Turo, a service that competes with Enterprise and other car rental firms by renting you other people’s cars by the day, announced it had raised $250 million entirely from media and internet holding company InterActiveCorp, owner of Vimeo and Match Group. It’s the latest move by an old-line tech conglomerate to become the largest shareholder of a peer-to-peer car rental business. Turo rival...
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‘We Just Have to Keep Winning’: A Sonos Executive With a Colorful History Goes to War Against Google

A few months into his job as chief legal officer of Sonos, Eddie Lazarus was ready to wage war. When Lazarus joined the audio hardware company in late 2018, it was facing growing competition from tech giants like Amazon and Google. Both companies were selling cheap speakers capable of multiroom audio playback, a feature Sonos had pioneered on its devices more than a decade earlier. Sonos...
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