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PayPal is now worth more than American Express

PayPal’s shares have gone up by nearly 80% this year -- and their market cap has officially surpassed credit-card king American Express.

Lindsey Quinn • October 25, 2017

A Florida couple accidentally received 65 lbs of weed in the mail from Amazon… dank

"After the woman opened the box, she claimed she was hit with a strong odor, and under layers of packaging, she found 65 lbs of the devil’s lettuce."

Lindsey Quinn • October 24, 2017

AI researchers fresh out of school are getting paid $500k salaries

All-stars in the AI field are negotiating contracts like NBA players, and have racked up “double-digit millions over a four- or five-year period.”

Lindsey Quinn • October 24, 2017

Snap’s got Spectacles, but no foresight

Spiegel claims that Spectacles outsold the first iPod, but, to-date Snap’s only sold 150k units -- and they’re stuck with thousands of unsold specs.

Lindsey Quinn • October 24, 2017

WeWork just bought a coding bootcamp, betting on the future of vocational schools

In a gamble against expensive 4-year college degrees, the shared-workspace company has purchased NYC-based coding bootcamp, Flatiron School.

Lindsey Quinn • October 24, 2017

SoftBank is cutting some big checks to tech companies, and it’s messing with IPOs

The trend of huge investment funds shifting their focus towards private companies is causing a major slump in the number of new US public companies.

Lindsey Quinn • October 23, 2017

Nobody wants an M.B.A anymore

As a generation of students saddled with loan debt stay put in the workforce, applications to MBA programs in the US have fallen for a third straight year.

Lindsey Quinn • October 23, 2017

Stitch Fix files for IPO… and miraculously, they’re almost profitable

Subscription box service Stitch Fix has filed for IPO -- and in an industry known for burning through cash, they’re sporting some pretty solid numbers.

Lindsey Quinn • October 23, 2017

The CEO of LaCroix is absolutely bonkers — and his antics are selling

Last week the CEO of LaCroix's parent company sent a bizarre, all-caps press release. Is he just a man in the twilight of his life? Or a marketing genius?

Lindsey Quinn • October 23, 2017

Blue Apron’s slicing its staff

In an effort to get “closer to profitability,” meal kit company Blue Apron has laid off up to 300 people, costing them $3.5m in severance.

Lindsey Quinn • October 20, 2017

We knew it: Drug companies purposely make eyedrops too big

Drug companies intentionally designs bottles that dispense eye drops twice as large as the human eye can handle, so we run out faster and have to buy more.

Lindsey Quinn • October 20, 2017

Alphabet’s Capital G invests $1B in Lyft

Yesterday, Capital G announced a $1B investment in Uber’s mustached nemesis, bringing Lyft’s valuation to $11B -- and pitting Alphabet against Softbank.

Lindsey Quinn • October 20, 2017

Magic Leap’s elephant in the room

This week, several news sources published articles questioning the viability of Magic Leap’s technology, and their PR team isn’t exactly taking it in stride.

The Hustle • October 19, 2017

Why it’s way easier to focus in a coffee shop than an open-office

Studies have found that quieter isn't always better.

Lindsey Quinn • October 19, 2017

Magic Leap has $5B worth of potential… and still no product

“Mixed reality” startup Magic Leap has officially closed a massive $502m funding round. Which is funny… because they still don’t have a working prototype.

Lindsey Quinn • October 19, 2017

For the low price of $1k, you can track someone’s location with mobile ads

A team of researchers from the University of Washington has figured out just how easy it is to exploit mobile advertising networks.

Lindsey Quinn • October 19, 2017

Dollar stores are crushing it where Walmart can't: small, rural American towns

Dollar General has found a lucrative niche in towns long considered unprofitable. And its banking on continued economic disparity to succeed.

Lindsey Quinn • October 19, 2017

US-based LimeBike raises $50m… but Chinese bike sharing is making them sweat

San Francisco-based LimeBike just raised another $50m, led by Coatue Management, to expand Chinese-style bike sharing in the US. Now valued at $225m, LimeBike launched just 10 months ago and has since raised $12m in VC capital from Andreessen Horowitz But, in a market that’s poised to produce “the next Uber,” LimeBike’s got some pretty […]

Lindsey Quinn • October 17, 2017

A first time for everything: Drone finally crashes into a commercial airplane

It finally happened -- a drone collided with a commercial aircraft in Canada last week, marking the first incident of its kind in North American history.

Wes Schlagenhauf • October 17, 2017

How to prevent a KRACK attack on your Wi-Fi

Researchers have found a huge flaw in the security used to protect Wi-Fi networks that could put your private info at risk. Here's how to protect yourself.

Wes Schlagenhauf • October 17, 2017

UberEATS is munching up market share

Leaked numbers show that UberEATS is projected to hit $3B in sales this year -- meaning it's growing faster than their ride-sharing business.

Zachary Crockett • October 17, 2017

So much for the 9 to 5… Americans are more burnt out than ever — here’s how to fix it

If you’re a victim of the Sunday scaries, you’re not alone: 50% of Americans say they’re “consistently drained at work.”

Lindsey Quinn • October 16, 2017

Facebook follows the pack — gets into the online food biz

The blue ‘book recently released its plans to take over the food game: an “Order Food” button now appears under the “Explore” section of Facebook’s home page, where you can pull up nearby restaurants with ratings and price estimates. Some of these restaurants also have a “Start Order” button in case you’re in the middle […]

Lindsey Quinn • October 16, 2017

The NYT is cracking down on its journalists’ Twitter feeds

In the paper’s opinion, its journalists “should not be able to say anything on social media” that they wouldn’t otherwise say in the Times.

Wes Schlagenhauf • October 16, 2017

The Google Home Mini is officially a disaster

Last week, Google announced the Google Home Mini — a smart speaker meant to compete with the likes of Amazon’s Echo Dot — to generally positive reviews. Now, they’re in some deep water: turns out, some of the test units released to press members and giveaway contestants were randomly recording users’ conversations “thousands of times […]

Zachary Crockett • October 13, 2017

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