Business

Uber to buy alcohol delivery startup Drizly

Uber said Tuesday it was acquiring the startup Drizly, specializing in delivery of beer, wine and spirits, for some $1.1 billion and would integrate it with its Uber Eats service.

Business

Deliveroo targets $7 billion valuation for IPO

British meals delivery company Deliveroo, boosted by demand during the coronavirus pandemic, said Sunday it was targeting a stock market listing after a fundraising round valued the company at more than $7.0 billion.

Automotive

GM charges up new unit to sell electric delivery vans, gear

The market for battery-powered delivery vehicles and equipment has so much potential that General Motors is forming a new business unit to serve it, a move that lifted the automaker's stock to a multiyear high.

Engineering

New testing system could become the IoT of photovoltaics

A new system for measuring solar performance over the long term in scalable photovoltaic systems, developed by Arizona State University researchers, represents a breakthrough in the cost and longevity of interconnected power ...

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