Hillary Clinton finally claimed the Democratic nomination last night, and Bernie Sanders is preparing to lay off loads of his campaign staff. As the focus shifts to the general, closer scrutiny is being given to how much more successful Donald Trump can be, given his weak fundraising operation and general campaign turmoil.
[Patrick Healy and Jonathan Martin | The New York Times]
In spite of some serious regulatory hurdles, Jeff Bezos says that Amazon is continuing full steam ahead in India, and that the company plans to put an additional $3 billion into its operations in the country.
[Spencer Soper | Bloomberg]
Uber has raised almost $6 billion in 2016, and its Chinese rival Didi Chuxing has raised at least a billion. Both companies are continuing to stockpile cash from private investors, meaning that an IPO for either one of them is probably way off in the distance.
[Amir Efrati and Peter Schulz | The Information]
Uber has canned and replaced its head of customer support, a few months after the company's questionable approach to handling sexual assault complaints was made public in leaked documents.
[Johana Bhuiyan | Recode]
After breaking the story that billionaire Peter Thiel was backing Hulk Hogan's lawsuits against Gawker, Forbes now offers the fuller picture. The authors suggest that Thiel was also behind the (now settled) class action suit from ex-Gawker interns, and that Thiel may have actually tried to buy Gawker at one point.
[Ryan Mac and Matt Drange | Forbes]
