Tag: business
Instacart is expanding Costco pharmacy deliveries nationwide
Instacart is expanding Costco pharmacy deliveries to almost 200 locations in Arizona, California, Delaware, Florida, Illinois, New York, Washington and Washington DC. It plans to bring the service, which it started testing in November in California a… Source
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Changing policy, Y Combinator cuts its pro rata stake and makes investments case-by-case
In a message posted to its internal communications channel earlier this week, the massive startup accelerator Y Combinator said it will change the terms of its own PPP (the YC pro rata investment program) and investing in companies raising seed and Series A rounds on a case-by-case basis. The company…
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Riot buys the makers of a combat-heavy ‘Minecraft’ clone
League of Legends and Valorant developer Riot Games just shared its next big bet. On Thursday, the company said it had acquired Hypixel Studios, the creator of an upcoming role-playing game called Hytale. If you're not familiar with the game, think M… Source
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Verizon buys video conferencing app BlueJeans
In a classic example of trying to strike while the iron is hot, the business unit of Verizon (Engadget's parent company) is acquiring BlueJeans. If you're not familiar, BlueJeans is a video conferencing app like Zoom. Verizon didn't disclose the fina… Source
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Unicorn layoffs keep piling up as the economy gets worse
Earlier today a grip of new data presented a sharply negative picture of the American economy. And this afternoon, news broke that a trio of well-known, heavily-backed unicorns were cutting staff. With stocks down as well, we’ve received negative signals from the private market, the public market and the economy…
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Amazon fires two employees over criticism of labor practices
Amazon has confirmed the firing of two former employees who had been vocal critics of the company's climate and labor practices. On Monday, the retailer told the Washington Post, which is owned by Amazon CEO Jeff Bezos, that it had stopped employing… Source
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