Revel Transit is shutting down its rideshare operation in NYC, as reported by Bloomberg. The company will instead focus its efforts on EV charging. It's also seeking buyers for its fleet, including the 165 for-hire vehicle license plates it owns.<br /> "At the end of the day, rideshare is a very competitive market and asset-heavy. It’s low margin," CEO Frank Reig said. “We [...]
Google (GOOGL) and Apple (AAPL) on Wednesday were found in violation of the European Union’s landmark antitrust law, the European Commission, the EU’s executive body, said in two press releases on Wednesday.Read more... [...]