News
Facebook lowers expectations for upcoming Ray-Ban smart glasses
Facebook CFO David Wehner lowered expectations for what that the company’s upcoming AR-style smart glasses will be capable of. Facebook...
Gatorade releases smart patch to measure sweat and dehydration
Gatorade is launching its first wearable device, the Gx Sweat Patch. The single-use patch will measure fitness and hydration levels...
Walmart hires Goldman talent to head new fintech start-up
Walmart has nabbed two Goldman Sachs bankers as the retail giant looks for other ways to drive revenue, from advertising...
FTC investigates e-cigarette firms over marketing practices
The FTC is issuing orders to five e-cigarette companies including Juul and R.J. Reynolds for information on 2019-2020 sales, advertising...
Virginia lawmakers vote to legalize marijuana
The move makes Virginia the first Southern state to legalize marijuana following 15 other states and the District of Columbia....
FDA approves J&J’s single-shot Covid vaccine
Unlike Pfizer’s and Moderna’s vaccines, J&J’s one-dose regimen eliminates the need for patients to return for a second dose and...
Democratic lawmakers wrestle with Biden immigration agenda
Democratic lawmakers are wrestling with how to move forward with a series of immigration bills that would legalize undocumented immigrants. Lawmakers are...
The Chinese budget electric car taking on Tesla
A budget electric vehicle (EV) selling in China for $4,500 is outselling Tesla’s more upmarket cars. A new compact...
Airbnb reports loss but beats revenue expectations in quarterly earnings
Airbnb reported a loss of $3.89 billion in its first earnings report since its IPO late last year. Short-term rental...
Virgin Galactic shares fall as next spaceflight test delayed until May
The space tourism company reported an adjusted EBITDA loss of $59.5 million, down slightly from a loss of $66 million...
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