EV automaker Lucid Motors on Wednesday slashed its annual production guidance in half due to what CEO Peter Rawlinson described as “extraordinary supply chain and logistics challenges.” Shares of Lucid fell more than 12% in after-market trading following the release of its second-quarter earning…

“Lightyear” was the first Pixar movie in two years to make it to theaters. A month and a half later, it finally hits the streaming platform Disney+. Today, August 3, subscribers can watch the “Toy Story” spin-off at home. Of note, this is the first Disney and Pixar animated film on Disney+ w…

Andreessen Horowitz’s recent hire of former Jordan Park Group Chief Investment Officer Michel Del Buono suggests the venture capital firm is getting into startup founder wealth management. The outfit, more commonly known as a16z, confirmed Del Buono’s hire as CIO to oversee those types of servic…

Dish reported today that its streaming service Sling TV declined in subscribers during the second quarter of 2022, with a net loss of 55,000. This significantly differs from the first quarter of 2022, when it lost 234,000 subscribers. However, this is the third straight quarter that it has seen a dr…

Facebook is shutting down its live shopping feature on October 1st to shift its focus to Reels, the company announced in a blog post. After this date, you will no longer be able to host any new or scheduled live shopping events on Facebook, the company says. The social media network notes that you w…

Today in New York City, OnePlus held its first in-person launch event in two-plus years. That’s a lot of time away for a company that’s leaned so heavy on its fanbase for previous launches. Accordingly, the Gotham Hall event packed in fans and members of the press. COVID-19 may still be looming,…

Although the mobile app boom driven by pandemic lockdowns has long since passed, consumers’ mobile usage is still growing. According to new data released today by app intelligence firm data.ai (previously App Annie), consumers in over a dozen worldwide markets are now spending four to five hours p…

Anyone who has ever applied for an apartment or a mortgage knows that these companies tend to collect much more information than they need to determine if you can afford the monthly payment. The application process often involves pages of data about you and your life, but what if companies could gra…

In the world of beauty, independent professionals often end up renting a chair in a salon. Glambook reckons that market is ripe for some tech-forward disruption, not dissimilar from renting a chair in someone’s car (Uber) a desk in someone’s office (WeWork), or a room with a view in someone’s …

Employee benefits platform Ben today announced it has raised $16 million in a series A round of funding led by European VC giant Atomico. While salary is undoubtedly the main draw in a company’s compensation offer, additional “perks” can help sweeten the deal for current or would-be employees …