Elon Musk, not for the first time in his life, seemingly broke the internet last week with his offer to buy Twitter in a nearly $44 billion bid. In early April 2022, Elon Musk purchased 73,486,938 shares of Twitter’s stock, valued at $2.89 million, making him the largest shareholder of the social media company at […]
Over the last decade, the rapid expansion of the gig economy has had a significant impact not just on the future of work, but on our digital society. Given its swift rise to meteoric growth, few have stopped to consider the possible negative impact that third-party delivery apps might have on restaurants, gig workers, and […]
In recent years, the number of independent and gig workers has multiplied to the extent that it now employs an estimated 34% of the U.S. workforce. COVID-19 highlighted our reliance on gig workers in particular as many other parts of the economy shut down. Even though the economy has started to rebound, Americans continue to […]
DoorDash has launched a lawsuit against New York City due to a new law the city has passed, which requires delivery platforms to share customer data with restaurants. This lawsuit is the latest in a series of legal squabbles between delivery platforms and local government. Last week, DoorDash, Grubhub and Uber Eats filed a lawsuit […]
Even though Amazon recently took Walmart’s title as the world’s largest retail seller, Walmart has announced the commercialization of its delivery service, Walmart GoLocal. The retail giant’s delivery service is a move that’ll help businesses, small and large, deliver goods to patrons through contract workers, autonomous vehicles and even drones. Walmart initially started its delivery […]
Nasdaq announced on Tuesday that they’re partnering with a group of banks to separate their platform, Nasdaq Private Market, which allows investors to trade in stocks of private companies. The goal of this new partnership is to help increase deal-making activity to Nasdaq Private Market, the New York-based exchange operator’s trading platform for shares of […]