Web and Technology News
Uber Technologies has ended its acquisition of Delivery Hero’s Foodpanda in Taiwan, the Germany-based tech firm said on Tuesday. The announcement comes roughly three months after Taiwan’s antitrust regulator blocked the deal, citing competitive i…
European Union antitrust regulators have carried out another series of raids on two online food delivery companies headquartered inside the bloc. The Commission hasn’t named the companies involved but the move follows unannounced EU inspections b…
Fabrice Grinda says he never intended to run a venture firm. He just really (really) enjoyed angel investing. In fact, by late 2013, when he was on the verge of selling the global classifieds marketplace OLX — his third business — he says he had already written checks to more than 150 startups with his […]
“Most active investor” FJ Labs closes on $260M across two new funds by Connie Loizos originally published on TechCrunch
A host of major European tech founders and investors are today backing the launch of OneUkraine, a new charity providing sustainable humanitarian relief for the Ukrainian people. OneUkraine will be supporting Ukrainians at home and abroad, delivering humanitarian aid, and aiming to rebuild the tech and broader infrastructure of Ukraine by SMEs and startups on […]
U.K. food delivery gig platform Deliveroo has lost a court challenge in France over the “freelancer” status of riders. Reuters reports that the company has been fined the maximum penalty of €375,000 by a Paris court. Two former execs have also been fined €30,000 and given one-year suspended jail sentences for abusing the country’s labor […]
U.K. food delivery gig platform Deliveroo has lost a court challenge in France over the “freelancer” status of riders. Reuters reports that the company has been fined the maximum penalty of €375,000 by a Paris court. Two former execs have also been fined €30,000 and given one-year suspended jail sentences for abusing the country’s labor […]
“Where’s my flying car?” is a staple of Gen X humor, since it reaffirms the cynical viewpoint that technology frequently fails to deliver on its lofty promises. Until recently, electric vertical takeoff and landing vehicles were largely consigned to our imaginations. I can name more movies that feature flying cars than I can eVTOL companies, […]
Payments — taking and and paying out money — remains a fragmented and complex area for merchants, marketplaces and others that do business with multiple parties online, and as it grows — from $1.5 trillion today to $2.9 trillion by 2030 — that complexity will grow, too. Today, a startup is coming out of stealth […]
The value of delivery giants around the world is in decline. Given all that, you might expect that investors would curtail wagers. And yet.