Andy Rubin's startup Essential announces its shutdown - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Android founder Andy Rubin's startup Essential is shutting down, saying there is 'no clear path' to deliver its new phone to customers

Android creator and former Google executive Andy Rubin's consumer electronics startup Essential will shutter its operations, the companyEssential said that it could see no way to deliver its latest product, a mobile handset named 'Project Gem,' to the market - so it decided to shut down the company entirely.

"Despite our best efforts, we've now taken Gem as far as we can and regrettably have no clear path to deliver it to customers. Given this, we have made the difficult decision to cease operations and shutdown Essential," the blog post said. thanks to Rubin's track record in developing Android, the open-source smartphone manufacturer acquired by Google. It became a a so-called unicorn, a startup valued at more than $1 billion, in less than two years.

But when its first product, the Essential Phone, failed to gain traction with consumers, the company struggled. It was forced to

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Very odd.... Would like to know the real story.

Why is this rapist not in prison?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

T-Mobile-Sprint merger just cleared its last hurdle - Business Insider - Business InsiderThe formation of New T-Mobile amid a time of flux in the US wireless market will have wide-ranging consequences for the US telecommunications space. I have been with t-mobile for 15 years hopefully they won't start acting like sprint or I am gone
Source: BusinessInsider - 🏆 729. / 51 Read more »

Netflix is investing in kids content - Business Insider - Business InsiderGreater investment in kids content from Netflix could cause even more young viewers to migrate away from ad-supported environments Does that mean NetflixFilm will cut back on all the pro-pot exposure in the rest of their programming? Every other show someone is toking up or worse, pretending its harmless. It's out of control. 👎 I think this is a necessary strategy to beat Disney+. Let's be honest, no one but kids is really using Disney+, and if Netflix wants to keep parents using their platform they need to make content kids wanna watch and can watch ElRodrigo69 are you ready? kiddo 3
Source: BusinessInsider - 🏆 729. / 51 Read more »

Data security startup Open Raven launches to prevent data breaches - Business InsiderNew data security startup Open Raven just launched out of stealth to tackle the next big security challenge: helping companies find where their data actually is and preventing the next big data breach
Source: BusinessInsider - 🏆 729. / 51 Read more »

Impala: London tech startup raises $20 million round from Lakestar - Business InsiderThe startup, which wants to be the Plaid — a startup which provides the tech infrastructure for financial services — for hotels, was founded in 2016. Great!!!!! 👏👏👏
Source: BusinessInsider - 🏆 729. / 51 Read more »

Unmind: Mental health tech startup raises $10 million from Project A - Business Insider'The negative impact on companies of poor mental health is massive and we want to help change that,' Unmind CEO Nick Taylor told Business Insider.
Source: BusinessInsider - 🏆 729. / 51 Read more »