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Uber to acquire grocery delivery startup Cornershop

Uber to acquire grocery delivery startup Cornershop Uber will acquire Cornershop, a grocery delivery startup that began life serving the Latin American market and recently shifted to offer service in Toronto, its first North American city. Uber announced on Friday that it expects that its acquisition of a majority ownership stake in […]

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Alteryx acquires machine learning startup Feature Labs

Alteryx acquires machine learning startup Feature Labs Alteryx, a publicly traded analytics company, announced this morning that it has acquired Feature Labs, a machine learning startup that launched out of MIT in 2018. The company did not reveal the terms of the deal. Co-founder and CEO Max Kanter told TechCrunch at the […]

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Tiny acquires Meteor

Tiny acquires Meteor Canadian technology holding company Tiny, home to companies like Dribble, Flow and Unicorn Hunt, today announced that it has acquired Meteor, the JavaScript-centric open-source app platform. Meteor launched back in 2011 and while it was a developer darling for a while, its momentum stalled a bit in recent years […]

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How Peloton made sweat addictive enough to IPO

How Peloton made sweat addictive enough to IPO It makes lazy people like me work out. That’s the genius of the Peloton bicycle. All you have to do is velcro on the shoes and you’re trapped. You’ve eliminated choice and you will exercise. Through a succession of savvy product design choice I’ll break […]

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Facebook has acquired Servicefriend, which builds ‘hybrid’ chatbots, for Calibra customer service

Facebook has acquired Servicefriend, which builds ‘hybrid’ chatbots, for Calibra customer service As Facebook prepares to launch its new cryptocurrency Libra in 2020, it’s putting the pieces in place to help it run. In one of the latest developments, it has acquired Servicefriend, a startup that built bots — chat clients for […]

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The We Company reportedly will put its public offering on hold

The We Company reportedly will put its public offering on hold The We Company, parent company of the short-term real estate property management and development company WeWork and other We-related subsidiaries, is reportedly shelving its plans for an initial public offering. The company’s plans for a public offering have been hampered by […]

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OpenGov acquires ViewPoint Cloud, adding building codes and permitting to its platform

OpenGov acquires ViewPoint Cloud, adding building codes and permitting to its platform In the same week that it announced a $51 million round of funding, OpenGov — the startup that provides SaaS software designed to help governments and other civic organizations run their operations — is announcing an acquisition to expand the […]

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We Company adds a director, ditches its $5.9 million naming deal with its CEO, remains a governance nightmare

We Company adds a director, ditches its .9 million naming deal with its CEO, remains a governance nightmare The company formerly known as WeWork, in an amendment to the S-1 that launched dozens of critical headlines, says it has added a new director to its board and unwound the $5.9 million payout […]

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India’s Oyo acquires Copenhagen-based data science firm Danamica for $10M

India’s Oyo acquires Copenhagen-based data science firm Danamica for M India’s Oyo said on Monday it has acquired Copenhagen-based data science firm Danamica as the giant lodging startup works to expand its business in Europe. Neither of the parties disclosed financial terms of the deal, but a source familiar with the matter […]

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2019 tech IPOs: Some thoughts from the public company roller coaster

2019 tech IPOs: Some thoughts from the public company roller coaster Scott Sanborn Contributor Scott Sanborn is CEO of LendingClub. 2019 has already been an active year for U.S. tech IPOs. Some highly anticipated unicorns, such as Uber and Lyft, have disappointed investors with their IPO debuts and their first results as […]

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