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Zuckerberg plans to sell 18% of his Facebook shares

Bloomberg Mark Zuckerberg, the world’s fifth-richest person, plans to sell as much as 18 percent of his Facebook Inc. stock during the next 18 months. The founder and chief executive officer of the world’s biggest social media company expects to sell 35 million to 75 million shares, Menlo Park, California-based Facebook said in a regulatory filing. The stock ended the ...

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UK’s Uber ban gives May a Brexit dilemma

Bloomberg Is London’s decision to remove Uber Inc.’s taxi license a sign that Britain is turning inward ahead of Brexit? It could be seen as a concession to the capital’s famous black cab drivers, who are highly trained and expensive, and resent competition from cheaper rivals equipped with satellite navigation. They are skilled tradesmen threatened by the march of technology ...

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Amazon to create 2,000 jobs in new Manhattan office

Bloomberg Amazon.com Inc. is set to open a large new office in New York City and create 2,000 high-paying jobs. The e-commerce giant, which already has several locations across the city, will expand its presence with a 359,000 square-foot office in Manhattan that will employ people in finance, sales, marketing and information technology earning an average of $100,000 annually. Amazon ...

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