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After Uber, Ola to lay off 25% workforce, says revenue fell by 95% in two months

DNA Wednesday, 20 May 2020
The COVID-19 necessitated lockdown has brought the economy to a standstill. With the further extension of the lockdown, businesses are being forced to shut down or trim operations.
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Uber Uber American peer-to-peer ridesharing, freight, food delivery, and transportation network company

Uber Looking To Buy Postmates [Video]

Uber Looking To Buy Postmates

The NY Times and Business Insider report that Uber is holding acquisition talks with food delivery startup Postmates. Earlier this year Uber was reported to be holding acquisition talks with Grubhub. But those talks reportedly fell through. In mid-June Grubhub announced it was merging with Just Eat. Postmates is smaller than Grubhub, and would be more amenable to a take-over.

Credit: Wochit News    Duration: 00:27Published
Americans mark Juneteenth from coast to coast [Video]

Americans mark Juneteenth from coast to coast

Thousands marched in U.S. cities to mark Juneteenth, a holiday commemorating the end of Black slavery that carries special resonance this year. Gavino Garay has more.

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Grubhub Gets Acquired By European Food-Delivery Service [Video]

Grubhub Gets Acquired By European Food-Delivery Service

Just Eat Takeaway, a food-delivery service based in Europe, bought Grubhub. According to Gizmodo, while sales have spiked, operation costs have also been high. The acquisition of Grubhub makes it the largest digital food delivery service operator outside of China. Stories analyzing the deal pointed out a European deal was less likely to get blocked by antitrust regulators. Before Just Eat Takeaway acquired Grubhub, Uber wanted to also buy the food-delivery service.

Credit: Wochit News    Duration: 00:32Published
Uber Founder Says Someone Tried To Burn Down New Office [Video]

Uber Founder Says Someone Tried To Burn Down New Office

Travis Kalanick is the founder of Uber. He was recently kicked out of the company. Business Insider reports that Kalanick founded CloudKitchens, a delivery-only restaurant operation. Kalanick says the company is the victim of arson. On Twitter, the company said two fires were started. They posted video evidence of the intruders. The company is worth more than $7 billion. It's funded from Kalanick's Uber wealth as well as Saudi Arabia.

Credit: Wochit News    Duration: 00:37Published

Coronavirus disease 2019 Coronavirus disease 2019 Infectious respiratory disease caused by severe acute respiratory syndrome coronavirus 2

COVID-19: Schools shut, mid-day meals become thing of the past in Muzaffarpur [Video]

COVID-19: Schools shut, mid-day meals become thing of the past in Muzaffarpur

As all government and private schools remain closed since the COVID-19 lockdown, it's having a devastating effect on the poor children in parts of Bihar. With schools closed and mid-day meal supply allegedly stopped, the children of Kanti block area of Muzaffarpur district have now joined their parents in the fields and in grazing goats. A villager said, "We are not getting any mid-day meal services for our children." Child malnutrition is a severe issue in Bihar.

Credit: ANI    Duration: 01:23Published
Will Telehealth Continue After COVID, And How? [Video]

Will Telehealth Continue After COVID, And How?

Seema Verma oversees the Medicare and Medicaid programs for the Trump administration. Verma is deciding how often patients will be able to use phone and video visits to see the doctor. She has said it's “crystal clear” that telehealth must continue, says Business Insider. Verma has the power to change certain regulations on doctor phone and video visits. She’s thinking through which types of medicine should be offering care virtually.

Credit: Wochit News    Duration: 00:36Published

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After Uber, Ola to lay off 25% workforce, says revenue fell by 95% in two months

The COVID-19 necessitated lockdown has brought the economy to a standstill. With the further extension of the lockdown, businesses are being forced to shut down...
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