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Top ten newsmakers of 2017

Major upheavals in the global business ecosystem started from Uber CEO and founder Travis Kalanick who was under pressure by investors to resign and was eventually handed over to Dara Khosrowshahi as the new CEO of a startup worth over US$68 billion.

The startups unicorn makes great news of the year that will force anyone not to far from technology as the foundation of future business. Here are the major headlines in technology and startup companies this year:

Tinuku Travis Kalanick

Travis Kalanick, Uber co-founder

Travis Kalanick is co-founder of Uber Technologies Inc. which operates the largest ride-hailing service in the world. Kalanick was forced to resign as CEO of Uber where investors and board members tried to address some of the controversies that damaged the company's work culture and reputation.

Tinuku Elon Musk

Elon Musk, Tesla and SpaceX founder

Elon Musk is the founder and CEO of Tesla, SpaceX and Boring which has composed maps and future business trends. This year's Musk launched Tesla Semi as an electric truck drove a diesel truck into the brink of extinction. SpaceX this year set up Falcon Heavy rocket for vision to Mars.

Tinuku Masayoshi Son

Masayoshi Son, Softbank founder

Masayoshi Son is the founder and CEO of SoftBank, Softbank Mobile, and chairman of Sprint Corporation as the richest man in Japan. This year did spectacular things and raised US$100 billion through Vision Fund for many startups.

Tinuku Cheng Wei

Cheng Wei, DiDi Chuxing co-founder

Cheng Wei is the founder and CEO of DiDi Chuxing as the largest ride-hailing service in China. Wei through DiDi this year raised US$9.5 billion in corporate valuations of more than US$50 billion. The company is expanding its global business and investing in many startups including electric cars.

Tinuku Ma Huateng

Ma Huateng, Tencent co-founder

Ma Huateng or nicknamed Pony Ma is co-founder and CEO of Tencent Holdings Limited which operates a variety of internet services both in China and the world. The company is aggressively investing in many global startups. Just this year Ma has raised US$21.8 billion in wealth.

Tinuku Jack Ma

Jack Ma, Alibaba co-founder

Ma Yun or otherwise known as Jack Ma is co-founder of Alibaba Group Holding Limited as a Chinese technology giant. Ma has a net worth of US$37.9 billion and through Ant Financial this year funded many startups in Southeast Asia.

Tinuku Sachin Bansal

Sachin Bansal, Flipkart co-founder

Sachin Bansal is a co-founder of Flipkart which this year founded to invite other unicorns like Ola, MakeMyTrip, Quikr, and Hike Messenger to launch an industry body to lobby local business interests more in competing global players such as Uber and Amazon.

Vijay Shekhar Sharma

Vijay Shekhar Sharma, Paytm founder

Vijay Shekhar Sharma is the founder of Paytm and One97 Communications Ltd as one of the youngest billionaires in India. This year raised a US$1.4 billion funding led by softbank. Investments to double Paytm's valuation to more than US$8 billion and become an Internet bank with many financial services.

Tinuku Jeff Bezos

Jeff Bezos, Amazon founder

Jeff Bezos is founder and CEO of, Blue Origin and Business firms include retail, cloud computing, aerospace and newspapers. Bezos with a net worth of US$98.6 billion to become the richest man by overthrowing Bill Gates for a short time. Bezos also garnered the largest fortune this year of US$33.8 billion.

Tinuku Nadiem Makarim

Nadiem Makarim, Go-Jek founder

Nadiem Makarim is the founder and CEO of Go-Jek as the largest ride-sharing service in Southeast Asia. Makarim in the year used Go-Jek's large fund to acquire many startups including, Kartuku, Midtrans, Mapan, Pathao and invested in Myanmar and Philippines.


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European Union and ASEAN to restart Free Trade Agreement

Tinuku - European Union (EU) and ASEAN have agreed to restart the process of forming Free Trade Agreement (FTA). Singapore Prime Minister Lee Hsien Loong as ASEAN coordinator for EU-ASEAN relations said on Saturday to build a framework to identify potential sectors to finalize the deal.

Lee also said the EU and ASEAN had agreed to restart the process of establishing a free trade agreement between the two blocs. The EU and ASEAN launched talks towards a pact in 2007 but ignored the process two years later as the EU voted to negotiate bilaterally with each country.

"As coordinators, we look forward to forming a framework to identify where areas where we have the potential to make a deal," Lee said.

"Working on a deal may take longer than the end of the year. But if we can identify where the big opportunities are, our trade-offs, then I hope we will have better success," Lee said.

"One of the things we expect is that European nations are able to manage their soci…

Rolls-Royce plans for flying taxi service

Tinuku - Rolls-Royce Holdings plc has designed a propulsion system for flying taxi and is starting search for partners to help develop a project it hopes could take to the skies as soon as early next decade. British jet engine maker said on Sunday it had drawn up plans for an electric vertical take-off and landing (EVTOL) vehicle which could carry to five people at speeds of up 250 mph for approximately 500 miles.

The company joins a variety of companies racing to develop flying taxis, which could revolutionize the way people travel. Aviation and technology leaders are working to make electric-powered flying taxis a reality, including Airbus, U.S. ride- sharing firm Uber and a range of start-ups including one backed by Google co-founder Larry Page, called Kitty Hawk.

Rolls-Royce’s design will be showcased in digital form at the Farnborough Airshow, which starts on Monday. The company is looking for an airframer and a partner to provide aspects of the electrical system to help commerci…

Britain announced its first launch site for the space market

Tinuku - UK on Monday ran an important leap for the construction of the first vertical launch space launch site. The proposed space port at Sutherland in the north of Scotland has been awarded US$3.3 million in funding by the government-owned UK Space Agency to develop a ground-breaking launch site.

Government Business Secretary Greg Clark Monday launched the start of a Great British Space Age that will see vertically-launched space rockets and satellites take off from the new spaceport. UK Space Agency said it selected the Sutherland site because Scotland is the best place in Britain to reach highly sought-after satellite orbits with vertically launched rockets.

The initial funding will go to Scotland's Highlands and Islands Enterprise agency to develop the Sutherland site which will use a combination of proven and innovative rocket technologies to pave the way for a world-leading spaceflight market.

The UK Space Agency is also making available a new 2.65 million U.S. dollar fund…

Psychoengine studio build Honda GL 200 single-cylinder engine turns into Five Dragons 5-cylinder

Tinuku ~ Studio Psycoengine based in Purwokerto, Indonesia, building works Honda Tiger with a 5-cylinder rotary. Custom motorcycle entitled "Five Dragons" by M Yusuf Adib Mustofa emerged as the Best of the Best Kustomfest 2016 Legend Reborn.