Peter Thiel’s Founders Fund becomes first institutional investor in marijuana January 8, 2015 The Founders Fund, headed by PayPal founder Peter Thiel, has made a multi-million dollar investment in America's flowering marijuana industry. After weeks of media chatter, Founders Fund confirmed its investment in Privateer Holdings, the firm responsible for the launch of Marley Natural, one of the world's first global cannabis brands. The company has not revealed [...]
Elon Musk reveals all in Reddit AMA shortly before SpaceX rocket launch cancelled January 6, 2015 Elon Musk, Silicon Valley’s enigmatic answer to Richard Branson, had an interesting day yesterday. The soon-to-be-divorced (from English actress Talulah Riley, again) SpaceX founder was due to send one of his rockets, Falcon X, to the International Space Station – then safely land it back on earth to be used again, a first in rocket [...]
SpaceX Falcon 9 mission to International Space Station is put on hold until Friday January 6, 2015 SpaceX's plan to send a rocket up into space and then land it safely back on Earth has been aborted until Friday. The mission, which involves sending a cargo to the International Space Station (ISS) aboard rocket Falcon X, was almost ready to go this morning when a technical issue meant it had to [...]
Elon Musk’s SpaceX rocket landing: Here’s what you need to know about Friday’s International Space Station mission January 6, 2015 On Friday, SpaceX will attempt to return a rocket to Earth for the first time ever. The Falcon 9 vessel will be launched into space, from where it will release its Dragon cargo spacecraft towards the International Space Station (ISS). It will then change direction and come back down towards Earth. The attempted landing [...]
Tesla founder Elon Musk divorces his British wife – for the second time January 2, 2015 It can't be easy living with a multi-billionaire with so many ideas that he has to offer some of them to other people because he doesn't have time to take advantage of them all. But you'd have thought that's a lesson Tesla founder Elon Musk's soon-to-be ex-wife, British actress Talulah Riley, might have learned the [...]
PayPal co-founder Peter Thiel talks quarter-life crises and how to tackle the state November 2, 2014 It's not every day that you get to speak to Silicon Valley royalty. And Peter Thiel, co-founder of PayPal, first outside investor in Facebook, fund manager, and leader of multiple firms, is a dynasty heavyweight. Having just published his new book, Zero to One, he’s keen to talk about some of his latest ideas. [...]
Orbital Sciences Corp share price plunges: Nasa video shows Antares space station rocket explosion October 29, 2014 Shares in Orbital Sciences Corp have fallen faster than its Antares rocket in US pre-market trading overnight, dropping as much as 16 per cent after its mission to the International Space Station exploded spectacularly seconds after launch. The unmanned rocket was taking 5,000 pounds of supplies to the space station, but exploded shortly after it [...]
Elon Musk: “We need to be careful with artificial intelligence” October 27, 2014 Elon Musk may have made millions from technology, but that doesn't mean he doesn't worry about it bringing about a Terminator-style end to humanity. During a talk to students at the Massachusetts Institute of Technology, the SpaceX-Tesla-PayPal tycoon warned that "we should be very careful" about how we use artificial intelligence, adding it could be humanity's [...]
Elon Musk’s SpaceX wins Nasa commercial flight contract September 17, 2014 It’s a good day for PayPal founder Elon Musk; his SpaceX corporation has been selected by Nasa as one of the two firms to design crew capsules for transporting astronauts to the International Space Station (ISS). The Commercial Crew Development programme has awarded SpaceX and Boeing a combined sum of $6.2bn to develop the capsules. [...]
Boeing and SpaceX will share a $6.8bn space taxi Nasa contract September 16, 2014 NASA yesterday revealed Boeing and SpaceX will share a $6.8bn (£4.2bn) contract to fly astronauts to the International Space Station (ISS). Massive aerospace and defence company Boeing will get $4.2bn from Nasa to use its CST-100 capsule to ferry astronauts to the ISS. Meanwhile SpaceX, founded in 2002 by former Paypal entrepreneur and Tesla Motors [...]