Uber Technologies announced Tuesday that it will buy the Taiwan unit of Delivery Hero’s Foodpanda for $950 million in cash. The deal is part of Uber Eats’ strategy to expand in Asia, specifically by strengthening its position in Taiwan. On the other hand, it also underscores Delivery Hero’s ongoing retreat from that same market: the sale…
A twin set of inflation readings, as well as a speech from Fed Chairman Jerome Powell, will keep markets focused on Tuesday…
The United Kingdom-based luxury apparel chain will liquidate and close all of its stores in the U.S. after filing for restructuring under Canada’s Companies’ Creditors Arrangement Act and for Chapter 15 bankruptcy…
Harness isn’t founder Jyoti Bansal’s first startup. He sold AppDynamics to Cisco for $3.7 billion in 2017, the week it was supposed to go public. His latest venture has raised $425 million, per Crunchbase. On Tuesday, Harness announced $150 million in debt financing, essentially a line of credit that the company can draw on as…
If you use Slack at work, you’ve likely noticed that the number of channels you’re invited to proliferates incessantly. David Sacks, one-quarter of the popular All In podcast and a renowned serial entrepreneur whose past companies include Yammer — an employee chat startup that sold to Microsoft for $1.2 billion in 2012 — says he…
Japan will keep close communication with BOJ on forex, finance minister says
Dollar drifts as traders eye US inflation data; frail yen in focus
Asia shares hit 15-month high as traders wait for CPI
Website builder Squarespace is going private in an all-cash deal that values the company on an equity basis at $6.6 billion, or a $6.9 billion enterprise valuation. The acquiring company is U.K.-based private equity firm Permira. Founded in 2004 by CEO Anthony Casalena, Squarespace is best known for its no-code platform designed to help SMEs and…
Estate is an invite-only website that has helped hundreds of attackers make thousands of phone calls aimed at stealing account passcodes, according to its leaked database. © 2024 TechCrunch. All rights reserved. For personal use only…
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