startup

Former Google Startup to Replace Corner Stores with Vending Machines

Former Google Startup to Replace Corner Stores with Vending Machines

Two former Alphabet Inc (NASDAQ: GOOGL) employees launched a new startup aiming to replace corner stores with vending machines called “Bodega”, a term often used by New Yorkers for the local convenience store around the block. Interactiv..

Merck Acquires Rigontec for $550 Million

Merck Acquires Rigontec for $550 Million

Merck & Co. Inc. (NYSE: MRK) announced today its acquisition of German biotech start-up, Rigontec for approximately €464 million or $550 million to further advance studies and research in cancer treatment development.Merck agreed to pay &eu..

Target Hopes San Francisco-Based Startup Can Help Hit Same-Day Delivery Bulls-Eye

Target Hopes San Francisco-Based Startup Can Help Hit Same-Day Delivery Bulls-Eye

The race for delivery-based grocery supremacy has just taken a surprising turn as Target Corporation (NYSE: TGT) has teamed up with Grand Junction, a San Francisco-based local delivery startup that Target hopes will make them competitive with the li..

McGill Entrepreneurship Accelerator Program Funded $2 Million

McGill Entrepreneurship Accelerator Program Funded $2 Million

McGill is richer by two million dollars for funding its McGill X-1 Accelerator program. The money was donated by John Dobson Foundation. This will be funneled to McGill Dobson Center for Entrepreneurship. The money will fund the X-1 program. The lat..

BMW Joins Electric Car Startrup Faraday Future

BMW Joins Electric Car Startrup Faraday Future

Jia Yueting, Chinese Entrepreneur from Faraday Future, an electric car start-up, has hired BMW veteran Ulrich Kranz as chief technology officer, as it pushes to accelerate production of its FF91 luxury electric SUV despite its parent’s financi..