Quartz
Reddit is not a profitable company. For its first earnings report since its initial public offering March 21, the company reported a $575 million quarterly loss. Eight of its last quarters have been in the red. This is still a company focused on growth, and the way it will increase its revenue, per it’s S-1 filing, is…Read more...
The U.S. Federal Trade Commission (FTC) announced last week that it is, for the second time, disputing hundreds of “junk” patents listed in the Food and Drug Administration’s (FDA) Orange Book, a list of FDA-approved drugs. The challenges span 20 different brand name drugs — including Novo Nordisk’s Ozempic — and is…Read more...
The future of space travel depends on our ability to reach celestial pit stops faster and more efficiently. As such, NASA is working with a technology development company on a new propulsion system that could drop off humans on Mars in a relatively speedy two months’ time rather than the current nine month journey…Read more...
Airbnb was powered by the solar eclipse in its first quarter, reporting record bookings from travelers viewing the celestial event.Read more...
J.D. Power has released its annual ranking of airlines as determined by their scores on customer satisfaction surveys. J.D. Power’s annual North America Airline Satisfaction Study includes in its surveys categories for both “first/business class” and “premium economy.” For the first time in three years, Delta Air…Read more...
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