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SpaceX acquires parachute company for $2.2M, because it turns out space-rated parachutes are very hard

SpaceX acquires parachute company for $2.2M, because it turns out space-rated parachutes are very hard

SpaceX is known for its vertical integration, but one component it’s been outsourcing is parachutes — until earlier this month, when the company quietly acquired parachute vendor Pioneer Aerospace after its parent company went bankrupt. The Information first reported the news. This is the second known acquisition for SpaceX, which acquired small satellite startup Swarm…

Backed by East Ventures, Fr8Labs aims to digitize Asia’s logistics industry

Backed by East Ventures, Fr8Labs aims to digitize Asia’s logistics industry

In Western markets, freight forwarders are well into digitizing their operations, but the same doesn’t hold true in Southeast Asia, say the founders of Fr8Labs. The reasons for that include the lack of localized software and a more fragmented logistics industry where SMBs dominate. Fr8Labs wants to digitize Asia’s logistics industry with its SaaS operating…

Melania Trump And Jill Biden’s White House Christmas Decorations Couldn’t Be More Different, Like It’s Actually Funny

Melania Trump And Jill Biden’s White House Christmas Decorations Couldn’t Be More Different, Like It’s Actually Funny

Every year, the First Lady is tasked with decorating the White House for the holidays.People have noticed just how dramatically different the White House decorations have changed from Melania Trump to Jill Biden, so let’s take a closer look at the two.Twitter: @acnewsiticsLet’s start off with Melania.One year, Melania decorated an entire hallway with white…