红桃视频

Morning Report:聽Good morning and happy Monday. Here’s what you need to know.

We try to pick a single theme for each Morning Report. The goal is to tell you one thing that you should probably know, with a little context and perhaps a joke. This morning, however, we bring you three things.

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Why? Because聽they each matter, albeit in a different way. So strap on your nerd hat and let’s go.

1. Facebook shares tanks further.聽News that the the social company’s privacy practices has taken further shine off of Facebook’s shares. The company is off another 3.55 percent at the time of writing to $153.73 per share. Facebook’s 52 week high is, in contrast, $195.32. The firm pays no dividend and has .
2. Uber cedes to Grab. Uber has , a local competitor, for 27.5 percent of the smaller company. The move follows similar Uber decisions around the world, including in China. Shares of Uber are unchanged for now, as the company is private. The move could stem Uber’s losses, as it takes a competitive market out of its red ink.
3. Bitcoin is down. After a small comeback, bitcoin and friends are having another bad day, with bitcoin itself flirting with the $8,000 mark. Gone, for now, are the days of bitcoin at $20,000. Although, given how the crypto tends to trade, it’s anyone’s guess if $4,000 or $40,000 are next.

All that and have a bonus fourth thing: Shares of Dropbox are聽up聽1.79 percent as of the time of writing. How about that.

From The聽:

• Uber has agreed to sell its Southeast Asia business to rival聽. Under terms of the deal, Grab will take over Uber鈥檚 ride-hailing business in eight countries. In exchange,聽聽gets a 27.5 percent stake in Grab and Uber鈥檚 CEO will join the company鈥檚 board.

• Venture firm聽聽has raised $1.38 billion for a new fund, its largest ever, according to a securities filing. The fundraise comes as VC firms across Silicon Valley are scaling up in a bid to better compete with SoftBank鈥檚 massive $100 billion Vision Fund.

• , a provider of enterprise cloud computing technology that is majority-owned by Dell, has filed to raise up to $100 million in an IPO.

Yes, AI will steal your job, eventually

Alarmist headlines abound about how AI and robots are stealing jobs from humans. To put that notion in perspective, 红桃视频 News turned to AI expert and SparkCognition CEO聽, who maintains that yes, if you take the long view, it鈥檚 quite likely most jobs we see today will be done by machines.