Month: June 2018

Chattanooga, Tennessee has found a way to reinvent itself as a startup center of the South

Chattanooga, Tennessee has a promising startup scene that is intimately supported by the city government. The city struggled for decades in the wake of post-industrialization, but was reinvigorated by city-operated high-speed internet and pro-entrepreneur policies. AOL cofounder Steve Case highlighted the city’s scene in May through his Rise of the Rest bus tour. This article […]

Amazon’s playbook for upending healthcare just got a lot clearer — here’s why it should terrify the pharmaceutical industry (AMZN)

Amazon just signaled its intent to get into the pharmaceutical business through the acquisition of a startup called PillPack. News of the acquisition sent pharmaceutical stocks into a frenzy. The acquisition gives Amazon the ability to mail prescriptions around the US — and makes its healthcare playbook a lot clearer.  After more than a year […]

Crypto exchange Uphold is the latest to use M&A to trade securities, just 3 weeks after Coinbase did the same thing

Uphold, a cryptocurrency and global currency exchange, has looked to acquisition to get the licenses necessary to trade securities in compliance with the Securities and Exchange Commission. On Wednesday, Uphold announced its plans to acquire JNK Securities Corp., a registered broker-dealer that works with institutional clients. While Uphold doesn’t trade stocks, it does sell eight […]

Obama visited a top-tier Sand Hill Road venture capital firm on a Silicon Valley trip

Former President Barack Obama visited the Andreessen Horowitz offices in Menlo Park, California on Friday. Obama previously said he finds “conversations I have with Silicon Valley and with venture capital” to be “really satisfying.” Former President Barack Obama visited the Andreessen Horowitz offices in Menlo Park, California, according to a photograph posted late Friday by […]

What California’s Tough New Data Protection Bill Means for Tech

California just passed the strictest data privacy bill in the U.S., with potentially major implications for large purveyors of data like Facebook (FB) and Alphabet’s Google (GOOGL). The law, which takes effect in 2020, gives consumers more control over their personal data by giving them the right to know what information companies like Google and […]