Blue Ridge Bankshares, Inc. Releases 2019 4th Quarter and Year End Results

CHARLOTTESVILLE, Va.Feb. 10, 2020 /PRNewswire/ — Blue Ridge Bankshares, Inc. (NYSEAM: BRBS) (the “Company”), parent company of Blue Ridge Bank, N.A., announced today its unaudited financial results for the fourth quarter and year ended December 31, 2019.  The Company reported net income of $4.8 million for the year ended December 31, 2019, or $1.16 per common share, compared to net income of $4.6 million, or $1.64 per common share, for the year ended December 31, 2018. The Company’s shares outstanding increased 2.8 million during 2019, 1.5 million from the common stock raise in early 2019 and an additional 1.3 million related to the acquisition of Virginia Community Bankshares, Inc. (“VCB”) in December 2019.  Earnings for the fourth quarter ended December 31, 2019 were $745 thousand, or $0.15 per common share, compared to net income of $986 thousand, or $0.35 per common share, for the fourth quarter ended December 31, 2018.  The Company declared a quarterly dividend of $0.1425 during the fourth quarter of 2019, an increase of 1.79% compared to the 2018 fourth quarter dividend of $0.1400 per share.  The dividend yield is 2.69% based on the closing share price of $21.19 on February 7, 2020. Continue reading

RealNetworks CEO Rob Glaser to Invest $10 Million into the Company

SEATTLEFeb. 10, 2020 /PRNewswire/ — RealNetworks, Inc. (Nasdaq: RNWK), a leader in digital media software and services, today announced that it has entered into a private placement agreement with Rob Glaser, the Company’s Founder, Chairman of the Board, Chief Executive Officer, and largest shareholder. Pursuant to the agreement, Mr. Glaser will acquire approximately 8 million shares of RealNetworks Series B Preferred Stock, par value $0.001 per share, for aggregate gross proceeds to the Company of approximately $10 million.  The price per share is the same price that the Company’s shares closed at on Friday, February 7th. Continue reading

Dot Org Domain Ownership at Critical Juncture!!

Registrations for .org Internet domains have long been overseen by the US nonprofit Internet Society, which unexpectedly announced in November 2019 that it was selling control to a year-old company called Ethos Capital.

A group of prominent Internet pioneers is mobilizing to block the $1.1 billion sale of control of the .org Internet domain, arguing that the takeover of .org by a newly formed private company would hurt the millions of nonprofits that rely on it. In a move to press the US based ICANN to block the sale, prominent Internet executives told Reuters they have created a nonprofit cooperative they are offering as an alternative owner of .org.

Hundreds of nonprofits have already objected to the transaction, worried that Ethos will raise registration and renewal prices, cut back on infrastructure and security spending, or make deals to sell sensitive data or allow censorship or surveillance.

Please see this link to learn more!