Alibaba-Backed Delivery Startup GogoX Navigates a Tough IPO Market

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Mental-Health Startup Cerebral Investigated by FTC

The Federal Trade Commission has begun an investigation into mental-health startup Cerebral Inc., according to a letter the FTC sent the company that was reviewed by The Wall Street Journal. In the letter dated June 1, the FTC said it was investigating whether Cerebral engaged in deceptive or unfair practices related to advertising or marketing … Read more

Twin Entrepreneurs Build Business With Positive Messages – NBC 5 Dallas-Fort Worth

Seventeen-year-old twins Sydney and Shea Hinckley of Dallas share a lot in life, including a business. The teenage entrepreneurs started UPwords; a clothing, accessories, and home goods business geared towards spreading positive messages. “It just started with something we thought we needed,” Shea said. “With social media especially being so prominent in our lives, you … Read more

As Markets Reel, Startups Hope for ‘Flat’ Rounds

Not long ago entrepreneurs in hot sectors like healthtech watched their valuations leap with each new round of venture funding. Now, with capital markets tumbling, startups that manage to raise new funding at the same price per share as their last one — a flat round — are calling it a victory. Take H1, a … Read more

How I Turned My Love For Photography Into A $ 177K Business | On The Side – CNBC Make It

How I Turned My Love For Photography Into A $ 177K Business | On The SideCNBC Make It This 23-year-old spent $ 45,000 to become a wedding photographer — now she makes $ 177,000 per yearCNBC View Full Coverage on Google News

Renovating A $ 155K Mansion In North Carolina | Unlocked – CNBC Make It

Renovating A $ 155K Mansion In North Carolina | UnlockedCNBC Make It This couple bought and renovated a 109-year-old mansion for less than $ 500,000. Now it’s worth $ 900,000 – take a look insideCNBC View Full Coverage on Google News

Walmart, CVS to Stop Filling Controlled-Substance Prescriptions for Cerebral, Done

CVS Health spirit Walmart will stop filling prescriptions for controlled substances ordered by clinicians working for Cerebral Inc. and Done Health, the broadest curbs yet by major pharmacies against the telehealth companies following scrutiny of their prescription practices. A CVS spokesman confirmed the change, citing concerns with the two companies following a review it conducted. … Read more

Tech Leaders Can Do More To Avoid Unintended Consequences

In 1936, social scientist Robert Merton proposed a framework for understanding different types of unanticipated consequences — perverse results, unexpected drawbacks, and unforeseen benefits. Merton’s choice of words (“unanticipated” rather than “unintended”) was by no means random. But the terms have, over time, become conflated. “Unanticipated” gets at our inability or unwillingness to predict future … Read more

Ford Unloads Further 7 Million Shares of Electric-Vehicle Startup Rivian

Ford Motor said it unloaded more shares of Rivian Automotive Inc., further pressuring the electric-truck maker’s battered stock price. Ford sold 7 million Rivian shares at a price of $ 26.88, the company said in a regulatory filing late Friday. That followed an 8-million-share sale earlier in the week at about the same price.

How I Built A $ 4.2 Billion Space Start-Up | Founder Effect – CNBC Make It

How I Built A $ 4.2 Billion Space Start-Up | Founder EffectCNBC Make It How an ex-Blue Origin intern got a $ 500,000 check from Mark Cuban to build a major SpaceX rivalCNBC View Full Coverage on Google News