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Uber’s taking over transport, Walmart eyes Flipkart, and more news

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Uber
Uber will soon offer new services like buying public transport tickets and hiring rental cars or bikes. Uber announced earlier this week it had acquired New York bike-sharing startup Jump for around $200M.
 
Walmart
Walmart is nearing a deal to buy 51% of Indian e-commerce site Flipkart, reports Reuters. The deal would be worth between $10B to $12B and likely to be closed in June.
 
Bank of America
Bank of America will stop financing firms that make military-style weapons such as the AR-15 rifle. The announcement follows similar moves by other banks, as well as gun sale policy changes by Walmart, Kroger and Dick’s Sporting Goods.
 
Quote
“My position is not that there should be no regulation but I also think that you have to be careful about regulation you put in place.” Facebook CEO Mark Zuckerberg, on his 2nd day of congressional hearings
 
Daily Top Headlines: 
Animation: Lucy Clinch 
Script: Katie Carroll, Lorraine K. Lee 
Art: Jacqueline Zaccor 
Producer: Florencia Iriondo

Published in: News & Politics
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