Uber shares tumble 5% as reports indicate it will lose the Grubhub deal to European rival

Reports this morning indicate that Uber, the American ride-hailing giant with a global footprint, will lose out on its attempt to buy Grubhub, an American food ordering and delivery service. Uber competes with Grubhub domestically with its Uber Eats service; a tie-up between the two could have given Uber suffocating market share in the United […]

Uber could lose its Grubhub deal to Just Eat or Delivery Hero

According to CNBC there are two suitors rivaling Uber for purchase of U.S. food delivery company Grubhub: Just Eat Takeaway (the union of Just Eat and Takeaway) and Delivery Hero. Both are European companies perhaps looking for a major entry to the United States market. Just Eat Takeaway is based in the U.K. and Holland, […]

Silicon Valley can fight systemic racism by supporting Black-owned businesses

Will Walker Contributor Will Walker is a JD candidate at Harvard Law School, and a contributing author to “Incomprehensible!: A Study of How Our Legal System Encourages Incomprehensibility, Why It Matters and What We Can Do About It”. As the United States sees its second week of large-scale protests against police brutality, it’s painfully clear […]

Democratic senators flag Uber’s possible Grubhub deal over antitrust concerns

In a new letter to the U.S. Federal Trade Commission and the Department of Justice, a group of Democrats in the Senate urge regulators to “closely monitor the negotiations” between Uber and Grubhub and to initiate an antitrust investigation if a rumored deal between the two companies comes to pass. In a letter signed by […]