UBER CUP

Big recruiters line up at IIT Guwahati on Day 1 of placement
The placement drive is being coordinated from IIT Guwahati campus. IIT Guwahati is conducting the placement completely in an online mode and the institute has ensured we take every effort to make placements season at IIT Guwahati a success, said professor Abhishek Kumar, Head, Center for Career Development at IIT Guwahati.

Chinese startup Full Truck valued at nearly $12 billion after SoftBank-led round: Report
The fundraising comes as the truck-hailing platform ...

Saudi's PIF cuts U.S. stock exposure by $3 bln in Q3, reduces ETFs
The Public Investment Fund (PIF) was holding $7.05 billion worth of U.S. e...
Apps win, labour frets after Uber-led 'gig worker' measure passes
Rideshare and delivery apps matching tasks with those willing to perform them as independent contractors sidestepped a labor law with the passage of Proposition 22 in a referendum put before state voters.
Wall Street shakes off election night wobbles to rally; tech and healthcare stocks lead
The fate of the U.S. presidency remains undecided as neither President Donald Trump or Democratic challenger Joe Biden has secured the 270 Electoral College votes needed to win. But after a tumultuous overnight session in global markets where Trump prematurely declared victory, Wall Street acted as if the occupant of the White House might be secondary.
Voters with disability, elderly to get free transportation to Patna polling booths
Additional Chief Electoral Officer Sanjay Kumar Singh said the facility will be available to only such elderly and disabled voters who could not opt for postal ballots.
It is a ballot fight for survival for gig companies like Uber, DoorDash
Top executives of Uber, Lyft and the delivery service DoorDash met to discuss a California ballot measure that would exempt them from a new state labor law and save their companies hundreds of millions of dollars.
ETCIO session on inclusive work culture powered by Uber: 5 insights on challenges faced by women in tech
Here are five key takeaways (edited excerpts) from one such insightful chat on ETCIO, powered by Uber.
Seattle approves minimum pay standard for Uber and Lyft drivers
Under the ordinance, effective January, the drivers will now earn at least $16.39 per hour - the minimum wage in Seattle for companies with more than 500 employees.
Wall Street closes higher as energy, financials lead broad rally
"Today's market is being led by energy and financials, but it's a very well-balanced market," said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. "Every sector is participating in this rally."
Badminton's showpiece Thomas and Uber Cup postponed after coronavirus pull-outs
The men's and women's world team championships had been set to take place in Denmark next month, and would have been the first international tournaments since the pandemic halted badminton in March. But the Badminton World Federation (BWF) said it was not in a position "to deliver the level of competition reasonably expected" after the pull-outs, and the event was being delayed until an as yet undecided date.
Uber's GSS team in India leads map updates across 150 global cities during lockdown
In a statement, Uber said its GSS team has led more than 200 localisation projects, including in-app messages in local languages to keep riders and drivers updated about new offerings, closure of services, various earning opportunities and financial assistance for drivers.
Startups cutting employee costs
Oyo, Ola, Paytm, Quikr, Zomato and Rivigo have handed out pink slips or are likely to.
India needs to leverage drone lessons from across the globe: Amit Ganjoo
There are plenty of other technologies out there that have the potential to cause far more damage. I worry more about how implementations and frameworks around drones will get fragmented globally, where every nation tries to reinvent the wheel, says Ganjoo.
SoftBank-backed Oyo lays off thousands across India, China
SoftBank-backed Oyo plans to shed another 1,200 in India over the next three to four months, sources said.