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Dubai’s Vista buys Uber-like private jet service JetSmarter

Bloomberg Vista Global Holding, which competes with Warren Buffett’s NetJets in the pay-by-the-hour private plane market, agreed to buy US-based JetSmarter, adding a service that sells empty seats on chartered aircraft. While the Uber-style model will extend the group’s product offering in the $11 billion on-demand corporate flights sector, JetSmarter is mainly attractive for industry-leading digital technology and an app ...

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Elon Musk-linked team outlines system to monitor brain activity

Bloomberg A team of scientists, some of whom have worked for Elon Musk, outlined a way to rapidly implant electrical wiring into the brains of rats. The process, described in an unpublished academic paper, is an important step towards a potential system to plug human brains directly into computers. The paper’s five authors have been employed by or loosely associated ...

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Mubadala opens New York office as Abu Dhabi fund expands in US

Bloomberg Mubadala Investment Co opened an office in New York as the Abu Dhabi wealth fund builds on its presence in the United States. “Today we have offices in San Francisco, we have offices in Rio De Janeiro, we have offices in Moscow, we have an office in New York City which we just inaugurated, and Hong Kong by the ...

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