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H-E-B has acquired Favor, the on-demand delivery service out of Texas. Favor will continue to operate as an independent wholly owned subsidiary of the grocery chain. The company first launched in 2013, bringing a Texas-tailored approach to on-demand delivery. While many on-demand services, such as Postmates, focus on high-density areas like NYC and San Francisco,
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Welcome to “Equity,” TechCrunch’s venture capital and tech business podcast. On this week, we were joined by Mike Ghaffary from Social Capital, who was the perfect guest because he used to run Eat24, when it was Yelp’s food delivery business. Food delivery is highly relevant to this week’s news. First up, we talked about Uber,
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Bynder, one of the leading companies in the digital asset management space, today announced that it has acquired Shutterstock‘s Webdam. The Amsterdam-based company tells us that it paid $49.1 million for Webdam, which Shutterstock itself acquired back in 2014. Like Bynder, Webdam’s focus is on helping enterprises and agencies manage their digital assets. Currently Webdam customers
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Game streaming site Twitch today is debuting an always-on chat room feature it’s simply calling “Rooms.” The addition was first announced at its developer event TwitchCon back in October, and was expected to launch before year-end. That timing shifted a bit, but the feature is going live today across both web and mobile for Twitch
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There are many reasons startups fail. Unfortunately, we just didn’t have enough time and ran out of money. Unfortunately, the customers just didn’t care enough about our offering. Unfortunately, the channel just wasn’t economically efficient. Unfortunately, I had the wrong person running engineering (or marketing, sales, finance etc.). Unfortunately, we were screwed anyway so we
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The Essential Phone, still among the best deals you can find in smartphones today, is now set to be available in three new colors, including “Ocean Depths,” “Copper Black” and “Stellar Gray.” These include two previously announced colours, the aquamarine-ish Ocean Depths and the dark matte “Stellar Gray,” but also the surprising third options, which
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Stem cells derived from a human placenta hold the key to unlocking a myriad of potentials in regenerative medicine and are the focus of X-Prize and Singularity University founder Peter Diamandis’ new endeavor. Called Celularity, the startup is a spinout from Celgene, a global biopharmaceutical company creating gene therapies. Diamandis teamed up with Dr. Robert
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Traditional models of recruiting are a mess. At companies like Google, quite literally millions of people apply for open roles, forcing hundreds of recruiters to sift through thousands of resumes per job opening. Worse, in their race to process through those applicants, recruiters often use fuzzy and subjective impressions of a candidate to match them
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Slack had added Edith Cooper, who most recently served as the global head of human capital management at Goldman Sachs, to its board of directors. As Slack prepares “for accelerated growth at scale,” Slack CEO Stewart Butterfield wrote in a blog post today, Cooper marks Slack’s second independent board member. “She has an unrivaled depth
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