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    Divyakant Solanki / EPA
  • Rich-Joseph Facun / The National
    Rich-Joseph Facun / The National
  • Jonathan Olley © 2016 Lucasfilm Ltd
    Jonathan Olley © 2016 Lucasfilm Ltd
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    Gene Blevins / AFP
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    Tara Ziemba / WireImage / Getty Images

Holly to Bolly: Stan Lee’s still working at 94, Actor Akshay Kumar reveals his workload for 2017, and more


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Stan Lee’s still working at 94

Legendary writer Stan Lee is showing no signs of slowing down despite having just turned 94. "I plan to keep creating characters with my company, Pow! Entertainment," Lee says. "We just launched a new animated series called Stan Lee's Cosmic Crusaders, a new digital graphic novel God Woke, and our TV show Lucky Man is going into its second season." Lee, whose real name is Stanley Martin Lieber, is a comic-book writer, publisher, television host, actor and former president and chairman of Marvel Comics. The man, who turned a year older on December 28 last year, added that he loves his work and feels very fortunate to carry on with it for as long as he can. — IANS

Actor Akshay Kumar reveals his workload for 2017

Bollywood star Akshay Kumar has shared his line-up of films for the coming 12 months with his fans. "Busy summing up the year gone by? It's time to not look back, but look ahead. Here's what my 2017 looks like. Your thoughts, love and luck needed," the 49-year-old tweeted. The first movie in the pipeline is a courtroom comedy drama titled Jolly LLB 2. Kumar's second film is called Toilet — Ek Prem Katha, and is directed by Shree Narayan Singh. Following its release, the star will then be seen in the Tamil science-fiction action thriller 2.o before embarking upon his final project of the year, a biopic about Arunachalam Muruganantham called Pad Man. — IANS

Film director Ali Abbas Zafar makes Facebook debut

Director Ali Abbas Zafar, who had a blockbuster year in 2016 with the smash hit film Sultan, stepped into the world of social media on New Year's Day. "Day 1 of the year, lots of things to do starting with the official Facebook page @Aliabbaszafarofficial ... Please follow for all the updates," the 36-year-old tweeted. Zafar shared pictures and posts with fans from his base in Paris where he was spending time for 'work and holiday' before celebrating the new year in Italy's Vatican City. In the film Sultan, Khan played the lead role of a wrestling champion called Haryana who tries to make a comeback to represent India at the Olympics. — IANS

Rogue One: A Star Wars Story a hit with moviegoers

The films Rogue One: A Star Wars Story and Sing loomed large at movie theatres over the new year's holiday, racking up the biggest revenues. The Star Wars spin-off topped the box office for the third consecutive weekend, earning just under $50 million (Dh183,000) for the three-day period and a projected $64 million for the four-day holiday. The science fiction action film concludes a record-annihilating year for Disney. The studio became the first to top $7 billion in a single year, has fielded four of the five top grossing domestic releases, and should see four of its movies top $1 billion at the global box office. — Reuters

Hollywood sign vandalised to read Hollyweed

For a few hours on New Year’s Day, the famous Hollywood sign in California was changed to read ‘Hollyweed’. Police said that during the night a prankster had used giant tarpaulin sheets to turn two of the iconic sign’s white ‘O’s’ into ‘E’s’. The vandal, who was captured on film by security cameras, could face a misdemeanour trespassing charge for having scaled a protective fence surrounding the sign above Griffith Park, according to authorities. The prank is not an original one having been previously carried out by a college student in 1976. — AP

Bambi artist Tyrus Wong dies aged 106

Tyrus Wong, the artist whose works inspired the Disney film Bambi, has died aged 106. A Chinese immigrant who settled in the United States, Wong's vibrant paintings captured the attention of Walt Disney and became the animated film's distinctive style. "His influence on the artistic composition of the animated feature Bambi cannot be overstated," said The Walt Disney Family Museum in a statement. Wong began working with Disney in 1938 as an "inbetweener", drawing hundreds of pictures between poses to create the illusion of motion. Wong worked at Disney for three years before moving to Warner Brothers as a concept artist while designing greeting cards for Hallmark on the side. — IANS

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

A cryptocurrency primer for beginners

Cryptocurrency Investing  for Dummies – by Kiana Danial 

There are several primers for investing in cryptocurrencies available online, including e-books written by people whose credentials fall apart on the second page of your preferred search engine. 

Ms Danial is a finance coach and former currency analyst who writes for Nasdaq. Her broad-strokes primer (2019) breaks down investing in cryptocurrency into baby steps, while explaining the terms and technologies involved.

Although cryptocurrencies are a fast evolving world, this  book offers a good insight into the game as well as providing some basic tips, strategies and warning signs.

Begin your cryptocurrency journey here. 

Available at Magrudy’s , Dh104 

What are the influencer academy modules?
  1. Mastery of audio-visual content creation. 
  2. Cinematography, shots and movement.
  3. All aspects of post-production.
  4. Emerging technologies and VFX with AI and CGI.
  5. Understanding of marketing objectives and audience engagement.
  6. Tourism industry knowledge.
  7. Professional ethics.
Springsteen: Deliver Me from Nowhere

Director: Scott Cooper

Starring: Jeremy Allen White, Odessa Young, Jeremy Strong

Rating: 4/5

How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

Company Fact Box

Company name/date started: Abwaab Technologies / September 2019

Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO

Based: Amman, Jordan

Sector: Education Technology

Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed

Stage: early-stage startup 

Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.

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%3Cul%3E%0A%3Cli%3ENever%20click%20on%20links%20provided%20via%20app%20or%20SMS%2C%20even%20if%20they%20seem%20to%20come%20from%20authorised%20senders%20at%20first%20glance%3C%2Fli%3E%0A%3Cli%3EAlways%20double-check%20the%20authenticity%20of%20websites%3C%2Fli%3E%0A%3Cli%3EEnable%20Two-Factor%20Authentication%20(2FA)%20for%20all%20your%20working%20and%20personal%20services%3C%2Fli%3E%0A%3Cli%3EOnly%20use%20official%20links%20published%20by%20the%20respective%20entity%3C%2Fli%3E%0A%3Cli%3EDouble-check%20the%20web%20addresses%20to%20reduce%20exposure%20to%20fake%20sites%20created%20with%20domain%20names%20containing%20spelling%20errors%3C%2Fli%3E%0A%3C%2Ful%3E%0A
The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

Royal wedding inspired menu

Ginger, citrus and orange blossom iced tea

Avocado ranch dip with crudites

Cucumber, smoked salmon and cream cheese mini club sandwiches

Elderflower and lemon syllabub meringue

Biography

Favourite book: Zen and the Art of Motorcycle Maintenance

Holiday choice: Anything Disney-related

Proudest achievement: Receiving a presidential award for foreign services.

Family: Wife and three children.

Like motto: You always get what you ask for, the universe listens.

A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

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%3Cp%3ECreator%3A%20Tima%20Shomali%3C%2Fp%3E%0A%3Cp%3EStarring%3A%C2%A0Tara%20Abboud%2C%C2%A0Kira%20Yaghnam%2C%20Tara%20Atalla%3C%2Fp%3E%0A%3Cp%3ERating%3A%204%2F5%3C%2Fp%3E%0A
COMPANY%20PROFILE
%3Cp%3EFounder%3A%20Hani%20Abu%20Ghazaleh%3Cbr%3EBased%3A%20Abu%20Dhabi%2C%20with%20an%20office%20in%20Montreal%3Cbr%3EFounded%3A%202018%3Cbr%3ESector%3A%20Virtual%20Reality%3Cbr%3EInvestment%20raised%3A%20%241.2%20million%2C%20and%20nearing%20close%20of%20%245%20million%20new%20funding%20round%3Cbr%3ENumber%20of%20employees%3A%2012%3C%2Fp%3E%0A