that Virgin Galactic’s space division, The Space Company, “will provide engineering, design and manufacturing services, flight tests and operations,”
“Concorde was just too expensive to fly, and to fill 100 seats at $20,000 each,” Scholl told the Guardian.
“You have to bring the ticket price down, and make the aeroplane the right size so you can fill the seats.”

Read more: http://www.cnn.com/2016/03/24/aviation/boom-supersonic-plane-virgin-space-company/index.html

Enjoy this blog? Please spread the word :)

WordPress Blog Support