Deliveroo Seeks $12 Billion Valuation

Deliveroo, backed by Amazon.com Inc., set a price range for its planned London listing with an upward valuation of $12 billion, posing a test for continued investor appetite in online food-delivery services.

In December, U.S. peer […]

By |2021-03-23T11:17:44-04:00March 23, 2021|Articles|Comments Off on Deliveroo Seeks $12 Billion Valuation

Uber Sells Self-Driving Car Unit

Uber is out of the self-driving vehicle game.

The ride-hail giant on Monday announced that it sold its Advanced Technologies Group to self-driving car startup Aurora for $4 billion, ridding itself of a source of major […]

By |2020-12-08T10:08:56-05:00December 8, 2020|Articles|Comments Off on Uber Sells Self-Driving Car Unit

Amazon Opens Online Pharmacy

Amazon is entering the pharmacy business with a new offering called Amazon Pharmacy, allowing customers in the United States to order prescription medications for home delivery, including free delivery for Amazon Prime members.

Amazon has been […]

By |2020-11-18T12:18:07-05:00November 18, 2020|Articles|Comments Off on Amazon Opens Online Pharmacy

Amazon Faces New EU Antitrust Charges

The European Union has unveiled formal antitrust charges against Amazon for abusing its dominance in online shopping and opened a second investigation into the company’s business practices. Margrethe Vestager, the European Commission’s top antitrust official, […]

By |2020-11-11T13:32:36-05:00November 11, 2020|Articles|Comments Off on Amazon Faces New EU Antitrust Charges

Big Tech Going on Trial

Big Tech will come under the glare of a national spotlight Wednesday, as four of its leader’s face questions from members of Congress aiming to rein in what they believe is excessive power in the […]

By |2020-07-29T10:27:34-04:00July 29, 2020|Articles|Comments Off on Big Tech Going on Trial