Business

Consolidation in Southeast Asian Ride-Hailing Industry: Uber-Grab

Consolidation in Southeast Asian Ride-Hailing Industry: Uber-Grab

Grab offers services in more than 190 cities across Indonesia, Singapore, the Philippines, Malaysia, Thailand, Vietnam, Myanmar and Cambodia. But he has a fight on his hands - Uber's losses in 2017 grew to $4.5 billion from the $2.8 billion the company lost a year earlier.


Facebook's widening crisis over user data

Facebook's widening crisis over user data

Facebook's privacy practices have come under fire after Cambridge Analytica , a political consulting firm affiliated with President Donald Trump's 2016 election campaign, got data inappropriately. "I would say to him: You can fix it". He said Cambridge handled "all the data, all the analytics, all the targeting" for the campaign. And, increasingly, Facebook tries to match what it knows about you with your offline data, purchased from data brokers or gathered in other ways.


Stocks Tumble After Trump Slaps Tariffs on $60B in Chinese Imports

Stocks Tumble After Trump Slaps Tariffs on $60B in Chinese Imports

The CBOE Volatility Index, which measures price swings in the stock market, jumped 30% to 23.34 in recent trading. They were down 2.5 and 2.4 percent respectively Thursday. Earlier, the Trump administration unveiled tariffs created to punish China for intellectual property theft, imposing about $60 billion in retaliatory charges.


Great Pacific Garbage Patch growing into a plastic monster

Great Pacific Garbage Patch growing into a plastic monster

The patch was first discovered in in the late 80's, and is characterized by a high amount of plastic waste, chemical sludge, and various debris that have been trapped by the North Pacific Gyre , a collection of Pacific Ocean currents. The three-year mapping effort showed that plastic pollution is "increasing exponentially and at a faster rate than in the surrounding water", said the worldwide team.


These are the teens behind the 'March for Our Lives' protests

These are the teens behind the 'March for Our Lives' protests

As hundreds of thousands of protesters prepared to gather in Washington and other cities across the USA on Saturday to demand meaningful gun reform, the National Rifle Association took to social media to mock the "March For Our Lives" event and the young gun violence survivors who spearheaded it.


Akash Ambani to marry diamantaire Russel Mehta's daughter Shloka: Details

Akash Ambani to marry diamantaire Russel Mehta's daughter Shloka: Details

Both are involved in their respective family businesses and are equally accomplished in what they do. The proposal was held in Goa followed by a pre-wedding shoot. Shloka is the daughter of Russell Mehta, the head of Rosy Blue Diamonds-formerly known as B Arunkumar & Co-ranked among the top six diamond companies of India.