Remote, a platform that enables companies to hire and compensate distributed employees, has secured $300 million in a new funding round, raising its valuation to $3 billion and making it one of the biggest HR players in the new world order of distributed workforces. Leading the Series C round is SoftBank Vision Fund 2. The company said funding will be used to build new tools and expand the San Francisco-based company’s geographic reach. Work from remote locations has been becoming more prevalent as a result of the COVID-19 pandemic, priming the market for Remote’s expansion. Continue reading Global Distance Workforce Firm Remote Raises $300 Million

McDonald’s is buying Dynamic Yield, an Israeli startup decision-logic technology company, for $300+ million with the aim of better personalizing its menus. The technology will let restaurants vary their electronic menu displays depending on the weather, time of day or regional preferences — and suggest meal add-ons. McDonald’s serves about 68 million customers every day, the majority of whom use the drive-thru window. Chief executive Steve Easterbrook has pushed technology to drive sales and lift the company’s profile. Continue reading McDonald’s Uses Machine Learning to Modernize its Menus