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Leak reveals Uber’s $9.99 unlimited delivery Eats Pass – TechCrunch

What’s the cord-cutting equivalent to ditching your kitchen? Uber’s upcoming subscription to unlimited free food delivery. Uber is preparing to launch the $9.99 per month Uber Eats Pass, according to code hidden in Uber’s Android app. The subscription would...

China to offer preferential tax treatment for integrated circuit design, software firms

BEIJING (Reuters) - China will offer preferential income tax treatment for companies involved in integrated circuit design and software, in an effort to support the development of the industry, the Ministry of Finance said on Wednesday. Companies in integrated...

In Ford’s future, two-legged robots and self-driving cars could team up on deliveries – TechCrunch

Autonomous vehicles might someday be able to navigate bustling city streets to deliver groceries, pizzas, and other packages without a human behind the wheel. But that doesn’t solve what Ford Motor CTO Ken Washington describes as the last 50-foot problem. Ford...

After Huawei, U.S. could blacklist Chinese surveillance tech firm: media

SHANGHAI (Reuters) - The U.S. administration is considering Huawei-like sanctions on Chinese video surveillance firm Hikvision, media reports show, deepening worries that trade friction between the world’s top two economies could be further inflamed. FILE...

Tencent CEO warns companies must keep innovating to survive amid US-China tensions – TechCrunch

On Tuesday, Tencent’s usually low-profile founder and CEO Pony Ma made rare comments to weigh in on escalating tensions between the United States and China, calling domestic tech companies to build more self-reliance in a bid to stay competitive. “China has...

TransferWise now valued at $3.5B following a new $292M secondary round – TechCrunch

TransferWise, the London-headquartered international money transfer service, is disclosing a new $292 million secondary round that sees investors value the company at $3.5 billion. That’s more than double the valuation TransferWise achieved in late 2017 at the...

India’s Ola switches gears on its food delivery business Foodpanda – TechCrunch

India’s Ola, which has expanded to select international markets and set ambitious goals for its electric vehicles business, is struggling with selling food. So it is making major changes to its food business. The ride-hailing giant is pivoting Foodpanda, the...

Far-Right Propaganda Floods Facebook Ahead of EU Elections

In Italy, the perpetrators spread a movie clip of a car being destroyed and pretended it was news footage of migrants wrecking a police vehicle. In Poland, they disseminated a fake news story about migrant taxi drivers raping European women. In Spain, they...

TransferWise closes $292 million secondary funding round at $3.5 billion valuation

(Reuters) - Money transfer startup TransferWise has closed a $292 million secondary funding round which doubles its valuation to $3.5 billion, the company said on Wednesday. The round was led by growth capital investors Lead Edge Capital, Lone Pine Capital and...

India’s ride-hailing giant Ola hits the brakes on food delivery business Foodpanda – TechCrunch

India’s ride-hailing giant Ola, which has expanded to select international markets and set ambitious goals for its electric vehicles business, is struggling with selling food. Ola has suspended local operations of Foodpanda, the Indian business of the food...
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