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Photo: Uber

Uber has agreed to acquire Jump Bikes, an electric dockless bike-sharing company with which it partnered earlier this year.

Why it matters: Uber has well-known aspirations to go beyond cars, and bike-sharing has gained traction as a "last-mile" transportation option in dense cities.

Jump is currently the only company with a permit to operate a dockless bike-sharing service in San Francisco, aside from the Bay Area-wide Ford GoBike service.

Background: Founder Ryan Rzepecki first got the idea to start a bike-sharing company in 2008, which was then named Social Bicycles. It had deployed more than 15,000 bikes in more than 40 markets, including outside the U.S., and recently raised $10 million in Series A funding from backers like Menlo Ventures, SOSV and Esther Dyson.

Market view: Other dockless bike-sharing companies include Ofo ($1.4 billion in total funding), Mobike (just sold to Meituan for $2.7 billion) , Spin ($8 million raised), and LimeBike ($132 million raised).

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The Palestinian Authority on Saturday announced fresh coronavirus restrictions, including a partial lockdown, for the occupied West Bank as COVID-19 cases surge.

The big picture: The new measures come as Israel, which leads the world in vaccinations, faces increased pressure to ensure Palestinians in the occupied West Bank and Gaza Strip have equal access to vaccines.

2 hours ago - World

Myanmar military fires UN ambassador after anti-coup speech

Photo: Peerapon Boonyakiat/SOPA Images/LightRocket via Getty Images

Myanmar's military regime on Saturday fired the country's Ambassador to the United Nations, Kyaw Moe Tun, a day after he gave a pro-democracy speech asking UN member nations to publicly condemn the Feb. 1 coup, The New York Times reports.

Details: State television said the ambassador had "betrayed the country and spoken for an unofficial organization which doesn’t represent the country and had abused the power and responsibilities of an ambassador."