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Germany to extend electric company car tax incentives: paper

FILE PHOTO: German Finance Minister Olaf Scholz attends a media briefing during his visit to Beijing, China, January 17, 2019. REUTERS/Thomas PeterBERLIN (Reuters) - German Finance Minister Olaf Scholz plans to extend tax incentives for electric company cars,...

Vimeo Chases Video Producers With Its First Big Ad Campaign

The video-sharing platform Vimeo Inc. is publicizing the services it offers creators, in an effort to capitalize on booming demand for video. The company’s business strategy has prioritized creators over viewers since 2017, when Vimeo canceled plans for a paid...

Uber sues NYC to contest cap on drivers – TechCrunch

Uber filed a lawsuit against New York City, The Verge reported. The company wants to overturn New York City’s rule that caps the number of new ride-hailing drivers. Last summer, the city approved legislation that halts the issuing of new licenses to drivers for...

China’s Didi to Lay Off 2,000 Workers

BEIJING—Chinese ride-hailing giant Didi Chuxing Technology Co. plans to lay off about 2,000 employees, or 15% of its workforce, according to people familiar with the situation, as the once fast-growing company grapples with China’s economic slowdown. Company...

The Pentagon Needs to Woo AI Experts Away From Big Tech

This week, President Donald Trump signed a new executive order on artificial intelligence and the Pentagon declassified part of its AI strategy. Neither was a first attempt at a national AI strategy. In 2016, the Obama administration published a comprehensive...

Nvidia’s Revenue Sinks 24%, but Wall Street Feared Worse

Nvidia Corp. NVDA 1.82% reported a 24% drop in quarterly revenue Thursday and signaled work ahead to shake off a funk in cryptocurrency mining and revive demand for its chips used by videogamers and data centers.It was Nvidia’s first quarterly year-over-year...

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