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Richard Branson Sheds Virgin Galactic Stake By $150M

British billionaire Sir Richard Branson sold nearly $150 million worth shares of his space tourism company Virgin Galactic Holdings Inc (NYSE: SPCE) over the course of three days, as per a regulatory filing. read more.....»»

Category: blogSource: benzingaApr 15th, 2021

: 23andMe is going public via a merger with Richard Branson’s blank-check company

23andMe, a consumer genetics company, is going public via a merger with Richard Branson's special-purpose acquisition corporation, or SPAC, VG Acquisition Corp., in a deal with an enterprise value of about $3.5 billion, the companies said Thursday......»»

Category: topSource: marketwatchFeb 6th, 2021

Genetic testing company 23andMe to go public via merger with Richard Branson"s SPAC in $3.5 billion deal

23andMe, a consumer genetics company, is going public via a merger with Richard Branson's special purpose acquisition corporation (SPAC) VG Acquisition Corp. , in a deal with an enterprise value of about $3.5 billion, the companies s.....»»

Category: topSource: marketwatchFeb 4th, 2021

PayPal CEO Dan Schulman shares the lesson Richard Branson taught him about leading a company - and why he thinks more companies need to adopt it

From 2001 to 2009, Branson served as a mentor to Schulman, who was CEO of Virgin Mobile at the time. .....»»

Category: topSource: businessinsiderDec 30th, 2020

CommerceHub co-founders Frank Poore and Richard Jones are stepping down

The two founders — Poore is CEO and Jones is chief technical officer — made the decision following a new investment this month that values the company at $1.9 billion......»»

Category: topSource: bizjournalsDec 17th, 2020

Richard Branson to sell 25 million shares in Virgin Galactic to battle pandemic impact

Billionaire Richard Branson's Virgin Group said on Monday that it may sell up to 25 million shares of space tourism company Virgin Galactic Holdings Inc to raise funds amid the COVID-19 pandemic......»»

Category: topSource: reutersMay 11th, 2020

Richard Branson cleared to sell $1B of Virgin Galactic stake: Report

Richard Branson is free to sell a nearly $1 billion stake in Virgin Galactic, half his stake in the aerospace company he founded......»»

Category: topSource: foxnewsMay 8th, 2020

Virgin Galactic to run as a critical infrastructure business during pandemic

Billionaire Richard Branson's space tourism company Virgin Galactic Holdings Inc will keep running as a critical infrastructure business, even as many U.S. states in which it operates have mandated business closures during the coronavirus outbreak......»»

Category: topSource: reutersApr 12th, 2020

Richard Branson"s Virgin Orbit will soon begin mass producing ventilator devices

California-based Virgin Orbit has teamed up with researchers to make a ventilator device to help fill a critical shortage in the U.S. as it battles the growing coronavirus outbreak. According to a report in CNBC, the company that is own.....»»

Category: topSource: marketwatchMar 30th, 2020

Branson"s rocket company Virgin Orbit to make ventilators

Richard Branson's California-based rocket company Virgin Orbit partnered with medical researchers and developed a ventilator device......»»

Category: topSource: moneycentralMar 30th, 2020

Hudson"s Bay Co Chairman Richard Baker to take over as CEO

Hudson's Bay Co Chairman Richard Baker will take over as chief executive officer, the company said on Tuesday, after his bid to take the owner of Saks Fifth Avenue private was approved by shareholders......»»

Category: topSource: reutersMar 3rd, 2020

In first public results, Branson"s Virgin Galactic posts $73 million quarterly loss

Billionaire Richard Branson's space tourism company, Virgin Galactic Holdings Inc , said on Tuesday its fourth-quarter net loss widened to $73 million from a year-ago loss of $46 million as it reported its first results as a publicly traded company......»»

Category: topSource: reutersFeb 25th, 2020

In first public results, Branson"s Virgin Galactic posts $73 mln quarterly loss

Billionaire Richard Branson's space tourism company, Virgin Galactic Holdings Inc , said on Tuesday its fourth-quarter net loss widened to $73 million from a year-ago loss of $46 million as it reported its first results as a publicly traded company......»»

Category: topSource: reutersFeb 25th, 2020

Virgin Galactic"s quarterly loss widens to $73 million

Billionaire Richard Branson's space tourism company, Virgin Galactic Holdings Inc , said on Tuesday its fourth-quarter net loss widened to $73 million from a year-ago loss of $46 million as it reported its first results as a publicly traded company......»»

Category: topSource: reutersFeb 25th, 2020

Virgin Galactic set to hire more employees in southern NM

With its first commercial flight expected to take to the skies from Spaceport America this year, Richard Branson's Virgin Galactic is on a mission to hire. The space company plans to bring on at least 50 new employees in New Mexico, including a variety .....»»

Category: topSource: bizjournalsJan 14th, 2020

Apple TV+ in talks to sign production deal with former HBO chief

Apple Inc. is on the verge of a coup. The technology company is in "advanced talks" with Richard Plepler, the former chairman and CEO of HBO, for Apple TV+, reported The Wall Street Journal. Under the deal, Plepler's company RLP & Co. would make orig.....»»

Category: topSource: bizjournalsNov 12th, 2019

Former HBO chief is in advanced talks to sign exclusive production deal with Apple: report

Former HBO Chief Executive Richard Plepler is closing in on an exclusive production deal with Apple Inc.'s new streaming service. Plepler's company, RLP & Co., would create original content for Apple TV+ under a deal expected to be finali.....»»

Category: topSource: marketwatchNov 12th, 2019

JD.com"s Liu resigns from China parliament advisory body: state tv

Richard Liu, the founder and chief executive of Chinese e-commerce company JD.com , has resigned from the advisory body to China's parliament for "personal reasons", state broadcaster CCTV reported on Thursday......»»

Category: topSource: reutersNov 7th, 2019

Richard Branson"s Virgin Galactic soars before crashing to earth in NYSE debut

Richard Branson-backed Virgin Galactic Holdings Inc fetched a valuation of around $2.3 billion on its market debut on Monday, after shares in the first publicly traded space tourism company popped before fizzling out......»»

Category: topSource: reutersOct 28th, 2019

Virgin Galactic Execs Talk Long-Term Outlook After IPO Debut

Richard Branson's space tourism company Virgin Galactic Holdings, Inc. (NYSE: SPCE) will boast gross margins that look "as good as one of the best" software companies, investor Chamath Palihapitiya read more.....»»

Category: blogSource: benzingaOct 28th, 2019