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Richard Branson is Virgin Hyperloop One’s new chairman (updated)
Earlier this month, Virgin Hyperloop One co-founder Shervin Pishevar took a leave of absence from the company and his venture capital firm Sherpa Capital following allegations of sexual harassment and a November arrest for rape that didn't result in a charge. Now, Axios reports that Hyperloop One has a new chairman -- Richard Branson.
Hyperloop One co-founder steps down amid sexual harassment claims
Silicon Valley's sexual harassment problem just keeps going. Forbes reports that Shervin Pishevar, founder of Sherpa Capital and Hyperloop (and an early Uber investor), is taking a leave of absence from both companies, just a few days after allegations of sexual harassment from five women were reported by Bloomberg.
Richard Branson and Virgin join forces with Hyperloop One
Today, the Virgin Group has announced that it has invested in Hyperloop One, the startup that recently demonstrated a working prototype of the travel system. As well as cash, and the involvement of Sir Richard Branson, the company will re-brand as Virgin Hyperloop One in the near future. In a statement, Branson described the technology as the "world's most revolutionary train service."
Hyperloop One's passenger pod takes its first ride
Just weeks after Hyperloop One demonstrated a working, albeit slow, version of its levitating sled, the company has made another leap forward. This time around, the startup has successfully tested its XP-1 passenger pod, reaching speeds of up to 192 mph and levitating off the track as it accelerated.
Hyperloop One's test route is ready to run
It was August 2013 that Elon Musk, under pressure from Shervin Pishevar, published his white paper on the Hyperloop. Just three years and seven months later, and the world's first Hyperloop tube has been declared ready for testing. Hyperloop One has announced that DevLoop, its Nevada test facility, has been "finalized," and will serve as the testbed for the future of transportation.
Has Hyperloop One bitten off more than it can chew?
"I don't want to be remembered as the guy that put a train in a tube" is the quote du jour from Hyperloop One's Josh Giegel. Giegel and co-founder Shervin Pishevar have been showing off a revised vision for how the future of public transportation will operate that moves far beyond intercity travel. But does this level of futurism run the risk of alienating governments and regulators who just want a cheap alternative to high-speed rail? We sat down with the pair to ask them to justify their even more utopian vision for the future of travel.
Hyperloop co-founder 'very serious' about California secession
In the wake of the election result, Hyperloop co-founder Shervin Pishevar (pictured, right) began tweeting about his desire to see California secede from the United States. Naturally, it was dismissed as emotions running high after the highly divisive campaign, but Pishevar isn't backing down. At the Web Summit conference today, the billionaire was asked if he was serious about "Calexit*," to which he said that he was "very serious." He added that there would be "announcements" about his plans to implement the program coming in the near future.
