Amazon (AMZN -1%) has offered food delivery company Deliveroo a loan to help with the startup’s capital crunch, according to Bloomberg sources.
The size of the loan is unknown, but Deliveroo is reportedly seeking “significant funds” to continue operations.
Deliveroo had about $240M in cash and equivalents at the end of 2018 and a net loss of $302M.
Amazon led a $575M round in Deliveroo last May and was seeking a minority stake, which was blocked by the UK competition regulator. The regulator is conducting a probe and will provide a decision by June 11.
Super League Gaming partners with Wanda Cinemas Games
AppSheet will join the Google Cloud team, and its services will expand to integrate with Google’s Sheets, Forms, Android Maps, and Google Analytics. The company will continue its existing integrations with the likes of Office 365, Salesforce, and Box.
AppSheet raised $18.5M in private funding.
Cadence, Broadcom add 5nm to collaboration
Cadence Design Systems (CDNS -1%) expands its collaboration with Broadcom (AVGO +0.8%) to include 5nm designs using CDNS’ digital implementation solutions.
The expansion builds on the existing 7nm relationship.
The collaboration creates semiconductor solutions targeting next-gen networking, broadband, enterprise storage, wireless, and industrial applications.
It says its OneSearch doesn’t track, store or share personal/search data with advertisers, and it’s looking for business partners to integrate the search into their privacy/security products.
The site is ad-supported so it can be offered for free, but Verizon says ads are contextual (based on keywords) rather than history-based.
The site’s features include no cookie tracking, retargeting or personal profiling; no sharing of personal data with advertisers; no storage of search history; unfiltered search results; and encrypted search terms.
It also features an advanced mode where the results link expires within an hour, improving security in the case of device or link sharing.
It’s available today in North America on desktop and mobile Web, and will be available via Android/iOS app later this month.
