Uber, Taxify drivers in Kenya reach deal for higher fares after week of strike

NAIROBI, Kenya — According to Kenya’s transport ministry and groups representing drivers working for taxi hailing firms in the East African country signed a deal on Wednesday that will give drivers higher pay and better working conditions. Kenya which is Uber’s second-largest market in sub-Saharan Africa, after South Africa — competes against its global rival…

Apple updates MacBook Pro with faster performance and new features for pros

CUPERTINO, California — Apple announced that it has updated the MacBook Pro with faster performance and new pro features, making it the most advanced Mac notebook ever. “The latest generation MacBook Pro is the fastest and most powerful notebook we’ve ever made,” said Philip Schiller, Apple’s senior vice president of Worldwide Marketing. “Now with 8th-generation…

Apple celebrates its 10-year anniversary with App Store

CUPERTINO, California — Apple celebrated its 10-year anniversary since introducing the App Store on July 10, 2008 with 500 apps — igniting a cultural, social and economic phenomenon that changed how people work, play, meet, travel and so much more. The App Store provided a groundbreaking solution for developers to distribute their software and consumers…

NBA to host the third annual Hackathon on September 22

NEW YORK, New York — On September 22nd, 2018, students, statisticians, developers and engineers will take part in the third annual NBA Hackathon. The 2018 NBA Hackathon will feature two tracks, basketball analytics and business analytics. Teams accepted to the Hackathon will build tools to solve important and challenging problems in the NBA. Their work…

PayPal and Synchrony Complete Consumer Credit Receivables Sale

SAN JOSE, Calif. & STAMFORD, Conn — PayPal Holdings, Inc. (NASDAQ:PYPL) today announced the closing of its consumer credit receivables transaction with Synchrony (NYSE:SYF). Under the terms of the transaction, and related transactions with unaffiliated third parties, Synchrony acquired $7.6 billion in receivables, including PayPal’s U.S. consumer credit receivables portfolio, which totaled $6.8 billion at…

Amazon to Acquire PillPack

SEATTLE & BOSTON — Amazon and PillPack today announced that they have entered into a definitive merger agreement under which Amazon will acquire PillPack. PillPack is a pharmacy designed to provide the best possible customer experience in the U.S. for people who take multiple daily prescriptions. PillPack delivers medications in pre-sorted dose packaging, coordinates refills and renewals, and makes sure shipments are sent on time. “PillPack’s visionary…

AT&T announces that it will acquire AppNexus

DALLAS, Texas — AT&T confirmed today that it has entered into a definitive agreement to acquire AppNexus. AppNexus will become a part of AT&T advertising & analytics, led by Brian Lesser, CEO. AppNexus is a technology company that operates a leading global advertising marketplace and provides enterprise products for digital advertising – serving publishers, agencies…

PayPal to Acquire Simility for $120 million in Cash

SAN JOSE, California — PayPal Holdings, Inc. (NASDAQ: PYPL) announced that it has agreed to acquire Simility, a leading fraud prevention and risk management platform, for a purchase price of $120 million in cash, subject to certain adjustments. The acquisition of Simility will enhance PayPal’s ability to deliver fraud prevention and risk management solutions to…