The Federal Aviation Administration is reporting a big spike in complaints about disruptive airline passengers in the last three months. The FAA has received about 1,300 reports of unruly passengers since February.
Uber Technologies Inc (NYSE: UBER) ride-hailing peer, Bolt Technology OU, will initially launch a car-sharing project, Bolt Drive, in the Estonian capital, Tallinn, at steeply lower prices compared to the competition, Bloomberg reports. It will follow by subsequent expansion to other cities akin to its food delivery service. Bolt operates in roughly 40 countries in Europe and Africa. The company is the pioneer mobility platform in Europe to offer car-sharing, ride-hailing, and micro-mobility with scooters and electric bikes in one app. The initiative will let customers unlock cars with the app. The company estimates the initiative to influence various drivers to renounce car ownership. Bolt is presently valued at $2 billion after March’s $20 million fundraising round from the World Bank. Bolt’s previous backers include Daimler AG (OTC: DMLRY) (OTC: DDAIF) and China’s Didi Chuxing Inc. The company may raise funds over the next one and a half years, subject to expansion plans and investor negotiations. See more from BenzingaClick here for options trades from BenzingaCar Rental Companies Are Buying Used Cars Due To Chip Crisis: BloombergTurkish Delivery App Getir Seeks To Raise 0M At B Valuation: Bloomberg© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- The Independent
Most incidents relate to not wearing masks
- Rolling Stone
Biden follows through on campaign commitment: "This is the only humane thing in the world to do"
The Apple/Epic trial includes formerly private emails between top CEOs and officials.Why it matters: Both companies introduced documents into the court record highlighting each other’s failures, though that also showed how they handle emergencies.Get market news worthy of your time with Axios Markets. Subscribe for free.Apple officials seemed horrified in May 2018 when a developer complained that a game about a school shooting made it onto the app store just two months after the massacre at Stoneman Douglas High School."I am extremely appalled that Apple would approve such an app," the developer wrote in an email.After a forward from Apple CEO Tim Cook, the game was removed from its store and the developer was banned. It was gone within 24 hours of the initial email.Apple was notorious among app developers for being heavy-handed in prohibiting games with edgy content. But an internal review revealed that the app had been approved in less than 32 seconds.Epic's Sweeney emailed Ubisoft CEO Yves Guillemot in May 2019 with the subject line: "Apology: Epic Store Woes" following a spike in fraudulent purchases of Ubisoft's "The Division 2" on the Epic Games Store"In the past 48 hours, the rate of fraudulent transactions on Division 2 surpassed 70%, and was approaching 90%," Sweeney wrote, saying fraud of other games on the nascent EGS was just 2%.People had figured out how to buy Ubisoft games on the Epic Games Store with stolen credit cards, and hang onto the games via an online Ubisoft service called Uplay before Epic could catch them.Sweeney said Ubisoft's games would be temporarily pulled from the store, assuring Guillemot that "minimum revenue guarantees" will remain in place and putting the fault entirely on Epic. "I'm sorry for the trouble," he wrote.Go deeper: The trial also revealed a lot of details about Epic's "Fortnite"-fueled finances and the cost of its biggest betsMore from Axios: Sign up to get the latest market trends with Axios Markets. Subscribe for free
The Biden administration on Wednesday blocked a Trump-era rule that would have made it easier to classify gig workers who work for companies like Uber and Lyft as independent contractors instead of employees, signaling a potential policy shift toward greater worker protections. "By withdrawing the independent contractor rule, we will help preserve essential worker rights and stop the erosion of worker protections that would have occurred had the rule gone into effect," Labor Secretary Marty Walsh said in a statement. "Too often, workers lose important wage and related protections when employers misclassify them as independent contractors," he said.
The pandemic hit Uber's ride-hailing services as it restricted outdoor movements, pushing the company to focus on its delivery business. GoPuff, which recently acquired liquor store chain BevMo!, delivers items such as food, alcohol and medicines in more than 650 U.S. cities. Uber has also made inroads into the liquor delivery market with its acquisition of the on-demand alcohol platform Drizly in February.
Allegiant Travel’s first-quarter results missed Wall Street’s forecasts for revenue and earnings, but investors and analysts don’t seem to care. They are focused on the comeback in domestic leisure travel.
U.N. chief Antonio Guterres believes vaccine makers should allow other companies to produce versions of their COVID-19 shots, a U.N. spokesman said on Wednesday, as the World Trade Organisation discussed waiving patent rights to boost supply to developing countries. "The Secretary-General has often called for technology transfers and sharing of know-how and voluntary licensing or sharing of licensing," spokesman Stephane Dujarric said.
(Bloomberg) -- The head of fitness company Yoga Buddhi Co. voiced a litany of frustrations about marketing his business through Apple Inc., including being told the login page for his app had the wrong background color.It was a small gripe, but Epic Games Inc. is counting on the testimony of Benjamin Simon about his Down Dog app to make a larger point at a trial where the game maker is accusing Apple’s App Store of cheating developers and consumers with exorbitant fees and onerous rules.The trial before a federal judge in Oakland, California, comes as Apple faces a backlash -- with billions of dollars in revenue on the line -- from global regulators and some app developers who say its standard App Store fee of 30% and others policies are unfair and self-serving.The fight with Epic blew up in August when the game maker told customers it would begin offering a discounted direct purchase plan for items in its blockbuster Fortnite game, and Apple then removed the game app, cutting off access for more than a billion customers.To help make its case that the App Store is run like a monopoly in violation of federal antitrust law, Epic has lined up executives from other companies to testify that store policies severely limit their freedom to market their products as they would like.Among Simon’s complaint Tuesday was that Apple restricts developers from communicating to users that their services are available on the web at cheaper rates.The judge also heard Tuesday from an executive at Nvidia Corp., who said Apple didn’t approve an iOS app version of its game streaming service, blocking gamers from installing the service on their mobile devices through the App Store.Read More: FreeFortnite Hecklers Add a Shout-Out to Epic-Apple TrialOn Wednesday, Epic’s lawyers are scheduled to question a vice president in the Xbox unit of Microsoft Corp., which has supported the game maker in its battle with Apple.Apple, which vehemently denies abusing its market power, has portrayed Epic as an opportunist that wants to get all the benefits of the App Store without paying for them.The iPhone maker used its cross-examination Tuesday of Epic’s chief executive officer, Tim Sweeney, to try to poke holes in some of the game maker’s antitrust claims.Richard Doren, a lawyer for Apple, got Sweeney to acknowledge that Apple made accommodations to provide choices for gamers that weren’t available to them from Sony Corp.’s PlayStation.Sweeney also was asked why he uses an iPhone over an Android phone -- a query meant to bolster Apple’s argument that App Store policies are designed to protect consumers from malware and security threats.How Apple’s App Store Sparked an Epic Trial: QuickTakeFor Apple, security and privacy are “fundamental differentiators,” Doren said. “You personally prefer to use iPhone because Apple’s approach to protecting your privacy is superior to Google’s?” he asked.Sweeney said, “That’s among the reasons.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
The Amazon.com founder will launch people into space on his New Shepard vehicle on 20 July.
Republicans in the U.S. House of Representatives are expected to try to remove Liz Cheney from their party leadership for denouncing former President Donald Trump's false claim the election was stolen from him, said two Republican congressional sources. The No. 3 House Republican and the 54-year-old daughter of former Vice President Dick Cheney, she survived a similar rebellion early in the year. Cheney was one of 10 House Republicans to vote to impeach Trump on a charge of inciting a deadly Jan. 6 Capitol riot.
- Kansas City Star
“We really want to make an impact in our community and show how much we care,” said JoCo student
- Business Insider
US Justice Department expresses 'concerns' over the GOP's Arizona election audit being conducted by Cyber Ninjas
In a letter to the president of Arizona's state Senate, the department said it had reviewed information that "raises concerns" about the integrity of the effort.
- The Independent
Melinda Gates could become world’s second-richest woman
- The Independent
AOC uses ‘ogre’ emojis to troll Cruz over Trump meeting: ‘Nothing like reminiscing about attempted coups’
Congresswoman has repeatedly called for the senator to resign
- USA TODAY
Trump, No. 2 House Republican Steve Scalise throw support behind Elise Stefanik for Liz Cheney's leadership post
Steve Scalise, the House Republicans' No. 2, throws his support behind four-term New York Republican Rep. Elise Stefanik for leadership post.
- The Independent
Liz Cheney’s days in GOP leadership appear numbered
- The Independent
Bill and Melinda Gates announced their decision to end their marriage
- The Independent
‘Wow. The Trump reflex is very strong’
- The Independent
45 is locked out of his campaign’s massive fundraising, organising and information-gathering arm