Founder of Nikola (NKLA) Trevor Milton does not pull punches on a possible capital increase to help fund the plans of the zero-emission truck. “So now, we have about $ 900 million in cash in our account today. That we are financially very solid. I know a billion dollars in …
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“Virgin likes to take on seemingly immutable problems, and try to overcome them,” he said in 2018. But these days, Branson’s business empire is facing what may still be the biggest challenge. Virgin Atlantic filed for bankruptcy protection for the U.S. last week as part of a $ 1.5 billion …
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Some of the largest companies in the world, like Amazon and SpaceX, seek space for the future of the Internet. Satellite Internet is an emerging enterprise, but analysts believe that broadband Internet on Earth is flowing from the orbit as a massive business could be less than 20 years old, …
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(Bloomberg) – Facebook Inc. unveiled a new group to pursue opportunities for payments and commerce and put David Marcus, co-maker of its Libra cryptocurrency project, at the forefront of the initiative. Internationally called F2, short for Facebook Financial, the team will carry out all payment projects, including Facebook Pay, the …
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As disputes between Amazon and WarnerMedia over HBO Max continue, WarnerMedia CEO Jason Kilar is pressuring the tech giant to make a deal through the holidays. In a long interview with Bloomberg, one of several Kilar did after a massive reorganization at WarnerMedia last week, Kilar spoke about Amazon’s business …
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