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Apple-backed Globalstar inks $64M launch contract with SpaceX
Globalstar, a satellite network operator backed by Apple, has purchased launches from SpaceX worth $64 million, according to regulatory filings. The launches, which are scheduled for 2025, will send at least 17 new satellites to low Earth orbit to replenish … Continue reading
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X’s privacy policy confirms it will use public data to train AI models
X’s recently updated privacy policy informed its users it would now collect biometric data as well as users’ job and education history, Bloomberg spotted earlier this week. But it appears that’s not the only thing that X plans to do … Continue reading
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All that fintech investment had a real impact on banking penetration in Latin America
When a group of startups works on a similar set of problems, they frequently bring about massive shifts in how day-to-day life is lived.
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Magic Leap’s original headset will stop working at the end of 2024
As a company, Magic Leap moved on from its first headset some time ago. Along with a new CEO came a major pivot. With the Magic Leap 2, the startup went all in on enterprise — a far safer and … Continue reading
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E-commerce acquirer Benitago files for bankruptcy
The move comes after the New York-based company raised $380 million in equity and debt in the past two years.
Kyle Vogt to discuss self-driving cars, AI, investing and more at TC Disrupt 2023
Cruise, the self-driving subsidiary of General Motors, has raised over $15 billion, employs more than 3,000 people and expanded its footprint across multiple cities within the U.S. It even has a presence in Dubai. What does it take to build … Continue reading
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Inalife’s digital legacy platform lets your preserve your family’s memories
A new startup, Inalife, has created a digital legacy platform that aims to help families preserve their precious memories, create an interactive family tree, and even record messages for other members to be played at a date in the future … Continue reading
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What’s the opposite of a lean startup?
Listen here or wherever you get your podcasts. Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday show, and we’re talking about the week’s … Continue reading
Korean internet giant Naver explores robotics, AI and autonomous driving
In July last year, Naver, maker of the search engine known as the “Google of South Korea,” opened its new second headquarters, Naver 1784. The building’s name refers to a year commonly associated with the Industrial Revolution. Inside you’ll find a … Continue reading
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How the FBI took down the notorious Qakbot botnet
A global law enforcement operation this week took down and dismantled the notorious Qakbot botnet, touted as the largest U.S.-led financial and technical disruption of a botnet infrastructure. Qakbot is a banking trojan that became infamous for providing an initial … Continue reading