Daily Authority: SpaceX Starship explodes, Bezos, and more

Andreas Milano

⏳ Good morning! First, hello as always. Second, yesterday’s newsletter was longer than normal and while there’s always room to offer more insight, the MO here is short, sharp, and informative! I’ll toe that line as best I can… now, to the news!

SN9 = RUD

Following FAA approval (and FAA explanations as to why earlier attempts were held up) SpaceX’s ninth Starship test vehicle, Starship SN9, and its three Raptor engines, did everything* right in a test yesterday: 

  • We saw a successful liftoff from Boca Chica in Texas,
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Are Mid-Cap SaaS Stocks Still Attractive?

Andreas Milano

Software as a Service (SaaS) stocks were among the biggest winners post the Covid-19 stock market crash in March 2020 and it’s likely that the sector will remain in favor even after the pandemic ends, given the increasing digitization of business and a continued shift to distributed enterprises. Our theme on Mid-Cap SaaS Stocks includes software players that have shown strong revenue growth and consistent margin expansion and are

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‘Our education lifeline’: U.S. battle over broadband heats up

Andreas Milano

(Thomson Reuters Foundation) – In January Ellie Mitchell started getting a barrage of texts and emails from her internet service provider, warning her she was running out of data.

“The messages kept coming: ‘You’ve used 75%, 80%, 90%…’” Mitchell, director of youth nonprofit Maryland Out of School Time Network, told the Thomson Reuters Foundation in a phone interview.

“It felt like we were being held hostage,” said Mitchell, who was working from home in Baltimore, Maryland alongside her husband and their two children attending school online.

Comcast Corp, one of the largest internet providers in the United States, announced in

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Google settles with Labor Department over alleged hiring and pay discrimination

Andreas Milano

The settlement includes back pay and interest to thousands of female engineers.


Stephen Shankland/CNET

Google will pay almost $2.6 million to settle claims of “systemic compensation and hiring discrimination” at offices in California and Washington, the US Department of Labor said Monday. 

The department said it found pay disparities that affected Google female engineering employees, as well as female and Asian job applicants. As part of the settlement, Google will provide $1.3 million in back pay and interest to almost 2,600 female engineers, and $1.2 million to almost 3,000 applicants who weren’t hired. 

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Amazon CEO Jeff Bezos may step down without stepping away

Andreas Milano

Bezos, 57, has never let Amazon rest on its laurels. In the last year alone, it bought a company developing self-driving taxis; launched an online pharmacy selling inhalers and insulin; and won government approval to put more than 3,200 satellites into space to beam internet service to Earth.

Long-time Amazon executive Andy Jassy will be the new CEO, but Bezos will be the company’s executive chairman — corporatespeak for board leaders who, unlike most, stay involved in key operational decisions. Think Robert Iger at Disney, Howard Schultz at Starbucks, or Eric Schmidt at Google after handing off the reins a

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We Enter 2021 On The Cusp Of End-To-End Supply Chain Visibility

Andreas Milano

Matt is the Founder and Chief Executive Officer of FourKites, the world’s largest supply chain visibility platform.

“Obviously, you should have an idea of what’s out there and what could happen, and a sense of the probabilities. But we also really think companies should be not just focusing on the scary event—the hurricane, the cyberattack, the pandemic, whatever it is—but really focus on their vulnerabilities. What do you control? Where are you single sourced? Where do you not have visibility in your supply chain that you should? And focusing on those. If you try to predict what the

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