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Costco Ramps Up Same-Day Delivery, Expanding Uber, DoorDash Partnerships
The Wall Street Journal2d agobullish
Costco Ramps Up Same-Day Delivery, Expanding Uber, DoorDash Partnerships

Costco is expanding its fast delivery network as it works to grow sales in new ways. Earlier this week Uber said it would expand its partnership with Costco to deliver products in 47 U.S. states, up from 17 states. On Thursday DoorDash said it would also start delivering Costco products in the U.S. from all U.S. locations.

Bloomberg65d agobullish
Uber Agrees to Buy Delivery Hero in $14.8 Billion Deal

(Bloomberg) -- Uber Technologies Inc. has agreed to buy Delivery Hero SE in a deal that values the German food-delivery company at $14.8 billion.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveOnePlus, Once Popular with Tech Fans, to Pull Out of US and EuropeTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUber

Uber Reaches Deal for $14.8 Billion Takeover of Delivery Hero
The Wall Street Journal65d agobullish
Uber Reaches Deal for $14.8 Billion Takeover of Delivery Hero

Uber Technologies agreed to acquire Germany’s Delivery Hero in a deal that values the German food-delivery company at $14.8 billion and seeks to strengthen the U.S. tech company’s footprint in international markets. The San Francisco-based company said Thursday that it entered into a combination agreement with Delivery Hero under which it will offer 41.50 euros a share in cash.

Salesforce to buy AI agent platform Fin for about $3.6 billion
Reuters96d agobullish
Salesforce to buy AI agent platform Fin for about $3.6 billion

Salesforce said on Monday it had ‌signed an agreement to buy ‌autonomous AI agent platform Fin for ​about $3.6 billion. The deal strengthens Salesforce's Agentforce platform, as technology firms compete to roll out usage-based ‌autonomous digital ⁠workers across enterprises. Following completion, Salesforce and Fin will ⁠expand options for deploying AI agents in customer service, ​allowing customers ​to incorporate ​them with existing ‌systems, the companies said.

SpaceX’s IPO is 4X Oversubscribed. There’s a Surprising Reason That Number Should Scare IPO Buyers
24/7 Wall St.101d agobullish
SpaceX’s IPO is 4X Oversubscribed. There’s a Surprising Reason That Number Should Scare IPO Buyers

The excitement surrounding SpaceX’s IPO has reached a level rarely seen in modern markets. Investors have spent years waiting for a chance to own a piece of Elon Musk’s rocket giant, and demand has poured in from both Wall Street institutions and retail investors. According to Bloomberg, multiple institutional investors have submitted orders exceeding $10 ... SpaceX’s IPO is 4X Oversubscribed. There’s a Surprising Reason That Number Should Scare IPO Buyers