Virgin Galactic brings space tourism to public markets as New York float beckons October 27, 2019 Investors will get their first chance to buy into a space tourism firm tomorrow, when shares in Sir Richard Branson’s Virgin Galactic start trading in New York. The company tied the knot on a merger with a US investment vehicle late on Friday, meaning it will go public when markets open tomorrow, in what its [...]
DEBATE: Virgin Galactic is planning to float on the New York Stock Exchange – is going public a wise move? October 25, 2019 Virgin Galactic is planning to float on the New York Stock Exchange – is going public a wise move? John Mullins, associate professor of management practice at London Business School, says YES. It was exciting to learn that Sir Richard Branson is planning to float his space venture Virgin Galactic on the New York Stock [...]
Tesla holds share gains after surprise third quarter profit October 24, 2019 Shares in electric car firm Tesla were up more than 16 per cent today after chief executive Elon Musk delivered his promise that the company would return to profitability in the third quarter. The company’s shares surged 18 per cent in after hours trading last night after the car maker beat analyst expectations and posted [...]
Sir Richard Branson set to launch Virgin Galactic float on Monday October 24, 2019 Sir Richard Branson has announced that he is planning to float his space venture Virgin Galactic on the New York Stock Exchange on Monday. Branson said he hoped to be there to ring the bell himself as his space flight company becomes the first to go public next week. Read more: Boeing invests $20m in [...]
Space race: Boeing invests $20m in Richard Branson’s Virgin Galactic as it prepares public listing October 8, 2019 Boeing is to invest $20m in Sir Richard Branson’s space-tourism venture Virgin Galactic, meaning it will have more money to take on rivals such as Elon Musk and Jeff Bezos in the commercial space race. Branson founded space venture Virgin Galactic in a bid to cash in on rising demand for space travel. He is [...]
Elon Musk offered investigator $10,000 bonus for dirt on diver he had labelled a ‘pedo guy’ October 8, 2019 Tesla chief executive Elon Musk offered a $10,000 (£8,154) bonus for dirt on a British diver he labelled a “pedo guy” after a spat about whether a submarine he offered to rescue a Thai football team stuck in a cave was a publicity stunt. According to a document filed by diver Vern Unsworth’s legal team [...]
Tesla share price falls after it misses deliveries target October 2, 2019 Shares in Tesla fell as much as six per cent in post-close trading after it delivered fewer vehicles than expected in the third quarter. Elon Musk’s firm delivered a record 97,000 vehicles in the quarter, up 1.9 per cent on the previous three months. However, this was below estimates of 97,477. The total consisted of [...]
The Beano’s message for brands: Think more ‘kid’ October 1, 2019 Once the epicentre of hacks, liquid lunches, and anonymous sources, Fleet Street now finds itself home to international Emmy-nominated content makers, creatives, and digital gurus. In fact, Beano’s London HQ has been based in Fleet Street since 2016. As well as taking the famous (and infamous) Dennis and Gnasher global in our new animation – [...]
Microsoft issues emergency security fix for Internet Explorer September 24, 2019 Microsoft has released an emergency patch for its ageing Internet Explorer browser to fix a bug that hackers have used to exploit web users. Read more: Microsoft invests $1bn in Elon Musk’s Open AI The US tech giant warned users that cyber thieves could use the bug to take over people’s devices and install malware. [...]
Elon Musk claims ‘pedo guy’ insult was not accusation September 17, 2019 Tech billionaire Elon Musk said he did not intend to accuse a British diver of paedophilia by calling him a “pedo guy” on Twitter. The Tesla founder last night sought to dismiss a defamation lawsuit filed by diver Vernon Unsworth, saying the phrase was a “common insult used in South Africa when I was growing [...]