‘Neo-banks’ have already raised 4x as much as they did in all of 2017

The New York Times reports that “neo-banks,” AKA mobile, fee-free banking services, are “finally having their moment.” As VCs continue to pour money into fintech,...
Wes Schlagenhauf • November 27, 2018

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 eliminate Chinese dependence on US-owned...
Conor Grant • November 27, 2018

GM fires 14k workers it no longer needs so it can finance its self-driving operations

Yesterday, General Motors announced plans to lay off 14k workers, close 5 facilities, and discontinue several sedan models in order to prioritize electric and...
Conor Grant • November 27, 2018

We're back babayy

We’ve given thanks. Now, it’s back to the grind. Here’s a rundown of headlines you probably missed whilst shoving your face full of stuffing. The Hustle Sponsored by Gobble diem: the headlines you missed over the holiday It’s the first Monday back from the long turkey nap, and we’re here to cut through the brain […]

Wes Schlagenhauf • November 26, 2018

Gobble diem: the headlines you missed over the holiday

It’s the first Monday back from the long turkey nap, and we’re here to cut through the brain grease with a quick-hit news rundown. Chug...
Lindsey Quinn • November 26, 2018

No bad blood, right?

Taylor Swift is leaving the Nashville-based label that ‘discovered’ her — for one of the biggest artist deals in history. The Hustle Sponsored by Taylor Swift’s new record deal sounds so good even her rivals will sing along Taylor Swift is leaving Big Machine Records — the Nashville-based label that “discovered” her when she was […]

Wes Schlagenhauf • November 21, 2018

Series-Bee: Meet the startups trying to save America’s ailing bee population

Look, we know you’ve been pissed at bees ever since one stung you at your 4th-grade birthday party in front of your crush, swelling...
Zachary Crockett • November 21, 2018

Monroe, Ohio, will be the home to America’s first robo-warehouse

A tiny Cincinnati suburb will be the site of Kroger’s first fully automated warehouse, thanks to a $55m partnership with UK-based robotic fulfillment company...
Conor Grant • November 21, 2018

The banking industry now makes up over 40% of Warren Buffett’s portfolio

Berkshire Hathaway reported its Q3 holdings last week, and it looks like Warren Buffett’s laughing all the way to the bank: Half of Warren...
Lindsey Quinn • November 21, 2018

Taylor Swift’s new record deal sounds so good even her rivals will sing along 

Taylor Swift is leaving Big Machine Records — the Nashville-based label that “discovered” her when she was 14 — to ink one of the...
Conor Grant • November 21, 2018
nissan ghosn

If I had a nickel for every $44m I ‘misplaced’…

Carlos Ghosn, Chairman of Nissan, Mitsubishi, and CEO of Renault, was arrested by Japanese authorities yesterday for grossly underreporting his compensation. The Hustle Nissan’s chairman was arrested, and now his auto-cratic empire could crumble Carlos Ghosn, Nissan chairman and emperor among plebes in the auto industry, was arrested by Japanese authorities yesterday for underreporting his […]

Lindsey Quinn • November 20, 2018

The company Airbnb is using to help nomadic tribes host guests

Finding an Airbnb in an unfamiliar place can be challenging — especially when your rental is hosted by nomadic reindeer herders in Mongolia. But a...
Zachary Crockett • November 20, 2018

Wonolo raises $32m to help big companies find good ol’ gig workers

Wonolo, a startup that helps large companies find temporary contract workers, raised $32m to keep up with its growing business (on top of the...
Conor Grant • November 20, 2018

Photo editing startup raises $60m to help us turn our faces into smooth, featureless eggs

Lightricks, the app developers behind photo editing apps like Enlight and Facetune, has raised a massive $60m round to help us blur acne out...
Lindsey Quinn • November 20, 2018
nissan ghosn

Nissan’s chairman was arrested, and now his auto-cratic empire could crumble

Carlos Ghosn, Nissan chairman and emperor among plebes in the auto industry, was arrested by Japanese authorities yesterday for underreporting his compensation by $44m. Oh,...
Conor Grant • November 20, 2018

Like 'Storm Stories' on steroids

The Weather Channel just rolled out mixed-reality weather forecasting for the NFL. The Hustle Sponsored by Everyone’s talking about the Weather (Channel)’s hardcore mixed reality reporting Well, this wasn’t in the forecast: The Weather Channel matters again thanks to pulse-quickening, immersive mixed reality reporting that covers everything from disasters to college football. Under new ownership […]

Lindsey Quinn • November 19, 2018

Beyond Meat files for an IPO hoping to become the biggest beefless burger maker 

Beyond Meat, a meat-substitute company that makes meatless protein products including “Beyond Burgers,” filed for an IPO with plans to raise $100m. As more consumers...
Conor Grant • November 19, 2018

Out with the old: BlackBerry looks to buy cybersecurity firm Cylance for $1.4B

BlackBerry will acquire Cylance, an artificial intelligence and cybersecurity company, for $1.4B in cash as it looks to make software for the ‘internet-of-things’ era....
Wes Schlagenhauf • November 19, 2018

Schwan’s Co. will sell to the largest food manufacturer in South Korea

Schwan’s, a Minnesota-based food distributor known for its delicious pies and its gold home-delivery trucks, has been sold to Seoul-based CJ CheilJedang — South...
Conor Grant • November 19, 2018

Everyone’s talking about the Weather (Channel)’s hardcore mixed reality reporting

Well, this wasn’t in the forecast: The Weather Channel matters again thanks to pulse-quickening, immersive mixed reality reporting that covers everything from disasters to...
Conor Grant • November 19, 2018

Hug your cigs tonight

The FDA moves to ban menthol cigarettes after originally threatening to hit flavored e-cigs where it hurts. The Hustle Sponsored by The FDA moves to ban menthol cigarettes instead of flavored e-cigarettes A threat to ban flavored e-cigs fizzled after the FDA decided to allow stores to continue selling vape juice, but only from closed-off […]

Wes Schlagenhauf • November 16, 2018

‘Low-code’ coding platform Airtable’s valuation increased 8x in 8 months

Airtable, a coding platform for people who can’t code, raised a $100m Series C at a $1.1B valuation. After 3 years of what seemed...
Conor Grant • November 16, 2018

Will people still buy luxury goods without their brand names? Italic hopes so

Some people buy Gucci bags so they can tell people they buy Gucci bags. But Italic, a luxury goods startup, is betting that some...
Conor Grant • November 16, 2018

Forever in blue jeans: Levi’s preps an IPO at a $5B valuation

Sweet jeans! CNBC reports that Levi Strauss is preparing an IPO that could raise between $600m and $800m at a valuation of around $5B. And...
Wes Schlagenhauf • November 16, 2018

The FDA moves to ban menthol cigarettes instead of flavored e-cigarettes

A threat to ban flavored e-cigs fizzled after the FDA decided to allow stores to continue selling vape juice, but only from closed-off areas...
Wes Schlagenhauf • November 16, 2018

Tulsa wants you

Tulsa now offers ‘digital nomads’ a chance to earn $10k just to move there, but is it worth it? The Hustle Can small cities like Tulsa pay ‘digital nomads’ to put down roots? The city of Tulsa just launched a program offering remote workers $10k and several sweet perks to move to Oklahoma’s most happening […]

Wes Schlagenhauf • November 15, 2018

Lime will drop its first carsharing service on Seattle street corners this week

Lime has already dropped its bike and scooter rentals in 88 locations, 27 US states and 17 cities in 10 other countries, and now,...
Wes Schlagenhauf • November 15, 2018

ServiceTitan raises $165m to end bummers for all the plumbers

ServiceTitan, a startup that makes software for home service providers like air-conditioner installers, just sealed the deal on a $165m Series D. The 2 co-founders...
Conor Grant • November 15, 2018

Can you keep a secret? Victoria’s Secret’s stock has plummeted in the last 3 years

The secret is out: The glory days of Victoria’s Secret’s bra and underwear monopoly has all but disappeared amid the rise of new direct-to-consumer...
Wes Schlagenhauf • November 15, 2018

Can small cities like Tulsa pay ‘digital nomads’ to put down roots?

The city of Tulsa just launched a program offering remote workers $10k and several sweet perks to move to Oklahoma’s most happening town.  From Vermont...
Conor Grant • November 15, 2018

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