Daily Crunch: Telegram prepares to monetize 28th Dec 2020 | Source: TechCrunch
Telegram will introduce ads, TikTok’s parent company is moving into drug discovery and President Trump continues his battle against Section 230. This is your Daily Crunch for December 23, 2020.
The big story: Telegram prepares to monetize
Telegram founder Pavel Durov said the messaging app will introduce advertising next year on public one-to-many channels. Durov wrote on his Telegram channel the ad platform will be “one that is user-friendly, respects privacy and allows us to cover the costs of server and traffic.”
He also pointed to premium stickers as another way that Telegram could monetize, while emphasizing that existing features will remain free and that he does not support showing ads in private chats.
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DENVER, Dec. 23, 2020 /PRNewswire/ Voyager Space Holdings, Inc. (Voyager), a global leader in space exploration, today announced its intent to acquire a majority stake in XO Markets and its largest subsidiary
Nanoracks. Nanoracks is the world s leading provider of commercial space services, offering low-cost, high-quality solutions to the most pressing needs for satellite deployment and basic and educational research in more than 30 nations worldwide. As part of the transaction, Voyager will be infusing significant growth capital into the business to support the continued growth of Nanoracks utilization of the International Space Station, on behalf of itself and its customers, and the Nanoracks Space Outpost Program for private space platforms.
Voyager Space Holdings to acquire majority stake in commercial space leader Nanoracks
Voyager Space Holdings continues to build up its portfolio of strategic space service offerings with the acquisition of a majority stake in X.O. Markets, the parent company of Nanoracks. Nanoracks has provided commercial space services for years now, and most recently provided the Bishop Airlock that was installed on the International Space Station. Bishop is the first dedicated commercial permanent airlock on the ISS, and will provide a major increase in capabilities in terms of providing access to the orbital platform for private small satellites and research.
Space holding company Voyager to acquire Nanoracks, which added an airlock to the space station CNBC 12/23/2020 Michael Sheetz
Voyager Space Holdings intends to take a majority stake in the parent company of Nanoracks, a space services and hardware specialist that has sent more than 1,000 missions to the International Space Station.
The stake in Nanoracks marks Voyager s fourth deal since its establishment in October 2019. With Voyager, we have a platform that allows us to grow into the entire in-space services infrastructure development, with a financial sophistication and synergy that we just frankly would not have on our own, Nanoracks CEO Jeff Manber told CNBC.
The big story: Telegram prepares to monetize
Telegram founder Pavel Durov said the messaging app will introduce advertising next year on public one-to-many channels. Durov wrote on his Telegram channel the ad platform will be “one that is user-friendly, respects privacy and allows us to cover the costs of server and traffic.”
He also pointed to premium stickers as another way that Telegram could monetize, while emphasizing that existing features will remain free and that he does not support showing ads in private chats.
In addition to discussing the company’s monetization plans, Durov said that Telegram is “approaching” 500 million users.