Monthly Archives: July 2020

Uber to buy Postmates for $ 2.65 billion

SAN FRANCISCO – Uber agreed to acquire Food Delivery Startmates Postmates for $ 2.65 billion, two people with knowledge of the deal said, as the transportation company aims to increase its presence in on-demand food delivery while his main business struggles. The companies plan to announce the agreement of all …

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India’s TikTok ban undermines ByteDance

The Indian government said this week it will ban TikTok and other well-known Chinese applications, including the WeChat messaging platform and the UC Browser mobile browser, saying they pose a “threat to sovereignty and integrity.” The move follows a border clash between the two countries earlier this month that left …

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