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Stock impact report

Raden is the second startup to bite the dust after airlines ban some smart luggage [The Verge]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Company Research Source: The Verge
No more returns, exchanges, or repairs Smart luggage startup Raden announced today that it has shut down and can no longer handle “returns, exchanges or repairs.” It’s the second dedicated smart luggage company to go under this month (following Bluesmart , which ceased operations May 1st) after major US airlines imposed strict rules on suitcases with batteries earlier this year. The policies that airlines like Delta and American put in place earlier this year most aggressively targeted luggage with non-removable batteries, like the kinds Bluesmart sold. (Bluesmart shut down, but it sold its intellectual property to luggage giant TravelPro .) Raden, meanwhile, sold suitcases with removable batteries, which are still fine to check on most airlines as long as fliers carry the battery in the cabin with them. The company says the companion app — which lets users check the weight of their bag and was supposedly going to enable an ambitious mesh-network style tracking sy Show less Read more
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