New story in Business from Time: China’s Xi Jinping Offers Trade Concessions, but They May Not Be Enough to Satisfy Trump

It was a conciliatory gesture, though far from surrender. Chinese President Xi Jinping moved Tuesday to dampen the roiling trade dispute with the U.S. by pledging to “significantly lower” tariffs on imported American cars and further open his nation’s markets to foreign investment, thus helping […]

Cambridge Analytica tries to shoot down Facebook data sharing claims

After that, Cambridge Analytica jumped into specifics. The company “did not use” GSR data during the US presidential election or the UK’s Brexit referendum, according to its statement. In the US, it relied on data from the RNC, voter registry, “commercial data brokers” and consensual […]

Pedal to the metal: Uber buys an e-bike sharing startup

Most famous for its ride-sharing taxi service, Uber has diversified into virtually every automotive-based industry imaginable, from self-driving cars to freight trucks and flying taxis to food deliveries.  Next on Uber’s list: the bike-sharing industry.  JUMP Bikes, a Brooklyn-based startup that went public in 2017, […]

Following Singapore, Philippines regulator forces Grab to delay closing Uber’s app

Grab has given the Uber app a stay of execution in yet another market as regulators across Southeast Asia continue to investigate the merger deal announced between the ride-hailing companies last month. Fresh from extending the closure date a week in Singapore, Grab has done […]