Known for savvy buys, Broadcom’s rogue CEO baffles Wall Street with a $19B deal

After making a failed $117B bid for Qualcomm, Broadcom CEO Hock Tan is setting his sights on software with a controversial $19B buy.

Conor Grant • July 13, 2018

Dating app Hinge recruited a Nobel prize winning algorithm to help get you a date

To prevent endless profile browsing, popular dating app Hinge is shifting even more of the matchmaking responsibility to the ’bots.

Conor Grant • July 12, 2018

A former Apple engineer was arrested at the airport while fleeing with trade secrets

An Ex-Apple engineer gets caught while trying to flee to China after allegedly stealing trade secrets from the tech giant.

Wes Schlagenhauf • July 12, 2018

Uber’s HR chief resigned after landing on the wrong side of a complaint, raising questions

After a few (relatively) quiet months, Uber is back in the news for discrimination again after its HR chief resigned after allegations of discrimination.

Wes Schlagenhauf • July 12, 2018

AT&T secures exclusive distribution rights to  Magic Leap’s augmented reality glasses

In the midst of an already gigantic M&A year for AT&T, the company has now signed on to take the leap with unproven augmented reality company Magic Leap.

Wes Schlagenhauf • July 12, 2018

SpotHero outfits 500 autonomous garages to secure a spot in the self-driving future

In anticipation of a self-driving future, popular parking startup SpotHero outfitted 500 garages in the Chicago area with the infrastructure needed to park self-driving cars.

Wes Schlagenhauf • July 11, 2018

Smucker sold off the Pillsbury Doughboy and his baked-goods buddies for just $375m

In response to changing consumer preferences, Smucker sold off its baked goods brands -- including Pillsbury -- to focus on higher-performing categories such as pet food.

Conor Grant • July 11, 2018

A toast to funding rounds: Restaurant management startup raises $115m

Toast raised $115m to get out in front of the burgeoning restaurant services industry, and now they’re valued at $1.4B

Wes Schlagenhauf • July 11, 2018

It begins: Tesla buyers in China are among the first hit in the trade war

Tesla kicks their plans to build Chinese factories into overdrive as their price listings in China skyrocketed 20% amidst the trade war between US and China.

Wes Schlagenhauf • July 11, 2018

$61B worth of gold and valuable components end up in the dump

Thanks to global demand for new gadgets and poor e-recycling programs, billions of dollars of recyclable devices end up in the trash.

Conor Grant • July 10, 2018

Xiaomi oh my: Phone maker’s IPO shot for the moon… and missed

The Chinese phone giant planned to raise enough in the IPO for a $100B valuation, but could only squeeze $54B from investors.

Lindsey Quinn • July 10, 2018

Starbucks hops on the straw ban-wagon

Starbucks announced that it will phase out plastic straws across its 28k locations by 2020. But will it really make a difference?

Lindsey Quinn • July 10, 2018

Mobility mania continues as Uber partners with Lime scooters after a $335m round

The scooter startup Lime scored a big partnership with Uber as the ridesharing giant competes with Lyft across all transportation types.

Conor Grant • July 10, 2018

Yet another study shows that open office plans are terrible

Over the years, a number of studies have found that open plans have detrimental effects on work habits.

Zachary Crockett • July 9, 2018

A rare bright spot in the Alzheimer’s battle sends Biogen’s stock up 23%

US biotech company Biogen stock saw its biggest jump in 7 years after one of its Alzheimer’s drugs in development showed promise in clinical trials.

Lindsey Quinn • July 9, 2018

So much for Kentucky… India is the real whiskey capital of the world

Indian whiskey brand Officer’s Choice has been named the world’s largest-selling whiskey for the fifth straight year.

John Havel • July 9, 2018

China strikes back with $34B worth of tariffs on US goods

In the face of $34B tariffs on Chinese exports, China retaliates with a $34B tariff on US imports. Here’s who will be affected and when.

Lindsey Quinn • July 9, 2018

AAA is hiring travel agents to bring a ‘human touch’ back to booking trips

AAA is one of the largest (and oldest) travel agencies in the US — and they’re going up against a self-empowered generation of internet bookers.

Zachary Crockett • July 6, 2018

Et tu, TV? A new channel opens in the data collection arms race

A new wave of startups are figuring out ways to track what you watch on TV and serve targeted ads on other devices.

John Havel • July 6, 2018

The Postal Service owes $3.5m for using a fake Statue of Liberty on stamps

The USPS must pay the sculptor of the Statue of Liberty replica in Las Vegas $3.5m after they mistakenly used a photo of the replica on their “forever” stamp.

Lindsey Quinn • July 6, 2018

WhatsApp hops on the white horse, becomes a key facilitator in the heroin trade

Thanks to its unrivaled encrypted messaging, WhatsApp is democratizing the dope trade in one of the world’s largest hubs for heroin.

Lindsey Quinn • July 6, 2018

Startups navigate foreign waters in the yacht sharing industry

Yacht-sharing startups are already seeing profitability, thanks to a ton of unused poop decks sitting in port.

Wes Schlagenhauf • July 5, 2018

Tech-savvy Estonia wants you to know it has 1.3m people — and 4 unicorns

After adopting a number of policies to encourage tech development in the ’90’s, Estonia has emerged as a surprising tech powerhouse -- and it’s not shy about announcing it.

Conor Grant • July 5, 2018

Thy Kingdom come: Lebron James shoots for $1B net worth

Lebron James’ deal with the Lakers plants him firmly on the path to become the next NBA billionaire.

Wes Schlagenhauf • July 5, 2018

Chump change: US mints lost $69m on pennies last year

The cost of metal has made it more trouble than it’s worth to mint pennies and nickels -- but Americans don’t want to let go of little Lincoln.

Conor Grant • July 5, 2018

Brick-and-mortar tracking company Trax raises $125m

Warburg Pincus-backed retail digitizing platform raises $125m in pre-IPO funding

Wes Schlagenhauf • July 3, 2018

After a 5-year private reboot, Dell is coming back to the public market

After going private to reorganize internally, Dell returns to the public market with a new outfit.

Conor Grant • July 3, 2018

In India, Eros keeps Netflix at bay with many movies and even more movie-watchers

An old Indian movie-production studio has remained surprisingly competitive with multinational movie-streaming powerhouses, and now it’s gearing up for a showdown.

Conor Grant • July 3, 2018

Tokyo-based media company buys Quartz from the Atlantic for as much as $110m 

Business and tech news media organization, Quartz, has sold to Tokyo-based media giant, Uzabase, and, unlike many of those who have sold recently, they like their price point.

Wes Schlagenhauf • July 3, 2018

Airbnb throws employees a bone to hold them over until a 2020 IPO

Airbnb has delayed its IPO so long that employees are starting to get angry, prompting the launch of a new cash bonus program and the promise of a 2020 IPO.

Conor Grant • July 2, 2018

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