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Latin America Roundup: Loft raises $175M, SoftBank invests in Mexico’s Alphacredit and Rappi pulls back

By |January 31st, 2020|

Sophia Wood Contributor Share on Twitter Sophia Wood is a principal at Magma Partners, a Latin America-focused seed-stage VC firm with offices in Latin America, Asia and the U.S. Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. More posts by this contributor Latin America Roundup: XP’s chart-topping IPO, --> READ MORE

Trump to halt immigration from Africa’s top tech hub, Nigeria

By |January 31st, 2020|

The Trump administration announced Friday it would halt immigration from Nigeria — Africa’s most populous nation with the continent’s largest economy and leading tech sector. The restrictions would stop short of placing a full travel ban on the country of 200 million, but will suspend U.S. immigrant visas for Nigeria, along with Eritrea, Kyrgyzstan and --> READ MORE

Maxar and NASA will demonstrate orbital spacecraft assembly with a new robotic arm

By |January 31st, 2020|

NASA has awarded Maxar an estimated $142 million contract to demonstrate in-orbit spacecraft refueling and assembly of new components using a custom robotic platform in space. The space infrastructure dexterous robot, or SPIDER, program will be part of NASA’s Restore-L mission to demonstrate automation of proposed orbital tasks like reconfiguring or repairing a satellite or --> READ MORE

Customer feedback is a development opportunity

By |January 31st, 2020|

Kyle Lomeli Contributor Share on Twitter Kyle Lomeli is the CTO and a founding engineer at CarGurus.com. Online commerce accounted for nearly $518 billion in revenue in the United States alone last year. The growing number of online marketplaces like Amazon and eBay will command 40% of the global retail market in 2020. As the --> READ MORE

Newly funded Legacy, a sperm testing and freezing service, conveys a message to men: get checked

By |January 31st, 2020|

Legacy, a male fertility startup, has just raised a fresh, $3.5 million in funding from Bill Maris’s San Diego-based venture firm, Section 32, along with Y Combinator and Bain Capital Ventures, which led a $1.5 million seed round for the Boston startup last year. We talked earlier today with Legacy’s founder and CEO Khaled Kteily --> READ MORE

True product-market fit is a minimum viable company

By |January 31st, 2020|

Ann Miura-Ko Contributor Share on Twitter Ann Miura-Ko is a co-founding partner at Floodgate, a seed-stage VC firm. A repeat member of the Forbes Midas List and the New York Times Top 20 Venture Capitalists Worldwide, she earned a PhD in math modeling of cybersecurity at Stanford University. More posts by this contributor You need --> READ MORE

You need a minimum viable company, not a minimum viable product

By |January 31st, 2020|

Ann Miura-Ko Contributor Share on Twitter Ann Miura-Ko is a co-founding partner at Floodgate, a seed-stage VC firm. A repeat member of the Forbes Midas List and the New York Times Top 20 Venture Capitalists Worldwide, she earned a PhD in math modeling of cybersecurity at Stanford University. More posts by this contributor You need --> READ MORE

Carriers ‘violated federal law’ by selling your location data, FCC tells Congress

By |January 31st, 2020|

More than a year and a half after wireless carriers were caught red-handed selling the real-time location data of their customers to anyone willing to pay for it, the FCC has determined that they committed a crime. An official documentation of exactly how these companies violated the law is forthcoming. FCC Chairman Ajit Pai shared --> READ MORE

Tech companies, we see through your flimsy privacy promises

By |January 31st, 2020|

There’s a reason why Data Privacy Day pisses me off. January 28 was the annual “Hallmark holiday” for cybersecurity, ostensibly a day devoted to promoting data privacy awareness and staying safe online. This year, as in recent years, it has become a launching pad for marketing fluff and promoting privacy practices that don’t hold up. --> READ MORE

Unicorn fever as One Medical’s IPO pops 40% after conservative pricing

By |January 31st, 2020|

Shares of One Medical are worth $19.50 this morning after the venture-backed unicorn priced its IPO at $14 per share last night. The company opened at $18 before rising further, according to Yahoo Finance data. At its current price, One Medical is worth about 40% more than its IPO price, a strong debut for the --> READ MORE