Uber confirms SoftBank has agreed to invest billions

 The paperwork’s done! The long-anticipated SoftBank Group investment into Uber has been agreed upon, a spokesperson confirms to TechCrunch. We’ve been provided the following statement. “We’ve entered into an agreement with a consortium led by SoftBank and Dragoneer on a potential investment. We believe this agreement is a strong vote of confidence in Uber’s… Read Read More …

Arab springs and AI winters

 Remember the Arab Spring? “Revolution 2.0”? Remember how we imagined, full of triumphal optimism, that social media would become the web that knit the oppressed masses better, would empower them to join together and overthrow their oppressors and stride shoulder-to-shoulder together into a better world? Yeah, those were the days. But now — “disillusioned”… Read Read More …

Uber’s new Asia chief wants to work with governments and taxi firms not against them

 New CEO Dara Khosrowshahi has been vocal in pledging to reform Uber’s toxic culture to take the business to the next level — and ultimately an IPO — but, over in Asia, another recent arrival is presiding over a revamped approach which includes turning those who were once enemies into friends. Brooks Entwistle, a former Chairman of Goldman Sachs Southeast Read More …

Apple’s iOS App Store adds weekend deals to boost app downloads

 With the introduction of iOS 11, Apple redesigned the App Store with a heavier focus on editorial content, including articles, interviews, how-to’s, lists and other round-ups with app recommendations. Now, it’s adding another feature, as well, called “This Weekend Only.” The new section lists deals that can be found inside apps, as opposed to discounts Read More …