The future begins (in December)

The future of self-driving technology is scheduled to hit Arizona this December, and Waymo is the one (NOT) in the driver’s seat. The Hustle The age of autonomy starts this December, with Waymo at the wheel After 9 years of secretive R&D and more than 10m miles of testing, Google’s self-driving car subsidiary Waymo will […]

Wes Schlagenhauf • November 14, 2018

To hang on to eyeballs, Facebook wants to match users with jobs (and partners)

Facebook is expanding its tools for job posting in an attempt to insulate itself from slackening growth.

Conor Grant • November 14, 2018

Sweetgreen raises $200m to pursue blockchain salad bars

Sweetgreen just became a unicorn after raising $200m, as it looks to dabble in Blockchain and double down on its delivery game.

Wes Schlagenhauf • November 14, 2018

The business of self-care: Meditation app Simple Habit raised a $10m Series A

The wellness industry is taking off, with companies like Simple Habit and Calm looking to branch out, as well as some interesting new business models.

Wes Schlagenhauf • November 14, 2018

The age of autonomy starts this December, with Waymo at the wheel

After years of hype, the self-driving future is scheduled to arrive this December in Phoenix -- with Waymo at the wheel of the industry.

Conor Grant • November 14, 2018

Look, ma, we're billionaires

SAP agrees to acquire Qualtrics for $8B, mere days before the survey and research software firm was set to hit NASDAQ. The Hustle Survey company Qualtrics was acquired by SAP for $8B, days before hitting NASDAQ One day you’re gearing up to hit Wall Street, the next you’re selling for $8B in tickle cash — […]

Wes Schlagenhauf • November 13, 2018

As America’s soy stockpile bursts at the beans, growers take a gutsy gamble

American soy farmers are saving their soybeans in the hopes that prices will soon rise -- but the ongoing trade war makes their bean bet a risky gamble.

Conor Grant • November 13, 2018

As funding rounds grow larger, fewer startups are able to raise money

The rise of mega-funds has increased the overall amount of funding available to startups, but decreased the number of startups that actually raise money.

Conor Grant • November 13, 2018

Clearing out the well: The world’s largest liquor company is selling its bottom shelf

Diageo, the world’s largest alcohol distiller has decided to sell 19 of its bottom shelf brands, because US consumers are only drinking the good stuff these days.

Wes Schlagenhauf • November 13, 2018

Survey company Qualtrics was acquired by SAP for $8B, days before hitting NASDAQ

SAP agrees to acquire research and survey software company, Qualtrics, for $8B mere days before the firm was set to hit NASDAQ.

Wes Schlagenhauf • November 13, 2018

Party of 1

Alibaba broke its own single-day e-commerce sales record during Singles’ day, despite slowing growth and trade war tensions. The Hustle Alibaba broke its Singles’ Day sales record, selling $30.8B despite its trade-war slump Yesterday, Alibaba sold $30.8B of goods in its 10th annual Singles’ Day, breaking its own record for the highest sales in a […]

Wes Schlagenhauf • November 12, 2018

Alibaba broke its Singles’ Day sales record, selling $30.8B despite its trade-war slump

Alibaba broke its own single-day ecommerce record during its Singles’ Day yesterday despite slowing growth and trade war tensions.

Conor Grant • November 12, 2018

Takeda set to win approval from the EU to acquire Shire

According to reports, Takeda is set to win conditional approval from the EU to acquire Shire PLC for a whopping $62B.

Wes Schlagenhauf • November 12, 2018

Greece’s economy has dried up — and it’s great for saffron sales

The saffron industry in northern Greece is growing rapidly even as the rest of the economy continues to shrink.

Conor Grant • November 12, 2018

Sir David Attenborough leaves the BBC to Netflix and binge

As Netflix looks to batten down the hatches in anticipation of Disney+, the company announced iconic host sir David Attenborough will be voicing a new 8-part original series.

Wes Schlagenhauf • November 12, 2018

Taking the 'fun' out of 'fungi'

Compass Pathways is hellbent on bringing magic mushrooms to mainstream medicine, but not everyone’s down with that trip. The Hustle Introducing Compass Pathways: the company behind ‘Big Shroom’ Compass Pathways, a controversial British company, is looking to turn psychedelic mushrooms into a pharmaceutical powerhouse and become the first legal provider of psilocybin, AKA the ‘magic’ […]

Wes Schlagenhauf • November 9, 2018

Vice Media tightens its belt, plans to cut staff by 15% 

After a hiring freeze 6 weeks ago, Vice’s new CEO announced the digital media publisher’s plans to lay off close to 15% of its workforce.

Wes Schlagenhauf • November 9, 2018

Netflix’s hackathon only seems like a bad idea

Netflix’s biannual hackathon yielded some bizarre features, but hackathons tend to work out pretty well for businesses...

Conor Grant • November 9, 2018

TripActions raises $154m to make travel easier for employees, cheaper for employers

Business travel startup TripActions raised $154m, launching the 3-year-old company to unicorn status.

Conor Grant • November 9, 2018

Introducing Compass Pathways: the company behind ‘Big Shroom’

Compass Pathways wants to bring magic mushrooms to mainstream medicine, but many experts feel they are wrongfully trying to monopolize the potential market.

Wes Schlagenhauf • November 9, 2018

We've got hair, yes we do

Hair product startup Mayvenn looks to give the hair-extensions industry a makeover after it raised $23m. The Hustle Mayvenn raises $23m to give the hair extension industry a new ’do Mayvenn, a startup that sells and affixes hair products, raised $23m to extend its hair care business. By catering to black women, a demographic traditionally […]

Wes Schlagenhauf • November 8, 2018

LL Cool J & Ice Cube might be trying to purchase some local sports TV stations

Disney is running out the clock on offloading the 22 Fox Sports Networks it acquired from 21st Century, and LL Cool J and Ice Cube have teamed with a jewelry billionaire to throw their hats in the ring.

Wes Schlagenhauf • November 8, 2018

By raising $750m in debt, Musk boldly steers SpaceX toward the financial frontier

SpaceX is taking out $750m in bank loan debt so it has fewer investors to piss off when Elon sends crazy tweets.

Conor Grant • November 8, 2018

What the outcome of the midterms means for tech

The good, the bad, and the ugly implications on Big Tech after Tuesday’s midterm elections.

Wes Schlagenhauf • November 8, 2018

Mayvenn raises $23m to give the hair extension industry a new ’do

A hair startup called Mayvenn raised $23 to extend its hair extension business -- and empower stylists in the process.

Lindsey Quinn • November 8, 2018

The circus is over

Amazon couldn’t decide on whose gift it liked better, so it decided to break it’s HQ2 bid into 2 existing offices. The Hustle New York gets an HQ2, and DC gets an HQ too, because Amazon wants them to After a year of hype, Amazon ended its search for a new HQ this week — […]

Wes Schlagenhauf • November 7, 2018

With hardware out of vogue, Apple goes soft(ware)

As hardware sales fall flat, Apple looks to its new media strategy to help keep users engaged, AKA keep them spending the tickle on the trillion dollar company’s products.

Wes Schlagenhauf • November 7, 2018

Why did the Massachusetts-based pizza chain fire 1.1k employees?

A Massachusetts-based pizza chain closed 95 of its 178 locations after its parent company took on nearly $73m in debt.

Wes Schlagenhauf • November 7, 2018

RapidSOS raises $30m with a dream of delivering ambulances as fast as burritos

RapidSOS, a startup that creates software to improve on-demand emergency response systems, raised $30m.

Conor Grant • November 7, 2018

New York gets an HQ2, and DC gets an HQ too, because Amazon wants them to

After manufacturing 14 months of hype, Amazon ditched its plan to make 1 new HQ, instead expanding its presence in 2 existing offices.

Conor Grant • November 7, 2018

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