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 174 days ago
 Source: economictimes.indiatimes.com

Former Google executive, Andy Rubin’s startup shuts down

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SAN FRANCISCO: Essential Products , a consumer electronics startup founded by the former Google executive Andy Rubin , said on Wednesday that it was ceasing operations. It released a premium smartphone in 2017 that did not sell well, and it later scrapped plans to develop a smart speaker. Essential was also dogged by news about Rubin and the circumstances of his departure from Google. The New York Times reported in 2018 that Google paid Rubin a $90 million exit package after claims of sexual misconduct with an employee were deemed credible. But interest evaporated, in part because of the risk associated with Rubin’s workplace scandals.

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