Category: utah
Google faces a major multi-state antitrust lawsuit over Google Play fees
A group of 37 attorneys general filed a second major multi-state antitrust lawsuit against Google Wednesday, accusing the company of abusing its market power to stifle competitors and forcing consumers into in-app payments that grant the company a hefty cut. New York Attorney General Letitia James is co-leading the suit…
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Brex applies for bank charter, taps former Silicon Valley Bank exec as CEO of Brex Bank
Brex is the latest fintech to apply for a bank charter. The fast-growing company, which sells a credit card tailored for startups with Emigrant Bank currently acting as the issuer, announced Friday that it has submitted an application with the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of…
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Two $50M-ish ARR companies talk growth and plans for the coming quarters
Lost amongst all the IPO chatter of the mega-unicorns are a crop of companies reaching their stride, often flush with capital, ready with big plans, and still with some time before they go public. This group of companies are what we’re calling our $50 million annual recurring revenue (ARR) group,…
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Cake brings a Swedish take on e-motorcycle design to the U.S.
Cake has crafted the Swedish edition of electric motorcycle design starting in the dirt. The Stockholm based mobility startup’s debut, the Kalk OR, is a 150 pound, battery powered two-wheeler engineered for agile off-road riding and available in a street-legal version. On appearance, Cake’s Kalk has a minimalist stance and…
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Banjo CEO resigns to preserve the company’s AI surveillance deals
Banjo is shuffling its leadership in a bid to keep its AI surveillance business with Utah and other customers worried about CEO Damien Patton’s racist past. Patton has resigned from the CEO position effective immediately, with CTO Justin Lindsey taki… Source
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The Station: Audi punts on Level 3, Lyft layoffs and Nio’s $1 billion deal
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi readers. Welcome back to The Station, a weekly newsletter dedicated to the future (and present) of transportation. I’m your host Kirsten Korosec,…
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