Reuters Technology Report: Lyft expects to raise as much as $2 billion in IPO

Click to View in Browser Monday, March 18, 2019 Lyft expects to raise as much as $2 billion in IPO Ride-hailing platform Lyft Inc said on Monday it would raise as much as $2 billion in its much-awaited initial public offering. China online lender Dianrong blames government for its woes: memo Dianrong, one of China's biggest peer-to-peer (P2P) lenders which is laying off staff and shutting stores, blamed the government for its troubles saying the absence of clear-cut policies was proving to be a heavy burden. China's top diplomat rejects West's 'immoral' Huawei concerns China opposes politically motivated attempts to discredit its telecoms equipment makers on security grounds, the Chinese government's top diplomat, State Councillor Wang Yi, said on Monday. Singtel signs deal to expand mobile wallet alliance to Japan Singapore Telecommunications Ltd said on Monday it has signed a partnership to enable the use of its cross-border mobile wallet platform in Japan, as the telecom operator moves ahead with its digital payments expansion. UK's Corbyn says social media platforms must act after New Zealand attack Social media platforms must be able to react more quickly and stop the broadcast of live events, the leader of Britain's opposition Labour Party said on Sunday, after a gunman in New Zealand broadcast a shooting rampage last week. Facebook says it removed 1.5 million videos of the New Zealand mosque attack Facebook Inc said it removed 1.5 million videos globally of the New Zealand mosque attack in the first 24 hours after the attack. Amazon's second headquarters clears blocks in Virginia funding vote Amazon.com Inc's planned second headquarters in northern Virginia cleared a key test on Saturday when local officials approved a proposed financial package worth an estimated $51 million amid a small but vocal opposition. Amazon's second headquarters faces new blocks in Virginia funding vote Amazon.com Inc's plan to set up a second headquarters in northern Virginia, after being rebuffed in New York, will face its first test when local officials vote on Saturday on a proposed financial package worth an estimated $51 million. Apple Watch detects irregular heart beat in large U.S. study The Apple Watch was able to detect irregular heart pulse rates that could signal the need for further monitoring for a serious heart rhythm problem, according to data from a large study funded by Apple Inc , demonstrating a potential future role for wearable consumer technology in healthcare. Investor group calls on Lyft to scrap dual-class share structure plan: FT A group of investors has called on Lyft Inc's board to scrap a proposed dual-class share structure, as the ride hailing company pitches its initial public offering to investors next week, the Financial Times reported on Saturday. Related Video Tesla launches the Model Y electric crossover In Poland, robots in workplaces are here to stay Mediafile How about Hightail-ing it? On Twitter, dubious health claims from e-cigarette bots A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today A quick-fix on the day's news delivered when you want it. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2019 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook