California man sues Uber claiming it stole ride-sharing idea

A California man has sued Uber Technologies Inc and its Chief Executive Officer Travis Kalanick, claiming they stole his idea for a cellphone-based car hailing service. Kevin Halpern sued Uber, Kalanick and several early investors in the company in San Francisco Superior Court on Thursday, accusing them of misappropriation of trade secrets and breach of contract

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Online gambling firm GVC bids for bigger rival Bwin.Party

Sports betting and gaming company GVC Holdings Plc said it had submitted a bid for bigger rival Bwin.Party Digital Entertainment Plc, which put itself up for sale last year. Bwin’s shares were up 9.6 percent at 98.00 pence at 1422 GMT (10.22 a.m. ET) on Friday.

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