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Results 11 - 20 of about 103:

Eric Newcomer / Bloomberg:
CA housing bill that would allow new multistory apartments near public transport has support from Twitter, Facebook, Yelp, Stripe, Lyft, and a new “YIMBY” group   —  Well-paid tech jobs helped lead to most expensive housing market in the country  —  California is bracing …
Mar 28, 2018, 5:35 PMIn context
Bloomberg:
Grab to acquire all of Uber's operations in Southeast Asia, including UberEats; Uber gets 27.5% stake in Grab, and Uber CEO will join Grab's board   —  Grab to buy ride-sharing, food delivery businesses in region  —  Uber gets 27.5% stake in rival, CEO to join Grab's board
Mar 26, 2018, 12:40 AMIn context
Bloomberg:
Uber Agrees on Southeast Asian Sale to Grab   —  Uber is said to announce sale, for a stake of 25% to 30%  —  A deal will mark Uber's exit from yet another major market  —  Uber Technologies Inc. has reached an agreement to sell its Southeast Asian ride-hailing business to rival Grab …
Mar 25, 2018, 5:36 AMIn context
Bloomberg:
Sources: Grab is close to acquiring certain markets of Uber's Southeast Asia business, may sign a deal this week or next; Uber will take ~15%-20% stake in Grab   —  Grab, the dominant ride-hailing service in Southeast Asia, is close to finalizing a deal to acquire Uber Technologies Inc.'s business …
Mar 8, 2018, 12:26 AMIn context
Bloomberg:
Source: Uber has burned $10.7B total so far, making its losses worse than tech giants when they had same market cap; revenue lags firms with similar market cap   —  Uber is a financial oddity.  Can it mutate into a sustainable business?  —  What makes Uber Technologies Inc …
Mar 6, 2018, 1:40 PMIn context
Eric Newcomer / Bloomberg:
Uber says Q4 net revenue was $2.22B, up 61% YoY, total value of fares was $11B, UberEats is ~10% of its business, and it lost $4.5B on $7.5B sales in 2017   —  Uber Technologies Inc. had a painful 2017, but the business managed to grow.  —  Adjusted net revenue last quarter increased 61 percent …
Feb 13, 2018, 7:15 PMIn context
Bloomberg:
Sources: Waymo asked for $500M and outside monitor review of Uber's self-driving software to settle, Uber initially rejected the deal, agreed to reduced amount   —  Waymo won main goal to get outside review of Uber's software  —  New Uber leaders decided not to fight someone else's battle
Feb 9, 2018, 5:30 PMIn context
Bloomberg:
A behind-the-scenes look at Travis Kalanick's fall at Uber: from Susan Fowler's blog post and Waymo's lawsuit to the fight with Benchmark Capital's Bill Gurley   —  Silicon Valley CEOs are supposed to be sacrosanct.  So how did it all go wrong at Uber?  —  A year ago, before the investor lawsuits …
Jan 18, 2018, 10:15 AMIn context
Bloomberg:
Sources: in 2015-2016 Uber used “Ripley” tool to remotely shut down the company's devices and shield files and data from police raids in foreign countries   —  At least two dozen times, the San Francisco headquarters locked down equipment in foreign offices to shield files from police raids.
Jan 11, 2018, 8:30 AMIn context
Eric Newcomer / Bloomberg:
Sources: Kalanick plans to sell ~29% of his 10% Uber stake, worth about $1.4B, to SoftBank consortium after offering 50%, the maximum allowed for board members   —  Former Uber Technologies Inc. Chief Executive Officer Travis Kalanick, who has long boasted that he's never sold any shares …
Jan 4, 2018, 9:05 PMIn context

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