#China weighs ‘unprecedented’ penalties for Didi after US IPO

#China weighs ‘unprecedented’ penalties for Didi after US IPO

“#China weighs ‘unprecedented’ penalties for Didi after US IPO” China is reportedly weighing “unprecedented” penalties for Didi after the ride-sharing giant went public in the US in June despite a crackdown from its home country’s cybersecurity regulator. China’s government may forcibly introduce a state-owned investor to the company’s board or force Didi — popularly known…

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#Uber to buy shipping logistics firm Transplace for .25B

#Uber to buy shipping logistics firm Transplace for $2.25B

“#Uber to buy shipping logistics firm Transplace for $2.25B” Ride-sharing company Uber on Thursday announced that its trucking business will acquire transportation logistics company Transplace for $2.25 billion. Uber Freight will acquire Transplace from TPG Capital, the private equity platform of alternative asset firm TPG. Shares of Uber fell slightly on the news in early…

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#Co-ed suffered ‘heinous’ acts by accused killer: prosecutors

#Co-ed suffered ‘heinous’ acts by accused killer: prosecutors

“#Co-ed suffered ‘heinous’ acts by accused killer: prosecutors” The South Carolina college student who was allegedly kidnapped and killed by a man she thought to be her Uber driver suffered “heinous, cruel and malicious acts,” prosecutors said during opening statements in her murder trial Tuesday. New Jersey native Samantha Josephson, 21, was killed by Nathaniel…

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#Teen stabs Uber driver in Westchester

#Teen stabs Uber driver in Westchester

“#Teen stabs Uber driver in Westchester” A girl stabbed an Uber driver during a fight in Westchester County on Friday, a report said. The driver had picked up five passengers from shopping complex New Roc City in New Rochelle at just before 2:30 p.m. when an argument broke out with a juvenile female passenger, ABC…

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