Several of Uber's competitors have made no delay in using the company's misfortune in London as an opportunity.
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Wednesday, November 27, 2019
ByteDance: The Chinese Company Behind Global TikTok Craze
Beijing-based startup Bytedance owns TikTok, whose kaleidoscopic feeds of 15 to 60-second clips feature everything from hair-dye tutorials to dance routines and jokes about daily life.
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HP Inc beats estimates for quarterly revenue
Total revenue rose to $15.41 billion in the fourth quarter from $15.37 billion a year earlier, above analysts' expectations of $15.25 billion, according to IBES data from Refinitiv.
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Dell cuts full-year revenue forecast on PC chip shortage
Dell Technologies Inc cut its full-year revenue forecast as its PC business grapples with a shortage of chips from Intel Corp , sending its shares down nearly 5% in extended trading.
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Xerox prepares to take HP buyout bid hostile
Xerox Corp said it was planning to take its $33.5 billion buyout bid directly to HP Inc shareholders after the personal computer maker refused to open its books for due diligence before a deadline.
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Chicago approves traffic congestion tax on ride-hailing services
Ride-hailing companies Uber Technologies Inc and Lyft Inc claimed the move would largely hurt low-income residents.
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US sets out procedure for barring threats to telecom networks
The U.S. Commerce Department on Tuesday set out a procedure to protect U.S. telecommunications networks and their supply chains from national security threats, saying it would consider whether to bar transactions on a case-by-case basis.
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HP Inc beats estimates for quarterly revenue
Total revenue rose to $15.41 billion in the fourth quarter from $15.37 billion a year earlier, above analysts' expectations of $15.25 billion, according to IBES data from Refinitiv.
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Dell cuts full-year revenue forecast on PC chip shortage
Dell Technologies Inc cut its full-year revenue forecast as its PC business grapples with a shortage of chips from Intel Corp , sending its shares down nearly 5% in extended trading.
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Xerox prepares to take HP buyout bid hostile
Xerox Corp said it was planning to take its $33.5 billion buyout bid directly to HP Inc shareholders after the personal computer maker refused to open its books for due diligence before a deadline.
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Chicago approves traffic congestion tax on ride-hailing services
Ride-hailing companies Uber Technologies Inc and Lyft Inc claimed the move would largely hurt low-income residents.
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US sets out procedure for barring threats to telecom networks
The U.S. Commerce Department on Tuesday set out a procedure to protect U.S. telecommunications networks and their supply chains from national security threats, saying it would consider whether to bar transactions on a case-by-case basis.
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TikTok Blocks Teen Who Posted About China's Detention Camps
TikTok has said its audience prefers to use the video app for entertainment, not political debates, and that its executives have pushed to preserve the app as a refuge for positivity online.
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Ola Begins Signing Up Drivers in London as Uber Gets Banned
Ola said it had started signing up drivers in London on Tuesday and will start service in the city within weeks.
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Snapdeal Crosses 100 Million App Downloads on Google Play
Snapdeal has crossed 100 million app downloads on Google Play Store, registering a gain of 37 percent over 7.3 crore downloads a year ago, according to the e-commerce player on Monday.
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Airtel Acquihires Gurugram-Based Startup Quikmile
Airtel on Monday announced the acquihire of Gurugram-based start-up Quikmile, which focuses on building tech-enabled logistics platforms for India.
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WhatsApp Invests $250,000 Into Indian Startup Ecosystem
WhatsApp on Monday announced to invest $250,000 worth ad credits into the Indian startup ecosystem to help entrepreneurs better connect with customers and grow businesses.
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Uber Stripped of London Licence After Safety Failures
Uber was stripped of its London operating licence on Monday for the second time in just over two years after the city's regulator said a "pattern of failures" on safety and security meant the taxi app was not fit and proper.
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Apple TV+ Renews M. Night Shyamalan's Servant Even Before It Premieres
Apple has confirmed a second season of M. Night Shyamalan's "Servant" ahead of its series premiere on November 28.
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Paytm Raises Fresh Funding From Global Investors, Said to Now Be Valued at $16 Billion
Paytm said on Monday it has raised fresh funds from a group of investors, including existing backers such as SoftBank's Vision Fund and Alibaba's Ant Financial.
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Jio Price Hike, Realme 5s Price Reveal, Realme X2 Pro Launch, Vivo U20 Release, and More Tech News This Week
Realme X2 Pro price reveal, Realme 5s launch, Redmi Note 8 Pro new variant, and Airtel price hike were some of the biggest tech news stories of the week.
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