doordash - Tech News from Simmons Systems

Tech News from Simmons Systems

doordash

A collection of 14 posts

Wing and DoorDash Expand Drone Delivery to Dallas-Fort Worth Area

Alphabet's Wing and DoorDash are bringing fast drone delivery to the Dallas-Fort Worth Metroplex, allowing customers to receive meals from 50 local merchants in as little as 15 minutes.

Grocery Delivery Giant Instacart Goes Public in Long-Awaited Nasdaq Debut

Instacart begins trading on the Nasdaq, seeing an initial pop before settling to an $11 billion valuation. The grocery delivery company prioritizes profitability over rapid growth in the first major venture-backed IPO since 2021.

2022 Teaches Hard Lessons in Botched Data Breach Responses

A review of 2022's worst data breach responses shows that poor communication often causes more damage than the hacks themselves. Companies like Nvidia, DoorDash, and Samsung fail to provide basic transparency to affected users.

DoorDash Confirms Customer Data Breach Tied to Twilio Phishing Campaign

DoorDash reveals that hackers accessed customer and driver personal information by stealing credentials from a third-party vendor linked to the recent Twilio breach.

DoorDash and Meta Test Delivery Service for Facebook Marketplace Items

DoorDash and Meta are currently testing a new delivery feature for Facebook Marketplace that allows drivers to pick up and drop off eligible items. The partnership aims to make peer-to-peer selling safer and more convenient while helping DoorDash expand beyond food delivery.

California Voters Approve Proposition 22 to Keep Gig Workers Independent

California voters pass Proposition 22, allowing companies like Uber and Lyft to keep classifying their drivers as independent contractors. The new law provides limited benefits while preserving worker flexibility.

Gig Economy Giants and Tech Startups Face Major Labor and Culture Scrutiny

DoorDash pours millions into California's Prop 22 while surveillance startup Verkada fires employees for abusing facial recognition tech. Meanwhile, Coinbase searches for a new diversity chief following a controversial corporate policy shift.

Uber, Lyft, and DoorDash Fund Ballot Initiative to Protect Contractor Status

Major gig economy companies back a 2020 ballot measure to override California's AB-5 and keep drivers as independent contractors. The initiative offers new wage guarantees and benefits while maintaining flexible work schedules.

DoorDash Confirms Massive Data Breach Affecting Nearly 5 Million Users

DoorDash reveals that hackers stole the personal information of 4.9 million customers, workers, and merchants through a third-party service provider. The company faces questions over a five-month detection delay and previous unexplained account compromises.

DoorDash Overhauls Tipping Policy After Customer Backlash

DoorDash introduces a new compensation model that ensures every tip goes directly to delivery workers. The update replaces a controversial system that used customer tips to subsidize base pay.

Postmates Prepares to Go Public Amid Fierce Food Delivery Competition

Postmates plans to release its IPO paperwork in September, aiming for a stock market debut by the end of the third quarter. The delivery company moves forward with its public offering despite ongoing industry consolidation and fierce competition from Uber and DoorDash.

DoorDash Acquires Square's Caviar for $410 Million

DoorDash purchases the premium food delivery service Caviar from Square for $410 million in a cash and stock deal. The acquisition allows Square to focus on its core business ecosystems while expanding DoorDash's restaurant selection.

SoftBank Faces Backlash Over Chaotic Strategy As Pinterest and Lyft Prep IPOs

Limited partners voice concerns over the SoftBank Vision Fund's chaotic decision-making and inflated valuations, raising ethical questions for portfolio startups. Meanwhile, Pinterest and Lyft take steps toward highly anticipated public offerings.

Cruise and DoorDash to Test Food Delivery Using Self-Driving Cars in San Francisco

Cruise and DoorDash partner to test food and grocery delivery using self-driving vehicles in San Francisco.