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Toyota invests in ride-sharing app Grab

Toyota Tsusho Corporation, the sole general trading company of Toyota Group, has invested in Grab in its current financing round and is expected to raise $2.5 billion. This investment was made through its Next Technology Fund and is the latest participant in Grab’s current financing round, led by SoftBank and

How a Danish startup is using math to cut airport wait times in half

(Business Insider) - Danish startup Copenhagen Optimization has become the go-to for making airports run more smoothly. Like they did at Geneva Airport in Switzerland, where the average waiting time was reduced by more than 50%. "It's all about numbers," says Anders Dohn, Managing Partner and co-founder at Copenhagen Optimization. "At the core, we have a

How Conveyor belt operators’ strike over unpaid 8 months salary grounded flights at Lagos airport

...Airport authority denies owning operators (Guardian) - Flights at the international wing of the Murtala Muhammed Airport, Lagos were disrupted yesterday for several hours following a strike action by operators of the belt conveyor to protest against alleged unpaid salaries. The workers, in the employ of OTIS Nigeria Limited, a private company engaged to

Commercial bus owners in Nigeria ask the government to check spate of armed robbery

(Sun) - The umbrella body of long distance bus owners and operators in Nigeria, Association of Luxury Bus Owners (ALBON) has implored the Federal Government to deploy measures that will stem the rising cases of armed robbery on various highways. The association, while reacting to the killing of the driver of a

Uber Gets Deal-Maker, Trump Agitator as CEO

Dara Khosrowshahi will take over as chief of ride-hail company Meg Whitman and Jeffrey Immelt were finalists for the job   (Bloomberg) - Uber Technologies Inc. will appoint Expedia Inc.’s Dara Khosrowshahi to run the global ride-hailing Leviathan, two people familiar with the matter said. He’ll succeed co-founder Travis Kalanick, who led the