Saturday, March 30, 2019

Toast, a cloud-based restaurant management platform, raises a $250M Series E led by TCV and Tiger Global at a $2.7B valuation (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Toast, a cloud-based restaurant management platform, raises a $250M Series E led by TCV and Tiger Global at a $2.7B valuation  —  Restaurant sales hit $825 billion last year in the US, but with margins averaging at only three to five percent per business, they're always looking for an edge …



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Apple's lawsuit could sidetrack OpenAI's hardware aspirations for years, or possibly forever, as the startup gets into yet another controversy and messy divorce (M.G. Siegler/Spyglass)

M.G. Siegler / Spyglass : Apple's lawsuit could sidetrack OpenAI's hardware aspirations for years, or possibly forever, as the st...