startup

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A Big First: Communication Through Dreams

REMspace suggests people could accomplish real-life tasks, like starting a kettle, while asleep

(Newser) - A California-based sleep research startup believes the next groundbreaking advancement for humanity will be in accomplishing real-life tasks while asleep. And as it works toward that goal, REMspace is heralding a remarkable achievement: the first communication between two dreaming people, per Interesting Engineering . On Sept. 24, researchers observed two sleeping...

Meet the 'Tech Bros' Sending Sulfur Dioxide Into the Sky

A look at a start-up that's gone all in on stratospheric solar geoengineering

(Newser) - Scientists at Harvard, Cornell, and beyond have been investigating the possibility of stratospheric solar geoengineering—that is, combating global warming by releasing aerosols into the stratosphere to reflect the sun's heat. But as David Gelles writes for the New York Times , "All geoengineering is not created equal ... [others]...

Startup Says It's Got a Solution for America's Missile Problem

Anduril says its Barracuda models will be much cheaper, easier to make than its rivals' units

(Newser) - If you're a Lord of the Rings super fan, you surely know of Anduril , the sword billed as the "Flame of the West" that pops up periodically in the film franchise. It's also now the name of a $14 billion defense tech startup that's boasting a...

These US Cities Rank Best for Startups

Coworking Mag lists the best places for entrepreneurs to lay ground

(Newser) - San Francisco tops Coworking Mag's ranking of best cities in the US for startups, and with its proximity to Silicon Valley, that's not really a head-scratcher. Propelled by ample angel investors and accelerators, 361 startups formed there in 2023—three measures that fall within the four metrics they...

Starting a Business? Best and Worst States

You might want to head West to Utah

(Newser) - If you want to hang your shingle and start up a small business, there are certain states that are more willing to help out your dreams of a dog-treat bakery or fly-fishing shop. Wallethub crunched the numbers, looking at metrics that included business environment (growth in the number of startups,...

Looking to Start a Biz? Check Out These Cities

Orlando tops WalletHub's ranking of America's most startup-friendly places

(Newser) - It's been a tough few years for business owners across the nation, from the pandemic to rising prices due to inflation. However, current challenges haven't stopped some from mulling over launching their own business—a sign of what WalletHub calls Americans' unstoppable "entrepreneurial streak." In an...

They Played Ads in Doctors' Offices, Are Guilty of Fraud

Outcome Health's former leaders inflated numbers, lied to clients and investors

(Newser) - As far as health-tech startup concepts go, Outcome Health's was fairly basic: It put TV screens and tablets in doctor's offices and waiting rooms and ran big-name pharmaceutical companies' ads on them, reaching a valuation of $5.5 billion in May 2017. But the Wall Street Journal pulled...

They Couldn't Get a Mortgage. Divvy Helped—Maybe

The rent-to-own startup has some unhappy customers

(Newser) - Divvy was partly born out of the American dream realized, or so writes Ainsley Harris for Fast Company . Co-founder and CEO Adena Hefets is the daughter of an Israeli immigrant who "lucked into homeownership through seller financing, after being denied a mortgage," and then was able to help...

His Startup Is About to Go Public. He's Also a Killer

Inside the story of Harel Hershtik

(Newser) - When he was 20 years old, Harel Hershtik planned and executed a murder, shooting his victim in the head and burying the body in a crime that a quarter of a century later is still widely remembered for its grisly details. Today, he is the brains behind an Israeli health-tech...

Another Silicon Valley Whiz Kid Accused of Exaggerating Everything

'New York Times' out with critical story about Ryan Breslow of Bolt

(Newser) - Ryan Breslow dropped out of Stanford in 2014 to start Bolt Financial, which “promised to shake up the boring but important business of online payments,” according to the New York Times, which interviewed dozens of former and current employees, clients, and investors about the company’s current state....

Inside the Unraveling of Couchsurfing.com
Inside the Unraveling
of Couchsurfing.com
longform
Sep 19, 2021 5:40 PM CDT

Inside the Unraveling of Couchsurfing.com

It all started with a trip to Iceland

(Newser) - The bloom is off the rose for Couchsurfing.com, and has been for some time. What Andrew Fedorov, writing for Input , calls a "once-utopian accommodations site" has been walloped by a series of issues in recent years: the 2011 decision to ditch the non-profit dream and accept millions in...

Stripe's New Valuation: $95B
There's a New
Most Valuable Startup
Mar 15, 2021 6:10 PM CDT

There's a New Most Valuable Startup

Funding pushes Stripe past SpaceX and Instacart

(Newser) - Stripe's new round of funding has left SpaceX and Instacart in the dust. The payments processing company announced it had added $600 million on Sunday, for a valuation of $95 billion. That shoots Stripe past SpaceX, which is valued at $74 billion, and Instacart, which is pegged at $39...

Professor Who Built Startups at School Can Sue Over Firing

Georgia Tech says Joy Laskar used university resources to help his companies

(Newser) - A decade ago, the Georgia Institute of Technology fired a professor, saying that, by launching secret startups tied to his university work, he'd crossed the line between academic research and the tech industry. Joy Laskar was indicted on charges of misusing $1 million in university money but never tried...

Apple to Small Startup: Ditch That Logo or Else

The tech giant sues Prepear over its logo of, you guessed it, a pear

(Newser) - Note to small startups: Try not using a fruit logo. Apple might get mad. The tech behemoth has again filed suit over a fruity logo—this time against a five-employee startup called Prepear that advertises itself with the image of a green pear, Entrepreneur reports. Now Russell Monson, the recipe...

The Wing, Rocked by Controversy, Bids Adieu to CEO

Audrey Gelman resigns from the Wing after backlash from employees

(Newser) - When the Wing was launched in 2016, it was designed to be a co-working space and social club for women only. Now, CEO and co-founder Audrey Gelman has stepped down, amid accusations the startup doesn't put its feminist and racial equality ideals into practice. "The decision is the...

Slack Messages Doom CEO of Luggage Startup
Startup CEO's 
Slack Messages
Did Her In
in case you missed it
Dec 14, 2019 3:00 PM CST

Startup CEO's Slack Messages Did Her In

Steph Korey stepping down from luggage company Away after 'Slack bullying' revealed in Verge report

(Newser) - Last week, an explosive expose by the Verge focused on Away, a luggage startup that ex-employees claimed hid a "toxic work culture," despite a cheerful public-facing message of travel and inclusion. In this "cutthroat culture," workers were said to work "exceedingly long hours" and pressured...

Familiar Business Name Has a New Startup

Travis Kalanick, formerly of Uber, is betting on food delivery with CloudKitchens

(Newser) - The ousted founder of Uber is back in the business spotlight with a new startup, one that is attracting big money. The Wall Street Journal reports that Travis Kalanick has gotten $400 million from a sovereign-wealth fund in Saudi Arabia for his company, CloudKitchens. The idea behind the firm revolves...

Report: WeWork Directors Want to Oust Eccentric CEO

Adam Neumann could be pushed out Monday

(Newser) - Directors at office-sharing company WeWork are considering kicking eccentric co-founder Adam Neumann out of the CEO's office, insiders say. Sources tell the Wall Street Journal that a group of directors—including some linked to Japanese conglomerate SoftBank, the company's biggest investor—want him ousted to salvage an IPO...

Attorney: 'Blood on the Hands' of Cities That Allow E-Scooters

Injuries from the motorized devices now a daily problem in ERs

(Newser) - It felt like grains of salt floating around Earl Wilkinson's mouth. "In fact, they were teeth remnants"—the result of the 52-year-old's face-plant during an electric scooter crash. Wilkinson ended up in the emergency room with a broken arm in what BuzzFeed describes as a fairly...

10 Best Big US Cities to Launch a Business

Oklahoma City is first on the list

(Newser) - If you've got the entrepreneurial itch and are on the hunt for the best place to jump-start a business, WalletHub has some insights. The site pulled out more than 180 large US cities and looked at 19 key metrics for each in three main categories: business environment, including the...

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