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Showing posts from July 17, 2022

DoorDash and Uber Eats are moving beyond food, focusing on groceries and alcohol, as users cut spending due to high inflation and a potential economic downturn (Preetika Rana/Wall Street Journal) https://ift.tt/9NsztEd

Preetika Rana / Wall Street Journal : DoorDash and Uber Eats are moving beyond food, focusing on groceries and alcohol, as users cut spending due to high inflation and a potential economic downturn   —  Delivery apps look to move beyond food as they face high inflation, a potential economic downturn  —  Grubhub CEO on the Postpandemic Future of Food Delivery

Uber admits it failed to inform the FTC of the November 2016 hack that affected 57M passengers and drivers, as part of a settlement to avoid US criminal charges (Jonathan Stempel/Reuters) https://ift.tt/Y31vyQX

Jonathan Stempel / Reuters : Uber admits it failed to inform the FTC of the November 2016 hack that affected 57M passengers and drivers, as part of a settlement to avoid US criminal charges   —  Uber Technologies Inc (UBER.N) on Friday accepted responsibility for covering up a 2016 data breach that affected 57 million passengers …

Sources: British satellite internet company OneWeb is nearing a deal to combine with France's Eutelsat, valuing OneWeb at $3B+ (Dinesh Nair/Bloomberg) https://ift.tt/jCBzYFA

Dinesh Nair / Bloomberg : Sources: British satellite internet company OneWeb is nearing a deal to combine with France's Eutelsat, valuing OneWeb at $3B+   —  British satellite firm OneWeb is nearing a deal to combine with France's Eutelsat Communications SA in a transaction that would create a pan-European operator …

Blockchain infrastructure company Chain acquires Measurable Data Token, including the cash-back app RewardMe and the financial data protocol MeFi, for $100M (Frank Chaparro/The Block) https://ift.tt/qWkdxXy

Frank Chaparro / The Block : Blockchain infrastructure company Chain acquires Measurable Data Token, including the cash-back app RewardMe and the financial data protocol MeFi, for $100M   —  - Chain acquires Measurable Data Token ecosystem for $100 million.  — The deal is unique inasmuch as it will involve a merge between Chain's XCN and MDT.

Interview with 3AC founders Su Zhu and Kyle Davies, who could be hiding in UAE, on its "regrettable" collapse, leveraged bets, Luna, risk management, and more (Bloomberg) https://ift.tt/b3iINMQ

Bloomberg : Interview with 3AC founders Su Zhu and Kyle Davies, who could be hiding in UAE, on its “regrettable” collapse, leveraged bets, Luna, risk management, and more   —  After five weeks in hiding, the disgraced founders of Three Arrows Capital spoke extensively about the spectacular implosion …

Instacart co-founder Apoorva Mehta, who stepped down as CEO in 2021, says he'll step down as executive chairman and leave the board once the company goes public (Natasha Mascarenhas/TechCrunch) https://ift.tt/BN8ySja

Natasha Mascarenhas / TechCrunch : Instacart co-founder Apoorva Mehta, who stepped down as CEO in 2021, says he'll step down as executive chairman and leave the board once the company goes public   —  A year ago, Instacart co-founder Apoorva Mehta left his role as chief executive of the grocery delivery unicorn and took on an executive chairman position.

Instagram says all new video posts under 15 minutes will now be shared as Reels and videos under 90 seconds from public accounts will be recommended to others (Richard Lawler/The Verge) https://ift.tt/20A6yib

Richard Lawler / The Verge : Instagram says all new video posts under 15 minutes will now be shared as Reels and videos under 90 seconds from public accounts will be recommended to others   —  And it's combining the Reels / Video section of your profile under one tab  —  Welcome to the new era of Instagram …

Whatnot, a livestreaming service for buying and selling collectibles, has raised a $260M Series D at a $3.7B valuation, up from $1.5B in September 2021 (Christine Hall/TechCrunch) https://ift.tt/jW6VvBQ

Christine Hall / TechCrunch : Whatnot, a livestreaming service for buying and selling collectibles, has raised a $260M Series D at a $3.7B valuation, up from $1.5B in September 2021   —  Livestream shopping in the United States has a ways to go to catch up with China's booming $600 billion industry, but Whatnot's …

WhatsApp rolls out chat migration from Android to iOS and vice versa for all users, requiring Android 5 or above, iOS 15.5 or above, and the Move to iOS app (José Adorno/9to5Mac) https://ift.tt/F4l6KhX

José Adorno / 9to5Mac : WhatsApp rolls out chat migration from Android to iOS and vice versa for all users, requiring Android 5 or above, iOS 15.5 or above, and the Move to iOS app   —  It's official.  WhatsApp finally lets users transfer their entire chat history from Android to iOS and vice versa.

Memo: Dan Wright, CEO of enterprise AI company DataRobot, resigned after less than 1.5 years, following employee uproar over stock sales by senior executives (Kevin McLaughlin/The Information) https://ift.tt/DvJwLKt

Kevin McLaughlin / The Information : Memo: Dan Wright, CEO of enterprise AI company DataRobot, resigned after less than 1.5 years, following employee uproar over stock sales by senior executives   —  Dan Wright, CEO of artificial-intelligence software pioneer DataRobot, has resigned less than a year and a half after ascending to the position …

Research details Reddit's cautious approach to monetization, giving no_ads, some_ads, and all_ads labels to subreddits based on human review (Ryan Barwick/Marketing Brew) https://ift.tt/dm78lTv

Ryan Barwick / Marketing Brew : Research details Reddit's cautious approach to monetization, giving no_ads, some_ads, and all_ads labels to subreddits based on human review   —  New research may pull back the curtain on Reddit's seemingly inconsistent approach to monetizing its communities.  —  R/mileycyrus. r/mensrights. r/daftpunk. r/floridaman.

Google and Oracle report some of their cloud services and servers in the UK went offline due to cooling failures amid the country's record-breaking heatwave (Katyanna Quach/The Register) https://ift.tt/PadYEHD

Katyanna Quach / The Register : Google and Oracle report some of their cloud services and servers in the UK went offline due to cooling failures amid the country's record-breaking heatwave   —  Clouds burst as nation hits 40C  —  Cloud services and servers hosted by Google and Oracle in the UK have fallen offline due …

Memo to staff: healthcare administration automation startup Olive AI, valued at $4B in July 2021, is laying off 450 employees, or about 31% of the company (Erin Brodwin/Axios) https://ift.tt/PA6o1HO

Erin Brodwin / Axios : Memo to staff: healthcare administration automation startup Olive AI, valued at $4B in July 2021, is laying off 450 employees, or about 31% of the company   —  Exit Content Preview … - “Our fast-paced growth and lack of focus strained our product and engineering resources and prevented us …

BeReal, the social photo sharing app launched in 2020 in France, is the No. 1 free app in the US App Store; Sensor Tower says it has topped 20M downloads (Christopher Zara/Fast Company) https://ift.tt/D4icjHQ

Christopher Zara / Fast Company : BeReal, the social photo sharing app launched in 2020 in France, is the No. 1 free app in the US App Store; Sensor Tower says it has topped 20M downloads   —  No doubt you've seen the innumerable recent hot takes about BeReal.  The French photo app, launched in early 2020 as a kind of stripped …

Instagram rolls out a new searchable map for exploring popular tagged locations, which can be filtered by restaurants, cafes, salons, and other categories (Aisha Malik/TechCrunch) https://ift.tt/HwShmyI

Aisha Malik / TechCrunch : Instagram rolls out a new searchable map for exploring popular tagged locations, which can be filtered by restaurants, cafes, salons, and other categories   —  Meta CEO Mark Zuckerberg announced today that the company is introducing a new searchable and dynamic map experience on Instagram.

Uber settles a DOJ lawsuit over "wait-time" fees it charged disabled people for taking too long to board vehicles, to pay 65K+ passengers a total of $2,238,500 (Jackie Davalos/Bloomberg) https://ift.tt/ZgatRKq

Jackie Davalos / Bloomberg : Uber settles a DOJ lawsuit over “wait-time” fees it charged disabled people for taking too long to board vehicles, to pay 65K+ passengers a total of $2,238,500   —  Uber Technologies Inc. will pay millions of dollars to settle claims by the US Department of Justice …

A look at reviving three old computers, including a 2011 iMac with 4GB RAM, with Chrome OS Flex, as Chrome OS cements itself as the most consumer-friendly Linux (Jason Perlow/ZDNet) https://ift.tt/MJh0W5I

Jason Perlow / ZDNet : A look at reviving three old computers, including a 2011 iMac with 4GB RAM, with Chrome OS Flex, as Chrome OS cements itself as the most consumer-friendly Linux   —  The Linux desktop that will transform the industry is ChromeOS.  —  Linux is a great operating system.  I've expounded its virtues for over 20 years.

Sydney-based Hivery, whose software helps retailers select the right mix of products to stock on store shelves, has raised a $30M Series B led by Tiger Global (Kyle Wiggers/TechCrunch) https://ift.tt/uF2Zhqm

Kyle Wiggers / TechCrunch : Sydney-based Hivery, whose software helps retailers select the right mix of products to stock on store shelves, has raised a $30M Series B led by Tiger Global   —  Hivery, a startup that bills itself as an “optimization platform” for retailers, today announced that it raised $30 million …

Seattle-based Phaidra, whose AI software automates building controls for industrial facilities like power plants, raised a $25M Series A led by Starshot Capital (Mark Bergen/Bloomberg) https://ift.tt/xUFVEBv

Mark Bergen / Bloomberg : Seattle-based Phaidra, whose AI software automates building controls for industrial facilities like power plants, raised a $25M Series A led by Starshot Capital   —  Industrial production is one of the dirtiest corners of the corporate world.  A startup from former Google engineers thinks …