While the idea of owning rental properties is appealing to many Americans, the ability to vet and afford such investments in single-family homes is out of reach for a large part of the population. mogul club is a new startup that wants to help more people achieve their dreams of becoming a landlord. It’s hardly […]
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Rocket Lab is best known for the Electron launch vehicle but the company’s earnings results continue to show that it is much more than a rocket company. The company reported $68 million in revenue for the third quarter, with $46.3 million of that figure coming from its space systems division. (That’s a 17% revenue increase […]
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In 2021, robotics startups were flying high. Unlike other categories that had buckled under the strains of a global pandemic, interest in automation was at an all-time high, as companies attempted to navigate supply chain issues and ongoing labor shortages. Robotics and automation were insulated from broader investment slowdowns, but eventually, they, too, were impacted. […]
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Lyft’s strategy of slashing ride-hail fares to compete with Uber has resulted in slow and steady gains for the company, but competition remains fierce. According to Lyft’s third-quarter earnings, reported Wednesday, Lyft’s active ridership numbers have increased sequentially quarter-over-quarter this year. In the three months ending September 30, Lyft recorded 22.4 million active riders, up […]
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We’re well past the revelation that automakers are software companies. But as the industry deepens its software roots, firms are still figuring out which upgrades they’ll charge for — and what folks are willing to pay. Subscription fatigue is real; the last thing anybody needs is another recurring charge. It’s even more frustrating when fees […]
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Notable among the Klarna IPO chatter is the fact that it is far from the only private company worth billions that we are watching approach the public markets.
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