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Uber
Will pay its largest settlement ever for its misleading 'safe ride fee'. It will pay $28.5 million to 25 million passengers.
Marc Andreessen
Was publicly rebuked by Mark Zuckerberg for a negative tweet about India. The since-deleted tweet was a response to India's ban affecting Free Basics.
Time Inc.
Now owns MySpace. The once-popular site was part of an acquisition of Viant, an ad-tech giant.
Whole Foods
Is trying to woo Millennials with its new 365 chain. Part of this effort may include bringing in other businesses—like tattoo parlors and record shops.
Quote of the Day
"A person doesn’t need an engineering degree or to have had mega success as an entrepreneur to become a successful venture capitalist." - Richard Kerby, Vice President at Venrock
Daily Top Headlines:
Animation: Lucy Clinch
Script: Katie Carroll, Isabelle Roughol
Art: Jacqueline Zaccor
Producer: Florencia Iriondo