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Wonder to Acquire Blue Apron, Create ‘Mealtime Super App’
Wonder to Acquire Blue Apron, Create ‘Mealtime Super App’
September 29, 2023  |  Acquisitions

Blue Apron, a provider of meal kits, has entered into a definitive merger agreement to be acquired by Wonder Group, a company focused on at-home dining...

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Report: China’s Crackdown on Foreign Apps Could Impact Apple’s iPhone App Store
Report: China’s Crackdown on Foreign Apps Could Impact Apple’s iPhone App Store
September 29, 2023  |  Apple

China’s Ministry of Industry and Information Technology has reportedly issued new rules that could restrict Apple from offering many foreign apps on its iPhone app...

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Report: Reddit’s Ad Personalization Policy Sparks Privacy Concerns
Report: Reddit’s Ad Personalization Policy Sparks Privacy Concerns
September 29, 2023  |  Safety and Security

Reddit reportedly altered its privacy policy to improve ad performance. While these updates align with the social media platform’s goals of financial success and potential...

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Report: Character.AI Seeking Funding at Valuation Exceeding $5 Billion
Report: Character.AI Seeking Funding at Valuation Exceeding $5 Billion
September 29, 2023  |  artificial intelligence

Character.AI, a startup focused on generative artificial intelligence (AI) and chatbot technology, is reportedly in discussions to raise funding that could value the company at...

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Report: Bain Capital Among Potential Buyers for CCC Intelligent Solutions
Report: Bain Capital Among Potential Buyers for CCC Intelligent Solutions
September 28, 2023  |  Acquisitions

Bain Capital is reportedly considering a deal to acquire CCC Intelligent Solutions Holdings, a car-insurance software provider controlled by Advent International. The private equity firm is one...

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Uber Freight Unveils Product Roadmap With AI-Powered Software
Uber Freight Unveils Product Roadmap With AI-Powered Software
September 28, 2023  |  artificial intelligence

Uber Freight has unveiled its product roadmap, incorporating artificial intelligence-powered software to transform the global movement of goods. This announcement follows Uber Freight’s acquisition of...

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Report: Travelex Owners Assess Buyer Interest for Potential Sale
Report: Travelex Owners Assess Buyer Interest for Potential Sale
September 28, 2023  |  Acquisitions

British currency exchange company Travelex is reportedly considering a sale. The owners of Travelex, including former bondholders who gained control through a debt restructuring, are working with...

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Microsoft Eyed Apple Deal to Make Bing Default Search Engine on Safari
Microsoft Eyed Apple Deal to Make Bing Default Search Engine on Safari
September 28, 2023  |  Big Tech

Microsoft reportedly considered investing billions of dollars in a deal with Apple in 2016, aiming to make Microsoft’s Bing search engine the default on Apple’s...

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New York Court Rules Food Delivery Platforms Must Pay Minimum Wage
New York Court Rules Food Delivery Platforms Must Pay Minimum Wage
September 28, 2023  |  Delivery

The New York State Supreme Court has reportedly ruled that Uber Technologies, DoorDash and Grubhub must pay their food delivery couriers a minimum of $17.96 per hour. The court’s decision...

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