Tech Brew Ride Home Mon. 11/25 - Deadpool Buys an MVNO
Nov 25, 2019
Uber’s legal woes deepen as it loses its London license due to safety concerns over uninsured drivers. Meanwhile, Tim Berners-Lee proposes a 'Contract for the Web' to restore online safety. In a surprising twist, Ryan Reynolds invests in Mint Mobile, signaling a crossover of Hollywood into telecommunications. eBay sells StubHub, and India's Paytm secures $1 billion in funding amidst fierce digital payment competition. Plus, AMD's new Threadripper processors are generating buzz, while Elon Musk explains a mishap during the Cybertruck's unveiling.
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Uber Loses License
- Uber lost its London license after 14,000 trips involved unapproved drivers.
- 43 drivers uploaded their photos to other accounts, bypassing Uber's checks.
Contract for the Web
- Tim Berners-Lee launched the "Contract for the Web" to combat manipulation and privacy violations.
- It includes principles for governments, companies, and individuals, but enforcement is questionable.
eBay Sells StubHub
- eBay sold StubHub to Viagogo for $4 billion in cash.
- Viagogo's founder, Eric Bakker, co-founded StubHub before its initial sale to eBay.