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INSTACART DEAL
DoorDash in talks to buy Instacart in roughly $17 billion dealDoorDash is in advanced talks to acquire Instacart in a deal that could value the grocery-delivery platform at about $17 billion, a source ...- Instacart in talks for sale: The InformationShares of Instacart closed about 9% higher and were up nearly 1% in extended trading. The company currently has a market value of about $12...
- AI agent wars: OpenAI’s Dots wades into a market warmed up by Instinct and Meta’s MuseThe launch of OpenAI's Dots comes amid the agentic frenzy launched by Meta's Muse earlier this month. Muse targets professionals and compan...
- Atlassian bets on AI browsers with $610 million deal for The Browser CompanyAtlassian will acquire The Browser Company for $610 million, expanding into AI-driven browsers. The deal, funded from cash reserves, closes...
- Who is OpenAI's Indian-origin applications CTO Vijaye Raji?Raji is an Indian-origin engineer with over 20 years in multiple roles across all major tech companies. He started his journey as a princip...
- Instacart partners with Uber Eats to offer restaurant deliveriesSan Francisco-based Instacart said Tuesday that its U.S. shoppers will see a "Restaurants" tab in the company's app in the coming weeks. Re...
- Tinder-owner Match Group names new board directors after Elliott pushInstacart executive Laura Jones and Zillow cofounder Spencer Rascoff were named to the board after talks with activist investor Elliott Inv...
- Didn’t want my legacy to be defined by one company: Instacart founder Apoorva MehtaApoorva Mehta, who stepped down as Instacart CEO in 2021 and subsequently from the company’s board, still owns the largest stake in the fir...
- Birkenstock shares indicated to open 4% above IPO price in US market debutThe company's stock was indicated to open between $46 to $48 on the New York Stock Exchange, compared with its initial public offering pric...
- Instacart names Sequoia partner, ex-COO Ravi Gupta to boardInstacart named former chief financial and operating officer Ravi Gupta to its board of directors Friday, formalizing a move after the groc...
- Uber Eats to roll out AI features, more payment optionsUber Eats will get a dedicated section to showcase promotional offers called "Sales Aisle". The new features are set to roll out this year ...
- SoftBank-owned Arm rises more than 10% in the year's biggest initial public offeringArm's shares opened trading at $56.10, up 10% from its initial offering price of $51. Shares quickly rose above that, hitting $59.
- Jumping on Arm's blockbuster IPO could be a risky business for retail investorsWhile dabbling in individual stocks is a notoriously risky business for amateur investors, an analysis underscores just how perilous it can...
- Elon Musk to axe 75% of Twitter staff; Delhivery shares continue downward spiralA report in The Washington Post suggests that Tesla and SpaceX boss Elon Musk plans to fire 75% of Twitter’s staff once he takes over the c...
- Instacart building micro-warehouses in an attempt to resurrect delivery edgeInstacart, the leading grocery delivery platform, will plan something bigger with Instacart micro-warehouses. Here, all grocers will access...
- Scoop up your favorite flavor this Pi DayRejoicing the celebrations of Pi Day, Instacart revealed America's most popular pie flavours. The math holiday, Pi Day, is celebrated every...
- New edtech unicorn; Twitter locks Congress accountsEruditus’ mammoth funding has made it a unicorn, thrice over. Twitter locks Congress accounts days after complying with India IT rules. A b...
- SoftBank-backed SPAC to take Mapbox public in $2 billion deal: ReportSoftBank has invested in Mapbox through its tech-focused Vision Fund, which led a $164 million funding round for the company in 2017
- With fresh funding, Apoorva Mehta is taking the grocery delivery fight to AmazonThe money will help Instacart defend against programs like the one Amazon made public on Thursday: It’s testing free two-hour delivery of W...
- 2 Indians in US' Richest Entrepreneurs Under 40 list: ForbesThe richest under 40 newcomer is Bryan Sheffield, who has struck it rich in the Texas oil patch. Sheffield is worth $1.45 billion. Another ...
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