TechTaffy

tech:

taffy

Cherry Shuts Down

By TechTaffy Desk

Cherry

[Techtaffy Newsdesk]

On-demand car wash service Cherry is shutting down. The company will be providing refunds to customers who have pre-paid for car washes, and work with its marketing partners, Groupon and LivingSocial, to issue refunds on any outstanding coupons as well.

After over a year in market, we’ve decided to change courses a bit and pursue an exciting opportunity that emerged while running Cherry. As of December 23rd, we will cease car wash services while we explore alternative options for the Cherry car wash business.

Cherry, often dubbed the Uber of car washing, was launched in November 2011. The company raised $4.5 million in a Series A round in April this year.

You may also be interested in:

 

  • Carwash That Comes To You Raises $4.5 Million

 

 

Just in

Around the web

Windows 11 Start menu ads are now rolling out to everyone — The Verge

Microsoft is starting to enable ads inside the Start menu on Windows 11 for all users, writes Tom Warren. 
Around the web

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.
IT

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.
AI

OpenAI introduces new enterprise features

OpenAI announced new features aimed at enterprise users on Tuesday, at the wake of Meta's recent LLama 3 announcement.
Around the web

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.