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TechCrunch

Insurtech unicorn Lemonade raises IPO range ahead of debut – TechCrunch


Ahead of its expected IPO pricing later today, SoftBank-backed insurtech startup Lemonade has raised its expected price range. After initially targeting $23 to $26 per share in its debut, Lemonade now intends to sell its equity for $26 to $28 per share.

The Exchange is a daily look at startups and the private markets for Extra Crunch subscribers; use code EXCHANGE to get full access and take 25% off your subscription.

The new range boosts Lemonade’s expected value, a boon for insurtech startups like Root, Kin, MetroMile, Hippo and others. Had Lemonade been forced to reduce its pricing, the valuations of its contemporaries could have come under pressure when they went to raise more capital. But with Lemonade noting that the market will bear a higher price for its equity, it’s a good day for startups looking to rebuild insurance products in a digital-first manner. Read More

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Engadget

Boeing successfully tests Starliner’s parachutes ahead of second flight attempt


“Parachutes like clean air flow. They inflate predictably under a wide range of conditions, but in certain ascent aborts, you are deploying these parachutes into more unsteady air where proper inflation becomes less predictable. We wanted to test the inflation characteristics at low dynamic pressure so we can be completely confident in the system we developed.”

In addition, the team added a simulated failure to the test, preventing one of Starliner’s three main parachutes from deploying. The test vehicle still landed safely about about two-and-a-half minutes after the drop despite the less-than-ideal conditions, making the test a success. Boeing will now use the data it collected to boost the Starliner parachutes’ reliability ahead of crewed flights. It will also share the data with NASA for the agency’s own vehicles. Read More

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Mashable

‘Hamilton’ teases fans with a very satisfying new clip ahead of Disney+ release

The filmed original cast performance of Lin-Manuel Miranda’s Hamilton is now only a moment away, due to land on Disney+ on July 3. To tide over eager fans as they wait for it, Disney has just released a sneak peek of Renée Elise Goldsberry’s Angelica Schuyler performing her iconic song “Satisfied.”

The unexpectedly heartbreaking song is one of the musical’s most lauded numbers — which is saying a lot considering the entire production won near universal critical and audience acclaim. The performance of “Satisfied” is a defining moment in Hamilton, so it’s thrilling that so many people will finally get to see it as it was originally staged. Read More

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ZDNet

Going back to the office? Here are five major tech problems that lie ahead of you


IT departments have had a hectic few months. With organizations across the globe switching to remote working overnight, the majority of IT professionals report that their workloads have increased significantly – by as much as 37%, according to recent research. And unfortunately for support desks, this might only be the beginning.

Now countries are gradually exiting lockdowns, and the focus is on a potential return to the office, at least for some employees. That may sound like fewer tickets filed for faulty WFH laptops or video call fails; but in reality, IT teams are bracing themselves for a storm of new issues.  Read More

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The Verge

Canoo founder leaves the EV startup ahead of next year’s launch


The founder and first CEO of EV startup Canoo is leaving, the company has confirmed to The Verge. Stefan Krause, the former chief financial officer at both BMW and Deutsche Bank, is stepping down as chairman after shifting away from the CEO role last year. Krause is leaving ahead of the anticipated launch of his EV startup’s first vehicle, which is slated to happen in 2021.

“Stefan has decided to formally leave his official duties with Canoo in order to pursue other opportunities,” the company said in a statement to The Verge. “We are grateful to Stefan for the invaluable role he played in shaping our young company. Though he’ll always be around, we wish him best of luck in his new endeavors.” Krause declined to comment. Read More

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Engadget

Thrustmaster unveils official Airbus gear ahead of ‘Flight Simulator’ release


In anticipation of Microsoft’s new Flight Simulator, Thrustmaster has unveiled “licensed by Airbus” gear that’s perfect for proper plane geeks. The new brand, TCA or Thrustmaster Civil Aviation, includes a modular sidestick, dual thrust lever throttle with add-on modules, an Officer bundle pack and new metal desk clamp. It’s meant to provide an even more life-like experience for civil aviation simulators like X-Plane 11 and Flight Simulator.

The flagship product is the TCA Sidestick Airbus Edition, a PC joystick and ergonomic replica of the Airbus sidestick (A320/A320neo type, 1:1 scale). The modular design includes 12 remappable buttons. The built-in throttle axis includes a thrust reverser function, a unique feature of real aircraft, and users can rotate the handle to control the rudder. The sidestick will cost $69.99 (£64.99 / €69.99) and be available beginning June 25th. Read More

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The Verge

Apple updates Developer app to add Mac support ahead of online-only WWDC


Apple has released a Mac version of its Apple Developer app, a week before its Worldwide Developers Conference kicks off. Apple initially launched the app in late 2019, but it was only available to iPhone, iPad, and Apple TV users.

Much like the iOS version, the macOS version of the Developer app provides various resources from developer-related news to videos showcasing new features for Apple operating systems. The update also adds a new interface to search for previous WWDC sessions, as well as the ability to download and favorite content you are interested in viewing later. The app is also another option for those to tune in to the upcoming WWDC event, which Apple announced will be online-only this year, with the event set for June 22nd through June 26th. Read More

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Engadget

Roku discounts its streaming devices ahead of Father’s Day


Roku is hoping that you’ll buy a media streaming device for Father’s Day, and it’s running a sale on its players to match. Retailers like Amazon and Best Buy are selling Roku’s lineup significantly below their official prices, and it might be tempting if the fatherly figure in your life could stand a living room upgrade.

Roku Ultra

The steepest discount is for Roku’s flagship media hub, the Ultra (pictured up top). You can find it at Amazon for $80 instead of the normal $100, while Best Buy is carrying it for the same price. The appeal, as you might imagine, is that it does seemingly everything. On top of 4K and HDR playback, you’ll get a voice remote with personal shortcuts, fast channel launching, Ethernet networking, USB (for local playback) and microSD (for channel expansion). Read More