Grab Ventures will be the vehicle through which Singapore-based Grab will expand beyond ride hailing services into areas including financials, food services and logistics. On Tuesday, Singapore-based Grab, launched launched its innovation arm, Grab Ventures in order to support and develop technology start-ups in sectors including food services, transport, financial services, logistics. The development assumes…
Here is how Amazon.com is using original video programming as a vehicle to boost its exclusive Prime shopping club. For the very first time, documents from Amazon.com Inc reveal how the world’s biggest online retailer’s bet on original video content has paid off: by early 2017 its TV series have drawn more than 5 million…
The development is to be seen within the context of the SEC calling for improved clarity on cyber risk disclosures and adopt specific policies restricting executive trading in shares especially during an on-going investigation of a hack. On Tuesday, the Financial Times reported that a consortium led by Citigroup Inc, Depository Trust & Clearing Corp…
Uber aims to debut a flying taxi service in LA sometime in 2020. On Wednesday, Uber stated it has struck a deal with NASA to develop software for managing “flying taxi” routes in the air along the lines of ride-hailing services on the ground. This marks a milestone in Uber’s history since this is its…
With Sprint and T-Mobile ending their merger talks, it would appear that Sprint has triggered its contingency plan which allows it to leverage Altice’s cable network to develop and provide 5G connectivity. U.S. cable operator Altice USA is set to sell its its mobile service on Sprint Corp’s network under a new multi-year agreement. The…
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