Category: TC

NASA and SpaceX practice Crew Dragon evacuation procedure with astronaut recovery vessel – TechCrunch

NASA and SpaceX continue their joint preparations for the eventually astronaut crew missions that SpaceX will fly for the agency, with a test of the emergency evacuation procedure for SpaceX’s GO Searcher seaborne ship. The ship is intended to be used to recover spacecraft and astronauts in an actual mission scenario, and the rehearsals this
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LA-based Upfront Ventures has two new general partners, bringing its GP count to eight – TechCrunch

Upfront Ventures, the 23-year-old, LA-based venture capital firm, is gearing up for far more deal-making. In addition to filing paperwork with the SEC this summer to raise its third growth-stage investment fund (it is also investing a $400 million early-stage fund and probably announcing another soon), the firm just added two new general partners to
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Another day, another reversal in stock fortunes as recession fears – TechCrunch

U.S. stock markets plummeted today as recession fears continue to grow. Yesterday’s good news about a reprieve on tariffs for U.S. consumer imports was undone by increasing concerns over economic indicators pointing to a potential global recession coming within the next year. The Dow Jones Industrial Average dropped more than 800 points on Wednesday —
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WeChat Pay and Alipay partner QFPay raises $20 million to develop new digital payment solutions – TechCrunch

Digital payments startup QFPay announced today that it has raised $20 million in new funding led by returning investors Sequoia Capital China and Matrix Partners. MDI Ventures, the investment arm of state-owned Indonesian telecom Telkom Indonesia, Rakuten Capital and VentureSouq also participated as new strategic investors. According to Crunchbase, this brings QFPay’s total raised so
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What tech gets right about healthcare – TechCrunch

We often hear how tech just doesn’t get the healthcare industry but how is it helping where government and big pharma can’t? Sarah Buhr @sarahbuhr / 7 hours Why is tech still aiming for the healthcare industry? It seems full of endless regulatory hurdles or stories of misguided founders with no knowledge of the space,
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Data-driven events discovery and planning startup Fever raises $35 million led by Rakuten – TechCrunch

Fever, a startup that uses proprietary algorithms to help companies plan events, announced today that it has raised $35 million led by Rakuten Capital, the investment arm of Japanese internet giant Rakuten . Other investors in the round, which brings Fever’s total raised to $70 million, included Atresmedia, Accel and Michael Zeisser, the former chairman
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Digital identity startup Yoti raises additional £8M at a valuation of £82M – TechCrunch

Yoti, the London startup offering a digital identity platform and app that lets you prove who you say you are when accessing services or making age verified purchases, has raised £8 million in additional funding. Backing the round is unnamed private investors, Yoti employees, and Robin Tombs, the startup’s co-founder and CEO, who previously founded
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Amazon develops a new way to help Alexa answer complex questions – TechCrunch

Amazon’s Alexa AI team had developed a new training method for the virtual assistant that could greatly improve its ability to handle tricky questions. In a blog post, team lead Abdalghani Abujabal details the new method, which combines both text-based search and a custom-built knowledge graph, two methods which normally compete. Abujabal suggests the following
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Mobile messaging financial advisory service, Stackin, adds banking features and raises cash – TechCrunch

When Stackin initially pitched itself as part of Techstars Los Angeles accelerator program two years ago, the company was a video platform for financial advice targeting a millennial audience too savvy for traditional advisory services. Now, nearly two years later, the company has pivoted from video to text-based financial advice for its millennial audience and
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