Tag Archive : Seeks

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Uber app

Photographer: David Paul Morris/Bloomberg

Ride-hailing giant Uber Technologies Inc. outlined ways staff can support a state measure that would designate drivers as contractors rather than full-time employees, seeking additional backing for a controversial initiative that labor unions and at least one in-house engineer have publicly opposed.

In a companywide email Friday obtained by Bloomberg, Uber’s head of global public policy Justin Kintz said data “show a tight race” to pass California’s Proposition 22, a measure written and funded by Uber, Lyft Inc. and other gig companies that would replace an earlier law designed to treat drivers as employees. Kintz’s email, which includes links to talking points from the Yes on 22 campaign, also suggests ways employees can get involved, including joining a texting bank, and links to a sample email staffers can send to family and friends. Uber will have a special Town Hall-type meeting Oct.

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The next time you open Lime’s smartphone app, you may see a new type of vehicle that isn’t an electric scooter. The San Francisco-based company announced today that it is integrating Wheels, a shared electric bike startup, into its app so customers can rent an e-bike from Wheels as easily as they would a scooter from Lime.



a person in a green car parked on a city street


© Photo by Amelia Holowaty Krales / The Verge


Lime plans to add more shared mobility services to its app in the coming months as it seeks to become both a provider and platform for all two-wheeled electric transport. The “ultimate goal,” a spokesperson said, is to own “all light electric vehicle trips under 5 miles.” It’s an ambitious one, especially considering that shared electric bike and scooter companies are still struggling to turn a profit as COVID-19 upends supply chains and the transportation section globally.

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Lime has the goal of

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John David McAfee, an antivirus software pioneer who fled Belize in 2012 ahead of a murder investigation there, has been arrested in Spain on tax evasion charges, the U.S. Justice Department said on Monday.

Mr. McAfee, 75, is a Silicon Valley legend who earned millions from the computer virus-fighting software company that still bears his surname. In 2012, he disappeared from his home in Belize after the local police sought him for questioning over the death of his neighbor.

He resurfaced in Guatemala City a few weeks later, then largely dropped out of the public eye for years — until 2016, when he attempted to run as a Libertarian candidate for president of the United States.

The Justice Department said on Monday that Mr. McAfee’s extradition from Spain to the United States was “pending.” It did not provide a timeline, and Mr. McAfee could not immediately be reached for comment

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(Reuters) – Home rental company Airbnb Inc is aiming to raise around $3 billion in its upcoming initial public offering (IPO), people familiar with the matter said on Friday, taking advantage of the unexpectedly sharp recovery in its business after the COVID-19 pandemic roiled the travel industry.

FILE PHOTO: A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California, U.S., August 2, 2016. REUTERS/Gabrielle Lurie/File Photo

Airbnb will be one of the largest and most anticipated U.S. stock market listings of 2020 which has already been a blockbuster year for IPOs, featuring the likes of record label Warner Music Group WMG.O, data analytics firm Palantir Technologies PLTR.N and data warehouse company Snowflake Inc SNOW.N.

Airbnb said in August it had filed confidentially for an IPO with U.S. regulators.

The company’s current plan is to

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iHuman Seeks $100 Million In U.S. IPO

October 2, 2020 | technology | No Comments

iHuman (IH) intends to raise $100 million in an IPO of its ADSs representing underlying Class A ordinary shares, according to an F-1 registration statement.

Beijing, China-based iHuman was founded to create a subscription and advertising supported online service that provides the ability for young children to learn languages, math science and culture in a fun environment.

Management says it is the number 1 provider of online childhood edutainment in China, according to a Frost & Sullivan report that it commissioned and paid for.

Management is headed by founder, and Chairman Michael Yufeng Chi, who was previously founder of Beijing Jinhongen Co. and Perfect World Group, a ‘global entertainment company focusing on original content creation and technology.’

Below is a brief overview video of iHuman:

Source: iHuman Chinese

The company’s primary content offerings include:

  • Languages – Chinese, Pinyin, English
  • Math
  • Culture
  • STEM courses

iHuman has received at least $53 million

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AN EDUCATION student belonging to a poor family in Capas town, Tarlac province has sought the help of Mayor Reynaldo Catacutan to get a new laptop for her online classes.

Erica Gracia personally wrote the mayor a letter explaining the economic status of their family.

She said her father used to work as a construction worker while her mother is a house help.

The student told Catacutan that her old phone is no longer reliable.

“Nahihirapan po kasi akong mag-online class dahil sa aking phone. Kailangan po kasi ng bawat oras o minuto ay hindi nakatanggal sa pagkaka-charge,” she said.

Gracia said she needs to use Zoom and Google Meet applications but her phone is not compatible.

The student added she has to borrow gadgets from her cousins and schoolmates just to submit her requirements.

“Minsan ay pinilit kong gamitin ang aking phone kaso nahila ko sa pagkaka-charge at

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WASHINGTON (Reuters) – The U.S. Justice Department is expected to sue Alphabet’s Google <GOOGL.O> as soon as next week, and is currently urging state attorneys general to sign onto the lawsuit, according to three sources familiar with the process.

The lawsuit is expected to accuse Google, builder of the world’s dominant search engine, of looking to disadvantage rivals such as Microsoft’s Bing by depriving them of the data about users and user preferences that they need to improve and to advertise to people.

The Justice Department has also been investigating Google’s “search advertising,” the ads that appear under a search box if a person looks up a consumer item like “dishwasher.” Google controls the sale of the space under these searches, as well as the tools to make those ad sales.

Google has repeatedly denied any wrongdoing. The Justice Department declined to comment.

Regarding search, Google has said users have

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Tesla  (TSLA) – Get Report has been seeking a stake in South Korean conglomerate LG’s battery operation, according to a report from the Korea Times.

LG makes batteries in its LG Chem division, but the battery business is being spun off into a new company – LG Energy Solutions. So electric carmaker Tesla would take a piece of LG Energy Solutions if a deal happens.

Tesla is looking for a stake of up to 10% in the battery maker, a source told the Korea Times. 

Tesla shares traded Monday at $421.92, up 3.58%, and have skyrocketed 404% so far this year.

Meanwhile, Piedmont Lithium  (PLL) – Get Report was soaring Monday after the lithium company said Tesla agreed to buy spodumene concentrate, a raw material of lithium, from the company.

The initial agreement is for five years and may be extended for another five years, Piedmont

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