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☆ ‘World’s oldest bread,’ dating back 8,600 years, discovered in Turkey
▼ + stars: | 2024-03-08 | by ( Amarachi Orie | ) edition.cnn.com time to read: +3 min

CNN —Archeologists in Turkey say they have discovered the world’s oldest known bread, dating back to 6600 BC. Around the oven, archeologists found wheat, barley, pea seeds and a palm-sized, round, “spongy” residue, it said in a press release Wednesday. Flour and water had been mixed in, with the bread having been prepared next to the oven and kept for a while. “It is an exciting discovery for Turkey and the world,” Kavak said. The organic matter – both wood and bread – was preserved by thin clay that covered the structure, according to Türkcan.

Persons: Turkey’s, Ali Umut Türkcan, Salih Kavak, ” Kavak, “ Çatalhöyük, ” Türkcan Organizations: CNN, Turkey’s Necmettin Erbakan University Science, Technology Research, Anadolu University, Anadolu Agency, Gaziantep University, UNESCO, Research Locations: Turkey, ”, Çatalhöyük, Turkish, Konya

☆ Jay Z's luxury watch collection is worth millions and includes one of the most complicated timepieces ever made
▼ + stars: | 2024-01-21 | by ( Julie Gerstein | ) www.businessinsider.com time to read: +9 min

Richard Mille RM011 Felipe Massa Chronograph Rose GoldJay Z expanded his collection of Richard Mille watches with this RM011 Felipe Massa Chronograph in rose gold. The rapper's Audemars Piguet Royal Oak 26585CE has an openwork sapphire dial and rose gold dial markers. Patek Philippe Nautilus 5711 in Tiffany BlueThe Patek Philippe 5711 was released in limited quantities in early 2021. The watch is based on the AP Royal Oak design that debuted in 1972 from watch designer Gérald Genta. Patek Philippe 2499Patek Philippe produced this watch from 1950 to 1985 in extremely limited quantities — only 349 were made.

Persons: —, Jay Z, Shawn Carter, Audemars Piguet, Hublot, Otis, Beyoncé, de Genève, Jay Z's Shawn Carter Hublot, Shawn Carter Hublot, Richard Mille, Richard Mille Jay Z's, freestyled, Rich Schultz, Richard Mille RM011 Felipe Massa Chronograph Rose, Felipe Massa Chronograph, Felipe Massa, Mille, Richard Mille RM027 Rafael Nadal Richard Mille, Matthew Stockman, Richard Mille RM027 Rafael Nadal, Rafael Nadal, Novak Djokovic, Nadal, Richard Mille Rafael Nadal, Roger Kisby, Audemars that's, 26585CE, Philippe, Phillip, Tiffany, Tiffanys Jay Z, Patek Philippe collab, Tiffany Blue, Audemars, Yves Klein, Klein, Gérald, Paul Newman Dial, Paul Newman, Newman, Jay, Z, Patek Philippe, Phillip Patek Jay Z, DJ Khaled, Patek, Patek Philippe Grandmaster, Getty, Jay Z's Patek Philippe, Tony Kavak, Kavak Organizations: Service, Business, GQ, Getty, Radio City Music Hall, Philippe Nautilus, AP, IFL Locations: Swiss, Brooklyn, Mille, Paris, French, Christie's, Geneva

[1/4] Ibrahim Kurt helps salvage belongings from a collapsed home in the aftermath of a deadly earthquake in Nurdagi, Turkey, March 5, 2023. This 20-year-long rapid construction came crashing down in just two minutes," said Hasan Bal, 52, a retired teacher who lost 10 immediate relatives in the magnitude 7.8 quake. The initial quake on Feb. 6 tremor sliced directly through Nurdagi, leaving it among the worst hit communities in Turkey's deadliest modern disaster. Residents say cheap credit had helped the town expand, reflecting a nationwide building boom that has defined Erdogan's two decades in power. Aslan said her family is thankful for a furnished container home where they live for now on the outskirts of town.

☆ SoftBank-backed Kavak lays off staff, makes 'significant' cuts -internal email
▼ + stars: | 2022-11-25 | by ( Valentine Hilaire | ) www.reuters.com time to read: +2 min

[1/2] An employee checks a car at used autos platform Kavak in Mexico City, Mexico, August 25, 2020. REUTERS/Edgard GarridoMEXICO CITY, Nov 25 (Reuters) - Mexican online used-car dealership Kavak has made significant spending cuts and laid off staff as it prepares for a challenging 2023, according to an internal email sent Friday and seen by Reuters. Carlos Garcia, the start-up's chief executive, said in the email that Kavak has made "significant cuts in expenditure ... reducing the size of the team accordingly." The email did not specify what regions were affected by the cuts or the number of people laid off. A company spokesperson confirmed the email had been sent but declined to provide additional details.

☆ SoftBank-backed tech unicorn Kavak expands in Middle East
▼ + stars: | 2022-10-12 | by ( Valentine Hilaire | ) www.reuters.com time to read: +2 min

The facade of used autos platform Kavak is pictured in Mexico City, Mexico, August 25, 2020. Kavak plans to invest $130 million over the next two years in the three Middle-Eastern countries, which are set to represent 7-10% of its business, Garcia said. Kavak, which buys used cars, fixes them up and resells them, has grown quickly in its six years of existence and now operates in 10 countries. He said customer satisfaction levels have risen in Mexico, with around 70% of users recommending Kavak after purchasing services. Kavak is not planning any additional expansions this year and will focus on its existing operations.

☆ Mexican used-car startup Kavak lands $810 mln in debt financing
▼ + stars: | 2022-09-20 | by ( Kylie Madry | ) www.reuters.com time to read: +2 min

A logo of used autos platform Kavak is pictured on a car in Mexico City, Mexico, August 25, 2020. The HSBC financing comes in the form of a forward flow agreement, Kavak said, in which the bank will buy collection rights for a set of Kavak's used car loans. Kavak, which calls itself the largest pre-owned car operation in the world, was Mexico's first "unicorn," a startup worth more than $1 billion. The startup for the first time expanded outside of Latin America, launching operations in Turkey, in July. Our debt is cheap, even under a AAA bond on the Mexican stock exchange," he said.

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