Dr. Phil’s Merit Street TV startup reportedly axes dozens of job : ‘Complete shock’
The media startup founded by famous TV talk show host Dr. Phil McGraw has reportedly laid off about a third of its 100 employees. Merritt Street Media, which McGraw founded earlier this year, completed its job cuts on Monday, cutting fewer than 40 jobs, mostly in its morning and evening news divisions, a source familiar […]
NYC startup peddles used Pelotons at after pandemic-darling crash
A New York City-based startup is buying up used Pelotons that have been gathering dust since the pandemic and reselling the once-prized bikes at premium prices, The Washington Post has learned. Trade my spinsLaunched in March by CUNY alumnus Ari Kimmelfeld, the service aims to attract new customers by making the pricey Peloton cheaper, and […]
Cybersecurity Start-up Wiz Rejects $23 Billion Google Acquisition Offer
Cybersecurity startup Wiz turned down a $23 billion acquisition offer from Google, opting instead to pursue an initial public offering (IPO) in what would have been the internet giant’s largest acquisition ever. of The New York Times Reports Wiz, a privately held cybersecurity company, has made a major decision that could change its trajectory. Last […]
Cybersecurity startup Wiz turns down $23B Google acquisition: report
Cloud security startup Wizz has reportedly pulled out of talks to be acquired by Google parent Alphabet for $23 billion, a deal that would have been the search giant’s largest acquisition to date. Wizz CEO Assaf Rapaport told employees the company would instead pursue an initial public offering, as it had said last year. “It […]
Google nears $23B deal for cybersecurity startup Wiz: report
Google’s parent company Alphabet is reportedly in talks to acquire cybersecurity startup Wizz for around $23 billion. Wall Street Journal report Monday. If the deal goes through, it would be the tech giant’s largest acquisition ever. The move comes as Alphabet and other tech companies face increased antitrust scrutiny, and the acquisition could also help […]
DAVID BLACKMON: Bonfire Of The E-Vanities: Bankrupt EV Start-Up Fire-Selling Remaining Inventory
Hey, want a cheap Fisker Ocean EV? Want a bunch of them? All you need is $2,500 in cash for a few hundred of Fisker’s remaining inventory of damaged Ocean SUVs, and they are yours! Bankrupt pure-play battery electric-vehicle maker Fisker, desperate to raise cash to keep what remains of its operations open as it goes […]
Wedding planners cry foul as The Knot adds startup Simply Eloped to online empire
The Knot has quietly acquired a startup called Simply Eloped, raising concerns that the controversial company has too much control over the wedding planning industry, The Washington Post reports. Simply Eloped says it will connect couples with pre-approved vendors like officiants, videographers and photographers for intimate ceremonies of 20 guests or fewer, and joins an […]
Amazon probing AI startup Perplexity for scraping sites without permission
Amazon is investigating the controversial AI startup Perplexity for allegedly violating its cloud division’s rules by improperly “scraping” content from other websites without permission, according to a report on Friday. Perplexity, which was recently valued at $3 billion, is said to be ignoring a well-known web standard called the Robots Exclusion Protocol (commonly known as […]
Crypto startup funding eclipses $100B – Cointelegraph
Since the end of May 2014, over $100 billion has been raised for cryptocurrency startups. Looking back, there have been ups and downs amid regulatory uncertainty and market volatility, but the past four years have seen both upper and lower limits raised, even as peaks and troughs continue. data sauce According to a report by […]
US charges executives at ADHD startup in $100 million Adderall fraud
Johan Hari, author of “The Magic Pill: The Surprising Benefits and Disturbing Risks of the New Weight-Loss Drug,” talks on “The Big Money Show” about the side effects of drugs like Ozempic and Wegovy. The founder and top doctor of a San Francisco-based telemedicine startup U.S. Department of Justice He was arrested Thursday on charges […]