uBiome Co-founders Charged with Fraud

uBiome Co-founders Charged with Fraud

The co-founders of fecal testing startup uBiome are having a crappy month. On March 18, 2021, they were indicted in a California federal court on charges of healthcare fraud, wire fraud, and related conspiracy charges. And now the Securities and Exchange Commission is...
Biggest Starbucks On the Planet Opens in Chicago

Biggest Starbucks On the Planet Opens in Chicago

The new Starbucks Reserve Roastery in the center of Chicago’s Magnificent Mile looks like a steampunk-themed art house. The 35,000-square-foot space is welcoming, a restful palace of calm greens, pale oak, bronze, and slate, with a coffee-bar so deeply-retro-futurist...
Google Buys Fitbit for $2.1 Billion

Google Buys Fitbit for $2.1 Billion

For half a decade, Google’s Wear OS (also known as Android Wear) has struggled along in the world of fitness trackers. A year after its launch, it trailed well behind Fitbit, Jawbone, and Apple Watch, with just 10% of the market share. Google partnered with dozens of...
Carpooling App Scoop Closes $60M Funding Round

Carpooling App Scoop Closes $60M Funding Round

Scoop, put plainly, is like UberPool for companies. And it’s clearly doing something right because it just closed a $60 million funding round led by Activate Capital, which brings the company’s total funding to $106 million. The carpooling startup, which launched in...
The Uber IPO in Two Words: Womp Womp

The Uber IPO in Two Words: Womp Womp

Uber had its IPO today—May 10, 2019—but it turned out to be kind of a bummer for the company. It priced its shares at $45 for its IPO, but it began trading on the New York Stock Exchange at $42 per share. Three dollars per share doesn’t sound like a lot, but when you...
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