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Uber loses $1 billion in quarter as costs grow for drivers, food delivery
Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public company. Press Release Distribution Service
T-Mobile, Sprint considering divesting wireless spectrum: sources
U.S. wireless carriers T-Mobile US Inc and Sprint Corp are considering divesting wireless spectrum, according to two sources familiar with the matter, as the companies work to gain regulatory approval for their merger. Press Release Distribution Service
Hard for Xi, Trump to make progress on trade: former China central bank chief
China’s President Xi Jinping and U.S. President Donald Trump are likely to find it “difficult” to make major progress toward ending their countries’ trade war when they meet at a G20 summit in Japan in June, a former top Chinese official said on Friday. Press Release Distribution Service
U.S., China firms scramble as new tariffs hurt business
Shanghai wine importer Alex Chen has spent the last 10 days moving all his American wines – from chardonnays to zinfandels – out of warehouses in the city’s free trade zone before they are hit with an extra tariff that kicks in on Saturday. Press Release Distribution Service
Rihanna Just Proved That Americans Have Been Saying Her Name Wrong This Entire Time
View Entire Post › Press Release Distribution Service
22 Actors Who’s No.1 Talent Is Their Fake American Accent
Two words: Charlize Theron. View Entire Post › Press Release Distribution Service
Tesla promotes lower priced China-made Model 3 in sales push
U.S. electric vehicle (EV) maker Tesla Inc said on Friday it would price its China-made Model 3 vehicles from 328,000 yuan ($47,529), 13% cheaper than those it currently imports as it pushes sales in the fast growing market. Press Release Distribution Service
Inflatable angry emoji looms over Facebook annual meeting as users vent frustrations
Protesters carrying an inflatable angry emoji greeted Facebook Inc shareholders as they gathered for the company’s annual meeting on Thursday, the latest sign of its struggle to shake off privacy scandals and rein in fake news and hate speech. Press Release Distribution Service
Raptors beat Warriors in landmark NBA Finals opener
The Toronto Raptors, with the support of an entire nation behind them, won the first NBA Finals game played outside the United States with a thrilling 118-109 victory over the two-time defending champion Golden State Warriors on Thursday. Press Release Distribution Service
MLB roundup: Homer-happy Rockies sweep D-backs
Trevor Story had four hits and scored the winning run in the 10th inning, and the Colorado Rockies beat the Arizona Diamondbacks 11-10 on Thursday in Denver to sweep a four-game series. Press Release Distribution Service