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Added On August 12, 2017

According to researchers at the University of Michigan Transportation Research Institute (UMTRI), car ownership may drop in areas where Uber, Lyft and other on-demand ride services operate.
 
CAR OWNERSHIP MAY DROP FOR UBER, LYFT SERVICE
   
They surveyed more than 1,200 people in Austin, Texas, to examine how their habits changed after Uber and Lyft pulled drivers out of the city due to a local law change. 
  
The study found that 41 percent of those surveyed turned to their own vehicle to fill the void left by Uber and Lyft. 
 
Nine percent actually bought an additional car for this purpose.
   
Rounding out the respondents, 3 percent switched to public transit and 42 percent switched to another, smaller transportation networking company. 
   
Overall trips decreased after Uber and Lyft service was suspended. 
   
GOOGLE CEO CANCELS 'TOWN HALL' ON GENDER DISPUTE
 
Google CEO Sundar Pichai has canceled an internal town hall meant to address gender discrimination on Thursday.
 
Pichai said in an email to staff that several Google employees became fearful for their safety and grew concerned about being outed for speaking up at the town hall.
 
He said the company will aim to create several other forums "where people can feel comfortable to speak freely." 
 
The town hall was meant to hear out employee grievances over a flare-up that has consumed Google for much of the week. 
 
It began last weekend after engineer James Damore circulated a memo that claimed biological gender differences helped explain why women are underrepresented at the company.
 
CHINA MOBILE POSTS HIGHER PROF IT IN H1
 
China Mobile, China's leading telecom services provider, reported higher profit growth for the first half of this year.
   
According to a company statement, profits attributable to equity shareholders rose 3.5 percent year on year to about 9.4 billion U.S. dollars in the first half. 
   
The growth was higher than the 0.2-percent increase in profits last year. 
 
Boosted by the announcement, the company's shares listed in Hong Kong rose 2.78 percent on Thursday.
   
Revenue from telecom services climbed 6.9 percent from a year earlier, with the growth rate higher than the industrial average.
   
Revenue from wireless data traffic accounted for more than half of telecom services revenue.