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Taco Bell is hosting a 70-room pop-up hotel and resort called “The Bell” in Palm Springs. It will be open for 4 days in August at $169/night, but you’re out of luck if you want to book a room — reservations sold out 2 minutes after opening.
Taco Bell apparently sees itself as “already in the hospitality business” because of its Taco Bell Cantina restaurants, which serve alcohol. It plans to open 300+ locations in the next 4 years, and the hotel pop-up is reportedly an extension of that.
In the meantime, I guess we’ll just have to make do with Cheetos bathing suits and lip balm.
Taco Bell via Fast Company
Let's make a deal
Over 3.6K AI startups around the world have raised equity funding since 2013. We visualize the deals by startups' core industries and cross-industry applications in a heatmap.
Check it out here.
The big bucks
Tech giants Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) have collectively made almost 750 acquisitions over the last 30 years.
Some of their biggest checks have been written for billions of dollars, like Microsoft's $26.2B acquisition of LinkedIn and Amazon's $13.7B Whole Foods purchase.
We've created a visual timeline of every $1B+ acquisition made by each FAMGA company. Check it out here.
Great marketing or no?
So this coffee chain in LA — which none of my friends in LA have heard of — banned Kawhi Leonard after he signed with the Los Angeles Clippers.
And then it got press in Eater LA and other publications.
This is great marketing, IMO. What do you think?
TBH, folks are quite torn about this based on the conversation we started here.
Finance is one of the industries hit hardest by cyber criminals in recent years. Now private companies are rising to the challenge.
From data security to behavioral analytics to authentication, we mapped out 140+ cybersecurity startups with specific use cases for financial services. Expert Intelligence clients can see them all here.
Times are changing
Deutsche Bank announced on Sunday that it will lay off 18,000 employees, and ultimately shrink its workforce to approximately 74,000 in the next 4 years. The restructuring aims to cut adjusted costs by 25%.
Technology and regulations are chipping away at investment banking's traditional profit centers. From the IPO to asset management, we take a closer look at how investment banking is being disrupted.
Meet the Digital Health 150
Applications have been flying in for our first-ever Digital Health 150 — a ranking of the most promising private digital health companies globally. (We’re still accepting applications and nominations until July 26.)
We’ll be unveiling the companies at the Future of Health Conference (Oct 2-3, NYC) and tons of the winners will be at the event.
All Future of Health attendees will get access to our opt-in networking app that allows you to create a profile and schedule 1:1 meetings with other attendees.
Use the code WINNERS here to get $500 off your ticket until July 26.
Many bottlenecks throughout the clinical trial process can keep patients from enrolling in the right trials and prevent researchers from finding enough eligible participants.
We take a look at how startups are working to streamline and reshape the $65B clinical trials market. Clients can read about it here.
The Industry Standard
CB Insights data is the most trusted by those in the industry and the media. A few recent hits.
Wall Street Journal. Tomio Geron (@tomiogeron) writes about SoftBank-backed car-sharing startup Getaround and references CB Insights research.
Nikkei Asian Review. Shotaro Tani reports that Go-Jek received investments from Japan’s Mitsubishi group and cites CB Insights funding data.
Bloomberg Quint. Nisha Gopalan (@nishagopalanhk) discusses SoftBank Vision Fund’s investment in unicorn companies and refers to CB Insights data.
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