Business

Tech Giants Merge in Major Acquisition

Updated 2026-10-29 12:05 UTC 2 sources Neutral

DoorDash is acquiring Instacart for $17 billion, expanding its online grocery delivery capabilities. This deal will significantly increase DoorDash's market presence and influence.

Coverage timeline — 2 articles

The Verge

DoorDash is acquiring Instacart for around $17 billion

DoorDash has announced that it's buying Instacart in a deal valued at approximately $17 billion. The acquisition will give DoorDash a bigger presence in online grocery delivery via Instacart's established grocery marketplace and retailer partnerships. DoorDash, which started as a restaurant courier

2026-10-29 11:56 UTC

CNBC

Warren urges DOJ criminal probe of Bank of America over anti-money-laundering violations

Warren asked the DOJ to disclose by Nov. 12 whether it has launched a criminal investigation into Bank of America after it admitted to violations.

2026-10-29 12:00 UTC