Amanda Reed If summer days are best spent lounging by the pool, then summer nights are best spent relaxing in the hot tub. Inflatable hot tubs are easy to set up and lighter—in weight and on your wallet—than traditional hot tubs, which can weigh and cost into the thousands. Our best overall pick for the…
FPL Technologies, an Indian startup that offers credit cards to customers under the brand name OneCard, is the latest in the South Asian market to join the unicorn club following a new round of funding. Singapore’s Temasek, one of the world’s largest investors, led the Pune-headquartered startup’s Series D round, OneCard disclosed in a filing…
It has been a busy few months for Atomico, the European venture capital (VC) juggernaut founded by Skype co-creator Niklas Zennström some 16 years ago. After promoting three investors to partner back in April, it then brought in former Revolut and Uber executive Don Hoang as partner a month later. To cap off this frenzy,…
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, Natasha asked: How does Roe’s reversal impact the ways that companies…
Autonomous flight is a grand challenge in aviation — and a gold mine. The first company to crack it at scale stands to reap handsome profits from transportation and logistics alone. In 2020, the size of the global cargo airline industry was $110.8 billion, according to Statista, and one source estimates that it’ll generate hundreds…
Biofuels are the sirens of renewable energy, luring startups with enchanting promises of enormous markets, from aviation to trucking and shipping. Companies just can’t help throwing themselves at the problem, and more than a few have been dashed to pieces in the process. One new startup, though, hopes it’s Ulysses in this tale, able to…
It’s been a long time coming, but Google Cloud today announced its first Arm-based VMs, following AWS, with its Graviton instances, and Azure, which also recently launched Arm VMs. But while AWS built its own custom chips, Google Cloud is following Azure’s lead here by using chips from Ampere. These new VMs, which are now…
Airbnb got its start as a place for homeowners casually to rent out rooms and more from their own private residences to make a bit of extra income, but it quickly evolved into something a little more specialized: a platform where a large part of the inventory became listings from those who owned property primarily…
If you stumble on an Eddie Munson-shaped crop circle in Indiana, just know it wasn’t Joseph Quinn-loving aliens who put it there. It was Netflix. The streaming service memorialized Stranger Things 4‘s late, great breakout character with help from crop artist Stan Herd, who created an elaborate tribute to Eddie in a cornfield. The artwork…
The BlackCat ransomware group, also known as ALPHV, claims to have breached the systems of Namco Bandai, the Japanese video game publisher behind AAA titles such as Elden Ring and Dark Souls. The news was also first broken by Vx-underground, and later reported by two malware-watching groups. BlackCat is one of the world’s most popular…