May 21, 2020
Good morning! This Thursday, a former Uber exec's thoughts on ride-sharing's outlook, TikTok's plans for U.S. domination, and SoftBank execs might be having another feud. Want Index in your inbox each morning? Subscribe here.
Protocol is hosting a Virtual Meetup today, where Issie Lapowsky and Emily Birnbaum will talk with Rep. Will Hurd about cybersecurity, tech regulation and more. It's at noon PDT: Sign up here.
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As of 5:05 a.m. PDT: Nasdaq Futures: 0.45% | Euro 600: -0.67% | Nikkei: -0.21% | Hang Seng: 0.49%
With Uber laying off a quarter of its workforce, everyone's wondering what happens to the ride-sharing company next. Will people be willing to get in a car with strangers again?
Cox was recently appointed COO of Routable.ai, which develops ride-sharing logistics software. The company was born out of MIT research that found an algorithm to make vehicle-routing more efficient.
The pandemic has increased governments' urgency for this sort of tech, Cox said.
When TikTok hired Disney's Kevin Mayer as its new CEO, everyone knew it meant business. Today on Protocol, Chris Stokel-Walker explains just how much business. Chris reports that the company is rolling out its India-playbook to the U.S.: a carefully honed strategy of ad-fueled growth to get things started, an influencer network to improve the platform's content, and then a prominent exec hire with experience in the local market to help manage its reputation. The similarities are eerie: TikTok's India boss is a Disney veteran, too.
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