SpaceX acquires parachute company for $2.2M – because it turns out space-rated parachutes are very hard

November 30, 2023

SpaceX is known for its vertical integration, but one component it’s been outsourcing is parachutes – until earlier this month, when the company quietly acquired parachute vendor Pioneer Aerospace after its parent company went bankrupt. The Information first reported the news. This is the second known acquisition for SpaceX, which acquired small satellite startup Swarm […]

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Reddit refreshes its logo as IPO speculation swirls

November 29, 2023

If you weren’t already buying the Reddit IPO rumors, the internet’s beating heart of deeply niche microcultures just introduced a rebrand, refreshing its iconic logo and rolling out some new visual vibes. Reddit’s most obvious visual update is a new design for Snoo, the anthropomorphic red and white robot mascot synonymous with Reddit since its […]

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Loft Orbital is launching ‘virtual missions’ for developers wanting access to space

November 29, 2023

SaaS – software-as-a-service – was the paradigmatic acronym for startups operating over the last decade. But if Loft Orbital has its way, SaaS will soon come to mean something very different: space infrastructure-as-a-service. The San Francisco-based startup has already made enormous progress by developing what it calls an “abstraction layer” between the satellite bus and […]

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Founder of spyware maker Hacking Team arrested for attempted murder: local media

November 29, 2023

The founder of the infamous and now-defunct spyware maker Hacking Team was arrested on Saturday after allegedly stabbing and attempting to murder a relative, according to multiple news reports. David Vincenzetti, who launched Hacking Team in 2003, was arrested when police showed up to his apartment after his cousin called the police, local media reported, […]

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