TC Roundup: Uber nears 1m trips every day in China
Uber nears 1m trips every day in China: Uber drivers are making close to 1m trips every day in China, almost as many as on the entire ride-hailing service globally just six months ago, as it pours huge resources into one of its most challenging markets.
The San Francisco-based company hopes to buck the trend of US tech companies that have failed to crack the lucrative and fast-growing Chinese market by investing more than $1bn there this year. (Financial Times)
French watchdog pressures Google on right 'to be forgotten': Google must scrub search results worldwide when it agrees to requests from users to be "forgotten", rather than just from European versions of its website, France's data protection regulator said on Friday.
The regulator (CNIL) said in a statement that if Google does not comply within 15 days, it can launch a process leading to sanctions, ramping up pressure on the U.S. giant following a landmark European legal ruling. (Reuters)
Facebook annual meeting 'very staid,' needs more fun, investor says: It's hard to compete with Warren Buffett. But at least one Facebook FB -0.40%shareholder thinks Mark Zuckerberg should try a little harder.
"You know, this meeting is very staid," the shareholder said toward the end of the social network's annual meeting Thursday. "At Berkshire Hathaway 'sBRKA +0.26%stockholder meeting, we have a lot of fun." (The Wall Street Journal)