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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.....»»
: 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......»»
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.....»»
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. .....»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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 .....»»
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.....»»
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.....»»
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......»»
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......»»
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.....»»