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In Today’s Edition
Starlink to Be Available on Most Aircraft Soon
Going from Developer to CEO: Chronosphere
SpaceX’s Falcon Heavy rocket is about to become a workhorse for NASA
How Disney Packed Big Emotion Into a Little Robot
Google will now make passkeys the default for personal accounts
Who Can Commercialize New Technologies?
The Creepy New Digital Afterlife Industry
🚀Startups Nuts
SpaceX's Starlink will soon be available for use by any aircraft operator. Starlink Aviation will cost airlines $25,000 per month and they will have to purchase equipment for $150,000. It offers download speeds of 40-220 Mbps. Starlink's network is significantly larger than all of its competition combined - most inflight offerings are only able to offer an unstable connection with a maximum of 10 Mbps.
Martin Mao started out as a developer at a local startup in Australia. He is now the CEO of heads up observability scaleup Chronosphere, a company that supports billions of active time series across its customer fleet. The company was founded by two engineers. This article covers Mao's journey from Australia to working in Silicon Valley, launching a start up, and going from developer to CEO. Lessons from his journey include learning to lean on VCs and advisors and to seek help and advice from other founders and CEOs.
🏭Business Nuts
SpaceX will soon be the only option for NASA to launch many of its science missions. This has concerned some industry officials as a SpaceX launch failure might disrupt the business plans of a wide range of customers. The company may also raise launch prices due to the lack of competition. Prices for upcoming launches are already much higher than previous launches, but the requirements are also more complex.
A Disney Research team recently presented a brand new robotic character during a keynote address. The robot packs an enormous amount of expression into its child-size body, emoting in a way that makes it seem uniquely alive. It uses a system that leverages reinforcement learning to convert an animator's vision into expressive motions. This article discusses how it was developed and the technology behind it - a video of the robot is available.
📱Tech Nuts
Google users will start being prompted to create and use passkeys instead of passwords starting today. Passwords will still be used where passkeys are not yet supported. Passkeys ensure that users have separate keys for each account. They are resistant to online attacks like phishing. Users can choose to forgo passkeys by unchecking the 'skip password when possible' option in their account settings.
A consistent factor in startup success is founder-company fit. Investors are looking for those capable of changing the world and doing something that hasn't been done before. Those responsible for research breakthroughs might not be the right people to innovate and capture value. There are many factors in business that require specific skill sets to navigate. Creators and innovators should make sure they are partnering with the right people on the founding team.
🔥Newsletter Spotlight
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🎁Miscellaneous
Gary Wang recently walked jury members through snippets of FTX's code, revealing how Alameda was given an unlimited line of credit, how FTX's insurance fund balance was falsified, and more.
The digital afterlife industry makes it possible to create reconstructions of dead people based on the data they've left behind.
💡What else are we reading and seeing?
Threads is planning to add GIFs, Voice Posts, and more
Play-by-Play on SBF Trial
US investors seek edge in European soccer
NYC’s Airbnb ban descending into pure chaos
Generative AI will get a cold shower in 2024
Hedge funds won big on bets mergers would go through
3 habits of people who get promoted quickly
What does it mean to be wealthy
😎Fun Fact
The world's most expensive stock ever sold was Berkshire Hathaway's Class A shares, trading at over $400,000 per share
🔥 Hot Book of the Day
Yo, in 2021, everyone was going crazy over cryptocurrency. Big-shot investment funds were buying it, Tom Brady was endorsing it, and TV ads hyped it up as the future of money. But let's be honest; only some knew how it worked. But who cares, right? People were making banks from Dogecoin, Shiba Inu, and other weirdly named "digital assets."
But one investigative reporter, Zeke Faux, had a hunch that this was all just a giant confidence game. So, he decided to do some digging, and before he knew it, he was on a two-year journey across the globe to learn about the people behind this new financial machinery.
Faux's investigation led him to a guy named Sam Bankman-Fried (or SBF for short), who was a total schlub with wild hair and a crypto genius. And he met many other crypto scammers, utopians, and overnight billionaires.
Faux even made it to a fancy resort in the Bahamas, where SBF declared that he would use his crypto fortune to save the world. And he snuck onto a yacht owned by a former child actor turned crypto boss. He even dropped $20k on a cartoon monkey image to get into "ApeFest," a super exclusive party headlined by Snoop Dogg.
And let's remember his adventures in El Salvador, where he saw firsthand what happens when a country bets its treasury on Bitcoin. Or when he stumbled upon a Pokémon ripoff mobile game in the Philippines that people were touting as a solution to poverty.
Overall, Faux's journey was wild and eye-opening. Who knew the world of crypto was so full of characters and drama?
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