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Category Archives: Tech
Uber to buy 85% stake in Turkish food delivery platform for $700 million
The deal is expected to close in the second half of this year and be accretive to Uber’s growth, the company said.
Relevance AI raises $24M to help businesses build AI agents
Individuals may work closely with AI agents as they become increasingly prevalent in the workplace. According to a report by Boston Consulting Group, the market for AI agents is expected to grow at a 45% compound annual growth rate over … Continue reading
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Instacart launches Fizz, a new app for ordering drinks and snacks for parties
Instacart has launched a new drinks and snack delivery app called Fizz, the company announced on Tuesday. The 21+ app is built for friends and family and is designed to make it easier to stock up for a party or … Continue reading
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Meet Posha, a countertop robot that cooks your meals for you
In 2017, Raghav Gupta set out to solve a personal problem: he wanted easy access to the home-cooked meals he grew up eating without having to spend time cooking or spend money on takeout or hiring a private chef. He … Continue reading
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Doordash announces $1.2 billion SevenRooms deal, misses revenue expectations
Doordash on Tuesday announced the $1.2 billion acquisition of restaurant booking platform SevenRooms and reported first-quarter earnings.
Boosted by defense and Starlink, Orca AI pulls in $72.5M for its autonomous shipping platform
The autonomous navigation market — where ships, guided by AI, steer themselves, resulting in fuel and time savings — is projected to sail past $11 billion by 2028. As a result, companies in this space are pushing on an open … Continue reading
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US DoJ wants Google to sell two of its ad products
The U.S. Department of Justice is proposing that Google sell two of its advertising products to restore competition in the ad tech space, according to a new filing. The proposal comes after a judge found Google guilty of “willfully acquiring … Continue reading
Blinq lands $25M to further its mission to make business cards passé
It’s 2025, but business cards are still in vogue — just visit any conference or industry expo and you’ll end up with a pile that’s likely to be discarded sooner than later. But as smartphones have become our repositories of … Continue reading
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DoorDash to buy UK’s Deliveroo for $3.86B
DoorDash said on Tuesday it has agreed to buy its U.K. rival Deliveroo for about £2.9 billion (around $3.85 billion).
DoorDash to acquire British food delivery firm Deliveroo in $3.9 billion deal
British food delivery firm Deliveroo on Monday said it has agreed to a takeover offer from American rival DoorDash that values the company at £2.9 billion.