Category Archives: Investigations

Investigation: Why The Emergency ‘911 System’ Is Broken’ (CNBC Video)

More than 80% of calls to 911 come from a cellphone and often from a high-rise. But the over 5,000 locally run 911 centers, or public safety answering points (PSAP) aren’t easily able to track those callers. Fixing the system could save more than 10,000 lives and $97 billion per year according to the FCC.

Major companies like Apple, Google, Motorola and startups like RapidSOS have tried to fill the technology gap, but so far, that’s not enough. Watch the video to understand the conundrum of a large and fragmented national system that is run and funded locally, and how the federal government may be its only hope for a complete overhaul. “We’re talking about diversity of equipment connecting across these IP networks in a very complex manner,” said Capt. Mel Maier of the Oakland County Sheriff’s Office in Michigan.

“And if there are proprietary interfaces anywhere in between there, they’re not going to be able to talk. … Our technology is continually trying to catch up and playing catch up.” A number of companies including Apple, Motorola and start-ups are trying to fill the technology gap. RapidSOS is a data integration platform that has been adopted free of charge in about 4,800 PSAPs. According to the company, it covers about 92% of the country and assists in 150 million emergencies per year.

“We’re just scratching the surface of the amount of data that we could be using,” said Michael Martin, CEO of RapidSOS. “We’re passing precise location for most 911 calls now. But you can imagine all the capabilities, like in a fire if your building could talk or if your device could detect a heart attack and immediately transmit that through.” According to Maier, who is also chairman of the Public Safety Next Generation 9-1-1 Coalition, the tech industry can’t do it on its own.

He says carriers also have a responsibility, especially when it comes to addressing the altitude problem. But in the end, he says, the federal government is needed. He’s hoping Congress will pass legislation for $15 billion toward a complete overhaul. In July, a $1.5 trillion infrastructure bill that included $12 billion toward 911 passed the House but stalled in the Senate.

Airships: The Decline And Comeback Of Blimps (Video)

Blimps were once at the forefront of aviation—at least before airplanes innovated past their lighter-than-air technology. Now, airships are often used for advertising or aerial broadcasting, which is exactly how Goodyear utilizes its fleet of airships. In fact, there are only 124 pilots with a rating to fly an airship, and there are a mere 39 registered airships in the U.S., according to the FAA. Now, a small handful of companies want to change that. Blimps are more carbon efficient than planes or boats, and they can be used for tourism and cargo transport, not to mention military purposes. What happened to the giants of the sky, and what’s being done to bring them back.

Covid-19: What To Know About Fake Vaccines Being Sold Online (WSJ Video)

As Covid-19 vaccines roll out in several countries, counterfeits are being marketed online. WSJ explains how phony vaccines end up on the internet and the risks for people who buy them. Illustration: Crystal Tai

Delivery-Only Dining: ‘How Covid Accelerated Rise Of Ghost Kitchens’

Ghost kitchens are kitchens designed for delivery-only businesses, without dine-in areas or customer facing storefronts. The pandemic has ravaged dine-in eateries, and companies that have focused on delivery could come out on top if the current trends continue. Watch the full video to see why ghost kitchens are taking over the restaurant industry.

Here are some of the top Ghost Kitchens:

Kitchen United

With a $10 million dollar investment from Google Ventures, Kitchen United has been one of the leanest (and fastest-growing) startups in the space. Founder Jim Collins has turned down hundreds of millions of investment dollars to focus on growing more organically. Currently, Kitchen United plans on conquering the global restaurant space — with 5,000 kitchens planned in the next four years.

All in all, Kitchen United offers a turn-key, light-capital model, delivering a complete, code-safe kitchen replete with appliances and cooking implements. All that’s left to do is to…cook.

CloudKitchens

The fastest-growing and most investor-friendly ghost kitchen startup, CloudKitchens, has already taken in over $400 million from investors. $150 million interestingly invested by its founder (former Uber superstar) Travis Kalanick. Like Kitchen United, CloudKitchens offers fully-equipped kitchens (branded as “smart kitchens”) for the delivery-only model. Honestly, you can’t ignore a project that Travis is a part of.

DoorDash Kitchens

Another not-so-surprising entry into the ghost kitchen space is DoorDash, which has already premiered locations in San Francisco and Redwood City. Currently, DoorDash’s model is focused on catering to high-delivery areas for established brands like Chic-Fil-A, but we’re sure they have plans in the works for new locations, as well.

For the time being, DoorDash Kitchens is still in the experimentation phase, with only a few locations. And, like others on this list, it provides everything a restauranteur would need for a single monthly fee.

UberEats

For the moment, we’ll set aside the possible conflicts associated with Uber’s ex co-founder Travis Kalanick — who’s also operating CloudKitchens. We’re sure that bridge will need crossing at some point if Uber expands its operations. For the time being, the ridesharing company has been keeping a low profile in the ghost kitchen space. To date, it has been testing ghost kitchens in a few markets, though it remains curiously reluctant to share the delicious details pertaining to its Paris operations.

Virtual Kitchen Co.

Another new entry is Virtual Kitchen Co. — which already operates several successful ghost kitchens. They plan to open 15 more kitchens over the next few years, driven by $15 million dollar Series A.  Again, Virtual Kitchen Co. offers a similar pricing structure: Restaurants can pay a monthly fee for everything.

The one small difference here is that Virtual Kitchen Co. seems to be targeting existing restaurants that want to enter the delivery space.

Cell Phones: ‘Why Plans & Bills Are So Costly’ (Video)

The average American spent $1,218 for cell phone service in 2019. That comes out to just over $100 per month. Check out the video to find out why you may be paying so much for your phone service and what you can do to save some money.

Self-Storage: ‘Growth Of A $22 Billion Industry’

Americans collectively have more than five billion items sitting at home that they no longer use, according to a 2019 survey by online marketplace Mercari. One-click shopping and the globalization of overseas manufacturing has made it easier than ever for consumers to acquire goods. According to the Self Storage Association, an industry trade group, more than 10% of households in the U.S. rented a self-storage unit in 2020, 18% more than in 2005. The self-storage industry has continued to outperform during the pandemic, with several companies reporting strong occupancy and healthy demand, according to the research site Yardi Matrix. But with headwinds threatening the economy will self-storage companies like Public Storage and Extra Space Storage be able to maintain their momentum? And what will new disruptors like Neighbor and Clutter mean for the future of the industry?

Economy: Americans’ 2021 Financial Hardships

The coronavirus pandemic has forced many Americans to accept new financial realities. WSJ’s Shelby Holliday traveled to a diverse neighborhood in Philadelphia to learn how neighbors are facing different struggles brought on by the same virus. Photo: Adam Falk/The Wall Street Journal

Investigation: ‘How The Rioters Stormed The U.S. Capitol’ (WSJ Video)

A congressional exercise in the peaceful transfer of power devolved into deadly chaos when a pro-Trump mob stormed the Capitol. Hours after the riots, Congress reconvened and certified President-elect Joe Biden’s victory. Photo: Lev Radin/Pacific Press via ZUMA Wire

Analysis: ‘Will The Green Energy Boom Last?’ (Video)

Investors have been pouring more money than ever into renewable energies such as solar and wind. WSJ looks at how the pandemic, lower energy costs and global politics have driven the rally–and whether it can last.

Analysis: The Shrinking U.S. Population (CNBC Video)

The US is facing an aging population, falling birth rate and economic recession caused by the coronavirus pandemic. These issues will have huge implications on the size of the workforce and the consumer base. Watch the video to find out why America could be confronting an underpopulation problem and what business leaders and policymakers can do about it.