Uber Agrees to Buy Postmates in $2.65-Billion All-Stock Deal: Report

Uber Technologies has agreed on a deal to buy food-delivery app Postmates Inc in a $2.65 billion all-stock agreement, Bloomberg News reported late Sunday, citing people familiar with the matter.

Comments

Post a Comment

Popular posts from this blog

Coinbase to Ramp Up Web3 Initiatives in the UK as Japan, Dubai Race to Become Blockchain Hubs

The Web3 sector is catching the attention of global industries, who are now looking at metaverse and NFTs as important revamps to tackle the existing monotony in the advertising and marketing industries. While nations like Japan, Dubai, and South Korea are accelerating efforts to establish themselves as Web3 hubs, UK does not wish to be left behind in adopting the new age technology. Coinbase, which is among the biggest names in the crypto industry, will be ramping up Web3 initiatives in the UK in the coming days. Brian Armstrong , the CEO of the Coinbase crypto exchange, is set to address the UK Fintech Week on Tuesday, April 18. As per an official Coinbase blog , Armstrong will be discussing in detail how the company intends on helping the UK become an innovation hotspot for Web3 ventures. A total of nine steps have been listed by Coinbase on how more Web3 initiatives could decide UK as the epicentre of their activities. These steps include having British banks collaborate with cr...
Read more

Meta to Discontinue "Facebook News" Feature in UK, France, Germany: Here's Why

Meta Platforms said on Tuesday it will discontinue the " Facebook News " feature on its social media app in the UK, France and Germany, later this year. Users will still be able to view links to news articles and European news publishers will continue to have access to their Facebook accounts and pages after the change is implemented in December, Meta said. However, Facebook will not form new commercial deals for news content on "Facebook News", nor offer product innovations for news publishers in these countries. "Facebook News", which curates a feed of news articles, is a dedicated tab in the bookmarks section of the Facebook app. "News makes up less than 3 percent of what people around the world see in their Facebook feed, so news discovery is a small part of the Facebook experience for the vast majority of people," Meta said in a blog post . Along with Big Tech peer Alphabet , the company has come under increasing pressure from lawmake...
Read more

Oppo K11 5G With Snapdragon 782G SoC, 100W Fast Charging Launched: Price, Specifications

Image
Oppo K11 5G has been unveiled in China today (July 25) as the latest handset in the company's K-series. The new 5G smartphone runs on Snapdragon 782G SoC and is available in three RAM and storage configurations. It is offered in two colour options and the handset features a hole punch cutout on the display for housing the selfie camera. It has a triple camera setup at the rear, led by a 50-megapixel Sony IMX890 sensor. The Oppo K11 5G is backed by a 5,000mAh battery with support for 100W fast charging. Oppo K11 5G price, availability The price of Oppo K11 5G starts at CNY 1,899 (roughly Rs. 21,000) for the base 8GB RAM + 256GB storage model. The 12GB RAM + 256GB storage variant is priced at CNY 2,099 (roughly Rs. 24,000), and the top-end version with 12GB RAM + 512GB storage gets a price tag of CNY 2,499 (roughly Rs. 29,000). It is offered in Glacier Blue and Moon Shadow Gray (translated from Chinese) shades. The handset is currently up for pre-booking in China through the com...
Read more