Munchery closes after raising $125m, citing rotten revenue numbers

The 8-year-old meal kit delivery startup announced it will close after years of financial struggles in a highly saturated market.
Wes Schlagenhauf • January 23, 2019

The Pill Club raises $51m to eliminate ‘contraceptive deserts’ 

A birth control delivery startup called The Pill Club raised $51m to expand its prescription-based services across the country.
Conor Grant • January 23, 2019

TomTom sold its telematics business for $1B to focus on out-mapping Google

The Dutch location-mapping company TomTom sold its fleet management business for $1B to focus on competing with Google and Here in in-car mapping.
Conor Grant • January 23, 2019

Two heads are better than one: Yesterday’s biggest partnerships 

In the spirit of market domination, industry behemoths like Apple, Starbucks and Toyota have inked some high-profile partnerships in hopes of taking over their...
Wes Schlagenhauf • January 23, 2019

SoftBank invests around $1B in ParkJockey, a tiny parking startup that operates in 4 cities

A tiny Miami-based startup called ParkJockey raised between $800m and $1B from SoftBank, reports Axios.  It’s a confusingly large investment in a company that...
Conor Grant • December 4, 2018

Nexstar acquires Tribune Media for a whopping $4.1B

Nexstar Media Group announced Monday it will buy Tribune’s 42 television stations and more in an all-cash, $4.1B deal. Still awaiting approval, the deal...
Wes Schlagenhauf • December 4, 2018

Rolls-Royce made the world’s first autonomous boat (no, not that Rolls-Royce)

Rolls-Royce tested the world’s first autonomous ferry boat in Finland yesterday.  It’s good news for Rolls-Royce the boatmaker and Rolls-Royce the carmaker. The twin...
Wes Schlagenhauf • December 4, 2018

To curb crypto fraud, the SEC made examples out of DJ Khaled and Floyd Mayweather

The federal government charged DJ Khaled and Floyd Mayweather for illegally promoting cryptocurrencies without disclosing their compensation.  The Snapchat-superstar DJ and the Instagram-active boxer...
Conor Grant • December 3, 2018

US charges British billionaire with fraud for his $11.1B HP deal, the latest in a 7-year saga 

The US government charged British tech entrepreneur Mike Lynch with fraud related to the 2011 sale of his company, Autonomy, to HP. Less than...
Conor Grant • December 3, 2018

SoftBank filed for a $21B IPO; no need for a price range

SoftBank Group filed for an IPO set to drop next month worth 2.4Tn yen ($21.16B), the second highest IPO ever. Alibaba Group still holds...
Wes Schlagenhauf • December 3, 2018

Richard Branson is confident Virgin Galactic will have astronauts in suborbit by Christmas

Last week, Richard Branson made a bold claim, telling CNBC he is “pretty confident” that Virgin Galactic will have astronauts in (sub)orbit before Santa’s...
Wes Schlagenhauf • December 3, 2018

Payless deserves a Pulitzer

Payless ShoeSource tricked influencers into spending 10x for their discounted shoes, and we all get to watch it unfold. The Hustle Sponsored by Tricking influencers into spending $640 on $35 shoes is the PR stunt 2018 deserves Payless ShoeSource made a fake luxury brand and tricked fashion influencers into spending $640 for their discount kicks […]

Wes Schlagenhauf • November 30, 2018

Airbnb launches a new division that will begin testing its own prototype homes by 2019

Fast Company reports that Airbnb will begin building its own prototype homes as soon as next year to accommodate the needs of people who...
Wes Schlagenhauf • November 30, 2018

Roam raises $12m to build bionic suits for the people who really need them — tired skiers

Roam, a Silicon Valley robotic exoskeleton company that makes super-suits to help hardcore skiers stay on the slopes longer just raised a $12m Series...
Conor Grant • November 30, 2018

Microsoft wins $480m bid to supply the US Army with its AR headsets

I love the smell of AR in the morning.  Yesterday, Microsoft won a 2-year, $480m military contract with the US government to add its...
Wes Schlagenhauf • November 30, 2018

Tricking influencers into spending $640 on $35 shoes is the PR stunt 2018 deserves

Payless ShoeSource made a fake luxury brand and tricked fashion influencers into spending $640 for their discount kicks — an 1,800% markup on shoes...
Conor Grant • November 30, 2018

Avast, suburb-lubbers! Pirates off the starboard porch 

The age of e-commerce has delivered an unexpected new holiday tradition: Porch piracy. According to dramatic reports from across the country, retail raiders take...
Conor Grant • November 29, 2018

Bird will allow entrepreneurs to manage their own fleet of Bird scooters

Corporate scooter gangs unite! Bird has a new “trickle down entrepreneurship” business model. Bird announced yesterday it will sell its electric scooters to entrepreneurs...
Wes Schlagenhauf • November 29, 2018

Audi and other impatient businesses are taking 5G’s future into their own hands

Some of the world’s fastest-moving companies are sick of waiting for 5G networks to go live — so they’re building their own, according to...
Conor Grant • November 29, 2018

Google workers petitioned the tech giant to end yet another problematic partnership

Back in August, leaked documents surfaced regarding Google’s plans to build a censored version of its search engine for the Chinese market. According to...
Wes Schlagenhauf • November 29, 2018

So, like Go90 for grandparents?

Fox news launched a new streaming app titled ‘Fox Nation’ yesterday in its quest to ‘youth’ up its aging audience. The Hustle Sponsored by Fox Nation is a streaming service for Fox fanatics, but it won’t out-stream Netflix Yesterday, Fox News launched a subscription streaming service called Fox Nation designed to deliver hundreds of hours […]

Wes Schlagenhauf • November 28, 2018

This $125m pig poop partnership plans to save the climate one turd at a time

The world’s largest pork producer, Smithfield Foods, partnered with utility company Dominion Energy to launch a 10-year, $250m poop project that will harness methane...
Conor Grant • November 28, 2018

Apple unveils app development camp the same day it appeals its app-based antitrust suit

On Monday, the company unveiled its new Entrepreneur Camp that will create an intensive coding lab, specialized in support and ongoing mentoring for female...
Wes Schlagenhauf • November 28, 2018

Fox Nation is a streaming service for Fox fanatics, but it won’t out-stream Netflix

Yesterday, Fox News launched a subscription streaming service called Fox Nation designed to deliver hundreds of hours of exclusive extra content to Fox superfans...
Conor Grant • November 28, 2018

A Vietnamese ed-tech startup called Topica raised $50m

Topica, one of the seasoned veterans of Vietnam’s burgeoning startup ecosystem, has closed a $50m Series D, making it one of the largest funding...
Wes Schlagenhauf • November 28, 2018

China is done with GPS

China launched 2 new satellites into its new Beidou satellite network as part of a $9B plan to replace GPS. The Hustle Sponsored by China’s $9B GPS replacement is 2 small steps closer to global coverage China launched 2 new satellites into its Beidou satellite navigation network last week, part of a $9B plan to […]

Wes Schlagenhauf • November 27, 2018

Atari is back and profitable thanks to RollerCoaster Tycoon

Atari dominated arcades and home computers alike through the ’70s and ’80s with classics like Pong, Centipede, and the hilariously horrendous E.T. The Video...
Wes Schlagenhauf • November 27, 2018

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