Richard Branson Archives

aerospace, Business, Companies, News, Space and Science

Virgin Hyperloop One Raises $50m and Names Branson Chair

In October, we wrote about Sir Richard Branson’s Virgin Group has invested an undisclosed amount in Hyperloop One, the frontrunner of a number of companies competing to bring Elon Musk’s futuristic vision of a magnetically-propelled high-speed transport system to life. Now, however, it is confirmed that the company got a lifeline in the form of $50m from Russian and Dubai investors. “This investment provides Virgin Hyperloop One with a very robust financial platform for 2018,” chief executive Rob Lloyd said in a statement. “Our focus in 2018 will be on accelerating commercial agreements for both passenger and cargo projects.” The Los Angeles-based start-up also named investor Richard Branson

aerospace, Business, Companies, Entertainment, News, VR World

Richard Branson invests in Hyperloop One

Sir Richard Branson’s Virgin Group has invested an undisclosed amount in Hyperloop One, the frontrunner of a number of companies competing to bring Elon Musk’s futuristic vision of a magnetically-propelled high-speed transport system to life. Musk is credited with creating the idea of the hyperloop, a super speedy method of passenger travel that involves pressurized capsules. He also founded The Boring Company, which is setting out to build hyperloop tunnels. Hyperloop technology is based on the idea of using an electric motor to accelerate an electromagnetically levitated pod through a low-pressure tube, which could theoretically reach speeds of up to 670mph with no turbulence. The fastest recorded

Artificial Intelligence, Business, Companies, Education, Entertainment, Event, News, Social Media, VR World

Branson: Basic Income is crucial for the rise of AI

Richard Branson has backed the introduction of a universal basic income and said it is crucial to tackling the rise of artificial intelligence (AI). The billionaire said it could help protect people whose jobs will be lost as a result of new technology. Another reason the world should look to the Nordics, according to Branson, is its experiments with universal basic income — which can help counter the effects of AI. “In Finland you are experimenting with it in at least one city at the moment,” says Branson, who recently announced his support for the idea. “Basic income is going to be all the more important. If a lot more wealth is created

2015, Android, Apple, Business, Companies, Consumer Electronics Show (CES), Event, Mobile Computing, Operating Systems, Software Programs, VR World

CES to Stage Extreme Tech Challenge

Three winners from the Extreme Tech Challenge (XTC) will be chosen at CES 2015. All ten finalists will appear on stage at the Venetian in Las Vegas to vie for the opportunity to present their product later to Sir Richard Branson. Finalists have been helped towards their goal with a boost from such companies as Amazon who provides web service. Rackspace offers no-fee hosting. Back-up and recovery services come from Axcient. Helpful tools were additional perks, such as app development from Progress and from Spotfire data analytics from TIBCO. Entrants came from more than 100 countries and were whittled down to the final ten. Only

Audio/Video, Auto, Business, Hardware, Mobile Computing, VR World

Skully Motorcycle Helmet: Extreme Tech Challenge Finalist

More than 1,900 applied, only 10 were chosen. The Extreme Tech Challenge finalists vying to pitch their company to Sir Richard Branson on Necker, his private island, includes Skully, a smart motorcycle helmet. Skully combines the latest in technology in one extreme helmet. To begin with let’s cover the basics. The streamlined helmet is water and dust proof with a comfortable NASA originated Outlast lining that is removable and washable. It comes in black or white and gives you a Darth Vadar appearance. Now, on to the technology. Essentially, the Skully AR-1 eliminates blind spots. The helmet sports a 180 degree rear view camera with

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