Markets

Yes, you are waiting longer for Uber rides, a new study says

Yes, you are waiting longer for Uber rides, a new study says

Markets—

You might be waiting longer for your Uber ride to arrive — and paying more for it. The time between when Uber matched a driver with a rider and when the car arrived grew 19% between the first quarter of 2023 and the same period this year, according to a new analysis by Len Sherman,

Personal agents are AI companies’ best shot at keeping you faithful

Personal agents are AI companies’ best shot at keeping you faithful

Markets—

Allow OpenAI to reintroduce itself. After watching an upstart (Instinct) and tech giant’s (Meta) AI agents grab the spotlight, OpenAI has responded. Dots, OpenAI’s “always on” AI agent, got the big reveal at the startup’s annual DevDay conference in San Francisco. It’s the third major AI agent…

Clio just made an acquisition to deepen its push into the courts

Clio just made an acquisition to deepen its push into the courts

Markets—

While Harvey and Legora fight for Big Law’s business, Clio, an older legal tech company, is making a quieter bet on a corner of the market those upstarts have barely touched: the courts. Clio, last valued at $5 billion, has acquired Learned Hand, a startup that builds artificial intelligence tools…

The Airbnb backfire

The Airbnb backfire

Markets—

John Kenney is the second real estate agent to take a stab at selling 317 Matterhorn Drive, a rustic, two-bedroom cabin in Gatlinburg, Tennessee. The getaway sits in the foothills of the Smoky Mountains, about a 30-minute drive from Dollywood, in an area that draws millions of tourists each year…

Disney is starting its 3rd round of layoffs under CEO Josh D’Amaro

Disney is starting its 3rd round of layoffs under CEO Josh D’Amaro

Markets—

Disney is laying off employees for the third time since CEO Josh D’Amaro took the top job in mid-March. The Mouse House is cutting several hundred employees across teams, including tech and HR, a person familiar with the move confirmed to Business Insider. Deadline first reported Tuesday’s cuts…