Elon Musk’s SpaceX sends world’s most powerful rocket on first commercial flight

The most powerful operational rocket in the world, SpaceX’s Falcon Heavy, launched its first commercial mission on Thursday from Florida in a key demonstration for billionaire entrepreneur Elon Musk’s space company in the race to grasp lucrative military launch contracts.


Reuters: Science News

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Virgin Galactic’s first test passenger gets commercial astronaut wings

Virgin Galactic’s first test passenger received her commercial astronaut wings from the U.S. aviation regulator on Tuesday after flying on the company’s rocket plane to evaluate the customer experience in February.


Reuters: Science News

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How to make the ultimate Super Bowl commercial

Today’s the day advertisers try to do to each other what the LA linemen want to do to Tom Brady: crush ’em. But creating the perfect Super Bowl commercial for the game’s 100-million viewers comes with challenges. “Every other [TV] show, advertisers know how many men are watching, how many [people] in an age group,”…
Media | New York Post

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CBS Blocked a Medical Marijuana Commercial From Playing During the Super Bowl

(Bloomberg) — The Super Bowl isn’t ready for medical marijuana.

Acreage Holdings, the multi-state cannabis company backed by John Boehner, says CBS rejected a television advertisement that calls for the legalization of medical marijuana. The network, which is airing the game on Feb. 3, nixed the proposed spot after seeing a rough outline, according to the company.

While medical marijuana is now legal in more than 30 states, the federal prohibition on cannabis has restricted research and made it difficult for some potential patients to get their hands on a drug that proponents say helps treat seizures, pain and other ailments.

The advertisement aimed to “create an advocacy campaign for constituents who are being lost in the dialogue,” Acreage President George Allen said. Super Bowl airtime would have been the best way to achieve this, he added.

“It’s hard to compete with the amount of attention something gets when it airs during the Super Bowl,” Allen said in a telephone interview.

CBS didn’t immediately reply to a request for comment on Monday, which was a federal holiday.

The Super Bowl is typically the most-watched television program of the year, and it’s an opportunity for brands to get in front of millions of Americans. Companies typically debut new publicity campaigns and air their most creative commercials during the event. Some viewers eagerly anticipate the advertisements that run during stoppages in play.

In past years, some advertisers have also grabbed the spotlight for offering up commercials that weren’t likely to be approved.

Injuries, Seizures

Acreage, one of the most valuable U.S. weed companies with a market value of more than $ 2.4 billion, had hoped to raise its profile and push for increased access to medical marijuana. The proposed ad features two subjects who have benefited from medicinal cannabis: a veteran with combat injuries and a child with seizures.

Super Bowl ads are expensive, reportedly costing more than $ 5 million for an average 30-second spot last year. Acreage, which went public in Canada last year, was prepared to pony up, and created the ad thinking it had a legitimate chance of getting onto the air. The company said it was careful to position the spot as a “call to political action” rather than a pitch for its brand, which now has cannabis operations in roughly 15 states.

“We certainly thought there was a chance,” Allen said. “You strike when the chance of your strike has the probability of success — this isn’t a doomed mission.”

Sports – TIME

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Here’s Why Black Investors Should Consider Investing in Commercial Real Estate

Investing in commercial real estate can be confusing to new investorsdizzying numbers and jargon can make investors wary. However, investing in commercial real estate is actually easier than you think—and the perks are great to boot. Sound income potential, solid stability, and downside protection against market volatility are some of those perks.

Investing in Commercial Real Estate Doesn’t Require You to Be an Expert

Investing in real estate doesn’t demand you be an expert in real estate This is where sponsors come in. And no, a sponsor isn’t an advertiser. A sponsor is an asset operator who syndicates the funds and makes the deal happen.The sponsor handles anything from funding to managing the investment. They manage the asset. You collect the income.

 

Commercial Real Estate is a Long-Term Investment

Another upside to investing in commercial real estate is its long-term focus. It protects your downside and is engineered to collect big returns over time. On the flip side, if you’re just looking to make quick buck, real estate might not be the right investment space for you. Plus your money’s locked up for a pre-set contractual period — you can’t just cash out anytime you want.

Crowdfunding Allows Everyday Folks to Own Commercial Property for Under $ 1000

The Jumpstart Our Business Startups (JOBS) Act, signed in 2012, allows everyday investors to own a piece of assets such as the World Trade Center through real estate crowdfunding. There are tons of online marketplaces that give you access to syndicated deals. And if you’re not into that? Well, there’s always REITs.

A version of this story appeared on WealthLAB.

The post Here’s Why Black Investors Should Consider Investing in Commercial Real Estate appeared first on Black Enterprise.

Money | Black Enterprise

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Waymo Launches First Commercial Driverless-car Service

Waymo, the self-driving car unit of Google parent Alphabet Inc. said Wednesday that it has officially launched its first driverless-car service, Waymo One, in Arizona. Initially, Waymo-trained drivers will supervise the Waymo One vehicles. Waymo will start by giving riders access to its smartphone app.
RTT – Top Story

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