Corporate News

FAA Greenlights First Fully Automated Drone Flights

Buried in the 5,600 page, $2.3 trillion coronavirus stimulus bill passed in December was a 180-day ultimatum for intelligence agencies to disclose all they know about UFOs. Yes, seriously. That list of supposed sightings about to grow exponentially. The Federal…

FAA Greenlights First Fully Automated Drone Flights

Delta Plans A Vacation From GAAP Prison

Delta Plans A Vacation From GAAP Prison

Yesterday Delta delivered its fourth quarter earnings report confirming what everyone already knew: it lost an enormous sum of money in 2020. $12.4 billion, or $34 million per day. Looking ahead, CEO and apparent optimist Ed Bastion sees profitability on…

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Axios Launches Its First Software Product

Axios Launches Its First Software Product

According to the WSJ, newsletter startup Axios is set to launch its first software product next month. The platform, called AxiosHQ, will help businesses draft internal newsletters in the “just-the-facts” style that Axios is known for. Just The Facts, Ma’am…

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Beetle Juice Is Coming To A Store Near You

Beetle Juice Is Coming To A Store Near You

Warning: this story might make you slightly antsy. The European Union’s top food watchdog has declared the yellow mealworm safe for human consumption, clearing the way for its arrival at the dinner table. Protein Power Depending on where you live,…

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Trouble In Silicon Valley

Trouble In Silicon Valley

Intel’s CEO Bob Swan has become a lame duck. Just days before Swan was expected to unveil Intel’s new manufacturing strategy and quarterly earnings, the semiconductor pioneer announced Swan will be replaced by VMWare CEO Pat Gelsinger. Et tu, Apple?…

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Silver Lake Scrum for a Piece of Rugby’s Most Valuable Squad

Silver Lake Scrum for a Piece of Rugby’s Most Valuable Squad

Silicon Valley’s Silver Lake Partners is known for making huge sum investments in big name tech companies at the height of their powers. This week, they’re eyeing a $2 billion investment in broad shouldered men clobbering each other. Reports suggest…

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CES Gadget Show Goes Digital

CES Gadget Show Goes Digital

The Consumer Technology Association decided to give back to the techies this year by hosting its annual expo in their natural habitat – behind a computer screen. There will be no Google theme-park ride or wall-sized TV displays this time,…

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New Platform, New Vices

New Platform, New Vices

If you’ve ever bet on a sports game, you’re likely aware having money on the line can spice-up the viewing experience. FuboTV knows it. Yesterday, FuboTV — the streaming service focused on live sports — announced a deal to acquire…

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Music Producer’s Songs Strike A $200 Million Chord With Investors

Music Producer’s Songs Strike A $200 Million Chord With Investors

With Apple and Spotify offering per-stream payouts averaging in the sub-$0.01 range, the economics of music can seem a bit gloomy. But when it comes to royalties, your cousin’s garage band ain’t Beyoncé. Investment giant KKR is taking a majority…

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Promising to Make Drugs Cheaper is Making EQRx Very Rich

Promising to Make Drugs Cheaper is Making EQRx Very Rich

Yesterday a pharmaceutical startup called EQRx announced a $500 million Series B funding round, bringing the company’s total haul to a whopping $750 million in its first twelve months of existence. In a pharma landscape where pushing for higher prices…

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A Shot in the Arm for Drugstores

A Shot in the Arm for Drugstores

Ironically, the drugstore and pharmacy business was not particularly well-suited for the pandemic. The work-from-home reality has meant fewer colds, torpedoing demand for over-the-counter medications. At the same time, many consumers have turned to delivery giants to stock their medicine…

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Tale of the Tape: Warren Buffett and Cathie Wood

Farm Strong: Understanding Agriculture as an Investment

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