All Uber the place... Uber's had a lot in its trunk lately, from working to disqualify its California drivers from being employees to dealing with a potential London ban. But the stock surged 5% after the company sold its Uber Eats India biz to Indian food delivery competitor Zomato. Uber's taking the "dominate or ditch" approach: leave markets where it's not #1 so that it canfocus on markets where it is (or could be). While some could see this exit as quitting, investors see it as a money-losing company finally making profit-chasing moves.
Real meat, minus the animal... Memphis Meats just raised a beefy $161M to develop cell-based meat, the biggest ever fundraise for a lab-grown meat startup. The company "feeds" cells taken from animals, then grows the tissue into a hunk of beef you can cook and fit in a taco. And you thought plant-based was wild. The world wants twice today's meat by 2050, and lab-grown meat could deliver by requiring less land and water (which are both running out) than raising animals. Plus, fewer animals will have to perish.