PayPal’s Dutch rival’s stock doubled post-IPO, and people are calling it a ‘mania’

Paypal’s rival Adyen just saw their valuation double their first day as a public company, and people are already talkin’ bubbles.

Wes Schlagenhauf • June 14, 2018

Back Market raises $48m to fix your phone — and the broken electronics repair industry

As legislation tilts in the favor of consumers’ right to repair their electronic devices, French repair marketplace Back Market leads the pack with a $48m funding round

Conor Grant • June 14, 2018

Things move fast, even if hump-day feels slow. Here are 3 updates you should know:

It’s been a busy week -- here are some updates on some stories that George R.R. Martin could have written.

Conor Grant • June 13, 2018

Seattle repeals a big business tax after a strong-arm from Amazon 

Amazon led a coalition of businesses to overturn a ‘big business’ tax in Seattle that would’ve raised $48m for the homeless.

Wes Schlagenhauf • June 13, 2018

Buffett stops trying to fix failing Sheetrock company’s foundation

Dividends failed to materialize at Berkshire Hathaway’s Sheetrock investment, but Buffett finally managed to dump the company after a rare bit of investment activism.

Conor Grant • June 13, 2018

Gene-editing treatment Crispr gets caught up in cancer scare, sending stocks plummeting

Shares of gene-therapy companies plummeted after a report that editing a cell’s genome with CRISPR/Cas9 technology works best in cells more susceptible to cancer.

Wes Schlagenhauf • June 13, 2018

US podcast ad revenue hit record numbers in 2017

In 2017, the podcast industry hit a record high in earned ad revenue, and experts think it’s only gonna keep growing.

Wes Schlagenhauf • June 12, 2018

Crypto markets lose $42B after a South Korean coin exchange was hacked

The crypto market lost $42B in value after Coinrail was hacked over the weekend.

Wes Schlagenhauf • June 12, 2018

Adaptive Insights pulls an IPO bait-and-switch with a $1.55B sale to Workday

With software companies commanding sky-high buy prices, Adaptive Insights sells to Workday for $1.55B.

Conor Grant • June 12, 2018

IHOb proves marketing hoaxes work better than ever in the age of social media 

To encourage pancake-centric buyers to think beyond breakfast, IHOP launched a burger-focused social media hoax -- and it worked.

Conor Grant • June 12, 2018

Uber wants to patent a system that knows if you’re wasted or not

Uber has reportedly drawn up an idea that would patent a system to let drivers know when their fare is wasted.

Wes Schlagenhauf • June 11, 2018

Thanks to reliable sales of fake dog turds, things are really heating up at Five Below

Five Below, a discount retailer that sells zombie drool to kids, is beating earnings expectations thanks to fad trends.

Conor Grant • June 11, 2018

Holy petaflops: IBM’s new supercomputer is set to take top spot as world’s fastest

For the first time since 2012, a US supercomputer has dethroned China from the top spot as the world’s fastest and smartest.

Wes Schlagenhauf • June 11, 2018

A year after its IPO, Stitch Fix keeps pulling revenue out of the box

Stitch Fix keeps proving the haters wrong a year after its IPO as revenue continues to grow.

Conor Grant • June 11, 2018

With a new e-commerce ticketing feature, Snapchat copies its own copycat

After accusing Instagram of copying its stories for users, Snapchat is now shamelessly copying the ’Grams e-commerce functionality.

Conor Grant • June 8, 2018

Reorg at Ronald’s: McDonald’s looks to eliminate ‘layers’ as it plans corporate job cuts

McDonald’s continues to make corporate cuts as they look to modernize their business model.

Wes Schlagenhauf • June 8, 2018

Starship Technologies takes delivery robots to the streets with $25m in fresh funding

Starship Technologies raises $25m to get more autonomous delivery robots on the streets.

Wes Schlagenhauf • June 8, 2018

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

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