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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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MIT to conduct full-scale emergency exercise

January 21, 2020

| Entrepreneurship

In an effort to further enhance the preparedness of MIT’s first responders, MIT Emergency Management and MIT Police will conduct a full-scale emergency exercise on Wednesday, Jan. 22, at Kresge Auditorium (Building W16). Due to the realistic nature of the police training drill, which will include simulated gunfire, the entire building, the Kresge Oval, the Kresge BBQ pits, and the Kresge parking lot will be closed to the public from 6 a.m. to 2 p.m. on that day. An email about the emergency exercise was sent today to the MIT community by Chief of Police and...

The marketplace of ideas is a weapons...

January 20, 2020

| Entrepreneurship

The most interesting thing I saw online this week was Venkatesh Rao’s “Internet of Beefs” essay. I don’t agree with all of it. I’m not even sure I agree with most of it. But it’s a sharp, perceptive, well-argued piece which offers an explanation for why online public spaces have almost all become battlefields, or, as he puts it: “are now being slowly taken over by beef-only thinkers … Anything that is not an expression of pure, unqualified support...

Catalyst Fund gets $15M from JP Morgan,...

January 20, 2020

| Entrepreneurship

The Catalyst Fund has gained $15 million in new support from JP Morgan and UK Aid and will back 30 fintech startups in Africa, Asia, and Latin America over the next three years. The Boston based accelerator provides mentorship and non-equity funding to early-stage tech ventures focused on driving financial inclusion in emerging and frontier markets. That means connecting people who may not have access to basic financial services — like a bank account, credit or lending options —...

Startups Weekly: Plaid’s $5.3B acquisition is a...

January 18, 2020

| Entrepreneurship

Hi everyone, my name is Eric Eldon and I’m the new writer of the Startups Weekly newsletter. I’ll be picking my favorite explicitly startup-focused articles of the week for you from Extra Crunch (where I’m the editor now), as well as TechCrunch (where I was the co-editor years ago… long story). Some people tell us that TechCrunch doesn’t cover startups like it used to. I don’t know if that is true, but it is definitely hard to keep track...

The paradox of 2020 VC is that...

January 17, 2020

| Entrepreneurship

I talked yesterday about how VCs are just tired these days. Too many deals, too little time per deal, and constant hyper-competition with other VCs for the same equity. VCs are just tired One founder friend of mine noted to me last night that he has already received inbound requests from more than 90 investors over the past year about his next round — and he’s not even (presumably) fundraising. “I may have missed a few,” he deadpans, and...

Students propose plans for a carbon neutral...

January 17, 2020

| Entrepreneurship

While so many faculty and researchers at MIT are developing technologies to reduce carbon emissions and increase energy sustainability, one class puts the power in students’ hands. In 2.S999 (Solving for Carbon Neutrality at MIT), teams of students are tasked with developing a plan to achieve carbon neutrality on MIT’s campus by 2060. “It’s a ‘roll up your sleeves and solve a real problem’ kind of class,” says Timothy Gutowski, professor of mechanical engineering and co-instructor for the class....

Stick with me

January 16, 2020

| Entrepreneurship

Have you ever received a spontaneous note of encouragement on a bad day? Or a few kinds words that helped you overcome a daunting challenge? This year, MindHandHeart is hoping to create more of these moments of care and support. At tabling events from orientation to finals, MindHandHeart is giving away colorful sticky cards with instructions for writing encouraging messages to friends, colleagues, labmates, and others. This campaign began several years ago when two recent graduates, Jerry Wang PhD...

Pablo Jarillo-Herrero wins Wolf Prize for groundbreaking...

January 16, 2020

| Entrepreneurship

Cecil and Ida Green Professor of Physics Pablo Jarillo-Herrero was awarded the 2020 Wolf Prize in Physics for his experimental contributions to breakthrough developments in twisted bilayer graphene research, which uncovered unique electrical properties with the long-range potential for creating new superconducting materials. The condensed-matter experimentalist shares the prize with theorists Professor Allan MacDonald of the University of Texas at Austin, and Rafi Bistrizter of Applied Materials Israel. “It’s an incredible and humbling honor to receive this recognition,” says Jarillo-Herrero....

Mobile payment app Lydia raises $45 million...

January 15, 2020

| Entrepreneurship

French startup Lydia is raising a $45 million Series B round (€40 million). Tencent is leading the round with existing investors CNP Assurances, XAnge and New Alpha also participating. If you live in France, chances are you already know Lydia quite well. The company has become a ubiquitous mobile payment app, especially for people under 30 years old. Think about it as a sort of Square Cash or Venmo, but for France. “At first, we wanted to raise less...

Sophie Alcorn, Rebecca Lynn, MG Siegler and...

January 15, 2020

| Entrepreneurship

One of the most valuable resources in the tech startup community is mentorship. Founders, tackling brand new challenges and adapting to a rapidly changing world, can sometimes feel like no one understands what they’re going through. But alas, the Early Stage SF event in April will most certainly prove them wrong. Early Stage will bring together seasoned operators and experts across a wide variety of topics that fall under the broad umbrellas of funding, marketing and operations. How do...

MindHandHeart announces a record 21 new Innovation...

January 15, 2020

| Entrepreneurship

A meditative nature retreat, healthy cooking projects, and several initiatives advancing diversity, equity, and inclusion are coming to MIT courtesy of the MindHandHeart Innovation Fund. Sponsored by the Office of the Chancellor, the MindHandHeart Innovation Fund offers grants of up to $10,000 to advance ideas that make MIT a more welcoming, inclusive, and healthy place. This cycle, MindHandHeart (MHH) awarded $51,534 to 21 projects selected from 45 applications. Seventy-six percent of awarded projects are spearheaded by students and 24...

Whitehead Institute receives $10 million to study...

January 15, 2020

| Entrepreneurship

The Whitehead Institute has announced that Brit Jepson d’Arbeloff SM ’61 — a pioneering engineer, advocate for women in science, and philanthropic leader — has made a $10 million gift to support research uncovering the biological consequences of the sex chromosomes on women’s health and disease. The gift, one of the largest contributions ever made to the Whitehead Institute, will underwrite the establishment of the Brit Jepson d’Arbeloff Center on Women’s Health within the institute’s Sex Differences in Health...

App stores saw record 204 billion app...

January 15, 2020

| Entrepreneurship

Consumers downloaded a record 204 billion apps in 2019, up 6% from 2018 and up 45% since 2016, and spent $120 billion on apps, subscriptions and other in-app spending in the past year. The average mobile user, meanwhile, is spending 3.7 hours per day using apps. This data and more comes from App Annie’s annual report, “State of Mobile,” which highlights the biggest app trends for the past year, and sets forecasts for the years ahead. According to App...

MIT Sloan launches MITx MicroMasters Program in...

January 15, 2020

| Entrepreneurship

The skills and expertise required for a career in finance are in high demand across industries and the world. To address this need, MIT recently launched the MITx MicroMasters Program in Finance, an online program taught by faculty in the MIT Sloan School of Management and the Institute’s fifth MicroMasters Program to date. Available on the edX platform, the program offers recent graduates, early- to mid-stage professionals, and other individuals interested in or already pursuing a career in finance...

The crypto rich find security in Anchorage

January 15, 2020

| Entrepreneurship

Not the city, the $57 million-funded cryptocurrency custodian startup. When someone wants to keep tens or hundreds of millions of dollars in Bitcoin, Ethereum, or other coins safe, they put them in Anchorage’s vault. And now they can trade straight from custody so they never have to worry about getting robbed mid-transaction. With backing from Visa, Andreessen Horowitz, and Blockchain Capital, Anchorage has emerged as the darling of the cryptocurrency security startup scene. Today it’s flexing its muscle and...

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