Uber Loses $891 Million During Second Fiscal Quarter Due to Internal Spending

Uber App on Phone

Uber has continued to lose substantial amounts of money throughout the year. The company generated $2.8 billion in revenue during its second quarter, but it still lost 891$ million due to internal spending. Uber likely lost funds through efforts to grow its presence globally. Although Uber managed to earn more than it did in last year’s second quarter, it still has lost a substantial amount of money. Last quarter, Uber generated a rare amount of income, as it sold its businesses in Russia and some Southeast Asian countries to other…

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New Zealand Prohibits Immigrants From Purchasing Houses

News related to immigration in countries other than the United States often goes relatively unnoticed. However, one of the latest developments in immigration at an international level comes from New Zealand, where many foreigners will now be unable to purchase homes. This legislation applies to all non-residents living in New Zealand except Australians and Singaporeans, due to the free-trade deals between the countries. New Zealand is adopting this measure in response to a recent housing affordability crisis. The crisis was mainly brought on by low interest rates, limited housing stock, and…

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Facebook Brings Back Data Gathering Firm After Investigations on Privacy

A Facebook-related data firm which was suspended a month ago due to investigations regarding user data and privacy is now available again. The investigations concluded that Crimson Hexagon, a data analytics company, did not use data gathered from the Facebook for government surveillance. Facebook suspended the firm’s use due to criminal allegations regarding the company’s contract. Facebook reportedly stated that Crimson Hexagon would give the social network’s data to government agencies and an unnamed Russian organization for analysis. This investigation was influenced by an article in The Wall Street Journal…

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Democratic Midterm Candidates May Become the First Muslim Women in Congress

The U.S. Democratic party has reached a new milestone with regards to its midterm candidates. About a week ago, news broke that a record number of female candidates will be running for a major political party’s nomination in the 2018 midterms. This is largely due to the fact the Democratic party has nominated 143 women so far this year. However, a more recent development with regards to this number is a great achievement for both women and Muslims alike. Two Muslim women, one in Minnesota and the other in Michigan, recently…

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