Mergers and acquisitions… three words that bring giant and sometimes not-so-giant corporations together under one huge, carbon-footprint-inducing roof. Here are a few high-profile deals that caught our eye, and one potential behemoth that could rear its head in the near future. Merger: Sanofi acquires its second biotech company this month Yesterday, the French drugmaker agreed […]
Anyone who’s spent an afternoon at the “Genius Bar” or paid top-dollar at an “authorized repair” shop knows the pain of trying to fix a device that’s controlled by Apple — AKA, the maaan. Luckily, 17 states are raging against the difficult-to-repair machine, introducing bills this year to make standard parts and manuals available to […]
Back in November, fitness tracking app Strava published the Global Heatmap — a seemingly cool interactive that used 13 trillion GPS points to show where people were the most active between 2015 and 2017. But the feature came with a “major security oversight:” turns out, soldiers use fitness trackers too — and their movements, which […]
Elon Musk’s “tunneling” startup, The Boring Company, released their flamethrower for pre-order a few days ago — and in approximately 48 hours, they’ve sold $5m worth of fire spitters at $500 a pop. Alright. What the heck’s going on here? Well, it started with some hats… While the Boring Company was created to make holes […]
A recent partnership between BuzzFeed and Chinese giant ByteDance shows that clickbait continues to reel in some big financial fish.
Didi Chuxing puts their major funding year in 2017 to good use, including a big push into AI research.
Google’s new Bulletin app is meant to empower hyperlocal journalists to post social news, prioritizing (in theory) relevant stories over viral, fake news.
The biggest ICO in history is going down, there’s a new player in the exchange ring, and 50 Cent is rich again.
The XFL is back, but there are going to be a few changes... it’s pretty much regular football.
They may not be sexy to you, but Snowflake’s $1.5B valuation is looking preeetty nice to companies looking to store data on the cloud. But, they have some pretty stiff competition...
A year after dropping $25m to acquire Casey Neistat and his video platform, CNN is pulling the plug, citing irreconcilable business differences.
Real estate developers are betting big bucks on planned communities for health enthusiasts that feature on-site farms, wooded trails and ‘free-range’ kids.
Apparently all you gotta do to become a Unicorn these days is to get turned down by Mark Cuban on Shark Tank...
Google ended its Google Lunar XPrize competition because none of the participants are on track to reach the moon by the 2018 deadline.
Agriculture is embracing new algorithm-driven harvesting technologies with robotic arms.
Budweiser rebranded themselves ‘America’ in 2016 -- but they haven’t been the “King of Beers” in almost 20 years
With insane growth in Q4, Netflix is pulling away from their biggest competitors in the on-demand biz.
It’s a “100% at-risk performance award” -- and if Elon manages to hit his goals, he could add as much as $55B to his net worth.
A new report reveals major vulnerabilities on Tinder, which make it easy for a hacker on a shared wifi network to “look over your shoulder” as you swipe.
South Korean kimchi producers are having trouble competing with China’s rock-bottom prices.
Uber Eats just partnered with David Chang’s ‘ghost restaurant’ Ando, as it continues to build out its food delivery infrastructure.
Amazon’s automated convenience store is finally open. Is this the future of shopping or just an expensive pet project?
Hippo is the latest to cash in on the highly lucrative “insurtech” market, and VCs are chomping at the bit to get in the mix.
As it stands, MoviePass buys up nearly 3% of all movie tickets in the US, which seems pretty high compared to their heroically low monthly charge for users.
With quantum encryption, of course. Wanna be able to explain it to your friends at your next dinner party? Read on...
Airbnb removed nearly 5k listings of short-term hosts who failed to pay a $250 fee to register with the city -- 2k of them overnight.
With Subway’s sales plummeting and stores closing, many attribute the dark days to changing trends, bad produce, and some hardcore internal conflict.
Behind every lauded genius, there tends to be a No. 2: A Pippen to Michael, a Woz to Jobs, and, dare we say, a Munger to Buffett. For 40 years, Charlie Munger has served behind the scenes as Warren Buffett’s most trusted business partner. He’s played a pivotal role in managing Berkshire Hathaway’s $178B stock […]
For as long as journalism’s existed, businesses have offered cash payments, gifts, and services in exchange for favorable coverage. (It’s one of the reasons we’ve been working on an ethics guide at The Hustle.) Now, a recent exposé by our friends over at The Outline argues that this trend has turned into a lucrative, bustling […]
The former personal assistant to Goldman Sachs #2 David Solomon now faces federal charges for “borrowing” some really rare wine from his boss. The defendant was arrested for stealing hundreds of bottles of wine, including 7 bottles of highly sought-after vino from the French estate Domaine de la Romanée-Conti. The heist reads like a metaphor […]