About a dozen states are likely to join the Justice Department’s expected antitrust suit against Alphabet’s Google, reported Bloomberg News, which cited people familiar with the investigation. Many are led by Republican lawmakers. Texas Attorney General Ken Paxton is leading a probe of state attorney generals that’s running in parallel to the Department of Justice’s investigation. The state...
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Logistics Startup Next Trucking Tries to Sell Itself
Sequoia Capital–backed logistics startup Next Trucking, facing a slowdown in the trucking sector, is trying to sell itself, according to people familiar with the matter and a pitch deck reviewed by The Information. Next has enlisted the help of BG Strategic Advisors, a Florida-based boutique investment bank specializing in transportation and logistics mergers and acquisitions, according...
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