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2 Mergers and a Maybe: The M&A roundup the world needs right now

Mergers and acquisitions… three words that bring giant and sometimes not-so-giant corporations together under one huge, carbon-footprint-inducing roof. Here are a few high-profile deals that caught our eye, and one potential behemoth that could rear its head in the near future. Merger: Sanofi acquires its second biotech company this month Yesterday, the French drugmaker agreed […]

Wes Schlagenhauf • January 30, 2018

You gotta fight! (DUN DUN) For your right! (DUN DUN) To reeeeeppaaair

Anyone who’s spent an afternoon at the “Genius Bar” or paid top-dollar at an “authorized repair” shop knows the pain of trying to fix a device that’s controlled by Apple — AKA, the maaan. Luckily, 17 states are raging against the difficult-to-repair machine, introducing bills this year to make standard parts and manuals available to […]

Lindsey Quinn • January 30, 2018

Strava’s heat map is a huge security screw-up

Back in November, fitness tracking app Strava published the Global Heatmap — a seemingly cool interactive that used 13 trillion GPS points to show where people were the most active between 2015 and 2017. But the feature came with a “major security oversight:” turns out, soldiers use fitness trackers too — and their movements, which […]

Zachary Crockett • January 30, 2018

Where does it end, Elon?!: Boring Company sold $5m worth of flamethrowers in 2 days

Elon Musk’s “tunneling” startup, The Boring Company, released their flamethrower for pre-order a few days ago — and in approximately 48 hours, they’ve sold $5m worth of fire spitters at $500 a pop. Alright. What the heck’s going on here? Well, it started with some hats… While the Boring Company was created to make holes […]

Wes Schlagenhauf • January 30, 2018

BuzzFeed is breaking into the Chinese market

A recent partnership between BuzzFeed and Chinese giant ByteDance shows that clickbait continues to reel in some big financial fish.

Zachary Crockett • January 29, 2018

Didi is dominating ridesharing in China — now they’re dipping into their $9B of fun money

Didi Chuxing puts their major funding year in 2017 to good use, including a big push into AI research.

Wes Schlagenhauf • January 29, 2018

Let’s get social: Google is testing a local news app called Bulletin

Google’s new Bulletin app is meant to empower hyperlocal journalists to post social news, prioritizing (in theory) relevant stories over viral, fake news.

Wes Schlagenhauf • January 29, 2018

Tales from the crypto… part II

The biggest ICO in history is going down, there’s a new player in the exchange ring, and 50 Cent is rich again.

Zachary Crockett • January 26, 2018

The league that nobody asked for: the XFL is back brotherrrr

The XFL is back, but there are going to be a few changes... it’s pretty much regular football.

Wes Schlagenhauf • January 26, 2018

Cloud computing company Snowflake raises $263m — and it’s gonna need it

They may not be sexy to you, but Snowflake’s $1.5B valuation is looking preeetty nice to companies looking to store data on the cloud. But, they have some pretty stiff competition...

Wes Schlagenhauf • January 26, 2018

CNN suits can’t cage Casey Neistat

A year after dropping $25m to acquire Casey Neistat and his video platform, CNN is pulling the plug, citing irreconcilable business differences.

Lindsey Quinn • January 26, 2018

Inside Serenbe: the utopian ‘wellness community’ driving a $134B industry

Real estate developers are betting big bucks on planned communities for health enthusiasts that feature on-site farms, wooded trails and ‘free-range’ kids.

Lindsey Quinn • January 25, 2018

Are ‘smart’ doorbells really a thing?

Apparently all you gotta do to become a Unicorn these days is to get turned down by Mark Cuban on Shark Tank...

Wes Schlagenhauf • January 25, 2018

Google’s moonshot competition ends without a winner

Google ended its Google Lunar XPrize competition because none of the participants are on track to reach the moon by the 2018 deadline.

Wes Schlagenhauf • January 25, 2018

Are robots the answer to the agricultural job shortage?

Agriculture is embracing new algorithm-driven harvesting technologies with robotic arms.

Zachary Crockett • January 25, 2018

Budweiser isn’t ‘America’s beer’ anymore

Budweiser rebranded themselves ‘America’ in 2016 -- but they haven’t been the “King of Beers” in almost 20 years

Wes Schlagenhauf • January 24, 2018

The results are in: Netflix is killing the game

With insane growth in Q4, Netflix is pulling away from their biggest competitors in the on-demand biz.

Wes Schlagenhauf • January 24, 2018

Elon Musk: I’m not going to pay myself until Tesla hits absolutely insane benchmarks

It’s a “100% at-risk performance award” -- and if Elon manages to hit his goals, he could add as much as $55B to his net worth.

Zachary Crockett • January 24, 2018

How much are you sharing when you swipe?

A new report reveals major vulnerabilities on Tinder, which make it easy for a hacker on a shared wifi network to “look over your shoulder” as you swipe.

Lindsey Quinn • January 24, 2018

Chinese imports are flooding South Korea’s kimchi market

South Korean kimchi producers are having trouble competing with China’s rock-bottom prices.

Zachary Crockett • January 23, 2018

Onward and upward: Uber Eats acquires food delivery startup that makes its own food

Uber Eats just partnered with David Chang’s ‘ghost restaurant’ Ando, as it continues to build out its food delivery infrastructure.

Wes Schlagenhauf • January 23, 2018

Sorry cashiers, Amazon Go is finally here 

Amazon’s automated convenience store is finally open. Is this the future of shopping or just an expensive pet project?

Wes Schlagenhauf • January 22, 2018

Sure ’nuff: Startup hippo raises $25m in the white-hot insurance tech space

Hippo is the latest to cash in on the highly lucrative “insurtech” market, and VCs are chomping at the bit to get in the mix.

Lindsey Quinn • January 22, 2018

Pass the popcorn: MoviePass plans to start acquiring and distributing their own movies 

As it stands, MoviePass buys up nearly 3% of all movie tickets in the US, which seems pretty high compared to their heroically low monthly charge for users.

Wes Schlagenhauf • January 22, 2018

How do we stop quantum computers from cracking every encryption on the planet?

With quantum encryption, of course. Wanna be able to explain it to your friends at your next dinner party? Read on...

Lindsey Quinn • January 22, 2018

A new San Francisco law just forced Airbnb to remove nearly 50% of its listings in the city

Airbnb removed nearly 5k listings of short-term hosts who failed to pay a $250 fee to register with the city -- 2k of them overnight.

Zachary Crockett • January 22, 2018

Struggling sandwich artist: Subway has a full-blown crisis on their hands

With Subway’s sales plummeting and stores closing, many attribute the dark days to changing trends, bad produce, and some hardcore internal conflict.

Wes Schlagenhauf • January 22, 2018

Charlie Munger, Warren Buffett’s #2, credits his success to knowing a little about a lot

Behind every lauded genius, there tends to be a No. 2: A Pippen to Michael, a Woz to Jobs, and, dare we say, a Munger to Buffett. For 40 years, Charlie Munger has served behind the scenes as Warren Buffett’s most trusted business partner. He’s played a pivotal role in managing Berkshire Hathaway’s $178B stock […]

Wes Schlagenhauf • January 19, 2018

PR firms are paying tech journalists at prominent publications for links

For as long as journalism’s existed, businesses have offered cash payments, gifts, and services in exchange for favorable coverage. (It’s one of the reasons we’ve been working on an ethics guide at The Hustle.) Now, a recent exposé by our friends over at The Outline argues that this trend has turned into a lucrative, bustling […]

Zachary Crockett • January 19, 2018

The personal assistant of Goldman Sachs’ co-president stole $1.2m in wine from him

The former personal assistant to Goldman Sachs #2 David Solomon now faces federal charges for “borrowing” some really rare wine from his boss.  The defendant was arrested for stealing hundreds of bottles of wine, including 7 bottles of highly sought-after vino from the French estate Domaine de la Romanée-Conti. The heist reads like a metaphor […]

Wes Schlagenhauf • January 19, 2018

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