Lessons From a Failing Company

When Leigh Radford was young, her father worked in logistics at Procter & Gamble, formulating new products and technologies for Pringles. Radford’s mother worked as an educator at the University of Cincinnati, specializing in early-childhood education. Later, Radford worked for Eastern Air Lines, which would become Continental Airlines, before going on to get her master’s […]

Essential buys the company behind Newton Mail

The Newton Mail subscription service might be dead, but its owner just found an unusual lifeline. Essential has acquired Newton developer CloudMagic for an unspecified amount. The phone maker didn’t say just what it would do with its new purchase, but said it was constantly searching for companies that could “accelerate [its] product roadmap.” Terms […]

An investment company is going bananas after saying it’s spinning off its crypto-mining business to position for a ‘bitcoin recovery’ (DPW)

Stephen Lam/Getty Images The investment company DPW Holdings has announced plans to spin off its crypto-mining business, Super Crypto Mining. It says it will pay a special dividend to shareholders of at least 80% of Super Crypto’s common stock. DPW says the spin-off will position Super Crypto for a “bitcoin recovery.” DPW shares spiked more […]

Microsoft briefly dethrones Apple as the most valuable US company (AAPL, MSFT)

Reuters/Shannon Stapleton Microsoft briefly surpassed Apple as the most valuable US company. It passed Apple on Monday with a market value of about $ 812 billion. Watch Microsoft and Apple trade live. Microsoft on Monday briefly surpassed Apple as the most valuable company in the US, with a market capitalization of about $ 812 billion. […]

Will the Next Great Tech Company Come From the Developing World?

When I walked into Sidra Qasim and Waqas Ali’s apartment in San Francisco, the couple looked straight at my feet. “Your shoes are 12.5?” Ali asked. I nodded. “He’s very good at that,” Qasim, his wife, said, a smile tugging at the sides of her mouth. The couple have been designing shoes for nearly a […]

These old Apple ads show how similar — and different — the company and its products were back in the day

macmothership.com I recently stumbled on an old Apple ad from 1993 that advertised Macs as a more affordable computer option. That’s clearly not the case anymore, as Apple computers tend to be more expensive than its competition these days.  Curious to find out how else Apple as a company and its products differed from the […]

Elon Musk’s SpaceX is the latest big tech company to tap the risky leveraged loan market

Kevork Djansezian/Getty Images SpaceX, one of Tesla CEO Elon Musk’s major business ventures, tapped the risky leveraged loan market. The $ 250 million deal received a mixed reception from investors given SpaceX’s cash burning history. The company previously relied on private equity funding but now follows Tesla in tapping debt markets. Elon Musk is loving […]

Boring Company breaks through to the end of its first test tunnel

We’re about a month away from the planned opening of The Boring Company’s Test Tunnel in LA, and it appears progress is moving along. Elon Musk tweeted this brief video of a digging machine breaking through. Although he wasn’t specific about the location, it looks like they’ve reached O’Leary Station where the first test tunnel […]