Uber, owner of Uber Eats, unveiled an all-stock takeover of smaller restaurant-food delivery rival Postmates for $2.65 billion, the companies announced Monday. The upshot: Uber Eats will gain some market share when the deal closes following regulatory approval, but it likely won’t be a game changer in the race to catch market leader DoorDash. For Uber, the deal is a letdown of sorts because its...
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Larry Summers Has a Message for Silicon Valley
Larry Summers has a message to all of us here in Silicon Valley: It’s time to switch up that reading list. “Perhaps pay a little more attention to history relative to science fiction in terms of understanding all the things that the future may hold,” he said during a conversation with me and The Information subscribers Tuesday.
TikTok CEO to Pledge App Will be Free From Any Government Influence
Nvidia CEO Says Generative AI is an ‘iPhone Moment'
OpenAI Temporarily Shuts Down ChatGPT After Privacy Bug Leaks Users’ Chat Histories
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