DoorDash to buy UK’s Deliveroo for $3.86B, SevenRooms for $1.2B
DoorDash on Tuesday announced two major acquisitions as it seeks to expand its reach in Europe and diversify its sources of revenue.
DoorDash said it has agreed to buy its U.K. rival Deliveroo for about £2.9 billion (around $3.87 billion) as the U.S. food delivery company seeks to expand into new
Employer.com scoops up another fintech in purchase of MainStreet.com
Employer.com has acquired MainStreet.com for an undisclosed amount, the latest fintech startup to get snapped up by the workforce management company.
In a post on X, Employer.com chairman and co-founder Jesse Tinsley said the two companies were “merging forces to simplify business back office so
Waymo ramps up robotaxi production at new Arizona factory
Waymo has played coy for years about exactly how many Jaguar I-Pace EVs are in its autonomous fleet — a figure that covers vehicles used in testing and commercial robotaxi operations. On Monday, the Alphabet company finally provided a peek at the commercial side of the fleet.
Waymo said Monday,
FTC bans hidden fees for live events and short-term rentals, effective May 12
The U.S. Federal Trade Commission (FTC) on Monday released new documentation detailing its new “Rule on Unfair or Deceptive Fees.” The rule, set to take effect on May 12, prohibits hidden fees for live events, hotels, and short-term rentals. It also bans practices such as “bait-a
People struggle to get useful health advice from chatbots, study finds
With long waiting lists and rising costs in overburdened healthcare systems, many people are turning to AI-powered chatbots like ChatGPT for medical self-diagnosis. About one in six American adults already use chatbots for health advice at least monthly, according to one recent survey.
But placing
Google accidentally reveals details about its new Android design language, Material 3 Expressive
Google will unveil a new version of its Android design language at its upcoming Google I/O developer conference, according to an event schedule posted to its website, as well as an accidentally published Google blog post. The I/O session title hints at significant changes in store for Android’
Meet the companies racing to build quantum chips
Quantum computing has long been announced as “just around the corner,” but several companies are now determined to make this a commercial reality, with the promise of solving complex problems beyond classical computers' reach.
The problems in question are wide-ranging, from medicine and cy
Here are Latin America's biggest startups based on valuation
Not so long ago, the idea of public tech companies emerging from Latin America seemed far-fetched, and Mercado Libre once appeared as rare and mythical as a true unicorn. Today, however, the region is home to several startups that have reached billion-dollar valuations.
Some of these startups, pro
Anduril is working on the difficult AI-related task of real-time edge computing
Anduril announced its ninth acquisition on Monday with the purchase of Dublin's Klas, makers of ruggedized edge computing equipment for the military and first responders.
Anduril wouldn't reveal financial details of the deal, and the purchase is subject to regulatory approval, but the comp
TeleMessage, a modified Signal clone used by US government officials, has been hacked
A hacker has exploited a vulnerability in TeleMessage, which provides modded versions of encrypted messaging apps such as Signal, Telegram, and WhatsApp, to extract archived messages and other data relating to U.S. government officials and companies who used the tool, 404 Media reported.
TeleMessa
11x CEO Hasan Sukkar steps down
Hasan Sukkar, the founder of AI startup 11x, is stepping down from his role as CEO, Sukkar announced on LinkedIn this morning. Prabhav Jain, 11x's CTO, has been named the company's new CEO.
Sukkar will move into a “non-executive chairman” position, where he will work with Jain on “
OpenAI reverses course, says its nonprofit will remain in control of its business operations
OpenAI has decided that its nonprofit division will retain control over its for-profit organization, after the company initially announced that it planned to convert to a for-profit organization.
According to the company, OpenAI’s business wing, which has been under the nonprofit since 2019,
Anthropic launches a program to support scientific research
Anthropic is launching an AI for Science program to support researchers working on “high-impact” scientific projects, with a focus on biology and life sciences applications.
The program, announced Monday, will offer up to $20,000 in Anthropic API credits over a six-month period to R
Apple appeals court decision that forced it to allow links to external payments in apps
As promised, Apple has now filed its appeal to the recent court ruling that required it to open its App Store to external payment mechanisms.
Last week, Judge Yvonne Gonzalez Rogers took the tech giant to task for defying the court’s orders in its battle with Fortnite maker Epic Games by not