Micromobility company Bird said Monday it had overstated its revenue for more than two years by recognizing unpaid customer rides. Bird’s audit committee found on Friday that the company’s financial reports spanning the first quarter of 2020 through the second quarter of 2022 “should no longer be relied upon,” according to a U.S. Securities and…
Grant Easterbrook Contributor Share on Twitter Grant Easterbrook is a fintech consultant based in Amsterdam. His work has been cited in the media over 150 times. He also co-founded Dream Forward, which was acquired in 2020. This year marks the 10th anniversary of the fintech phenomenon. Companies such as E*TRADE, Rocket Mortgage, and TurboTax began…
Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Here’s what we got into on our Monday episode, a weekly kick-off of sorts: Stocks are mixed around the world, up in parts of Asia and Europe, but down sharply in the…
Although FTX collapsed last week, raises their ventures team contributed to are still being announced. Joepegs, an NFT marketplace on the Avalanche blockchain, raised $5 million in a seed round led by now-defunct FTX Ventures and the Avalanche Foundation, its co-founders who go by the pseudonyms Cryptofish and 0xMurloc, exclusively told TechCrunch. “The funding from…
Many small to mid-sized food distributors still run on pen and paper. This makes it difficult to pinpoint things like how certain products are performing and customer churn. It also makes it hard for businesses to comply with the FDA’s new food traceability regulations. Butter’s solution is an all-in-one management system that helps distributors run…
Hulu is expanding its Live TV line-up with 14 new channels, such as Hallmark Channel, The Weather Channel, Comedy.TV, JusticeCentral.TV, TheGrio Television Network, and six channels from the music video network Vevo. The new channels bring the total to over 85 channels, which include entertainment, live sports, and national and local news. Today, November 14,…
It’s no secret that VC spending in 2022 did not take a page from the wild funding spree that was 2021. This year’s more measured approach has had a cooling effect — particularly on space-related startups. In Q3 alone, investments in 79 space companies hit $3.4 billion — down 44% from Q3 2021. Still, some…
Next year, the battle of the desktop processors will continue to be fought between Raptor Lake – with Intel planning a refreshed clutch of current 13th-gen chips – and AMD’s Zen 4, according to the latest rumors from a well-known Chinese leaker. However, we will see at least some new silicon pretty early in 2023,…
Persistent back pain can majorly disrupt your day-to-day life. If you’re suffering, it’s worth making sure your mattress isn’t exacerbating the problem – or even causing it. We consulted medical professionals for their their advice on the matter, as well as their tips for choosing the best mattress to promote spinal health in your preferred…
God of War Ragnarok might be a fantastic showcase of modern AAA gaming, but its gaming inspirations run deep. God of War Ragnarok director Eric Williams discussed the games that helped shape his vision for the PS5 action adventure in an interview with IGN. All five are NES titles, some of which you can play…