Snap shares soared after CEO Evan Spiegel touted the company's highest Q3 growth rate since 2017. The outspoken executive used Tuesday's earnings call to highlight the social media platform's efforts to engage users "following the murders of George Floyd, Ahmaud Arbery and Breonna Taylor."

The upbeat earnings report sent its stock soaring 20% in after-hours trading.

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Techstars Starburst Space Accelerator's latest class announced partnerships with NASA's Jet Propulsion Laboratory, Maxar Technologies and Israel Aerospace Industries (IAI) North America, among others, at Wednesday's long-awaited showcase. It was the culmination of months of focused and sometimes grueling remote work.

The program aims to help companies achieve several years of commercial growth within three months, with mentorship from the accelerator's partners, including the U.S. Air Force, NASA Jet Propulsion Laboratory (JPL), Lockheed Martin, Israel Aerospace Industries North American (IAI), SAIC and Maxar Technology.

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  • The pandemic has given Fabric an opening to grow as it promotes virtual hangouts
  • Fabric is targeting sports teams and other businesses trying to build community

The coronavirus ended weekend parties and random gatherings. Fabric's augmented reality social app wants to revive them with virtual hangouts.

The L.A.-based augmented reality startup has raised $1 million to connect users that are in the same neighborhood or building through their app, allowing them to share an approximate location and what they are seeing.

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