Uber spent 2019 shedding its loss-making businesses and laying off staff on a global scale in a bid to become profitable. The latest to get the ax is the Indian arm of Uber Eats, which has been sold to the local rival Zomato. Uber Eats ceased all of its operations in the Asian market earlier today, following a blog post by Zomato founder Deepinder Goyal.
Read More
Online shopping and delivery have made it easier than ever to find and purchase new products, but those benefits haven't fully carried over to physical stores, especially for smaller merchants. In an effort to help out, a company called Pointy has developed some tech that it's been using with Google to let local retailers maintain an up-to-date online catalog of their in-store inventories. Now Google's looking to bring Pointy's assistance to even more stores, as it announces its intention to acquire the firm.
Read More
A report from a few days ago suggested that Google's parent company Alphabet was in talks to purchase fitness tracker manufacturer Fitbit, and sure enough, an official announcement has just confirmed that the deal is going ahead at a cost of $2.1 billion. With confidence in Wear OS seemingly at an all-time low, this latest news could signal that Google's wearable ambitions have some life in them yet.
Read More
Fitbit has been on a rollercoaster of success and uncertainty since releasing their first step tracker all the way back in 2007, and now the fitness tech icon may be looking for a potential buyer. This comes after Fitbit cut its 2019 revenue forecast after sales of its newest wearables (namely the Versa Lite) were below expectations.
Asurion, an insurance company offering services including accidental damage protection and warranty extension for consumer electronics, has just acquired the retail phone repair outlet uBreakiFix. This follows the latter company's recent celebration opening its 500th store,
Read More
Barnes & Noble, being the largest bookstore chain in the United States, has had lasting power in an industry where its competitors have fallen to tech giants, namely Amazon. In the past decade, the company has been able to keep afloat by doubling down on supplying education clients and investing in its Nook and SparkNotes product lines, but it has straddled the line between profit and loss for the past decade. Today, multinational asset management firm Elliott has announced its intent to acquire the Barnes & Noble for approximately $683 million and has plans to invest.
Read More
Sometimes we need to get a bit meta when it comes to the subject of Android. Yesterday Future plc, the company behind media outlets including Tom's Guide, Anandtech, PC Gamer, and TechRadar, announced that it had purchased Mobile Nations for a cool $60 million. That purchase includes Android Central, Windows Central, and Thrifter.
Read More
In all of the Android 9 Pie news yesterday, this little bit slipped under the radar. Google wasn't completely wrapped up in announcing and releasing the latest version of Android; no, it was also acquiring a small company that could benefit our favorite operating system, just not in a truly user-facing way (unless we want to get really technical). GraphicsFuzz, a three-man firm based in the UK, is joining the Android Graphics Team to improve GPU security and driver stability going forward.
Read More
Loading ...
