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Sunday, November 24, 2019
AI is making progress, but it's unlikely to succeed anytime soon in one key area
ETtech Top 5: Paytm's $1B topup, Govt's plan to scrap ecomm gifts & more
Zomato frontrunner to acquire UberEats
Paytm gets $1 billion topup led by T Rowe Price in latest financing round
India-based financial services startup Paytm raises $1B led by T. Rowe Price, valuing the company at ~$16B; Paytm has raised more than $3.3B to date (Manish Singh/TechCrunch)
Manish Singh / TechCrunch:
India-based financial services startup Paytm raises $1B led by T. Rowe Price, valuing the company at ~$16B; Paytm has raised more than $3.3B to date — Paytm said on Monday it has raised $1 billion in a new financing round as the Noida-headquartered firm, which once dominated …
Red Hat's big sale, disappointing exits of Hadoop-based startups and Pivotal show how public clouds like AWS affect business models of open source-focused firms (Charles Fitzgerald/Platformonomics)
Charles Fitzgerald / Platformonomics:
Red Hat's big sale, disappointing exits of Hadoop-based startups and Pivotal show how public clouds like AWS affect business models of open source-focused firms — TL;DR: If the cloud didn't eat Hadoop Inc., Pivotal and Red Hat, what explains their diminished prospects?
Govt likely to scrap rules that let citizens get duty-free gifts valued at under Rs 5,000 from overseas
Eden, a B2B workplace management platform that connects office managers with service providers in 25 markets including Berlin and London, raises $25M Series B (Jordan Crook/TechCrunch)
Jordan Crook / TechCrunch:
Eden, a B2B workplace management platform that connects office managers with service providers in 25 markets including Berlin and London, raises $25M Series B — Eden, the workplace management platform that connects office managers with service providers, today announced the close of a $25 million Series B round led by Reshape.
Huawei sues for defamation in Paris after a researcher, broadcast journalist, and telco expert say on TV that it spies against the West and is state controlled (Helene Fouquet/Bloomberg)
Helene Fouquet / Bloomberg:
Huawei sues for defamation in Paris after a researcher, broadcast journalist, and telco expert say on TV that it spies against the West and is state controlled — - Claim it's controlled by the Chinese state is false, it says — The company is seeking to sell 5G equipment in Europe
Max Q: NASA signs up new Moon delivery companies
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There were lot of highlights in the space industry this past week (even though a rocket launch that was supposed to happened is now pushed to Monday). The biggest news for commercial space might just be that NASA signed on five new companies to its list of approved vendors for lunar payload delivery services, bringing the total group to 14.
SpaceX is among them, and Musk’s company had its own fair share of news this week, too – some good, some bad. One things’ for sure: Even going in to the last week in November, there’s still plenty of news to come in this industry before the year’s out.
The five include Blue Origin, SpaceX, Ceres Robotics, Sierra Nevada Corporation and Tyvak Nano-Satellite Systems. This doesn’t necessarily mean all or any of these companies will actually fly anything to the Moon on behalf of NASA, but it does mean they can officially bid for the chance. Alongside 9 other companies selected previously by NASA, their bids will be considered by the NASA based on cost, viability and other factors.
This is the bad news I referred to earlier: SpaceX’s Starship Mk1 prototype in Texas blew up just a little bit during cryo testing. This test is designed to simulate extreme cold conditions that the spacecraft could endure during flight, and it clearly didn’t. But Elon Musk was optimistic, saying just after the incident that they’ll move on to a more advanced design right away.
One of the companies that is now included in NASA’s lunar payload service provider list is Sierra Nevada Corporation (SNC). They’re currently developing and building their Dream Chaser spacecraft, which is reusable and lands like the Space Shuttle. At an event at Cape Canaveral in Florida, they unveiled what they call the ‘Shooting Star’ – an ejectable single use cargo container for the Dream Chaser that can really add to its versatility.
This demonstration mission is just a start, but the tech that Nanoracks is launching aboard a future SpaceX launch will be able to cut metal in space, marking the first time a robotic piece of equipment has done that. The ultimate goal is to use this tech to take spent spacecraft upper stages and give them new life – as research platforms, satellites or even habitats in orbit.
That’s one of Saturn’s moons, and it’s made up of icy oceans. Normally, that’s not an optimal place for a rover to get around, but the agency’s laboratory has been testing a design in the Earth’s coldest oceans to see how viable it will be, and now they’re going to use the Antarctic, which is where it’ll test it for months at a time.
Elon Musk revealed Tesla’s crazy, beautiful, ugly, strange Cybertruck pickup last week, and he noted that the stainless steel alloy that makes up its skin is the same material that SpaceX is developing and using on its new Starship spacecraft. Sometimes, being CEO of both a car company and a space company at the same time really pays off.
A lot of large companies outsource at least part of their innovation management and design, and with the space boom on, there’s a new opportunity for companies to emerge that specialize in helping those same large companies find out where they fit in this new frontier. Luna is one such co, putting the puzzle pieces together for health tech companies.
ColdQuanta, which uses ultracold atom tech, where atoms are cooled using lasers to manufacture components for quantum computing, raises $16.75M in seed funding (FinSMEs)
FinSMEs:
ColdQuanta, which uses ultracold atom tech, where atoms are cooled using lasers to manufacture components for quantum computing, raises $16.75M in seed funding — ColdQuanta, Inc., a Boulder, CO-based quantum atomics company, closed a $10M additional seed round equity financing.
How Bhiwandi has rebuilt itself to become a logistics hub for online retailers
Review: Knives Out is a delightfully twisty homage to classic whodunnits
Enlarge / Daniel Craig sports a southern accent and plenty of panache as Det. Benoit Blanc in Knives Out. (credit: YouTube/Lionsgate)
A wealthy family patriarch dies under mysterious circumstances and a brilliant detective suspects foul play in Knives Out, Director Rian Johnson's terrific postmodern take on the classic whodunnit. Frankly, I can't tell you much without spoiling the fun—there are twists upon twists upon twists throughout—but the film should be on everybody's must-see list.
(We are very mindful of spoilers below, apart from brief descriptions of the premise and main characters, and well-known tropes of classic mystery novels.)
It's not as much of a radical departure for Johnson as it might seem. His debut feature film, Brick (2005), was a crime drama with film noir overtones, largely inspired by the works of Dashiell Hammett and starring Joseph Gordon-Levitt. (The actor would go on to star in Johnson's third film, 2012's Looper.) For Brick, Johnson had his actors read Hammett and watch classic screwball comedies like His Girl Friday to bring a lighter touch to the traditional noir genre.
Hulu is down, and nobody’s sure why
Hulu is currently down.
We’re not sure why, and neither does Hulu. A stream of tweets complaining about the outage surfaced Sunday morning on the U.S. east coast, but it seems like a global outage. In response, Hulu’s Twitter support didn’t seem to know either, instead telling frustrated users that it’s looking into it.
Fantastic. We’ve reached out for comment. Stay tuned for more. (Or switch to another streaming service instead.)
UK accountancy regulator FRC says auditors can't blame AI for audit failures, after it published what it called the world's first guidance on auditor AI usage (Ellesheva Kissin/Financial Times)
Ellesheva Kissin / Financial Times : UK accountancy regulator FRC says auditors can't blame AI for audit failures, after it published...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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