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Tysons

A rendition of the Iridium network in space, showing its crosslinked architecture and global coverage. Image Courtesy Iridium Communications
May 20, 2025

Iridium to invest $13M to relocate Tysons HQ, add 117 jobs

Tysons-based global satellite communications company Iridium Communications will invest more than $13 million to expand its headquarters in Fairfax County and create 117 jobs, Gov. Glenn Youngkin announced Tuesday.

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May 1, 2025

Strategy reports $4.2B Q1 loss

Strategy, formerly MicroStrategy, posted a $4.2B Q1 loss but now holds 553,555 bitcoins worth $51.55, continuing its aggressive crypto strategy.

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Apr 24, 2025

Cvent acquires California tech company Prismm

Tysons-based global event marketing and management company Cvent announced Thursday it has acquired Mill Valley, California-based spatial event design technology provider Prismm.

Glenn Diersen is the founder and president of Summit Human Capital in Richmond. Photo courtesy Summit Human Capital
Apr 23, 2025

19 Virginians are finalists for EY Mid-Atlantic Entrepreneur of the Year

Nineteen Virginia entrepreneurs are finalists for EY’s 2025 Mid-Atlantic Entrepreneur of the Year award, with winners to be announced June 18.

A photo of a woman and man wearing dark blazers.
Apr 21, 2025

Savills announces new D.C.-region leaders

Amy Kaufman Brendler and Jon Glass have been appointed executive vice presidents and co-leads of commercial real estate brokerage Savills’ Washington, D.C., region, which includes the McLean office, the company announced Monday. Tom Fulcher, who was named mid-Atlantic region lead for Savills in 2021, will be stepping back from his regional leadership role, according to […]

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Apr 8, 2025

Guidehouse wins $250M hybrid Army contract

McLean-based consultancy Guidehouse has been awarded a $250 million hybrid contract from the U.S. Army for financial support services. The Department of Defense said bids for the hybrid firm-fixed-price and time-and-materials contract were solicited through the internet, and that two bids were received. Work locations and funding will be determined with each order, with an estimated […]

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Apr 8, 2025

MicroStrategy expects Q1 loss as bitcoin value falls

MicroStrategy appears to have lost the coin toss — the bitcoin toss, that is. The world’s largest corporate bitcoin investor, Tysons-based MicroStrategy reported an expected first quarter loss in a Securities and Exchange Commission filing on Monday due to the falling value of its  holdings in the cryptocurrency. After cresting at an all-time high of […]

Diana Reid, former Freddie Mac CEO.
Mar 24, 2025

Trump appointee fires Freddie Mac CEO

Bill Pulte, heir of one of the nation’s largest homebuilders, wasted little time launching a house cleaning campaign after being confirmed as director of the Federal Housing Finance Agency (FHFA) March 13. On Thursday, Pulte fired Freddie Mac CEO Diana Reid, according to news reports. The government-backed mortgage financing provider’s website lists Freddie Mac President […]

Charlottesville-area apartment complex sells for $57M
Feb 21, 2025

Charlottesville-area apartment complex sells for $57M

A 324-unit apartment complex just outside Charlottesville has sold for $56.75 million. Tysons-based Willow Creek Partners sold the property, Barracks West Townhomes & Apartments, to West End Capital Group, according to a Feb. 14 news release from commercial real estate brokerage KLNB, which arranged the sale. Willow Creek Partners acquired the apartment complex at 255 […]

Directory of business schools in Virginia
Feb 19, 2025

Capital One, Discover shareholders approve $35.3B acquisition

The proposed $35.3 billion blockbuster acquisition of Discover Financial Services by Capital One Financial has been approved by each company’s shareholders, the credit card giants announced Tuesday. Stockholders representing 85.1% of the total number of outstanding shares of Capital One common stock were in favor of the acquisition at a Tuesday meeting held in McLean. […]

Photo of a Nodal sign on a gray building with many windows.
Feb 19, 2025

Derivatives exchange to add 33 jobs in Fairfax

Nodal Exchange, a derivatives exchange, will invest $300,000 to expand its Fairfax County operations, adding 33 jobs, Gov. Glenn Youngkin announced Wednesday. “Nodal Exchange’s expansion in Fairfax County demonstrates Virginia’s ability to attract and retain global financial technology leaders,” Youngkin stated in a news release. “As North America’s largest [...]

A slot machine
Feb 12, 2025

Fairfax casino bill appears to be dead, following subcommittee vote

A bill that would have given Fairfax County the right to hold a casino referendum is likely dead for the 2025 session, after passing a vote last week in the Virginia State Senate. Senate Bill 982, introduced by Democratic Sen. Scott Surovell, was passed by for the day — in other words, not passed along […]

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