Technology

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Grab, Uber's SEAsia rival, to raise $2.5 billion from Didi, SoftBank, others 11:23pm EDT

SINGAPORE (Reuters) - Grab, Uber Technologies Inc's biggest ride-hailing competitor in Southeast Asia, said it expects to raise $2.5 billion in its latest financing round that will help bolster its leading position in the region and grow its payments platform.  Full Article

 
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Madrid asks anti-trust watchdog to probe Uber's new airport service Saturday, 22 Jul 2017 

MADRID (Reuters) - Authorities in Madrid asked Spain's anti-trust watchdog on Saturday to investigate whether Uber's new low-cost airport transfer service constitutes unfair competition.  Full Article  

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Bitcoin averts split as miners back new software upgrade Friday, 21 Jul 2017 

NEW YORK (Reuters) - Digital currency bitcoin on Friday averted a split into two currencies after its network supported an upgrade to its software that would enhance its ability to process an increasing number of transactions.  Full Article