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TechLife News3 min read
Gatehouse, Gannett To Merge For $1.4b, Build Newspaper Giant
Two of the largest U.S. newspaper companies have agreed to combine for roughly $1.4 billion, creating a new industry giant that hopes to manage the crisis of print’s decline through sheer size. GateHouse Media, a fast-growing chain backed by an inves
TechLife News3 min readPolitics
China Imports From Us Fall 19% In July Amid Trade War
Chinese imports of American goods plunged in July as a tariff war with Washington intensified. Imports of U.S. goods fell 19% from a year earlier to $10.9 billion, customs data showed Thursday, though that was an improvement over June’s 31.4% fall. E
TechLife News2 min read
Lyft Posts Losses Despite Revenue Growth, Improves Outlook
Lyft continued to bleed money in its second quarter but says it expects to stem some of those losses, raising its outlook for 2019. The ride-hailing company on Wednesday posted revenue of $867.3 million, up 72% from the same time last year. But the S