Elon Musk sold all 20K Boring flamethrowers, bringing in $10M

 Elon Musk’s flamethrower, branded and sold via The Boring Company, his new tunnel digging venture, is now all sold out. That means 20,000 buyers have secured pre-orders, and at $500 per, that adds up to $10 million in committed funds heading to The Boring Co’s coffers.
Musk started selling these via The Boring Company’s website just a few short days ago, on Saturday, January 27. Read More

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Nextdoor is expanding to France to connect neighbors

 After a slow and steady expansion across the U.S., social platform Nextdoor is now launching its fourth country outside of its home country. Nextdoor is a sort of tiny Facebook for neighborhoods. It’s a good way to connect with your neighbors, exchange tips, buy and sell things and more.
“The launch of Nextdoor in France represents a critical step in our continued European expansion. Read More

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A new study of Airbnb paints an ugly picture of the company’s impact on New York City housing

 For anyone who knows their city well, it’s easy to see that the short-term rental boom spurred by Airbnb’s massive popularity is changing things. Figuring out what exactly is changing and how quickly is trickier. In New York, those changes are have kept Airbnb and city regulators engaged in a multi-year war over what’s really good for the city. A new deep dive into the… Read More

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Mobile delivers high exit multiples despite broader market slowdown

 In the world of mobile apps, numbers come in two sizes: big and bigger. More than one billion people use Facebook’s mobile app every day. But what about the financial side of the mobile business; specifically, venture investment and returns? By looking at the numbers behind two different ends of the startup life cycle, a reasonable understanding of the mobile market today can be had. Read More

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Watch what it actually looks like when CRISPR snips a strand of DNA

 The CRISPR-Cas9 gene-editing technique is an important concept to know about in these days of biotech advances, but it can be pretty difficult to visualize properly. Is it really like molecular scissors? Where does the DNA go? Is it a big molecule or a small one? Fortunately a group has created a 3D animation of the process that shows it at the molecular level. Read More

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Equifax launches its credit locking app and extends free credit freezes through June

 Today was supposed to be the deadline for Equifax’s free credit freeze offering, but the company has decided to extend the service to consumers for another five months. Now, Equifax customers can request a credit freeze through June 30.
Still, January 31 is the last day to cash in on free credit monitoring through Equifax’s TrustedID Premier program, assuming you still trust the… Read More

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Engine Biosciences raises $10 million in Southeast Asia’s largest institutional seed round

 Life sciences startups in Asia are getting another boost with the $10 million investment in Engine Biosciences — a biotech company that’s applying machine learning to genomics for drug discovery. With its headquarters in both Singapore and San Francisco, the company has managed to attract some impressive investors from both the U.S. and Asia. The round was co-led by Danhua… Read More

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