Magic Leap is turning to a major health care company for funding, as it scrambles to secure its future.

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May 06, 2020   |   View Online »   |   Learn about BI Prime »
 
Magic Leap is turning to a major health care company to save its future, potentially raising as much as $100 million

Magic Leap is turning to a major health care company to save its future, potentially raising as much as $100 million

Magic Leap is turning to a major health care company for funding, as it scrambles to secure its future.

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Elon Musk and Grimes just welcomed their baby boy. Here's how the eccentric CEO makes and spends his $38.2 billion fortune.

Elon Musk and Grimes just welcomed their baby boy. Here's how the eccentric CEO makes and spends his $38.2 billion fortune.

The Tesla and SpaceX CEO already has 5 children with ex-wife Talulah Riley. Fortunately, he also has billions to take care of his growing brood.

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The man who predicted that Amazon would buy Whole Foods now expects the tech giant to become the fastest-growing healthcare company within 5 years

The man who predicted that Amazon would buy Whole Foods now expects the tech giant to become the fastest-growing healthcare company within 5 years

NYU professor Scott Galloway thinks Amazon will need to go after an industry like healthcare to double its stock over five years.

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Elon Musk just hit a key milestone on his path to a $55 billion payday — here's how his elaborate Tesla compensation plan works

Elon Musk just hit a key milestone on his path to a $55 billion payday — here's how his elaborate Tesla compensation plan works

Musk's compensation agreement with Tesla includes 12 "tranches" of stock options that only become available after certain goals are hit.

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The best travel rewards credit cards, no matter where you want to go or what level of annual fee you're willing to pay

The best travel rewards credit cards, no matter where you want to go or what level of annual fee you're willing to pay

No matter your budget and your travel goals, there's a great travel rewards credit card option for you.

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These 22 well-known companies are vulnerable to acquisitions by private-equity buyers due to the coronavirus, BTIG says

These 22 well-known companies are vulnerable to acquisitions by private-equity buyers due to the coronavirus, BTIG says

The crisis has cheapened the valuations of many popular companies and made them targets for private-equity buyers.

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Mississippi spent at least $94 million in welfare money on NFL players, lobbyists, and pro wrestlers instead of its poorest citizens, audit says

Mississippi spent at least $94 million in welfare money on NFL players, lobbyists, and pro wrestlers instead of its poorest citizens, audit says

Shad White, the state auditor, called it "the most egregious misspending my staff have seen in their careers" in a press release.

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Richard Branson's Virgin Atlantic will cut thousands of jobs, retire its most iconic planes, and close one of its biggest bases as it fights to survive the pandemic

Richard Branson's Virgin Atlantic will cut thousands of jobs, retire its most iconic planes, and close one of its biggest bases as it fights to survive the pandemic

Virgin Atlantic has seen plummeting demand due to the coronavirus pandemic, and has been operating cargo flights to try and maintain some revenue.

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Obama's office excoriated a GOP-led congressional probe into Joe Biden and Ukraine as giving 'credence to a Russian disinformation campaign'

Obama's office excoriated a GOP-led congressional probe into Joe Biden and Ukraine as giving 'credence to a Russian disinformation campaign'

The investigation is rooted in efforts by some who are "actively supported by Russia" to blame Ukraine for meddling in 2016, Obama's office said.

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NASA confirms that it is working with Tom Cruise to make a movie shot in space

NASA confirms that it is working with Tom Cruise to make a movie shot in space

Last year, NASA outlined plans that would allow "private" or independent astronauts access to the International Space Station's facilities — for a fee.

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