The utilities biz struggles to keep up with the energy demands of blockchain

City utility companies are struggling to keep up with the massive energy consumption that comes with the influx of blockchain mania.

Wes Schlagenhauf • July 2, 2018

Community colleges arise as the new tech incubators thanks to nuts tuition costs

Community colleges are becoming the hot new talent incubators in the world of Big Tech, and it’s working.

Wes Schlagenhauf • July 2, 2018

Domo’s deal with the devil: A desperate IPO reduced the company’s value 77%

Strapped for cash, Domo sold its soul to the IPO overlords, trading a 77% value decrease for some liquidity.

Conor Grant • July 2, 2018

With total ad transparency, Facebook and Twitter block trolls and frustrate brands

In response to criticism about their lack of transparency, both Facebook and Twitter rolled out new ad tools that make it harder to post both fake news and unique ads.

Conor Grant • June 29, 2018

Redbox lands deal with Warner for same day release, because apparently DVDs still matter

Redbox may be the butt of the joke to digital snobs, but their new deal with Warner may leave them with the last laugh.

Wes Schlagenhauf • June 29, 2018

Big fizz energy: LaCroix maker’s shares nosedive 12% after SEC probe

The beverage company that makes LaCroix lost 12% of their stock after news that the SEC was investigating their financial measures bubbled over to the public sector.

Wes Schlagenhauf • June 29, 2018

Amazon deals big pharma a quick $23.5B blow with a $1B acquisition of PillPack

Amazon came onto the pharma scene swingin’ for the fences with the $1B purchase of PillPack.

Conor Grant • June 29, 2018

FirstVet fetches $6m to expand its pet advice telehealth service

FirstVet scores a $6m series A funding round as it looks to disrupt the pet healthcare industry -- but they aren’t the only ones...

Wes Schlagenhauf • June 28, 2018

Thanks to its forward-thinking strategy, a 130-year company is #1 on social media

Thanks to a forward-thinking strategy, National Geographic remains the biggest brand on social media.

Conor Grant • June 28, 2018

Capitalizing on scandal at Uber, $15.1B Lyft raises another $600m for a long ride

After taking advantage of a scandalous year at Uber, Lyft is in a strong position… to continue fighting tooth and nail against Uber.

Conor Grant • June 28, 2018

Faraday Future reveals its new 45% owner, as one of its co-founders exits the vehicle

Faraday Future reveals who towed them out of their massive financial rut amid departure of one of its co-founders

Wes Schlagenhauf • June 28, 2018

From space to… school? Elon Musk’s experimental school is on another planet

Elon Musk has been stealthily funding a school for gifted learners called Ad Astra, and it’s exactly what you think it is.

Conor Grant • June 27, 2018

Holy front-facing camera: Instagram is reportedly worth $100B

According to new reports, Instagram is now worth close to $100B, giving Facebook a much needed shoulder to lean on as their growth stagnates among younger users.

Lindsey Quinn • June 27, 2018

Held hostage by hackers, cities choose among ransom, recovery, and insurance

As cyber criminals continue to extort municipalities for Bitcoin, cities are choosing whether to pay ransoms, risk rebuilds, or buy insurance.

Conor Grant • June 27, 2018

Startups are raking in cash this week and the future is now

Thanks to a strong investment economy, startups with plans to disrupt everything from restaurant work to sleep are flush with recently raised cash.

Conor Grant • June 27, 2018

Behavioral science firm Mind Gym is going public at a $192m valuation

Learning and development company, Mind Gym, announced their plans to go public, and the timing couldn’t be better.

Wes Schlagenhauf • June 26, 2018

The local TV market is consolidating: Gray Television to buy Raycom for $3.65B 

The combined conglomerate will be the 3rd-largest TV station owner in America.

Conor Grant • June 26, 2018

Your ears aren’t ringing, that’s just another IPO bell…

The first half of 2018 has been massive for US IPOs, and this week there are 12 more companies getting ready for the Big Show.

Lindsey Quinn • June 26, 2018

China’s US investments tank due to tariffs — and so does Harley production

As American protectionist tariffs continue to throw global trade out of whack, Chinese banks have freed up more money and Harley-Davidson announced plans to produce abroad.

Conor Grant • June 26, 2018


Lime hits Paris, Bezos hits the suborbital highway, and Apple admits it’s not you, it’s their keyboards. Here’s the news you missed this weekend.

Lindsey Quinn • June 25, 2018

Dating domination: Match is now going steady with ‘classier’ dating app, Hinge

The dating app conglomerate, Match Group, is adding another heavy hitter to its portfolio after acquiring Hinge for an undisclosed amount.

Wes Schlagenhauf • June 22, 2018

Chanel announces $1.79B annual profits, its first such move in 108 years 

To dispel potential buyers and assert their financial independence, luxury brand Chanel released its annual sales numbers for the first time ever -- and they looked great.

Conor Grant • June 22, 2018

Accused of sabotage, ex-Tesla employee cries ‘whistleblower’

Tesla, which was already dealing with production and cash flow problems, is now doing some costly damage control thanks to a rogue employee whistleblower.

Conor Grant • June 22, 2018

Supreme court rules in favor of sales tax on e-commerce sites

After 26 years, the Supreme Court has finally overruled a ban on e-commerce sales tax, freeing up states to make tens of billions of dollars more in revenue.

Wes Schlagenhauf • June 22, 2018

Microsoft employees call to end contract with ICE, and got this memo in response

Amid backlash, Microsoft’s CEO sent a memo to employees ensuring that their contract with ICE is in no way contributing to the White House’s border policies.

Wes Schlagenhauf • June 21, 2018

Mickey makes moves to finalize a $71.3B Fox deal just days after Comcast’s offer

Fox accepted a $71.3B offer from Disney, putting an end to the bidding war -- unless Comcast has a quick counteroffer.

Wes Schlagenhauf • June 21, 2018

CLAP BACK: AMC rolls out its own subscription service to compete with MoviePass

AMC announced their new subscription service that will compete directly with MoviePass.

Wes Schlagenhauf • June 21, 2018

The crown Juul of the vape industry is now worth more than $10B

Juul is dominating the e-cig market by taking a page of Big Tobacco’s playbook and appealing to young smokers.

Conor Grant • June 21, 2018

Costco signs on with coating company that makes produce last twice as long

A food-tech startup called Apeel Sciences has introduced its avocados at Costco locations throughout the American Midwest.

Wes Schlagenhauf • June 20, 2018

Shrugging off data privacy concerns, Facebook adds video ads to Messenger

Despite widespread criticism of Facebook after its recent data privacy scandal, the company has managed to rebound fully enough to add MORE ads.

Conor Grant • June 20, 2018

Join 2.5M+ professionals getting the Hustle daily news brief