EVs on track to surpass adoption targets: An electrified future could happen sooner thanks to a range of prices and model choices, high gas prices, and promised charging infrastructure.
Rivian grew too quickly: The EV truck maker rushes to reduce its workforce after a hiring surge and persistent economic headwinds. The intensifying layoff trend could be a sign of strife in various industries.
PepsiCo and Costco take opposing approaches to inflation: The CPG giant is relying on higher prices to mitigate cost increases while the retailer focuses on retaining cost-conscious shoppers.
On today's episode, we discuss what Google is up to in the healthcare space: how Google is turning Search and YouTube into consumer health tools, how it could disrupt electronic health records, and what Google's relationship with healthcare will look like in five years. "In Other News," we talk about AI scanning medical records to improve your health and whether digital health startups are living up to their hype. Tune in to the discussion with our analysts Lisa Phillips and Rajiv Leventhal.
Investors’ interest in Series A funding rounds remains unwavered, according to Rock Health’s latest report. We detail what type of startups could continue seeing investment dollars amid a looming recession.
Meta’s slacker witch hunt: Meta begins weeding out the very engineers it might need to grow its metaverse. Cutting jobs may be necessary, but doing so requires tact.
Elon’s fan club lobbies FCC: Starlink rallies 70,000 letters in opposition to sharing 12GHz with 5G. But the issue might just be the beginning of Starlink’s 5G problems.
It’s buying a banking license and using its funding to build the tech behind its operations, laying the foundation for a super app.
Has Amazon Prime hit a wall? Stagnating user growth in the US is hampering the ecommerce giant’s growth potential.
Google is proposing concessions to avoid antitrust concerns: One idea to divide up portions of its ad business may not be enough to appease the DOJ.
Gap faces a difficult road ahead: The retailer fired CEO Sonia Syngal and said it expects its Q2 operating margin to be zero to slightly negative.
Kohl’s shakes up its merchandising strategy: "Discover @ Kohl’s,” a rotating selection of emerging, established, and diverse-owned brands, is now available at select stores and online.
This year, Amazon will see $12.52 billion in Prime Day sales worldwide, per our estimates. The US will account for more than 60% of Prime Day sales, but outside of the US, sales growth will be stronger as Amazon brings the shopping event to more international markets.