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+6 +1
How an endorsement from Tom Hanks and Stephen Colbert saved a small bookstore
Before last month's Super Bowl, Foggy Pine Books was one of the thousands of small, locally owned businesses floundering amid the coronavirus pandemic. Nestled in the Appalachian town of Boone, North Carolina, the bookstore had calculated that it needed to sell a minimum of 1,350 books per month to stay open. In January, it had sold 836.
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+19 +2
Beyond Meat signs 3-year global contract with McDonald's and other fast-food chains
Beyond Meat has signed a 3-year global contract with McDonald's and Yum! Brands including fast-food chains Pizza Hut, Taco Bell and KFC.
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+17 +2
Blue Origin’s massive New Glenn rocket is delayed for years. What went wrong?
The big delay can be traced to a decision Jeff Bezos made years ago. In the fall of 2017, shortly after he became chief executive officer of Blue Origin, Bob Smith received an extensive briefing on the state of the New Glenn rocket program. The projected launch date for the massive, reusable rocket was 2020, he was told.
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+21 +1
Every US Apple Store is open for the first time since March 2020
Every Apple Store in the United States is open for the first time in nearly a year. It was 353 days ago — March 13, 2020 — that Apple closed all of its retail stores outside of Greater China. While some Apple Stores offer in-store shopping appointments and others can accept Express pickup of online orders only, all 270 US locations are now open in some capacity as of March 1, 2021. Apple Stores in Texas around Houston, Dallas, and San Antonio were the last to reopen today.
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+20 +4
Etsy not thinking of accepting bitcoin right now: CEO
Etsy Inc Chief Executive Officer Josh Silverman said on Friday the e-commerce retailer is not thinking about accepting bitcoin as a form of payment right now, saying more people need to buy and own it before it can be used as tender.
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+12 +1
‘Record companies have me on a dartboard’: the man making millions buying classic hits
Hit songs can be a better investment than gold – and by snapping up the rights, Merck Mercuriadis has become the most disruptive force in music...
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+21 +5
Why Is Facebook Launching An All-Out War On Apple's Upcoming iPhone Update?
Facebook's Mark Zuckerberg and Apple's Tim Cook are fighting over iPhone privacy rules. At stake is the future of how iPhone user data is used by data brokers and advertisers.
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+15 +2
Nikola admits ousted chairman misled investors as legal costs mount
Embattled electric truck start-up Nikola has admitted its ousted founder and chairman, Trevor Milton, made several inaccurate statements from 2016 through the company’s IPO last year that misled investors. The company highlighted nine comments by Milton from July 2016 through July 2020 that were “inaccurate in whole or in part, when made,” according to its annual filing Thursday to the Securities and Exchange Commission.
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+28 +6
Welcome to McDonald's. A machine will take your order now
Drive-thrus are a lead generator of fast-food sales during the pandemic, and many chains, like McDonald's are trying to speed up the process by deploying new tech, including artificial intelligence for ordering.
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+17 +4
AT&T spins out DirecTV as a $16B company, a quarter of what it paid in 2015
AT&T today announced plans to spin out its various video businesses — DirecTV, AT&T TV, and U-Verse — into a new company that it will jointly control with TPG Capital. The deal sees AT&T holding on to a 70 percent stake in the company, with TPG getting the other 30. “The transaction to separate AT&T’s US video business into New DirecTV implies an enterprise value for the new company of $16.25 billion.”
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+23 +4
Gig Workers Gather Their Own Data to Check the Algorithm’s Math
Drivers for Uber, Lyft, and other firms are building apps to compare their mileage with pay slips. One group is selling the data to government agencies.
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+5 +1
How "Ugly" Labels Can Increase Purchase of Unattractive Produce
According to a recent report by the National Academies of Science, Engineering and Medicine (2020), each year in the U.S. farmers throw away up to 30% of their crops, equal to 66.5 million tons of edible produce, due to cosmetic imperfections. Such food waste has detrimental consequences for the environment: 96% of wasted food is left to decompose in landfills, releasing methane and contributing to climate change.
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+24 +4
Apple buys a company every three to four weeks
Apple has acquired about 100 companies over the last six years, the company’s chief executive Tim Cook has revealed. That works out at a company every three to four weeks, he told Apple’s annual meeting of shareholders on Tuesday.
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+11 +4
How a Shadow Army of Ghost Kitchens Took Over America’s Restaurants
Inside the brave new world of data-driven, search-optimized virtual restaurants that exist only on DoorDash and GrubHub
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+8 +1
Spotify: Price rise 'could push users into piracy'
Prices have been anchored at £9.99 for years, and Spotify says the situation isn't likely to change.
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+19 +7
This 28-year-old turned his college side hustle into a $1.3 billion start-up backed by Jeff Bezos
Francis Davidson rented out his college apartment over the summer for extra cash. Now, Sonder is a $1.3 billion start-up that may be the next big hospitality brand.
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+20 +4
Uber drivers are workers not self-employed, Supreme Court rules
Uber drivers must be treated as workers rather than self-employed, the UK's Supreme Court has ruled. The decision could mean thousands of Uber drivers are set to be entitled to minimum wage and holiday pay. The ruling could leave the ride-hailing app facing a hefty compensation bill, and have wider consequences for the gig economy.
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+20 +4
Huawei is apparently cutting its smartphone shipments in half this year
The fact that Huawei’s smartphone business isn’t doing so well is not new knowledge. Ongoing US sanctions have crippled Huawei’s phone sales, and it looks like 2021 is going to be one of the worst years for the company when it comes to shipping new handsets.
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+17 +3
Adidas Permanently Bans Fur - Receives Praise For Expanding Vegan Range
Adidas has committed to banning fur. While the sportswear giant doesn’t currently use fur in its collections, it has now become the becomes 1,500th apparel company to join Fur Free Retailer.
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+18 +4
Don’t Let Amazon and Airbnb Get Their Tentacles in Vaccine Distribution
The vaccine rollout in the United States has been a national embarrassment. A doctor in Houston was fired for using ten doses of vaccine that would have otherwise expired and gone to waste. Local and state sign-up portals are impossible to navigate, even for tech-literate adult children trying to enroll their elderly parents. There is seemingly unending confusion about overall supply, which states are desperately low on shots, and when the country can expect vaccine production to scale up to meet the urgency of the demand.
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