February 5, 2025

XOi raises $230M, acquires Specifx to expand its tech for field service technicians

Field service engineers may not be the first group of customers that come to mind when you think about lucrative opportunities in B2B technology. But that same blind spot speaks of the opportunity in the space for those who are stepping up and targeting “the job site.” One of the players in that space, XOi  […]

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EV startup Canoo files for bankruptcy and ceases operations

January 18, 2025

Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will “cease operations immediately.” The company is liquidating its assets in a Chapter 7 proceeding in the Delaware Bankruptcy Court. The company said in a press release published late Friday that it was “in discussions with foreign sources of capital” that proved unsuccessful, and also […]

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Amazon suspends U.S. drone deliveries following crash at testing facility

January 18, 2025

Amazon has paused testing of its delivery drones following a crash involving two of its models, according to Bloomberg. It’s the latest setback for Amazon’s beleaguered Prime Air program, which aims to deliver around 500 million packages a year to customers by the end of the decade. Bloomberg reports two Amazon drones crashed in rainy […]

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Perplexity acquires Read.cv, a social media platform for professionals

January 17, 2025

Read.cv, a social media platform for professionals that competed with LinkedIn, has been acquired by AI-powered search engine Perplexity. As part of the deal, Read.cv will begin to wind down operations today. Users will be able to export their data, including their profiles, posts, and messages, until May 16. “We’ve long admired Perplexity and believe […]

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8 Winning Strategies for Succeeding in a Hyper-Competitive Market

January 17, 2025
It’s certainly enviable to have minimal competition in a hot space, but in the real world, this scenario is seldom the case. Even for category creators, those who introduce a new product or service that creates a new market, it’s only a matter of time before someone else comes along and tries to do the same thing better, cheaper, and faster. This article outlines considerations and strategies for competing effectively in a hyper-competitive, saturated market.