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Airbnb expands into hotels, cars, groceriesAirbnb, facing tighter local regulations on short-term home rentals, announced Wednesday it is adding boutique hotels, car rentals and groc...
Big shakeup at OpenAI: COO Brad Lightcap shifts out of role; Fidji Simo to take medical leaveOpenAI faces major leadership changes as Brad Lightcap moves roles and Fidji Simo goes on health leave. Meanwhile, the company prepares for...
Asha Sharma is now Microsoft Gaming chief: How her appointment could impact the Xbox and GTA 6 releaseMicrosoft has appointed Asha Sharma as the new Chief Executive Officer of its gaming division. She will lead Xbox and the company's future ...
Who is Asha Sharma, the new CEO of Microsoft Gaming?Sharma succeeds Xbox boss Phil Spencer, who has been with the company for four decades, and will report directly to CEO Nadella and take ch...
Instacart beats quarterly estimates on steady demand for essentialsInstacart's quarterly core profit was $278 million, compared with analysts' estimates of $264.5 million. The online grocery delivery platfo...
Instacart debuts white-label AI shopping chatbot in enterprise pushInstacart is adding artificial intelligence-powered tools for grocers, including an assistant that can make product recommendations, the la...
Amazon expands same-day grocery delivery to perishable foods to compete with Instacart, WalmartAmazon announced in June that it is investing $4 billion to bring same-day and next-day delivery services to more than 4,000 rural US commu...
Fidji Simo to head OpenAI’s apps division; terms AI as world’s biggest opportunity engineSimo has long been an advocate of AI in general and its use cases in healthcare, having suffered a chronic illness herself. Simo was CEO at...
Instacart to lay off 250 employees as slowing ad business counters upbeat Q1 forecastShares of Instacart reversed course to be down about 5% after the bell following Instacart's lower-than-expected fourth-quarter revenue on ...
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...
Dunzo’s survival hinges on Reliance; Q&A with Instacart founder Apoorva MehtaReliance Retail, which is an investor in Dunzo, is yet to sign off on a much-needed capital infusion in the cash-strapped company. All abou...
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...
Dealshare fires 130, shutters B2B vertical; SoftBank, Oyo parent Oravel partner for premium hotelsEcommerce platform Dealshare has sacked 130 employees and shut down its business-to-business vertical, just over a month after Vineet Rao s...
Instacart was all about grocery delivery, here's how it's different nowAs Instacart prepares to go public next week, it is a markedly different company. Envisioned in 2012 as a service that matched people at ho...
Instacart's flat shopping orders could hurt ad growth, say analystsSan Francisco-based Instacart's 5.1 million subscribers typically pay $99 a year or $9.99 a month for free deliveries on orders of $35 or m...
Instacart reveals IPO filing, disclosing PepsiCo investment, profitabilityGrocery delivery service Instacart on Friday said its core business turned profitable after making public its filing for a long-awaited sto...
ChatGPT’s popularity to help AI-powered content creation platform in India: Writesonic's Samanyou GargWritesonic is a Y-Combinator backed AI writing and image generation platform and has raised $2.5 million.
The boy bosses of Silicon Valley are on their way outTop resignations in recent weeks signify the end of an era at these companies, which are among the most valuable and well-known to emerge f...
Facebook delivers biased job ads, skewed by gender: StudyMen were more likely to see Domino's pizza delivery driver job ads on Facebook, while women were more likely to see Instacart shopper ads.
Startup by Facebook's ex-CTO taking a new approach to battle Google, MicrosoftWhen Taylor left his Facebook CTO position, he had a clear idea of what he wanted to do next: build a new kind of word processor optimized ...