Anyone who has traveled to Hong Kong knows how ubiquitous the Octopus Card is. Distributed by a company which is majority owned by the Hong Kong government, the cards are used to pay for everything from public transit to groceries, to Starbucks coffee. It’s an incredible payment solution that’s used by almost everyone in the […]
Consolidation is afoot in the micro-mobility industry.
A little over two years ago, The New Yorker ran a story about the survivalism craze sweeping Silicon Valley. The moneyed elite behind the tools of convenience that make modern life were, it turned out, making detailed contingency plans for the collapse of the civilization they’d help architect. Now, there’s a media company for that. The […]
Beyond Meat, the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has filed for an initial public offering. The company is looking to raise roughly $200 million in the stock sale for its portfolio of burger, chicken and sausage replacements, selling 8.75 million shares of common stock at an […]
Car2go, free-floating car-sharing service owned by Daimler, temporarily shut down its service in Chicago on Wednesday after dozens of Mercedes-Benz vehicles were stolen using the app. The Chicago Police Department was alerted by Car2Go that some of their vehicles may have been rented by deceptive or fraudulent means through a mobile app, a spokesperson wrote in […]
Five years ago, Dynamic Yield was courting an investment from The New York Times as it looked to shift how publishers paywalled their content. Last month, Chicago-based fast food king McDonald’s bought the Israeli company for $300 million, a source told TechCrunch, with the purpose of rethinking how people order drive-thru chicken nuggets. The pivot […]
Matrix Partners has backed one of Y Combinator’s recent graduates.
Joanna Glasner Contributor More posts by this contributor Corporate bio VCs are backing more rounds and making bigger bets Front-door tech is hot, and it’s not just Amazon who wants in It seems like startup news is full of overnight success stories and sudden failures, like the scooter rental company that went from zero to […]
President Barack Obama wiped away a tear as he started talking about the first lady during Tuesday’s farewell address — and then things got