Will's Weekly Roundup

Aug 7th - Aug 13th

Will's Weekly Roundup is a curated list of tech, business, and startup headlines from last week to kickstart your Monday.

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Business

The business headlines you missed (or need to see again)...

Crocs - Crocs reported record revenues surpassing $1 billion in Q2. LINK

UPS - UPS drivers will soon make $170k per year. LINK

Barstool - Dave Portnoy bought back Barstool Sports for $1. LINK

Rent - The average Manhattan rent just hit a new record of $5,588 a month. LINK

Zoom - Zoom is now asking workers to come in 2 days a week. LINK

Uber - Uber posted its first operating profit since 2009. LINK

MrBeast - MrBeast is suing his ghost kitchen partner over ‘inedible’ MrBeast burgers. LINK

Reels - Instagram Reels has 140 billion daily views, approaching TikTok's 200 billion. LINK

Sportsbooks - ESPN launched a sportsbook. LINK

China - The US banned future investments in Chinese AI, semiconductors, and quantum computing. LINK

Tech

The tech headlines you missed (or need to see again)...

Neuralink - Elon Musk’s brain implant startup Neuralink raised $280 million from Peter Thiel’s VC fund. LINK

Reactors - America’s first new nuclear reactor in 7 years is generating clean, zero-emissions energy for about 50k homes and businesses in Georgia. LINK

Air Taxis - Shares of Archer jumped over 40% after the air taxi maker secured a $142 million deal with the US Air Force. LINK

Moon - Russia launched its first moon mission since 1976. LINK

Okta - The identity management company Okta wants to introduce voice verification as part of its multi-factor authentication system. LINK

Boring Co - Musk’s Boring Company got the ok to dig 68 miles of tunnels under Las Vegas with the hope of eliminating traffic. LINK

Tesla Semi - Tesla is looking to build an electric semi-truck charging station route from Texas to California. LINK

Watchlist

Startups and companies I’m keeping an eye on…

Woodio is a Finnish interior design brand making bathroom sinks and bathtubs out of a sustainable waterproof wood composite designed to replace ceramic and stone materials. LINK

Simbe Robotics is building autonomous AI inventory robots. The company recently received $28 million in funding. LINK

Hedonova is one fund for all alternative investments. LINK

Satim is a Polish startup using AI to detect and classify maritime vessels anywhere in the world. The company recently raised $2 million. LINK

Serve Robotics develops and operates self-driving robots that deliver food and other goods in public spaces, similar to the Grubhub robots. LINK

Airalo is the world's first eSIM store that solves the pain of high roaming bills by giving you access to hundreds of digital SIM cards globally at affordable prices. LINK

Top Picks

Specific articles and videos worth taking a look at…

What caused the Hawaii wildfires? BBC

A look inside Sam Bankman-Fried’s empire before it collapsed. BLOOMBERG

Outside Interests

Interesting internet finds…

Wine - Bordeaux vineyards have reported that mildew is ravaging this summer’s merlot and cabernet harvests, with up to 90% of some plots affected as a result of humid weather. LINK

Oppenheimer - The Oppenheimer movie has made over $550+ million worldwide, making it the highest-grossing R-rated movie of 2023. LINK

NYC Rats - New York City's crackdown on rats is working, with complaints about the rodents down 20%. LINK

Israel - The US provides Israel with $3.8 billion every year, totaling $158 billion to date. LINK

Unused Ingredients - Little Cook is an app that turns unused ingredients into delicious new dishes. LINK

Ukraine - President Biden has asked Congress for an additional $24 billion in Ukraine funds. LINK

Shawshank - Did you know that Stephen King wrote the novella that became Shawshank Redemption? LINK

Church - Church attendance has shown a small decline compared with pre-pandemic data, as just 31% of people surveyed reported attending church in the last 7 days. LINK

Visuals

Three visuals worth taking a look at...

College tuition has outpaced how much people earn by almost 10x.

A map of Series A startup fundraising.

The last 20 years of fed fund rates.

Wisdom

Two quotes of wisdom...

"Economic forecasting makes astrology look like science." — Edgar Fiedler

"Just remember 5 years ago, you dreamed about where you are now." — Younger You

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