Grab is talking to Ant Financial and PayPal about spinning out its financial services business

Grab is talking to Ant Financial and PayPal about spinning out its financial services business

Grab, the $16 billion-valued ride-hailing firm that acquired Uber’s Southeast Asia business last year, is in talks with Alibaba’s Ant Financial and PayPal as it considers spinning out of its financial services unit to double down on its non-transportation business, TechCrunch has learned. The seven-year-old company’s coming-of-age moment was a deal to buy Uber’s regional […]…

Transportation weekly: Nuro dreams of autonomous lattes, what is a metamaterial, Volvo takes the wheel

Transportation weekly: Nuro dreams of autonomous lattes, what is a metamaterial, Volvo takes the wheel

Welcome back to Transportation Weekly; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. We love the reader feedback. Keep it coming. Never heard of TechCrunch’s Transportation Weekly? Read the first edition here.  As I’ve written before, consider this a soft launch. Follow me on Twitter @kirstenkorosec to ensure you see it each week. […]…

Shiok Meats takes the cultured meat revolution to the seafood aisle with plans for cultured shrimp

Shiok Meats takes the cultured meat revolution to the seafood aisle with plans for cultured shrimp

Rising consumer interest in alternative proteins and meat replacements has brought hundreds of millions of dollars to companies trying to grow or replace beef or chicken, but few companies have turned their attention to developing seafood alternatives. Now Shiok Meats is looking to change that. The company has raised pre-seed financing from investors like AIM […]…

Former Dropbox exec Dennis Woodside joins Impossible Foods as its first President

Former Dropbox exec Dennis Woodside joins Impossible Foods as its first President

Former Google and Dropbox executive Dennis Woodside has joined the meat replacement developer Impossible Foods as the company’s first President. Woodside, who previously shepherded Dropbox through its initial public offering, is a longtime technology executive who is making his first foray into the food business. The 25-year tech industry veteran most recently served as the […]…

After FAA doubles down on 737 decision, Canada grounds the planes amid reports of complaints from U.S. pilots

After FAA doubles down on 737 decision, Canada grounds the planes amid reports of complaints from U.S. pilots

After the Federal Aviation Administration issued a statement late yesterday doubling down on its decision to keep the Boeing 737 Max planes at the heart of two accident investigations flying, Canada has become the latest nation to ground the plane. “There are — and I hasten to say not conclusive — but there are similarities,” […]…