Uber and Lyft in mad dash for passengers; tech deals are in the crosshairs, and more top news

The news professionals are talking about now, curated by LinkedIn’s editors. Join the conversation on today's stories in the comments.

Lyft and Uber are working to attract and keep riders ahead of their initial public offerings, with both ride-hailing companies offering discounts, according to The Information. Lyft has recently started pushing discounts and saw its market share grow from 30% to 34%, with Uber planning to match the discounts, per the report. Lyft is expected to hit the public market first, with Uber following closely behind. ? Here’s what people are saying.

Also: In a "rare move," Lyft and Uber will both give their veteran drivers money to buy stock in their IPOs, reports The Wall Street Journal, citing anonymous sources.

The Federal Trade Commission says it’s setting up a task force that will examine the antitrust implications of tech deals — including mergers that have already been approved — meaning the commission could unwind previous deals that have led to allegedly anti-competitive outcomes. The FTC's tougher line comes during a time of growing scrutiny over the power of tech firms to stifle competition and buy up would-be rivals. ? Here’s what people are saying.

The summit between President Trump and North Korean leader Kim Jong Un was cut short with no denuclearization agreement, said the White House Thursday. A joint signing ceremony that had been previously organized was cancelled, along with a lunch. This is the second time the two leaders meet, following an initial summit in Singapore last year. ? Here’s what people are saying.

Nevada gambling regulators hit Wynn Resorts with their biggest fine ever — $20 million — after the company conceded that employees' complaints about sexual misconduct by founder and former CEO Steve Wynn were "systematically ignored." A state probe found allegations of rape, sexual misconduct and harassment beyond what had been reported by The Wall Street Journal last year. ? Here’s what people are saying.

Companies applying for the H-2B seasonal workers' visa could be entering a lottery, if a proposed rule takes effect in July. The Labor Department wants to randomly order applications for processing to discourage a filing rush, like the one that crashed the government’s website in January. Almost 100,000 filings were received on the first day of the six-month period —for which about 33,000 seasonal work permits were available. ? Here’s what people are saying.

?Idea of the Day: In a culture where being busy is applauded, smart business owners should utilize technology to make life easier, advises digital marketing coach and eCommerce specialist Kate Collinson.

“I started working for myself to do better work, earn more and work a little less—not more.”

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