Dutch food delivery firm Just Eat Takeaway is to acquire Grubhub in an all-stock deal, the companies announced Wednesday, ending Uber’s hopes of merging with Grubhub. Just Eat said the deal valued Grubhub at $7.3 billion, a considerable premium to Grubhub’s market capitalization of a little above $5 billion although the true value of the deal will depend on where Just Eat shares trade...
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Meta Insiders Debate Key Issue for Reels: Whether to Share Ad Dollars With Creators

When Wall Street analysts dial into an earnings call tomorrow with Mark Zuckerberg, they’re likely to pepper the Meta Platforms CEO with different versions of a favorite question: What’s the latest on making money from Reels, Meta’s answer to TikTok? It’s a delicate topic inside Meta. After three years of work on Reels—a feature on Instagram and Facebook that shows...
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