Techmeme

Results 251 - 260 of about 2291:

Uber:
Uber reports Q3 revenue of $3.8B, up 30% YoY, gross bookings of $16.5B, up 29%, net loss of $1.2B; Uber Eats revenue up 64% to $645M; stock down 7%+   —  Revenue of $3.8 billion, with growth accelerating to 30% year-over-year, or 31% on a constant currency basis
Nov 4, 2019, 4:20 PMIn context
Andrew J. Hawkins / The Verge:
New York State Supreme Court dismisses Uber's lawsuit challenging NYC's law that capped the number of ride-hail vehicles that operate in the city   —  Taxi driver groups call it a ‘victory’  —  Uber's lawsuit challenging New York City's first-in-the-nation law capping the number …
Nov 1, 2019, 2:55 PMIn context
Josh Barro / New York Magazine:
A look at how US airports like LAX and O'Hare are trying to solve congestion caused by ride-hailing pickups by experimenting with ideas like PIN-based pickup   —  Earlier this month, I landed at McCarran Airport in Las Vegas and got out my phone to call an Uber.
Oct 31, 2019, 9:55 AMIn context
Mike Isaac / New York Times:
Two men plead guilty in federal court to hacks in 2016 of Uber and Lynda.com and subsequent extortion, saying they used employee AWS accounts to gain access   —  Guilty pleas to charges of hacking and an extortion conspiracy cap a legal saga that ensnared the tech companies in data breach scandals.
Oct 30, 2019, 2:15 PMIn context
Megan Rose Dickey / TechCrunch:
After CA passed AB5, a driver group launches a ballot measure to keep gig workers classified as contractors; Uber, Lyft, and DoorDash pledged $90M to defeat AB5   —  A group of Lyft, Uber and DoorDash drivers are announcing a statewide ballot measure for the November 2020 ballot this morning in Sacramento.
Oct 29, 2019, 9:20 PMIn context
Alfred Ng / CNET:
Uber refuses to provide LA with real-time location data on its scooters, sues the city, requests restraining order in case LA decides to suspend Uber's license   —  The ride-hailing company doesn't want to share everything with the city's government.  —  Los Angeles wants a peek …
Oct 29, 2019, 5:55 PMIn context
Hugh Son / CNBC:
Uber unveils Uber Money, a division for efforts like digital wallets and upgraded debit and credit cards, focusing at first on getting 4M drivers a bank account   —  - The ride company announces a new division called Uber Money, which includes a digital wallet and upgraded debit and credit cards.
Oct 28, 2019, 1:04 PMIn context
Justin Villamil / Bloomberg:
Stripe launches in Mexico, three weeks after the country's central bank launched CoDi, a mobile payments system that lets consumers make payments using QR codes   —  Mobile payment startup Stripe Inc. began operations in Mexico, three weeks after after the launch of a similar central bank-backed system aimed …
Oct 27, 2019, 5:05 PMIn context
Bloomberg:
Sources: SoftBank is planning to take a writedown of at least $5B to reflect a plunge in the value of some of its biggest holdings, including WeWork and Uber   —  SoftBank is planning to take a writedown of at least $5 billion to reflect a plunge in the value of some of its biggest holdings …
Oct 24, 2019, 7:00 PMIn context
Ingrid Lunden / TechCrunch:
Fair.com, a flexible car ownership marketplace valued at $1.2B that raised $500M from SoftBank and others, says it is laying off 40% of its staff   —  As the market continues to turn against the wave of highly valued, venture-backed startups operating with little end in sight to their huge losses …
Oct 24, 2019, 3:00 PMIn context

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