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Prepaid payments platform Recharge raises €45M to go on M&A spree

With inflation still stubbornly high in comparison to previous years, and the siren voices of subscription services like Netflix and Spotify continuing to lure, consumers have understandably turned to alternative forms of payment to manage their household bills. As a result, online prepaid payment platforms have benefited.  That’s the bet being laid today by Recharge, […]

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Hyperline secures $10 million for its automated billing platform

French startup Hyperline wants to build the next-generation Chargebee. Over the past two years, the startup has built a new billing platform that can be used for recurring subscriptions, one-off purchases, usage-based billing and more. Hyperline raised an initial €4 million funding round from Index Ventures back in 2023 ($4.1 million at today’s exchange rate). […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Blue Origin’s New Glenn rocket launches into orbit on its maiden flight

Blue Origin's New Glenn rocket has successfully made it to space for its maiden flight, a few days after its planned January 13 launch was scrubbed. The vehicle passed the Kármán line, the internationally recognized boundary of space, shortly after 2AM Eastern time on January 16. New Glenn's booster separated from the rest of the rocket to make its way back to Earth towards a landing platform in the ocean by 2:10 AM, while its second stage and payload went on to reach orbit. The company has just announced on its live feed that it failed to land New Glenn's booster, but it was never the launch's primary purpose. 

Dave Limp, the company's CEO, previously stressed that the mission's objective is to reach orbit. "Anything beyond that is a bonus," he wrote in a tweet. He said that landing the booster was "ambitious" but that Blue Origin is still going for it and expects to "learn a lot" from the effort. Notably, it took SpaceX three years of landing tests before it was successfully able to land Falcon 9's first stage on a drone ship in the ocean.

New Glenn is a heavy-lift launch vehicle with a booster that was designed to be reused for a minimum of 25 flights. Blue Origin describes it as its "giant, reusable rocket built for bigger things." It has a massive payload capacity and can carry more than 13 metric tons to geostationary transfer orbit (GTO) and 45 metric tons to low Earth orbit (LEO). For its maiden flight, the vehicle carried the company's Blue Ring Pathfinder, which is part of its Blue Ring platform that will offer spacecraft services to clients like the Pentagon. The mission is meant to test Blue Ring's core flight and ground systems, as well as its operational capabilities. 

This article originally appeared on Engadget at https://www.engadget.com/science/space/blue-origins-new-glenn-rocket-launches-into-orbit-on-its-maiden-flight-073451555.html?src=rss

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© Blue Origin

A rocket on a launch pad.

Bezos’ Blue Origin successfully launches SpaceX rival

New Glenn on the launchpad. | Image: Blue Origin

The billionaire space race entered a new phase today when Jeff Bezos’ Blue Origin successfully launched its 320-foot-tall New Glenn rocket from Cape Canaveral in Florida.

At 2:03AM ET this morning, New Glenn’s seven reusable BE-4 engines ignited to propel the NG-1 rocket into space, with the second stage and payload reaching orbit to achieve Blue Origin’s primary mission goal. It also successfully activated its Blue Ring Pathfinder payload vehicle which is “receiving data and performing well.

pic.twitter.com/Y2jjkkZsQv

— Jeff Bezos (@JeffBezos) January 16, 2025

In parallel, the first stage booster — dubbed, “So You’re Telling Me There’s A Chance” — autonomously descended to its landing platform located several hundred miles downrange in the Atlantic. As it approached the Jacklyn barge, the booster lost contact with control and stopped sending data. Blue Origin confirmed that the booster was lost during landing. The company will try again in the spring.

Nevertheless, Blue Origin’s goal for today’s uncrewed launch was for New Glenn to reach orbit. Anything beyond that would be a bonus. “No matter what, we will learn a lot,” said Blue Origin CEO Dave Limp ahead of today’s launch.

 Image: Blue Origin
Today’s flight profile. Success meant launching into orbit, everything else was a “bonus.”

The launch comes after almost a decade of development and puts Elon Musk’s SpaceX on notice. New Glenn has about the same carrying capacity as SpaceX’s Falcon Heavy, and is meant to shuttle cargo into space on the reusable launch platform. This includes satellites for Amazon’s rival to Starlink’s high-speed low-latency internet service. The first of these 3,236 Project Kuiper satellites are expected to launch into low Earth orbit soon, aboard SpaceX’s Falcon 9 rocket before New Glenn can take over the heavy lifting.

“I’m incredibly proud New Glenn achieved orbit on its first attempt,” said Limp. “We knew landing our booster on the first try was an ambitious goal. We’ll learn a lot from today and try again at our next launch this spring.”

Update, January 16th: Added additional mission success details and quote from Limp.

Amazon to buy Indian BNPL startup Axio for over $150M

Amazon has agreed to acquire Indian buy-now, pay-later startup Axio, deepening its push into financial services in one of its fastest-growing markets. The e-commerce group, which has held an equity stake in Axio for six years, signed the acquisition agreement in December after completing due diligence, the Indian startup said in a blog post. Financial […]

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In AI copyright case, Zuckerberg turns to YouTube for his defense

Meta CEO Mark Zuckerberg appears to have used YouTube’s battle to remove pirated content to defend his own company’s use of a data set containing copyrighted e-books, reveals newly released snippets of a deposition he gave late last year. The deposition, which was part of a complaint submitted to the court by plaintiffs’ attorneys, is […]

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Creators fast-track efforts to rely less on platforms amid intensifying TikTok uncertainty — here’s where they’re going

We want to hear your thoughts on the potential TikTok ban. Take our brief survey.

For years, TikTok creators have been trying to migrate their audiences onto other platforms — but were relatively subtle about their efforts, both due to fears that TikTok’s algorithm suppresses attempts to move users off the app and because of TikTok users’ distaste toward manipulative content.

But now, as the U.S. forges ahead with its TikTok ban that’s approaching a Jan. 19 deadline, creators have gone mask-off, growing more proactive and more explicit with their attempts to divert fans off of TikTok as a ban or sale becomes a likely reality. Even though moving followers over onto another social network isn’t easy, it shouldn’t immediately disrupt many brand deals.

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Digiday Media events get a refresh under Liz Pitonyak’s leadership

Digiday’s events are getting a refresh under the leadership of Liz Pitonyak, who joined the company as general manager of events in December.

She joined Digiday Media with 15 years of experience in event strategy and partnership, after most recently directing event initiatives at Adweek and at Forbes. She will oversee events for Digiday, Glossy, Modern Retail and WorkLife.

“I have dedicated my career to creating transformative experiences that resonate with target audiences, amplify brand stories and deliver measurable business outcomes,” Pitonyak said.

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Industry clutches pearls after WPP returns to office four days a week

This story originally published on sister site, WorkLife.

WPP’s announcement requiring employees to return to the office four days a week has sent shockwaves through the advertising industry, spotlighting a deepening divide between corporate-owned and independent agencies on workplace flexibility. While some leaders argue in-person collaboration fuels creativity, critics view the move as outdated and morale-crushing.

Employees have voiced frustration over the abrupt policy from the agency holding group, citing poor communication and personal challenges, with some questioning whether “creative collaboration” outweighs childcare needs or two-hour commutes. Meanwhile, independents see an opportunity to attract disillusioned talent championing flexible models that balance productivity with personal well-being.

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