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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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Study: State-level adoption of renewable energy standards...

January 22, 2020

| Entrepreneurship

In the absence of federal adoption of climate change policy, states and municipalities in the United States have been taking action on their own. In particular, 29 states and the District of Columbia have enacted renewable portfolio standards (RPSs) requiring that a certain fraction of their electricity mix come from renewable power technologies, such as wind or solar. But now some states are rethinking their RPSs. A few are making them more stringent, but many more are relaxing or...

MIT graduate students lead conference on microsystems...

January 22, 2020

| Entrepreneurship

Organizing the Microsystems Annual Research Conference (MARC) is no small feat. Each January during the MIT Independent Activities Period, more than 200 students, faculty, staff, postdocs, and industry members come together at an off-campus site to explore technical achievements and research ideas at the forefront of microsystems and nanotechnology. The secret to MARC’s success year after year? A student committee that handles every aspect of coordinating and executing the showcase event, to be held this year in late January...

Nigeria’s Paga acquires Apposit, confirms Mexico and...

January 22, 2020

| Entrepreneurship

Nigerian digital payments startup Paga has acquired Apposit, a software development company based in Ethiopia, for an undisclosed amount. That’s just part of Paga’s news. The Lagos based startup will also launch its payment products in Mexico this year and in Ethiopia imminently, CEO Tayo Oviosu told TechCrunch The moves come a little over a year after Paga raised a $10 million Series B round and Oviosu announced the company’s intent to expand globally, while speaking at Disrupt San Francisco....

Hacking life inside and outside the laboratory

January 22, 2020

| Entrepreneurship

Jesse Tordoff makes cells form unusual patterns. “I have the coolest research project ever, which has the big, broad goal of controlling the shapes that cells grow into.” Her signature shape? Polka dots. “The idea is that synthetic, outside of the natural developmental pathways,” she explains. “My project mostly involves giving the cells genetic circuits to express cell-to-cell adhesion molecules differently.” A fifth-year graduate student in the Computational and Systems Biology program, Tordoff is passionate about...

Blood and politics in India

January 22, 2020

| Entrepreneurship

Mahatma Gandhi, an icon of nonviolent resistance who helped lead India to independence by force of will and strength of mind, rather than physical power, might not seem like a person preoccupied with corporeal matters. In fact, Gandhi endlessly monitored his own blood pressure and had a “preoccupation with blood,” as MIT scholar Dwai Banerjee and co-author Jacob Copeman write in “Hematologies,” a new book about blood and politics in India. Gandhi believed the quality of his own blood...

Putting a finger on the switch of...

January 21, 2020

| Entrepreneurship

Toxoplasma gondii (T. gondii) is a parasite that chronically infects up to a quarter of the world’s population, causing toxoplasmosis, a disease that can be dangerous, or even deadly, for the immunocompromised and for developing fetuses. One reason that T. gondii is so pervasive is that the parasites are tenacious occupants once they have infected a host. They can transition from an acute infection stage into a quiescent life cycle stage and effectively barricade themselves inside of their host’s...

Reasons to go outside

January 21, 2020

| Entrepreneurship

Angelique Scarpa, an administrative assistant in the Department of Chemical Engineering, adores birds of prey. An avid bird watcher and nature enthusiast, she is awed by soaring hawks, hooting owls, and majestic eagles. Over the past year, Scarpa has been working to share her passion for the natural world with members of her department. She received funding from the MindHandHeart Innovation Fund to launch her “Reasons to Go Outside” project. Consisting of a website and event series, her project...

African fintech firm Flutterwave raises $35M, partners...

January 21, 2020

| Entrepreneurship

San Francisco and Lagos-based fintech startup Flutterwave has raised a $35 million Series B round and announced a partnership with Worldpay FIS for payments in Africa. With the funding, Flutterwave will invest in technology and business development to grow market share in existing operating countries, CEO Olugbenga Agboola — aka GB — told TechCrunch. The company will also expand capabilities to offer more services around its payment products. More than payments “We don’t just want to be a payment technology company,...

Challenger business bank Qonto raises $115 million...

January 21, 2020

| Entrepreneurship

French startup Qonto has raised a $115 million Series C funding round led by Tencent and DST Global. Today’s news comes a few days after another French fintech startup Lydia raised some money from Tencent. Existing investors Valar and Alven are also participating in today’s funding round. TransferWise co-founder Taavet Hinrikus and Adyen CFO Ingo Uytdehaage are also joining the round. Qonto says that it represents the largest funding round for a French fintech company. Qonto is a challenger...

Study uses physics to explain democratic elections

January 21, 2020

| Entrepreneurship

It may seem surprising, but theories and formulas derived from physics turn out to be useful tools for understanding the ways democratic elections work, including how these systems break down and how they could be improved. A new physics-based study finds that in the U.S., elections went through a transition in 1970, from a condition in which election results captured reasonably well the greater electorate’s political preferences, to a period of increasing instability, in which very small changes in...

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...

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