London-based Deliveroo works with 140,000 restaurants in 800 cities to deliver meals to customers’ homes, and has seen demand soar in line with other home-delivery companies as much of the world has been subject to lockdowns to tackle the pandemic

British meals delivery company Deliveroo, boosted by demand during the coronavirus pandemic, said Sunday it was targeting a stock market listing after a fundraising round valued the company at more than $7.0 billion.

Deliveroo said in a statement that it had raised more than $180 million from its existing investors, “valuing the at over $7 billion”.

“This investment comes ahead of a potential initial public offering and reflects strong demand… given the significant growth potential in the online food delivery sector in which consumer adoption is accelerating,” it said.

No date was set for the IPO, but Bloomberg News said it was expected in or around April.

London-based Deliveroo

Amid a rollout of coronavirus vaccines, technology and health firms are working on ways that people get digital certificates to be displayed on smartphones to show proof of inoculation

A coalition of technology firms and health organizations announced plans Thursday for a digital vaccination certificate, which can be used on smartphones to show evidence of inoculation for COVID-19.

The Vaccination Credential Initiative (VCI) includes the Mayo Clinic, Microsoft, Oracle and Salesforce.

The companies said they were working on a way to get digital credentials—which some call a vaccination “passport”—widely recognized, as a way to help people return to work, school, events, and travel.

The new group said it would develop standards for encrypted digital copies of immunization credentials which can be stored in a digital wallet.

The goal “is to empower individuals with digital access to their vaccination records,” said Paul Meyer of The Commons Project Foundation, a nonprofit group

WhatsApp has canceled its February 8 2021 deadline for accepting the tweak to its terms of service

WhatsApp on Friday postponed a data-sharing change as users concerned about privacy fled the Facebook-owned messaging service and flocked to rivals Telegram and Signal.

The , a huge hit across the world, canceled its February 8 deadline for accepting an update to its terms concerning sharing data with Facebook, saying it would use the pause to clear up misinformation around privacy and security.

“We’ve heard from so many people how much confusion there is around our recent update,” WhatsApp said in a blog post.

“This update does not expand our ability to share data with Facebook.”

It said it would instead “go to people gradually to review the policy at their own pace before new business options are available on May 15.”

WhatsApp’s new terms were unpopular among outside Europe

Delta Air Lines reported a huge loss for 2020 due to the coronavirus, but expects an improving market in 2021

Delta Air Lines reported a massive loss Thursday for 2020 following the devastating impact of the coronavirus on air travel, but said it expects to return to profitability later this year.

With traffic depressed in the wake of lockdowns and myriad restrictions to counter the pandemic, Delta suffered a $12.4 billion loss for all of 2020, its first year in the red since 2009 and a big come-down from record profits in 2019.

Delta also reported a quarterly loss for the period ending December 31, capping what Chief Executive Ed Bastian called “the toughest year in Delta’s history.”

But shares of the US carrier rose solidly Thursday as Bastian projected a return to profitability later this year once vaccines become widespread.

“While our challenges continue in 2021, I am optimistic

This April 12, 2016 file photo shows the Microsoft logo in Issy-les-Moulineaux, outside Paris, France. Microsoft took five hours to resolve a major outage of its workplace applications on Monday, but has not clarified what caused the outage. The company said the outage, which affected users’ ability to log into Office 365 applications, began early evening Monday Eastern time. Microsoft did not reply to questions Tuesday, Sept. 29, 2020 about what caused the outage, but said on its service-status Twitter account that it had identified a “recent change” that caused problems. (AP Photo/Michel Euler, File)

This week, Microsoft had a big test on its hands—how to help transform the world’s biggest gadget show into an online-only event.

The choice of Microsoft to power this year’s CES and create a virtual showcase for its 1,800 exhibitors gave the tech giant a big promotional boost over its best-known cloud computing rivals, Amazon

Boeing reported a big drop in 2020 deliveries and a reduced backlog in orders as it contended with dual 737 MAX and Covid-19 crises

Boeing on Tuesday reported a plunge in annual plane deliveries and a diminished order backlog as it contended with dual crises caused by the 737 MAX grounding and the travel industry downturn brought about by COVID-19.

The figures offer the final tally of a bruising year that forced Boeing in March to seek a bailout from Washington as it faced existential questions during the apex of both crises. Boeing was successful in obtaining the aid, but turned to private support instead.

Boeing, which has cut tens of thousands of jobs amid its struggles, delivered just 157 planes last year, down 59 percent from 2019.

The company’s backlog at the end of 2020 stood at 4,223, down from nearly 5,900 planes at the end of 2018, when