Tag: chairman

Productivity startup Time is Ltd raises $5.6M to be the ‘Google Analytics for company time’

Productivity analytics startup Time is Ltd wants to be the Google Analytics for company time. Or perhaps a sort of “Apple Screen Time” for companies. Whatever the case, the founders reckon that if you can map how time is spent in a company enormous productivity gains can be unlocked and,…

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Virgin Galactic Chairman Chamath Palihapitiya sells off remaining personal stake in the space company

The man who arguably ushered in the current SPAC rush with the merger of Virgin Galactic with his Social Capital Hedosophia holding company has divested the remainder of his personal holdings in the space tourism company. Chamath Palihapitiya, who serves as the Chairman of Virgin Galactic’s board, still holds 6.2%…

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Tesla’s Bitcoin investment could be bad for the company’s climate reputation and its bottom line

Tesla’s $1.5 billion investment in Bitcoin may be good for Elon Musk, but it’s definitely risky for the company that made him the world’s richest man, according to investors, analysts and money managers at some of the country’s largest banks. As a standard bearer for the consumer electric vehicle industry…

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Nikola’s stock crashes after announcing cancelation of contract with Republic Services for 2,500 garbage trucks

The undoing of Nikola continues. Today, the company announced the termination of its contract with Republic Services for 2,500 garbage trucks. Announced back in August, the deal had Nikola building garbage trucks in 2023 with on-road testing scheduled for 2024. This is the latest deal to unravel for Nikola as…

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OneWeb launches 36 satellites to join its global broadband constellation on orbit

In a return to active launch, constellation satellite operator OneWeb has sent 36 new satellites to join its existing spacecraft on orbit. This is the third large batch of OneWeb satellites to be delivered, after an initial launch of six in 2019, and then a second and third launch of…

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Nikola Motor to open pre-orders for fuel cell pickup truck to compete with Ford, Tesla

Nikola Motor, the Arizona startup that made its debut as a publicly traded company June 4, will open up reservations later this month for a hydrogen fuel cell electric pickup truck that was designed to compete with the Ford F-150. Reservations, or pre-orders, will open June 29 for the hydrogen-electric…

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