Browsing Category: Business

Gig worker driver following GPS to deliver food

Uber, Lyft, DoorDash Stocks Dip After U.S. Labor Secretary Walsh Says Gig Workers Should be Employees

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 […]

Amazon Acquires Shopify Competitor Selz

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 […]

Uber Acquires Drizly in $1.1 Billion Deal

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 […]

Best Stock Trading Apps of 2021

With the stock market having more eyes on it than ever before as a result of Gamestop and AMC stocks soaring to disrupt the market, more people want their hands in the action. Reddit, TikTok, and other social media platforms are largely responsible for an increased awareness of the market, short-sellers, hedge funds, and other […]