Innovative Business
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The credit industry isn’t working if you ask consumer advocates. The Big Three credit agencies—Equifax, TransUnion, and Experian—are …
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That old expression that the second time is a charm may apply in …
Good morning, Ledger readers. Today, Bitcoin finally crossed—nay, smashed—the psychological mark of $20,000, and is now trading around $20,600. It’s a remarkable milestone for a currency that’s been written off as worthless more times than I can count. …
Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today.
Big Tech’s lobbyists have their work cut out for them in Europe—and not just in the European Union.…
Good morning, Term Sheet readers.
Last week was one to remember for tech companies going public: DoorDash, Airbnb, and C3.ai all more than doubled in their initial public offerings, valuing the combined companies upward of $140 billion on an undiluted …
The COVID-19 pandemic has brought the global theater industry to a standstill. But 2020 is not the first time that the industry has faced an existential crisis. The theater community has confronted acts of terror such as 9/11 or the …
In the race to find effective COVID-19 treatments, scientists are setting up clinical trials that test multiple drugs simultaneously, in the hopes of quickly determining which ones work best.
These “platform” trials have already led to important breakthroughs.
One, sponsored …
Airbnb gets a stock market grand slam, and a venture capitalists predict what will happen with regulation in 2021.
Happy Friday, Term Sheet readers. It’s been one heck of a week in unicorn debuts, with shares of Airbnb more than …
A small U.K. startup has developed an algorithm that significantly reduces the level of quantum computing power needed to run a calculation that could pave the way for the development of exotic new materials.
Scientists from the company, Phasecraft, …
Starbucks named finance executive Mellody Hobson to lead its board as chair, making her one of the highest-profile Black directors in corporate America.
Hobson, co-chief executive officer of Ariel Investments, replaces Myron Ullman, who’s retiring. The transition will occur …
