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This Startup Developed a Promising New Battery Material—and a Novel Survival Strategy

Kenan Sahin made $1.5 billion on his first company. Now he’s using his resources and experience to advance lithium-ion cathodes, propel electric vehicles, and help other battery startups succeed. As Kenan Sahin walks through the labs at Tiax, an energy technology development firm located along Boston’s tech beltway, he points to a row of little muffle furnaces in a small beige room. The company’s researchers use the ovens to heat mixtures of metals, producing slight variations of a nickel-rich cathode recipe that Sahin believes will improve the energy density, cycle life, and price of lithium-ion batteries.

November 16, 2017
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Turkish Burger King Operator TFI Files for IPO in New York

Burger King’s biggest franchisee outside the U.S., TFI TAB Gida Yatirimlari AS, filed for an initial public offering in New York. The Turkish company hasn’t yet decided how many American depositary shares it will offer or the price range it will use to market the stock, according to a statement Monday. TFI is planning to go public as early as next year, people familiar with the matter said in September.

November 16, 2017
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Chobani Building $21 Million Research Center, Not in New York

Chobani, the second-largest yogurt maker in the United States, has picked Idaho, not upstate New York, as the site of its new $21 million research center. The Greek yogurt giant founded by former University at Albany student Hamdi Ulukaya is headquartered in New Berlin, New York, about 100 miles west of Albany. Chobani announced late last week that it is building a 70,000-square-foot expansion in Twin Falls, Idaho, where the company has invested $850 million over the past five years.

November 14, 2017
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Turkish Businessman Alptekin Rejects Kidnapping Plot Allegations

A Turkish businessman on Saturday refuted “fabricated” allegations that a former aide to U.S President Donald Trump discussed with Turkish representatives, a quid pro quo plan to kidnap Fetullah Gulen, the U.S based-leader of the Fetullah Terror Organization (FETO). The Wall Street Journal claimed in a report that Ekim Alptekin, a Turkish businessman, organized a meeting between former White House National Security Adviser Michael Flynn and Turkish representatives in 2016. Alptekin told Anadolu Agency: “Turkey and the possible bilateral relations with the U.S. -- and nothing illegal -- were discussed in the meeting."

November 13, 2017
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Founder and CEO Hamdi Ulukaya addresses the crowd during the groundbreaking ceremony for the new Research and Development building Thursday at Chobani in Twin Falls.

Chobani’s Big Vision for the Magic Valley

Just six years after building the world’s largest yogurt factory from scratch in the desert in south Twin Falls, Chobani is plotting its next miracle: an additional $100 million in expansion projects. The goal, says founder Hamdi Ulukaya, is to transform southern Idaho into the Silicon Valley of food innovation. Gov. C.L. “Butch” Otter calls the plan epic. Some folks may underestimate southern Idaho. Ulukaya isn’t one of them. In fact, he sees potential here that seems almost limitless.

November 13, 2017
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Elon Musk Just Got 1 Million Likes for An Instagram Photo Taken at A Turkish Memorial

Elon Musk met personally with the Turkish President Recep Tayyip Erdogan last week. The photo of Tesla’s founder got 1 million likes for an Instagram photo taken at a memorial of Mustafa Kemal Ataturk. SpaceX CEO Elon Musk finished this week with a new record, his Instagram photo from the Turkish memorial just blown the social media and earned 1 million likes! That is a record, none user has earned more likes than anything else he has posted to Instagram.

November 13, 2017
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Ablak Holdings Announces Acquisition Of Tulumba.com

PITTSBURGH, Nov. 9, 2017 /PRNewswire/ -- Pittsburgh-based Ablak Holdings announced today the acquisition of international Turkish food, gifts and services website, Tulumba.com. The acquisition marks an important addition to Ablak's impressive 30-year history and portfolio which includes Vocelli Pizza, Rock 'n' Joe Coffee Bar, Sincerely Yogurt, V3 Flatbread Pizza and Zing Basket. Established in 2003, Tulumba.com has developed an international following and grown to be the #1 website for Turkish products outside of Turkey. The site offers a remarkable array of products and services including Turkish foods, media, home & personal accessories, gifts & flowers, sports & games, and more.

November 10, 2017
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VP Pence with PM Yildirim at White House

Turkish PM, US Vice President Hope for 'New Chapter'

Prime Minister Binali Yildirim and U.S. Vice President Mike Pence hoped for "a new chapter” between the both countries during their meeting in Washington Thursday, according to the White House. The meeting, which was closed to the media, started at the Roosevelt room at 11 a.m. local time (0400 GMT) and lasted an hour and 20 minutes. Discussing a wide range of bilateral and regional issues during a meeting, Turkey’s Foreign Minister Mevlut Cavusoglu, Energy Minister Berat Albayrak, Turkish Ambassador to the U.S. Serdar Kilic and Justice and Development (AK) Party Deputy Chairman Mehmet Mus also accompanied Yildirim.

November 9, 2017
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Comodo Sells SSL Business to Silicon Valley VC Firm for Undisclosed Amount

Private equity firm Francisco Partners announced on Oct. 31 that it has acquired the SSL/TLS Certificate Authority (CA) business from security firm Comodo Group. Financial terms of the deal are not being publicly disclosed. "This is a carve-out of the Comodo SSL business, which is now going to be a separate legal and operational entity," Bill Holtz, CEO of Comodo CA told eWEEK. Holtz is joined on the management team of the new Comodo CA business with Chairman of the Board Bill Conner, who is also the current CEO of network security vendor SonicWall. Comodo Group founder Melih Abdulhayoglu, will retain a minority stake in the Comodo CA business, as well as taking an observers role on the Comodo CA board of directors.

October 31, 2017
Published in Businessman
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Revamped Jets Set for Turkish Airlines L.America Routes

Turkey's national flag carrier Turkish Airlines (THY) is sending revamped planes to its flights to Colombia and Panama to give passengers traveling to Latin America and back extra comfort. Cemal Kaya, Turkish Airlines’ manager in Colombia, Panama and Venezuela, told Anadolu Agency on Monday that the planes serving the Colombia and Panama line have been renovated for a more comfortable flight. Explaining that despite its marathon 13-hour length, the Istanbul-Bogota-Panama line has many passengers, Kaya said that with the renovated planes THY started to give better service to its customers and has gotten lots of positive feedback.

October 31, 2017
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US Visa Row Hinders Trade, Says Turkish Minister

Customs and Trade Minister Bulent Tufenkci said Tuesday he hoped the visa row between Turkey and the U.S. gets resolved soon since it hinders trade. The Turkey-U.S. visa row was sparked on Oct. 8, when the U.S. Embassy in Ankara announced the suspension of non-immigrant visa services to Turkish nationals, following the arrest of a local employee at the U.S. Consulate in Istanbul, prompting a tit-for-tat response from Ankara. Speaking at a meeting with the U.S. Chamber of Commerce committee in capital Ankara, Tufenkci said: "I hope the visa suspension will be removed shortly and negotiations will be concluded positively, and contribute to increasing trade volume between the two countries."

October 26, 2017
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Draper and Sierra Nevada Corporation Announce New Agreement for Space Missions

CAMBRIDGE, MA—Building on a long-term strategic partnership, Draper and Sierra Nevada Corporation (SNC) signed a memorandum of understanding (MOU) that sets a course for the two companies to explore development of space technologies, applications and missions related to SNC’s Dream Chaser® spacecraft. Customers for the new agreement include commercial entities, researchers, private foundations and NASA itself, which announced in February that it seeks partnerships with U.S. companies to advance the commercial space sector and support NASA’s own mission.

October 24, 2017
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Maxim Integrated Products (NASDAQ:MXIM) Stock Has Just Had Its Market Perform Rating Reiterated by Wells Fargo

Investors sentiment increased to 1.18 in Q2 2017. Its up 0.07, from 1.11 in 2017Q1. It improved, as 33 investors sold Maxim Integrated Products Inc. shares while 142 reduced holdings. 62 funds opened positions while 144 raised stakes. 249.67 million shares or 0.74% more from 247.83 million shares in 2017Q1 were reported.

October 24, 2017
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Inaugural Hollywood Turkish Film Festival Held on October 20

LOS ANGELES (October 23, 2017) – The inaugural Hollywood Turkish Film Festival (HTFF), sponsored by the Turkish Ministry of Culture and Tourism, General Directorate of Cinema and Turkish Airlines was held from October 20-22, 2017 in Los Angeles’ Paramount Pictures Studios with a special viewing of the critically acclaimed Turkish film Ayla. The best of Turkish cinema was showcased in a three-day program, bringing together filmmakers, actors, cinema enthusiasts, critics and industry influencers. The film festival aimed to recognize the diversity, significance and contributions of the Turkish film community.

October 24, 2017
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