Mon05212018

LAST_UPDATEMon, 21 May 2018 11am

U.S. Court Revives Challenge To Seattle's Uber, Lyft Union Law

A U.S. appeals court on Friday revived a leading business group’s challenge to a Seattle law, the first of its kind, that would allow drivers for ride-hailing services such as Uber Technologies Inc UBER.UL and Lyft to unionize.

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Two Singaporean Online Marketplace Startups Raise Fresh Funds

SINGAPORE - Singapore’s Carousell, a classifieds marketplace, said on Monday that it raised $85 million in funds from investors including DBS Group Holdings Ltd, the city-state’s biggest lender.

Read more: Two Singaporean Online Marketplace Startups Raise Fresh Funds

Tesla Executive Schwall Joins Alphabet's Waymo

Pic: ReutersAlphabet Inc’s self-driving unit, Waymo, said on Sunday that Matthew Schwall had joined the company from Tesla Inc where he was the electric carmaker’s main technical contact with U.S. safety investigators.

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German Online Bank Uses Bitcoins To Transfer Loans

Pic: ReutersBERLIN: German Radoslav Albrecht has founded an online bank that allows clients to transfer loans anywhere in the world using Bitcoin.

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US Commercial Drones Given Green Light

Drones that monitor crops, control mosquito populations and deliver defibrillators are to be tested in US airspace.

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Google Bans Abortion Poll Ads In Ireland

Google will ban all advertisements relating to Republic of Ireland's forthcoming referendum on abortion, which takes place on 25 May.

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BMW Advert 'Promoted Dangerous Driving'

BMW has been reprimanded after one of its TV adverts was judged to have promoted "faster, dangerous and irresponsible driving".

Read more: BMW Advert 'Promoted Dangerous Driving'

Uber To Provide Data Support For NASA's Urban Air Mobility Program

Uber Technologies Inc [UBER.UL] said on Tuesday it signed an agreement with U.S. space agency NASA to explore concepts and technologies needed for passenger and cargo air transportation within an urban area.

Read more: Uber To Provide Data Support For NASA's Urban Air Mobility Program

China's Leshi Questioned By Bourse Over Trading Suspension Risk

HONG KONG - Leshi Internet Information & Technology Corp Beijing, the debt-laden Chinese tech firm founded by Jia Yueting, has been formally asked whether trading in its shares was at risk of suspension, showed a regulatory filing on Wednesday.

Read more: China's Leshi Questioned By Bourse Over Trading Suspension Risk

Facebook Shakes Up Management, Launches Blockchain Division

Pic: ReutersSAN FRANCISCO: Facebook Inc Chief Executive Mark Zuckerberg on Tuesday ordered one of the biggest management shakeups in the history of the social network, giving more responsibility to his chief product officer and launching a blockchain division.

Read more: Facebook Shakes Up Management, Launches Blockchain Division