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Uber posts $1 billion loss in quarter as growth in bookings slows

Uber Technologies Inc said on Wednesday that growth in bookings for its ride-hailing and delivery services rose 6 percent in the latest quarter, the third quarter in a row that growth has remained in the single digits after double-digit growth for all of last year.

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Levi Strauss is planning to go public: CNBC

Levi Strauss & Co, the 145-year-old company that made the first pair of blue jeans, is planning an initial public offering, CNBC reported https://cnb.cx/2zSjbDL on Wednesday, citing sources familiar with the matter.

Blue Apron warns on revenue growth, shares tumble

Blue Apron Holdings Inc on Wednesday said it plans to cut marketing spending, sacrificing possible revenue growth to focus on promoting its meal-kit delivery service to its highest-paying, most profitable customers.

BMW, Vodafone, Ericsson urge EU to consider 5G car standard

BMW, Vodafone and Ericsson made a last-ditch effort on Wednesday to persuade the European Commission to open the way for the use of 5G technology in cars, concerned about the EU executive's preference for a wifi-based technology being pursued by their rivals.


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