Photo: Lime
On Friday, Lime said it's rolling out its electric scooter rental service in Mexico City, its first location in Latin America, just hours after rival Bird announced its own arrival in the city.
Why it matters: As we saw with ride-hailing a few years ago, the scooter wars are going global. In Latin America, Lime and Bird will not only compete with each other, but also against local rivals like Grin and Yellow.
Photo: Ira L. Black/Corbis via Getty Images
A judge on Wednesday ordered Eric Trump to comply with a subpoena to testify in a New York probe into his family business before the presidential election.
The state of play: New York Attorney General Letitia James (D) last month said her office had filed a lawsuit to compel the Trump Organization to comply with subpoenas related to an investigation into whether President Trump and his company improperly inflated the value of its assets on financial statements.
Silicon Valley venture capitalists are no longer content with investing in startups and then eventually handing them off. Instead, many are now forming SPACs, or blank-check acquisition companies, to ride tech unicorns into the public markets themselves.
Axios Re:Cap digs into this trend with the co-founders of a new tech SPAC called Reinvent Technology Partners: Reid Hoffman, a co-founder of LinkedIn and partner at Greylock, and Mark Pincus, the founder and former CEO of Zynga.
Illustration: Sarah Grillo/Axios
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday