Indian food delivery giant Swiggy has hired bankers as it gears up for an initial public offering next year, a source familiar with the matter said. The startup, which was […]
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Back to news homeFast-Food Chains Stay Open in Russia, Mostly Quiet About Ukraine
McDonald’s has made no statement about the invasion. A company spokesman did not respond to questions about whether its restaurants in Russia were open, and how they are receiving supplies […]
Source makes greenhouses smarter to secure the future of food supply
Agtech startup Source.ag today announced it harvested a $10 million investment to make greenhouses smarter. The founders have set their eyes on a horizon where, driven by climate change and […]
New regulation in China to hit food delivery giants’ profit model
Between 2016 and 2020, the number of people who ordered food online in China doubled to 400 million. The boom was in part thanks to the generous subsidies shelled out […]
Here are the best and worst 2022 Super Bowl tech ads
What’s more illustrative of American capitalism than that day-after water cooler chat about the advertisements we saw during the Super Bowl? From food delivery apps to phones that were shockingly […]
From Liverpool to London, Inflation Means Tighter Wallets and Colder Homes
LIVERPOOL, England — For the past few weeks Vincent Snowball hasn’t needed to use the weekly food bank that runs out of a church near Liverpool’s city center. But he’s […]
Vertical farming firm Kalera eyes SPAC deal
Another vertical farming operation revealed its plans to hit Nasdaq by way of SPAC. This week, Florida-based Kalera announced plans to merge with Agrico Acquisition Corp. in a deal that […]
Daily Crunch: Citrix to be acquired by Vista and Evergreen/Elliott in $16.5B all-cash deal
Hello and welcome to Daily Crunch for Monday, January 31! We’re putting a bow on the first month of the year today, but that doesn’t mean we’re looking back. Not […]
Are embedded devices the next ransomware target?
2021 will be remembered as the year that ransomware gangs turned their attention to critical infrastructure, targeting companies built around manufacturing, energy distribution, and food production. The Colonial Pipeline ransomware […]
Inflation Hits the Fast Food Counter
On a chilly Tuesday afternoon this month, James Marsh stopped by a Chipotle near his suburban Chicago home to grab something to eat.It had been a while since Mr. Marsh […]