Collaboration Is the Key to Super-Fast Growth (Along With a Little Help From A.I.)
Competition takes strength, energy, and focus away from your business, but strategic partnerships bring resources, experience, and enhanced connectivity.
The Download: the rise of luxury car theft, and fighting antimicrobial resistance
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. The curious case of the disappearing Lamborghinis Across the world, unsuspecting people are unwittingly becoming caught up in a new and growing type of organized criminal enterprise: vehicle transport fraud and theft. Crooks…
Zoom knots itself a legal tangle over use of customer data for training AI models
Three years ago Zoom settled with the FTC over a claim of deceptive marketing around security claims, having been accused of overstating the strength of the encryption it offered. Now the videoconferencing platform could be headed for a similar tangle in Europe in relation to its privacy small print. The recent terms & conditions controversy […]
BlueJeans folds
Verizon dropped hundreds on millions on BlueJeans at the height of pandemic lockdowns. Three years and some change later, the lesser-known video-conferencing app is done for, the telecom giant told users today. In a mass email, Verizon wrote that it “made the difficult decision to sunset our suite of BlueJeans products.” 9to5Google first reported the […]
Singapore wealth management platform Endowus raises $35M
Back in 2021 and early 2022, there was a flurry of VC interest in Southeast Asian investment apps. One of them was Singapore-based Endowus, which raised two rounds in rapid succession: a Series A in June 2021 followed just seven months later by $25.6 million in follow-on funding. Now two years later, despite a much […]
34 Years of Success: How Sandra’s Next Generation Continues to Impress
Yelp Top 100 winner, Sandra’s Next Generation, dishes on how its soul food has enraptured customers for 34 years—and entrepreneurs of all ilks can incorporate their tactics for business success.
WeWork goes from a $47B valuation to ‘subtantial doubts’ about its ‘ability to continue as a going concern’
WeWork is struggling to survive in a post-pandemic world. In announcing its earnings today, the flexible space provider said that “substantial doubt exists about the company’s ability to continue as a going concern.” WeWork has faced a number of challenges for years now and with so many companies abandoning office space and more people being […]
Lyft wants to kill surge pricing
Lyft has been cutting fares in order to secure more riders, and it’s working. Bu that success has come with a (literal) cost. The ride-hail company reported Tuesday during its second quarter 2023 earnings an increase in riders and decrease in revenue per active rider. That discrepancy was fueled by a decision by the company to […]
Human toddlers are inspiring new approaches to robot learning
It’s an exciting time for robotic learning. Organizations have spent decades building complex datasets and pioneering different ways to teach systems to perform new tasks. It seems we’re on the cusp of some real breakthroughs when it comes to deploying technology that can adapt and learn on the fly. The past year, we’ve seen a […]
Lyft shares pop, then plop, as it predicts slow and steady growth
Lyft made less money per active rider in the second quarter — something that might normally give investors pause. Yet, the ride-hailing giant’s stock price initially rocketed nearly 14% in after-hours trading following its Q2 2023 earnings report. The stock then shed its after-hours gains shortly before this story went live. Lyft’s enthusiastic investors seemed […]
Wall Street Banks Slapped with $549 Million in Fines for Using WhatsApp ‘Off-Channel’ at Work
Among the fined banks, Wells Fargo faces the steepest penalty at $125 million.