Others

How curbside pickup caused Wing to rethink its approach to drone delivery

June 8, 2023

In many ways, drone delivery still feels very pie in the sky in terms of scalable e-commerce. In smaller, controlled pockets, however, the concept is going swimmingly. Among the spots is a small Google satellite campus in the Palo Alto foothills. The buildings, which neighbor larger Tesla and HP offices, are home to a handful […]

How curbside pickup caused Wing to rethink its approach to drone delivery by Brian Heater originally published on TechCrunch

Carvana nirvana? Shorted stock surges 56% as company predicts record profits

June 8, 2023

On Thursday, online car-retailer Carvana announced an especially rosy outlook (i.e. forecasted record profits) for the second quarter of 2023, and investors responded by driving the company’s stock price up 56% before the market closed. The company closed the day worth $4.58 billion, according to Google Finance data. The retailer — a popular short — predicted […]

Carvana nirvana? Shorted stock surges 56% as company predicts record profits by Harri Weber originally published on TechCrunch

Firefly buys Spaceflight Inc. to boost on-orbit services

June 8, 2023

Firefly Aerospace has acquired launch and in-space transportation service provider Spaceflight Inc., in a bid to expand its on-orbit capabilities for customers. Firefly did not disclose the terms of the deal but a company spokesperson confirmed that the transaction has closed. The spokesperson added that the entire Spaceflight team, including CEO Tiphane Louradour, will be […]

Firefly buys Spaceflight Inc. to boost on-orbit services by Aria Alamalhodaei originally published on TechCrunch