Uber appoints new UK chief as renewal of London licence looms
Melinda Roylett joins the firm having previously headed the European operation of digital payment firm Square
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Innovobot
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Innovobot is an investment and innovation platform that brings together Innovobot Labs, an R&D and innovation design house and Innovobot Resonance Ventures, a seed-stage VC focused on Deep Tech and Tech for Good. Based in Montreal, Canada, Innovobot has business and operational activities across Canada, in the United States, Europe and Asia.
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Uber posts massive 2Q loss, revenue falls short of expectations as core ride-hailing growth slows
The NYSE-listed firm reported a net loss of $5.2 billion, up from a deficit of $878 million a year earlier, reflecting $3.9 billion of stock-based compensation expenses related to its IPO earlier this year,
Talks to take Nordstrom private could unravel
Lenders are anxious about the retail industry, given dwindling mall traffic and the surprise bankruptcy filing of Toys ‘R’ Us last month