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Tag Archives: Breaking News: Technology

Big Chinese corporations like Alibaba display that AI-powered advertisements are giving buying groceries a spice up

Big Chinese corporations like Alibaba display that AI-powered advertisements are giving buying groceries a spice up

Downtown Beijing on May 2, 2025. Greg Baker | Afp | Getty Images BEIJING — Alibaba, Tencent and JD.com reported profits this week that now not most effective mirrored bettering Chinese user spending, but in addition the rising advantages of synthetic intelligence in promoting. E-commerce massive Alibaba mentioned overdue Thursday …

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Millennial entrepreneur raised $2 million for a money-saving app for immigrants

Millennial entrepreneur raised  million for a money-saving app for immigrants

Nina Mohanty, founding father of Bloom Money. Bloom Money One millennial entrepreneur raised $2 million to construct a monetary app catered to standard money-saving strategies utilized by immigrant communities within the West. Silicon Valley local Nina Mohanty based Bloom Money in 2021, a fintech app designed to strengthen U.Okay.-based immigrant …

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Doordash publicizes $1.2 billion SevenRooms deal, misses earnings expectancies

Doordash publicizes .2 billion SevenRooms deal, misses earnings expectancies

Doordash on Tuesday introduced the $1.2 billion acquisition of restaurant reserving platform SevenRooms and reported first-quarter earnings that neglected expectancies. Shares of Doordash fell 5% following the inside track. Here’s how the corporate did, in keeping with LSEG expectancies: Earnings consistent with proportion: 44 cents vs. 39 cents anticipated Revenue: …

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DoorDash to shop for British meals supply company Deliveroo for $3.9 billion in out of the country push

DoorDash to shop for British meals supply company Deliveroo for .9 billion in out of the country push

A Deliveroo rider close to Victoria station in London, England, on March 31, 2021. Dan Kitwood | Getty Images LONDON — British meals supply company Deliveroo on Tuesday mentioned it has agreed to a takeover be offering from American rival DoorDash that values the corporate at £2.9 billion ($3.9 billion). …

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