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...creator of the Doom and Quake games, is test-firing rockets for the next generation of spaceliners and lunar landers near Dallas. In California, Jim Benson, founder of Compusearch, is developing a space taxi with a motor that runs on rubber and laughing gas. (Don't laugh. It works.) PayPal co-founder Elon Musk, who has a NASA contract to build a robotic Pony Express to the International Space Station (ISS), is pouring his own millions into a ship for galactic travelers at his factory south of Los Angeles. Robert Bigelow, founder of Budget Suites of America, already...
...liked the sound of that, so when I heard that Ghetto Gourmet was coming to Los Angeles, I prepaid my $50 (via PayPal) and started salivating. The night before the event, the location was e-mailed: the courtyard of a Koreatown apartment building. I was told to bring my own wine and a pillow to sit on. Since Ghetto Gourmet events aren't advertised or listed anywhere, you have to hear about them from friends. All this is partly to make it seem more exciting and partly because running a restaurant out of a house isn't particularly legal...
...yelp, on the other hand, founder Jeremy Stoppelman's dog Darwin romps freely around the cubicleless San Francisco office. Like YouTube, Yelp.com was started by two former PayPal whizzes in their 20s. Last month 1.5 million people visited their fledgling site to share information about local businesses in 25 major cities. Volunteer reviewers, or Yelpers, read and write about restaurants, stores and services. Yelp's founders say they were inspired by their frustration in trying to find good doctor recommendations online. Their idea was to improve on existing tools like Citysearch, which Yelp's founders call...
President Bush is expected to sign a bill banning the use of any U.S. credit-card or payment system (such as PayPal) to bet online. A ban could devastate the $12 billion Net gaming industry...
After scoring a $13 million cash infusion from venture firm Accel Partners last May, the ubiquitous college and high school social networking website received a combined total of $25 million last week from Greylock Partners, Meritech Capital Partners, and investor Peter Thiel, the co-founder of PayPal...