
Uber and Lyft Stocks Hit New Lows Amid Fears of California Bill
California’s state Senate is set to vote on Assembly Bill 5 that, if passed, could be financially ruinous for Uber and Lyft, which stock is already experiencing hard times.
California’s state Senate is set to vote on Assembly Bill 5 that, if passed, could be financially ruinous for Uber and Lyft, which stock is already experiencing hard times.
Samsung is reportedly building a smaller and more affordable version of the Galaxy Fold. The launch could be canceled if the Galaxy Fold doesn’t sell well. The Galaxy Fold is now set to launch in September.
Bitcoin Futures have faced unusual hurdles from the US authorities. There are ways around this but these ways are often limited and high risk. However, Vaneck Securities and Solidx seem to have found the solution.
If implemented, Facebook posts will no longer show the number of likes or reactions to a post. The user who created the post can see a list of people and their reactions, but a number won’t be displayed.
Investor’s in Uber’s stock are currently anything but happy as its value has dropped from the initial $45 it started with to $32. What are the chances UBER will rise?
According to the sources, the tech would utilize the Apple Watch’s motion sensor, heart rate monitor and noise detection to measure your quality of sleep. No other device will be needed.
Chinese smartphone maker Xiaomi Corp said it will buy back up to HK$12 billion worth of its shares. The decision comes after the company scrapped share offering in mainland China.
Facebook has finally gotten a partner app for Instagram dubbed ‘Threads’. This may be the app that will be the Snapchat killer. The question though is which direction is Facebook going in?
The We Company is looking to raise billions of dollars in its upcoming IPO. However, many potential investors are worried that there’s too much going on there that isn’t explanatory. Should you invest in WeWork?
As iPhone unit sales have slowed, Apple was partially relying on higher prices to make up the difference. Consumers are now less tolerant of the premium prices phone makers want for their newest devices.
Recently, Huawei announced that their new flagship phone line – Mate 30, will be launched on September 19, in Munich, Germany. The tagline for this launch event is “Rethink Possibilities”.
At least €500m in fresh equity will be raised while existing shareholders – Investor, the Wallenberg investment vehicle, owns 23 per cent while EQT’s partners own the rest – will sell down their stakes pro-rata.
Consumer credit health management platform Credit Sesame announced that it received over $43 million in funding before its IPO with funds earmarked for AI algorithms and business expansions.
People’s Bank of China (PBOC) central bank digital currency (CBDC) will allegedly be backed 1:1 by renminbi fiat as well as follow a two-tiered structured system with the bank, commercial banks, and retail market participants.
In September Nike will release a new line of its Huarache shoes but this time, they will be equipped with FitAdapt technology, allowing users to control the lacing via a mobile app or through Siri. Nike has not yet set a price.