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 […]
“Gig” was originally used as slang for a musical performance, but the term has come to mean much, much more than that. Now, the term gig has grown to include any job that is paid for services rendered, basically, anything that used to be referred to as part-time, freelance or consulting work. Gigs are legitimate […]
Labor Secretary Marty Walsh expressed that in most cases he believes gig workers should be classified as employees with benefits rather than as independent contractors. Walsh’s statements sent shock waves through Wall Street as stocks of gig companies like Lyft, DoorDash and Uber plummeted amid speculation about the future of the fraught business model under […]
Due to a glitch in the DoorDash app, drivers on the platform are making more money in an effort they’re calling #DeclineNow, where they decline low-paying orders to drive up their average pay per order, according to a Vice report. The movement has garnered thousands of individuals in support, with an almost 30,000 member private […]
In January, Amazon quietly acquired Selz, an Australian company that competes with companies like Shopify and BigCommerce to help small brands launch their own online stores. The acquisition wasn’t made public until mid-February when Selz announced the acquisition on its blog. As consumers have heavily relied on digital storefronts to fulfill their shopping needs, Amazon’s […]
On February 4, Uber announced its plans to acquire alcohol delivery service Drizly in a $1.1 billion deal, which will be finalized later this year Upon finalization, Drizly’s services will be integrated into the Uber Eats platform, but Drizly will still keep its own app as well, according to CNBC reports. This deal signifies the […]