DoorDash to buy UK’s Deliveroo for $3.86B

DoorDash said on Tuesday it has agreed to buy its U.K. rival Deliveroo for about £2.9 billion (around $3.29 billion), as the U.S. food delivery company seeks to expand into new markets. DoorDash will pay Deliveroo shareholders 180 pence per share, which represents a premium of 44% over the latter’s share price on 4 April, … Read more

Employer.com scoops up another fintech in purchase of MainStreet.com

Employer.com has acquired MainStreet.com for an undisclosed amount, the latest fintech startup to get snapped up by the workforce management company. In a post on X, Employer.com Chairman and co-founder Jesse Tinsley said the two companies were “merging forces to simplify business back office solutions into one powerhouse platform.” Tinsley confirmed the acquisition to TechCrunch. … Read more

Anduril is working on the difficult AI-related task of real-time edge computing

Anduril announced its ninth acquisition on Monday with the purchase of Dublin’s Klas, makers of ruggedized edge computing equipment for the military and first-responders. Anduril wouldn’t reveal financial details of the deal, and the purchase is subject to regulatory approval, but the company did say that Klas employs 150 people.  Relatedly, on Monday Anduril also … Read more

Is Duolingo the face of an AI jobs crisis?

Duolingo announced plans this week to replace contractors with AI and become an “AI-first” company — a move that journalist Brian Merchant pointed to as a sign that the AI jobs crisis “is here, now.” In fact, Merchant spoke to a former Duolingo contractor who said this isn’t even a new policy. The company cut … Read more

Trump says he’s willing to delay TikTok ban again

President Donald Trump has already delayed a TikTok ban twice, and he said Sunday that he’s willing to do it again. Axios reports that during an interview with NBC’s “Meet the Press,” Trump said that if a deal isn’t made to sell TikTok’s U.S. operations to American owners before the current June 19 deadline, he … Read more