DoorDash to buy UK’s Deliveroo for $3.86B
DoorDash said on Tuesday it has agreed to buy its U.K. rival Deliveroo for about £2.9 billion (around $3.85 billion).
FTC bans hidden fees for live events and short-term rentals, effective May 12
The U.S. Federal Trade Commission (FTC) on Monday released new documentation detailing its new “Rule on Unfair or Deceptive Fees.” The rule, set to take effect on May 12, prohibits hidden fees for live events, hotels,…
Pinterest updates visual search with more AI-powered features
Pinterest is upgrading its visual search feature with a handful of new capabilities. On Monday, the company announced it’s rolling out new functionality to improve its feature that allows users to search using an image…
Temu stops shipping products from China to the U.S.
Chinese retailer Temu has shifted strategy in the face of U.S. tariffs. Through executive order, President Donald Trump has ended the so-called de minimis rule, which allowed goods worth $800 or less to enter the…
eBay and Etsy are relatively confident despite tariff pressures
Like virtually every sector in the business world, the secondhand industry is grappling with the ramifications of President Donald Trump’s tariffs. However, based on the comments made by eBay and Etsy earlier this week, both…
Apple CEO Tim Cook says tariffs to add $900M in costs in Q3, but future uncertain
Apple CEO Tim Cook offered the company’s first comments on the impact of President Trump’s tariffs during Thursday’s second-quarter earnings call with investors. While the iPhone maker saw only “limited impact” from tariff…