Uber (NYSE: UBER) announced that it will be acquiring Drizly, the delivery startup that specializes in alcohol deliveries, for the hefty price tag of $1.1 billion in stock and cash. This comes after its July 2020 acquisition of its smaller food delivery competitor, Postmates. It appears that Uber might be focusing on the long-term health of its business.
Roku (NASDAQ: ROKU) started the new year with a new deal. Earlier this month, the company bought the exclusive global distribution rights to the portfolio of Quibi.
On January 20, Joseph R. Biden will be sworn in as the 46th President of the United States of America. Earlier this week, confirmation hearings began for Biden’s cabinet picks. One of those picks was Janet Yellen — Biden’s Treasury Secretary nominee.
Zoom Video Communications (NASDAQ: ZM) surged 400% last year because of the coronavirus pandemic and the worldwide lockdowns, but does it offer enough to keep that momentum going into 2021 and beyond?
Artificial intelligence (AI) for years has been labeled as being the “next biggest technology.” Well, this technology just might lead the way for discovering more effective drug treatments.
Last week, news broke that security software company FireEye (NASDAQ: FEYE) had been hacked. This could be seen as a slightly embarrassing incident for the company since it’s main mission is to secure others from threats and hackers — definitely not the best publicity.
This week will be a big win for the IPO market. Over a dozen IPOs are expected to happen this week. One of those IPOs will come from food delivery company DoorDash.
On Monday, the pharmaceutical company Moderna (NASDAQ: MRNA) applied to the U.S. Food and Drug Administration (FDA) for emergency-use authorization of its COVID-19 vaccine.
With the Biden-Harris administration coming to the White House in January, there are going to be a lot of new and interesting changes. One of those changes could pave the way toward a more hopeful and prosperous future for artificial intelligence (AI).
The beginning of the coronavirus pandemic brought on panic buying that left many grocery store shelves empty for months, making it hard for some people to have access to everyday items like toilet paper. With a summer to rethink their strategies, food makers are preparing for a second wave of panic buying as coronavirus cases spike.