Kalanick's Next $B Startup, X for Y Startups, Square Tops Growth Estimates, Ralph Lauren Values, Ugg's Male Playbook, Tesla Truck Reveal, UPS Drone Deliveries, Echo Bud Fitness Tracker
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Saudis Back Travis Kalanick’s New Startup
Saudi Arabia’s sovereign-wealth fund has pumped $400 million into Travis Kalanick’s new company CloudKitchens, valuing the operator of so-called ghost kitchens at about $5 billion and reuniting the former Uber chief with one of his biggest backers.
Saudi Arabia’s sovereign-wealth fund has pumped $400 million into Travis Kalanick’s new company CloudKitchens, according to people familiar with the situation, in a deal that could value the operator of so-called ghost kitchens at about $5 billion and reunites the former Uber Technologies Inc. chief with one of his biggest backers.
It was the fund’s first known deal in Silicon Valley since the murder of journalist Jamal Khashoggi last...
Master P's Rap Snacks headed to 4,200 Walmart stores nationwide
Hip-Hop entrepreneur, Master P has reportedly struck a deal with Walmart to carry his Rap Snacks chips to 4,200 stores nationwide.
Recently, the No Limit Records rap mastermind sat down with MSNBC’s The Beat with Ari to dish on the Walmart deal, but he also took time to discuss the need for businesses to bring more diversity to the upper levels of their companies.
Rap Snacks have been around since 1994 and include such flavors as Migos ’ white cheddar with a dab of ranch, Fetty Wap ’s honey jalapeno, and Romeo ’s barbeque chips.
“Is your startup idea taken?” — and why we love X for Y startups
The geographical aspect of Baidu was probably, in many ways, the smallest moat in terms of product, but we know that getting into China is special and most of the largest tech giants never made it happen.
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Square profit tops estimates on growth in subscription and services business
Payments processor Square Inc beat analysts' estimates for quarterly profit...
(Reuters) - Payments processor Square Inc beat analysts’ estimates for quarterly profit on Wednesday, as it earned more from its subscription and services business, especially from its Bitcoin-friendly Cash App.
FILE PHOTO: An advertisement for the Square Inc payment processor is seen outside a vendors site along the High Line in New York March 9, 2016.
Ralph Lauren: 'I never thought of myself as a fashion designer. It was more about values'
Ralph conjures up all the things I most care about says Audrey Hepburn (dressed in a black Ralph Lauren tux that would still look current today) at the start of Very Ralph, a splashy HBO documentary that launches on Sky Atlantic next week.
The things she most cares about, she expands, are “misty mornings, summer afternoons, great open spaces, horses, vegetable gardens, fireplaces and Jack Russell terriers”.
Hepburn is one of many high-profile figures featuring in the documentary, which is directed and produced by Susan Lacy, who previously worked...
How Ugg Finally Got Men Into Its Fuzzy Boots
And it’s not just the much-mocked booties. Through social media marketing and new styles from lace-ups to sneakers, the brand has finally made headway with male consumers.
AS RECENTLY AS 2016, ads pushing Uggs for men showed New England Patriots quarterback Tom Brady loafing indoors in the brand’s cozy shearling-lined slippers, looking barely awake and exuding little energy.
One framed photo captures Kofi Siriboe, a Ghanian actor with nearly a million Instagram followers, bounding down a city street dressed entirely in red, save for the beige Uggs on his feet.
The Tesla Truck Will Launch On November 21 In Los Angeles Because Elon Musk Loves Blade Runner
Back in March when Tesla first launched the production Model Y the company hid the above image teasing a pickup truck in the presentation. According to an extremely online Elon Musk Wednesday morning, we would be seeing the launch of that electric pickup truck—dubbed “Cybertruck”—later this month. November 21st, to be precise, near the SpaceX facility in Los Angeles.
Back in March when Tesla first launched the production Model Y the company hid the above image teasing a pickup truck in the presentation.
This new November timetable is convenient, as the automotive media collectively will be travelling to Los Angeles for the LA Auto Show around the same time.
UPS delivers prescription medications to US homes by drone for the first time
Deliveries were made from a pharmacy in North Carolina. On November 1st, the company flew the medication from a pharmacy in North Carolina to a home, before making a second delivery to a nearby retirement community.
Now that both companies have earned the FAA’s approval, it will be much easier for them to gain experience at making drone deliveries to customers in the real world.
Netflix founder and CEO Reed Hastings tackled a wide array of issues surrounding the streaming giant during a packed 30-minute keynote session at the New York Times’ DealBook conference Wedne…
Netflix founder and CEO Reed Hastings tackled a wide array of issues surrounding the streaming giant during a packed 30-minute keynote session at the New York Times ‘ DealBook conference Wednesday.
“We can accomplish a lot more by being entertainment and influence the conversation about the way people live, rather than being another news channel.” There are also lines that can’t be crossed, he clarified — if a country objected to LGBTQ programming and asked Netflix to remove it all, the company would not comply with that request.
Amazon’s own Echo Buds may have revealed a future fitness tracking feature
CNBC spotted the mystery option, and so did we
While we’re waiting on an Amazon spokeperson to confirm whether we should actually be excited for more functionality — or if this just a vestigial component of an earlier test — CNBC ’sTodd Haseltonsays he managed to successfully start a few workouts, ones where the Echo Buds appeared to be tracking his steps.
They’re advertised as “exercise ready” with IPX4 water and sweat resistance, but many modern fitness trackers and smartwatches use heart rate monitors to improve their accuracy beyond what simple accelerometers can estimate.
How to crack India’s multibillion-dollar fashion market
International brands need local savvy and the right partnerships to capitalise on the fast-growing market.
The partnership has resulted in four collections to date and mixes classic Louboutin styles like the Loubi Queen sandal and Mary Jane bucket bag with local twists, including hand embroidery and festive colours.
Jimmy Choo, for instance, carries a large assortment of low heels and open sandals, as well as gold and silver shoes and clutches to match festive attire, says Gehani of Reliance, which retails the footwear brand.
Surprise! This Is a Funeral Home, Not a Spa
One design team hopes to brighten up the business of death.
At Exit Here, Irish restaurateur Oliver Peyton and London design firm Transit Studio hope to make the business of death a little less, well, scary, not to mention gloomy.
"After both my parents died, I realized that the sector offered limited choice or variety, and this meant people didn't have the chance to celebrate their loved ones in a way that reflected their unique lives," Peyton recently told design website Dezeen.
The new dot com bubble is here: it’s called online advertising
In 2018 $273bn was spent on digital ads globally. We delve into the world of clicks, banners and keywords to find out if any of it is real. What do we really know about the effectiveness of digital advertising?
Unassuming internet users are lured into online shops, undecided voters are informed about the evils of US presidential candidate Elizabeth Warren, and cars zip by on the screens of potential buyers – a test drive is only a click away.
When Rao joined Microsoft, the eBay studies by Steve Tadelis had just been published and were all over the media: the Harvard Business Review, The Economist, The Atlantic and the BBC all covered the story.