Allbirds reported wider net losses as the wool sneaker seller’s push into physical stores sent expenses higher. Allbirds, which historically sold its wares directly to its customers instead of through online marketplaces like Amazon, now plans to start selling its goods at outside retailers this year to expand brand exposure, the company’s co-founder, and co-CEO Joey Zwillinger said on a...
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The Weekend Startups AI
The Shaky Mental State of Silicon Valley
Hi, welcome to your Weekend! Next month, when the San Francisco Board of Supervisors reconvenes after its summer recess, one of the matters up for discussion will be a resolution to decriminalize the use of psychedelics. While San Franciscans have never needed Board approval to partake in the wonders of nature, you can bet plenty of tech workers around town will be rooting for a yay...
Peloton Announces Job Cuts, Store Closures and Price Hikes
South Korea’s Mirae Asset Management Led $250 million SpaceX Investment
Founder of Crypto Exchange Houbi in Talks to Sell Stake for $1 Billion
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