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    in BUSINESS

    Uber mulls buying GrubHub in major consolidation of U.S. food delivery business

    Uber is considering acquiring Grubhub in a deal that would give the companies control over a majority of the U.S. food delivery business, according to published reports. Ride-sharing and food delivery giant Uber Technologies Inc. approached Grubhub Inc. earlier this year with an all-stock takeover offer, The Wall Street Journal reported Tuesday, citing sources. The […] More

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    in NEWS

    California sues Uber and Lyft over alleged driver misclassification

    Photo by Justin Sullivan/Getty Images California’s attorney general and a group of city attorneys sued Uber and Lyft Tuesday, alleging that the companies misclassified drivers as independent contractors in violation of a recent law that classifies them as employees. In their lawsuit, the attorneys allege that Uber and Lyft have run afoul of Assembly Bill […] More

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    in TECH 'N' GADGET

    Intel to Acquire Urban Transit Startup App Moovit for $1 Billion

    Global chip-making giant Intel is negotiating a deal to acquire Moovit, an Israeli startup that applies Artificial Intelligence (AI) and big data analytics to monitor traffic and give transit recommendations, a media report said. Expected to close in the coming days, the deal could be worth around $1 billion, TechCrunch reported on Sunday. Following […] More

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