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Cashing in on SpaceX: Every chance I get, Ill sell a little more
Posted onAndre Lavoie joined SpaceX in 2009 as an engineer, designing the pressure tanks that help power its rocket. He was paid partly in stock – a common trade-off at start-ups as a hiring incentive. Some 17 years on, those 200,000 shares he was given are worth about $23m (£17m) – and the 63-year-old says he’s…
What the Warner Bros deal could mean for streaming, cinemas and news
Posted onRodney Benson, a media professor at New York University, called the deal “concerning”, would leave America’s largest media companies further concentrated in the hands of conservatives. Many of those owners, including the Ellison family, have separate, non news-related business interests that depend on government contracts or regulation and are therefore particularly vulnerable to pressure, he…
Heathrow cyber-attack: Airports brace for second day of disruption
Posted onWatch: Sea of people seen at Brussels airport Air travellers are facing another day of disruption at several European airports including Heathrow, after a cyber-attack knocked out a check-in and baggage system. There were hundreds of delays on Saturday after the software used by several airlines failed, with affected airports boarding passengers using pen and…
