FB’s cryptocurrency get major backing

Backers include PayPal, Visa Inc, Uber Technologies Inc and Mastercard Inc. In a significant development, Facebook Inc’s cryptocurrency has received backing from more than a dozen companies including PayPal Holdings Inc, Visa Inc, Uber Technologies Inc and Mastercard Inc. According to a report from the Wall Street Journal, each company will invest nearly $10 million…

India’s Ola expands its ride hailing services into New Zealand

Ola is steadily expanding its footprint in overseas markets. Earlier this year, it had forayed into the UK and the Australian ride-hailing markets. On Tuesday, Indian ride-hailing platform Ola said it plans on expanding its operations to New Zealand. The move underscores its latest push overseas as it ups its rivalry with its peer, Uber…