Hidden man Ian Osborne Spac has built a $ 1.5 billion venture capital firm
When technology financier Ian Osborne invests in a company, managers have to agree on an unusual clause: not to talk about it without his permission.
Such tactics have flown under the radar of Osborne and his company Hedosophia despite largely participating in high-end investments and buying offerings over the past decade.
With early support from media baron Michael Bloomberg, Hong Kong tycoon Li Ka-shing and German Burda family, the 38-year-old Osborne has quietly created a $ 1.5 billion venture capital business.
According to people familiar with the matter, Alibaba, Ant Financial and the Asian company Airwallex have received an investment from Osborne from the European companies Spotify, TransferWise and Raisin.
by David GuraMay, 14 2021
A bartender wearing a protective mask mixes a drink inside a bar in San Francisco on May 6. The latest retail sales data out on Friday showed an increase in sales at restaurants at bars as more people are venturing out amid the continued reopening of the U.S. economy. Image: David Paul Morris/Bloomberg via Getty Images
Retail sales stalled in April as Americans ventured out more to bars and restaurants but spent less on things like clothes or sporting goods.
Data from the Commerce Department on Friday showed retail sales were flat in April from a month earlier.
David Gura A bartender mixes a drink inside a bar last week in San Francisco. The latest retail sales data out on Friday showed an increase in sales at restaurants and bars as more people venture out amid the continued reopening of the U.S. economy. David Paul Morris/Bloomberg via Getty Images
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toggle caption David Paul Morris/Bloomberg via Getty Images
A bartender mixes a drink inside a bar last week in San Francisco. The latest retail sales data out on Friday showed an increase in sales at restaurants and bars as more people venture out amid the continued reopening of the U.S. economy.
Pressure builds for CDC to update indoor-mask requirements for vaccinated people
CDC to weigh changing indoor mask rules
Replay Video UP NEXT A growing consensus among public health experts that the U.S. could soon safely end mask mandates has put pressure on the Centers for Disease Control and Prevention to update its guidance in the weeks ahead or risk losing credibility with the public. All adult Americans who want to get a vaccine will have had the chance to do so in the next two months, the thinking goes, and they should then be able to make their own risk assessment based on the strong efficacy of the vaccines, which experts believe largely protects fully vaccinated Americans from getting severely ill with the virus and from transmitting it.
11 May 2021, 06:05 am
Over the years, Intel has built quite the legacy in terms of overall user preference in usage. But since AMD released their Ryzen line back in 2017, they ve been creeping into Team Blue s territory at a very rapid pace. And the recent Steam hardware survey shows that.
(Photo : Photographer: David Paul Morris/Bloomberg via Getty Images)
Lisa Su, president and chief executive officer of Advanced Micro Devices (AMD), holds a 3rd generation Ryzen desktop processor while speaking during a keynote session at the 2019 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Wednesday, Jan. 9, 2019. Su said that the Radeon VII would go on sale next month, and that the 7-nanometer Epyc and Ryzen desktop CPUs would be released in mid-2019.