Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
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(Reuters) – Lyft Inc was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup on Thursday, raising more than it had set off to do as investors overlooked uncertainty over its path to becoming a profitable company. Lyft’s IPO sets the stage for the stock market debut of…
JERUSALEM (Reuters) – Israel passed a “nation-state” law on Thursday declaring that only Jews have the right of self-determination in the country, stirring anger from members of the Arab minority who said it was racist and drawing an expression of concern from the EU. The bill, backed by the right-wing government, passed through parliament after…
SAN FRANCISCO (Reuters) – If a new European law restricting what companies can do with people’s online data went into effect tomorrow, almost 1.9 billion Facebook Inc users around the world would be protected by it. The online social network is making changes that ensure the number will be much smaller. Facebook members outside…
SEOUL South Korea’s Constitutional Court removed President Park Geun-hye from office on Friday over a graft scandal involving the country’s conglomerates at a time of rising tensions with North Korea and China. The ruling sparked protests from hundreds of Park’s supporters, two of whom were killed in clashes with police outside the court, and…
KUALA LUMPUR/SEOUL North Korea barred Malaysians from leaving the country on Tuesday, sparking tit-for-tat action by Malaysia, as police investigating the murder of Kim Jong Nam in Kuala Lumpur sought to question three men hiding in the North Korean embassy. Malaysia’s Prime Minister Najib Razak accused North Korea of “effectively holding our citizens hostage”…