FT News Briefing Monday, March 25
Mar 25, 2019
Theresa May battles to keep her leadership as Brexit negotiations heat up. The Mueller report clears Trump of collusion, stirring political debates. Uber is poised to make waves with a $3.1bn deal in Dubai, setting the stage for tech industry shifts. Meanwhile, Apple is gearing up for a streaming service launch, aiming to capture new revenue streams. Experts dissect how these developments could reshape both tech strategies and the digital advertising landscape.
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May's Leadership Challenge
- Theresa May faced a leadership challenge over Brexit but her cabinet rallied support.
- A crucial week lies ahead with Parliament potentially taking control of the Brexit process.
Mueller Report Findings
- The Mueller report concluded there was no collusion between the Trump campaign and Russia.
- However, the report doesn't exonerate Trump on obstruction of justice.
Uber's Acquisition
- Uber is set to acquire Dubai-based ride-sharing rival Kareem for $3.1 billion.
- This deal marks a significant moment for Middle Eastern tech and venture capital.