Skydio closing consumer drone business

August 10, 2023
Skydio today announced that it will be shutting down its consumer drone business. Beginning today, the firm will no longer be selling its Skydio 2+ Starter, Sports, Cinema or Pro kits, although it will continue to offer the Skydio 2+ Enterprise Kit to business customers. Skydio also promises to continue supporting those consumers who have […]

Lyft takes a page from Uber’s playbook: Ads

August 10, 2023
Ride-hailing giant Lyft will start displaying ads in-app, as well as via in-car tablets, rooftops and bikeshare stations. “Lyft has a captive audience throughout their entire ride journey – waiting for their car, matching with their driver, and in ride – and brands can now reach riders in relevant and tailored ways across our suite […]

Data visualization startup Virtualitics lands $37M investment

August 10, 2023
Many companies grapple with data challenges. In a 2019 survey, Deloitte reports that 67% of executives aren’t comfortable accessing or using the data at their organizations. In a separate poll from NewVantage Partners, meanwhile, less than a third of firms identify themselves as being data-driven — despite significant investments in AI and business analytics tools. […]

New Inflation Data… Widespread Concern Among Investors

August 10, 2023
Recent inflation data has sparked widespread concern due to its repercussions on the economy and the stock market. This situation has stirred many emotions among investors and economists, each responding…