Tag: US news

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Lyft sets itself up to be one of first large tech flotations of 2019

In a statement on Thursday, Lyft announced it had submitted a draft registration statement with the US Securities and Exchange Commission (SEC), in a move which sets it up to be one of the first large tech flotations of 2019.


December 6, 2018 0

Uber fined £385,000 for data breach affecting millions of passengers

Uber’s European operation has been fined £385,000 for a data breach that affected almost 3 million British users, the Information Commissioner’s Office has announced.


November 27, 2018 0

Uber losses top $1bn in run-up to IPO

Uber has posted a loss of more than $1bn (£780m) in its latest quarter as growth in bookings continued to slow in the run-up to its stock market flotation next year.


November 15, 2018 0

Without a fair tax on tech, it could be the end of the state as we know it

Alongside the results of last week’s US midterms came the passing of San Francisco’s Proposition C, a measure that will tax firms with an annual turnover of more than $50m (£44m) to raise an estimated $300m extra a year to help address homelessness. Last Tuesday, 60% of voters backed it: though the proposal is now…
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November 11, 2018 0