Care.com has introduced a spending account to help workers cover the cost of care. The new accounts, announced Wednesday (May 22), are designed to give employers a solution to support employees who need to pay for care for children, seniors, pets or themselves. “Conversations about the cost of...
Online babysitting advisor Care.com agreed this week to pay $1 million to two California jurisdictions that alleged the company failed to conduct background checks it promised and violated rules on auto-renewal of contracts, according to a news release. The allegations against Care.com were by Marin...
IAC announced today that it has acquired Care.com, a worldwide marketplace for family care, for $15 per share of common stock. It will also get the Preferred Share Offer Price per share of preferred stock in an all-cash transaction representing approximately $500 million of enterprise value....
This is a platform that will take some, well, care. As reported Friday, Dec. 20, IAC, which operates several media brands, announced a pact to buy Care.com for about $500 million. The Wall Street watchers may be focused on the mechanics of the all-cash deal,...
June 07, 2017
Not only are faster payment tools bringing helping to exchange funds at a quicker pace, but these solutions are also transforming the certain aspects of the gig economy and spurring investments in new payment infrastructures. The June Faster Payments Tracker™, powered by NACHA, highlights the latest trends and developments on how banks and FinTechs are investing in […]
August 26, 2024
The Federal Trade Commission took legal action against child and older adult care platform Care.com. The FTC alleged that Care deceived caregivers about the availability of jobs and the amount they could expect to earn, while also failing to offer families looking for care a simple way to cancel their paid subscriptions to the platform, […]
May 22, 2024
Care.com has introduced a spending account to help workers cover the cost of care. The new accounts, announced Wednesday (May 22), are designed to give employers a solution to support employees who need...
July 16, 2020
Online babysitting advisor Care.com agreed this week to pay $1 million to two California jurisdictions that alleged the company failed to conduct background checks it promised and violated rules on...
February 12, 2020
IAC announced today that it has acquired Care.com, a worldwide marketplace for family care, for $15 per share of common stock. It will also get the Preferred Share Offer Price per...
