Uber’s $14.8B Bet on Delivery | Business and Finance News

Uber just swallowed Delivery Hero for $14.8 billion, turbocharging its global delivery muscle and turning its app into a one-stop shop for rides and food — a bold move to outmaneuver DoorDash and lock in users through network effects. But with autonomous vehicles on the horizon, the future of ride-hailing’s sticky ecosystem is up for grabs. Meanwhile, GE Aerospace is battling supply chain crunches — up 20% in material shortages — as AI’s voracious appetite for specialty metals tightens the screws on aerospace and data center production, forcing tough choices for industries outside the AI boom. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/63e9a385c289bd89