Friday, May 25, 2018

Essential is reportedly selling itself


After barely a year in business and the release of a single phone, Essential is up for sale, reports Bloomberg. The Palo Alto-based hardware startup was founded by Android creator Andy Rubin and raised $300 million in funding. It is said to be looking for buyers, following poor sales of its PH-1 handset, and after allegations against Rubin of an inappropriate workplace relationship while he was Google came to light. Essential has also shelved plans for its second phone for the time being; if anything, we might see the release of the Essential Home, a puck-shaped smart assistant device that…

This story continues at The Next Web

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