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General Motors’ Cruise, Walmart team up for driverless delivery

Bloomberg Walmart Inc is about to team up with Cruise LLC, the self- driving car unit majority-owned by General Motors Co, to experiment with delivering customer orders using driverless vehicles. Cruise’s robot-piloted cars will ferry orders to customers’ homes from a Walmart store in Scottsdale, Arizona, starting early next year, Tom Ward, the retailer’s senior vice president of customer product, ...

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Spotify agrees to buy Megaphone for $235m

Bloomberg Spotify Technology SA agreed to acquire Megaphone, which creates tools for podcast advertisers, in a deal that values the acquisition at $235 million. Founded by online news company Slate, Megaphone connects podcast publishers such as Vox and ESPN with networks of advertisers. Spotify will use Megaphone’s network and tools to offer advertising technology to thousands of podcasts. After building ...

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US grants TikTok 15-day extension on forced-sale deadline

Bloomberg The Trump administration has given the owner of TikTok another 15 days to resolve national security concerns before it’s required to sell the viral video-sharing app. The app’s Chinese owner, ByteDance Ltd, said in a court filing that the Committee on Foreign Investment in the US had granted it until November 27 to reach an agreement, extending a deadline. ...

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