Uber slashes 23% of its workforce

Source: Dukascopy Bank SA
Uber Technologies has shifted its focus to its core ride-hailing and food delivery businesses, after cutting 23% of the company's workforce, seeking to become more profitable despite the crisis caused by the coronavirus pandemic.
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Tue, 19 May 2020 10:00:41 GMT

Sony buys out subsidiary

On Tuesday, Sony announced that it would buy out Sony Financial Holdings for 400 billion yen.

Tue, 19 May 2020 07:46:53 GMT

Disney's Mayer to become TikTok's new CEO

Kevin Mayer, Walt Disney's top streaming executive, is set to leave the theme and entertainment parks giant, as he was appointed as TikTok's Chief Executive, both companies announced.

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