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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.

The Unfortunately Action-Packed Afterlife of a California...

Dennis Evanosky is deep in the underbrush, holding out his arms for balance as he makes his way across the uneven terrain around the perimeter of the massive Mountain View Cemetery in Oakland, California. He’s looking for a grave, the final resting place of a woman whose afterlife has been startlingly action-packed. It’s February 2021, and Evanosky and I are searching for Clara Loeper, a 21-year-old whose corpse was snatched from this cemetery in 1883. Her cadaver was returned……

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Robert C. Merton honored with MIT’s Killian...

Acclaimed finance expert Robert C. Merton PhD ’70 has been named the recipient of MIT’s 2021-2022 James R. Killian Jr. Faculty Achievement Award, the highest honor the Institute faculty can confer upon one of its members.  The Killian Award citation hails Merton, the School of Management Distinguished Professor of Finance at the MIT Sloan School of Management, as “one of the founding architects of modern finance theory,” whose work has “become an integral part of the global financial system.”……

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Gunung Bromo in Tosari, Indonesia

Gunung Bromo is a particularly photogenic active volcano located in the Tengger caldera. A caldera is a depression left after a volcano erupts. Inside the circular Tengger caldera, there are five volcanoes: Bromo, Batok, Kursi, Watangan and Widodaren. Of these, only Batok is inactive.  When it comes to one or more volcanoes inside a caldera, size matters. Extending from Semeru, the tallest volcano in Java, the Tengger caldera measures 16 kilometers (10 miles) across. The massive volcanic complex dates back……

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Pan Am Flight 812 Memorial in Denpasar,...

On the night of April 22, 1974, Pan Am flight 812 departed Hong Kong on a regular scheduled flight to Denpasar, Bali, the first leg of a route that was meant to stop in Bali, Australia, Fiji, and Hawai’i before arriving at its final destination in Los Angeles. But the plane never made it out of Bali. At around 10:26 p.m. local time, the Boeing 707-321B, registered N446PA with the name of Clipper Climax was on its final approach……

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Planck, the insurance data analytics platform, raises...

Planck co-founders (from left to right): David Schapiro, CEO Elad Tsur and CTO Amir Cohen. Image Credits: Planck Planck, the AI-based data platform for commercial insurance underwriting, announced today it has raised a $20 million growth round. The funding came from 3L Capital and Greenfield Partners, along with returning investors Team8, Viola Fintech, Arbor Ventures and Eight Roads. This brings the New York-based startup’s total raised to $48 million, including a $16 million Series B it announced in June……

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Independence Mine in Palmer, Alaska

Nestled within Hatcher Pass in the Talkeetna Mountains lie the ruins of Independence Mine. Active on and off between 1938 and 1951, the gold mining operation at this mine was once the second largest in Alaska. The Gold Rush came to Alaska in the late 19th century, when gold was discovered southeast of Anchorage in 1886. Hunting for precious metals, prospectors spread into the Susitna and Matanuska river basins. They found gold scattered in quartz veins throughout the granite in……

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This Master Builder's Family Has Restored Temples...

Amid a clang and clamor of activity, Vaidyanatha Selvanathan Sthapati sits on the floor of his family pattarai, or workshop, in Chennai. All around him, men in dhotis and vests are engrossed in cutting, sculpting, and finishing gray granite. They chip and chisel and hammer away, slowly bringing to life an intricately carved pillar destined to adorn a Hindu temple. The scene is familiar to Selvanathan, 57. He says he grew up in the pattarai of his uncle, who……

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Cannock Chase Military Training Grounds in Staffordshire,...

Cannock Chase is currently recognized in the United Kingdom as an area of outstanding natural beauty, but during the First and Second World Wars the area was transformed into a massive military training facility. During the wars, hundreds of thousands of British and Commonwealth troops passed through this complex of military camps. It even had its own specially constructed railway spur linked to the main line. The chase was also used in WWI to hold German prisoners of war…….

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MIT unveils a new action plan to...

MIT has released an ambitious new plan for action to address the world’s accelerating climate crisis. The plan, titled “Fast Forward: MIT’s Climate Action Plan for the Decade,” includes a broad array of new initiatives and significant expansions of existing programs, to address the needs for new technologies, new policies, and new kinds of outreach to bring the Institute’s expertise to bear on this critical global issue. As MIT President L. Rafael Reif and other senior leaders have written……

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Pomelo raises $9M to build a payments...

Pomelo, a startup building a fintech-as-a-service platform for Latin America, has raised $9 million in a seed round of funding. The Buenos Aires-based startup’s new infrastructure aims to allow fintechs and embedded finance players to launch virtual accounts and issue prepaid and credit cards via “compliant” onboarding processes. The COVID-19 pandemic has accelerated the adoption of digital payments all over the world, and Latin America is no exception. While the majority of transactions are still done in cash, there……

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Jongmyo Shrine in Seoul, South Korea

Jongmyo once housed the tablets of the royal family ancestors and was where the memorial services for deceased kings and queens took place. Constructed by King Taejo, the first king of the Joseon Dynasty, Jongmyo was thought to be one of the longest buildings in Asia. While older shrines existed during the Three Kingdoms period, this shrine is the oldest royal Confucian shrine that preserves various 14th-century traditions.  Unfortunately, during the Seven-Year War, Japanese invaders burned down the original shrine…….

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Mayna Treanor Avent Studio in Gatlinburg, Tennessee

A small cabin built in 1850 by the Ownby family stands in the middle of the Great Smoky Mountains. In 1918, Frank Avett brought the property from the family for $200. Mayna Avett, the wife of Frank, remodeled the house into an art studio. Inside, she painted oil and watercolor paintings of the Appalachians and would exhibit them in  South Carolina, Tennessee, and Massachusetts. She used the cabin as a studio for well over 20 years.  The cabin itself……

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Collective, a back-office for the self-employed, raises...

With so much focus on the ‘creator economy’, and countries hit by the effects of the pandemic, the self-employed market is ‘booming’, for good or for ill. So it’s not too much of a surprise thatCollective,a subscription-based back-office for the self-employed has raised a $20 million Series A funding after launching only late last year. The round was led by General Catalyst and joined by Sound Ventures (the venture capital fund founded by Ashton Kutcher and Guy Oseary). Collective……

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Sanlo raises $3.5M to help apps and...

Having a great idea for an app or game is one thing, but scaling it to become a successful business is quite another. A new fintech startup called Sanlo aims to help. The company, which is today announcing an oversubscribed $3.5 million seed round, offers small to medium-sized game and app companies access to tools to manage their finances and capital to fuel their growth. To be clear, Sanlo is not an investor that’s taking an equity stake in……

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Brazil’s Divibank raises millions to become the...

Divibank, a financing platform offering LatAm businesses access to growth capital, has closed on a $3.6 million round of seed funding led by San Francisco-based Better Tomorrow Ventures (BTV). São Paulo-based Divibank was founded in March 2020, right as the COVID-pandemic was starting. The company has built a data-driven financing platform aimed at giving businesses access to non-dilutive capital to finance their growth via revenue-share financing. “We are changing the way entrepreneurs scale their online businesses by providing quick……

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