VENTURE CAPITAL POST

Red Lobster is facing potential financial difficulties due to its increasing debt and may be considering filing for Chapter 11 bankruptcy.

The infamous Salt Bae restaurant will cut down its heating expenses due to increasing energy bills, amid expensive steak prices.

McDonald's and Starbucks blamed the Israel-Hamas conflict for a sales drop in 2023.

Pittsburgh’s culinary sector is growing fast as the city host more and more projects in the past few years. Cheap rent is believed to have drawn a lot of people, especially youth, to pursue their project in the city.

Los Angeles is the first city in the U.S. to enjoy Uber’s new service, UberEats. Uber launched the new feature as a standalone app whereas a special, food-handling-certified driver will handle food orders and delivery from hundreds of restaurants across the city.

Samsung introduced its Gear VR new application in the culinary industry. Working with Sublimotion Restaurant in Ibiza, the Korean tech giant enriches dining experiences with the virtual reality technology, transporting diners from place to place, giving a unique dining sensation.

Black Bear Diner had secured an investment from private equity fund PWP Growth Equity. The financial backing will be allocated to expand growth and coverage in new and existing markets. The restaurant plans to add new locations and grow to 155 restaurants in the U.S while retaining its unique concept.

The company announced that it had broken even in India and six other foreign countries, making the Indian e-commerce the first to achieve that milestone. Zomato, valued at over $1 billion, is going to start another funding round before becoming profitable by mid-2016.

The lawsuit is cast out by more than 40 customers, led by Chris Howe. The lawsuit stated that McDonald's aired unfair advertisements with the claim that its new menu item contains 100 percent pure mozzarella cheese, while according to Howe they contain filler. The lawsuit tests support the claim, but McDonald's has refuted the claim.

The “Real Deal” value offer is launched as a response to the so-called price war joined by other fast food restaurants, including McDonald’s, Wendy’s, Burger King, and others. Carl’s Jr. and Hardee’s Real Deal differs in menu set items as the parent company aims to give a real value option to customers.

Nashville's hot chicken has been the city's iconic dish for a long time, and KFC adopted the recipe as its newest menu. The promotion already began Thursday in the U.S and the menu was also launched worldwide.

Google just released the latest update of their map for both android and iOS platform. The latest update will give a more personalized restaurant recommendation to the user in the 'Explore' feature of the map.

Though diet studies disagree about what's worse for you, carbohydrates or fat, most say nice things about eating protein, including its potential for better weight control.

A Japanese restaurant in Bloomfield, Pittsburgh is already accepting the digital currency Bitcoin to pay for Omakase or "chef's tasting menu," a report on Pittsburgh Post-Gazette said.

McDonald's signed a licensing agreement with Good Day Hospitality to open its first store in Vietnam.