The SpaceX subsidiary is in the final stages of securing a licence to establish a ground station on the Isle of Man. The company has already acquired the right to use particular spectrum bands, has acquired a telecoms licence, and has received the go-ahead to install equipment on the island. Alongside its bases in Cornwall […]
Square and Afterpay have entered into a “Scheme Implementation Deed” under which Square will acquire all of the issued shares in Afterpay. The transaction will be paid entirely in stock and is estimated to have a value of $29 billion. Like many other buy-now-pay-later companies, Afterpay has thrived during the pandemic as more shoppers have […]
On Friday, Xavier Niel announced a “simplified public tender” offer for Iliad shares at an offer price of $216 per share. The proposal saw a 61% increase for the stock on the Euronext Paris, boosting Niel’s net worth by $3 billion up to an estimated net worth of $10.4 billion. Niel owns approximately 70% of […]
Moeller currently stands as vice chairman and chief operating officer of Procter & Gamble. As well as becoming CEO, Moeller will take over as the company’s president, a title which is currently held by Taylor. Moeller graduated from Cornell University in 1986 and later received an M.B.A from the same institution in 1988. Since then, […]
In an open letter to NASA administrator Bill Nelson, Bezos said he would waive up to $2 billion in contract payments for the first two years if NASA agrees to add his space company, Blue Origin’s, lunar lander to a key phase of its Human Landing System programme. The programme will see humans landing on […]
Speaking at a virtual press conference held on Tuesday, Changpeng Zhao said that, whilst he has no plans to quit his role for the time being, the company does have a succession plan in place. Zhao said that as Binance moves towards becoming a fully regulated financial institution, he would be “very open” to finding […]
In the three months to the end of June, Tesla saw sales rise to $12 billion, a figure which has doubled from a year ago when its US factory was shut down. Over the same time period, the electric car manufacturer has said it delivered a record 200,000 vehicles to customers, adding that public support […]
Naguib Sawiris has said that creating a fund is the natural step after La Mancha vended-in its operational assets into Evolution Mining and Endeavour Mining in 2015. The fund will include La Mancha’s gold mining assets in Endeavour Mining, Evolution Mining, Altus Strategies, and Golden Star. The fund, which will be advised by La Mancha […]
Soros, known to regularly support Democratic congressional candidates and attorney generals, has donated $1 million to racial justice organisation Colour of Change PAC. The organisation, which supports the defunding of the police following the killings of George Floyd, Breonna Taylor, and many others, has called itself the United States’ largest online racial organisation. The $1 […]
The page-long application was written by Jobs after he dropped out of Reed College, three years before he co-founded Apple in 1976 alongside Steve Wozniak. The application says he was interested in electronics tech or design engineer positions, although doesn’t list a particular position or the company. Jobs’ listed his skills as computer and calculator […]
Mikell’s appointment as CFO and senior vice president follows a shakeup of Exxon’s board by activist investor Engine No.1 due to concerns over the energy giant’s corporate culture and its financial performance. Mikells will be the first woman and outsider to join Exxon Mobil’s management committee. Mikells is set to join Exxon from September after […]
On Tuesday, Amazon founder Jeff Bezos successfully completed his long-anticipated trip to space on a rocket produced by his own private aerospace manufacturer Blue Origin. The trip lasted around 10 minutes, with Mr Bezos being accompanied by his brother, Wally Funk, and 18-year-old Dutch student, Oliver Daemen, who paid millions to experience the flight alongside […]
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