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EU Agrees to Hike VAT on Airbnb, Uber After Estonia Drops Veto

The European Union has reached an agreement to reform VAT rules that will impose tax hikes on online platforms offering short-term rentals and ridesharing services, such as Airbnb and Uber, reports Euronews. This comes after Estonia, home to ride-sharing app Bolt, dropped its opposition to the proposal. Estonia had previously

OpenAI Lures New Funding as Dell Surges on AI Demand, Atlassian Snags Rewatch for AI Meetings

Cloud & Infra | AI | Consumer | Venture Cloud & Infra Dell Experiences Soaring Server and Networking Revenue Thanks to AI Dell Technologies has reported an 80% surge in server and networking revenue, driven by high demand for AI infrastructure. The company's close partnership with Nvidia and its focus on

Uber's Drizly Decision, Canva's Share Sale, and the AI Race Heats Up

Good morning, here’s your weekly dose of what happened in the software and e-commerce space last week:  Uber axes Drizly: The alcohol delivery service that fueled countless home happy hours during the pandemic, is calling it quits. Uber, which acquired Drizly in 2021 for $1.1 billion, decided that
Uber's Drizly Decision, Canva's Share Sale, and the AI Race Heats Up