Insole Tech Startup Plantiga Partners With Original Footwear

Major College Football Teams Should Leave NCAA, Says Knight Commission


Andrew Cohen

The Knight Commission issued a report on Thursday recommending that all Football Bowl Subdivision teams should split from the NCAA and form their own governing body. NCAA president Mark Emmert met Thursday with the Knight Commission to discuss the recommendation. 

The Knight Commission is a panel comprised of university presidents, former athletic directors, and other leaders in sport dedicated to pursuing reform in college athletics. The group’s proposal would see all sports except FBS football continue to operate under the NCAA while FBS programs form a separate entity called the National College Football Association.

The NCAA currently provides all regulatory services to college football but does not benefit from the sport’s biggest money maker, the College Football Playoff, which generated $460 million in 2019 and is independently owned by the 10 FBS conferences. The

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Space Startup Earns $1B In U.S. Military Contracts Amid Launch Drone Unveiling

Space startup Aevum received several government contracts worth nearly $1 billion, including opportunities with the United States Space Force and United States Air Force (USAF).

Aevum is constructing autonomous drones called Ravn X, which take off and land horizontally like airplanes; today (Thursday, Dec. 3) also marks the rollout of the Ravn X vehicle. Aevum is also building a global logistics network to take on as many launch duties as possible themselves.

This work recently garnered them the upcoming ASLON-45 mission with the United States Space Force, which is the first formal small launch mission contracted by the U.S. Department of Defense.

Aevum also received a USAF AFWERX Small Business Innovation Research Phase I contract for rapid launch and space logistics, along with a separate indefinite delivery and quantity contract with the USAF Space and Missile Systems Center’s Launch Enterprise Small

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Space startup Aevum debuts world’s first fully autonomous orbital rocket launching drone

Launching things to space doesn’t have to mean firing a large rocket vertically using massive amounts of rocket-fuel powered thrust – startup Aevum breaks the mould in multiple ways, with an innovative launch vehicle design that combines uncrewed aircraft with horizontal take-off and landing capabilities, with a secondary stage that deploys at high altitude and can take small payloads the rest of the way to space.

Aevum’s model actually isn’t breaking much new ground in terms of its foundational technology, according to founder and CEO Jay Skylus, who I spoke to prior to today’s official unveiling of the startup’s Ravn X launch vehicle. Skylus, who previously worked for a range of space industry household names and startups including NASA, Boeing, Moon Express and Firefly, told me that the startup has focused primarily on making the most of existing available technologies to create a mostly reusable, fully automated small payload

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Google Cloud acquiring Actifio, startup backed by Andreessen Horowitz

  • Google Cloud announced Wednesday that it plans to acquire the data backup and recovery startup Actifio, which has been backed by VCs including Andreessen Horowitz, Greylock Partners, and TCV.
  • Google Cloud plans to use Actifio’s technology to help customers with managing their data both on the cloud and in private data centers, showing their investment in the so-called hybrid cloud.
  • Under CEO Thomas Kurian, Google Cloud has already made several acquisitions, including a $2.4 billion deal to buy the data analytics company Looker.
  • Visit Business Insider’s homepage for more stories.

Google Cloud announced Wednesday that it plans to acquire Actifio, a data backup and recovery startup that counts firms including Andreessen Horowitz, Greylock Partners, and TCV among its investors.

The terms of the deal were not disclosed. Actifio, which is based in Massachusetts, had raised a total of $461.13 million and was privately valued at $1.3 billion in 2018, according

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Amazon is considering buying podcast startup Wondery: WSJ

  • Amazon is considering buying Wondery, the world’s largest independent podcast publisher, the Wall Street Journal reported.
  • Sources say the talks value Wondery at $300 million, which would make for the podcast industry’s largest deal if the negotiations go through.
  • Apple and Sony were reported to be among four companies that were holding preliminary talks in November to buy Wondery, which was seeking between $300 million and $400 million.
  • News of Amazon’s potential acquisition of Wondery comes as the podcast market continues to heat up, with Spotify acquiring Gimlet Media in 2019 and landing an exclusive deal with Kim Kardashian West in June.
  • Visit Business Insider’s homepage for more stories.

Amazon is considering buying the podcast startup Wondery, the Wall Street Journal reported Wednesday.

Sources told the outlet that the early talks are exclusive and would signal the tech company’s deeper foray into the consumer audio market. Wondery is the world’s

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Startup founded by ‘Love Lab’ experts releases new platform and tech tools to assess relationships

(Affective Software Image)

Affective Software Inc., the startup founded by the leaders of the famed Gottman Institute, is releasing a new portal and products to harness technology in assessing and improving relationships.

The startup, which first revealed its plans back in May, has raised $400,000 in new funding from angel investors, adding to previous seed funding and bringing the company’s total to date to $2.9 million.

Affective Software was co-founded by Drs. John and Julie Gottman, who found fame with their research-based love and therapy Institute and the so-called “Love Lab,” which opened in 1986 at the University of Washington and was considered at the time to be the world’s original couples laboratory.

Microsoft veteran Rafael Lisitsa, a longtime engineer and technology executive, is also a co-founder and is Affective’s CEO and president.

The startup uses artificial intelligence and machine learning technology to bring the Gottman’s techniques to personal computing

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Seattle startup Flexe raises $70M as e-commerce rise fuels demand for flexible warehousing platform

The Flexe team, pre-pandemic. (Flexe Photo)

Flexe is raising more capital ahead of schedule as the pandemic-driven e-commerce boom spurs faster-than-expected growth for its warehousing technology platform.

The Seattle startup announced a $70 million Series C round led by new investor T. Rowe Price, with participation from existing backers Activate Capital, Tiger Global, Madrona Venture Group, Redpoint Ventures, Prologis Ventures, and others. Total funding to date in the 6-year-old company is $134 million.

Flexe originally planned to raise another round sometime next year. But investors were ready to put more fuel into the business given its recent metrics.

“Flexe is poised to become an impactful company in the logistics industry for the long term,” Andrew Davis, director of private investments at T. Rowe Price, said in a statement. T. Rowe Price recently led a $2.5 billion round in electric car maker Rivian and was an early backer of Facebook, Twitter,

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Israeli Startup Adasky’s Thermal Cameras Aimed At Reducing Pedestrian Traffic Deaths

The split screen image tells two dramatically different versions of the same story. On one side the view through a conventional camera showed a barely visible vehicle on a dark street. On the other, what could not be clearly seen in the first image became crystal clear: moving vehicles and pedestrians—all obstacles an autonomous vehicle or one equipped with an advanced driver assistance system (ADAS) would need to “see” to avoid an accident.

 The more revealing image was produced by a thermal camera system called Viper created by Israeli start up Adasky and its CEO Yakov Shaharabani believes the little device that costs around $100 is both a game changer, life saver and a vast improvement on current

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Facebook to buy customer service startup Kustomer

FILE PHOTO: The Facebook logo is displayed on a mobile phone in this picture illustration taken December 2, 2019. REUTERS/Johanna Geron/Illustration

(Reuters) – Facebook Inc said on Monday it would buy customer service startup Kustomer, as the world’s largest social network adds tools to attract more sellers to its platforms.

Kustomer allows businesses to aggregate customer conversations from multiple channels into a single-screen, and also to automate some of the responses to prospective buyers. The New York-based firm already has its services integrated on Facebook Messenger and Instagram.

The deal will also enable Facebook to scale up its WhatsApp Business service, as more companies flock to the instant messaging app to answer customer queries during the COVID-19 pandemic.

Financial details of the deal were not disclosed.

The Wall Street Journal, which first reported about a likely acquisition, said the transaction valued Kustomer at $1 billion.

Facebook has doubled down on

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Fusion Beverages Startup Raskik Raises $1 Mn in Pre-Series A Round Led By Venture Catalysts

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You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.

Homegrown accelerator and incubator Venture Catalysts on Monday announced that it has led an investment of $1 million in a pre-series A funding round for infusion beverages startup Raskik. 9Unicorns, another accelerator venture capital firm, also participated in the round along with the backing of some key angels and corporate investors such as Syed Safawi, Kunal Bahl and others.

The fresh investment pumped into the startup will be utilized to expand its operations in India and seeks to develop consumer intimacy with millennials.

Founded by Vikas Chawla, Abhay Parnerkar and Satyajit Ram, Raskik targets millennials and provides natural fusion beverages. The startup at the moment is present in Delhi NCR and serves three variant of coconut water and fruit juice

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