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Mikhail Kokorich, the founder of Momentus, a new Y Combinator-backed propulsion technology developer for space flight, hadn&t always dreamed of going to the moon.
A physicist who graduated from Russiatop-ranked Novosibirsk University, Kokorich was a serial entrepreneur in who grew up in Siberia and made his name and his first
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Read more: Propelling deep space flight with a new fuel source, Momentus prepares for liftoff
Write comment (94 Comments)For people who make investment decisions based on revenues and projected earnings, biotech IPOs are kind of a non-starter. Not only are new market entrants universally unprofitable, most have zero revenue. Going public is mostly a means to raise money for clinical trials, with red ink expected for years to come.
That pattern may be one reason the
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Read more: While tech waffles on going public, biotech IPOs boom
Write comment (93 Comments)In emerging market countries where economic volatility is a way of life, there aren&t a lot of relatively safe options for members of the burgeoning middle class to park their money.
For instance, countries like Nigeria have experienced a tremendous growth in the number of citizens entering the middle class, which now accounts for about 23
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Read more: CowryWise micro-savings service opens high-yield government bonds to everyday Nigerians
Write comment (90 Comments)Last weekend, Epic Games put forth its first true effort at official competitive Fortnite Battle Royale. It was a disaster.
The private hosts used for the tournament were about as laggy as could be, with pro players getting eliminated simply because they couldn&t move. This tournament was for a total prize of $250K. Thatbig money,
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Read more: What should competitive Fortnite look like
Write comment (91 Comments)French startup Tempow has been working on improving the Bluetooth protocol at a low level to make it more versatile. The company is introducing a new audio profile for your TV or set-top box.
TV and set-top box manufacturers can license Tempow software and integrate new features in their devices. It works with regular Bluetooth chips, but
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Read more: Tempow’s Bluetooth stack can improve your TV setup
Write comment (96 Comments)Tilray, a five-year-old, British Columbia-based medical cannabis company that sells its products to patients, researchers, pharmacies and even governments, saw its shares get high (sorry) on the Nasdaq today, after the company priced 9 million shares at $17 apiece and watched them soar, closing at $22.39, a jump of slightly more than 32 percent.
The
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