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Friday, August 7, 2020

Uber rides take COVID-19 hit but food-delivery business doubles

Ride-hailing trips, in the past responsible for nearly two-thirds of Uber's revenue, increased 5 percentage points from their low in April, but gross bookings remained down 75% from last year.

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Twitter labels state media, government officials' accounts

The accounts of Russia's Sputnik, RT, and China's Xinhua News are among the media organizations that will be labeled, according to a Twitter spokesman.

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SoftBank seen returning to profitability as listed holdings rise

The Japanese conglomerate has sold down stakes in e-commerce firm Alibaba Group and wireless carriers SoftBank and T-Mobile US.

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US Senate votes to ban TikTok on government devices, cites national security concerns

The app has come under fire from US lawmakers and the Trump administration over national security concerns because China's ByteDance owns the technology. The company currently faces a deadline of Sept 15 to either sell its US operations to Microsoft Corp or face an outright ban.

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Donald Trump issues bans on China's TikTok, WeChat, stoking tension with Beijing

The hugely popular Tiktok has come under fire from U.S. lawmakers and the administration over national security concerns surrounding data collection, amid growing distrust between Washington and Beijing.

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Uber rides take COVID-19 hit but food-delivery business doubles

Ride-hailing trips, in the past responsible for nearly two-thirds of Uber's revenue, increased 5 percentage points from their low in April, but gross bookings remained down 75% from last year.

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Twitter labels state media, government officials' accounts

The accounts of Russia's Sputnik, RT, and China's Xinhua News are among the media organizations that will be labeled, according to a Twitter spokesman.

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SoftBank seen returning to profitability as listed holdings rise

The Japanese conglomerate has sold down stakes in e-commerce firm Alibaba Group and wireless carriers SoftBank and T-Mobile US.

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US Senate votes to ban TikTok on government devices, cites national security concerns

The app has come under fire from US lawmakers and the Trump administration over national security concerns because China's ByteDance owns the technology. The company currently faces a deadline of Sept 15 to either sell its US operations to Microsoft Corp or face an outright ban.

from Gadgets Now https://ift.tt/3kp8tvg
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Donald Trump issues bans on China's TikTok, WeChat, stoking tension with Beijing

The hugely popular Tiktok has come under fire from U.S. lawmakers and the administration over national security concerns surrounding data collection, amid growing distrust between Washington and Beijing.

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Uber Rides Take COVID-19 Hit but Food-Delivery Business Doubles

Homebound customers of Uber Technologies more than doubled their orders from the company's food-delivery service in the second quarter but demand for ride-hailing trips only marginally recovered from pandemic rock-bottom.

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Microsoft Aiming to Buy TikTok's Entire Global Business, Including India and Europe: Report

Microsoft is chasing a deal to buy all of TikTok's global business, the Financial Times reported on Thursday, citing five people with knowledge of the talks. A source familiar with the discussions told Reuters that Microsoft had not raised the prospect of buying all of TikTok in its negotiations with ByteDance.

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The likely 'Indian angle' in Microsoft's acquisition of TikTok

Microsoft had said it was seeking to buy the assets of TikTok in North America, Australia and New Zealand.

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The likely 'Indian angle' in Microsoft's acquisition of TikTok

Microsoft had said it was seeking to buy the assets of TikTok in North America, Australia and New Zealand.

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Trump Imposes US Ban on WeChat, TikTok in 45 Days

US President Donald Trump announced Thursday sweeping bans on U.S. transactions with China's ByteDance, owner of video-sharing app TikTok, and Tencent, operator of the WeChat app, starting in 45 days, in a major escalation of tensions with Beijing.

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Trump issues executive orders banning U.S. transactions with WeChat and TikTok in 45 days

The ban will start in 45 days.

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'Roaming reactions' study to shed new light on atmospheric molecules

For the first time, a team of chemists has lifted the hood on the mechanics involved in the mysterious interplay between sunlight and molecules in the atmosphere known as 'roaming reactions', which could make atmospheric modelling more accurate.

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Most Americans don't have enough assets to withstand 3 months without income

A new study found that 77% of low- to moderate-income American households fall below the asset poverty threshold, meaning that if their income were cut off they would not have the financial assets to maintain at least poverty-level status for three months.

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New science behind algae-based flip-flops

Sustainable flip-flops: A team of researchers has formulated polyurethane foams made from algae oil to meet commercial specifications for midsole shoes and the foot-bed of flip-flops.

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Tech hiring remains muted ahead of the latest jobs report

Hiring in tech remains muted, sending another distressing signal ahead of Friday's critical jobs report. As of late July, tech job postings were down 36% compared to the same time last year, according to recent data from the online platform Indeed.

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Fintech funding in Asia failed to rebound in the second quarter, report says

Fintech companies in Asia saw their capital raise fall around 37% from $2.56 billion in the first quarter to $1.62 billion in the second, a CB Insights report said.

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