Stay updated with breaking news from Tech Process. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
San Francisco-based Instacart's 5.1 million subscribers typically pay $99 a year or $9.99 a month for free deliveries on orders of $35 or more from any of the service's 1,400 retailers. Instacart also sells ad space on its site, including to Pepsi and Kellogg's, which want to promote products online.
The iPhone made up more than half of Apple's $394.3 billion in sales last year, but it faces new challenges with selling in China, the Cupertino, California firm's third-largest market.
The tech-based fintech firm, which also invests in commercial litigations and insolvent companies, said that the first-of-its-kind bonds are fixed-income instruments to finance the companies' expenses undergoing Corporate Insolvency Resolution Process (CIRP).
Microsoft last month offered to sell its cloud streaming rights to Ubisoft Entertainment after the Competition and Markets Authority (CMA) blocked the biggest gaming deal in history.
The announcement comes a week after Cognizant India's chairman and managing director Rajesh Nambiar, chairman and managing director was named as its chairperson. He was succeeding Anant Maheshwari, former president, Microsoft India, in the role. This means Gangadharan will assume the top chairperson role in the next cycle.