Sunday, June 16, 2019

Citymapper says it's shutting down Ride, its hybrid taxi and bus service in London, on July 14, due to onerous regulations and a desire to focus on other ideas (James Vincent/The Verge)

James Vincent / The Verge:
Citymapper says it's shutting down Ride, its hybrid taxi and bus service in London, on July 14, due to onerous regulations and a desire to focus on other ideas  —  It's focusing on reinventing the travel pass instead  —  Transport app Citymapper is reliably, even admirably inventive, but not all its experiments work out.



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...