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- Will's Weekly Roundup
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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