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Suborbital space tourism finally arrives | FCC prepares to run public C-band auction | The big four in the U.S. launch industry — United Launch Alliance, SpaceX, Blue Origin and Northrop Grumman — hope to be one of two providers that will receive five-year contracts later this year to launch national security payloads starting in 2022. | China’s launch rate stays high | The International Space Station is the largest ever crewed object in space.

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India’s Moglix valued at $1 billion in...

May 17, 2021

Moglix, an industrial business-to-business marketplace in India, said on Monday it has raised $120 million in a new financing round at $1 billion valuation, becoming the 13th firm from the world’s second largest market to attain the unicorn status this year. The startup’s Series E financing round was led by Falcon Edge Capital and Harvard Management Company (HMC). Existing investors, Tiger Global, Sequoia Capital India and Venture Highway also participated in the round, which brings Moglix‘s to-date raise to about……

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Supermassive black holes devour gas just like...

May 17, 2021

On Sept. 9, 2018, astronomers spotted a flash from a galaxy 860 million light years away. The source was a supermassive black hole about 50 million times the mass of the sun. Normally quiet, the gravitational giant suddenly awoke to devour a passing star in a rare instance known as a tidal disruption event. As the stellar debris fell toward the black hole, it released an enormous amount of energy in the form of light. Researchers at MIT, the……

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Pokusevski scores 29, Thunder top Clippers in...

May 17, 2021

| Entrepreneurship

OKLAHOMA CITY (AP) — Rookie Aleksej Pokusevski scored a career-high 29 points, and the Oklahoma City Thunder defeated the Los Angeles Clippers 117-112 on Sunday night in the regular-season finale for both teams. Josh Hall, a two-way player who had never scored more than 10 points in an NBA game, had career highs of 25 points and 10 rebounds for Oklahoma City. Moses Brown had a career-best 24 points and grabbed 18 rebounds for the Thunder, who snapped a…

Moore, short-handed Suns hold off Spurs 123-121

May 17, 2021

| Entrepreneurship

SAN ANTONIO (AP) — The Phoenix Suns gave some rest to their All-Star backcourt and got the win but not the help they needed to secure the NBA’s top seed. E’Twaun Moore scored 22 points and made a 3-pointer with 2.2 seconds remaining that lifted Phoenix past the San Antonio Spurs 123-121 on Sunday. Playing without Devin Booker and Chris Paul, the Suns were bailed out late by Moore, who also made a 3 with 1:08 remaining to stop…

Merchant commerce platform Pine Labs valued at...

May 17, 2021

Pine Labs, a startup that offers merchants payments terminals, invoicing tools and working capital, said on Monday it has completed the first close of a $285 million funding as the nearly two-decade-old firm looks to expand its business. Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures and Ward Ferry Management financed the new funding round, while existing investors Temasek, Lone Pine Capital and Sunley House Capital also participated in it, the Indian startup said. The new round valued……

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Elon Musk giveth and taketh away

May 16, 2021

Hello friends, and welcome back to Week in Review! Last week, I wrote about Facebook’s never-ending Trump problem. This week, I’m looking at Elon Musk’s wild week of whipping crypto markets. If you’re reading this on the TechCrunch site, you can get this in your inbox from the newsletter page, and follow my tweets @lucasmtny. The big thing This week, Elon Musk may have crashed the crypto markets with a few tweets. Musk has always been anything but predictable……

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Crypto and blockchain must accept they have...

May 16, 2021

Monica Long Contributor As the price of bitcoin hits record highs and cryptocurrencies become increasingly mainstream, the industry’s expanding carbon footprint becomes harder to ignore. Just last week, Elon Musk announced that Tesla is suspending vehicle purchases using bitcoin due to the environmental impact of fossil fuels used in bitcoin mining. We applaud this decision, and it brings to light the severity of the situation — the industry needs to address crypto sustainability now or risk hindering crypto innovation……

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The Latest: Yemen’s national soccer coach dies...

May 16, 2021

| Entrepreneurship

SANAA, Yemen – Yemen’s soccer association said the country’s national team coach died Sunday from COVID-19. The Yemen Football Association says Sami al-Naash died in a hospital in the southern port city of Aden. Local reports say al-Naash was infected while in a camp for the national team in the southern province of Shabwa last month. Yemen’s national team was preparing for three games in the coming weeks in hopes to qualify for the Asian Cup and the 2022…

Adapting Hotel Digital Strategy for Mobile Traffic

May 16, 2021

Question for Our Hotel Marketing Expert Panel With mobile traffic stats continuing to rise, how have you adapted your hotel’s digital strategy in response to that? Our Marketing Expert Panel Colleen Buckley – Hospitality Marketing Executive Reshan Jayamanne – Digital Marketing & Sales Strategist, Bnb Optimized Nicolas Lajambe The post Adapting Hotel Digital Strategy for Mobile Traffic appeared first on Revfine.com….

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Dynamic thinking about management problems

May 16, 2021

It’s a familiar story. Tens of millions of U.S. workers toil away in insecure, low-paid jobs in retail and services. It seems clear why companies keep wages low: more profits for ownership. Yet several successful firms in these industries — Costco, Trader Joe’s, QuikTrip — pay workers more and are still very profitable. Why don’t more companies try this? The answer isn’t simple. But that’s why it interests Hazhir Rahmandad, an associate professor at the MIT Sloan School of……

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MacKinnon on track to return for Game...

May 16, 2021

| Entrepreneurship

DENVER (AP) — Nathan MacKinnon returned to the ice for practice Saturday and all signs point to him being back in the lineup for Game 1 of a first-round series against the St. Louis Blues. The difficult-to-contain Colorado Avalanche forward missed four of the final five games of the regular season with a lower-body injury. But coach Jared Bednar said he expects MacKinnon and forward Brandon Saad to be ready to go Monday night for the start of their…

Media demand Israel explain destruction of news...

May 16, 2021

| Entrepreneurship

NEW YORK (AP) — News organizations demanded an explanation Saturday for an Israeli airstrike that targeted and destroyed a Gaza City building housing the offices of The Associated Press, broadcaster Al-Jazeera and other media outlets. AP journalists and other tenants were safely evacuated from the 12-story al-Jalaa tower after the Israeli military warned of an imminent strike. Three heavy missiles hit the building within the hour, disrupting coverage of the ongoing conflict between’ Gaza’s Hamas rulers and Israel. At…

This Week in Apps: Apple talks App...

May 15, 2021

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American watches 3.7 hours of……

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Russell Westbrook honored to be mentioned in...

May 15, 2021

| Entrepreneurship

Westbrook honored to be mentioned in new J. Cole song originally appeared on NBC Sports Washington J. Cole’s new album called ‘The Off-Season’ came out early Friday morning and on it is a song called ‘a m a r i’ in which he name drops Wizards star Russell Westbrook. The line goes like this: “How could you ever try to play me? Kill ’em on a song, walk up out the booth, do the Westbrook rock-a-baby.” After leading the…

‘Well, that’s it.’ 96-year-old DJ bids farewell...

May 15, 2021

| Entrepreneurship

HONG KONG (AP) — After more than seven decades in radio, a 96-year-old Hong Kong DJ bid farewell to his listeners Saturday with “Time to Say Goodbye,” sung by Sarah Brightman and Andrea Bocelli. “Well that’s it. Thank you very much for tuning in, goodbye, thank you for coming,” Ray Cordeiro said in both English and Cantonese before signing off ahead of the 1 a.m. news. It was the coda to a radio career that began 72 years ago,…

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