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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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3 Questions: Professor Kenda Mutongi on Africa,...

January 14, 2020

| Entrepreneurship

MIT Professor Kenda Mutongi teaches courses in African history, world history, and gender history. She is the author of two award-winning books: “Matatu: A History of Popular Transportation in Nairobi” (University of Chicago Press, 2017) and “Worries of the Heart: Widows, Family, and Community in Kenya” (University of Chicago Press, 2007). The latter book explores how widows, a marginalized group in Kenya, weathered the country’s transition to a post-colonial society and found novel ways to address their collective social, economic, and political problems....

3 Questions: Maria Zuber on guidance for...

January 14, 2020

| Entrepreneurship

On January 9, 2020, the International Scholars Office (ISchO) wrote to international scholars at MIT who hold F-1 STEM Optional Practical Training (OPT) status; faculty and senior researchers who may serve as their supervisors; and human resources administrators in departments, laboratories, and centers. The memos addressed potential employer verification visits by the U.S. Department of Homeland Security (DHS). Vice President for Research Maria Zuber, to whom ISchO reports, spoke with MIT News to clarify the intention of the memos...

A look inside Visa’s shareholder presentation for...

January 14, 2020

| Entrepreneurship

Fresh off the news yesterday that Visa is buying fintech unicorn Plaid for $5.3 billion, the payments giant is making its case to its shareholders. Given the scale of the deal, and the implied bet that Visa is making on the future of its market, the company prepared a presentation, which means we get to peer into its thinking regarding Plaid itself and the fintech market as a whole. In a short deck, Visa argues that buying Plaid will:...

J-PAL North America seeks partners to research...

January 13, 2020

| Entrepreneurship

J-PAL North America, a research center in the MIT Department of Economics, has announced a new Housing Stability Evaluation Incubator to support organizations fighting homelessness in developing randomized evaluations that test the impacts of their policies, programs, and services. To many, rising rates of homelessness in some U.S. cities might seem like an intractable challenge. In the United States, more than 500,000 people experience homelessness on a given night, and 1.4 million people pass through emergency shelters in a...

How to verify that quantum chips are...

January 13, 2020

| Entrepreneurship

In a step toward practical quantum computing, researchers from MIT, Google, and elsewhere have designed a system that can verify when quantum chips have accurately performed complex computations that classical computers can’t. Quantum chips perform computations using quantum bits, called “qubits,” that can represent the two states corresponding to classic binary bits — a 0 or 1 — or a “quantum superposition” of both states simultaneously. The unique superposition state can enable quantum computers to solve problems that are...

Making physics and astronomy more welcoming to...

January 13, 2020

| Entrepreneurship

Undergraduate physics is in the midst of a boom: In the last two decades, the number of bachelor’s degrees awarded in physics in the United States has more than doubled, to a current all-time high. And yet, it’s clear that African-American students have been left out of this upward trend. During the same period, African-American representation among physics bachelor’s degree earners has increased by just 4 percent, compared with a 36 percent increase in African-American undergraduates who have earned...

A new approach to making airplane parts,...

January 13, 2020

| Entrepreneurship

A modern airplane’s fuselage is made from multiple sheets of different composite materials, like so many layers in a phyllo-dough pastry. Once these layers are stacked and molded into the shape of a fuselage, the structures are wheeled into warehouse-sized ovens and autoclaves, where the layers fuse together to form a resilient, aerodynamic shell. Now MIT engineers have developed a method to produce aerospace-grade composites without the enormous ovens and pressure vessels. The technique may help to speed up...

Former Google Pay execs raise $13.2M to...

January 12, 2020

| Entrepreneurship

Two co-founders of Google Pay in India are building a neo-banking platform in the country — and they have already secured backing from three top VC funds. Sujith Narayanan, a veteran payments executive who co-founded Google Pay in India (formerly known as Google Tez), said on Monday that his startup, epiFi, has raised $13.2 million in its Seed financial round led by Sequoia India and Ribbit Capital. The round valued epiFi at about $50 million. David Velez, the founder...

Sending clearer signals

January 12, 2020

| Entrepreneurship

In the secluded Russian city where Yury Polyanskiy grew up, all information about computer science came from the outside world. Visitors from distant Moscow would occasionally bring back the latest computer science magazines and software CDs to Polyanskiy’s high school for everyone to share. One day while reading a borrowed PC World magazine in the mid-1990s, Polyanskiy learned about a futuristic concept: the World Wide Web. Believing his city would never see such wonders of the internet, he and...

A new way to irrigate crops year-round

January 10, 2020

| Entrepreneurship

Toward the end of 2019, startup Khethworks began selling what the team refers to internally as “version one” of its 320-watt solar-powered water pump. The pump allows farmers in India who rely on crop harvests to feed their families to farm year-round instead of being limited to the four-month monsoon season. In just a couple of months, the product has started to change the fortunes of underserved farmers in India, lifting up families and impacting entire villages. But getting...

Letter from President Reif: Learning from the...

January 10, 2020

| Entrepreneurship

The following email was sent today to the MIT community by President L. Rafael Reif. To the members of the MIT community, Today, the Executive Committee of the MIT Corporation released the fact-finding report it commissioned to help the Institute understand the origins, nature and extent of Jeffrey Epstein’s ties to MIT and learn from them. The result of this comprehensive effort is a detailed picture of what happened that can now help inform MIT’s ongoing work to create...

Jeffrey Epstein and MIT: FAQs

January 10, 2020

| Entrepreneurship

Today, January 10, 2020, the Executive Committee of the MIT Corporation released the fact-finding report it commissioned to help the Institute understand the origins, nature, and extent of Jeffrey Epstein’s ties to MIT and learn from them. The questions and answers below provide context. Q: What prompted Goodwin Procter’s review? A: In September, in response to revelations about engagements between MIT and Jeffrey Epstein, President Reif and the Executive Committee of the MIT Corporation asked MIT’s general counsel to...

MIT releases results of fact-finding on engagements...

January 10, 2020

| Entrepreneurship

The Executive Committee of the MIT Corporation today released the findings from a thorough review of MIT’s engagements with Jeffrey Epstein. The review, conducted by the law firm Goodwin Procter, sheds light on the Institute’s actions pertaining to 10 Epstein donations, totaling $850,000, that MIT received between 2002 and 2017, as well as multiple visits that Epstein made to campus. The report concludes that President L. Rafael Reif was not aware that the Institute was accepting donations from a...

Making real a biotechnology dream: nitrogen-fixing cereal...

January 10, 2020

| Entrepreneurship

As food demand rises due to growing and changing populations around the world, increasing crop production has been a vital target for agriculture and food systems researchers who are working to ensure there is enough food to meet global need in the coming years. One MIT research group mobilizing around this challenge is the Voigt lab in the Department of Biological Engineering, led by Christopher Voigt, the Daniel I.C. Wang Professor of Advanced Biotechnology at MIT. For the past...

PayU acquires controlling stake in Indian credit...

January 10, 2020

| Entrepreneurship

PayU is acquiring a controlling stake in fintech startup PaySense at a valuation of $185 million and plans to merge it with its credit business LazyPay as the nation’s largest payments processor aggressively expands its financial services offering. The Prosus-owned payments giant said on Friday that it will pump $200 million — $65 million of which is being immediately invested — into the new enterprise in the form of equity capital over the next two years. PaySense, which employs...

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