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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.

 
New GV partner Terri Burns has a...
In 2015, then-Twitter product manager Terri Burns penned a piece about staying optimistic despite the sexism and racism that exists expansively within tech. “America has broke my heart countless times, but I believe that technology can be a tool to mend some of the woes of the world and produce tools to better humanity,” she wrote. “It’s hard to continue to believe this when the industry holding this power takes so little interest in the basic rights of women...

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Space investors will see into the future...
If the projections are to be believed, the amount of money swirling around the space industry is poised to grow considerably over the next decade. Consider that the aviation giant Boeing estimates that the aerospace market will reach $3 trillion in market size between now and 2029. It’s most certainly in Boeing’s best interests to produce a big number, but it’s also in line with other projections. Among the many areas of investment where Deloitte anticipates continued growth over...

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We need new business models to burst...
Nik Milanovic Contributor Nik Milanovic is a fintech and financial inclusion enthusiast, with a decade of work across mobile payments, online lending, credit and microfinance. The opinions expressed in his articles do not reflect those of his employer(s). More posts by this contributor Build products that improve the lives of inmates Now more than ever we need fintechs to lead on consumer transparency Access to information in the United States is fragmenting along social lines. This goes beyond the...

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Coinbase to launch debit card in the...
Cryptocurrency exchange Coinbase is launching a debit card in the U.S. this winter. Customers can join the waitlist and get the Coinbase Card whenever it is available. Coinbase already launched the Coinbase Card in the U.K. and Europe. The Coinbase Card is a Visa debit card that works with any Visa-compatible payment terminal, online checkout interface and ATM. It works with a mobile app that lets you control how you want to spend your cryptocurrencies. In the U.S., customers...

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The DOJ is investigating Visa’s $5.3 billion...
It’s not just big tech that’s getting the antitrust treatment from the Department of Justice. Late Monday afternoon, the Department of Justice tipped its hand that it was investigating Visa’s proposed $5.3 billion acquisition of the venture-backed Plaid, which allows applications to connect with a users’ bank account. It’s a tool that powers a good chunk of new fintech offerings, and the Justice Department has apparently spent the past year looking into how the deal would affect the broader...

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Trump’s campaign website hacked by cryptocurrency scammers
President Trump’s campaign website was briefly and partially hacked Tuesday afternoon as unknown adversaries took over parts of the page, replacing them with what appeared to be a scam to collect cryptocurrency. There is no indication, despite the hackers’ claims, that “full access to trump and relatives” was achieved or “most internal and secret conversations strictly classified information” were exposed. The hack, first noted by Gabriel Lorenzo Greschler on Twitter, seemingly took place shortly before 4 PM Pacific time....

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Discuss portfolio management and great storytelling with...
If anyone knows early-stage investing and startups, it’s M.G. Siegler . As a general partner at GV, he’s personally invested in his fair share of rocket ship companies early on in their lifecycles, including Anchor, Slack, Medium and Stripe. He’s also a TechCrunch alum and a former startup operator himself as a web dev. We’re thrilled to have Siegler joining us to talk about his investment experience and how his early career as a writer influenced his thinking about...

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10 favorite startups from Techstars’ October 2020...
A few weeks back, The Exchange dug through a number of Techstars demo days and parsed a few dozen startups to find a few favorites. Today, we’re back for more of the same, albeit with a different set of accelerators’ results to examine. As a reminder, the last time we dug through the various cohorts, we liked YearOne, MyFavorito, Livelii, Albo, Space Products and Innovation GmbH and SATIM. The Exchange explores startups, markets and money. Read it every morning on...

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Course Hero buys Symbolab in a rare...
Months after its $80 million Series B fundraise, Course Hero has acquired Symbolab, an artificial intelligence-powered calculator that helps students answer and understand complex math questions. The price of the deal was undisclosed. The 9-person Symbolab team, based in Tel Aviv, will join Course Hero . The platforms will live under independent branding for the near future, according to Andrew Grauer, CEO of Course Hero. Founded in 2011, Symbolab is an advanced calculator and question solver that is on...

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Here’s how fast a few dozen startups...
Earlier this week I asked startups to share their Q3 growth metrics and whether they were performing ahead or behind of their yearly goals. Lots of companies responded. More than I could have anticipated, frankly. Instead of merely giving me a few data points to learn from, The Exchange wound up collecting sheafs of interesting data from upstart companies with big Q3 performance. The Exchange explores startups, markets and money. Read it every morning on Extra Crunch, or get...

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Representatives propose bill limiting presidential internet ‘kill...
A pair of U.S. Representatives — one from each party — are proposing a law that would limit the president’s ability to shut down the internet at will. That may not strike you as an imminent threat, but federal police disappearing protestors into unmarked vans probably didn’t either, until a couple months ago. Let’s keep an open mind. The president has the power under the Communications Act’s Section 706 to order the shutdown of some communications infrastructure in an...

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President Trump’s Twitter accessed by security expert...
A Dutch security researcher says he accessed President Trump’s @realDonaldTrump Twitter account last week by guessing his password: “maga2020!”. Victor Gevers, a security researcher at the GDI Foundation and chair of the Dutch Institute for Vulnerability Disclosure, which finds and reports security vulnerabilities, told TechCrunch he guessed the president’s account password and was successful on the fifth attempt. The account was not protected by two-factor authentication, granting Gevers access to the president’s account. After logging in, he emailed US-CERT,...

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Daily Crunch: Quibi is shutting down
The end is in sight for Quibi, PayPal adds cryptocurrency support and Netflix tests a new promotional strategy. This is your Daily Crunch for October 21, 2020. The big story: Quibi is shutting down The much-hyped streaming video app led by Jeffrey Katzenberg and Meg Whitman, which raised nearly $2 billion in funding, is shutting down, according to reports in The Information and The Wall Street Journal. Katzenberg, a longtime Hollywood executive, had blamed the coronavirus pandemic for a...

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Gen Z spends 10% more time in...
A new report released today by App Annie digs into how Gen Z consumers engage with their smartphones and mobile apps. According to data collected in Q3 2020, Gen Z users spend an average of 4.1+ hours per month in top non-gaming apps, or 10% longer than older demographics. They also engage with apps more often, with 20% more sessions per user in non-gaming apps, at 120 sessions per month per app, compared with older groups. This app engagement...

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Join Extra Crunch Live on October 27...
If anyone knows early stage investing and startups, it’s M.G. Siegler. As a General Partner at GV, he’s personally invested in his fair share of rocket ship companies early on in their lifecycles, including Anchor, Slack, Medium and Stripe. He’s also a TechCrunch alum, and a former startup operator himself as a web dev. We’re thrilled to have Siegler joining us to talk about his investment experience, and how his early career as a writer influenced his thinking about...

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