News

Ridesharing
UK Drivers File GDPR Lawsuit Against Uber
March 22, 2019

Four U.K. Uber drivers are filing a lawsuit against the company for alleged violations of EU’s General Data Protection Regulation (GDPR) law, according to a report by CNBC. The drivers claim that Uber is “failing to honor its obligations” under the law. GDPR rules state...

Bitcoin
Report: Almost 95 Pct Of Bitcoin Trading Is Fake
March 22, 2019

After sharp drops in bitcoin prices, a new study posits that almost 95 percent of all reported bitcoin trading is made artificially via exchanges that are unregulated. Bitwise Asset Management analyzed 81 exchanges during a four-day period in March for its report, which suggests bitcoin’s...

Delivery
‘Ghost’ Kitchens Play Bigger Role In Food Delivery
March 22, 2019

As restaurants continue to wrestle with the questions that come with food delivery — how to make enough money, whether to work with third-party operators, how to manage customer relationships — a new factor is gaining significance. Kitchens designed to handle only delivery orders are increasing in...

Investments
Ex-Uber CEO Backs Freight Startup Kargo
March 22, 2019

The former CEO of Uber, Travis Kalanick, has invested in a trucking and logistics startup some are calling “Uber for trucks.” Kalanick, along with Sequoia Capital, participated in a $7.6 million funding round for Kargo, according to reports. Get the Full Story Complete the form...

Social Commerce
Snap Seeks Ads From Pharmaceutical Companies
March 22, 2019

In an effort to have big pharma companies advertise on Snapchat, the social media platform is reportedly pitching itself as a friendlier alternative to Twitter and Facebook. The idea is that younger people might be more open to ads focusing on health matters — and...

Retail
The On-Demand Alternative To Self-Storage
March 22, 2019

Moving belongings into storage is no easy task, requiring labor, time and space that people often don’t have. Callbox Storage co-founder and CEO Kyle Bainter experienced this challenge firsthand when he was remodeling a master bedroom. He called around to find a unit to store his...

Retail
Snowe, Simplicity And (Literally) Making Bedding Out Of Air
March 22, 2019

There is no shortage of direct-to-consumer (DTC) eCommerce firms offering luxurious, hotel-quality sheets to consumers — and doing so at a price that reflects a more middle class-focused approach to normally luxury items. Boll & Branch, Brooklinen and Parachute all offer something in that vein. Get the...

Retail
Retail Pulse: Framebridge Opens DC Store; Starbucks Hits 30,000-Location Milestone
March 22, 2019

Online brands are stepping into the world of brick-and-mortar, opening their own physical locations to help consumers experience their concepts in real life with the help of digital technology. Custom eCommerce framing startup Framebridge is opening its own in Washington, D.C., and Bethesda, Maryland, that will...

Retail
Rent The Runway Valued At $1B After Funding Round
March 22, 2019

In a round that brought in a $1 billion valuation for the company, clothing subscription service Rent the Runway notched $125 million in funding. Bain Capital Ventures and Franklin Templeton Investments led the investment, according to reports. Get the Full Story Complete the form to...