Technology

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SpaceX has recently won the contract for NASA's 2022 mission to explore Psyche, a mineral-rich asteroid that may teach us about how planets formed. The mission will still be conducted and overseen by NASA and will cost $117 million, a very low cost for such a large mission. The asteroid is located between Mars and Jupiter.

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The 13 billion USD food delivery startup DoorDash, which some say is currently the largest on-demand food delivery company in the US, has stated that it has applied for a confidential IPO, which will allow it to explore some of the benefits of a public listing without being subjected to strict scrutiny that accompanies a regular IPO.

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Social media giant Facebook has announced that it is cancelling this year's F8 developers conference due to the coronavirus outbreak, following the recent cancellation of the Mobile World Congress and other mass events. While Facebook is canceling the in-person aspect of the F8, Facebook will still connect with developers by hosting local events and live streaming.

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Amazon is currently planning to enter the Indian food delivery market and has been testing out its services with a select few restaurants in Banglore. This new service could be available as soon as next month and will be a part of their Amazon Prime or Fresh services. Uber recently exited this same market due to the dominance of local alternatives.

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Steve Huffman, the CEO and co-founder of popular social media site Reddit, has recently said that Tik Tok is essentially spyware and is 'fundamentally parasitic'. He said that the app is constantly recording and logging information and that Silicon Valley startups should not be taking lessons from the Chinese app.

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Amazon has opened the world's first cashless grocery store that allows customers to just walk out with their items after scanning their phones. There are no cash counters and thus no lines or waiting, customers just grab what they need and leave. The store is currently just a pilot test to figure out how to make this technology work on a massive scale.

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Wikimedia Foundation, the not-for-profit organization that owns and operates the online information database Wikipedia, has stated that the company may no longer be able to continue operating in India after the Indian government passed new resolutions regulating content on the internet. Wikimedia has stated that maintaining its platform will prove difficult in light of its free knowledge-sharing mission.

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A Santa Monica-based scooter rental startup called Bird recently announced a new feature for its users, called Bird Pay. The feature will allow users to make purchases at local businesses near the locations of scooter pickup or dropoff. According to Bird, the feature was requested by local business owners who want to boost sales using Bird's scooter locations.

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The co-founder and CEO of popular Mexican home rental startup Homie, Jordi Greenham has been forced to step down from his position after his scandalous texts to a woman came to light. The woman, who has asked to remain anonymous, was a potential employee who exchanged Whatsapp texts with Greenham regarding potential employment at Homie, with Greenham offering her 3000 pesos to spend a night with him.

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Venmo, an online payment service, maybe launching a new program that would allow adults to create bank accounts for their children, complete with special debit cards. This card will have limited privileges that will be decided by the original owner of the account. The company is currently just experimenting with the design and has not officially announced the feature.

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For its 24th March launch in select countries in Europe, Disney is offering those who pre-order the Disney+ service a discount on annual subscriptions, reducing the original price tag by 10 EUR to bring the cost down to 59.99 EUR. Since Disney+ is already operational in the Netherlands, only users in the UK, Ireland, France, Germany, Spain, Italy, Austria, and Switzerland are eligible for the discount.

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California startup Karius has successfully raised 165 million USD from Japanese Vision Fund investor Softbank, which also backs WeWork, for its liquid biopsy technology which is currently being utilized to investigate pathogens in immunocompromised children, finding causes of complex pneumonia, fungal infections and endocarditis. The rapidly growing company's testing technique has been published and validated in the Nature Microbiology journal.

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According to some leaked design plans, Twitter is considering placing warning labels on tweets made by politicians or public figures that turn out to be false. The policy will help combat the spread of misinformation on their platform although it is unclear what system they would use to fact check these statements.

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The attorney general of New Mexico is currently suing Google, claiming the tech giant is using its infrastructure to spy on children and families. He said that Google has a giant database full of information regarding the lives and habits of children in the country. The company settled a similar suit in New York last year.

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Elon Musk's aeronautics company SpaceX is reportedly chasing a 36 billion USD valuation by seeking an additional 250 million USD in funding, which would increase the company's value by more than 2.5 billion USD. The company has shown strong revenue flows in the past due to lucrative contracts with NASA and comfortably raised 1.33 billion USD last year.

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Mirroring the rapid success of hotel startup Oyo in India, investors in Latin America led by Kasazek Ventures have invested 8.7 million USD in hotel startup Ayenda, the largest hotel chain in Colombia operating 150 hotels in the country, which has also recently expanded to Peru.

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Technology journalist Jordan Wildon who works for the German media company Deutsche Welle recently tweeted a proof in which Google indexed a list of invite links of several WhatsApp groups, making the privacy of encrypted messaging app more vulnerable. People can join the private groups through the invitation links they find on Google. These links are available across the internet. Google declined to provide a comment on the matter.

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In the release of its fourth-quarter earnings report for 2019, the online storage service Dropbox reported performing much better than expected with users growing from 14 million to 14.3 million against a projected 14.2 million, with average revenue per paying user climbing to 125 USD against a projected 123.81 USD. Dropbox's share prices have resultantly surged 13 percent to 21 USD, the highest since September 2019.

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Following its failures with convincing eBay, Visa, and Stripe to join its stable cryptocurrency venture, Facebook has finally signed an agreement with the online retail platform Shopify to join its Libra initiative. Shopify will be investing at least 10 million USD in the cryptocurrency and will include the Libra currency in its payment options.

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Tesla CEO Elon Musk has recently warned that all AI development should be better regulated and closely monitored, saying the technology could potentially be a danger to humanity. Musk has previously said that AI could be more dangerous than nukes and that the government should form a special committee to monitor its development.

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Tock, a five-year olf restaurant reservation service has launched an app through which users will be able to book a table at their favorite restaurants. The app lets users buy a ticket for a meal at a restaurant, a service that has been growing in popularity. The company is processing $2 million a day in prepaid tickets.

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Quibi, a mobile-only video streaming app founded by Hollywood producer Jeffrey Katzenberg and Technology executive Meg Whitman, raised $1.4 billion before the launch. The official launch date for the app is expected to be April 6, 2020, as the video streaming app is currently available for pre-orders at App Store and Google Play. Quibi offers shows with episodes of 10 minutes or less. The company secured $150 million ad-revenues pre-launch.

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Google had launched a crackdown on the Google Play Store as the company banned more than 600 apps and their developers over Disruptive ads. Google defines disruptive ads like the ads that are displayed to users in unexpected ways, such as display of ads even when the app is not in use. Google’s policy doesn't allow such advertisements. Google is planning to launch a campaign to counter mobile ad fraud

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According to the latest forecast made by eMarketer, the Amazin-owned game streaming service Twitch is set to surpass 40 million active viewers next year, massively increasing its current userbase of 37.5 million current viewers. Twitch's growth has been slowed down recently due to the introduction of rival streaming services from YouTube, Microsoft's Mixer, and Facebook Gaming.

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A UK-based food delivery startup called HungryPanda, which focuses its services towards Chinese communities and business owners, first started its service in Nottingham and has now expanded to 31 cities in Italy, France, Australia, New Zealand, and the US. HungryPanda has currently raised 20 million USD in funding from investors 83North and Felix Capital which will be used to accelerate the company's expansion in the US.

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