Allbirds is selling for $39 million. It raised nearly 10 times that amount in its IPO.

The collapse of the brand, which was originally venture-backed and that went public in 2021, has been well-documented.

Meta turns to AI to make shopping easier on Instagram and Facebook

Meta is using generative AI to provide more product and brand information to consumers when they’re shopping in its apps.

Ads are coming to Apple Maps, as Apple expands its business offerings

Apple Maps will launch ads this summer in the U.S. and Canada. Plus, a new suite of Apple Business offerings arrives April 14.

Pinterest launches a new feature to promote a Pin

Pinterest is rolling out promoted pin feature to the users in the U.S. in coming weeks

Bengaluru food delivery startup Swish raises $38M: its third round in 18 months

Swish has more than doubled its valuation in a year as its full-stack, hyperlocal model positions ultra-fast food delivery as a high-frequency habit.

Grab to buy Foodpanda Taiwan from Delivery Hero for $600 million

Grab will acquire Delivery Hero’s Foodpanda business in Taiwan for $600 million, expanding beyond Southeast Asia and setting up a closer challenge to Uber Eats in a tightly contested market.

DoorDash launches a new ‘Tasks’ app that pays couriers to submit videos to train AI

Delivery couriers will be able to earn money by completing activities like filming everyday tasks or recording themselves speaking in another language.

Patreon CEO calls AI companies’ fair use argument ‘bogus,’ says creators should be paid

Patreon CEO Jack Conte says AI companies should pay creators for training data, arguing their fair use defense falls apart when they license content from major publishers.

Amazon adds 1-hour and 3-hour delivery options in the US

Amazon Prime subscribers will be charged $9.99 for one-hour delivery and $4.99 for three-hour delivery. If you don’t have a Prime subscription, you’ll pay $19.99 for one-hour delivery and $14.99 for three-hour delivery.

Shopify is preparing for AI shopping agents to change everything, exec says

Shopify is preparing for an ecommerce transformation via AI shopping agents, says president Harley Finklestein.