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MoviePass continues to peel back the layers of its ‘grand plan,’ with MoviePass Films

MoviePass has made good on their promise to start their own production company with MoviePass Films.

Wes Schlagenhauf • June 1, 2018

GM ‘Cruises’ to self-driving dominance with another $2.25B in the tank 

In a race against Google to bring the first autonomous vehicles to market, GM’s $2.25B investment from SoftBank could be just the boost Cruise needs.

Conor Grant • June 1, 2018

Trendy outerwear brand Canada Goose flaps its way into China — and a $3.4B market cap

Successful Toronto-based winter coat brand Canada Goose has managed to fly under the radar with a massive market cap. Now they have eyes for 2 new nests in China.

Wes Schlagenhauf • June 1, 2018

Bird is reportedly flapping its electric wings to a $1B valuation

Bird seeks another $150m to become the electric scooter biz’s first unicorn, as the industry continues to saturate major city streets.

Wes Schlagenhauf • May 31, 2018

A Chinese company now holds the power to more than half the world’s lithium supplies

Chinese lithium company now owns a $4B stake in a massive Chilean lithium producer -- but Chile isn’t too pleased with their new business partner.

Wes Schlagenhauf • May 31, 2018

23andMe files a patent infringement lawsuit to chop down Ancestry’s family tree

As the DNA kit market takes off, 23andMe sues Ancestry in an attempt to take down the market leader.

Conor Grant • May 31, 2018

The Meeker shall inherit the earth

Yesterday Mary Meeker, the Nostradamus of the tech industry, made her famous industry forecast in the annual internet trends report.

Conor Grant • May 31, 2018

Ben and Jerry’s serves up a scoop of sustainability with blockchain ‘carbon credits’

Ben and Jerry’s partnered with Poseidon, one of several companies working to use blockchain to combat climate change one token at a time.

Lindsey Quinn • May 30, 2018

The US makes Bayer sell the farm in biggest antitrust sell-off ever

After a two-year antitrust review, Bayer has finally won approval for its $66B takeover of Monsanto -- provided it unloads $9B in agricultural assets.

Wes Schlagenhauf • May 30, 2018

Canada gets some slick new digs, purchases oil pipeline for $3.5B

Trudeau and the Canadian government are set to buy Kinder Morgan’s Trans Mountain oil pipeline and its controversial expansion project for $3.5B.

Lindsey Quinn • May 30, 2018

De Beers changes their tune, debuts lab-grown diamonds

To preserve its market share, old-guard diamond company De Beers is joining the lab-grown gem craze to build a pricing barrier between the science experiments and the real stuff.

Lindsey Quinn • May 30, 2018

The news that was cooking up while you were cooking out

If you’re just tuning in after the long holiday weekend, never fear. From Foxconn to Frappuccinos, here’s a quick download of the headlines you missed while you were chillin’ and grillin’.

The Hustle • May 28, 2018

Move over, Mickey: Global media’s new princess, Netflix, tries on Disney’s tiara

Netflix’s multibillion-dollar content strategy seems to be working -- the streaming sensation’s market cap topped Disney’s to become top dog yesterday.

Conor Grant • May 25, 2018

Internal documents reveal Apple knew the i6 was more likely to bend than previous models

Court filings reveal that Apple knew its 6 and 6 Plus phones were more likely to bend, proving the “bendgate” rumor was actually true.

Conor Grant • May 25, 2018

Dog-sitting app Rover fetches $155m to keep up in the hound-race against Wag

Dog-sitting startup Rover is nearing unicorn status as it looks to take the ‘Best In Show’ title from its main competitor Wag.

Wes Schlagenhauf • May 25, 2018

Yelp’s latest attack in a never-ending antitrust war urges everyone to give Google 0 stars 

Continuing a 7-year campaign accusing Google of cheating in its search results, Yelp has revived a lawsuit and launched a PR campaign against Google.

Conor Grant • May 25, 2018

Hawaii governor stresses the rest of the island is ‘open for business’ despite eruption

The Kilauea Volcano is taking a massive toll on the Big Island’s economy, and Hawaii’s governor wants to reassure everyone parts of the island are still open for business.

Wes Schlagenhauf • May 24, 2018

Death to key cards: Openpath raises $7m so you can unlock your office with your phone

Openpath raises $7m to revolutionize the way we open doors at the office

Wes Schlagenhauf • May 24, 2018

Snapchat execs are dropping like flies as Spiegel tries to Snap out of his slump

As the company continues to struggle, Snapchat execs are starting to make like ghosts and disappear.

Conor Grant • May 24, 2018

Irish bookie puts money on the future of American gambling with FanDuel purchase 

In American sports betting’s first big wager since the Supreme Court legalized gambling, Irish bookmaker Paddy Power Betfair is buying FanDuel.

Conor Grant • May 24, 2018

The New York Stock Exchange president steps down, and now they’re making history 

The NYSE’s president steps down, making way for the Big Board’s first female president in its 226-year history.

Wes Schlagenhauf • May 23, 2018

Amazon under fire after giving its facial ‘Rekognition’ software to law enforcement

Amazon is in hot water with civil rights groups after the ACLU found documents detailing Amazon’s quiet facial-recognition deals with law enforcement groups.

Conor Grant • May 23, 2018

Google and Apple can’t brew up a mobile-pay platform as hot as the Starbucks app

By keeping a consistent (and caffeinated) consumer base engaged using sweet perks, Starbucks has built the world’s largest mobile payment platform.

Conor Grant • May 23, 2018

Sony buys EMI Music Publishing for $2.3B — but it still doesn’t own ‘Thriller’

The agreement adds more than 2m songs to Sony’s already-iconic catalogue. But the last 10% of EMI still belong to the Jacksons.

Wes Schlagenhauf • May 23, 2018

This means war: Banks are going full bunker mode to fight cybercrime

Banks are adopting military-style tactics to fight cyber bandits costing them $445B a year.

Wes Schlagenhauf • May 22, 2018

As profits fall, AstraZeneca shareholders revolt against CEO’s compensation

As CEO pay packages continue to rise, shareholders are starting to pick up their pitchforks when executive bonuses don’t line up with corporate performance.

Conor Grant • May 22, 2018

GE sells off its rail unit for $11B as it looks to fund a revamp

GE sells off their struggling rail unit to Wabtec as new CEO John Flannery trims the fat in a company revamp.

Wes Schlagenhauf • May 22, 2018

Racing Amazon for JEDI contract, Microsoft gives US intelligence a seat on its cloud

To win the cloud wars for the government’s $10B JEDI contract to build a war-cloud, Microsoft launched a government version of its cloud services.

Conor Grant • May 22, 2018

Soup’s out of the can: Campbell CEO announces surprise retirement

Campbell’s CEO abruptly announced her immediate retirement on Friday, bringing the total women CEOs at Fortune 500 companies down to just 23.

Wes Schlagenhauf • May 21, 2018

‘Summer of disruption’: TGI Fridays employees in the UK stage walkout over tips

TGI Fridays servers in the UK staged a walkout on Friday over another tips and wages dispute.

Wes Schlagenhauf • May 21, 2018

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