Uber Secures License to Operate in London 🇬🇧 For 30 Months

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Uber Secures License to Operate in London 🇬🇧 For 30 Months

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Ride-hailing firm Uber has been granted a 30-month license to operate private hire vehicles in London.

Uber was previously denied a license by Transport for London in November 2019 to operate in London, citing a pattern of failures that had put passengers at risk.

It also said that a glitch in Uber’s systems also allowed unauthorized drivers to upload their photos to other driver accounts and fraudulently pick up passengers.

However, in September 2020, a judge upheld Uber’s appeal against the decision and granted it a two-and-a-half-year license.

The license granted to Uber comes with several conditions jointly agreed upon by Uber and TfL.

“We’re delighted to announce @TfL has granted Uber a new 30-month license in London. TfL rightly holds our industry to the highest regulatory and safety standards and we are pleased to have met their high bar,” Uber said in a Twitter post.

Uber also said that it will remain focused on raising industry standards in all areas, such as providing benefits & security to drivers, safety to passengers, and operating as a fully electric platform by 2025.

Rio de Janeiro to Adopt Bitcoin Payments For Real Estate 🏠 Taxes From 2023

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Brazil’s capital Rio de Janeiro has said that it will start accepting payments made via Bitcoin towards urban real estate taxes.

The move is a part of the city’s pro-cryptocurrency taxation laws that are set to take effect from 2023.

Noting the announcement, Changpeng Zhao, chief executive of cryptocurrency exchange Binance, tweeted saying, “9 days ago, I made a handshake deal with mayor @eduardopaes. Rio De Janeiro will accept crypto for tax payments, and @Binance  will open an office in Rio. He’s done his part. We are working on ours.”

This move will place Rio de Janeiro as the first Brazilian city to make bitcoin payments mainstream.

The city also intends to recruit blockchain-specialized organizations and individuals to hasten the growth of the city’s cryptocurrency market.

“To allow the operation, the municipality will rent corporations specialized in changing crypto belongings into reais. On this approach, the Metropolis Corridor will obtain 100% of the quantity within the foreign money, ” said Brazilian secretary Pedro Paulo while acknowledging the initiative.

Rio De Janeiro also plans to implement NFT-based governance norms in a variety of fields, including arts, tourism, and more.

Remote Work Platform Firstbase Raises $50 Million in Series B 💰

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Firstbase, a U.S.-based company that provides remote infrastructure for global teams, has raised $50 million in its Series B funding round at a valuation of $65 million.

The funding was led by Kleiner Perkins and also saw participation from existing investors Andreessen Horowitz, Alpaca VC, and Forum Ventures.

Founded in 2019 by Chris Herd and Trey Bastian, Firstbase is a remote work SaaS platform that allows companies to track and manage physical equipment assets.

The startup’s software platform helps companies set up, manage, maintain, and retrieve all physical equipment remote workers need to work from home comfortably and effectively.

The company has rapidly scaled up to address the increased demand from companies to enable employees to work from anywhere.

From managing laptops & monitors to chairs and more, Firstbase also handles deployment of assets, IT installation and upgrades, ongoing repairs, culture and perks, and asset collection when a worker leaves.

Firstbase plans to use the fresh funds to fuel its aggressive hiring, product development, operations, and geographic expansion.

Glance Acquires Gambit to Bring NFT-Based Live Gaming 🎮

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Glance, a Singapore-based consumer internet company, has acquired Indian gaming company Gambit Sports Pvt Ltd in a move to accelerate its ambition of building an NFT-based live gaming experiences platform for Gen-Z across various markets.

The acquisition will bring together Glance’s scale and locks screen-centric innovation with Gambit’s expertise and understanding of the gaming ecosystem.

Currently, Glance’s lock screen gaming platform Glance Games has over 45 million monthly active users across Asia.

Interestingly, about 70% of its users are in the age group of 18 to 34, while more than 40% of its gamers are female.

Founded in 2019, Glance is an artificial intelligence software company that delivers personalized content to the lock screens of smartphones.

The deal will help the InMobi-owned platform leverage Gambit’s expertise in launching live gaming experiences, including tournaments, game shows, multiplayer games, and more on the lock screen.

Gambit’s acquisition will also allow Glance to launch multiple casual to mid-core games to be enjoyed by diverse sets of gamers.

Around the Web 🌐

Apple iPad Pro With ‘M2’ Chip May Launch in September: Apple is reportedly planning to launch an iPad Pro with the rumored M2 chip sometime this fall, according to Apple tracker Mark Gurman’s Power On newsletter. Gurman also expects the iPhone maker to release a major update for the upcoming generation of iPad Pros, which will supposedly include support for MagSafe charging.


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