There’s no such thing as a free internet

New York-based company Intersection continues to expand their free Wi-Fi kiosks, hedging their bets on an ad-based internet.

Lindsey Quinn • May 16, 2018

Facebook commits tons of resources to content review, but investors have moved on 

Facebook has thrown tons of money at the problem of content policing after recent criticism, but reports indicate that investors and users are already over it.

Conor Grant • May 16, 2018

Hedge fund manager extraordinaire David Tepper buys the Carolina Panthers for $2.2B

The Carolina Panthers have chosen a hot shot hedge fund billionaire to be their new owner.

Wes Schlagenhauf • May 16, 2018

It’s wedding season, kid: People are getting married in barns more than ever 

People are getting married in barns aplenty these days, but does that necessarily mean weddings are more cost-effective?

Wes Schlagenhauf • May 15, 2018

Sports betting is officially legal: Here’s who’s set to cash in

Yesterday, the Supreme Court voted 6-3 to overturn a 20-year federal law and legalize betting on sports. Now states, online betting companies (like DraftKings and FanDuel), and platforms that broadcast games are looking at good odds to capture part of the estimated $150B illegally wagered on sports in the US each year. Let the games […]

Lindsey Quinn • May 15, 2018

Activist investors dismantle Xerox-Fujifilm merger to hold out for an unlikely new buyer 

After months of maneuvering, activist investors Carl Icahn and Darwin Deason succeeded in destroying the $6.1B merger between Xerox and Fujifilm.

Conor Grant • May 15, 2018

Brands are shouting over each other for the #1 spot on your smart speaker

As more and more consumers buy their groceries using smart speakers, brands are struggling to find ways to weasel into Alexa’s good graces.

Conor Grant • May 14, 2018

A toe-to-toe battle: Adidas and Skechers duke it out in the courts

Legal battles between Adidas and Skechers heat up as Skechers sues Adidas for keeping them from the spotlight.

Wes Schlagenhauf • May 14, 2018

Netflix streamed right past Comcast, and Disney is its only competitor — for now

Netflix recently surpassed Comcast in value, and given its rapid growth in the past few years it is on track to take on Disney for the media industry’s crown.

Conor Grant • May 14, 2018

Silicon Valley’s $13B nonprofit takes another hit: Toxic culture costs them 3 executives

On Friday, the New York Times published another expose on the “toxic” culture at the Silicon Valley Community Foundation, a nonprofit that’s quietly grown to $13.5B in assets.

Wes Schlagenhauf • May 14, 2018

Buskreig Bop: German bus company Flixbus to take on Greyhound and Megabus in the US

A successful German company called Flixbus is headed across the Atlantic to challenge American bus companies like Greyhound and Megabus.

Lindsey Quinn • May 11, 2018

Apple teams up with Goldman Sachs for a new Apple Pay credit card

Apple and everyone’s favorite banking giant are launching a new joint credit card that will push the tech juggernaut deeper into people’s bank accounts.

Wes Schlagenhauf • May 11, 2018

Crypto custodians: Inside the world of the premiere offshore crypto bank Xapo

Xapo is a first-of-its-kind Bitcoin bunker, with locations across 5 continents that protect 7% of all Bitcoin.

Wes Schlagenhauf • May 11, 2018

US ban forces ZTE phone production to a halt — and re-energizes Chinese chipmakers

After issuing a ban on US sales to ZTE, the Chinese chipmaker halted all production -- forcing the industry to reorganize as ZTE begs for forgiveness.

Conor Grant • May 11, 2018

Airlines are profiting on your indecisiveness and poor packing skills

Despite rising costs, airlines continue to make a profit by charging a number of fees instead of increasing base ticket prices.

Conor Grant • May 10, 2018

Years of price-gouging ensure there are no competitors to address EpiPen shortage

After dodging numerous attempts at regulation, the company that makes EpiPens has kept its competitors so small that they can’t even address the current supply backlog.

Conor Grant • May 10, 2018

Glassdoor acquired for $1.2B, as people focus on finding their dream job

Glassdoor announced yesterday that Japanese HR company Recruit Holdings will purchase them for $1.2B -- making it one of the largest tech acquisitions of 2018.

Lindsey Quinn • May 10, 2018

Tidal allegedly fudged streaming numbers for Beyoncé and Kanye West albums

Jay-Z’s Tidal is accused of faking subscriber numbers and streams to boost Beyoncé and Kanye West’s numbers for false payouts.

Wes Schlagenhauf • May 10, 2018

Somewhere, a man-bun just died: Robot baristas are coming

Coffee-making robots could soon be coming to a town near you. But they’re not as “futuristic” as they seem.

Wes Schlagenhauf • May 9, 2018

Despite sketchy science, biotech companies are lining up to get into your genes

After the price of gene testing dropped, new companies cropped up to offer more than 75,000 different genetic tests -- and the medical community is struggling to keep up.

Conor Grant • May 9, 2018

Here’s what you missed at Google’s State of the Internet: From John Legend to JOMO

Google rolled out some terrifyingly cool new features in their annual I/O conference -- including the ability to talk to people on the phone as John Legend.

Lindsey Quinn • May 9, 2018

Comcast looks to snipe Fox from Disney as it prepares an all-cash deal

Reuters reports that they’re drumming up $60B in new financing to offer Fox an all-cash deal -- and pull the rug out from under Disney.

Wes Schlagenhauf • May 9, 2018

Fear of ‘looking replaceable’ shrinks employee vacation time — and the economy

Workplace norms prevent many employees from using all of their vacation time -- which costs the economy $255B.

Conor Grant • May 8, 2018

Musk v. Buffett: Candy clash exposes differences in investment philosophy

Opposing philosophies surrounding investment drew billionaires Elon Musk and Warren Buffett into the ring for a childish public back-and-forth.

Conor Grant • May 8, 2018

A $3.6B Indian jewelry chain tripled in size in 6 years — and lost it all in the last few months

PC Jeweller lost $2.8B in a few months -- and, according to them, they have no idea why it happened. What’s really going on here?

Lindsey Quinn • May 8, 2018

2 out of 3 of Spotify’s major record label shareholders cash in their stock for over $1B

Last week, Sony, who easily held the biggest stake in Spotify, sold about half its shares for close to $750m. Then, yesterday, Warner Music Group followed suit.

Wes Schlagenhauf • May 8, 2018

Another reason to be crabby on Monday: Maryland’s shellfish industry going belly-up

The Chesapeake Bay produces 50% of US blue crab, but a crippling labor shortage is leaving almost half of Maryland’s crab businesses high and dry.

Conor Grant • May 7, 2018

Toms shoes is struggling despite Wall Street being its biggest champion

Toms shoes didn’t have enough foresight in the early days of pioneering their “get one, give one” strategy, and now, they’re paying the price.

Wes Schlagenhauf • May 7, 2018

Buffett’s magic touch sends Apple stock to its highest value in history

After Warren Buffett announced a 75m share investment in Apple in the first quarter, the company’s stock hit an all-time high.

Conor Grant • May 7, 2018

Join 2M+ professionals getting the Hustle daily news brief

[class^="wpforms-"]
[class^="wpforms-"]
[email-submission-form button-text="Join Free" include-trends-opt-in="true" success-url="https://thehustle.co/new-thank-you-v2/" default-source="thehustleco" default-medium="home-exit-popup" default-campaign="home-page" form-id="exit-popup-general" optinmonster-conversion="true"]
<script type="text/javascript"> var onloadCallback = function() { grecaptcha.render('verify-your-humanity', { 'sitekey' : '6LdddrcZAAAAALyttpvOqiwQGwq5BNhgDz4tMQGE' }); }; function getCookieValue(a) { var b = document.cookie.match('(^|[^;]+)\\s*' + a + '\\s*=\\s*([^;]+)'); return b ? atob(decodeURIComponent(b.pop())) : ''; } function getCookie(name) { var cookieArr = document.cookie.split(";"); for(var i = 0; i < cookieArr.length; i++) { var cookiePair = cookieArr[i].split("="); if(name == cookiePair[0].trim()) { return decodeURIComponent(cookiePair[1]); } } return null; } function setHiddenFieldValue(wrappingDiv, searchParams, className, utmName, cookieName, defaultValue) { var el = wrappingDiv.getElementsByClassName(className)[0]; var existingVal = el.getAttribute('value'); if (utmName == 'ref') { var newVal = searchParams.get(utmName) || getCookie(cookieName); } else { var newVal = searchParams.get(utmName) || getCookieValue(cookieName); } if ((existingVal == null || existingVal == '' || existingVal == defaultValue) && (newVal != null && newVal != '')) { el.setAttribute('value', newVal); } } function setHiddenFieldValueFromUtm( wrappingDiv, searchParams, className, utmName, defaultValue ) { var el = wrappingDiv.getElementsByClassName(className)[0]; if (el != null) { var existingVal = el.getAttribute("value"); var newVal = searchParams.get(utmName); if (newVal != null && newVal != "") { el.setAttribute("value", newVal); } } } function initForm() { var wrappingDivs = document.getElementsByClassName('email-submission'); Array.prototype.forEach.call(wrappingDivs,wrappingDiv => { var sp = new URLSearchParams(window.location.search); setHiddenFieldValue(wrappingDiv, sp, 'funnel-source', 'utm_source', 'funnel_source', 'thehustleco'); setHiddenFieldValue(wrappingDiv, sp, 'funnel-campaign', 'utm_campaign', 'funnel_campaign', 'home-page'); setHiddenFieldValue(wrappingDiv, sp, 'funnel-medium', 'utm_medium', 'funnel_medium', 'home-exit-popup'); setHiddenFieldValue(wrappingDiv, sp, 'funnel-referral', 'ref', 'funnel_referral', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-a', 'a', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-c', 'c', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-o', 'o', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-oc', 'oc', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-e', 'e', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-f', 'f', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-r', 'r', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-t', 't', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-s1', 's1', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-s2', 's2', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-s3', 's3', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-s4', 's4', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-s5', 's5', ''); var error_message = getCookieValue('validate-email-message'); if (error_message && error_message.trim() != '') { var error = wrappingDiv.getElementsByClassName('funnel-error')[0]; var prev_email = getCookieValue('funnel_email'); error_message = prev_email + " is not valid. Please try again"; error.innerHTML = error_message; error.style = ''; } }); if (false) { initCaptchaFormV2(); } } function initCaptchaFormV2() { var v3RecaptchaResponseEl = document.getElementById('recaptcha-response-v3'); v3RecaptchaResponseEl.parentNode.removeChild(v3RecaptchaResponseEl); var wrappingDiv = document.getElementById('email-submission'); var subForm = wrappingDiv.getElementsByClassName('email-submission')[0]; var captchaVersion = document.createElement('input'); captchaVersion.class = 'g-recaptcha hidden-input'; captchaVersion.type = 'hidden'; captchaVersion.name = 'g-recaptcha-response-v2'; captchaVersion.value = 'true'; subForm.appendChild(captchaVersion); var captchaEl = document.createElement('div'); captchaEl.id = 'verify-your-humanity'; subForm.prepend(captchaEl); var captchaApiScriptEl = document.createElement('script'); captchaApiScriptEl.src = 'https://www.recaptcha.net/recaptcha/api.js?onload=onloadCallback&render=explicit'; captchaApiScriptEl.async = true; captchaApiScriptEl.defer = true; document.head.appendChild(captchaApiScriptEl); } function appendCheckboxes_email_submission() { var wrappingDiv = document.getElementById('email-submission'); var optInDivs = wrappingDiv.querySelectorAll('.trends-opt-in'); optInDivs.forEach(el => { el.style.display = null; if (el.getElementsByClassName('trends-opt-in-checkbox').length < 1) { var checkbox = document.createElement('input'); checkbox.setAttribute('id', 'trends_opt_in_email_submission'); checkbox.setAttribute('class', 'trends-opt-in-checkbox'); checkbox.setAttribute('type', 'checkbox'); checkbox.setAttribute('name', 'trends_opt_in'); var label = document.createElement('label'); label.setAttribute('for', 'trends_opt_in_email_submission'); label.setAttribute('class', 'trends-opt-in-text'); label.textContent = "Yes, I'd like to receive additional emails on hot business opportunities from Trends, by the Hustle"; el.appendChild(checkbox); el.appendChild(label); checkbox.click(); } }) } window.addEventListener('DOMContentLoaded', (event) => { initForm(); if (true) { appendCheckboxes_email_submission(); } }); if(typeof hp_interval == 'undefined') { var hp_interval = 0; var hp_ts = 0; var hp_try = 0; jQuery(document).ready(function ($) { hp_interval = setInterval(function(){ $('input.hp_ts').val(hp_ts); hp_ts += 1; if(hp_ts >= 30) { clearInterval(hp_interval); } },1000); $('.email-submission:not(.prevent-default)').submit(function (e) { var form = $(this); if(hp_ts < 3 && hp_try < 1) { e.preventDefault(); if (form.find('.email-form-submit-message').length < 1) { form.find('.email-form-wrap').after('<p class="email-form-submit-message" style="padding: 0em 1.5em;">Too fast! Are you a human? Try again please.</p>'); } hp_try += 1; hp_ts = 0; $('input.hp_try').val(hp_try); } }); }); } </script> <div class="email-signup" id=email-submission> <div class="funnel-error" style="display:none;"></div> <form class="email-submission " id="exit-popup-general" action="https://cms.thehustle.co/api/v1/contacts/wordpress_create" method="post" autocomplete="email"> <div class="email-form-wrap"> <input class="funnel-source hidden-input" type="hidden" name="source" value="thehustleco"> <input class="funnel-campaign hidden-input" type="hidden" name="campaign" value="home-page"> <input class="funnel-medium hidden-input" type="hidden" name="medium" value="home-exit-popup"> <input class="funnel-form-id hidden-input" type="hidden" name="form-id" value="exit-popup-general"> <input class="funnel-referral hidden-input" type="hidden" name="referral_code"> <input class="funnel-fail-url hidden-input" type="hidden" name="fail_url" value=""> <input class="funnel-a hidden-input" type="hidden" name="a" value=""> <input class="funnel-c hidden-input" type="hidden" name="c" value=""> <input class="funnel-o hidden-input" type="hidden" name="o" value=""> <input class="funnel-oc hidden-input" type="hidden" name="oc" value=""> <input class="funnel-e hidden-input" type="hidden" name="e" value=""> <input class="funnel-f hidden-input" type="hidden" name="f" value=""> <input class="funnel-r hidden-input" type="hidden" name="r" value=""> <input class="funnel-t hidden-input" type="hidden" name="t" value=""> <input class="funnel-s1 hidden-input" type="hidden" name="s1" value=""> <input class="funnel-s2 hidden-input" type="hidden" name="s2" value=""> <input class="funnel-s3 hidden-input" type="hidden" name="s3" value=""> <input class="funnel-s4 hidden-input" type="hidden" name="s4" value=""> <input class="funnel-s5 hidden-input" type="hidden" name="s5" value=""> <input class="funnel-success-url hidden-input" type="hidden" name="success_url" value="https://thehustle.co/new-thank-you-v2/"> <input id="recaptcha-response-v3" class="g-recaptcha hidden-input" type="hidden" name="g-recaptcha-response" value=""> <div class="signup-icon" style="display:none;"> <svg width="24" viewBox="0 0 24 24" fill="none" xmlns="http://www.w3.org/2000/svg"><path d="M22 6c0-1.1-.9-2-2-2H4c-1.1 0-2 .9-2 2v12c0 1.1.9 2 2 2h16c1.1 0 2-.9 2-2V6Zm-2 0-8 5-8-5h16Zm0 12H4V8l8 5 8-5v10Z" fill="#848B92"></path></svg> </div> <input type="hidden" name="hp_ts" class="hp_ts" value="0"> <input type="hidden" name="hp_try" class="hp_try" value="0"> <input type="text" name="first_name" placeholder="Enter your name" value=""> <input class="signup-email" type="email" name="email" placeholder="Your email address" required autocomplete="email"> <input class="email-submit om-trigger-conversion" type="submit" value="Join Free"> </div> <div class="validate-mistake-emails-message" style="display:none;"></div> <div class="trends-opt-in" style="display:none;"></div> <div submit-success> <template type="amp-mustache"> <p class="c-message c-message--success">Thank you for subscribing.</p> </template> </div> <div submit-error> <template type="amp-mustache"> <p class="c-message c-message--failed">Your submission failed. Please try again!</p> </template> </div> </form> </div>