NASA and SpaceX practice Crew Dragon evacuation procedure with astronaut recovery vessel

NASA and SpaceX continue their joint preparations for the eventually astronaut crew missions that SpaceX will fly for the agency, with a test of the emergency evacuation procedure for SpaceX’s GO Searcher seaborne ship. The ship is intended to be used to recover spacecraft and astronauts in an actual mission scenario, and the rehearsals this […]

Ikea doubles down on smart home tech with new business unit

Ikea’s smart home investments to date have been smart but scattered – now the Swedish home goods brand says it’s going to amp up its smart home bets with a brand new dedicated business unit. The company’s smart home endeavors began in 2012, and focused on wireless charging and smart lighting. It’s iterated in both […]

SoftBank reportedly plans to lend employees as much as $20 billion to invest in its VC fund

SoftBank has a plant to loan up to $20 billion to its employees, including CEO Masayoshi Son, for the purposes of having that capital re-invested in SoftBank’s own Vision venture fund, according to a new report from the Wall Street Journal. That’s a highly unusual move that could be risky in terms of how much […]

L.A.-based Upfront Ventures has two new general partners, bringing its GP count to eight

Upfront Ventures, the 23-year-old, L.A.-based venture capital firm, is gearing up for far more deal-making. In addition to filing paperwork with the SEC this summer to raise its third growth-stage investment fund (it is also investing a $400 million early-stage fund and probably announcing another soon), the firm just added two new general partners to […]