The top antitrust lawmaker in the U.S. House called Uber’s takeover bid for Grubhub “a new low in pandemic profiteering” and repeated his call for a ban on all mergers during the current Covid-19 crisis. House Antitrust Subcommittee Chair David Cicilline said the two companies should not be allowed to merge. Cicilline, a Rhode Island Democrat, who is currently conducting a review of antitrust...
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Apple’s Hiccup, Blue Apron Gets Picked Up
It’s hard to feel sympathy for Apple, given how much money it makes ($9.2 million in net income every hour in the most recent quarter). But the flood of complaints on social media about overheating in the latest line of iPhones makes you feel a bit for the tech giant and its executives. Here’s a company that wanted to make its high-end phones lighter by using titanium, and what sounds like a...
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