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Lyft Paints it Black with New Luxury Services

Ride-hail firm Lyft has added two high-end options to its service, as the company looks to muscle in on Uber’s luxury travel market. Lyft Lux and Lyft SUV will launch across five…

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The Worst Five Tech IPOs of All Time

IPOs are risky business–just ask Snap CEO Evan Spiegel, whose first financial report post-IPO left much to be desired. But while the Los Angeles-based social media firm will have had few traders…

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Snap Posts Less-than-Thrilling Post-IPO Financials

Snapchat parent company Snap has released its first earnings report post-IPO, and they’re not great. Revenue for the first quarter of 2017 was $149.6 million. That compares to a loss of $2.2bn,…

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WhatsApp Down for Hours–With No Explanation

Users of messaging service WhatsApp were unable to send or receive data for several hours yesterday. By 1.30pm PST most of its 1.2 billion users could send and receive messages once more.…

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Holiday Inn Suffers Card Payment Hack

The company behind the Holiday Inn and Crowne Plaza hotel brands has admitted a security breach at almost 1,200 of its locations. The InterContinental Hotels Group (IHG), based in the UK, announced…

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Net Neutrality is a Fight for the Future of America’s Economy

More likely than not, we will soon wave goodbye to net neutrality. Ajit Pai and his new FCC administration have made it clear they want to scrap the concept. An outcry from…

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Tech vs the FCC: Silicon Valley’s Heavyweights Fight for Net Neutrality

A powerful tech lobby has urged the US Federal Communications Commission not to weaken rules on net neutrality–targeting the as-yet unfinished plans of its Republican chairman, Ajit Pai. The Washington DC-based Internet…

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Amazon Launches Amazon Cash in US

Amazon has today launched Amazon Cash, a new service that will allow users to make purchases without a bank card. The scheme, which is only currently available in the US, permits customers…

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Intel Buys Mobileye for $15.3bn

US chipmaker Intel has announced a $15.3 billion takeover of driverless car tech firm Mobileye. Intel will pay $63.54 a share for the Israeli company, whose ascendance in the autonomous driving industry…

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Musk’s Moon Ambitions Outpace Any Other

By the time Howard Hughes built his H-4 Hercules flying boat, also known as the ‘Spruce Goose’, he was an engineering prodigy, having leveraged a fortune and innovated radios, aviation and other…

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