Thursday, March 14, 2024

SpaceX makes significant progress with third Starship orbital test flight

SpaceX is continuing to make progress on the development of Starship, the largest rocket ever built, with the third test flight Thursday accomplishing considerably more than the previous two tests. The 400-foot-tall Starship rocket lifted off from SpaceX’s Starbase facility in southeastern Texas at 8:25 a.m. local time. Although SpaceX has been developing Starship for […]

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Ted Schlein’s 2-year-old Ballistic Ventures has already raised a second $360 million fund

After a shakeup at Kleiner Perkins a few years back, one of its star B2B investors, Ted Schlein, started his own firm. Ballistic has already closed a second fund, even bigger than the first.

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Fluent Metal takes a stab at the metal 3D printing market

To say that it’s rocky out in the metal 3D printing world may be a bit of an understatement. Almost a decade ago, Desktop Metal was one of the early darlings in accessible 3D printing in metal. The company raised almost half a billion in VC funding. Since then, the company has had a hell […]

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What African B2B e-commerce startups can learn from OmniRetail’s profitable run

Save for fintech and cleantech, B2B e-commerce and retail was the leading destination for venture capital dollars over the last five years. The premise of digitizing the continent’s mom-and-pop convenience stores and offering various solutions to streamline logistics and procurement processes saw hundreds of millions of dollars flood the segment, particularly during the venture capital […]


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Amazon now lets sellers create listings through a URL by using AI

Amazon launched generative AI-powered features last year to help sellers quickly create listings by entering just a few words about the product. The company is now making it easier for sellers to create listings if an item is already listed on their website. The e-commerce giant’s new tool uses AI to parse details from an […]

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Nigeria’s Youverify raises $2.5M to enhance anti-money laundering compliance

Youverify, a Nigerian provider of identity verification and anti-money laundering (AML) solutions for banks and startups, secured a $2.5 million investment from Elm, which specializes in offering ready-made and customized digital solutions to public and private institutions in Saudi Arabia. The pre-Series A investment from Elm also includes a strategic partnership to help Youverify streamline […]

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Paramount Global to sell stake in India’s Viacom18 to Reliance for over $500M

Paramount Global has reached a binding agreement to sell its 13% stake in Reliance-controlled Indian media firm Viacom18 to Reliance for $517 million, both companies said Wednesday. The deal will increase Reliance’s stake in Viacom18, which operates dozens of TV channels as well as streaming service JioCinema, to 70.49%, Reliance said in a disclosure (PDF) […]


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Wednesday, March 13, 2024

As European dynamism gathers momentum, Elaia and partners double down with new deep tech fund

Elaia's third deep tech seed fund, DTS3, is double the size of the two previous funds, and signals the momentum that is forming around an emerging concept: European dynamism.

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A bug in an Irish government website that exposed COVID-19 vaccination records took two years to publicly disclose

The Irish government fixed a vulnerability two years ago in its national COVID-19 vaccination portal that exposed the vaccination records of around a million residents. But details of the vulnerability weren’t revealed until this week after attempts to coordinate public disclosure with the government agency stalled and ended. Security researcher Aaron Costello said he discovered […]

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Behold, TruckBot

One undeniable trend from this year’s Modex conference: suddenly everyone is into truck unloading. The past couple of years have gone from a few select companies to seemingly everyone in and around warehouse robotics looking to tackle the problem. Most solutions are some variation on a basic theme: a robotic arm attached to a mobile […]

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Are OpenAI’s deals with publishers edging out the competition?

OpenAI’s legal battle with The New York Times over data to train its AI models might still be brewing. But OpenAI’s forging ahead on deals with other publishers, including some of France’s and Spain’s largest news publishers. OpenAI on Wednesday announced that it signed contracts with Le Monde and Prisa Media to bring French and […]

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Creators are frustrated but energized as TikTok ban gains momentum

The bill that could ban TikTok took one step closer to becoming a law on Wednesday. After being introduced just last week, the bill was fast-tracked through the House of Representatives and will now head to the Senate. V Spehar, the TikTok creator behind UnderTheDeskNews, has been a staunch critic of efforts to ban TikTok; […]

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SpaceX aiming to launch massive Starship for the third time early Thursday

SpaceX will attempt to send the massive Starship rocket to orbit for the third time early Thursday morning after U.S. regulators gave the green light for launch. The company is aiming to complete the launch within a 110-minute window that opens at 7:00 a.m. CT. Starship testing is conducted from SpaceX’s sprawling Starbase campus near […]

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IO River lets you mix and match CDNs without the hassle

Content delivery networks (CDN) have changed. They used to be platforms for efficiently delivering static files — and little else. These days, however, virtually every CDN service is adding edge compute services, security tools and more on top of their core delivery networks. As a result, it’s become more challenging for users to switch between […]

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Waymo to launch commercial robotaxi service in Austin by end of the year

Waymo will begin offering a robotaxi service to the public in Los Angeles this week and in Austin by the end of the year, the company’s co-CEO Tekedra Mawakan said Wednesday at SXSW. The Alphabet company has been testing and validating its driverless vehicles across about 43 square miles around downtown, Barton Hills, Riverside, East […]

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