Bloomberg Technology
How Uber Buying Postmates Shakes Up the Food Delivery Space
Jul.09 — Steve Jang, founder and managing partner at Kindred Ventures, discusses Uber Technologies Inc.’s deal to acquire Postmates Inc. and what it means for the delivery space going forward. He speaks on “Bloomberg Technology.”
Bloomberg Technology
Intel Rebuffs Arm, China Tech Stocks Soar | Bloomberg Technology
Bloomberg’s Caroline Hyde and Ed Ludlow break down Arm’s interest in Intel’s product division, only to have Intel turn down Arm’s advances, and China stocks in the US are set for their best week since 2022. Plus, “money is green” when it comes to database and nuclear build out according to US Energy Secretary Granholm,…
Bloomberg Technology
Apple’s iPhone 16 Receives a Lackluster Reception
Apple shares continue to outperform and avoid volatility despite growing concern around iPhone sales growth. Bloomberg Intelligence senior analyst Anurag Rana discusses a recent Bloomberg Intelligence survey showing that the iPhone 16 did not excite consumers enough to warrant a smartphone super cycle. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.” ——– Like…
Bloomberg Technology
China Stocks Set for Best Week Since 2022
Chinese equities capped their biggest weekly rally since 2008 with a burst of trading that overwhelmed the Shanghai stock exchange, underscoring a shift in investor sentiment after Beijing ramped up its economic stimulus. That shift was felt in Chinese stocks in the US as well, where they’re set for their best week since 2022. Fiona…
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CaliforniaMISC
July 10, 2020 at 1:15 am
uber paid $2.4 billion for 8% of market in CA or could have just waited a few months to get there