Kid-related content on the internet has gotten weird, and YouTube plans to clean it up

There's a new trend of highly-optimizable YouTube videos aimed at tricking kids into thinking it is something that it’s definitely not.

Wes Schlagenhauf • November 28, 2017

Cities are pulling out some pretty uncool stops to host Amazon’s new HQ2

The desperate courting efforts made by cities across the US and Canada to land Amazon’s new headquarters have gone from charming to straight-up bribery.

Wes Schlagenhauf • November 28, 2017

Time, Inc. bought for $2.8B… with a little help from the Koch brothers

The Kochs claim their $650m Time investment is just a “moneymaker," but skeptics bet they’ll use it as more of a “policymaker.”

Zachary Crockett • November 28, 2017

While you were sleeping: Here’s the news you missed last week

From Musk's $50m bet to a major Macy's malfunction, we're comin’ at you hot with the headlines you missed while you were sleeping off the stuffing.

Lindsey Quinn • November 27, 2017

Your freedom on the internet is under siege: FCC announces plan to repeal net neutrality

Yesterday, Federal Communications Commission chairman Ajit Pai officially announced his intention to repeal existing net neutrality rules.

Zachary Crockett • November 22, 2017

Tinder for toilets? China launches a public bathroom-finding platform

Between soggy TP, bathroom stall graffiti, and that “universal bathroom odor” permeating the pores of commuters everywhere, the one thing we as humans can all agree on is how horrendously sh*tty public restrooms are. On Sunday, in celebration of World Toilet Day (yeah, what?), China released a platform to help tourists and citizens alike find […]

Wes Schlagenhauf • November 22, 2017

Women-only coworking spaces are on the rise: WeWork just dropped $32m on one

WeWork is leading an investment round in a high-end coworking space called The Wing. Its catch: no boys allowed. And other companies are following suit.

Wes Schlagenhauf • November 22, 2017

Uber paid off hackers to cover up a cyberattack exposing 57m people’s data

Dara K. fired Uber's chief security officer after learning the company had bribed hackers $100k to cover up a massive data breach for over a year.

Lindsey Quinn • November 22, 2017

28 days later: It’s been a rough month for media

November’s been a wild ride in the world of publishing, with seemingly no brand spared from the wrath of fickle readers and falling ad revenue.  Programmatic advertising just ain’t what it used to be. And with an increasing cut of digital ad dollars going to platforms like Google and Facebook, if there’s one thing to […]

Lindsey Quinn • November 21, 2017

Tencent just joined the prestigious tech giant $500B club

Tencent is the first Asian company ever to cross a $500B valuation, despite being relatively unknown in the Western hemisphere. But, a little nudge was all it took: yesterday their shares jumped 4.1% on the Hong Kong Stock Exchange, bumping their valuation to about $510B and into the circles of tech royalty. Movin’ on up […]

Wes Schlagenhauf • November 21, 2017

Jack’s grocery games: Alibaba drops almost $3B on Chinese “hypermart”

When Amazon makes a move, you better believe Alibaba is watching — and their $14B acquisition of Whole Foods this summer is no exception. Ma and The Gang continue their supermarket sweep, purchasing 36% of Sun Art Retail Group, a grocer that controls 400 “hypermarts” across the country — and an 8.2% stake in the […]

Lindsey Quinn • November 21, 2017

Hellooo mood-lit boardrooms: SoulCycle co-founder is WeWork’s new brand officer

SoulCycle co-founder Julie Rice just fired up that motivational dance mix, and she’s spinnin’ on over to WeWork as their chief brand officer. After leaving SoulCycle in 2016, Rice will focus on promoting community at the office-leasing powerhouse, an initiative she’s been super effective at in the past. Sounds like a match made in heaven […]

Wes Schlagenhauf • November 21, 2017

Seattle’s income inequality gap is growing

The rainy city has just posted a record high for income inequality that rivals their tech-domination counterpart, San Francisco. Seattle is home to some of the world’s most famed billionaires (a la Bill Gates and Jeff Bezos), and according to the Seattle Times, the top 20% of income earners in Seattle made up 53% of […]

Wes Schlagenhauf • November 20, 2017

The Stitchfix IPO is a huge milestone for women in tech

The personalized shopping subscription service hit the NASDAQ on Friday after raising $120m in its IPO, becoming the first female-founded internet company to go public this year. In fact, this IPO marks the first time a female founder-CEO has taken a consumer internet company public since went on the market almost 4 years ago. […]

Wes Schlagenhauf • November 20, 2017

College football players are worth a ton of money to the schools they play for

Tossing the ol’ pigskin is a big ol’ business for top universities: ticket sales, media rights, branding, video game licensing, and other revenue streams add up to hundreds of millions of dollars per year at certain programs. Given this, how much would players be worth if they were permitted to receive compensation like NFL athletes? […]

Zachary Crockett • November 20, 2017

Facebook is gunning for YouTube’s video influencers

Last week, Facebook announced the upcoming launch of its new Facebook Creator app, designed to assist social media influencers in creating content and reaching a bigger following. It’s Zuck and team’s latest effort to lure creators away from YouTube and onto their own increasingly video-centric platform. The app itself isn’t that big of a deal […]

Zachary Crockett • November 20, 2017

2 for 3 ain’t bad, Airbnb

The hotelier of the future is movin’ on up — but not without a fair share of controversy. This week, the company pumped out 2 big wins and one potentially big loss. Here’s the latest. Win: They doubled their revenue   The cool-kid of home renting companies is continuing their profitability: at $1B, their Q3 […]

Wes Schlagenhauf • November 17, 2017

The days of tax-free Amazon purchases are growing nigh

Earlier this year, Amazon started charging tax on goods from its own inventory in all 45 states that have sales tax. Goods sold by third-party sellers, which make up half of Amazon’s platform, are still largely tax-free — but that could all change soon: under mounting pressure from legislators, many of these merchants are expected […]

Zachary Crockett • November 17, 2017

VW’s going all-in on electric vehicles in China

Volkswagen Group has announced that it intends to launch 15 “new energy vehicles” in China by 2020. The decision, which will also include an $11.8B investment in EV technologies, comes as China edges toward a more environment-friendly future. Get your diesel out of here VW’s been on the wrong side of the news the past […]

Zachary Crockett • November 17, 2017

There’s big business in solving India’s toilet crisis

Sanitation facilities in India are super bad. And because of that, there’s a $62B market for global and local companies to help fix the problem. According to the Toilet Board Coalition (a global consortium of companies, investors, and sanitation experts), the aim is to hire companies to help develop market-based fixes to help India end […]

Wes Schlagenhauf • November 17, 2017

Anthony Levandowski wants to start a futuristic religion… seriously

The former Google/Uber exec notoriously known for self-driving cars says he is dead-serious about starting a groundbreaking religion in the Bay Area — the deity of which will be highly advanced artificial intelligence. Levandowski says the new religion, “Way of the Future,” will focus on “the realization, acceptance, and worship of a Godhead based on […]

Wes Schlagenhauf • November 16, 2017

SendGrid’s IPO crushed it

Yesterday, the cloud-based email delivery service made its New York Stock Exchange debut, raising $131m in its IPO. The company’s success exceeded Wall Street’s expectations, outpacing projections of both share volume (8.2m) and price ($16) — and their shares debuted at 16% above the IPO price. A SendGrid refresher SendGrid was founded in 2009 with […]

Zachary Crockett • November 16, 2017

Kickstarter is kickstarting a new service in order to compete with Patreon

The project-funding platform is releasing their first new product since they launched in 2009: Drip. Similar to the newly successful artist-friendly platform, Patreon, Drip allows creators to connect with backers by allowing them to make recurring payments to their favorite creators as opposed to a specific project. Or as the company explains it, “Kickstarter is […]

Wes Schlagenhauf • November 16, 2017

Cards Against Humanity is the undisputed champion of holiday promotions

The world’s raunchiest card game has purchased a plot of vacant land along the Mexico-US border and has hired an eminent domain lawyer to make it “as time-consuming and expensive as possible” for the Trump administration to build its proposed wall. To fund their effort, CAH offered a package of “six surprises” for $15 — […]

Zachary Crockett • November 16, 2017

The US oil industry just had its biggest boom of the century

Yesterday, the International Energy Agency released a 763-page whopper report detailing the meteoric rise of the United States’ oil and gas industry. Once an “energy-dependant importer,” the US is now among the world’s most prolific oil and gas producers — and within the next few decades, it is expected to churn out more energy resources […]

Zachary Crockett • November 15, 2017

Buffalo Wild Wings gets a hotttttt offer

Last month, private equity firm Roark Capital reportedly offered Buffalo Wild Wings an unsolicited, all-cash bid that would value the company at $2.3B. The hot wings chain, which boasts 1,237 locations in the US, has floundered in the past few years but has shown some glimmerings of promise — and it’s just the type of […]

Zachary Crockett • November 15, 2017

Netflix knows where you’re binging — and it’s not just on your couch

The streaming video company has released some hard numbers showing that people have moved on from only watching Netflix in the privacy of their own homes. After studying user habits and how they have changed, Netflix found 67% of Americans now watch Netflix in public.  And that includes… public toilets The data, sourced from over […]

Wes Schlagenhauf • November 15, 2017

Home Depot sales are way up, thanks to hurricanes

The good ol’ Depot claims that their same-store sales boosted an extra $282m due to hurricane recovery efforts, earning them a total of $25.03B in the third quarter. They reportedly sold “millions” in plywood, generators, and various other tools — and according to a Home Depot earnings press release, the gargantuan construction efforts across the […]

Wes Schlagenhauf • November 15, 2017

Most founders suck at being CEO

Most founders dream of the day they’ll scale to a massive team and — from iteration to big success — retain their throne as CEO. Unfortunately, that kind of thinking isn’t always best for the company: new research shows that, more often than not, companies run by founders are “less productive and more poorly managed” […]

Zachary Crockett • November 14, 2017

Lyft heads to Toronto, making its first push outside the US

Starting in December, Lyft will begin operating in Toronto, marking the ride-hailing service’s first trek onto international roads. Lyft’s US numbers have proven that it’s time for the company to move North of the border. After growing their availability from 54% to 95% of the US population this year, the service is on pace to […]

Wes Schlagenhauf • November 14, 2017

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