The Meeker shall inherit the earth

If securities analysts were pop music stars, Mary Meeker would be bigger than Beyonce. Yesterday, the VC and former Wall Street whiz delivered her...
Conor Grant • May 31, 2018

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

Ben and Jerry’s, a company committed to cooling down global warming one scoop of Cherry Garcia at a time, has found a new way...
Lindsey Quinn • May 30, 2018

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

The German drugmaker finally won US antitrust approval for its $66B takeover of Monsanto, to form the world’s biggest seed and agricultural-chemicals producer ever,...
Wes Schlagenhauf • May 30, 2018

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

Yesterday, the Canadian government announced it will buy Kinder Morgan’s Trans Mountain pipeline project for $3.5B, regardless of the opposition from environmentalists and …
Lindsey Quinn • May 30, 2018

De Beers changes their tune, debuts lab-grown diamonds

De Beers, the biggest diamond dealer in the jewelry box, is launching a new company called Lightbox Jewelry to sell lab-grown diamonds. These unnatural gems...
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 — here’s a quick download of the headlines you missed while you...
The Hustle • May 28, 2018

Move over, Mickey: Global media’s new princess, Netflix, tries on Disney’s tiara

Yesterday, newcomer Netflix’s market value soared to $152.6B — making it larger than perennial powerhouse Disney, valued at $151.8B. The two media companies will have...
Conor Grant • May 25, 2018

Internal documents reveal Apple knew the i6 was more likely to bend than previous models

During court filings in an ongoing lawsuit against Apple that alleges touchscreen failure from bending, Judge Lucy Koh revealed internal Apple documents that confirmed...
Conor Grant • May 25, 2018

Dog-sitting app Rover fetches $155m to keep up in the hound-race against Wag

Rover, a dog-walking and dog-boarding service that acquired DogVacay around this time last year, announced a massive $155m financing round. The round consisted of $125m...
Wes Schlagenhauf • May 25, 2018

Yelp’s latest attack in a never-ending antitrust war urges everyone to give Google 0 stars 

  Acting on its enduring claim that Google is a search-results cheater, Yelp renewed an antitrust lawsuit against the big G — and launched a...
Conor Grant • May 25, 2018

Hawaii governor stresses the rest of the island is ‘open for business’ despite eruption

Unless you’ve been living under a volcanic plug, you know that Hawaii Volcanoes National Park, a popular tourist destination, has been closed on the...
Wes Schlagenhauf • May 24, 2018

Death to key cards: Openpath raises $7m so you can unlock your office with your phone

If you’ve ever worked in a secure office, it’s highly likely you’ve lost your key card and been forced to beg the “open-sesame” Gods...
Wes Schlagenhauf • May 24, 2018

Snapchat execs are dropping like flies as Spiegel tries to Snap out of his slump

A VP of engineering at Snap jumped ship earlier this week to work at Tesla — the 10th executive to ghost the social media...
Conor Grant • May 24, 2018

Irish bookie puts money on the future of American gambling with FanDuel purchase 

The Irish online-game bookie Paddy Power Betfair will absorb the $1.2B American fantasy sports site FanDuel — giving it 61% ownership of the resulting...
Conor Grant • May 24, 2018

The New York Stock Exchange president steps down, and now they’re making history 

Yesterday morning, Thomas Farley stepped down as president of the NYSE after 4 years at the helm. Farley has decided to move away from the...
Wes Schlagenhauf • May 23, 2018

Amazon under fire after giving its facial ‘Rekognition’ software to law enforcement

For the past several months, Amazon has given police in Florida and Oregon facial recognition tools for less than $12/month, according to documents obtained...
Conor Grant • May 23, 2018

Google and Apple can’t brew up a mobile-pay platform as hot as the Starbucks app

Caffeine junkies have made Starbucks’ mobile payment platform more popular than competing Apple and Google products, reports eMarketer. Anchored by loyalty programs, the mobile …
Conor Grant • May 23, 2018

Sony buys EMI Music Publishing for $2.3B — but it still doesn’t own ‘Thriller’

Sony has announced a deal to acquire 90% of its publishing competitor EMI Music Publishing for $2.3B. The agreement, still pending regulatory approvals, values EMI...
Wes Schlagenhauf • May 23, 2018

This means war: Banks are going full bunker mode to fight cybercrime

The New York Times reports that, over the past few years, dozens of banks have opened what they call “fusion centers” — windowless, militarized...
Wes Schlagenhauf • May 22, 2018

As profits fall, AstraZeneca shareholders revolt against CEO’s compensation

More than 37% of shareholders at the bio-pharma giant AstraZeneca voted against an $11m pay package for their CEO, Pascal Soriot. After a 46% drop...
Conor Grant • May 22, 2018

GE sells off its rail unit for $11B as it looks to fund a revamp

General Electric has agreed to sell its century-old railroad business to Wabtec for around $11B. According to Axios, GE will receive $2B in cash and...
Wes Schlagenhauf • May 22, 2018

Racing Amazon for JEDI contract, Microsoft gives US intelligence a seat on its cloud

Microsoft just signed a deal to offer a new version of its cloud computing platform, called Azure Government, to 17 US intelligence agencies. This is...
Conor Grant • May 22, 2018

Soup’s out of the can: Campbell CEO announces surprise retirement

  As reported by CNBC, Campbell Soup CEO Denise Morrison retired unexpectedly on Friday morning after 8 years at the company. Morrison, 64, will be replaced...
Wes Schlagenhauf • May 21, 2018

‘Summer of disruption’: TGI Fridays employees in the UK stage walkout over tips

  Employees from two TGI Fridays restaurants in the UK held a 24-hour walkout over a dispute on tips and wages — and according to...
Wes Schlagenhauf • May 21, 2018

PayPal processes its largest transaction yet with $2.2B acquisition of Swedish iZettle

  Payment-processing powerhouse PayPal purchased Swedish mobile payment company iZettle for $2.2B, the largest acquisition in the company’s history. With the purchase of …
Conor Grant • May 21, 2018

Swiss watchmaker destroys $539m of luxury watches to keep them off the wrong wrists

Richemont, the Swiss luxury company that owns Cartier and Montblanc, destroyed $539m of their own watches to prevent them from ending up on non-riche...
Conor Grant • May 21, 2018

Qatar pays to keep DC’s Metro running an hour later for the Capitals hockey game

Totally lost? We’ll catch you up. See, Washington DC’s hockey team, the Capitals, are in the NHL playoffs this week, and last night they played...
Lindsey Quinn • May 18, 2018

Who knew? Apple is reportedly set to station its HQ2 in North Carolina

In January, Apple announced its plan to establish a second headquarters that would employ up to 10k additional people wherever it landed. Now, according to...
Wes Schlagenhauf • May 18, 2018

YouTube rolls out ‘Premium’ music service in an attempt to drown out Spotify

Google is hitting shuffle on its music offerings, replacing its old subscription offering, Youtube Red, with YouTube Music — a new AI-powered music-streaming service...
Conor Grant • May 18, 2018

Bumble Bee CEO is the latest tuna titan caught in the tangled net of fish-fixing

Federal fishermen from the Department of Justice reeled in a fish fit for the trophy case with the indictment of Chris “Catch-of-the-day” Lischewski, CEO...
Conor Grant • May 18, 2018

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