Coinbase puts on Big-Coin pants for the SEC as crypto platforms race toward regulation

Coinbase was the latest crypto company to seek out brokerage licenses in order to avoid heat from the SEC and tap into institutional finance.

Conor Grant • June 8, 2018

Didn’t catch the livestream of Apple’s WWDC? Here’s what you missed

The biggest highlights from Apple’s WWDC18

Wes Schlagenhauf • June 7, 2018

WhatsApp’s co-founders reportedly threw $1.3B away when they deleted their Facebooks

WhatsApp co-founders give new meaning to the word integrity as they collectively gave up $1.3B to get out of their deal with Facebook

Wes Schlagenhauf • June 7, 2018

Social Security cracks open its emergency piggy bank for the first time since ’82

Social Security has to tap into its rainy day fund after recent tax cuts accelerated the program’s death march.

Conor Grant • June 7, 2018

Using patents to strong-arm big tech, Sonos made the smartest speaker in the room

In a bid to pull ahead as the best smart speaker company, Sonos managed to partner with 3 of its competitors’ voice AIs thanks to some prescient patents.

Conor Grant • June 7, 2018

Cracking down on crypto crime, the SEC presses the Szczepanik button

The SEC appointed its first ever full-blown crypto regulator, but she faces an uphill battle to rein in a well-funded and lawless industry.

Conor Grant • June 6, 2018

Patreon has acquired a startup called Kit that will help the ‘talent’ sell their merch

Patreon acquired a merchandising logistics platform to further diversify their offerings and help make their creators more money.

Wes Schlagenhauf • June 6, 2018

Vanilla volatility caused a shortage of ice cream and a surplus of organized crime

A volatile vanilla market has led to problematic increases -- both in organized crime and in ice cream prices

Conor Grant • June 6, 2018

Tencent and Epic Games made almost $300m on Fortnite in April

Fortnite is the world’s most popular game, pulling in nearly $300m in the month of April alone, and it shows no signs of stopping.

Wes Schlagenhauf • June 6, 2018

Tesla has reportedly refunded 23% of US Model 3 pre-orders 

Nearly a quarter of Tesla’s Model 3 deposits in the US have reportedly been refunded, but it might be a blessing in disguise.

Wes Schlagenhauf • June 5, 2018

Starbucks founder Howard Schultz calls it quits on coffee

Howard Schultz, the entrepreneur who created Starbucks as we know it, is stepping away from the coffee business -- and many think he’s stepping into the political arena.

Conor Grant • June 5, 2018

A startup that builds esports infrastructure for high schools scores $15m in funding

PlayVS is an esports infrastructure startup that is looking to organize esports at the high school level, and they just raised $15m to do it.

Wes Schlagenhauf • June 5, 2018

Microsoft pursues developers with $7.5B GitHub buy, but they’re Gitting out fast

To capitalize on GitHub’s active developer community, Microsoft acquired the company for $7.5B -- but developers already want out.

Conor Grant • June 5, 2018

Samsonite CEO packs his bags after report says he faked his resume

Samsonite’s CEO resigns after a report alleges he lied about having a Ph.D. in business administration.

Wes Schlagenhauf • June 4, 2018

Data analytics startup Domo, valued at $2B, files a last-ditch IPO to raise some cash

After burning through all its cash, data analytics startup Domo filed for an IPO in search of some extra dollars.

Conor Grant • June 4, 2018

Lyft nears a deal to buy OG bikeshare company behind GoBike and Citi Bike

Lyft is getting into the bikeshare mix, closing in on a deal to acquire Citi Bike backer Motivate, reportedly valued at $250m.

Wes Schlagenhauf • June 4, 2018

Billionaire brand-whisperer rescues NECCO with $17.3m purchase

After bankrupt Sweetheart-maker NECCO put itself on the auction block, C. Dean Metropoulos came to the rescue, like he has with Twinkies and PBR before it.

Conor Grant • June 4, 2018

After 82 years, Canon sends its film cameras to the Big Dark Room in the Sky

The popularity of smartphones has shrunk the market for cameras, forcing Canon to discontinue its only remaining analog camera.

Conor Grant • June 1, 2018

MoviePass continues to peel back the layers of its ‘grand plan,’ with MoviePass Films

MoviePass has made good on their promise to start their own production company with MoviePass Films.

Wes Schlagenhauf • June 1, 2018

GM ‘Cruises’ to self-driving dominance with another $2.25B in the tank 

In a race against Google to bring the first autonomous vehicles to market, GM’s $2.25B investment from SoftBank could be just the boost Cruise needs.

Conor Grant • June 1, 2018

Trendy outerwear brand Canada Goose flaps its way into China — and a $3.4B market cap

Successful Toronto-based winter coat brand Canada Goose has managed to fly under the radar with a massive market cap. Now they have eyes for 2 new nests in China.

Wes Schlagenhauf • June 1, 2018

Bird is reportedly flapping its electric wings to a $1B valuation

Bird seeks another $150m to become the electric scooter biz’s first unicorn, as the industry continues to saturate major city streets.

Wes Schlagenhauf • May 31, 2018

A Chinese company now holds the power to more than half the world’s lithium supplies

Chinese lithium company now owns a $4B stake in a massive Chilean lithium producer -- but Chile isn’t too pleased with their new business partner.

Wes Schlagenhauf • May 31, 2018

23andMe files a patent infringement lawsuit to chop down Ancestry’s family tree

As the DNA kit market takes off, 23andMe sues Ancestry in an attempt to take down the market leader.

Conor Grant • May 31, 2018

The Meeker shall inherit the earth

Yesterday Mary Meeker, the Nostradamus of the tech industry, made her famous industry forecast in the annual internet trends report.

Conor Grant • May 31, 2018

Ben and Jerry’s serves up a scoop of sustainability with blockchain ‘carbon credits’

Ben and Jerry’s partnered with Poseidon, one of several companies working to use blockchain to combat climate change one token at a time.

Lindsey Quinn • May 30, 2018

The US makes Bayer sell the farm in biggest antitrust sell-off ever

After a two-year antitrust review, Bayer has finally won approval for its $66B takeover of Monsanto -- provided it unloads $9B in agricultural assets.

Wes Schlagenhauf • May 30, 2018

Canada gets some slick new digs, purchases oil pipeline for $3.5B

Trudeau and the Canadian government are set to buy Kinder Morgan’s Trans Mountain oil pipeline and its controversial expansion project for $3.5B.

Lindsey Quinn • May 30, 2018

De Beers changes their tune, debuts lab-grown diamonds

To preserve its market share, old-guard diamond company De Beers is joining the lab-grown gem craze to build a pricing barrier between the science experiments and the real stuff.

Lindsey Quinn • May 30, 2018

The news that was cooking up while you were cooking out

If you’re just tuning in after the long holiday weekend, never fear. From Foxconn to Frappuccinos, here’s a quick download of the headlines you missed while you were chillin’ and grillin’.

The Hustle • May 28, 2018

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