CDK Global buys vehicle the e-commerce platform Roadster for $360 million

Roadster, the Palo Alto-based digital platform that gives dealers tools to sell new and used vehicles online has been acquired for $360 million by retail automotive technology company CDK Global Inc., according to a Securities and Exchange Commission filing. As part of the all-cash deal, Roadster is now a wholly owned subsidiary. Roadster’s business model […]

Google hires former SiriusXM CPO/CTO to lead its Maps team

Almost exactly a year ago, Google announced a couple of leadership changes that saw Prabhakar Raghavan, who joined the company back in 2012, take over the lead of Search, Assistant and Maps. Now, sources familiar with the hiring tell us, the company has hired Christopher Phillips, who was previously the chief product and technology officer […]

App Store generated $634bn in 2020 as we turned to apps to get through pandemic

Apple has revealed the App Store ecosystem generated $643 billion in billings and sales in 2020 – an increase of 24 per cent year on year – as the world turned to their apps to meet the challenges of the pandemic. Apps helped people stay connected, healthy, educated and entertained as we faced the year’s […]

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Rideshare drivers gather in NYC in hopes of unionizing

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Protesters gathered in bright red t-shirts and matching masks bearing the Independent Drivers Guild logo. Placards bearing slogans like “Freeze Hiring, Reactive Workers Now!” and “Unlock Uber” were being handed out at a table toward the entrance. What the gathering lacked in sheer numbers, it made up with enthusiasm. A wide range of speakers approached […]