Quartz
Uber is acquiring Delivery Hero’s delivery business in Taiwan, foodpanda, for $950 million in cash — one of the largest international acquisitions ever struck in Taiwan, the companies said Monday.Read more...
Waymo, the self-driving car startup owned by Google parent Alphabet, is being investigated by federal auto safety regulators over its “robotaxis.” Read more...
The return of Roaring Kitty to social media has prompted the meme stock craze to return, and AMC Entertainment raised approximately $250 million in new equity capital on Monday by selling 72.5 million shares at an average price of $3.45.Read more...
The world’s biggest banks have carried out $7 trillion in business related to fossil fuels since the signing of the Paris Climate Agreement — with almost half of that going towards expansion in the sector. Read more...
Home Depot on Tuesday missed Wall Street’s expectations for sales as Americans reined in spending on big projects and focused on smaller-scale home repairs. Read more...
OpenAI unveiled GPT-4 Omni (GPT-4o) during its Spring Update on Monday in San Francisco. Chief Technology Officer Mira Murati and OpenAI staff showcased their newest flagship model, capable of real-time verbal conversations with a friendly AI chatbot that convincingly speaks like a human.Read more...
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