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Finance

Tesla has lost $1B so far in 2019

Published on 07/27/2019 @ 1 AM EST
In addition to the $702 million loss last quarter, they’ve announced a loss of $408 million this quarter. Elon Musk says there’s “too much to focus on” but “the future is, fundamentally, the Model 3 and Model Y."

Slack files to go public

Published on 04/28/2019 @ 1 AM EST
Using a direct listing to bypass the usual IPO process, Slack is listing its shares directly on the NYSE with the symbol SK. They were last valued at $7 billion.

Uber (finally) files for IPO

Published on 04/13/2019 @ 1 AM EST
Filing their S-1, Uber is looking to go public next month, a much-anticipated event for the brand. It’s reported they’re looking to sell $10 billion worth of stock. Uber rival Lyft went public last month.

Malware increase in lead-up to Tax Day

Published on 04/08/2019 @ 10 AM EST
TrickBot is a financial trojan targeting Windows devices via a malicious Excel document. From there, the malware extends to other connected devices, hunting for passwords to online banking.

Elvie raises $42m for products for women

Published on 04/07/2019 @ 1 AM EST
The biggest investment in femtech, Evie is planning to add more women-based smart products to their lineup. So far, their silent wearable breast pump and their app-powered Kegel device are grabbing the attention of women everywhere, and investors are noticing.

Casper sees 49% increase in revenue

Published on 03/31/2019 @ 1 AM EST
The mattress-cum-sleep tech brand had a $105.3 million increase in Q3 2018, equating to 60% more than previous Q3s. Casper sells both online and through their stores while also via Target, Costco, and Amazon.