Startup

$35 million-funded Omni is packing up and shutting down after struggling to make the economics of equipment rentals and physical on-demand storage work out. It’s another victim of a venture capital-subsidized business offering a convenient service at an unsustainable price.

The startup fought for a second wind after selling off its physical

Product Hunt founder Ryan Hoover has raised another $10 million to invest in nascent upstarts via Weekend Fund. The news represents the firm’s second fundraise after a $3 million debut angel fund that closed in 2017.

Hoover, an investor in Girlboss, audio social media platform TTYL and mobile application performance software company Headspin,

Huawei and Devialet have unveiled a new speaker specifically designed for the Chinese market, the Huawei Sound X. French startup Devialet has been looking at ways to license its technology and patents to consumer electronics manufacturers, such as Sky, Iliad, Altice USA and Renault.

While Devialet only sells very premium speakers under its own