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Top VCs discuss how COVID-19 is impacting robotics

In the space of several weeks, COVID-19 has transformed countless industries and will continue to do so in ways we can only imagine.The pandemic has also spurred many to find new ways to work and keep

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Uber leads $170 million Lime investment, offloads Jump to Lime

Lime has announced that it has raised a $170 million funding round. Uber is the leading investor with existing investors Alphabet, Bain Capital Ventures, GV and others also participating. The Informa

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The survival of the airline industry

A Southwest Airlines plane lands next to a United Airlines plane at San Francisco International Airport, California, the United States of America, March 6, 2020. /VCG Editor's note: Freddie Re

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How Lyft intends to navigate and survive COVID-19

A glimpse at Lyft’s stock price Wednesday, which soared as much as 16.77% after first-quarter earnings were reported, suggested all was well in the ride-hailing company’s world.In this CO

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Daily Crunch: Uber and Airbnb lay off thousands

Uber and Airbnb are cutting significant portions of their workforce, Microsoft announces new Surface devices and we talk to Apple Craig Federighi about the new iPad cursor.Here’s your Daily Crun

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Uber Eats’ new sharing feature makes it less painful to send your friends food

Uber Eats is introducing a new feature that lets customers send food to friends, family or coworkers and share details to make it easier track the deliveries.Uber Eats customers have been able to or

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As coronavirus lockdown eases, Thais face unemployment crisis

A socially distanced food handout in the Don Muang area of Bangkok, Thailand. Tony Cheng/CGTN In Thailand, lockdown regulations are being eased and some businesses reopening, following a consi

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Summer holidays in France to be limited; Greece could open in July

French President Emmanuel Macron announced on Monday that international travel will be limited even during the summer holiday, and thus French citizens have to adapt their holiday plans accordingly.

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Australia 'losing $2.5 bn a week' in virus shutdown

Australia's economy is losing Aus$4 billion (US$2.5 billion) every week its virus shutdown continues, with GDP forecast to plunge 10 percent in the June quarter, accord

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Citing revenue declines, Airbnb cuts 1,900 jobs, or around 25% of its global workforce

This afternoon Airbnb, a well-known private company that connects travelers with places to stay, announced that it was laying off around a quarter of its workforce. The company cited revenue declines

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Uber and Lyft face worker misclassification lawsuit from CA Attorney General and city attorneys

California Attorney General Xavier Becerra along with city attorneys from Los Angeles, San Diego and San Francisco are filing a lawsuit asserting Uber and Lyft gain an unfair and unlawful competitive

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Gig workers in San Francisco are mostly people of color and many are immigrants, according to survey

Gig workers have become an essential part of our society during the COVID-19 global health crisis. But even before the pandemic, gig workers had become a staple in the lives of many people who use ser

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Uber subsidiary Careem to slash workforce by 31%, suspends bus transport app

Careem, the Dubai-based ride-hailing and delivery company that was acquired by Uber last year, is cutting its workforce by 31% and suspending its mass transportation business due to affects from the

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Italy eases long lockdown, leaders push vaccine effort

Millions of people were allowed to return to work in Italy Monday as Europe’s longest lockdown started to ease, while countries from Iceland to India took a patchwork o

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S. African Airways says government exploring funding solutions

Workers of South African Airways (SAA) hold placards during a strike over wages and job cuts at SAA headquarters in Kempton Park, South Africa, November 15, 2019. /Reuters South African nation

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UN chief optimistic about building fair globalization rooted in equality, sustainability, justice

United Nations Secretary-General Antonio Guterres on Friday expressed the belief that the mankind can build a fair globalization rooted in equality, sustainability and justice in his statement delive

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Spotlight: As COVID-19 recession deepens, over 30 million Americans have sought jobless aid

More than 30 million Americans have applied for jobless claims during the six-week period since mid-March, indicating the ballooning economic cost of COVID-19 shutdown