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Facebook names first members of oversight board that can overrule Zuckerberg
Facebook Inc’s new content oversight board will include a former prime minister, a Nobel Peace Prize laureate, and…
Uber lays off hundreds in Egypt on coronavirus hit, staff tells Reuters
Uber Technologies Inc has on Wednesday laid off hundreds of office-based staff in Egypt as the firm made wider cuts…
Uber is laying off 3,700 workers globally
Uber is laying off 3,700 employees globally, around 14 percent of its staff, the ride-sharing firm announced in a…
California sues Uber, Lyft over misclassifying drivers as contractors
California and three of its largest cities on Tuesday sued Uber Technologies Inc and Lyft Inc, accusing them of…
Samsung heir Lee apologises over succession, won’t hand control to children
Samsung Group heir Jay Y. Lee, embroiled in a bribery scandal, on Wednesday made a rare apology over controversial…
Apple borrows on the cheap to fund buybacks and dividends
Apple on Monday capitalised on the Federal Reserve’s emergency measures in response to the coronavirus outbreak to…
Microsoft to invest $1 bln in Polish cloud flagship
Microsoft will invest $1 billion in Poland as part of a plan that will involve opening a data centre in the country…
Careem to slash workforce by 31%, suspends Careem Bus
Careem, the Dubai-based ride-hailing and delivery company that was acquired by Uber last year, is cutting its…
Silver Lake invests $750mn in Reliance Jio hot on heels of Facebook
U.S. investment company Silver Lake invested 56.56 billion Indian rupees ($746 million) in Indian digital services…
Intel discusses buying Israel’s Moovit public transit app for $1 bln – media
Chipmaker Intel Corp is in advanced talks to acquire Israeli public transit app developer Moovit for $1 billion,…