A rough week for hardware companies

In just about a week, iRobot, Luminar, and Rad Power Bikes all filed for bankruptcy. They’re very different companies — selling Roombas, lidar, and e-bikes, respectively — but as Sean O’Kane, Rebecca Bellan, and I discussed on the episode of the Equity podcast, they faced some similar challenges, including tariff pressures, major deals that fell…

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Frozen Waymos backed up San Francisco traffic during a widespread power outage

A power outage struck San Francisco on Saturday that blacked out about 130,000 customers at its peak, according to Pacific Gas and Electric Company, but also caused another problem: stranded Waymo vehicles. Posts all over social media showed the company’s autonomous SUVs sitting still in the streets and causing traffic jams. Some people posted videos…

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