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This reportedly allowed Uber to see what Lyft was charging for rides and how many drivers were nearby. Uber is said to have created fake Lyft passenger accounts
using the internal Hell software so it could see the exact location of Lyft cars.
The FBI is leading an investigation into whether Uber used secret software called "Hell" to track drivers from its rival Lyft, The Wall Street Journal's Rebecca Davis O'Brien and Greg Bensinger reported
Preliminary discussions with interested parties are currently taking place, the sources said, adding that General Atlantic and all the existing investors will trim their shareholding as a result of any deal.
"Bitcoin was designed to operate outside of the influence of governments and central banks, and is doing exactly that," said Iqbal Gandham, Managing Director at retail trading app eToro, which has seen huge increases in cryptocurrency trading volumes.
"People are just wanting to be part of it," said Ryan Nettles, head of FX trading and market strategy at Swiss bank Swissquote, which launched bitcoin trading two months ago. Nettles said interest had been much higher than anticipated and has come from banks, hedge funds and brokers.
Hyperion, whose portfolio includes brokers Howden and RKH and underwriter Dual, has significantly grown over the past two years, with its earnings before interest, taxes, depreciation, and amortization (EBITDA) climbing 82 percent to 103 million pounds in the year ending Sept.
Today`s modern ERP software can serve across all departments of your company. Integrate CRM technology with your ERP system and keep track of your customer base, as well. Manage everything from materials and inventory to accounts payable and accounts receivable. ERP or enterprise software can streamline your business practices in ways you may never have dreamed possible.
The firm, which mainly operates as an insurance broker, is looking to sell about 25 percent to a sovereign wealth fund or another long-term investor, the sources said, as it seeks to secure growth capital to fund its global expansion.
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of Apple's iOS 11 software first published on Reddit late Friday confirms several key features coming to the iPhone 8, which Apple is expected to officially unveil on Tuesday, September 12.
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investment firm General Atlantic, which owns around 35 percent of the business while its employees, including founder and Chief Executive David Howden, hold the rest. It is partly backed by U. Hyperion describes itself as the world's largest employee-owned insurance group.
LONDON, Oct 12 (Reuters) - British insurer Hyperion has hired Morgan Stanley to sound out financial investors for a minority stake sale, sources told Reuters, in a deal that could value the London-based firm at more than 1 billion pounds ($1.
Bitcoin almost reached $5,000 at the start of September, but fell back sharply after the head of JP Morgan blasted the cryptocurrency as a "fraud" and as China forced exchanges to close down, sparking fears of a broader crackdown.
Other cryptocurrencies -- whose prices tend to be highly correlated to bitcoin -- also rallied. Their total value -- or market capitalisation -- climbed above $160 billion for the first time since early September, according to industry website Coinmarketcap.
The facial recognition feature used to unlock the iPhone 8 will be called Face ID,
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according to the leaked software. Here's an animation of the feature's logo that 9to5Mac claims to have found in a video tutorial:
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