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Argentina’s Mendoza province becomes first to pass law allowing Uber

Argentina’s Mendoza province becomes first to pass law allowing Uber

BUENOS AIRES (Reuters) – Uber Technologies Inc [UBER.UL] got the green light on Tuesday to operate in Argentina’s Mendoza province when lawmakers there passed the country’s first law regulating ride-hailing applications. The Senate voted 24-14 in favor of the law, which specifically allows such services in Argentina’s fifth-largest province by population, the legislature said on [...]

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Akamai profit beats on strength in cloud security business

Akamai profit beats on strength in cloud security business

(Reuters) – Akamai Technologies Inc (AKAM.O) topped Wall Street’s estimates for second-quarter profit on Tuesday, helped by an aggressive push into cloud security and a stabilizing media content delivery business. Revenue from the cloud security business – which provides data centers with safe ways to operate and deliver content – rose 33 percent to $155 [...]

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Cryptocurrency exchange Coinbase hires chief compliance officer

Cryptocurrency exchange Coinbase hires chief compliance officer

NEW YORK (Reuters) – Cryptocurrency exchange Coinbase has hired finance executive Jeff Horowitz as chief compliance officer, to help it navigate regulations for virtual currency companies, the company said on Tuesday. For the past three years Horowitz has served as global head of compliance for Pershing LLC, a subsidiary of Bank of New York Mellon [...]

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