Tag: Startup

We’ve spent the last century and a half pumping carbon dioxide into the atmosphere, and it’s clear that we’ll have to spend the coming decades removing a significant fraction of that. But then what do we do with it all? Some people are proposing pumping it underground. Others think we can make things from it,…

Spotify today is introducing new technology that will give radio broadcasters the ability to turn their existing audio content into podcasts, or what it’s calling “broadcast-to-podcast.” Based on IP Spotify acquired in late 2021 from an Australia-based podcast tech company Whooshkaa, the feature set will be integrated into Spotify’s enterprise podcast tech platform Megaphone, where it’s…

In his annual letter to holders, Andy Jassy warns that AWS, Amazon’s most profitable business, faces ‘short-term headwinds…

Reading the economic tea leaves has Americans changing how the shop on Amazon…

Spotify is embracing the iOS Lock Screen. The company announced today it’s introducing a new iPhone Lock Screen widget to all users running iOS 16 or later that allows you to tap on Spotify’s icon to launch the app directly before unlocking your phone. Support for Lock Screen widgets rolled out with iOS 16’s release…

The CEO of Tesla and founder of SpaceX wants to conquer Mars, but a big regulatory obstacle currently stands in the way of his route to the red planet…

At Meta Connect 2022, the tech giant announced a three-year partnership with NBCUniversal that would bring Peacock to the Meta Quest virtual reality headset. Today, the streaming app is now available on Meta Quest 2 and Meta Quest Pro devices. Subscribers can get Peacock in the Meta Store and stream 90,000 hours of movies and…

As many private companies try to avoid raising capital in the current market, it’s become significantly harder to figure out what companies are actually worth. But a market that’s traditionally even less transparent than venture is providing clues. The secondary market, where investors can buy and sell existing stakes in a startup or fund, offers…

Ford said Tuesday it will spend $1.34 billion (C$1.8B) to turn its 70-year-old Oakville facility in Canada into an assembly plant for its next-generation of electric vehicles. The campus, which first opened in 1953, will be renamed Oakville Electric Vehicle Complex. The company said Tuesday it will begin modernizing the 487-acre site in the second…

Investors are no longer minting nearly two unicorns per day. In fact, we’re down to barely more than one new mythical horned horse per week. Welcome to the new venture normal, where it seems stories of previously well-funded startups imploding will be more common than news of mega-rounds. Tracking the global venture slowdown is a…