Tag: Uber
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Uber Driver in Court for Alleged N910,000 Theft
A driver with Uber, Adewale Adenekan, 53, on Thursday appeared before an Ikeja Magistrates’ Court for allegedly stealing N910,000.
Facebook Unveils Own Cryptocurrency ‘Libra’, Gets Backing From Mastercard, Visa
Facebook already rules daily communication for more than two billion people around the world. Now it wants its own currency, too.
The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin for global use, one that could drive more e-commerce on its services and boost ads on its platforms.
But the effort, which Facebook is launching with partners including PayPal, Uber, Spotify, Visa and Mastercard, could also complicate matters for the beleaguered social network. Facebook is currently under federal investigation over its privacy practices, and along with other technology giants also faces a new antitrust probe in Congress.
Facebook enlists Uber, Mastercard and Visa to back blockchain initiative
It looks like Facebook has enlisted some high-profile companies to back its forthcoming blockchain and cryptocurrency experiment.
Uber loses $1 billion in quarter as costs grow for drivers, food delivery
Uber Technologies Inc reported a $1 billion loss on Thursday, May 30, 2019 as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public company.g
Amazon tackles Uber with backing for UK food app
Amazon has led a funding round in British online food delivery company Deliveroo, pitting itself against Uber Eats and other smaller providers in an escalating battle to deliver takeaway meals.
