Schick razor’s parent, Edgewell Personal Care, abandoned its proposed $1.37 billion purchase of razor startup Harry’s in the face of opposition from the Federal Trade Commission. The FTC last week said it planned to sue to block the deal, alleging it would hurt competition in the razor market. Harry’s sells cut-price razors to consumers directly. The FTC noted last week that the startup was a...
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Live from SF, It’s Tech Week
Hi, welcome to your Weekend.It was the boom-iest of times, it was the doom-iest of times. At least that’s how it feels right now in Dickensian San Francisco, where AI companies are setting up shop on every avenue, while fentanyl dealers are hanging out in every alley. I joke—but seriously, it’s wild out here. No fewer than 17 of the 35 startups listed on The Information’s new Generative AI...
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