Your Tech Story

Suhani Jain

I am a student pursuing my bachelor's in information technology. I have a interest in writing so, I am working a freelance content writer because I enjoy writing. I also write poetries. I believe in the quote by anne frank "paper has more patience than person

How Jacqueline Mars Built Her Billion-Dollar Empire

How Jacqueline Mars Built Her Billion-Dollar Empire

Jacqueline Mars grew up in a privileged and responsible environment. Her childhood involvement in horse activities led to the development of a lifelong love for horses. After completing her studies at Pittsfield, Massachusetts’ Miss Hall’s School, she proceeded to Bryn Mawr College to obtain a degree in anthropology in 1961. She wed David H. Badger in 1961, and the two went on to have three kids: Alexandra, Stephen, and Christa. She wed Harold ‘Hank’ Vogel in 1986 after their 1984 divorce, although they later got divorced in 1994.

Highlights of Your Career

How Jacqueline Mars Built Her Billion-Dollar Empire

Image Source: facts.net

The worldwide candy juggernaut Mars, Incorporated, which is well-known for brands like Snickers, M&Ms, and Pedigree, has a strong relationship with Jacqueline Mars’s career. She was a key player in the company’s growth and product creation from the time she joined in 1982 as the president of the food product group until her retirement in 2001. Forbes estimated the value of her assets, including her interests in Mars, Inc., to be $23.5 billion in 2019. With a net worth of $28.1 billion, Forbes declared her the wealthiest Virginian by June 2019.

Mars, Inc.

Frank C. Mars, Jacqueline’s grandfather, established Mars, Incorporated, which is among the biggest privately held businesses in the country. Renowned for its renowned candy goods, the company has branched out into pet food as well as additional food items. Continuous creativity and a dedication to quality have allowed the organization to preserve its market supremacy. The organization stayed a leader in its field because Jacqueline, and her brothers John and Forrest Jr., carried on the family legacy of excellence.

Principal Accomplishments

The accomplishments of Jacqueline Mars go beyond her position in the family company. She has contributed significantly to a number of charitable causes. Particularly, she is an advocate for the National Sporting Library, the Washington National Opera, the Fine Arts Museum,  including the U.S. Equestrian Team. Her devotion to conserving the country’s historical documents was highlighted when she received the inaugural Heritage Award from the Foundation for the National Archives, a testament to her philanthropic efforts.

Individual Life and Heritage

Renowned for her love of horseback riding, Jacqueline Mars is the owner of a preserved organic vineyard in Virginia. She actively participates in the League of Conservation Voters and Journey through Hallowed Ground foundation conservation activities, as well as serving on the boards of several other organizations. She was involved in a serious vehicle accident in 2013, but she has gone on to achieve success in both her personal and professional life.

History of Wealth

The trajectory of Jacqueline Mars’s riches has been one of steady expansion and impact. According to Forbes, she is the 36th richest person in the entire world and the 18th richest American. Her wealth has come from her active participation in growing and maintaining the family business, not just from her inheritance.

Her wealth has come from her active participation in growing and maintaining the family business, not just from her inheritance. Her commitment to having a good impact on society is further demonstrated by her charitable endeavours through the Mars Foundation.

In summary

Jacqueline Mars’s 2024 net worth is a result of her lifetime commitment to both her own principles and her family’s business. Hers is a tale of sweet success, one filled with noteworthy contributions to business and charity endeavours both. Future generations will surely be inspired by Jacqueline’s legacy as Mars, Incorporated continues to prosper.

 
Mark Mateschitz_ The Man Behind the Red Bull Success Story

Mark Mateschitz: The Man Behind the Red Bull Success Story

According to Forbes’ most recent Billionaires List, Mark Mateschitz, the heir to the Red Bull corporation, has emerged as the richest person under 30 in the world. About to become thirty-one, Mark inherited a forty-nine per cent share in Red Bull when his father, Dietrich Mateschitz, died in October from pancreatic cancer. Mark’s tenure as the youngest billionaire is short-lived, as his astounding net worth of $34.7 billion suggests, but his influence on the world market for energy drinks is sure to last.

Red Bull's Incredible Growth

Mark Mateschitz_ The Man Behind the Red Bull Success Story

Image Source: dailystar.co.uk

Dietrich Mateschitz founded Red Bull in 1984, and since then, the company has expanded into a global powerhouse. More than 11.6 billion cans were sold worldwide in 2022, with revenues growing by 25%. The secret to the brand’s success lies in the founder’s innovative marketing strategy, inspired by East Asian functional drinks. Red Bull Energy Drink made its debut in Austria on April 1, 1987. Since then, the company has dramatically changed the energy drink market, which is expected to grow from $62.89 billion in 2023 to $83.83 billion by 2027.

The Marketplace for Competition

Red Bull is still the market leader for energy drinks, but new players are entering the race. Companies such as Monster Beverage Corp. along with more recent entrants such as Pureboost are making significant strides in offering alternatives to energy drinks. For instance, Pureboost offers a clean energy drink mix that is healthier and has raised over 2.6 million dollars on Wefunder, making it possible for regular investors to support the company’s expansion.

An Ingenuity and Wealth Legacy

The richest person under 30 is Mark Mateschitz, however, he is only one of 15 young billionaires with a collective net worth of $64 billion. Among these are heirs such as the youngest millionaire in the world, Clemente Del Vecchio, and entrepreneurs such as the Norwegian salmon mogul turned IT investor, Gustav Magnar Witzoe. Mark Mateschitz is poised to continue his legacy of innovation and fortune by shaping the energy drink industry with his substantial inheritance and Red Bull’s ongoing success.

 
Steve Forbes: How Early Life and Education Shaped His Career

Steve Forbes: How Early Life and Education Shaped His Career

Steve Forbes is still well-known in the commercial and political worlds. His campaign for economic change and his numerous contributions to Forbes Media demonstrate his lasting impact on conservative ideology and American capitalism. Forbes is committed to advancing the principles of innovation and entrepreneurship as a board member of many organizations as well as as a consultant at the Forbes School of Business & Technology.

Schooling and Formative Years

Steve Forbes: How Early Life and Education Shaped His Career

Image Source: famous-entrepreneurs.com

At the Far Hills Country Day School, where Forbes started his schooling, he made the lifelong friend Christine Todd Whitman, who would go on to become governor of New Jersey. He later went to Brooks School in Massachusetts, where he earned a cum laude diploma in 1966. Forbes proceeded to Princeton University, where in 1970 he graduated with an A.B. in history. He co-founded Business Today, the largest student-run journal in the world, while he was a Princeton undergraduate. His research of the 1892 Democratic Presidential Nomination, which spanned 75 pages, for his senior thesis demonstrated his early interest in politics and history.

A Career in Politics and Publishing

Steve Forbes assumed leadership of Forbes Media following the passing of his father in 1990. He led the company’s digital transformation and launched Forbes.com in 1996, navigating it through a media landscape that was changing quickly. Under his direction, Forbes continued to grow as a top business publication by branching out internationally with multiple foreign editions and spinoffs.

Forbes entered politics in addition to his publishing job, seeking the Republican presidential nomination in 1996 and 2000. His agenda was centred on economic reforms, such as the reinstatement of the gold standard and a flat tax rate. Despite his election failures, Forbes continued to be a well-known conservative advocate in the community, promoting small government and free markets.

History and Significance

Steve Forbes is still well-known in the commercial and political worlds. His campaign for economic change and his contributions to Forbes Media demonstrate his lasting impact on conservative ideology and American capitalism. Forbes is committed to advancing the principles of innovation and entrepreneurship as a board member of many organisations and an adviser at the Forbes School of Business & Technology.

South Korea Urges Telegram to Crack Down on Deepfake Sex Crimes

South Korea Urges Telegram to Crack Down on Deepfake Sex Crimes

The president of South Korea, Yoon Suk Yeol, has demanded a thorough inquiry into digital sex offences employing AI-generated content, citing growing concerns over the spread of deepfake pornography. President Yoon underlined during a Cabinet meeting how urgent it is to fight the rapid proliferation of deepfake videos on social media and how anyone might become a victim of these crimes. In addition to looking into and identifying perpetrators, he asked authorities to put in place educational initiatives to promote a more positive internet culture.

Dangerous Distribution of Deep Fake Pornography

South Korea Urges Telegram to Crack Down on Deepfake Sex Crimes

Image Source: newsx.com

Deepfake technology is becoming the main tool for producing sexually explicit content. It uses artificial intelligence to superimpose a person’s face onto another’s body in videos or photographs. The situation in South Korea became even more serious after it was discovered that a Telegram chatroom operating since 2020 was distributing deepfake photos of more than 30 female students from Inha University. Approximately 1,200 people participated in the conversation, which also shared the victims’ addresses and phone numbers.

The problem goes beyond one chat room. There have been reports of similar activity in other Telegram channels associated with other military units and educational institutions, where offenders have created and disseminated deepfake pornography using artificial intelligence systems. Over 100 channels—one with 133,400 subscribers—were found to be involved in the spread of such content when using Telemetrio, a tool for locating Telegram chatrooms.

Government Reaction and Upcoming Initiatives

The Ministry of Education in South Korea has directed regional educational offices to look into and report any instances of deepfake contents that include pupils in response to the situation. The Korea Communications Standards Commission declared that it will intensify its efforts by adding more monitoring personnel to handle situations quickly and establishing a specific reporting channel for deepfake pornography. They are also starting to communicate directly with Telegram in order to address these problems more successfully.

Comparing the government’s campaign against illegal substances to that of digital crimes, Prime Minister Han Duck-soo emphasised the need for tough action against the former. He also advocated for thorough instruction on the dangers of improper usage of digital technology. In order to prevent deepfake sex crimes and advocate for harsher sentences for perpetrators, the Democratic Party of Korea has suggested creating a task team.

Continued Crackdown and Prospects

With the aim of arresting and identifying individuals involved in the creation and dissemination of this material, the Special 7 months of the Deep Fark content crime has begun to be suppressed by the National Police Agency (KNPA). This organization applies laws in cooperation with local, state, and federal institutions, uses deep fake detection tools, and retains other countries as needed.

Cases involving minors will receive extra attention, and the KNPA pledges to execute the law more strictly in these situations.

Deepfake pornography is becoming more and more prevalent in South Korea, which serves as a clear warning about the risks associated with technological advancement and has prompted the government to take swift measures to safeguard digital integrity and protect its residents.

WATTALPS Secures €11M Funding to Make High-Performance Li-ion Batteries More Affordable

WATTALPS Secures €11M Funding to Make High-Performance Li-ion Batteries More Affordable

Leading the way in the development of lithium-ion battery technology, WATTALPS has raised €11 million to further its goal of lowering the cost and increasing the accessibility of high-performance batteries. Together with current investors like EIT InnoEnergy, Eximium, as well as the EIC Fund, this large fundraising round, supported by leading European venture capital firms which includes France’s Supernova Invest, the Dutch Move Energy, as well as Ring Capital, will further the company’s aggressive expansion plan.

Increasing Production and Product Offering

WATTALPS Secures €11M Funding to Make High-Performance Li-ion Batteries More Affordable

Image Source: wattalps.com

With the infusion of finance, WATTALPS will be able to raise its production capacity from the existing 2,000 batteries per year at its Moirans site close to Grenoble by eight times. In five years, the company hopes to exceed a one hundred million euro turnover. This expansion will support WATTALPS’s current line of modular, extremely efficient batteries, which uses cutting-edge immersing cooling systems to improve performance, durability, as well as reliability.

Microsoft's Reaction

In addition to increasing production volumes, WATTALPS wishes to expand its product range to better meet the needs of a diversified clientele and to develop in new markets outside Europe.
The organization’s unique cooling architecture considerably improves thermal management and allows faster charging, greater power delivery, and wider temperature flexibility for demanding applications in heavy-duty along with, off-road machinery.

Optimising Market Expansion

The off-road as well as heavy electrical equipment industry is expanding rapidly. It has been estimated that in 2023, the off-road vehicle segment will account for 5.8 million vehicle sales. WATTALPS’ revenue is expected to increase more than three-fold by 2024 and more than five-fold by 2023.

WATTALPS is well-positioned to capitalize on the increasing momentum of the electrification drive.

Future Prospects and Development

WATTALPS plans to expand to even larger premises and employ 40 additional people over the next 18 months. By 2028, the company hopes to have more than 100 employees and contribute to both the economic and industrial growth of the Auvergne-Rhône-Alpes region. Chief Executive Officer Mathieu Desbois-Renaudin positions WATTALPS as a pioneer in the battery technology sector by highlighting the business’s dedication to providing premium, safe batteries and exceptional customer service.

 
Apple Confirms iPhone 16 Event Date: What to Expect

Apple Confirms iPhone 16 Event Date: What to Expect

Apple has officially finalized what is rumoured to be the highly anticipated event known as “Glowtime”. It is confirmed that the date is September 9. At the presentation, the tech giant is anticipated to reveal its most recent iPhone 16 series. Apple’s advancements in artificial intelligence will be of special interest.

Highlights of significant discoveries should be presented at the event, which will be streamed live online from Apple Park’s Steve Jobs Theater.

Apple Insights: The Principal Event

Apple Confirms iPhone 16 Event Date: What to Expect

Image Source: sea.mashable.com

One of the most eagerly awaited launch features is Apple Intelligence, the company’s ground-breaking artificial intelligence technology that was announced in June. Equipped with artificial intelligence features such as a smarter Siri, the new models are expected to play a key role in the iPhone 16 lineup and improve the experience for users.

It appears that Apple Store employees have already been trained on these new features, which indicates the importance of the new features in future releases.

iPhone 16 Content Possibilities

In addition to many hardware improvements, Apple Intelligence is expected to play a key role in the iPhone 16. The new model is expected to have camera control buttons similar to those found on DSLR cameras, as well as an action button previously reserved for the iPhone 15 Pro. Users will be able to focus a photo with this feature by partially pressing the button, which will enhance the sophistication of their mobile photos.

It is assumed that the future versions of the iPhone 16 Pro will have larger screens along with that they will also have an improved colour scheme, and the reintroduction of the highly sought-after rose gold option.

In order to ensure that Apple’s advanced intelligence runs smoothly, there are rumours that all iPhone 16 models will include the newest A18 CPU and a minimum of 8GB of RAM.

Battery Innovation and Compliance with EU Regulations

Apple analyst Ming-Chi Kuo says that the iPhone 16 Pro Max is going to adopt a new battery design with higher energy density. This change could lead to a smaller battery or a longer-lasting battery. Apple could release a stainless steel battery case, a first for the company, to control the rise in battery temperature. The invention could also help Apple meet a 2027 deadline set by the European Union to have replaceable batteries in all its devices.

New AirPods and Watch Models from Apple

Apple is anticipated to announce new models of AirPods and the Apple Watch as well as the iPhone 16. There are rumours that budget-friendly AirPods could feature improved noise cancellation, while the series of Apple Watches 10 might have a bigger, smaller screen.