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All Amazon restaurants in the United States are shutting down

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All Amazon restaurants in the United States are shutting down

Last November, Amazon closed their restaurant delivery business in London and now they are also shutting down their service in the United States. This service was launched in the year 2015 and has been running since then. This feature was an added perk for all the Amazon prime users. Prime users had another way of ordering meals along with products and groceries.

The service has been under constant competition with Uber Eats, Grubhub, DoorDash, and Deliveroo. Amazon tried to put discounts so that they can win market shares, but nothing worked out for them. The company failed miserably to establish itself as a significant player in this industry. The main problem is that Amazon is not the first name that comes to people’s mind when they think of ordering food online. The main focus of Amazon was to deliver hot meals to people during lunch and dinner.

According to GeekWire, Amazon will close all its lunch delivery workplace and Daily Dish very soon. The only reason Amazon decided to step down from this industry is that they now want to focus more on the grocery business. TechCrunch was earlier tipped off by a source from Amazon. Amazon made the announcement of closure on the 24th of June 2019. Amazon also mentioned that there will be layoffs because of business closure.

They added:

“As of June 24th, we will be discontinuing the Amazon Restaurants business in the U.S.,” an Amazon spokesperson said. “A small fraction of Amazon employees are affected by this decision, and many of those affected have already found new roles at Amazon. Employees will be offered personalized support to find a new role within, or outside of, the company.”

The decision of Amazon leaving the food delivery industry has made a positive impact on their rival GrubHub with the jump in stocks of about 5 percent.

Alex Rowe is the Founder and CEO of VOIVO InfoTech. He looks after the work done by all the reporters. He manages the entire blog and makes necessary updates on the blog. Apart from this, he also loves audio, design, and writing. To get in touch with Allen for news reports you can email him on [email protected] or reach him out on social media links given below.

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Startups

Google finally announced their $1 billion which is their 10-year plan to add thousands of homes in the Bay area

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Google finally announced their $1 billion which is their 10-year plan to add thousands of homes in the Bay area

A housing crisis is going on in the bay area in San Francisco. It is one of the most controversial topics in the market now. A check for 1 billion dollars is as close as you can get and Google has announced that they are writing one.

In a post, the Chief executing officer of Google Sundar Pichai has carefully explained that in order to make things better, they will be investing their money on this project. One of the most important social issues in the area is housing.

San Francisco is one of the most expensive places to live in the entire world. A lot of people have revealed that the tech industry has ended up making the place expensive.

Google has been one of the reasons for all the protests. Google has been under scrutiny and to make sure that the company can easily regain all its reputation ended up investing money on the housing problem of the Bay area. Google has been facing some problems in different AI ethics and advertising policies.

Google is doing this as an act of remedy and an act of conscience. Google has been able to win a lot of hearts with the help of their 10-year housing plan in the Bay area. A total of $750 million is what comes as the repurposing of the commercial real estate for different residential purposes.

This project will help build a total of 15,000 new homes at different income levels. The Chief Executing Officer said that this will basically help the chronic shortage of affordable housing options. Google has not said how many of the homes they are building will be affordable.

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Startups

$6M Raised By GuestReady To Help Hosts On Airbnb And Other Services To Handle Their Property

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$6M Raised By GuestReady To Help Hosts On Airbnb And Other Services To Handle Their Property

GuestReady is a three year old company that allows shared-economy hosts manage their business on rental sites such as Airbnb. They have recently announced to raise $6 million.

The investment was supported by a Russian fund, backer Impulse VC which is backed by Roman Abramovich who is a billionaire Chelsea FC owner. However, other past backers also participated in the investment. This included Aria Group, Boost Hero4es and 808 Tech Ventures.

GuestReady is known to provide a property management platform to the owners that help them to handle the intricacies of working a shared-economy house. The company claims to cover more than 2000 properties in six different countries including Portugal, the UK, France, Malaysia, UAE and Hong Kong. As stated by Alexndar Limpert, CEO of GuestReady, Airbnb happens to be the ideal platform to work with. However, a major portion of the business is known to generate from Expedia’s HomeAway and Booking.com.

Limpert also added that the company’s annual booking volume is going to reach $50 million on a yearly basis. In the past few years, the company’s overall revenue collection have also tripled. Even the burn rate has reduced. However, he didn’t provide any specific figures.

Limpert said that this is by far the largest deal of the company. It is a strategic move to emerge as the market leader in Europe.

CEO GuestReady stated that, “quite a few conversations right now” over potential acquisitions.

He also added:

“We believe the market (for guest services) will consolidate.”

According to him there are many new companies that start out with promises. However, they struggle to reach the 50-100 properties under management.

He further added:

“they realise this is an intensive business without good processes and technology.”

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Days after the expansion, Ethiopia’s government shuts off the internet

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Days after the expansion, Ethiopia’s government shuts off the internet

A couple of days after the Ethiopian ICT officials made all the public pledges so that they can improve net access, the government started to play off again. The government decided to shut off the internet so that they can coincide with the country’s national examination.

Data Provider from Oracle said to Tech Crunch that there was an internet blackout day from the 11th of June till the 14th of June. The connectivity of the internet was returning for a very brief period in the whole time span.

Some of the sources which are in the ground are known to include the countries tech community. The connectivity of IP and Mobile is now managed by a company called Ethio Telecom, which is owned by the state.

Prime Minister, Abiy Ahmed and President Sahle-Work Zewde were the people who came up with this solution. Both of the officials have committed that they will break up with the existing telecom company and privatize it.

There are other reasons for the outrage because of that government of Ethiopia has not released the statement. The government official has still not ended up changing the ICT Policy. They also refused to respond to the tech crunch industry.

According to the internet, people are saying that the only reason that the Internet was switched off is because of the students. If the internet was fast, students will end up cheating.

Ethiopia is basically an East African nation with 100 million economies and the continent’s largest economy and the next cyber hub.

The start-up culture of the country has begun to grow and in just a couple of years, you will be able to see the growth of the company along with new startups.

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