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NASA's Plans to Create a Free Market in Space

NASA's Plans to Create a Free Market in Space

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"If they were able to figure out the economics of bringing back precious metals, you could have your first trillionaire on Earth — and they know it."

NASA's Jim Morhard has big ideas for how to create an economy in space that goes just beyond serving the U.S. government's needs. He spoke with senior reporter Tami Abdollah about creating contracts in space, mining asteroids and Southern California's special place in the space race.

Quibi may soon be shutting down, The Information reports.

Netflix user growth slows after an early rush during the pandemic.

NASA successfully collects samples from an orbiting asteroid.

"Willow" series is set for Disney Plus.

Amazon's new videogame streaming platform is open for testing.

L.A.-based Frost Giant gaming studio launches out of Blizzard's shadow.

Impossible Foods, maker of the Impossible Burger, is now working on plant-based milk.

Microsoft partners with SpaceX on its new Azure cloud market initiative.

The dot.LA Summit is coming later this month, featuring cutting-edge programming, fast-pitch competitions, networking, workshops, social events and a live awards show. See the  speakers list, register here and vote for who should pitch in our startup showcase!

We talked with NASA administrator Jim Morhard about the administration's efforts to build up and support the space industry so that the government can step back and reap the benefits of private innovation. Read more >>

Partnering with Gucci and Giphy, L.A.-based Genies is expanding beyond creating avatars for celebrities. Consumers can now create their own avatars on partner platforms that use Genies' software development kit. Read more >>

Snap shares soared after CEO Evan Spiegel touted the company's highest Q3 growth rate since 2017 and its involvement around calls for social change. Read more >>

Playa Vista-based VENN leveled up in its quest to become the 24/7 streaming network for gaming, announcing it has closed a $26 million Series A financing round. Read more >>

We've narrowed the field down from more than 100 SoCal startups to just nine. Now, we want your thoughts on the most promising and innovative startups to participate in our Startup Pitch Showcase Finale on Wednesday, October 28. Watch the videos, choose your favorite >>

The inaugural dot.LA Summit on October 27th and 28th will feature a selection of disruptive and innovative L.A.-based startups, keynote speakers and panelists. Hear from founder CEOs and C-level executives working in tech, media, entertainment and healthcare. See the growing speaker list and register here!