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Uber in Talks to Purchase Grubhub As COVID-19 Pressure Grows

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In its fight to survive the harsh economic realities of COVID-19, Uber is thrusting deeply into foods. In its latest move, the ride-hailing company is making an offer for Grubhub Inc., according to Bloomberg.

Grubhub Inc. is an American online and mobile prepared food ordering and delivery marketplace that connects eaters with local takeout restaurants. Founded in 2004, the company has grown a customer base of over 19 million users and 115,000 associated restaurants across the 50 US states and the UK from its base in Chicago.

The companies are said to be in talks as the effects of coronavirus have dampened their businesses, leaving them totally exposed to the uncertainties of the harsh economic climate.

Grubhub has held its ground amidst competition from DoorDash and Uber, using its 16 years’ experience to stay in the food game. The company’s shares surged to 39 percent in New York trading after it was temporarily halted. Grubhub market value stood at $5.6 billion after closing New York trading at 29 percent. Uber has a market value of $56 billion and added 2.3% increase at the end of trading on Tuesday.

The COVID-19 pandemic has hit Uber food services in many countries, pushing the company to shut many of its outlets internationally in a bid to cushion the effects of the downturn.

Apart from the Middle East where its subsidiary, Careem is planning to lay off 536 of its workforce, Uber will shutter its food operation in Czech Republic, Egypt, Honduras, Romania, Saudi Arabia, Uruguay and Ukraine on June 4. The austerity plan includes transferring Saudi Arabia’s operation to Careem on June 4.

Uber purchased Careem last year for $3.1 billion, but many of its operations in the Middle East have been badly hit by the coronavirus outbreak. The Dubai-based Careem suspended a portion of its public transit offering citing coronavirus.

Uber appears to be desperately looking for a way out of the loop as its ride-hailing business has been on the standstill in most countries around the world due to precautionary lockdowns initiated by governments to stem the spread of the pandemic.

The San-Francisco based company is counting on food delivery to stay in business until the dust of the pandemic settles.

Uber and Grubhub are looking to conclude the deal at the end of the month. But the matter remains confidential as negotiations are still going on between the two. A statement issued by Grubhub failed to acknowledge or deny the deal while Uber refused to comment on the matter.

“Consolidation could make sense in our industry, and, like any responsible company, we are always looking at value-enhancing opportunities. That said, we remain confident in our current strategy and our recent initiatives to support restaurants in this challenging environment,” the statement from Grubhub said.

However, the challenge lies on the overall food delivery performance which has dwindled considerably. But many believe that a merger between Uber and Grubhub will consolidate the US food delivery market. SoftBank’s owned DoorDash has been leading the market space with Grubhub in second place; Uber is left in third place. But a merger could see Uber and Gruhub controlling 55 percent of the food delivery service in the US.

Grubhub’s stock rose 63 percent at the news of its merger with Uber. But concern remains that the deal will spring antitrust inquiries from the authorities.

Uber’s CEO, Dara Khosrowshahi has been strategizing to keep the company afloat with new ideas. Last month, Uber launched two initiatives called ‘Uber Direct’ and ‘Uber Connect.’ Uber Direct lets users order items from select retailers and have them delivered directly to their door, while Uber Connect allows users in 25 cities in Australia, Mexico send packages to relatives and friends.

The aim was to keep many of its drivers on the roads as essential workers, as they distribute food items, drugs, pet supplies and foods. It also offers delivery of items for family members who have been separated by movement restrictions. But as the restrictions ease in many cities following a drop in numbers of coronavirus cases, the idea is becoming less practical, forcing Uber to concentrate on food delivery.

Top Reasons Why WordPress Pages Are Easily Hacked

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hacker hack

Today many web pages that we can see online are made in WordPress. It is one of the most popular content managers and offers more possibilities to users. 

However, it is also one of the most pirated. According to statistics that we echo, 90% of the sites hacked in the last year were in WordPress. In this article we are going to talk about it. We will explain the main reasons why you can hack a WordPress website.

How Hackers can hack a website in WordPress

We are going to talk about the main reasons why a hackers can hack a page made in WordPress. In this way, users who have pages or are responsible for the content of one can take measures to avoid these problems.

We already know that there are many types of threats and many varieties of malware online. Luckily we also have at our disposal a wide range of possibilities to protect ourselves. Of course, it is always convenient to know the causes of the problem and then find the solution. The easiest way is to download the security plugins like Astra Security which will protect your website from all the malwares.

Generic login page

One of the causes that experts say is very present when hacking websites is having a generic login page. This means that those responsible for the site have not changed the way they access it.

It is usually of the type www.pagename.com/wp-admin. This is known to attackers and they test possible combinations to determine whether or not they can access the page.

It is convenient to spend time changing the way we access the site. It is a very important point to prevent a WordPress page from being hacked.

Insecure passwords

Passwords should not be forgotten. Sometimes users use simple passwords that can be tested by potential attackers. It is not something exclusive to WordPress, far from it. We can apply this to any registry we have or the platform we use.

The ideal is to have unique keys, of a considerable length and that have letters (upper and lower case), numbers and other special symbols. All this at random.

Keep WordPress outdated

It is also quite common for attacks to arrive because WordPress is out of date. This is very common in sites that have little attention or that are not renewed frequently.

Sometimes vulnerabilities arise that affect the security of systems or devices. The same occurs in the case of WordPress and other managers. It is very important that we always have the latest versions and security patches installed. Thus we can correct possible problems that may be exploited and save our WordPress site from being hacked.

Use of insecure plugins

The plugins are very interesting to obtain certain features and added features. The problem is that sometimes we can add a plugin that is insecure, obsolete or has a vulnerability.

It is important to always make sure that the plugin that we are going to install is really in good condition to be used and it will not be a security problem. Also, you always have to keep them updated.

Plugin downloads from untrusted sources

A bit along the lines of insecure plugins is the fact of downloading them from unreliable sites. We may come across a plugin that is apparently interesting and has features that make our website better, but in reality we are installing malware on our site.

We must always make sure that what we are really installing is what it claims to be. You always have to download plugins from reliable sources.

Vulnerability on the server where the site is hosted

It can also happen that there are vulnerabilities in the server where the site is hosted. Sometimes we trust that everything will go well by hiring an expensive or recognized hosting, but many cybercriminals take advantage of possible vulnerabilities that affect these types of platforms.

Ultimately these are the main reasons by which hackers can hack WordPress sites.

Arik Air’s N10M Fine And Justice D.Z. Senchi’s Unveiling of New Nigeria

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Poor Arik Air, the bad luck cannot just stop. But this one can change Nigeria, for good. Yes, an Abuja High Court has ordered Arik Air to pay N10 million to a passenger, Isa Modibbo, whose flight was delayed. That is not a small signal: people will follow through in other domains, and hold individuals and companies responsible. And if trial lawyers know that the justices are open to party, a wave will begin. That open to party is by the justices not dismissing the cases, but rather put them to legal tests. You may not like the trajectory but that is actually how a modern society evolves.

People sell fake tires, roofing sheets, etc in Nigeria with zero consequences. If Arik is penalized for delaying a flight, I am sure someone will sue for risks to his life over fake vehicle brakes. As that happens, our society will equilibrate. 

Trial lawyers: sharpen your pen and sue owners of those property-and-life destroying trucks on Nigerian roads. You have Justice Danlami Senchi to help keep our roads safer. Game on…

Federal Capital Territory (FCT) High Court on Wednesday ordered Arik Air to pay N10 million to a passenger whose flight was delayed.

The passenger, Isa Modibbo, who is diabetic, reportedly missed an appointment with his doctor in Sokoto after his flight from Abuja which was scheduled for 10:30 a.m. was delayed to 6 p.m. on December 16, 2017.

Dissatisfied with the airline’s action, Mr Modibbo proceeded to file a suit against the airline for “infringing on his human rights”.

Ruling

Delivering judgment on Wednesday, Justice Danlami Senchi held that the failure of the airline to fulfil its contractual obligation of airlifting the plaintiff to Sokoto from Abuja at the stipulated time indicated on the flight ticket “is a serious breach of contract and infringement of the plaintiff’s right to free movement.”

Mr Senchi further held that the failure of the airline to respond to the request of the plaintiff for compensation due to the willful infringement “was a display of sheer arrogance which must not be allowed to continue.”

The judge also warned airline operators to respect the rights of passengers.

New Tekedia Mini-MBA Session – FMCG New Product Launch and Product Strategy

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Fast-moving consumer goods (FMCG) are typically low cost, fast-selling products. Examples are packaged foods, beverages, toiletries, OTC drugs and other consumables (Peak Milk, Omo, Bournvita, Ariel, Lux, etc). In Tekedia Mini-MBA, a veteran of this industry with experiences in Dangote Group will lead a session on “FMCG New Product Launch and Product Strategy”. Mohammad Ibrahim is currently the Managing Partner of Stochastic Institute which helps SMEs and MNCs in the FMCG product development, launch and go-to-market. Join him by registering here.

https://www.tekedia.com/mini-mba-2/

COVID-19: Food Crises Loom in Nigeria Due to Low Inputs for Farming, Farmers’ Movement Restriction -An Interview with Ayobami Olaiya

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Editor’s Notes

In terms of having crises in the last decade, the world has never experienced the kind of impacts Coronavirus is bringing to every sector and industry. Businesses and individuals are shivering because of the inability to perform normal business and personal activities towards quality living. Businesses are being shutdown. People are being restricted to avert emergence of geometrical cases of the virus. One thing that is sacrosanct is eating. People need to eat. Animal need to eat. But the shutdown and restriction are devastating the processes for the production of the needed food items.

‘Instead of Coronavirus, the Hunger Will Kill Us.’ A Global Food Crisis Looms, according to The New York Times, in its article on the impact of the virus in the global agriculture sector. In this interview, Ayobami Olaiya, a seasoned agriculturist, with over 12 years experience in Agriculture and Livelihood, Water and Sanitation, Environment, HIV/AIDS, Conflict Mitigation and Reconciliation, Youth and Women Development, speaks with our analyst on how Nigerian government should handle containment measures to avert food crises.

Excerpts

Tekedia: Coronavirus has come and it seems it will stay for long. How would you describe its impact since the first case in Nigeria?

Coronavirus has become one of the largest humanitarian and economic crises the world has ever seen. In summary I will say, coronavirus pandemic has affected everything. It has affected all sectors and parts of the society. It has caused both health and economic crises. Speaking from my own constituency (the farming community), the farmers who produce the food we eat are among the most vulnerable and have been affected badly which may make them more vulnerable to poverty and food crises.

Tekedia: It has forced governments to make a number of decisions to avert severe consequences. What is your take on some of the measures and approaches taken so far?

The measures taken by the government such as the initial lockdown order in Abuja, Lagos and Ogun including use of face masks, social distancing, ban on large gatherings and other precautions that must be taken was good. Borders are closed and interstate travelling restricted.  The citizen pressurized the government for palliatives during the lockdown, which President Buhari ordered the release of 700,000MT of grain from the reserve and 150 trucks of rice for distribution. The lockdown has been relaxed since 4th of May 2020 but several states have come up with curfew arrangements for their state to reduce new infection.

My concern and that of stakeholders in agriculture is that one way or the other farming activities are affected. Thanks to the Minister of Agriculture Sambo Nanono who in his support provided I.D for free movement of Agric input and produce across the country but, this is also without its own challenge in this of what is obtainable in various states.

Tekedia: Let us examine the impact within the agriculture and food production. What have we lost? What have we gained as a country?

Lives have been lost, jobs have been lost, the economy is down.

Tekedia: If the strict measures being adopted in some states continue, what would be consequences in the next three months?

For example, if the transportation infrastructure remains locked down for a long time, supplies of food from rural to urban and or from state to state will be hampered.

Tekedia: If we continue to adopt total lockdown, what would be the impact on imported foods that support local consumption?

With total lockdown there will be limited or no supply of input for food production. It means the health crises may lead to food crises.  AFEX reported that Nigeria’s fertilizer stocks are currently 20% below normal levels. There are only enough seeds and other inputs to farm 1 million hectares out of the roughly 30 million typically farmed.  Food and Agriculture Organization of the United Nations have projected about seven (7) million Nigerians to experience food and nutritional crises between June and August, this year (2020) in 16 northern states including the Federal Capital Territory (FCT). With lockdown and lack of commitment to support farmers to increase production will definitely lead to food crises soon. Government at all levels cannot sustain distribution of food as palliatives as Covid-19 has exposed. Presently, the balance of strategic grain reserves as reported by the minister is around 38,000MT of grains.  If the disease continues to spread and its attendant lockdown lingers on, other problems, such as restricted access to farm inputs, quality seeds, chemicals and machinery, will arise, impacting long-term food security. If there is no importation to support the food need of the country, there will be food crises.

Tekedia: How do you believe the government can control the spread of the virus without necessarily restricting farming activities?

So far, the response of government is focused on mitigating the impact of Covid-19 in densely populated cities. However, the majority of the population lives in rural areas. It is now time to consider the most vulnerable and pivotal groups: rural households who play an important role in maintaining national food security. Farmers are to be sensitized on Covid-19, protected against harassment by law enforcement officers, and supported with personal protective equipment (PPE). Government should support farmer with inputs such as fertilizers, seeds, herbicides among others. Framers can also be assisted with farm mechanization to ease farmers challenges in line with Covid-19 palliative arrangement for the wet season farming. The government should come up with programmes and policies that are crucial for improving livelihood of the poor to improve self-reliance and reduce total reliance on food assistance as well as prevent food shortage taking advantage of this farming season.