DoorDash to use Serve Robotics’ sidewalk robots for deliveries in Los Angeles

DoorDash customers in Los Angeles might soon have their food brought to them by one of Serve Robotics’ sidewalk delivery bots. The two companies on Thursday announced a multi-year partnership that would see them using autonomous robots to make deliveries across the U.S.   The tie-up comes a week after DoorDash unveiled Dot, an autonomous food delivery … Read more

Amazon Pharmacy is launching vending machines for prescription drugs

Amazon announced on Wednesday that it’s debuting prescription vending machines at its One Medical clinics. The new in-office kiosks, which are operated by Amazon Pharmacy, let patients pick up their prescriptions immediately after their appointment. Amazon Pharmacy Kiosks will be available at One Medical locations in Los Angeles starting in December, and Amazon plans to expand to … Read more

Charles Schwab backs Singapore’s Qapita, a Carta challenger

Qapita, a Singapore-based equity management platform, has raised $26.5 million in a Series B round led by Charles Schwab. As part of the deal, Charles Schwab has introduced a new platform called Schwab Private Issuer Equity Services — powered by Qapita — which let’s U.S. startups manage their cap tables, administer stock plans, and prepare … Read more

Revolut aims to take on Indian banks and their ‘criminal’ forex fees

British fintech Revolut — now launching in India — says cross-border payments remain one of India’s most underserved financial services. By its estimate, Indians spend about $30 billion overseas every year and lose around $600 million in bank charges — fees its India head calls “criminal.” “It has been the preserve of banks,” Paroma Chatterjee, … Read more

Facebook updates its algorithm to give users more control over which videos they see

Meta announced on Tuesday a new Facebook algorithm update that will showcase more Reels videos tailored to users’ preferences. The update includes features that offer users greater control over the videos they see, AI-powered search suggestions, and new friend bubbles.  Facebook will make it easier for users to express their disinterest in these types of … Read more