DoorDash has agreed to acquire Instacart in a deal valued at about $17 billion, paying $65 per Instacart share, a 26% premium over the 22 Oct closing price. Both boards approved the transaction, which is 75% cash. The combination would bring together the two largest US grocery delivery services. Instacart will keep its brand and app, and users gain access to more than 50,000 additional stores. The deal is expected to close by late 2027 or early 2028, subject to regulatory approval, and antitrust scrutiny could affect it.
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30 October 2026
27 October 2026
Microsoft is offering voluntary exit packages to roughly 60,000 employees, about 27% of its workforce, in the United States, Canada, India and the United Kingdom. The company says eligibility covers staff at level 70 or below and vice presidents and below. Employees must accept by the first week of December, with departures on 31 Dec. The offer follows an April early retirement scheme that about 30% of those eligible accepted, and a July cut of 4,800 jobs. Microsoft is spending heavily on AI data centers while reducing headcount to trim costs. Shares rose about 1% on Monday, 26 Oct.
Anthropic, the San Francisco AI company, filed its S-1 registration statement with the US Securities and Exchange Commission on Monday, 26 Oct, opening the path to an initial public offering. DW reports the listing could come as early as November, with shares planned for Nasdaq under the ticker ANT. Analysts estimate a valuation of $1.5 trillion to $2 trillion, up from $965 billion in May, according to Euronews. The company reported first-half 2026 net losses above $80 billion against revenue of about $16.3 billion. The filing runs 335 pages.